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L100.L vs. IHYG.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

L100.L vs. IHYG.L

Last updated Jun 5, 2026

L100.L (Lyxor FTSE 100 UCITS ETF - Acc) and IHYG.L (iShares € High Yield Corp Bond UCITS ETF EUR (Dist)) are both exchange-traded funds - L100.L is a Europe Equities fund tracking the FTSE AllSh TR GBP, while IHYG.L is a European High Yield Bonds fund tracking the Markit iBoxx Euro Liquid High Yield Index. Both are passively managed. Over the past 10 years, L100.L returned 9.00%/yr vs 4.09%/yr for IHYG.L. At a 0.33 correlation, their price movements are largely independent. L100.L charges 0.14%/yr vs 0.50%/yr for IHYG.L.

Performance

L100.L vs. IHYG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor FTSE 100 UCITS ETF - Acc (L100.L) and iShares € High Yield Corp Bond UCITS ETF EUR (Dist) (IHYG.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

L100.L is traded in GBp, while IHYG.L is traded in EUR. To make them comparable, the IHYG.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, L100.L achieves a 6.14% return, which is significantly higher than IHYG.L's -0.04% return. Over the past 10 years, L100.L has outperformed IHYG.L with an annualized return of 9.00%, while IHYG.L has yielded a comparatively lower 4.09% annualized return.

L100.L

1D
0.30%
1M
1.81%
YTD
6.14%
6M
8.45%
1Y
21.45%
3Y*
14.81%
5Y*
11.80%
10Y*
9.00%

IHYG.L

1D
0.19%
1M
1.13%
YTD
-0.04%
6M
0.39%
1Y
5.94%
3Y*
6.46%
5Y*
2.83%
10Y*
4.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

L100.L vs. IHYG.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
L100.L
Lyxor FTSE 100 UCITS ETF - Acc		6.14%25.82%9.29%7.37%4.86%17.92%-11.79%17.40%-9.14%12.45%
IHYG.L
iShares € High Yield Corp Bond UCITS ETF EUR (Dist)		-0.04%10.95%0.91%9.11%-4.79%-3.07%6.86%3.48%-2.62%9.29%

Correlation

The correlation between L100.L and IHYG.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.33

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

0.34

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

0.35

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

0.37

Correlation (All Time)
Calculated using the full available price history since Sep 7, 2010

0.33

L100.L vs. IHYG.L - Sectors Allocation Comparison

Sectors
L100.L
IHYG.L

Financial Services

24.5%
100.0%

Consumer Defensive

13.9%

-

Industrials

13.7%

-

Healthcare

13.6%

-

Energy

11.7%

-

Basic Materials

8.5%

-

Utilities

5.3%

-

Consumer Cyclical

4.7%

-

Communication Services

2.6%

-

Real Estate

0.9%

-

Technology

0.8%

-

Financial Services

L100.L
24.5%
IHYG.L
100.0%

Consumer Defensive

L100.L
13.9%
IHYG.L

-

Industrials

L100.L
13.7%
IHYG.L

-

Healthcare

L100.L
13.6%
IHYG.L

-

Energy

L100.L
11.7%
IHYG.L

-

Basic Materials

L100.L
8.5%
IHYG.L

-

Utilities

L100.L
5.3%
IHYG.L

-

Consumer Cyclical

L100.L
4.7%
IHYG.L

-

Communication Services

L100.L
2.6%
IHYG.L

-

Real Estate

L100.L
0.9%
IHYG.L

-

Technology

L100.L
0.8%
IHYG.L

-

Compare stocks, funds, or ETFs

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

Lyxor FTSE 100 UCITS ETF - Acc

iShares € High Yield Corp Bond UCITS ETF EUR (Dist)

Often compared with L100.L:
L100.L vs. S250.LL100.L vs. SPYL100.L vs. VUKE.DEL100.L vs. HUKX.LL100.L vs. MIVO.LL100.L vs. LCPE.LL100.L vs. ANXU.L
Often compared with IHYG.L:
IHYG.L vs. IEAC.ASIHYG.L vs. XAT1.DEIHYG.L vs. XHYA.DEIHYG.L vs. GLDIHYG.L vs. SDHA.LIHYG.L vs. YIEL.LIHYG.L vs. XHYG.L

Return for Risk

L100.L vs. IHYG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
L100.L
L100.L Risk / Return Rank: 5555
Overall Rank
L100.L Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
L100.L Sortino Ratio Rank: 5858
Sortino Ratio Rank
L100.L Omega Ratio Rank: 6161
Omega Ratio Rank
L100.L Calmar Ratio Rank: 4949
Calmar Ratio Rank
L100.L Martin Ratio Rank: 5050
Martin Ratio Rank
IHYG.L
IHYG.L Risk / Return Rank: 2727
Overall Rank
IHYG.L Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
IHYG.L Sortino Ratio Rank: 2727
Sortino Ratio Rank
IHYG.L Omega Ratio Rank: 2626
Omega Ratio Rank
IHYG.L Calmar Ratio Rank: 2525
Calmar Ratio Rank
IHYG.L Martin Ratio Rank: 3232
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.

L100.L vs. IHYG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor FTSE 100 UCITS ETF - Acc (L100.L) and iShares € High Yield Corp Bond UCITS ETF EUR (Dist) (IHYG.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.

L100.LIHYG.LDifference
Sharpe ratioReturn per unit of total volatility
1.95
1.17

+0.79

Sortino ratioReturn per unit of downside risk
2.72
1.74

+0.98

Omega ratioGain probability vs. loss probability

1.37

1.21

+0.16

Calmar ratioReturn relative to maximum drawdown

2.37

1.63

+0.74

Martin ratioReturn relative to average drawdown

8.20

5.19

+3.01

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

L100.L vs. IHYG.L - Sharpe Ratio Comparison

The current L100.L Sharpe Ratio is 1.95, which is higher than the IHYG.L Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of L100.L and IHYG.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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Sharpe Ratios by Period

L100.LIHYG.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.95

1.17

+0.79

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.92

0.40

+0.52

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.47

+0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.47

-0.13

Drawdowns

L100.L vs. IHYG.L - Drawdown Comparison

The maximum L100.L drawdown since its inception was -44.41%, which is greater than IHYG.L's maximum drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for L100.L and IHYG.L.

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Drawdown Indicators

L100.LIHYG.LDifference

Max Drawdown

Largest peak-to-trough decline

-44.41%

-21.97%

-22.44%

Max Drawdown (1Y)

Largest decline over 1 year

-9.00%

-3.62%

-5.38%

Max Drawdown (3Y)

Largest decline over 3 years

-13.01%

-3.62%

-9.39%

Max Drawdown (5Y)

Largest decline over 5 years

-13.01%

-15.36%

+2.35%

Max Drawdown (10Y)

Largest decline over 10 years

-34.64%

-21.97%

-12.67%

Current Drawdown

Current decline from peak

-3.85%

-0.71%

-3.14%

Average Drawdown

Average peak-to-trough decline

-6.78%

-4.62%

-2.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.61%

1.14%

+1.47%

Volatility

L100.L vs. IHYG.L - Volatility Comparison

Lyxor FTSE 100 UCITS ETF - Acc (L100.L) has a higher volatility of 3.93% compared to iShares € High Yield Corp Bond UCITS ETF EUR (Dist) (IHYG.L) at 1.56%. This indicates that L100.L's price experiences larger fluctuations and is considered to be riskier than IHYG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

L100.LIHYG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.93%

1.56%

+2.37%

Volatility (6M)

Calculated over the trailing 6-month period

9.53%

3.94%

+5.59%

Volatility (1Y)

Calculated over the trailing 1-year period

10.94%

5.08%

+5.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.82%

7.12%

+5.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.12%

8.71%

+6.41%

L100.L vs. IHYG.L - Expense Ratio Comparison

L100.L has a 0.14% expense ratio, which is lower than IHYG.L's 0.50% expense ratio.

Dividends

L100.L vs. IHYG.L - Dividend Comparison

L100.L has not paid dividends to shareholders, while IHYG.L's dividend yield for the trailing twelve months is around 5.17%.

PositionTTM20252024202320222021202020192018201720162015
IHYG.L
iShares € High Yield Corp Bond UCITS ETF EUR (Dist)		5.17%5.44%6.10%5.41%3.70%3.07%3.67%3.76%3.68%3.77%4.03%4.59%
L100.L
Lyxor FTSE 100 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

L100.L and IHYG.L have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, L100.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

L100.L is cheaper with a 0.14% expense ratio, compared with 0.50% for IHYG.L.

L100.L is categorized as Europe Equities, while IHYG.L is European High Yield Bonds. L100.L tracks FTSE AllSh TR GBP, while IHYG.L tracks Markit iBoxx Euro Liquid High Yield Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.14% for L100.L and 0.50% for IHYG.L.

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