LDAG.L vs. XMID.L

Last updated Jun 5, 2026

LDAG.L (L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF) and XMID.L (Xtrackers MSCI Indonesia Swap UCITS ETF 1C) are both Asia Pacific Equities funds - LDAG.L tracks the MSCI AC Asia Pac Ex JPN NR USD while XMID.L tracks the MSCI Indonesia NR IDR. Both are passively managed. Over the past 5 years, LDAG.L returned 9.96%/yr vs -9.05%/yr for XMID.L. At a 0.32 correlation, their price movements are largely independent. LDAG.L charges 0.40%/yr vs 0.65%/yr for XMID.L.

Performance

LDAG.L vs. XMID.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 Xtrackers MSCI Indonesia Swap UCITS ETF 1C (XMID.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDAG.L achieves a 15.96% return, which is significantly higher than XMID.L's -39.40% 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*: —

XMID.L

• 1D: -2.16%
• 1M: -19.45%
• YTD: -39.40%
• 6M: -40.46%
• 1Y: -39.69%
• 3Y*: -23.13%
• 5Y*: -9.05%
• 10Y*: -3.59%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021
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%
XMID.L Xtrackers MSCI Indonesia Swap UCITS ETF 1C	-39.40%	-8.44%	-12.66%	-0.27%	14.84%	13.41%

Correlation

The correlation between LDAG.L and XMID.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Apr 16, 2021	0.32

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

Sectors	LDAG.L	XMID.L
Financial Services	34.9%	51.0%
Industrials	12.3%	8.3%
Utilities	11.6%	2.4%
Consumer Cyclical	11.1%	-
Consumer Defensive	7.1%	3.7%
Technology	6.5%	3.3%
Basic Materials	5.8%	17.2%
Communication Services	4.3%	9.5%
Energy	3.7%	4.6%
Healthcare	2.8%	-
Real Estate	0.3%	-

Return for Risk

LDAG.L vs. XMID.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: 77
LDAG.L Sharpe Ratio Rank: 84
LDAG.L Sortino Ratio Rank: 81
LDAG.L Omega Ratio Rank: 80
LDAG.L Calmar Ratio Rank: 77
LDAG.L Martin Ratio Rank: 61

XMID.L

XMID.L Risk / Return Rank: 0
XMID.L Sharpe Ratio Rank: 0
XMID.L Sortino Ratio Rank: 0
XMID.L Omega Ratio Rank: 0
XMID.L Calmar Ratio Rank: 1
XMID.L Martin Ratio Rank: 0

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. XMID.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 Xtrackers MSCI Indonesia Swap UCITS ETF 1C (XMID.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.L	XMID.L	Difference
Sharpe ratio: Return per unit of total volatility	2.72	-1.59	+4.31
Sortino ratio: Return per unit of downside risk	3.57	-2.39	+5.97
Omega ratio: Gain probability vs. loss probability	1.47	0.71	+0.76
Calmar ratio: Return relative to maximum drawdown	3.87	-0.92	+4.79
Martin ratio: Return relative to average drawdown	10.60	-2.56	+13.17
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. XMID.L - Sharpe Ratio Comparison

The current LDAG.L Sharpe Ratio is 2.72, which is higher than the XMID.L Sharpe Ratio of -1.59. The chart below compares the historical Sharpe Ratios of LDAG.L and XMID.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

	LDAG.L	XMID.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.72	-1.59	+4.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	-0.45	+1.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	-0.12	+0.88

Drawdowns

LDAG.L vs. XMID.L - Drawdown Comparison

The maximum LDAG.L drawdown since its inception was -14.68%, smaller than the maximum XMID.L drawdown of -58.27%. Use the drawdown chart below to compare losses from any high point for LDAG.L and XMID.L.

Drawdown Indicators

	LDAG.L	XMID.L	Difference
Max Drawdown Largest peak-to-trough decline	-14.68%	-58.27%	+43.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.58%	-42.58%	+33.00%
Max Drawdown (3Y) Largest decline over 3 years	-14.68%	-53.97%	+39.29%
Max Drawdown (5Y) Largest decline over 5 years	-14.68%	-58.27%	+43.59%
Max Drawdown (10Y) Largest decline over 10 years	—	-58.27%	—
Current Drawdown Current decline from peak	-3.00%	-58.27%	+55.27%
Average Drawdown Average peak-to-trough decline	-4.33%	-17.97%	+13.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	15.24%	-11.73%

Volatility

LDAG.L vs. XMID.L - Volatility Comparison

The current volatility for L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LDAG.L) is 4.72%, while Xtrackers MSCI Indonesia Swap UCITS ETF 1C (XMID.L) has a volatility of 6.26%. This indicates that LDAG.L experiences smaller price fluctuations and is considered to be less risky than XMID.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDAG.L	XMID.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	6.26%	-1.54%
Volatility (6M) Calculated over the trailing 6-month period	10.47%	19.74%	-9.27%
Volatility (1Y) Calculated over the trailing 1-year period	13.75%	24.49%	-10.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	20.06%	-7.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.90%	23.32%	-10.42%

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

LDAG.L has a 0.40% expense ratio, which is lower than XMID.L's 0.65% expense ratio.

Dividends

LDAG.L vs. XMID.L - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021
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%
XMID.L Xtrackers MSCI Indonesia Swap UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LDAG.L and XMID.L in my portfolio?

LDAG.L and XMID.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LDAG.L or XMID.L?

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.

Which ETF is cheaper, LDAG.L or XMID.L?

LDAG.L is cheaper with a 0.40% expense ratio, compared with 0.65% for XMID.L.

What is the main difference between LDAG.L and XMID.L?

LDAG.L tracks MSCI AC Asia Pac Ex JPN NR USD, while XMID.L tracks MSCI Indonesia NR IDR. They also come from different issuers: Legal & General and DWS. Their fees differ too: 0.40% for LDAG.L and 0.65% for XMID.L.