PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
LDUK.L vs. SPOL.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LDUK.L vs. SPOL.L

Last updated Jun 5, 2026

LDUK.L (L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF) and SPOL.L (iShares MSCI Poland UCITS ETF USD (Acc)) are both Europe Equities funds - LDUK.L tracks the FTSE AllSh TR GBP while SPOL.L tracks the MSCI Poland NR EUR. Both are passively managed. Over the past 5 years, LDUK.L returned 9.34%/yr vs 15.01%/yr for SPOL.L. At a 0.43 correlation, their price movements are largely independent. LDUK.L charges 0.25%/yr vs 0.74%/yr for SPOL.L.

Performance

LDUK.L vs. SPOL.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 iShares MSCI Poland UCITS ETF USD (Acc) (SPOL.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, LDUK.L achieves a 3.01% return, which is significantly lower than SPOL.L's 15.71% return.

LDUK.L

1D
0.72%
1M
4.03%
YTD
3.01%
6M
7.64%
1Y
12.83%
3Y*
16.70%
5Y*
9.34%
10Y*
—

SPOL.L

1D
0.64%
1M
6.57%
YTD
15.71%
6M
25.23%
1Y
43.43%
3Y*
30.33%
5Y*
15.01%
10Y*
10.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021
LDUK.L
L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF		3.01%22.62%16.13%8.22%-3.33%6.07%
SPOL.L
iShares MSCI Poland UCITS ETF USD (Acc)		15.71%61.27%-4.98%41.52%-17.96%12.90%

Correlation

The correlation between LDUK.L and SPOL.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.39

Correlation (3Y)
Calculated over the trailing 3-year period

0.47

Correlation (5Y)
Calculated over the trailing 5-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Apr 21, 2021

0.43

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

Sectors
LDUK.L
SPOL.L

Financial Services

60.4%
48.0%

Industrials

14.3%
1.9%

Consumer Defensive

11.3%
5.4%

Basic Materials

6.8%
9.8%

Consumer Cyclical

5.0%
10.9%

Communication Services

1.1%
3.2%

Utilities

1.0%
2.0%

Technology

0.1%
2.2%

Energy

-

16.7%

Healthcare

-

-

Real Estate

-

-

Financial Services

LDUK.L
60.4%
SPOL.L
48.0%

Industrials

LDUK.L
14.3%
SPOL.L
1.9%

Consumer Defensive

LDUK.L
11.3%
SPOL.L
5.4%

Basic Materials

LDUK.L
6.8%
SPOL.L
9.8%

Consumer Cyclical

LDUK.L
5.0%
SPOL.L
10.9%

Communication Services

LDUK.L
1.1%
SPOL.L
3.2%

Utilities

LDUK.L
1.0%
SPOL.L
2.0%

Technology

LDUK.L
0.1%
SPOL.L
2.2%

Energy

LDUK.L

-

SPOL.L
16.7%

Healthcare

LDUK.L

-

SPOL.L

-

Real Estate

LDUK.L

-

SPOL.L

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF

iShares MSCI Poland UCITS ETF USD (Acc)

Often compared with LDUK.L:
LDUK.L vs. LDEG.LLDUK.L vs. IUKD.LLDUK.L vs. HUKX.LLDUK.L vs. GGRP.LLDUK.L vs. SPYL.DELDUK.L vs. VUSA.DELDUK.L vs. XDEM.L
Often compared with SPOL.L:
SPOL.L vs. IBCJ.DESPOL.L vs. VOOSPOL.L vs. WDEP.LSPOL.L vs. FLXD.LSPOL.L vs. XD5E.LSPOL.L vs. LCPE.LSPOL.L vs. EEIP.L

Return for Risk

LDUK.L vs. SPOL.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: 2626
Overall Rank
LDUK.L Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
LDUK.L Sortino Ratio Rank: 2626
Sortino Ratio Rank
LDUK.L Omega Ratio Rank: 2525
Omega Ratio Rank
LDUK.L Calmar Ratio Rank: 2424
Calmar Ratio Rank
LDUK.L Martin Ratio Rank: 2929
Martin Ratio Rank
SPOL.L
SPOL.L Risk / Return Rank: 6161
Overall Rank
SPOL.L Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
SPOL.L Sortino Ratio Rank: 5454
Sortino Ratio Rank
SPOL.L Omega Ratio Rank: 5050
Omega Ratio Rank
SPOL.L Calmar Ratio Rank: 8484
Calmar Ratio Rank
SPOL.L Martin Ratio Rank: 6262
Martin Ratio Rank
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. SPOL.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 iShares MSCI Poland UCITS ETF USD (Acc) (SPOL.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.

LDUK.LSPOL.LDifference
Sharpe ratioReturn per unit of total volatility
0.87
1.87

-1.00

Sortino ratioReturn per unit of downside risk
1.37
2.58

-1.21

Omega ratioGain probability vs. loss probability

1.16

1.31

-0.15

Calmar ratioReturn relative to maximum drawdown

1.11

4.54

-3.43

Martin ratioReturn relative to average drawdown

4.06

10.87

-6.81

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current LDUK.L Sharpe Ratio is 0.87, which is lower than the SPOL.L Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of LDUK.L and SPOL.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.

Loading charts...

Sharpe Ratios by Period

LDUK.LSPOL.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.87

1.87

-1.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

0.55

+0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.40

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.76

0.16

+0.59

Drawdowns

LDUK.L vs. SPOL.L - Drawdown Comparison

The maximum LDUK.L drawdown since its inception was -17.13%, smaller than the maximum SPOL.L drawdown of -56.64%. Use the drawdown chart below to compare losses from any high point for LDUK.L and SPOL.L.

Loading charts...

Drawdown Indicators

LDUK.LSPOL.LDifference

Max Drawdown

Largest peak-to-trough decline

-17.13%

-56.64%

+39.51%

Max Drawdown (1Y)

Largest decline over 1 year

-11.51%

-9.51%

-2.00%

Max Drawdown (3Y)

Largest decline over 3 years

-13.46%

-19.47%

+6.01%

Max Drawdown (5Y)

Largest decline over 5 years

-17.13%

-46.27%

+29.14%

Max Drawdown (10Y)

Largest decline over 10 years

—

-56.64%

—

Current Drawdown

Current decline from peak

-1.80%

-0.53%

-1.27%

Average Drawdown

Average peak-to-trough decline

-3.66%

-21.79%

+18.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.15%

3.98%

-0.83%

Volatility

LDUK.L vs. SPOL.L - Volatility Comparison

The current volatility for L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF (LDUK.L) is 4.63%, while iShares MSCI Poland UCITS ETF USD (Acc) (SPOL.L) has a volatility of 7.21%. This indicates that LDUK.L experiences smaller price fluctuations and is considered to be less risky than SPOL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

LDUK.LSPOL.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.63%

7.21%

-2.58%

Volatility (6M)

Calculated over the trailing 6-month period

12.32%

17.30%

-4.98%

Volatility (1Y)

Calculated over the trailing 1-year period

14.67%

23.13%

-8.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.61%

27.10%

-11.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.64%

25.42%

-9.78%

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

LDUK.L has a 0.25% expense ratio, which is lower than SPOL.L's 0.74% expense ratio.

Dividends

LDUK.L vs. SPOL.L - Dividend Comparison

LDUK.L's dividend yield for the trailing twelve months is around 4.79%, while SPOL.L has not paid dividends to shareholders.

PositionTTM20252024202320222021
LDUK.L
L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF		4.79%4.87%4.43%5.14%5.87%4.41%
SPOL.L
iShares MSCI Poland UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

LDUK.L and SPOL.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, LDUK.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

LDUK.L is cheaper with a 0.25% expense ratio, compared with 0.74% for SPOL.L.

LDUK.L tracks FTSE AllSh TR GBP, while SPOL.L tracks MSCI Poland NR EUR. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.25% for LDUK.L and 0.74% for SPOL.L.

Portfolio Optimizer

Find the right allocation for LDUK.L and SPOL.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer