LCPE.L vs. HDEU.L

Last updated Apr 2, 2026

Compare and contrast key facts about Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS (LCPE.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L).

LCPE.L and HDEU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LCPE.L is a passively managed fund by Natixis that tracks the performance of the MSCI Europe NR EUR. It was launched on Dec 30, 2014. HDEU.L is a passively managed fund by Invesco that tracks the performance of the MSCI EMU NR EUR. It was launched on Jan 6, 2016. Both LCPE.L and HDEU.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

LCPE.L vs. HDEU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS (LCPE.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L). The values are adjusted to include any dividend payments, if applicable.

LCPE.L vs. HDEU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LCPE.L Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS	8.92%	18.88%	-2.83%	10.70%	0.29%	16.28%	8.38%	12.94%	-2.26%	9.54%
HDEU.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	7.51%	43.14%	5.17%	11.31%	-3.49%	13.90%	-13.33%	10.68%	-7.27%	14.71%

Different Trading Currencies

LCPE.L is traded in GBp, while HDEU.L is traded in EUR. To make them comparable, the HDEU.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 8.92% return, which is significantly higher than HDEU.L's 7.51% return. Both investments have delivered pretty close results over the past 10 years, with LCPE.L having a 9.68% annualized return and HDEU.L not far behind at 9.22%.

LCPE.L

• 1D: -0.57%
• 1M: -1.17%
• YTD: 8.92%
• 6M: 15.49%
• 1Y: 23.45%
• 3Y*: 10.24%
• 5Y*: 9.22%
• 10Y*: 9.68%

HDEU.L

• 1D: 1.81%
• 1M: -0.50%
• YTD: 7.51%
• 6M: 13.18%
• 1Y: 31.54%
• 3Y*: 19.81%
• 5Y*: 13.45%
• 10Y*: 9.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LCPE.L vs. HDEU.L - Expense Ratio Comparison

LCPE.L has a 0.65% expense ratio, which is higher than HDEU.L's 0.30% expense ratio.

LCPE.L

Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS

HDEU.L

PowerShares EURO STOXX High Dividend Low Volatility UCITS

Return for Risk

LCPE.L vs. HDEU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LCPE.L

LCPE.L Risk / Return Rank: 80
LCPE.L Sharpe Ratio Rank: 86
LCPE.L Sortino Ratio Rank: 85
LCPE.L Omega Ratio Rank: 86
LCPE.L Calmar Ratio Rank: 69
LCPE.L Martin Ratio Rank: 74

HDEU.L

HDEU.L Risk / Return Rank: 87
HDEU.L Sharpe Ratio Rank: 88
HDEU.L Sortino Ratio Rank: 85
HDEU.L Omega Ratio Rank: 90
HDEU.L Calmar Ratio Rank: 85
HDEU.L Martin Ratio Rank: 88

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.

LCPE.L vs. HDEU.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 PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.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.

	LCPE.L	HDEU.L	Difference
Sharpe ratio Return per unit of total volatility	1.86	2.34	-0.47
Sortino ratio Return per unit of downside risk	2.40	2.95	-0.55
Omega ratio Gain probability vs. loss probability	1.36	1.48	-0.12
Calmar ratio Return relative to maximum drawdown	2.00	3.78	-1.78
Martin ratio Return relative to average drawdown	8.53	14.41	-5.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCPE.L vs. HDEU.L - Sharpe Ratio Comparison

The current LCPE.L Sharpe Ratio is 1.86, which is comparable to the HDEU.L Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of LCPE.L and HDEU.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LCPE.L	HDEU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	2.34	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.96	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.15	0.57	+0.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	0.59	+0.36

Correlation

The correlation between LCPE.L and HDEU.L is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

LCPE.L vs. HDEU.L - Dividend Comparison

LCPE.L has not paid dividends to shareholders, while HDEU.L's dividend yield for the trailing twelve months is around 4.10%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
LCPE.L Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HDEU.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	4.10%	4.71%	5.77%	5.56%	5.60%	4.21%	3.04%	4.50%	4.38%	3.44%	3.59%

Drawdowns

LCPE.L vs. HDEU.L - Drawdown Comparison

The maximum LCPE.L drawdown since its inception was -27.05%, smaller than the maximum HDEU.L drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for LCPE.L and HDEU.L.

Drawdown Indicators

	LCPE.L	HDEU.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.05%	-40.22%	+13.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.37%	-10.85%	+2.48%
Max Drawdown (5Y) Largest decline over 5 years	-12.39%	-22.45%	+10.06%
Max Drawdown (10Y) Largest decline over 10 years	-27.05%	-40.22%	+13.17%
Current Drawdown Current decline from peak	-1.95%	-1.37%	-0.58%
Average Drawdown Average peak-to-trough decline	-3.61%	-5.80%	+2.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	2.18%	+0.19%

Volatility

LCPE.L vs. HDEU.L - Volatility Comparison

The current volatility for Ossiam Shiller Barclays Cape Europe Sector Value TR UCITS (LCPE.L) is 4.11%, while PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L) has a volatility of 4.59%. This indicates that LCPE.L experiences smaller price fluctuations and is considered to be less risky than HDEU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCPE.L	HDEU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	4.59%	-0.48%
Volatility (6M) Calculated over the trailing 6-month period	8.18%	8.28%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	13.12%	13.43%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.01%	13.96%	+4.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.83%	16.10%	+4.73%