LGGE.DE vs. EXW3.DE
LGGE.DE (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) and EXW3.DE (iShares STOXX Europe 50 UCITS ETF (DE)) are both Europe Equities funds - LGGE.DE tracks the FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality while EXW3.DE tracks the STOXX® Europe 50. Both are passively managed. Over the past 5 years, LGGE.DE returned 17.05%/yr vs 12.14%/yr for EXW3.DE. Their correlation of 0.80 suggests significant overlap in exposure. LGGE.DE charges 0.25%/yr vs 0.52%/yr for EXW3.DE.
Performance
LGGE.DE vs. EXW3.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LGGE.DE achieves a 14.94% return, which is significantly higher than EXW3.DE's 13.53% return.
LGGE.DE
- 1D
- 0.00%
- 1M
- 0.51%
- 6M
- 11.71%
- YTD
- 14.94%
- 1Y
- 29.23%
- 3Y*
- 25.02%
- 5Y*
- 17.05%
- 10Y*
- —
EXW3.DE
- 1D
- -0.53%
- 1M
- -0.34%
- 6M
- 7.74%
- YTD
- 13.53%
- 1Y
- 24.57%
- 3Y*
- 14.51%
- 5Y*
- 12.14%
- 10Y*
- 9.73%
LGGE.DE vs. EXW3.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 | 14.94% | 38.29% | 14.07% | 17.18% | -3.86% | 6.81% |
EXW3.DE iShares STOXX Europe 50 UCITS ETF (DE) | 13.53% | 18.18% | 7.34% | 14.18% | -1.79% | 8.60% |
Correlation
The correlation between LGGE.DE and EXW3.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021 | 0.80 |
The correlation between LGGE.DE and EXW3.DE has been stable across timeframes, ranging from 0.73 to 0.80 - a consistent structural relationship.
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Return for Risk
LGGE.DE vs. EXW3.DE — Risk / Return Rank
LGGE.DE
EXW3.DE
LGGE.DE vs. EXW3.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 STOXX Europe 50 UCITS ETF (DE) (EXW3.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.
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.
| LGGE.DE | EXW3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.31 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | 2.57 | +1.46 |
| Martin ratioReturn relative to average drawdown | 14.67 | 9.49 | +5.18 |
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Drawdowns
LGGE.DE vs. EXW3.DE - Drawdown Comparison
The maximum LGGE.DE drawdown since its inception was -20.11%, smaller than the maximum EXW3.DE drawdown of -57.13%. Use the drawdown chart below to compare losses from any high point for LGGE.DE and EXW3.DE.
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Drawdown Indicators
| LGGE.DE | EXW3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.11% | -57.13% | +37.02% |
Max Drawdown (1Y)Largest decline over 1 year | -7.28% | -9.51% | +2.23% |
Max Drawdown (3Y)Largest decline over 3 years | -14.71% | -17.29% | +2.58% |
Max Drawdown (5Y)Largest decline over 5 years | -20.11% | -17.29% | -2.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.27% | — |
Current DrawdownCurrent decline from peak | -0.19% | -2.81% | +2.62% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -12.66% | +9.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 2.58% | -0.58% |
Volatility
LGGE.DE vs. EXW3.DE - Volatility Comparison
The current volatility for L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) is 2.74%, while iShares STOXX Europe 50 UCITS ETF (DE) (EXW3.DE) has a volatility of 3.68%. This indicates that LGGE.DE experiences smaller price fluctuations and is considered to be less risky than EXW3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGGE.DE | EXW3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.74% | 3.68% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 9.89% | 11.94% | -2.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.19% | 14.20% | -2.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.52% | 14.13% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.51% | 15.06% | -0.55% |
LGGE.DE vs. EXW3.DE - Expense Ratio Comparison
LGGE.DE has a 0.25% expense ratio, which is lower than EXW3.DE's 0.52% expense ratio.
Dividends
LGGE.DE vs. EXW3.DE - Dividend Comparison
LGGE.DE's dividend yield for the trailing twelve months is around 3.51%, more than EXW3.DE's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXW3.DE iShares STOXX Europe 50 UCITS ETF (DE) | 2.28% | 2.22% | 2.44% | 2.10% | 2.52% | 2.04% | 2.16% | 2.79% | 2.83% | 5.17% | 4.31% | 3.43% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 3.51% | 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 EXW3.DE have a correlation of 0.73, 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 0.52% for EXW3.DE.
LGGE.DE tracks FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality, while EXW3.DE tracks STOXX® Europe 50. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.25% for LGGE.DE and 0.52% for EXW3.DE.
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