LDEM.L vs. ROBO.L

Last updated Jul 21, 2026

LDEM.L (L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist)) and ROBO.L (L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)) are both exchange-traded funds - LDEM.L is a Emerging Markets Equities fund tracking the FTSE Emerging All Cap ex CW ex TC ex REITS Dividend Growth with Quality Index, while ROBO.L is a Robotics fund tracking the ROBO Global Robotics and Automation UCITS Index. Both are passively managed. Over the past 5 years, LDEM.L returned 9.87%/yr vs 4.18%/yr for ROBO.L. A 0.66 correlation means they provide meaningful diversification when combined. LDEM.L charges 0.45%/yr vs 0.80%/yr for ROBO.L.

Performance

LDEM.L vs. ROBO.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) (LDEM.L) and L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDEM.L achieves a 11.31% return, which is significantly lower than ROBO.L's 12.47% return.

LDEM.L

• 1D: 0.46%
• 1M: -3.32%
• 6M: 6.83%
• YTD: 11.31%
• 1Y: 21.35%
• 3Y*: 17.34%
• 5Y*: 9.87%
• 10Y*: —
• ALL TIME*: 9.70%

ROBO.L

• 1D: 0.45%
• 1M: -9.20%
• 6M: 6.69%
• YTD: 12.47%
• 1Y: 27.35%
• 3Y*: 10.28%
• 5Y*: 4.18%
• 10Y*: 12.24%
• ALL TIME*: 10.34%

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

LDEM.L vs. ROBO.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LDEM.L L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist)	11.31%	25.93%	9.54%	17.25%	-11.95%	0.39%
ROBO.L L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)	12.47%	23.22%	-1.60%	25.20%	-33.80%	7.03%

Correlation

The correlation between LDEM.L and ROBO.L 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	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021	0.66

The correlation between LDEM.L and ROBO.L has been stable across timeframes, ranging from 0.63 to 0.66 - a consistent structural relationship.

LDEM.L vs. ROBO.L - Sectors Allocation Comparison

Sectors	LDEM.L	ROBO.L
Financial Services	26.5%	-
Technology	19.9%	42.6%
Industrials	12.5%	47.1%
Consumer Cyclical	8.0%	4.3%
Basic Materials	7.4%	-
Consumer Defensive	7.1%	-
Utilities	6.7%	-
Energy	5.0%	-
Communication Services	3.8%	0.7%
Healthcare	3.1%	5.4%
Real Estate	0.2%	-

Return for Risk

LDEM.L vs. ROBO.L — Risk / Return Rank

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

LDEM.L

LDEM.L Risk / Return Rank: 62
LDEM.L Sharpe Ratio Rank: 61
LDEM.L Sortino Ratio Rank: 62
LDEM.L Omega Ratio Rank: 58
LDEM.L Calmar Ratio Rank: 66
LDEM.L Martin Ratio Rank: 61

ROBO.L

ROBO.L Risk / Return Rank: 41
ROBO.L Sharpe Ratio Rank: 39
ROBO.L Sortino Ratio Rank: 40
ROBO.L Omega Ratio Rank: 38
ROBO.L Calmar Ratio Rank: 44
ROBO.L Martin Ratio Rank: 45

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.

LDEM.L vs. ROBO.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) (LDEM.L) and L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.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.

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.

	LDEM.L	ROBO.L	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.04	+0.47
Sortino ratio: Return per unit of downside risk	2.17	1.57	+0.60
Omega ratio: Gain probability vs. loss probability	1.27	1.19	+0.07
Calmar ratio: Return relative to maximum drawdown	2.44	1.68	+0.77
Martin ratio: Return relative to average drawdown	7.69	5.37	+2.33

LDEM.L vs. ROBO.L - Sharpe Ratio Comparison

The current LDEM.L Sharpe Ratio is 1.51, which is higher than the ROBO.L Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of LDEM.L and ROBO.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.

Drawdowns

LDEM.L vs. ROBO.L - Drawdown Comparison

The maximum LDEM.L drawdown since its inception was -25.82%, smaller than the maximum ROBO.L drawdown of -42.74%. Use the drawdown chart below to compare losses from any high point for LDEM.L and ROBO.L.

Drawdown Indicators

	LDEM.L	ROBO.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.82%	-42.74%	+16.92%
Max Drawdown (1Y) Largest decline over 1 year	-8.70%	-16.23%	+7.53%
Max Drawdown (3Y) Largest decline over 3 years	-17.16%	-28.70%	+11.54%
Max Drawdown (5Y) Largest decline over 5 years	-25.82%	-42.74%	+16.92%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.74%	—
Current Drawdown Current decline from peak	-5.05%	-13.36%	+8.31%
Average Drawdown Average peak-to-trough decline	-6.44%	-13.17%	+6.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	5.08%	-2.31%

Volatility

LDEM.L vs. ROBO.L - Volatility Comparison

The current volatility for L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) (LDEM.L) is 4.76%, while L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.L) has a volatility of 9.89%. This indicates that LDEM.L experiences smaller price fluctuations and is considered to be less risky than ROBO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDEM.L	ROBO.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.76%	9.89%	-5.13%
Volatility (6M) Calculated over the trailing 6-month period	11.92%	22.18%	-10.26%
Volatility (1Y) Calculated over the trailing 1-year period	14.11%	26.33%	-12.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.51%	24.21%	-9.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.51%	22.46%	-7.95%

LDEM.L vs. ROBO.L - Expense Ratio Comparison

LDEM.L has a 0.45% expense ratio, which is lower than ROBO.L's 0.80% expense ratio.

Dividends

LDEM.L vs. ROBO.L - Dividend Comparison

LDEM.L's dividend yield for the trailing twelve months is around 3.36%, while ROBO.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
LDEM.L L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist)	3.36%	3.59%	3.85%	3.74%	5.33%	1.41%
ROBO.L L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LDEM.L and ROBO.L in my portfolio?

LDEM.L and ROBO.L 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.

Which ETF is better, LDEM.L or ROBO.L?

On fees, LDEM.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LDEM.L or ROBO.L?

LDEM.L is cheaper with a 0.45% expense ratio, compared with 0.80% for ROBO.L.

What is the main difference between LDEM.L and ROBO.L?

LDEM.L is categorized as Emerging Markets Equities, while ROBO.L is Robotics. LDEM.L tracks FTSE Emerging All Cap ex CW ex TC ex REITS Dividend Growth with Quality Index, while ROBO.L tracks ROBO Global Robotics and Automation UCITS Index. Their fees differ too: 0.45% for LDEM.L and 0.80% for ROBO.L.