LDGG.L vs. LDGL.L

Last updated Jun 5, 2026

LDGG.L (L&G Global Quality Dividends UCITS ETF USD (Dist)) and LDGL.L (L&G Global Quality Dividends UCITS ETF USD Distributing) are both Global Equity Income funds - LDGG.L tracks the FTSE Developed All Cap Dividend Growth with Quality Net Tax Index while LDGL.L tracks the FTSE Developed All Cap Dividend Growth with Quality Index. Both are passively managed. A 0.71 correlation means they provide meaningful diversification when combined. LDGG.L charges 0.31%/yr vs 0.29%/yr for LDGL.L.

Performance

LDGG.L vs. LDGL.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 Global Quality Dividends UCITS ETF USD Distributing (LDGL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LDGG.L is traded in GBp, while LDGL.L is traded in USD. To make them comparable, the LDGL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

LDGG.L

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

LDGL.L

• 1D: 0.27%
• 1M: 2.51%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)
LDGG.L L&G Global Quality Dividends UCITS ETF USD (Dist)	9.22%
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	9.04%

Correlation

The correlation between LDGG.L and LDGL.L is 0.71, 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	0.71

Return for Risk

LDGG.L vs. LDGL.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 Global Quality Dividends UCITS ETF USD Distributing (LDGL.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	LDGL.L	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.43	1.52	+0.90

Drawdowns

LDGG.L vs. LDGL.L - Drawdown Comparison

The maximum LDGG.L drawdown since its inception was -8.72%, roughly equal to the maximum LDGL.L drawdown of -8.76%. Use the drawdown chart below to compare losses from any high point for LDGG.L and LDGL.L.

Drawdown Indicators

	LDGG.L	LDGL.L	Difference
Max Drawdown Largest peak-to-trough decline	-8.72%	-8.76%	+0.04%
Current Drawdown Current decline from peak	-0.70%	-0.85%	+0.15%
Average Drawdown Average peak-to-trough decline	-2.58%	-2.70%	+0.12%

Volatility

Volatility by Period

	LDGG.L	LDGL.L	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.47%	14.37%	-2.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.47%	14.37%	-2.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.47%	14.37%	-2.90%

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

LDGG.L has a 0.31% expense ratio, which is higher than LDGL.L's 0.29% expense ratio.

Dividends

LDGG.L vs. LDGL.L - Dividend Comparison

LDGG.L's dividend yield for the trailing twelve months is around 1.75%, more than LDGL.L's 1.30% yield.

Position	TTM
LDGG.L L&G Global Quality Dividends UCITS ETF USD (Dist)	1.75%
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	1.30%

Frequently Asked Questions

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

LDGG.L and LDGL.L have a correlation of 0.71, 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 LDGL.L?

On fees, LDGL.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

LDGL.L is cheaper with a 0.29% expense ratio, compared with 0.31% for LDGG.L.

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

LDGG.L tracks FTSE Developed All Cap Dividend Growth with Quality Net Tax Index, while LDGL.L tracks FTSE Developed All Cap Dividend Growth with Quality Index. They also come from different issuers: Legal & General and L&G. Their fees differ too: 0.31% for LDGG.L and 0.29% for LDGL.L.