LDEG.L vs. EUDV
Compare and contrast key facts about L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) and ProShares MSCI Europe Dividend Growers ETF (EUDV).
LDEG.L and EUDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LDEG.L is a passively managed fund by Legal & General that tracks the performance of the MSCI Europe Ex UK NR EUR. It was launched on Apr 12, 2021. EUDV is a passively managed fund by ProShares that tracks the performance of the MSCI Europe Dividend Masters Index. It was launched on Sep 9, 2015. Both LDEG.L and EUDV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LDEG.L or EUDV.
Key characteristics
| LDEG.L | EUDV | |
|---|---|---|
| YTD Return | 4.80% | 5.91% |
| 1Y Return | 13.48% | 19.66% |
| 3Y Return (Ann) | 3.09% | -1.57% |
| Sharpe Ratio | 0.48 | 1.58 |
| Sortino Ratio | 0.90 | 2.24 |
| Omega Ratio | 1.20 | 1.27 |
| Calmar Ratio | 0.86 | 0.90 |
| Martin Ratio | 1.38 | 8.60 |
| Ulcer Index | 8.98% | 2.34% |
| Daily Std Dev | 25.52% | 12.79% |
| Max Drawdown | -18.70% | -37.51% |
| Current Drawdown | -11.18% | -6.53% |
Correlation
The correlation between LDEG.L and EUDV is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LDEG.L vs. EUDV - Performance Comparison
In the year-to-date period, LDEG.L achieves a 4.80% return, which is significantly lower than EUDV's 5.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LDEG.L vs. EUDV - Expense Ratio Comparison
LDEG.L has a 0.25% expense ratio, which is lower than EUDV's 0.55% expense ratio.
Risk-Adjusted Performance
LDEG.L vs. EUDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) and ProShares MSCI Europe Dividend Growers ETF (EUDV). 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.
Dividends
LDEG.L vs. EUDV - Dividend Comparison
LDEG.L has not paid dividends to shareholders, while EUDV's dividend yield for the trailing twelve months is around 1.82%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EUDV ProShares MSCI Europe Dividend Growers ETF | 1.82% | 1.87% | 1.77% | 2.31% | 1.27% | 2.20% | 2.22% | 2.33% | 2.53% | 0.37% |
Drawdowns
LDEG.L vs. EUDV - Drawdown Comparison
The maximum LDEG.L drawdown since its inception was -18.70%, smaller than the maximum EUDV drawdown of -37.51%. Use the drawdown chart below to compare losses from any high point for LDEG.L and EUDV. For additional features, visit the drawdowns tool.
Volatility
LDEG.L vs. EUDV - Volatility Comparison
L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) has a higher volatility of 4.11% compared to ProShares MSCI Europe Dividend Growers ETF (EUDV) at 3.65%. This indicates that LDEG.L's price experiences larger fluctuations and is considered to be riskier than EUDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.