LCRP.L vs. XYLD.L

Last updated Jun 5, 2026

LCRP.L (SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF) and XYLD.L (Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D) are both Corporate Bonds funds tracking the Bloomberg US Corp Bond TR USD, from State Street and Xtrackers respectively. Both are passively managed. Over the past 5 years, LCRP.L returned -0.92%/yr vs 2.97%/yr for XYLD.L. A 0.59 correlation means they provide meaningful diversification when combined. LCRP.L charges 0.12%/yr vs 0.16%/yr for XYLD.L.

Performance

LCRP.L vs. XYLD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) and Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D (XYLD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LCRP.L is traded in GBP, while XYLD.L is traded in USD. To make them comparable, the XYLD.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

LCRP.L

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: -1.82%
• 1Y: 6.35%
• 3Y*: 1.41%
• 5Y*: -0.92%
• 10Y*: 1.61%

XYLD.L

• 1D: 0.13%
• 1M: 1.16%
• YTD: 1.12%
• 6M: 0.44%
• 1Y: 5.17%
• 3Y*: 2.55%
• 5Y*: 2.97%
• 10Y*: —

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

LCRP.L vs. XYLD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LCRP.L SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF	0.00%	-1.12%	0.56%	4.59%	-16.57%	-0.11%	10.05%	16.19%	3.53%
XYLD.L Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D	1.12%	-1.37%	6.73%	0.47%	2.15%	1.31%	7.05%	12.73%	7.59%

Correlation

The correlation between LCRP.L and XYLD.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Mar 15, 2018	0.59

Over the past year, the correlation between LCRP.L and XYLD.L has dropped to 0.27 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

Return for Risk

LCRP.L vs. XYLD.L — Risk / Return Rank

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

LCRP.L

LCRP.L Risk / Return Rank: 31
LCRP.L Sharpe Ratio Rank: 32
LCRP.L Sortino Ratio Rank: 32
LCRP.L Omega Ratio Rank: 41
LCRP.L Calmar Ratio Rank: 30
LCRP.L Martin Ratio Rank: 19

XYLD.L

XYLD.L Risk / Return Rank: 71
XYLD.L Sharpe Ratio Rank: 63
XYLD.L Sortino Ratio Rank: 72
XYLD.L Omega Ratio Rank: 64
XYLD.L Calmar Ratio Rank: 78
XYLD.L Martin Ratio Rank: 78

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.

LCRP.L vs. XYLD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) and Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D (XYLD.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.

	LCRP.L	XYLD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.14	0.81	+0.33
Sortino ratio: Return per unit of downside risk	1.68	1.19	+0.49
Omega ratio: Gain probability vs. loss probability	1.26	1.14	+0.12
Calmar ratio: Return relative to maximum drawdown	1.44	1.02	+0.42
Martin ratio: Return relative to average drawdown	2.05	2.88	-0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCRP.L vs. XYLD.L - Sharpe Ratio Comparison

The current LCRP.L Sharpe Ratio is 1.14, which is higher than the XYLD.L Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of LCRP.L and XYLD.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.

Sharpe Ratios by Period

	LCRP.L	XYLD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	0.81	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	0.36	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.49	-0.28

Drawdowns

LCRP.L vs. XYLD.L - Drawdown Comparison

The maximum LCRP.L drawdown since its inception was -28.37%, which is greater than XYLD.L's maximum drawdown of -15.48%. Use the drawdown chart below to compare losses from any high point for LCRP.L and XYLD.L.

Drawdown Indicators

	LCRP.L	XYLD.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.37%	-15.48%	-12.89%
Max Drawdown (1Y) Largest decline over 1 year	-4.77%	-5.03%	+0.26%
Max Drawdown (3Y) Largest decline over 3 years	-11.82%	-8.74%	-3.08%
Max Drawdown (5Y) Largest decline over 5 years	-26.17%	-15.48%	-10.69%
Max Drawdown (10Y) Largest decline over 10 years	-28.37%	—	—
Current Drawdown Current decline from peak	-18.73%	-4.15%	-14.58%
Average Drawdown Average peak-to-trough decline	-12.80%	-5.22%	-7.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.37%	1.79%	+1.58%

Volatility

LCRP.L vs. XYLD.L - Volatility Comparison

The current volatility for SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) is 0.00%, while Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D (XYLD.L) has a volatility of 1.51%. This indicates that LCRP.L experiences smaller price fluctuations and is considered to be less risky than XYLD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCRP.L	XYLD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	1.51%	-1.51%
Volatility (6M) Calculated over the trailing 6-month period	2.04%	4.86%	-2.82%
Volatility (1Y) Calculated over the trailing 1-year period	6.08%	6.35%	-0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.04%	8.28%	+3.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.86%	9.30%	+3.56%

LCRP.L vs. XYLD.L - Expense Ratio Comparison

LCRP.L has a 0.12% expense ratio, which is lower than XYLD.L's 0.16% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LCRP.L vs. XYLD.L - Dividend Comparison

LCRP.L's dividend yield for the trailing twelve months is around 2.75%, less than XYLD.L's 3.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
LCRP.L SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF	2.75%	5.64%	5.14%	4.64%	4.37%	3.29%	3.49%	0.00%
XYLD.L Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D	3.76%	3.61%	3.34%	2.88%	6.03%	3.88%	3.78%	2.92%

Frequently Asked Questions

Can I hold both LCRP.L and XYLD.L in my portfolio?

LCRP.L and XYLD.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LCRP.L or XYLD.L?

On fees, LCRP.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LCRP.L or XYLD.L?

LCRP.L is cheaper with a 0.12% expense ratio, compared with 0.16% for XYLD.L.

What is the main difference between LCRP.L and XYLD.L?

Both ETFs track Bloomberg US Corp Bond TR USD. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.12% for LCRP.L and 0.16% for XYLD.L.