LDGL.L vs. LDGG.L

Last updated Jun 5, 2026

LDGL.L (L&G Global Quality Dividends UCITS ETF USD Distributing) and LDGG.L (L&G Global Quality Dividends UCITS ETF USD (Dist)) are both Global Equity Income funds - LDGL.L tracks the FTSE Developed All Cap Dividend Growth with Quality Index while LDGG.L tracks the FTSE Developed All Cap Dividend Growth with Quality Net Tax Index. Both are passively managed. A 0.73 correlation means they provide meaningful diversification when combined. LDGL.L charges 0.29%/yr vs 0.31%/yr for LDGG.L.

Performance

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

Different Trading Currencies

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

Returns By Period

LDGL.L

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

LDGG.L

• 1D: -0.00%
• 1M: 2.16%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	8.85%
LDGG.L L&G Global Quality Dividends UCITS ETF USD (Dist)	9.10%

Correlation

The correlation between LDGL.L and LDGG.L is 0.73, 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	0.73

Return for Risk

LDGL.L vs. LDGG.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 L&G Global Quality Dividends UCITS ETF USD (Dist) (LDGG.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	LDGG.L	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	2.10	-0.58

Drawdowns

LDGL.L vs. LDGG.L - Drawdown Comparison

The maximum LDGL.L drawdown since its inception was -9.46%, roughly equal to the maximum LDGG.L drawdown of -9.10%. Use the drawdown chart below to compare losses from any high point for LDGL.L and LDGG.L.

Drawdown Indicators

	LDGL.L	LDGG.L	Difference
Max Drawdown Largest peak-to-trough decline	-9.46%	-9.10%	-0.36%
Current Drawdown Current decline from peak	-1.32%	-0.88%	-0.44%
Average Drawdown Average peak-to-trough decline	-2.88%	-2.81%	-0.07%

Volatility

Volatility by Period

	LDGL.L	LDGG.L	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.97%	13.05%	+1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.97%	13.05%	+1.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.97%	13.05%	+1.92%

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

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

Dividends

LDGL.L vs. LDGG.L - Dividend Comparison

LDGL.L's dividend yield for the trailing twelve months is around 1.30%, less than LDGG.L's 1.75% 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 LDGL.L and LDGG.L in my portfolio?

LDGL.L and LDGG.L have a correlation of 0.73, 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 LDGG.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 LDGG.L?

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

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

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