LGAG.L vs. VGEK.DE
LGAG.L (L&G Asia Pacific ex Japan Equity UCITS ETF) and VGEK.DE (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating) are both Asia Pacific Equities funds - LGAG.L tracks the MSCI Pacific Ex Japan NR USD while VGEK.DE tracks the FTSE Developed Asia Pacific ex Japan. Both are passively managed. Over the past 5 years, LGAG.L returned 5.68%/yr vs 12.99%/yr for VGEK.DE. Their correlation of 0.83 suggests significant overlap in exposure. LGAG.L charges 0.10%/yr vs 0.15%/yr for VGEK.DE.
Performance
LGAG.L vs. VGEK.DE - Performance Comparison
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Different Trading Currencies
LGAG.L is traded in GBp, while VGEK.DE is traded in EUR. To make them comparable, the VGEK.DE 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 VGEK.DE's 48.35% 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*
- —
VGEK.DE
- 1D
- -3.10%
- 1M
- 10.46%
- YTD
- 48.35%
- 6M
- 54.20%
- 1Y
- 84.79%
- 3Y*
- 25.02%
- 5Y*
- 12.99%
- 10Y*
- —
LGAG.L vs. VGEK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
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% | -0.69% |
VGEK.DE Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating | 48.35% | 31.53% | -3.38% | 4.30% | -2.29% | 1.67% | 14.33% | 2.47% |
Correlation
The correlation between LGAG.L and VGEK.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019 | 0.83 |
The correlation between LGAG.L and VGEK.DE shifts across timeframes, from 0.66 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LGAG.L vs. VGEK.DE — Risk / Return Rank
LGAG.L
VGEK.DE
LGAG.L vs. VGEK.DE - 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 Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating (VGEK.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.
| LGAG.L | VGEK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.73 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 6.41 | -4.04 |
| Martin ratioReturn relative to average drawdown | 6.97 | 23.93 | -16.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LGAG.L | VGEK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 4.14 | -2.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.80 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.69 | -0.53 |
Drawdowns
LGAG.L vs. VGEK.DE - Drawdown Comparison
The maximum LGAG.L drawdown since its inception was -35.16%, which is greater than VGEK.DE's maximum drawdown of -30.89%. Use the drawdown chart below to compare losses from any high point for LGAG.L and VGEK.DE.
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Drawdown Indicators
| LGAG.L | VGEK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.16% | -30.89% | -4.27% |
Max Drawdown (1Y)Largest decline over 1 year | -7.24% | -13.16% | +5.92% |
Max Drawdown (3Y)Largest decline over 3 years | -24.83% | -18.00% | -6.83% |
Max Drawdown (5Y)Largest decline over 5 years | -24.83% | -18.90% | -5.93% |
Current DrawdownCurrent decline from peak | -3.09% | -3.57% | +0.48% |
Average DrawdownAverage peak-to-trough decline | -10.11% | -5.87% | -4.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 3.53% | -1.06% |
Volatility
LGAG.L vs. VGEK.DE - Volatility Comparison
The current volatility for L&G Asia Pacific ex Japan Equity UCITS ETF (LGAG.L) is 3.98%, while Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating (VGEK.DE) has a volatility of 10.12%. This indicates that LGAG.L experiences smaller price fluctuations and is considered to be less risky than VGEK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGAG.L | VGEK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 10.12% | -6.14% |
Volatility (6M)Calculated over the trailing 6-month period | 8.63% | 18.17% | -9.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.11% | 20.41% | -9.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.57% | 16.11% | +4.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.27% | 18.91% | +3.36% |
LGAG.L vs. VGEK.DE - Expense Ratio Comparison
LGAG.L has a 0.10% expense ratio, which is lower than VGEK.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LGAG.L vs. VGEK.DE - Dividend Comparison
Neither LGAG.L nor VGEK.DE has paid dividends to shareholders.
Frequently Asked Questions
LGAG.L and VGEK.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGAG.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGAG.L is cheaper with a 0.10% expense ratio, compared with 0.15% for VGEK.DE.
LGAG.L tracks MSCI Pacific Ex Japan NR USD, while VGEK.DE tracks FTSE Developed Asia Pacific ex Japan. They also come from different issuers: Legal & General and Vanguard. Their fees differ too: 0.10% for LGAG.L and 0.15% for VGEK.DE.
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