IEFS.L vs. LCUK.L
IEFS.L (iShares Edge MSCI Europe Size Factor UCITS ETF) and LCUK.L (Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist) are both Europe Equities funds - IEFS.L tracks the MSCI Europe SMID NR EUR while LCUK.L tracks the FTSE AllSh TR GBP. Both are passively managed. Over the past 5 years, IEFS.L returned 5.94%/yr vs 10.01%/yr for LCUK.L. A 0.80 correlation means they provide meaningful diversification when combined. IEFS.L charges 0.25%/yr vs 0.04%/yr for LCUK.L.
Performance
IEFS.L vs. LCUK.L - Performance Comparison
Loading charts...
Different Trading Currencies
IEFS.L is traded in GBp, while LCUK.L is traded in GBP. To make them comparable, the LCUK.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IEFS.L achieves a 6.36% return, which is significantly higher than LCUK.L's 5.93% return.
IEFS.L
- 1D
- 0.54%
- 1M
- 1.90%
- YTD
- 6.36%
- 6M
- 8.61%
- 1Y
- 16.26%
- 3Y*
- 12.70%
- 5Y*
- 5.94%
- 10Y*
- 8.31%
LCUK.L
- 1D
- 0.54%
- 1M
- 1.88%
- YTD
- 5.93%
- 6M
- 5.05%
- 1Y
- 16.53%
- 3Y*
- 13.40%
- 5Y*
- 10.01%
- 10Y*
- —
IEFS.L vs. LCUK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IEFS.L iShares Edge MSCI Europe Size Factor UCITS ETF | 6.36% | 24.40% | 0.75% | 11.87% | -13.35% | 12.21% | 7.23% | 20.36% | -7.59% |
LCUK.L Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist | 5.93% | 21.01% | 9.05% | 7.25% | 2.15% | 18.06% | -11.83% | 18.73% | -0.85% |
Correlation
The correlation between IEFS.L and LCUK.L is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2018 | 0.80 |
The correlation between IEFS.L and LCUK.L shifts across timeframes, from 0.66 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IEFS.L vs. LCUK.L — Risk / Return Rank
IEFS.L
LCUK.L
IEFS.L vs. LCUK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Size Factor UCITS ETF (IEFS.L) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| IEFS.L | LCUK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.25 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 1.80 | -0.17 |
| Martin ratioReturn relative to average drawdown | 5.83 | 5.79 | +0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IEFS.L | LCUK.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 1.38 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.77 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.51 | +0.02 |
Drawdowns
IEFS.L vs. LCUK.L - Drawdown Comparison
The maximum IEFS.L drawdown since its inception was -31.02%, smaller than the maximum LCUK.L drawdown of -35.54%. Use the drawdown chart below to compare losses from any high point for IEFS.L and LCUK.L.
Loading charts...
Drawdown Indicators
| IEFS.L | LCUK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.02% | -35.54% | +4.52% |
Max Drawdown (1Y)Largest decline over 1 year | -9.91% | -9.13% | -0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -11.84% | -12.65% | +0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -26.40% | -12.65% | -13.75% |
Max Drawdown (10Y)Largest decline over 10 years | -31.02% | — | — |
Current DrawdownCurrent decline from peak | -1.87% | -3.98% | +2.11% |
Average DrawdownAverage peak-to-trough decline | -5.84% | -4.97% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 2.85% | -0.07% |
Volatility
IEFS.L vs. LCUK.L - Volatility Comparison
iShares Edge MSCI Europe Size Factor UCITS ETF (IEFS.L) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.L) have volatilities of 3.81% and 3.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IEFS.L | LCUK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.81% | 3.76% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 9.77% | 10.20% | -0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.72% | 11.92% | -0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.99% | 12.97% | +2.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.59% | 15.69% | -0.10% |
IEFS.L vs. LCUK.L - Expense Ratio Comparison
IEFS.L has a 0.25% expense ratio, which is higher than LCUK.L's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IEFS.L vs. LCUK.L - Dividend Comparison
Neither IEFS.L nor LCUK.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IEFS.L iShares Edge MSCI Europe Size Factor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LCUK.L Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist | 0.00% | 0.00% | 3.68% | 3.05% | 3.94% | 3.86% | 3.00% | 3.48% |
Frequently Asked Questions
IEFS.L and LCUK.L have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LCUK.L is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LCUK.L is cheaper with a 0.04% expense ratio, compared with 0.25% for IEFS.L.
IEFS.L tracks MSCI Europe SMID NR EUR, while LCUK.L tracks FTSE AllSh TR GBP. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.25% for IEFS.L and 0.04% for LCUK.L.
Find the right allocation for IEFS.L and LCUK.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer