LDGL.L vs. XWEQ.DE

Last updated Jun 5, 2026

LDGL.L (L&G Global Quality Dividends UCITS ETF USD Distributing) and XWEQ.DE (Xtrackers MSCI World Quality ESG UCITS ETF 1C) are both exchange-traded funds - LDGL.L is a Global Equity Income fund tracking the FTSE Developed All Cap Dividend Growth with Quality Index, while XWEQ.DE is a Global Equities fund tracking the MSCI World Quality Low Carbon SRI Screened Select. Both are passively managed. A 0.69 correlation means they provide meaningful diversification when combined. LDGL.L charges 0.29%/yr vs 0.25%/yr for XWEQ.DE.

Performance

LDGL.L vs. XWEQ.DE - 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 Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWEQ.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LDGL.L is traded in USD, while XWEQ.DE is traded in EUR. To make them comparable, the XWEQ.DE 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*: —

XWEQ.DE

• 1D: 0.89%
• 1M: 3.50%
• YTD: 8.45%
• 6M: 11.18%
• 1Y: 25.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LDGL.L vs. XWEQ.DE - Yearly Performance Comparison

	2026 (YTD)
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	8.09%
XWEQ.DE Xtrackers MSCI World Quality ESG UCITS ETF 1C	5.43%

Correlation

The correlation between LDGL.L and XWEQ.DE is 0.69, 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	0.69

Return for Risk

LDGL.L vs. XWEQ.DE — Risk / Return Rank

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

XWEQ.DE

XWEQ.DE Risk / Return Rank: 65
XWEQ.DE Sharpe Ratio Rank: 61
XWEQ.DE Sortino Ratio Rank: 64
XWEQ.DE Omega Ratio Rank: 62
XWEQ.DE Calmar Ratio Rank: 67
XWEQ.DE 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. XWEQ.DE - 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 Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWEQ.DE). 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	XWEQ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	1.05	+0.47

Drawdowns

LDGL.L vs. XWEQ.DE - Drawdown Comparison

The maximum LDGL.L drawdown since its inception was -9.46%, smaller than the maximum XWEQ.DE drawdown of -19.76%. Use the drawdown chart below to compare losses from any high point for LDGL.L and XWEQ.DE.

Drawdown Indicators

	LDGL.L	XWEQ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-9.46%	-19.76%	+10.30%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.08%	—
Current Drawdown Current decline from peak	-1.32%	-0.99%	-0.33%
Average Drawdown Average peak-to-trough decline	-2.88%	-3.84%	+0.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.43%	—

Volatility

Volatility by Period

	LDGL.L	XWEQ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.97%	12.55%	+2.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.97%	15.36%	-0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.97%	15.36%	-0.39%

LDGL.L vs. XWEQ.DE - Expense Ratio Comparison

LDGL.L has a 0.29% expense ratio, which is higher than XWEQ.DE's 0.25% expense ratio.

Dividends

LDGL.L vs. XWEQ.DE - Dividend Comparison

LDGL.L's dividend yield for the trailing twelve months is around 1.30%, while XWEQ.DE has not paid dividends to shareholders.

Position	TTM
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	1.30%
XWEQ.DE Xtrackers MSCI World Quality ESG UCITS ETF 1C	0.00%

Frequently Asked Questions

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

LDGL.L and XWEQ.DE have a correlation of 0.69, 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 XWEQ.DE?

On fees, XWEQ.DE 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, LDGL.L or XWEQ.DE?

XWEQ.DE is cheaper with a 0.25% expense ratio, compared with 0.29% for LDGL.L.

What is the main difference between LDGL.L and XWEQ.DE?

LDGL.L is categorized as Global Equity Income, while XWEQ.DE is Global Equities. LDGL.L tracks FTSE Developed All Cap Dividend Growth with Quality Index, while XWEQ.DE tracks MSCI World Quality Low Carbon SRI Screened Select. They also come from different issuers: L&G and Xtrackers. Their fees differ too: 0.29% for LDGL.L and 0.25% for XWEQ.DE.