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LGEN.L vs. VUSA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LGEN.L vs. VUSA.L

Last updated Jul 21, 2026
Documentation

LGEN.L (Legal & General Group plc) is a stock, while VUSA.L (Vanguard S&P 500 UCITS ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, LGEN.L returned 12.16%/yr vs 14.45%/yr for VUSA.L. At a 0.41 correlation, their price movements are largely independent.

Performance

LGEN.L vs. VUSA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Legal & General Group plc (LGEN.L) and Vanguard S&P 500 UCITS ETF (VUSA.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

LGEN.L is traded in GBp, while VUSA.L is traded in GBP. To make them comparable, the VUSA.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, LGEN.L achieves a 20.10% return, which is significantly higher than VUSA.L's 9.45% return. Over the past 10 years, LGEN.L has underperformed VUSA.L with an annualized return of 12.16%, while VUSA.L has yielded a comparatively higher 14.45% annualized return.

LGEN.L

1D
-0.67%
1M
4.59%
6M
17.50%
YTD
20.10%
1Y
25.39%
3Y*
18.37%
5Y*
10.98%
10Y*
12.16%
ALL TIME*
10.36%

VUSA.L

1D
0.36%
1M
-1.56%
6M
9.55%
YTD
9.45%
1Y
20.18%
3Y*
17.62%
5Y*
13.22%
10Y*
14.45%
ALL TIME*
16.14%
*Multi-year figures are annualized to reflect compound growth (CAGR)

LGEN.L vs. VUSA.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
LGEN.L
Legal & General Group plc		20.10%24.31%-0.17%9.34%-10.20%19.04%-4.25%39.75%-10.39%16.77%
VUSA.L
Vanguard S&P 500 UCITS ETF		9.45%9.39%27.33%19.82%-9.02%30.97%13.65%26.53%-0.10%10.72%

Correlation

The correlation between LGEN.L and VUSA.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.27

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

0.29

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

0.36

Correlation (10Y)
Calculated over the trailing 10-year period

0.38

Correlation (All Time)
Calculated using the full available price history since May 22, 2012

0.41

The correlation between LGEN.L and VUSA.L shifts across timeframes, from 0.27 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Legal & General Group plc

Vanguard S&P 500 UCITS ETF

Often compared with LGEN.L:
LGEN.L vs. AV.LLGEN.L vs. MNG.LLGEN.L vs. BATS.LLGEN.L vs. NG.LLGEN.L vs. VOOLGEN.L vs. IUKD.LLGEN.L vs. ANXG.L
Often compared with VUSA.L:
VUSA.L vs. CSPX.ASVUSA.L vs. VOOVUSA.L vs. VWRL.LVUSA.L vs. SGLN.LVUSA.L vs. VNRT.LVUSA.L vs. VUSA.DEVUSA.L vs. VUKE.L

Return for Risk

LGEN.L vs. VUSA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LGEN.L
LGEN.L Risk / Return Rank: 7777
Overall Rank
LGEN.L Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
LGEN.L Sortino Ratio Rank: 7474
Sortino Ratio Rank
LGEN.L Omega Ratio Rank: 7676
Omega Ratio Rank
LGEN.L Calmar Ratio Rank: 7777
Calmar Ratio Rank
LGEN.L Martin Ratio Rank: 7979
Martin Ratio Rank
VUSA.L
VUSA.L Risk / Return Rank: 7676
Overall Rank
VUSA.L Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
VUSA.L Sortino Ratio Rank: 7575
Sortino Ratio Rank
VUSA.L Omega Ratio Rank: 7777
Omega Ratio Rank
VUSA.L Calmar Ratio Rank: 7575
Calmar Ratio Rank
VUSA.L Martin Ratio Rank: 7575
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.

LGEN.L vs. VUSA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Legal & General Group plc (LGEN.L) and Vanguard S&P 500 UCITS ETF (VUSA.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.

LGEN.LVUSA.LDifference
Sharpe ratioReturn per unit of total volatility
1.23
1.85

-0.62

Sortino ratioReturn per unit of downside risk
1.69
2.54

-0.85

Omega ratioGain probability vs. loss probability

1.23

1.34

-0.11

Calmar ratioReturn relative to maximum drawdown

1.78

2.83

-1.04

Martin ratioReturn relative to average drawdown

4.93

10.12

-5.19

LGEN.L vs. VUSA.L - Sharpe Ratio Comparison

The current LGEN.L Sharpe Ratio is 1.23, which is lower than the VUSA.L Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of LGEN.L and VUSA.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.

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Drawdowns

LGEN.L vs. VUSA.L - Drawdown Comparison

The maximum LGEN.L drawdown since its inception was -84.94%, which is greater than VUSA.L's maximum drawdown of -25.48%. Use the drawdown chart below to compare losses from any high point for LGEN.L and VUSA.L.

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Drawdown Indicators

LGEN.LVUSA.LDifference

Max Drawdown

Largest peak-to-trough decline

-84.94%

-25.48%

-59.46%

Max Drawdown (1Y)

Largest decline over 1 year

-14.17%

-7.10%

-7.07%

Max Drawdown (3Y)

Largest decline over 3 years

-15.59%

-20.93%

+5.34%

Max Drawdown (5Y)

Largest decline over 5 years

-29.00%

-20.93%

-8.07%

Max Drawdown (10Y)

Largest decline over 10 years

-56.47%

-25.48%

-30.99%

Current Drawdown

Current decline from peak

-0.67%

-1.56%

+0.89%

Average Drawdown

Average peak-to-trough decline

-14.01%

-3.14%

-10.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.12%

1.99%

+3.13%

Volatility

LGEN.L vs. VUSA.L - Volatility Comparison

Legal & General Group plc (LGEN.L) has a higher volatility of 4.10% compared to Vanguard S&P 500 UCITS ETF (VUSA.L) at 2.97%. This indicates that LGEN.L's price experiences larger fluctuations and is considered to be riskier than VUSA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

LGEN.LVUSA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.10%

2.97%

+1.13%

Volatility (6M)

Calculated over the trailing 6-month period

17.17%

7.59%

+9.58%

Volatility (1Y)

Calculated over the trailing 1-year period

20.67%

10.90%

+9.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.90%

14.35%

+9.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.23%

15.52%

+13.71%

Dividends

LGEN.L vs. VUSA.L - Dividend Comparison

LGEN.L's dividend yield for the trailing twelve months is around 7.36%, more than VUSA.L's 0.89% yield.

PositionTTM20252024202320222021202020192018201720162015
LGEN.L
Legal & General Group plc		7.36%8.20%8.98%7.82%7.50%5.99%6.60%5.53%6.77%5.36%5.63%4.41%
VUSA.L
Vanguard S&P 500 UCITS ETF		0.89%0.95%1.00%1.24%1.41%1.04%1.44%1.50%1.72%1.61%1.58%1.74%

Frequently Asked Questions

LGEN.L and VUSA.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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