LGGA.DE vs. MHEIX

Last updated Jun 5, 2026

LGGA.DE (L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF) and MHEIX (MH Elite Income Fund of Funds) are both funds - LGGA.DE is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific ex Japan All Cap ex CW ex TC ex REITS Dividend Growth with Quality, while MHEIX is a Global Allocation fund managed by MH Elite. Over the past 3 years, LGGA.DE returned 18.10%/yr vs 3.51%/yr for MHEIX. At a 0.14 correlation, their price movements are largely independent. LGGA.DE charges 0.40%/yr vs 1.25%/yr for MHEIX.

Performance

LGGA.DE vs. MHEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LGGA.DE) and MH Elite Income Fund of Funds (MHEIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LGGA.DE is traded in EUR, while MHEIX is traded in USD. To make them comparable, the MHEIX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, LGGA.DE achieves a 17.67% return, which is significantly higher than MHEIX's 3.59% return.

LGGA.DE

• 1D: -0.60%
• 1M: 0.57%
• YTD: 17.67%
• 6M: 17.01%
• 1Y: 34.87%
• 3Y*: 18.10%
• 5Y*: —
• 10Y*: —

MHEIX

• 1D: 0.46%
• 1M: 1.18%
• YTD: 3.59%
• 6M: 3.07%
• 1Y: 7.13%
• 3Y*: 3.51%
• 5Y*: 3.14%
• 10Y*: 2.99%

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

LGGA.DE vs. MHEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LGGA.DE L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF	17.67%	21.16%	9.89%	5.48%	-3.83%	1.07%
MHEIX MH Elite Income Fund of Funds	3.59%	-7.67%	12.97%	4.33%	-4.25%	4.46%

Correlation

The correlation between LGGA.DE and MHEIX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021	0.14

The correlation between LGGA.DE and MHEIX shifts across timeframes, from 0.01 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LGGA.DE vs. MHEIX — Risk / Return Rank

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

LGGA.DE

LGGA.DE Risk / Return Rank: 73
LGGA.DE Sharpe Ratio Rank: 75
LGGA.DE Sortino Ratio Rank: 74
LGGA.DE Omega Ratio Rank: 74
LGGA.DE Calmar Ratio Rank: 78
LGGA.DE Martin Ratio Rank: 63

MHEIX

MHEIX Risk / Return Rank: 34
MHEIX Sharpe Ratio Rank: 26
MHEIX Sortino Ratio Rank: 26
MHEIX Omega Ratio Rank: 69
MHEIX Calmar Ratio Rank: 29
MHEIX Martin Ratio Rank: 20

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.

LGGA.DE vs. MHEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LGGA.DE) and MH Elite Income Fund of Funds (MHEIX). 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.

	LGGA.DE	MHEIX	Difference
Sharpe ratio: Return per unit of total volatility	2.39	0.77	+1.62
Sortino ratio: Return per unit of downside risk	3.29	1.12	+2.18
Omega ratio: Gain probability vs. loss probability	1.43	1.16	+0.27
Calmar ratio: Return relative to maximum drawdown	3.91	1.12	+2.79
Martin ratio: Return relative to average drawdown	11.16	2.95	+8.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGGA.DE vs. MHEIX - Sharpe Ratio Comparison

The current LGGA.DE Sharpe Ratio is 2.39, which is higher than the MHEIX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of LGGA.DE and MHEIX, 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

	LGGA.DE	MHEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	0.77	+1.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.50	+0.23

Drawdowns

LGGA.DE vs. MHEIX - Drawdown Comparison

The maximum LGGA.DE drawdown since its inception was -17.88%, which is greater than MHEIX's maximum drawdown of -16.74%. Use the drawdown chart below to compare losses from any high point for LGGA.DE and MHEIX.

Drawdown Indicators

	LGGA.DE	MHEIX	Difference
Max Drawdown Largest peak-to-trough decline	-17.88%	-16.74%	-1.14%
Max Drawdown (1Y) Largest decline over 1 year	-8.87%	-6.01%	-2.86%
Max Drawdown (3Y) Largest decline over 3 years	-17.88%	-14.40%	-3.48%
Max Drawdown (5Y) Largest decline over 5 years	—	-14.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-16.74%	—
Current Drawdown Current decline from peak	-1.58%	-5.35%	+3.77%
Average Drawdown Average peak-to-trough decline	-4.82%	-5.09%	+0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	2.28%	+0.84%

Volatility

LGGA.DE vs. MHEIX - Volatility Comparison

L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LGGA.DE) has a higher volatility of 4.89% compared to MH Elite Income Fund of Funds (MHEIX) at 1.82%. This indicates that LGGA.DE's price experiences larger fluctuations and is considered to be riskier than MHEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGGA.DE	MHEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.89%	1.82%	+3.07%
Volatility (6M) Calculated over the trailing 6-month period	11.17%	7.28%	+3.89%
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	8.82%	+5.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.77%	8.52%	+5.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.77%	8.25%	+5.52%

LGGA.DE vs. MHEIX - Expense Ratio Comparison

LGGA.DE has a 0.40% expense ratio, which is lower than MHEIX's 1.25% expense ratio.

Dividends

LGGA.DE vs. MHEIX - Dividend Comparison

LGGA.DE's dividend yield for the trailing twelve months is around 3.76%, more than MHEIX's 3.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LGGA.DE L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF	3.76%	4.29%	4.70%	5.40%	4.98%	1.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MHEIX MH Elite Income Fund of Funds	3.71%	0.00%	3.33%	2.38%	3.17%	1.49%	2.30%	2.21%	2.10%	1.69%	2.48%	2.87%

Frequently Asked Questions

Can I hold both LGGA.DE and MHEIX in my portfolio?

LGGA.DE and MHEIX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.