LDEG.L vs. EUHD.L

Last updated Apr 3, 2026

Compare and contrast key facts about L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L).

LDEG.L and EUHD.L 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. EUHD.L is a passively managed fund by Invesco that tracks the performance of the MSCI EMU NR EUR. It was launched on Jan 6, 2016. Both LDEG.L and EUHD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

LDEG.L vs. EUHD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L). The values are adjusted to include any dividend payments, if applicable.

LDEG.L vs. EUHD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	6.34%	45.02%	8.90%	14.40%	3.49%	2.89%
EUHD.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	6.49%	42.88%	5.23%	11.37%	-3.26%	4.27%

Returns By Period

The year-to-date returns for both investments are quite close, with LDEG.L having a 6.34% return and EUHD.L slightly higher at 6.49%.

LDEG.L

• 1D: 0.19%
• 1M: 2.57%
• YTD: 6.34%
• 6M: 14.12%
• 1Y: 33.02%
• 3Y*: 23.06%
• 5Y*: —
• 10Y*: —

EUHD.L

• 1D: -0.59%
• 1M: 1.93%
• YTD: 6.49%
• 6M: 12.46%
• 1Y: 30.74%
• 3Y*: 19.43%
• 5Y*: 13.27%
• 10Y*: 9.17%

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

LDEG.L vs. EUHD.L - Expense Ratio Comparison

LDEG.L has a 0.25% expense ratio, which is lower than EUHD.L's 0.30% expense ratio.

EUHD.L

PowerShares EURO STOXX High Dividend Low Volatility UCITS

LDEG.L

L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF

Return for Risk

LDEG.L vs. EUHD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LDEG.L

LDEG.L Risk / Return Rank: 94
LDEG.L Sharpe Ratio Rank: 94
LDEG.L Sortino Ratio Rank: 94
LDEG.L Omega Ratio Rank: 95
LDEG.L Calmar Ratio Rank: 95
LDEG.L Martin Ratio Rank: 94

EUHD.L

EUHD.L Risk / Return Rank: 94
EUHD.L Sharpe Ratio Rank: 94
EUHD.L Sortino Ratio Rank: 94
EUHD.L Omega Ratio Rank: 94
EUHD.L Calmar Ratio Rank: 95
EUHD.L Martin Ratio Rank: 93

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.

LDEG.L vs. EUHD.L - Risk-Adjusted Trends 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 PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.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.

	LDEG.L	EUHD.L	Difference
Sharpe ratio Return per unit of total volatility	2.42	2.41	+0.01
Sortino ratio Return per unit of downside risk	3.01	2.98	+0.03
Omega ratio Gain probability vs. loss probability	1.47	1.46	+0.01
Calmar ratio Return relative to maximum drawdown	4.42	4.40	+0.02
Martin ratio Return relative to average drawdown	16.23	15.40	+0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LDEG.L vs. EUHD.L - Sharpe Ratio Comparison

The current LDEG.L Sharpe Ratio is 2.42, which is comparable to the EUHD.L Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of LDEG.L and EUHD.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LDEG.L	EUHD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	2.41	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.97	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.22	0.61	+0.60

Correlation

The correlation between LDEG.L and EUHD.L is 0.75, 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.

Dividends

LDEG.L vs. EUHD.L - Dividend Comparison

LDEG.L's dividend yield for the trailing twelve months is around 3.30%, less than EUHD.L's 4.05% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	3.30%	3.48%	4.28%	4.17%	3.76%	3.16%	0.00%	0.00%	0.00%	0.00%	0.00%
EUHD.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	4.05%	4.61%	5.86%	5.50%	5.44%	4.28%	3.06%	4.66%	4.34%	3.41%	3.51%

Drawdowns

LDEG.L vs. EUHD.L - Drawdown Comparison

The maximum LDEG.L drawdown since its inception was -15.97%, smaller than the maximum EUHD.L drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for LDEG.L and EUHD.L.

Drawdown Indicators

	LDEG.L	EUHD.L	Difference
Max Drawdown Largest peak-to-trough decline	-15.97%	-35.97%	+20.00%
Max Drawdown (1Y) Largest decline over 1 year	-8.03%	-7.46%	-0.57%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.97%	—
Current Drawdown Current decline from peak	-2.91%	-2.27%	-0.64%
Average Drawdown Average peak-to-trough decline	-3.01%	-5.37%	+2.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	2.05%	+0.14%

Volatility

LDEG.L vs. EUHD.L - Volatility Comparison

L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) has a higher volatility of 5.08% compared to PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L) at 4.55%. This indicates that LDEG.L's price experiences larger fluctuations and is considered to be riskier than EUHD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDEG.L	EUHD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.08%	4.55%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	9.07%	8.35%	+0.72%
Volatility (1Y) Calculated over the trailing 1-year period	13.59%	12.72%	+0.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.18%	13.69%	+2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.18%	15.56%	+0.62%