LDUK.L vs. PRIE.L

Last updated Jun 26, 2026

LDUK.L (L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF) and PRIE.L (Amundi Prime Europe UCITS ETF DR (D)) are both Europe Equities funds - LDUK.L tracks the FTSE AllSh TR GBP while PRIE.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, LDUK.L returned 9.82%/yr vs 10.41%/yr for PRIE.L. A 0.73 correlation means they provide meaningful diversification when combined. LDUK.L charges 0.25%/yr vs 0.05%/yr for PRIE.L.

Performance

LDUK.L vs. PRIE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF (LDUK.L) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDUK.L achieves a 4.65% return, which is significantly lower than PRIE.L's 9.48% return.

LDUK.L

• 1D: -0.65%
• 1M: 0.97%
• YTD: 4.65%
• 6M: 5.95%
• 1Y: 15.06%
• 3Y*: 18.74%
• 5Y*: 9.82%
• 10Y*: —

PRIE.L

• 1D: 0.77%
• 1M: 1.99%
• YTD: 9.48%
• 6M: 9.94%
• 1Y: 24.49%
• 3Y*: 15.61%
• 5Y*: 10.41%
• 10Y*: —

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

LDUK.L vs. PRIE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LDUK.L L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF	4.65%	22.62%	16.13%	8.22%	-3.37%	6.99%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	9.48%	26.12%	3.78%	13.38%	-3.62%	9.90%

Correlation

The correlation between LDUK.L and PRIE.L is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Apr 12, 2021	0.73

The correlation between LDUK.L and PRIE.L shifts across timeframes, from 0.60 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.

LDUK.L vs. PRIE.L - Sectors Allocation Comparison

Sectors	LDUK.L	PRIE.L
Financial Services	60.6%	24.7%
Industrials	14.2%	19.0%
Consumer Defensive	11.1%	8.2%
Basic Materials	7.1%	5.1%
Consumer Cyclical	5.1%	6.7%
Communication Services	1.1%	3.3%
Utilities	0.8%	4.5%
Technology	0.1%	9.8%
Energy	-	5.0%
Healthcare	-	13.1%
Real Estate	-	0.6%

Return for Risk

LDUK.L vs. PRIE.L — Risk / Return Rank

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

LDUK.L

LDUK.L Risk / Return Rank: 31
LDUK.L Sharpe Ratio Rank: 30
LDUK.L Sortino Ratio Rank: 32
LDUK.L Omega Ratio Rank: 29
LDUK.L Calmar Ratio Rank: 28
LDUK.L Martin Ratio Rank: 35

PRIE.L

PRIE.L Risk / Return Rank: 64
PRIE.L Sharpe Ratio Rank: 71
PRIE.L Sortino Ratio Rank: 70
PRIE.L Omega Ratio Rank: 74
PRIE.L Calmar Ratio Rank: 53
PRIE.L Martin Ratio Rank: 54

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.

LDUK.L vs. PRIE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF (LDUK.L) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LDUK.L	PRIE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.01	2.01	-1.00
Sortino ratio: Return per unit of downside risk	1.58	2.78	-1.19
Omega ratio: Gain probability vs. loss probability	1.19	1.38	-0.20
Calmar ratio: Return relative to maximum drawdown	1.30	2.31	-1.01
Martin ratio: Return relative to average drawdown	4.74	8.38	-3.64

LDUK.L vs. PRIE.L - Sharpe Ratio Comparison

The current LDUK.L Sharpe Ratio is 1.01, which is lower than the PRIE.L Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of LDUK.L and PRIE.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LDUK.L vs. PRIE.L - Drawdown Comparison

The maximum LDUK.L drawdown since its inception was -17.23%, smaller than the maximum PRIE.L drawdown of -29.33%. Use the drawdown chart below to compare losses from any high point for LDUK.L and PRIE.L.

Drawdown Indicators

	LDUK.L	PRIE.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.23%	-29.33%	+12.10%
Max Drawdown (1Y) Largest decline over 1 year	-11.51%	-10.55%	-0.96%
Max Drawdown (3Y) Largest decline over 3 years	-13.46%	-13.25%	-0.21%
Max Drawdown (5Y) Largest decline over 5 years	-17.23%	-15.93%	-1.30%
Current Drawdown Current decline from peak	-0.93%	-0.09%	-0.84%
Average Drawdown Average peak-to-trough decline	-3.54%	-4.65%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	2.92%	+0.25%

Volatility

LDUK.L vs. PRIE.L - Volatility Comparison

L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF (LDUK.L) has a higher volatility of 3.44% compared to Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) at 2.95%. This indicates that LDUK.L's price experiences larger fluctuations and is considered to be riskier than PRIE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDUK.L	PRIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.44%	2.95%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	12.48%	10.32%	+2.16%
Volatility (1Y) Calculated over the trailing 1-year period	14.85%	12.15%	+2.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.01%	13.95%	+1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.13%	16.48%	-1.35%

LDUK.L vs. PRIE.L - Expense Ratio Comparison

LDUK.L has a 0.25% expense ratio, which is higher than PRIE.L's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LDUK.L vs. PRIE.L - Dividend Comparison

LDUK.L's dividend yield for the trailing twelve months is around 4.80%, more than PRIE.L's 2.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
LDUK.L L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF	4.80%	4.87%	4.43%	5.14%	5.87%	4.41%	0.00%	0.00%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	2.35%	2.57%	2.84%	2.88%	3.10%	2.27%	2.16%	2.76%

Frequently Asked Questions

Can I hold both LDUK.L and PRIE.L in my portfolio?

LDUK.L and PRIE.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LDUK.L or PRIE.L?

On fees, PRIE.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LDUK.L or PRIE.L?

PRIE.L is cheaper with a 0.05% expense ratio, compared with 0.25% for LDUK.L.

What is the main difference between LDUK.L and PRIE.L?

LDUK.L tracks FTSE AllSh TR GBP, while PRIE.L tracks MSCI Europe NR EUR. They also come from different issuers: Legal & General and Amundi. Their fees differ too: 0.25% for LDUK.L and 0.05% for PRIE.L.