LDGL.L vs. FGQI.L

Last updated Jun 5, 2026

LDGL.L (L&G Global Quality Dividends UCITS ETF USD Distributing) and FGQI.L (Fidelity Global Quality Income UCITS ETF (Inc) USD) are both Global Equity Income funds - LDGL.L tracks the FTSE Developed All Cap Dividend Growth with Quality Index while FGQI.L tracks the Fidelity Global Quality Income Index. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. LDGL.L charges 0.29%/yr vs 0.40%/yr for FGQI.L.

Performance

LDGL.L vs. FGQI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L&G Global Quality Dividends UCITS ETF USD Distributing (LDGL.L) and Fidelity Global Quality Income UCITS ETF (Inc) USD (FGQI.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LDGL.L

• 1D: 0.27%
• 1M: 1.58%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FGQI.L

• 1D: 0.09%
• 1M: 2.82%
• YTD: 9.49%
• 6M: 10.07%
• 1Y: 24.94%
• 3Y*: 17.81%
• 5Y*: 10.69%
• 10Y*: —

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

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

	2026 (YTD)
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	8.09%
FGQI.L Fidelity Global Quality Income UCITS ETF (Inc) USD	7.50%

Correlation

The correlation between LDGL.L and FGQI.L is 0.79, 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 16, 2026	0.79

Return for Risk

LDGL.L vs. FGQI.L — Risk / Return Rank

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

FGQI.L

FGQI.L Risk / Return Rank: 65
FGQI.L Sharpe Ratio Rank: 62
FGQI.L Sortino Ratio Rank: 69
FGQI.L Omega Ratio Rank: 62
FGQI.L Calmar Ratio Rank: 64
FGQI.L Martin Ratio Rank: 70

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.

LDGL.L vs. FGQI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Global Quality Dividends UCITS ETF USD Distributing (LDGL.L) and Fidelity Global Quality Income UCITS ETF (Inc) USD (FGQI.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

	LDGL.L	FGQI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	0.78	+0.75

Drawdowns

LDGL.L vs. FGQI.L - Drawdown Comparison

The maximum LDGL.L drawdown since its inception was -9.46%, smaller than the maximum FGQI.L drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for LDGL.L and FGQI.L.

Drawdown Indicators

	LDGL.L	FGQI.L	Difference
Max Drawdown Largest peak-to-trough decline	-9.46%	-35.04%	+25.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.80%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.08%	—
Current Drawdown Current decline from peak	-1.32%	-0.09%	-1.23%
Average Drawdown Average peak-to-trough decline	-2.88%	-4.12%	+1.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.95%	—

Volatility

Volatility by Period

	LDGL.L	FGQI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.97%	12.18%	+2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.97%	14.99%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.97%	15.77%	-0.80%

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

LDGL.L has a 0.29% expense ratio, which is lower than FGQI.L's 0.40% expense ratio.

Dividends

LDGL.L vs. FGQI.L - Dividend Comparison

LDGL.L's dividend yield for the trailing twelve months is around 1.30%, less than FGQI.L's 1.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGQI.L Fidelity Global Quality Income UCITS ETF (Inc) USD	1.80%	1.81%	2.32%	2.71%	2.77%	2.52%	2.45%	2.34%	2.78%	1.50%
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	1.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

LDGL.L and FGQI.L have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LDGL.L or FGQI.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, LDGL.L or FGQI.L?

LDGL.L is cheaper with a 0.29% expense ratio, compared with 0.40% for FGQI.L.

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

LDGL.L tracks FTSE Developed All Cap Dividend Growth with Quality Index, while FGQI.L tracks Fidelity Global Quality Income Index. They also come from different issuers: L&G and Fidelity. Their fees differ too: 0.29% for LDGL.L and 0.40% for FGQI.L.