IROB.DE vs. LGGE.DE
IROB.DE (L&G ROBO Global Robotics and Automation UCITS ETF) and LGGE.DE (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) are both exchange-traded funds - IROB.DE is a Technology Equities fund tracking the ROBO-STOX® Global Robotics and Automation, while LGGE.DE is a Europe Equities fund tracking the FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality. Both are passively managed. Over the past 3 years, IROB.DE returned 13.62%/yr vs 24.04%/yr for LGGE.DE. A 0.62 correlation means they provide meaningful diversification when combined. IROB.DE charges 0.80%/yr vs 0.25%/yr for LGGE.DE.
Performance
IROB.DE vs. LGGE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IROB.DE achieves a 28.27% return, which is significantly higher than LGGE.DE's 11.27% return.
IROB.DE
- 1D
- -1.49%
- 1M
- 6.54%
- YTD
- 28.27%
- 6M
- 25.45%
- 1Y
- 53.74%
- 3Y*
- 13.62%
- 5Y*
- 7.96%
- 10Y*
- 13.49%
LGGE.DE
- 1D
- 0.15%
- 1M
- -0.22%
- YTD
- 11.27%
- 6M
- 15.32%
- 1Y
- 26.49%
- 3Y*
- 24.04%
- 5Y*
- —
- 10Y*
- —
IROB.DE vs. LGGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IROB.DE L&G ROBO Global Robotics and Automation UCITS ETF | 28.27% | 10.23% | 4.18% | 20.94% | -30.08% | 14.07% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 11.27% | 38.29% | 14.07% | 17.18% | -3.86% | 7.23% |
Correlation
The correlation between IROB.DE and LGGE.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.62 |
The correlation between IROB.DE and LGGE.DE shifts across timeframes, from 0.51 (1 year) to 0.62 (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
IROB.DE vs. LGGE.DE — Risk / Return Rank
IROB.DE
LGGE.DE
IROB.DE vs. LGGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE). 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.
| IROB.DE | LGGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.40 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 3.61 | +0.34 |
| Martin ratioReturn relative to average drawdown | 15.02 | 13.07 | +1.95 |
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
| IROB.DE | LGGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 2.19 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 1.13 | -0.56 |
Drawdowns
IROB.DE vs. LGGE.DE - Drawdown Comparison
The maximum IROB.DE drawdown since its inception was -36.52%, which is greater than LGGE.DE's maximum drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for IROB.DE and LGGE.DE.
Loading charts...
Drawdown Indicators
| IROB.DE | LGGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -20.11% | -16.41% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -7.28% | -6.39% |
Max Drawdown (3Y)Largest decline over 3 years | -31.95% | -14.71% | -17.24% |
Max Drawdown (5Y)Largest decline over 5 years | -36.52% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.52% | — | — |
Current DrawdownCurrent decline from peak | -1.77% | -2.09% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -11.47% | -3.23% | -8.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 2.01% | +1.59% |
Volatility
IROB.DE vs. LGGE.DE - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) has a higher volatility of 7.52% compared to L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) at 3.60%. This indicates that IROB.DE's price experiences larger fluctuations and is considered to be riskier than LGGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IROB.DE | LGGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.52% | 3.60% | +3.92% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 9.47% | +7.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.72% | 11.99% | +9.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 14.60% | +6.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.01% | 14.60% | +6.41% |
IROB.DE vs. LGGE.DE - Expense Ratio Comparison
IROB.DE has a 0.80% expense ratio, which is higher than LGGE.DE's 0.25% expense ratio.
Dividends
IROB.DE vs. LGGE.DE - Dividend Comparison
IROB.DE has not paid dividends to shareholders, while LGGE.DE's dividend yield for the trailing twelve months is around 3.13%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IROB.DE L&G ROBO Global Robotics and Automation UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 3.13% | 3.47% | 4.37% | 4.43% | 4.18% | 1.52% |
Frequently Asked Questions
IROB.DE and LGGE.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGGE.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGGE.DE is cheaper with a 0.25% expense ratio, compared with 0.80% for IROB.DE.
IROB.DE is categorized as Technology Equities, while LGGE.DE is Europe Equities. IROB.DE tracks ROBO-STOX® Global Robotics and Automation, while LGGE.DE tracks FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality. Their fees differ too: 0.80% for IROB.DE and 0.25% for LGGE.DE.
Find the right allocation for IROB.DE and LGGE.DE
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