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LCUK.L vs. CUKX.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LCUK.L vs. CUKX.L

Last updated Jun 5, 2026

LCUK.L (Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist) and CUKX.L (iShares FTSE 100 UCITS ETF) are both exchange-traded funds - LCUK.L is a Europe Equities fund tracking the FTSE AllSh TR GBP, while CUKX.L is a fund fund tracking the FTSE 100 Index. Both are passively managed. Over the past 5 years, LCUK.L returned 10.01%/yr vs 11.72%/yr for CUKX.L. With a 0.96 correlation, they move nearly in lockstep. LCUK.L charges 0.04%/yr vs 0.07%/yr for CUKX.L.

Performance

LCUK.L vs. CUKX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.L) and iShares FTSE 100 UCITS ETF (CUKX.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

LCUK.L is traded in GBP, while CUKX.L is traded in GBp. To make them comparable, the CUKX.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with LCUK.L having a 5.93% return and CUKX.L slightly lower at 5.86%.

LCUK.L

1D
0.54%
1M
1.88%
YTD
5.93%
6M
5.05%
1Y
16.53%
3Y*
13.40%
5Y*
10.01%
10Y*
—

CUKX.L

1D
0.28%
1M
1.51%
YTD
5.86%
6M
8.05%
1Y
21.53%
3Y*
14.63%
5Y*
11.72%
10Y*
9.06%
*Multi-year figures are annualized to reflect compound growth (CAGR)

LCUK.L vs. CUKX.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
LCUK.L
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist		5.93%21.01%9.05%7.25%2.15%18.06%-11.83%18.73%-0.85%
CUKX.L
iShares FTSE 100 UCITS ETF		5.86%25.78%9.30%7.72%4.97%17.48%-11.28%17.23%-0.11%

Correlation

The correlation between LCUK.L and CUKX.L is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.92

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

0.95

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

0.95

Correlation (All Time)
Calculated using the full available price history since Mar 23, 2018

0.96

The correlation between LCUK.L and CUKX.L has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.

LCUK.L vs. CUKX.L - Sectors Allocation Comparison

Sectors
LCUK.L
CUKX.L

Financial Services

24.2%
25.0%

Industrials

13.9%
13.7%

Consumer Defensive

13.7%
13.2%

Healthcare

13.2%
13.6%

Energy

11.1%
11.3%

Basic Materials

8.3%
8.9%

Consumer Cyclical

5.2%
5.0%

Utilities

5.1%
5.1%

Communication Services

3.0%
2.6%

Real Estate

1.4%
0.9%

Technology

0.9%
0.8%

Financial Services

LCUK.L
24.2%
CUKX.L
25.0%

Industrials

LCUK.L
13.9%
CUKX.L
13.7%

Consumer Defensive

LCUK.L
13.7%
CUKX.L
13.2%

Healthcare

LCUK.L
13.2%
CUKX.L
13.6%

Energy

LCUK.L
11.1%
CUKX.L
11.3%

Basic Materials

LCUK.L
8.3%
CUKX.L
8.9%

Consumer Cyclical

LCUK.L
5.2%
CUKX.L
5.0%

Utilities

LCUK.L
5.1%
CUKX.L
5.1%

Communication Services

LCUK.L
3.0%
CUKX.L
2.6%

Real Estate

LCUK.L
1.4%
CUKX.L
0.9%

Technology

LCUK.L
0.9%
CUKX.L
0.8%

Compare stocks, funds, or ETFs

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

Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist

iShares FTSE 100 UCITS ETF

Often compared with LCUK.L:
LCUK.L vs. LGUK.LLCUK.L vs. JURE.LLCUK.L vs. XASX.LLCUK.L vs. VUKG.LLCUK.L vs. SMGB.LLCUK.L vs. IITU.LLCUK.L vs. VUKE.L
Often compared with CUKX.L:
CUKX.L vs. VUKG.LCUKX.L vs. IUKD.LCUKX.L vs. FTAL.LCUKX.L vs. CSUK.LCUKX.L vs. VUKE.DECUKX.L vs. CPJ1.LCUKX.L vs. S100.L

Return for Risk

LCUK.L vs. CUKX.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LCUK.L
LCUK.L Risk / Return Rank: 3838
Overall Rank
LCUK.L Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
LCUK.L Sortino Ratio Rank: 3838
Sortino Ratio Rank
LCUK.L Omega Ratio Rank: 4040
Omega Ratio Rank
LCUK.L Calmar Ratio Rank: 3737
Calmar Ratio Rank
LCUK.L Martin Ratio Rank: 3838
Martin Ratio Rank
CUKX.L
CUKX.L Risk / Return Rank: 5656
Overall Rank
CUKX.L Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
CUKX.L Sortino Ratio Rank: 5959
Sortino Ratio Rank
CUKX.L Omega Ratio Rank: 6262
Omega Ratio Rank
CUKX.L Calmar Ratio Rank: 5050
Calmar Ratio Rank
CUKX.L Martin Ratio Rank: 5050
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.

LCUK.L vs. CUKX.L - 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.L) and iShares FTSE 100 UCITS ETF (CUKX.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.

LCUK.LCUKX.LDifference
Sharpe ratioReturn per unit of total volatility
1.38
1.97

-0.59

Sortino ratioReturn per unit of downside risk
1.92
2.76

-0.83

Omega ratioGain probability vs. loss probability

1.25

1.37

-0.12

Calmar ratioReturn relative to maximum drawdown

1.80

2.41

-0.61

Martin ratioReturn relative to average drawdown

5.79

8.21

-2.42

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

LCUK.L vs. CUKX.L - Sharpe Ratio Comparison

The current LCUK.L Sharpe Ratio is 1.38, which is comparable to the CUKX.L Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of LCUK.L and CUKX.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

LCUK.LCUKX.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.38

1.97

-0.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

0.92

-0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.60

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.53

-0.03

Drawdowns

LCUK.L vs. CUKX.L - Drawdown Comparison

The maximum LCUK.L drawdown since its inception was -35.54%, roughly equal to the maximum CUKX.L drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for LCUK.L and CUKX.L.

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Drawdown Indicators

LCUK.LCUKX.LDifference

Max Drawdown

Largest peak-to-trough decline

-35.54%

-34.50%

-1.04%

Max Drawdown (1Y)

Largest decline over 1 year

-9.13%

-8.89%

-0.24%

Max Drawdown (3Y)

Largest decline over 3 years

-12.65%

-12.88%

+0.23%

Max Drawdown (5Y)

Largest decline over 5 years

-12.65%

-12.88%

+0.23%

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.50%

—

Current Drawdown

Current decline from peak

-3.98%

-4.15%

+0.17%

Average Drawdown

Average peak-to-trough decline

-4.97%

-4.40%

-0.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.85%

2.62%

+0.23%

Volatility

LCUK.L vs. CUKX.L - Volatility Comparison

The current volatility for Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.L) is 3.76%, while iShares FTSE 100 UCITS ETF (CUKX.L) has a volatility of 4.08%. This indicates that LCUK.L experiences smaller price fluctuations and is considered to be less risky than CUKX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

LCUK.LCUKX.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.76%

4.08%

-0.32%

Volatility (6M)

Calculated over the trailing 6-month period

10.20%

9.48%

+0.72%

Volatility (1Y)

Calculated over the trailing 1-year period

11.92%

10.87%

+1.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.97%

12.71%

+0.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.69%

15.08%

+0.61%

LCUK.L vs. CUKX.L - Expense Ratio Comparison

LCUK.L has a 0.04% expense ratio, which is lower than CUKX.L's 0.07% 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

LCUK.L vs. CUKX.L - Dividend Comparison

Neither LCUK.L nor CUKX.L has paid dividends to shareholders.

PositionTTM2025202420232022202120202019
CUKX.L
iShares FTSE 100 UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LCUK.L
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist		0.00%0.00%3.68%3.05%3.94%3.86%3.00%3.48%

Frequently Asked Questions

With a correlation of 0.92, LCUK.L and CUKX.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

On fees, LCUK.L is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

LCUK.L is cheaper with a 0.04% expense ratio, compared with 0.07% for CUKX.L.

LCUK.L tracks FTSE AllSh TR GBP, while CUKX.L tracks FTSE 100 Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.04% for LCUK.L and 0.07% for CUKX.L.

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