LCUK.DE vs. XESP.DE
LCUK.DE (Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist) and XESP.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds - LCUK.DE tracks the FTSE AllSh TR GBP while XESP.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 5 years, LCUK.DE returned 10.83%/yr vs 20.27%/yr for XESP.DE. A 0.71 correlation means they provide meaningful diversification when combined. LCUK.DE charges 0.04%/yr vs 0.30%/yr for XESP.DE.
Performance
LCUK.DE vs. XESP.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LCUK.DE achieves a 8.57% return, which is significantly lower than XESP.DE's 14.35% return.
LCUK.DE
- 1D
- -0.23%
- 1M
- 0.76%
- YTD
- 8.57%
- 6M
- 9.19%
- 1Y
- 21.45%
- 3Y*
- 15.86%
- 5Y*
- 10.83%
- 10Y*
- —
XESP.DE
- 1D
- -0.45%
- 1M
- 6.12%
- YTD
- 14.35%
- 6M
- 15.38%
- 1Y
- 47.18%
- 3Y*
- 31.64%
- 5Y*
- 20.27%
- 10Y*
- 13.68%
LCUK.DE vs. XESP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LCUK.DE Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist | 8.57% | 19.81% | 13.69% | 9.65% | -4.25% | 25.69% | -15.90% | 26.79% | 5.50% |
XESP.DE Xtrackers Spanish Equity UCITS ETF | 14.35% | 58.64% | 14.63% | 26.81% | -1.62% | 10.85% | -10.20% | 15.89% | -11.74% |
Correlation
The correlation between LCUK.DE and XESP.DE is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2018 | 0.71 |
The correlation between LCUK.DE and XESP.DE has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.
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
LCUK.DE vs. XESP.DE — Risk / Return Rank
LCUK.DE
XESP.DE
LCUK.DE vs. XESP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.DE) and Xtrackers Spanish Equity UCITS ETF (XESP.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.
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.
| LCUK.DE | XESP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.49 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | 4.62 | -2.04 |
| Martin ratioReturn relative to average drawdown | 9.21 | 16.41 | -7.19 |
Loading charts...
Drawdowns
LCUK.DE vs. XESP.DE - Drawdown Comparison
The maximum LCUK.DE drawdown since its inception was -41.09%, roughly equal to the maximum XESP.DE drawdown of -40.70%. Use the drawdown chart below to compare losses from any high point for LCUK.DE and XESP.DE.
Loading charts...
Drawdown Indicators
| LCUK.DE | XESP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.09% | -40.70% | -0.39% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -10.17% | +1.89% |
Max Drawdown (3Y)Largest decline over 3 years | -16.66% | -12.92% | -3.74% |
Max Drawdown (5Y)Largest decline over 5 years | -16.66% | -18.56% | +1.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.03% | — |
Current DrawdownCurrent decline from peak | -0.92% | -0.54% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -10.06% | +4.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 2.87% | -0.55% |
Volatility
LCUK.DE vs. XESP.DE - Volatility Comparison
The current volatility for Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.DE) is 3.11%, while Xtrackers Spanish Equity UCITS ETF (XESP.DE) has a volatility of 4.24%. This indicates that LCUK.DE experiences smaller price fluctuations and is considered to be less risky than XESP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LCUK.DE | XESP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 4.24% | -1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 10.40% | 14.45% | -4.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.45% | 16.90% | -4.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.13% | 16.73% | -2.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.37% | 18.43% | +1.94% |
LCUK.DE vs. XESP.DE - Expense Ratio Comparison
LCUK.DE has a 0.04% expense ratio, which is lower than XESP.DE's 0.30% expense ratio.
Dividends
LCUK.DE vs. XESP.DE - Dividend Comparison
LCUK.DE's dividend yield for the trailing twelve months is around 2.79%, while XESP.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LCUK.DE Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist | 2.79% | 3.03% | 3.73% | 3.09% | 4.08% | 3.76% | 2.95% | 3.36% |
XESP.DE Xtrackers Spanish Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LCUK.DE and XESP.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LCUK.DE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LCUK.DE is cheaper with a 0.04% expense ratio, compared with 0.30% for XESP.DE.
LCUK.DE tracks FTSE AllSh TR GBP, while XESP.DE tracks Solactive Spain 40. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.04% for LCUK.DE and 0.30% for XESP.DE.
Find the right allocation for LCUK.DE and XESP.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