LDAX.DE vs. LCUK.DE
LDAX.DE (Amundi Dax III UCITS ETF Dist) and LCUK.DE (Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist) are both Europe Equities funds from Amundi - LDAX.DE tracks the DAX® while LCUK.DE tracks the FTSE AllSh TR GBP. Both are passively managed. Over the past 5 years, LDAX.DE returned 9.29%/yr vs 11.61%/yr for LCUK.DE. A 0.71 correlation means they provide meaningful diversification when combined. LDAX.DE charges 0.15%/yr vs 0.04%/yr for LCUK.DE.
Performance
LDAX.DE vs. LCUK.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LDAX.DE achieves a 1.18% return, which is significantly lower than LCUK.DE's 11.03% return.
LDAX.DE
- 1D
- 0.00%
- 1M
- -0.09%
- 6M
- -1.89%
- YTD
- 1.18%
- 1Y
- 1.71%
- 3Y*
- 15.01%
- 5Y*
- 9.29%
- 10Y*
- —
LCUK.DE
- 1D
- 0.00%
- 1M
- 2.68%
- 6M
- 7.18%
- YTD
- 11.03%
- 1Y
- 22.77%
- 3Y*
- 16.60%
- 5Y*
- 11.61%
- 10Y*
- —
LDAX.DE vs. LCUK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LDAX.DE Amundi Dax III UCITS ETF Dist | 1.18% | 22.70% | 18.08% | 19.61% | -12.89% | 15.29% | 8.40% |
LCUK.DE Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist | 11.03% | 19.81% | 13.69% | 9.65% | -4.25% | 25.69% | 10.28% |
Correlation
The correlation between LDAX.DE and LCUK.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2020 | 0.71 |
The correlation between LDAX.DE and LCUK.DE has been stable across timeframes, ranging from 0.63 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
LDAX.DE vs. LCUK.DE — Risk / Return Rank
LDAX.DE
LCUK.DE
LDAX.DE vs. LCUK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Dax III UCITS ETF Dist (LDAX.DE) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.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.
| LDAX.DE | LCUK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.71 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.34 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | 2.74 | -2.60 |
| Martin ratioReturn relative to average drawdown | 0.44 | 9.77 | -9.33 |
Loading charts...
Drawdowns
LDAX.DE vs. LCUK.DE - Drawdown Comparison
The maximum LDAX.DE drawdown since its inception was -26.68%, smaller than the maximum LCUK.DE drawdown of -41.09%. Use the drawdown chart below to compare losses from any high point for LDAX.DE and LCUK.DE.
Loading charts...
Drawdown Indicators
| LDAX.DE | LCUK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.68% | -41.09% | +14.41% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -8.28% | -4.08% |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | -16.66% | +0.74% |
Max Drawdown (5Y)Largest decline over 5 years | -26.68% | -16.66% | -10.02% |
Current DrawdownCurrent decline from peak | -3.53% | 0.00% | -3.53% |
Average DrawdownAverage peak-to-trough decline | -4.79% | -5.58% | +0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 2.33% | +1.60% |
Volatility
LDAX.DE vs. LCUK.DE - Volatility Comparison
Amundi Dax III UCITS ETF Dist (LDAX.DE) has a higher volatility of 4.62% compared to Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.DE) at 3.18%. This indicates that LDAX.DE's price experiences larger fluctuations and is considered to be riskier than LCUK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LDAX.DE | LCUK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 3.18% | +1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 13.61% | 10.56% | +3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.26% | 12.51% | +3.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 14.10% | +3.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 20.32% | -2.96% |
LDAX.DE vs. LCUK.DE - Expense Ratio Comparison
LDAX.DE has a 0.15% expense ratio, which is higher than LCUK.DE's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LDAX.DE vs. LCUK.DE - Dividend Comparison
LDAX.DE's dividend yield for the trailing twelve months is around 1.93%, less than LCUK.DE's 2.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LCUK.DE Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist | 2.73% | 3.03% | 3.73% | 3.09% | 4.08% | 3.76% | 2.95% | 3.36% |
LDAX.DE Amundi Dax III UCITS ETF Dist | 1.93% | 1.95% | 2.31% | 2.73% | 3.32% | 2.73% | 0.39% | 0.00% |
Frequently Asked Questions
LDAX.DE and LCUK.DE have a correlation of 0.63, 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 0.15% for LDAX.DE.
LDAX.DE tracks DAX®, while LCUK.DE tracks FTSE AllSh TR GBP. Their fees differ too: 0.15% for LDAX.DE and 0.04% for LCUK.DE.
Find the right allocation for LDAX.DE and LCUK.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