LDGG.L vs. LDEG.L

Last updated Jun 5, 2026

LDGG.L (L&G Global Quality Dividends UCITS ETF USD (Dist)) and LDEG.L (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) are both exchange-traded funds - LDGG.L is a Global Equity Income fund tracking the FTSE Developed All Cap Dividend Growth with Quality Net Tax Index, while LDEG.L is a Europe Equities fund tracking the MSCI Europe Ex UK NR EUR. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined. LDGG.L charges 0.31%/yr vs 0.25%/yr for LDEG.L.

Performance

LDGG.L vs. LDEG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G Global Quality Dividends UCITS ETF USD (Dist) (LDGG.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LDGG.L

• 1D: -0.05%
• 1M: 3.04%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LDEG.L

• 1D: 0.89%
• 1M: 1.38%
• YTD: 10.41%
• 6M: 13.94%
• 1Y: 30.52%
• 3Y*: 23.92%
• 5Y*: 16.11%
• 10Y*: —

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

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

	2026 (YTD)
LDGG.L L&G Global Quality Dividends UCITS ETF USD (Dist)	9.22%
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	9.28%

Correlation

The correlation between LDGG.L and LDEG.L is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.64

Return for Risk

LDGG.L vs. LDEG.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: 78
LDEG.L Sharpe Ratio Rank: 82
LDEG.L Sortino Ratio Rank: 80
LDEG.L Omega Ratio Rank: 80
LDEG.L Calmar Ratio Rank: 76
LDEG.L Martin Ratio Rank: 74

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.

LDGG.L vs. LDEG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Global Quality Dividends UCITS ETF USD (Dist) (LDGG.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	LDGG.L	LDEG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.63	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.43	1.24	+1.19

Drawdowns

LDGG.L vs. LDEG.L - Drawdown Comparison

The maximum LDGG.L drawdown since its inception was -8.72%, smaller than the maximum LDEG.L drawdown of -15.97%. Use the drawdown chart below to compare losses from any high point for LDGG.L and LDEG.L.

Drawdown Indicators

	LDGG.L	LDEG.L	Difference
Max Drawdown Largest peak-to-trough decline	-8.72%	-15.97%	+7.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.97%	—
Current Drawdown Current decline from peak	-0.70%	-1.33%	+0.63%
Average Drawdown Average peak-to-trough decline	-2.58%	-2.95%	+0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.20%	—

Volatility

Volatility by Period

	LDGG.L	LDEG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.47%	11.55%	-0.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.47%	15.99%	-4.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.47%	16.01%	-4.54%

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

LDGG.L has a 0.31% expense ratio, which is higher than LDEG.L's 0.25% expense ratio.

Dividends

LDGG.L vs. LDEG.L - Dividend Comparison

LDGG.L's dividend yield for the trailing twelve months is around 1.75%, less than LDEG.L's 3.13% yield.

Position	TTM	2025	2024	2023	2022	2021
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	3.13%	3.43%	4.21%	4.11%	3.70%	3.11%
LDGG.L L&G Global Quality Dividends UCITS ETF USD (Dist)	1.75%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LDGG.L and LDEG.L in my portfolio?

LDGG.L and LDEG.L have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LDGG.L or LDEG.L?

On fees, LDEG.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LDGG.L or LDEG.L?

LDEG.L is cheaper with a 0.25% expense ratio, compared with 0.31% for LDGG.L.

What is the main difference between LDGG.L and LDEG.L?

LDGG.L is categorized as Global Equity Income, while LDEG.L is Europe Equities. LDGG.L tracks FTSE Developed All Cap Dividend Growth with Quality Net Tax Index, while LDEG.L tracks MSCI Europe Ex UK NR EUR. Their fees differ too: 0.31% for LDGG.L and 0.25% for LDEG.L.