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IGF vs. MEUD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IGF vs. MEUD.L

Last updated Jun 13, 2026

IGF (iShares Global Infrastructure ETF) and MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) are both exchange-traded funds - IGF is a Industrials Equities fund tracking the S&P Global Infrastructure Index, while MEUD.L is a Europe Equities fund tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 10 years, IGF returned 8.67%/yr vs 10.43%/yr for MEUD.L. A 0.55 correlation means they provide meaningful diversification when combined. IGF charges 0.39%/yr vs 0.15%/yr for MEUD.L.

Performance

IGF vs. MEUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Infrastructure ETF (IGF) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IGF is traded in USD, while MEUD.L is traded in GBp. To make them comparable, the MEUD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IGF achieves a 9.68% return, which is significantly higher than MEUD.L's 7.32% return. Over the past 10 years, IGF has underperformed MEUD.L with an annualized return of 8.67%, while MEUD.L has yielded a comparatively higher 10.43% annualized return.

IGF

1D
0.67%
1M
0.31%
YTD
9.68%
6M
10.24%
1Y
16.24%
3Y*
16.28%
5Y*
10.22%
10Y*
8.67%

MEUD.L

1D
1.59%
1M
2.70%
YTD
7.32%
6M
9.74%
1Y
17.86%
3Y*
16.80%
5Y*
8.78%
10Y*
10.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IGF vs. MEUD.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IGF
iShares Global Infrastructure ETF		9.68%21.31%14.81%6.14%-1.26%11.57%-6.50%25.82%-9.95%19.31%
MEUD.L
Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc		7.32%36.05%1.93%19.47%-15.19%16.00%7.03%25.23%-14.71%26.41%

Correlation

The correlation between IGF and MEUD.L is 0.52, 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

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.56

Correlation (10Y)
Calculated over the trailing 10-year period

0.55

Correlation (All Time)
Calculated using the full available price history since Apr 3, 2013

0.55

The correlation between IGF and MEUD.L has been stable across timeframes, ranging from 0.51 to 0.56 - a consistent structural relationship.

IGF vs. MEUD.L - Sectors Allocation Comparison

Sectors
IGF
MEUD.L

Utilities

41.1%
4.4%

Industrials

38.8%
20.3%

Energy

20.1%
5.3%

Real Estate

0.1%
1.2%

Basic Materials

-

5.1%

Communication Services

-

3.0%

Consumer Cyclical

-

7.1%

Consumer Defensive

-

7.7%

Financial Services

-

23.9%

Healthcare

-

12.6%

Technology

-

9.4%

Utilities

IGF
41.1%
MEUD.L
4.4%

Industrials

IGF
38.8%
MEUD.L
20.3%

Energy

IGF
20.1%
MEUD.L
5.3%

Real Estate

IGF
0.1%
MEUD.L
1.2%

Basic Materials

IGF

-

MEUD.L
5.1%

Communication Services

IGF

-

MEUD.L
3.0%

Consumer Cyclical

IGF

-

MEUD.L
7.1%

Consumer Defensive

IGF

-

MEUD.L
7.7%

Financial Services

IGF

-

MEUD.L
23.9%

Healthcare

IGF

-

MEUD.L
12.6%

Technology

IGF

-

MEUD.L
9.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global Infrastructure ETF

Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc

Often compared with IGF:
IGF vs. IFRAIGF vs. GIIIGF vs. NFRAIGF vs. SPYIGF vs. GLIFXIGF vs. VPUIGF vs. XLU
Often compared with MEUD.L:
MEUD.L vs. SMEA.LMEUD.L vs. XSX6.LMEUD.L vs. VEUA.LMEUD.L vs. SPYMEUD.L vs. HMEU.LMEUD.L vs. VUAA.LMEUD.L vs. CS51.L

Return for Risk

IGF vs. MEUD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IGF
IGF Risk / Return Rank: 5454
Overall Rank
IGF Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
IGF Sortino Ratio Rank: 5252
Sortino Ratio Rank
IGF Omega Ratio Rank: 4949
Omega Ratio Rank
IGF Calmar Ratio Rank: 6464
Calmar Ratio Rank
IGF Martin Ratio Rank: 5353
Martin Ratio Rank
MEUD.L
MEUD.L Risk / Return Rank: 5050
Overall Rank
MEUD.L Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
MEUD.L Sortino Ratio Rank: 5353
Sortino Ratio Rank
MEUD.L Omega Ratio Rank: 5656
Omega Ratio Rank
MEUD.L Calmar Ratio Rank: 4343
Calmar Ratio Rank
MEUD.L Martin Ratio Rank: 4646
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IGF vs. MEUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure ETF (IGF) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IGFMEUD.LDifference
Sharpe ratioReturn per unit of total volatility
1.55
1.21

+0.33

Sortino ratioReturn per unit of downside risk
2.22
1.79

+0.42

Omega ratioGain probability vs. loss probability

1.27

1.22

+0.05

Calmar ratioReturn relative to maximum drawdown

2.78

1.54

+1.24

Martin ratioReturn relative to average drawdown

8.03

5.48

+2.55

IGF vs. MEUD.L - Sharpe Ratio Comparison

The current IGF Sharpe Ratio is 1.55, which is comparable to the MEUD.L Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of IGF and MEUD.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IGF vs. MEUD.L - Drawdown Comparison

The maximum IGF drawdown since its inception was -58.33%, which is greater than MEUD.L's maximum drawdown of -36.31%. Use the drawdown chart below to compare losses from any high point for IGF and MEUD.L.

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Drawdown Indicators

IGFMEUD.LDifference

Max Drawdown

Largest peak-to-trough decline

-58.33%

-36.31%

-22.02%

Max Drawdown (1Y)

Largest decline over 1 year

-5.87%

-11.53%

+5.66%

Max Drawdown (3Y)

Largest decline over 3 years

-14.28%

-14.53%

+0.25%

Max Drawdown (5Y)

Largest decline over 5 years

-20.83%

-32.40%

+11.57%

Max Drawdown (10Y)

Largest decline over 10 years

-42.11%

-36.31%

-5.80%

Current Drawdown

Current decline from peak

-2.98%

-0.83%

-2.15%

Average Drawdown

Average peak-to-trough decline

-11.86%

-9.38%

-2.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.04%

3.25%

-1.21%

Volatility

IGF vs. MEUD.L - Volatility Comparison

The current volatility for iShares Global Infrastructure ETF (IGF) is 3.85%, while Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) has a volatility of 4.22%. This indicates that IGF experiences smaller price fluctuations and is considered to be less risky than MEUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IGFMEUD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.85%

4.22%

-0.37%

Volatility (6M)

Calculated over the trailing 6-month period

8.73%

12.16%

-3.43%

Volatility (1Y)

Calculated over the trailing 1-year period

10.58%

14.68%

-4.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.00%

19.17%

-5.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.83%

19.34%

-2.51%

IGF vs. MEUD.L - Expense Ratio Comparison

IGF has a 0.39% expense ratio, which is higher than MEUD.L's 0.15% expense ratio.

Dividends

IGF vs. MEUD.L - Dividend Comparison

IGF's dividend yield for the trailing twelve months is around 2.94%, while MEUD.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
IGF
iShares Global Infrastructure ETF		2.94%3.23%3.21%3.36%2.67%2.42%2.33%3.27%3.52%2.95%2.98%3.25%
MEUD.L
Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IGF and MEUD.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, MEUD.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

MEUD.L is cheaper with a 0.15% expense ratio, compared with 0.39% for IGF.

IGF is categorized as Industrials Equities, while MEUD.L is Europe Equities. IGF tracks S&P Global Infrastructure Index, while MEUD.L tracks MSCI Europe NR EUR. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.39% for IGF and 0.15% for MEUD.L.

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