LGGE.DE vs. EUNY.DE
LGGE.DE (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) and EUNY.DE (iShares Emerging Markets Dividend UCITS ETF) are both exchange-traded funds - LGGE.DE is a Europe Equities fund tracking the FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality, while EUNY.DE is a Emerging Markets Equities fund tracking the Dow Jones Emerging Markets Select Dividend. Both are passively managed. Over the past 3 years, LGGE.DE returned 24.04%/yr vs 17.26%/yr for EUNY.DE. At a 0.50 correlation, their price movements are largely independent. LGGE.DE charges 0.25%/yr vs 0.65%/yr for EUNY.DE.
Performance
LGGE.DE vs. EUNY.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with LGGE.DE having a 11.27% return and EUNY.DE slightly higher at 11.46%.
LGGE.DE
- 1D
- 0.15%
- 1M
- -0.22%
- YTD
- 11.27%
- 6M
- 15.32%
- 1Y
- 26.49%
- 3Y*
- 24.04%
- 5Y*
- —
- 10Y*
- —
EUNY.DE
- 1D
- -0.55%
- 1M
- -1.57%
- YTD
- 11.46%
- 6M
- 10.81%
- 1Y
- 25.49%
- 3Y*
- 17.26%
- 5Y*
- 5.28%
- 10Y*
- 7.14%
LGGE.DE vs. EUNY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 11.27% | 38.29% | 14.07% | 17.18% | -3.86% | 7.23% |
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 11.46% | 13.97% | 12.39% | 15.37% | -26.13% | 6.78% |
Correlation
The correlation between LGGE.DE and EUNY.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.50 |
The correlation between LGGE.DE and EUNY.DE has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.
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
LGGE.DE vs. EUNY.DE — Risk / Return Rank
LGGE.DE
EUNY.DE
LGGE.DE vs. EUNY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) and iShares Emerging Markets Dividend UCITS ETF (EUNY.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.
| LGGE.DE | EUNY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.38 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.61 | 6.17 | -2.57 |
| Martin ratioReturn relative to average drawdown | 13.07 | 16.86 | -3.79 |
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
| LGGE.DE | EUNY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 2.13 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.34 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 0.22 | +0.90 |
Drawdowns
LGGE.DE vs. EUNY.DE - Drawdown Comparison
The maximum LGGE.DE drawdown since its inception was -20.11%, smaller than the maximum EUNY.DE drawdown of -40.65%. Use the drawdown chart below to compare losses from any high point for LGGE.DE and EUNY.DE.
Loading charts...
Drawdown Indicators
| LGGE.DE | EUNY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.11% | -40.65% | +20.54% |
Max Drawdown (1Y)Largest decline over 1 year | -7.28% | -4.11% | -3.17% |
Max Drawdown (3Y)Largest decline over 3 years | -14.71% | -15.70% | +0.99% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.29% | — |
Current DrawdownCurrent decline from peak | -2.09% | -2.82% | +0.73% |
Average DrawdownAverage peak-to-trough decline | -3.23% | -12.34% | +9.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 1.51% | +0.50% |
Volatility
LGGE.DE vs. EUNY.DE - Volatility Comparison
The current volatility for L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) is 3.60%, while iShares Emerging Markets Dividend UCITS ETF (EUNY.DE) has a volatility of 4.52%. This indicates that LGGE.DE experiences smaller price fluctuations and is considered to be less risky than EUNY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LGGE.DE | EUNY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.60% | 4.52% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 9.47% | 9.70% | -0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.99% | 11.90% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 15.58% | -0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.60% | 16.73% | -2.13% |
LGGE.DE vs. EUNY.DE - Expense Ratio Comparison
LGGE.DE has a 0.25% expense ratio, which is lower than EUNY.DE's 0.65% expense ratio.
Dividends
LGGE.DE vs. EUNY.DE - Dividend Comparison
LGGE.DE's dividend yield for the trailing twelve months is around 3.13%, less than EUNY.DE's 5.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 5.32% | 5.82% | 7.72% | 8.04% | 9.56% | 6.35% | 5.09% | 5.57% | 5.65% | 4.09% | 4.35% | 6.37% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 3.13% | 3.47% | 4.37% | 4.43% | 4.18% | 1.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LGGE.DE and EUNY.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGGE.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGGE.DE is cheaper with a 0.25% expense ratio, compared with 0.65% for EUNY.DE.
LGGE.DE is categorized as Europe Equities, while EUNY.DE is Emerging Markets Equities. LGGE.DE tracks FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality, while EUNY.DE tracks Dow Jones Emerging Markets Select Dividend. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.25% for LGGE.DE and 0.65% for EUNY.DE.
Find the right allocation for LGGE.DE and EUNY.DE
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