LCPE.L vs. 0Y8Z.L
LCPE.L (Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS) and 0Y8Z.L (iShares Core MSCI EMU UCITS ETF EUR (Dist)) are both Europe Equities funds - LCPE.L tracks the MSCI Europe NR EUR while 0Y8Z.L tracks the MSCI EMU Net Index (EUR). Both are passively managed. Over the past 3 years, LCPE.L returned 11.41%/yr vs 16.21%/yr for 0Y8Z.L. At a 0.32 correlation, their price movements are largely independent. LCPE.L charges 0.65%/yr vs 0.12%/yr for 0Y8Z.L.
Performance
LCPE.L vs. 0Y8Z.L - Performance Comparison
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Different Trading Currencies
LCPE.L is traded in GBp, while 0Y8Z.L is traded in EUR. To make them comparable, the 0Y8Z.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, LCPE.L achieves a 13.82% return, which is significantly higher than 0Y8Z.L's 9.29% return.
LCPE.L
- 1D
- 0.73%
- 1M
- -0.20%
- 6M
- 11.90%
- YTD
- 13.82%
- 1Y
- 26.95%
- 3Y*
- 11.41%
- 5Y*
- 8.79%
- 10Y*
- 9.02%
0Y8Z.L
- 1D
- 0.00%
- 1M
- -1.09%
- 6M
- 5.79%
- YTD
- 9.29%
- 1Y
- 18.88%
- 3Y*
- 16.21%
- 5Y*
- —
- 10Y*
- —
LCPE.L vs. 0Y8Z.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LCPE.L Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS | 13.82% | 18.27% | -2.33% | 10.46% | 2.12% |
0Y8Z.L iShares Core MSCI EMU UCITS ETF EUR (Dist) | 9.29% | 31.33% | 3.89% | 13.11% | 5.48% |
Correlation
The correlation between LCPE.L and 0Y8Z.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2022 | 0.32 |
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Return for Risk
LCPE.L vs. 0Y8Z.L — Risk / Return Rank
LCPE.L
0Y8Z.L
LCPE.L vs. 0Y8Z.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS (LCPE.L) and iShares Core MSCI EMU UCITS ETF EUR (Dist) (0Y8Z.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.
| LCPE.L | 0Y8Z.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.24 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 1.82 | +2.05 |
| Martin ratioReturn relative to average drawdown | 11.93 | 6.49 | +5.44 |
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Drawdowns
LCPE.L vs. 0Y8Z.L - Drawdown Comparison
The maximum LCPE.L drawdown since its inception was -27.75%, which is greater than 0Y8Z.L's maximum drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for LCPE.L and 0Y8Z.L.
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Drawdown Indicators
| LCPE.L | 0Y8Z.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.75% | -13.04% | -14.71% |
Max Drawdown (1Y)Largest decline over 1 year | -6.66% | -10.87% | +4.21% |
Max Drawdown (3Y)Largest decline over 3 years | -12.39% | -13.04% | +0.65% |
Max Drawdown (5Y)Largest decline over 5 years | -12.39% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.75% | — | — |
Current DrawdownCurrent decline from peak | -3.03% | -2.67% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -3.94% | -2.66% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 3.02% | -0.86% |
Volatility
LCPE.L vs. 0Y8Z.L - Volatility Comparison
The current volatility for Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS (LCPE.L) is 3.73%, while iShares Core MSCI EMU UCITS ETF EUR (Dist) (0Y8Z.L) has a volatility of 3.94%. This indicates that LCPE.L experiences smaller price fluctuations and is considered to be less risky than 0Y8Z.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LCPE.L | 0Y8Z.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.73% | 3.94% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 8.72% | 13.50% | -4.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.35% | 15.74% | -4.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.91% | 19.09% | -6.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.18% | 19.09% | -4.91% |
LCPE.L vs. 0Y8Z.L - Expense Ratio Comparison
LCPE.L has a 0.65% expense ratio, which is higher than 0Y8Z.L's 0.12% expense ratio.
Dividends
LCPE.L vs. 0Y8Z.L - Dividend Comparison
LCPE.L has not paid dividends to shareholders, while 0Y8Z.L's dividend yield for the trailing twelve months is around 2.32%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
0Y8Z.L iShares Core MSCI EMU UCITS ETF EUR (Dist) | 2.32% | 2.53% | 2.41% |
LCPE.L Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LCPE.L and 0Y8Z.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 0Y8Z.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
0Y8Z.L is cheaper with a 0.12% expense ratio, compared with 0.65% for LCPE.L.
LCPE.L tracks MSCI Europe NR EUR, while 0Y8Z.L tracks MSCI EMU Net Index (EUR). They also come from different issuers: Natixis and iShares. Their fees differ too: 0.65% for LCPE.L and 0.12% for 0Y8Z.L.
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