LGAG.L vs. ^GSPC
LGAG.L (L&G Asia Pacific ex Japan Equity UCITS ETF) is Asia Pacific Equities fund tracking the MSCI Pacific Ex Japan NR USD, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, LGAG.L returned 5.68%/yr vs 13.60%/yr for ^GSPC. At a 0.42 correlation, their price movements are largely independent.
Performance
LGAG.L vs. ^GSPC - Performance Comparison
Loading charts...
Different Trading Currencies
LGAG.L is traded in GBp, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, LGAG.L achieves a 8.78% return, which is significantly lower than ^GSPC's 11.24% return.
LGAG.L
- 1D
- -0.69%
- 1M
- 0.27%
- YTD
- 8.78%
- 6M
- 9.30%
- 1Y
- 17.23%
- 3Y*
- 10.29%
- 5Y*
- 5.68%
- 10Y*
- —
^GSPC
- 1D
- 0.41%
- 1M
- 5.44%
- YTD
- 11.24%
- 6M
- 9.84%
- 1Y
- 28.25%
- 3Y*
- 18.03%
- 5Y*
- 13.60%
- 10Y*
- 14.50%
LGAG.L vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LGAG.L L&G Asia Pacific ex Japan Equity UCITS ETF | 8.78% | 12.56% | 6.20% | -0.81% | 5.61% | 4.15% | 4.80% | 14.08% | -22.77% |
^GSPC S&P 500 Index | 11.24% | 8.10% | 25.46% | 18.02% | -9.86% | 28.09% | 12.84% | 23.98% | -8.32% |
Correlation
The correlation between LGAG.L and ^GSPC is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2018 | 0.42 |
The correlation between LGAG.L and ^GSPC shifts across timeframes, from 0.32 (3 years) to 0.42 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LGAG.L vs. ^GSPC — Risk / Return Rank
LGAG.L
^GSPC
LGAG.L vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Asia Pacific ex Japan Equity UCITS ETF (LGAG.L) and S&P 500 Index (^GSPC). 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.
| LGAG.L | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.46 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 3.53 | -1.16 |
| Martin ratioReturn relative to average drawdown | 6.97 | 13.19 | -6.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LGAG.L | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 2.46 | -0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.86 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.80 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.58 | -0.42 |
Drawdowns
LGAG.L vs. ^GSPC - Drawdown Comparison
The maximum LGAG.L drawdown since its inception was -35.16%, smaller than the maximum ^GSPC drawdown of -37.07%. Use the drawdown chart below to compare losses from any high point for LGAG.L and ^GSPC.
Loading charts...
Drawdown Indicators
| LGAG.L | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.16% | -37.07% | +1.91% |
Max Drawdown (1Y)Largest decline over 1 year | -7.24% | -8.03% | +0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -24.83% | -22.15% | -2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -24.83% | -22.15% | -2.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.01% | — |
Current DrawdownCurrent decline from peak | -3.09% | 0.00% | -3.09% |
Average DrawdownAverage peak-to-trough decline | -10.11% | -5.32% | -4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 2.15% | +0.32% |
Volatility
LGAG.L vs. ^GSPC - Volatility Comparison
L&G Asia Pacific ex Japan Equity UCITS ETF (LGAG.L) has a higher volatility of 3.98% compared to S&P 500 Index (^GSPC) at 2.60%. This indicates that LGAG.L's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LGAG.L | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 2.60% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 8.63% | 8.20% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.11% | 11.52% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.57% | 15.85% | +4.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.27% | 18.15% | +4.12% |
Frequently Asked Questions
LGAG.L and ^GSPC have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for LGAG.L and ^GSPC
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