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LDAG.L vs. SAUS.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LDAG.L vs. SAUS.L

Last updated Jun 5, 2026

LDAG.L (L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF) and SAUS.L (iShares MSCI Australia UCITS ETF) are both Asia Pacific Equities funds - LDAG.L tracks the MSCI AC Asia Pac Ex JPN NR USD while SAUS.L tracks the MSCI Australia NR USD. Both are passively managed. Over the past 5 years, LDAG.L returned 9.96%/yr vs 6.61%/yr for SAUS.L. A 0.71 correlation means they provide meaningful diversification when combined. LDAG.L charges 0.40%/yr vs 0.50%/yr for SAUS.L.

Performance

LDAG.L vs. SAUS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LDAG.L) and iShares MSCI Australia UCITS ETF (SAUS.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, LDAG.L achieves a 15.96% return, which is significantly higher than SAUS.L's 10.24% return.

LDAG.L

1D
-1.55%
1M
-0.93%
YTD
15.96%
6M
14.69%
1Y
36.09%
3Y*
17.83%
5Y*
9.96%
10Y*
—

SAUS.L

1D
-0.76%
1M
-2.38%
YTD
10.24%
6M
11.26%
1Y
14.59%
3Y*
9.70%
5Y*
6.61%
10Y*
9.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

LDAG.L vs. SAUS.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021
LDAG.L
L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF		15.96%26.41%5.50%3.28%1.73%-0.75%
SAUS.L
iShares MSCI Australia UCITS ETF		10.24%6.23%3.26%7.65%5.74%1.80%

Correlation

The correlation between LDAG.L and SAUS.L 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

0.70

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

0.71

Correlation (All Time)
Calculated using the full available price history since Apr 16, 2021

0.71

The correlation between LDAG.L and SAUS.L has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.

LDAG.L vs. SAUS.L - Sectors Allocation Comparison

Sectors
LDAG.L
SAUS.L

Financial Services

34.9%
42.0%

Industrials

12.3%
4.2%

Utilities

11.6%
1.6%

Consumer Cyclical

11.1%
6.4%

Consumer Defensive

7.1%
3.6%

Technology

6.5%
1.0%

Basic Materials

5.8%
25.6%

Communication Services

4.3%
1.9%

Energy

3.7%
4.2%

Healthcare

2.8%
4.3%

Real Estate

0.3%
5.2%

Financial Services

LDAG.L
34.9%
SAUS.L
42.0%

Industrials

LDAG.L
12.3%
SAUS.L
4.2%

Utilities

LDAG.L
11.6%
SAUS.L
1.6%

Consumer Cyclical

LDAG.L
11.1%
SAUS.L
6.4%

Consumer Defensive

LDAG.L
7.1%
SAUS.L
3.6%

Technology

LDAG.L
6.5%
SAUS.L
1.0%

Basic Materials

LDAG.L
5.8%
SAUS.L
25.6%

Communication Services

LDAG.L
4.3%
SAUS.L
1.9%

Energy

LDAG.L
3.7%
SAUS.L
4.2%

Healthcare

LDAG.L
2.8%
SAUS.L
4.3%

Real Estate

LDAG.L
0.3%
SAUS.L
5.2%

Compare stocks, funds, or ETFs

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L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF

iShares MSCI Australia UCITS ETF

Often compared with LDAG.L:
LDAG.L vs. VAPX.LLDAG.L vs. XKS2.LLDAG.L vs. AIAI.LLDAG.L vs. GLGG.LLDAG.L vs. SPYGLDAG.L vs. APEX.LLDAG.L vs. CP9U.L
Often compared with SAUS.L:
SAUS.L vs. EWASAUS.L vs. CSPX.LSAUS.L vs. SPYSAUS.L vs. LAUU.LSAUS.L vs. CP9G.LSAUS.L vs. XKS2.LSAUS.L vs. CNDX.L

Return for Risk

LDAG.L vs. SAUS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LDAG.L
LDAG.L Risk / Return Rank: 7777
Overall Rank
LDAG.L Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
LDAG.L Sortino Ratio Rank: 8181
Sortino Ratio Rank
LDAG.L Omega Ratio Rank: 8080
Omega Ratio Rank
LDAG.L Calmar Ratio Rank: 7777
Calmar Ratio Rank
LDAG.L Martin Ratio Rank: 6161
Martin Ratio Rank
SAUS.L
SAUS.L Risk / Return Rank: 3434
Overall Rank
SAUS.L Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
SAUS.L Sortino Ratio Rank: 3535
Sortino Ratio Rank
SAUS.L Omega Ratio Rank: 3232
Omega Ratio Rank
SAUS.L Calmar Ratio Rank: 3737
Calmar Ratio Rank
SAUS.L Martin Ratio Rank: 3232
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.

LDAG.L vs. SAUS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LDAG.L) and iShares MSCI Australia UCITS ETF (SAUS.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.

LDAG.LSAUS.LDifference
Sharpe ratioReturn per unit of total volatility
2.72
1.18

+1.54

Sortino ratioReturn per unit of downside risk
3.57
1.80

+1.77

Omega ratioGain probability vs. loss probability

1.47

1.21

+0.26

Calmar ratioReturn relative to maximum drawdown

3.87

1.76

+2.11

Martin ratioReturn relative to average drawdown

10.60

4.76

+5.85

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

LDAG.L vs. SAUS.L - Sharpe Ratio Comparison

The current LDAG.L Sharpe Ratio is 2.72, which is higher than the SAUS.L Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of LDAG.L and SAUS.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

LDAG.LSAUS.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.72

1.18

+1.54

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

0.42

+0.35

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.50

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.76

0.39

+0.37

Drawdowns

LDAG.L vs. SAUS.L - Drawdown Comparison

The maximum LDAG.L drawdown since its inception was -14.68%, smaller than the maximum SAUS.L drawdown of -38.14%. Use the drawdown chart below to compare losses from any high point for LDAG.L and SAUS.L.

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Drawdown Indicators

LDAG.LSAUS.LDifference

Max Drawdown

Largest peak-to-trough decline

-14.68%

-38.14%

+23.46%

Max Drawdown (1Y)

Largest decline over 1 year

-9.58%

-8.49%

-1.09%

Max Drawdown (3Y)

Largest decline over 3 years

-14.68%

-21.11%

+6.43%

Max Drawdown (5Y)

Largest decline over 5 years

-14.68%

-21.11%

+6.43%

Max Drawdown (10Y)

Largest decline over 10 years

—

-38.14%

—

Current Drawdown

Current decline from peak

-3.00%

-3.58%

+0.58%

Average Drawdown

Average peak-to-trough decline

-4.33%

-7.77%

+3.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.51%

3.16%

+0.35%

Volatility

LDAG.L vs. SAUS.L - Volatility Comparison

L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LDAG.L) has a higher volatility of 4.72% compared to iShares MSCI Australia UCITS ETF (SAUS.L) at 4.46%. This indicates that LDAG.L's price experiences larger fluctuations and is considered to be riskier than SAUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

LDAG.LSAUS.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.72%

4.46%

+0.26%

Volatility (6M)

Calculated over the trailing 6-month period

10.47%

10.14%

+0.33%

Volatility (1Y)

Calculated over the trailing 1-year period

13.75%

12.72%

+1.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.90%

15.80%

-2.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.90%

19.11%

-6.21%

LDAG.L vs. SAUS.L - Expense Ratio Comparison

LDAG.L has a 0.40% expense ratio, which is lower than SAUS.L's 0.50% expense ratio.

Dividends

LDAG.L vs. SAUS.L - Dividend Comparison

LDAG.L's dividend yield for the trailing twelve months is around 3.78%, while SAUS.L has not paid dividends to shareholders.

PositionTTM20252024202320222021
LDAG.L
L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF		3.78%4.23%4.75%5.40%4.80%2.19%
SAUS.L
iShares MSCI Australia UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

LDAG.L and SAUS.L 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, LDAG.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

LDAG.L is cheaper with a 0.40% expense ratio, compared with 0.50% for SAUS.L.

LDAG.L tracks MSCI AC Asia Pac Ex JPN NR USD, while SAUS.L tracks MSCI Australia NR USD. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.40% for LDAG.L and 0.50% for SAUS.L.

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