LEGR.L vs. CHTE.L

Last updated Jun 4, 2026

LEGR.L (First Trust Indxx Innovative Transaction & Process UCITS ETF) and CHTE.L (UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from First Trust and UBS respectively. Both are passively managed. Over the past 3 years, LEGR.L returned 23.65%/yr vs 11.37%/yr for CHTE.L. At a 0.49 correlation, their price movements are largely independent. LEGR.L charges 0.65%/yr vs 0.47%/yr for CHTE.L.

Performance

LEGR.L vs. CHTE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx Innovative Transaction & Process UCITS ETF (LEGR.L) and UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, LEGR.L achieves a 12.05% return, which is significantly higher than CHTE.L's -6.04% return.

LEGR.L

• 1D: -1.63%
• 1M: 6.04%
• YTD: 12.05%
• 6M: 16.34%
• 1Y: 31.50%
• 3Y*: 23.65%
• 5Y*: 11.83%
• 10Y*: —

CHTE.L

• 1D: -2.73%
• 1M: -0.95%
• YTD: -6.04%
• 6M: -8.58%
• 1Y: 3.09%
• 3Y*: 11.37%
• 5Y*: —
• 10Y*: —

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

LEGR.L vs. CHTE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LEGR.L First Trust Indxx Innovative Transaction & Process UCITS ETF	12.05%	31.58%	16.29%	21.82%	-19.47%
CHTE.L UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc	-6.04%	42.46%	10.53%	-10.54%	-30.38%

Correlation

The correlation between LEGR.L and CHTE.L is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jan 20, 2022	0.49

The correlation between LEGR.L and CHTE.L has been stable across timeframes, ranging from 0.49 to 0.54 - a consistent structural relationship.

LEGR.L vs. CHTE.L - Sectors Allocation Comparison

Sectors	LEGR.L	CHTE.L
Financial Services	42.5%	0.6%
Technology	27.3%	32.1%
Communication Services	8.9%	21.8%
Consumer Cyclical	8.5%	28.7%
Industrials	5.6%	4.8%
Utilities	2.1%	-
Basic Materials	1.6%	-
Consumer Defensive	1.4%	-
Healthcare	1.3%	12.0%
Energy	0.8%	-
Real Estate	-	-

Return for Risk

LEGR.L vs. CHTE.L — Risk / Return Rank

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

LEGR.L

LEGR.L Risk / Return Rank: 67
LEGR.L Sharpe Ratio Rank: 69
LEGR.L Sortino Ratio Rank: 70
LEGR.L Omega Ratio Rank: 66
LEGR.L Calmar Ratio Rank: 66
LEGR.L Martin Ratio Rank: 66

CHTE.L

CHTE.L Risk / Return Rank: 12
CHTE.L Sharpe Ratio Rank: 13
CHTE.L Sortino Ratio Rank: 13
CHTE.L Omega Ratio Rank: 12
CHTE.L Calmar Ratio Rank: 12
CHTE.L Martin Ratio Rank: 11

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.

LEGR.L vs. CHTE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process UCITS ETF (LEGR.L) and UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.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.

	LEGR.L	CHTE.L	Difference
Sharpe ratio: Return per unit of total volatility	2.25	0.21	+2.04
Sortino ratio: Return per unit of downside risk	3.17	0.48	+2.68
Omega ratio: Gain probability vs. loss probability	1.39	1.06	+0.34
Calmar ratio: Return relative to maximum drawdown	3.22	0.20	+3.02
Martin ratio: Return relative to average drawdown	11.88	0.36	+11.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEGR.L vs. CHTE.L - Sharpe Ratio Comparison

The current LEGR.L Sharpe Ratio is 2.25, which is higher than the CHTE.L Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of LEGR.L and CHTE.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.

Sharpe Ratios by Period

	LEGR.L	CHTE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	0.21	+2.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	-0.05	+0.75

Drawdowns

LEGR.L vs. CHTE.L - Drawdown Comparison

The maximum LEGR.L drawdown since its inception was -34.70%, smaller than the maximum CHTE.L drawdown of -50.28%. Use the drawdown chart below to compare losses from any high point for LEGR.L and CHTE.L.

Drawdown Indicators

	LEGR.L	CHTE.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.70%	-50.28%	+15.58%
Max Drawdown (1Y) Largest decline over 1 year	-9.73%	-26.80%	+17.07%
Max Drawdown (3Y) Largest decline over 3 years	-13.89%	-32.47%	+18.58%
Max Drawdown (5Y) Largest decline over 5 years	-31.56%	—	—
Current Drawdown Current decline from peak	-1.63%	-22.93%	+21.30%
Average Drawdown Average peak-to-trough decline	-6.64%	-27.48%	+20.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	15.07%	-12.43%

Volatility

LEGR.L vs. CHTE.L - Volatility Comparison

The current volatility for First Trust Indxx Innovative Transaction & Process UCITS ETF (LEGR.L) is 5.48%, while UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) has a volatility of 10.44%. This indicates that LEGR.L experiences smaller price fluctuations and is considered to be less risky than CHTE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEGR.L	CHTE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.48%	10.44%	-4.96%
Volatility (6M) Calculated over the trailing 6-month period	11.05%	18.43%	-7.38%
Volatility (1Y) Calculated over the trailing 1-year period	13.93%	25.76%	-11.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.73%	40.58%	-23.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.54%	40.58%	-22.04%

LEGR.L vs. CHTE.L - Expense Ratio Comparison

LEGR.L has a 0.65% expense ratio, which is higher than CHTE.L's 0.47% expense ratio.

Dividends

LEGR.L vs. CHTE.L - Dividend Comparison

Neither LEGR.L nor CHTE.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LEGR.L and CHTE.L in my portfolio?

LEGR.L and CHTE.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LEGR.L or CHTE.L?

On fees, CHTE.L is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LEGR.L or CHTE.L?

CHTE.L is cheaper with a 0.47% expense ratio, compared with 0.65% for LEGR.L.

What is the main difference between LEGR.L and CHTE.L?

Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: First Trust and UBS. Their fees differ too: 0.65% for LEGR.L and 0.47% for CHTE.L.