LGGE.DE vs. MIVA.DE
LGGE.DE (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) and MIVA.DE (Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C)) 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 MIVA.DE tracks the MSCI Europe Minimum Volatility. Both are passively managed. Over the past 3 years, LGGE.DE returned 24.04%/yr vs 10.24%/yr for MIVA.DE. A 0.73 correlation means they provide meaningful diversification when combined. LGGE.DE charges 0.25%/yr vs 0.23%/yr for MIVA.DE.
Performance
LGGE.DE vs. MIVA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LGGE.DE achieves a 11.27% return, which is significantly higher than MIVA.DE's 5.31% return.
LGGE.DE
- 1D
- 0.15%
- 1M
- -0.22%
- YTD
- 11.27%
- 6M
- 15.32%
- 1Y
- 26.49%
- 3Y*
- 24.04%
- 5Y*
- —
- 10Y*
- —
MIVA.DE
- 1D
- 0.58%
- 1M
- 0.53%
- YTD
- 5.31%
- 6M
- 6.68%
- 1Y
- 5.26%
- 3Y*
- 10.24%
- 5Y*
- 7.20%
- 10Y*
- 6.51%
LGGE.DE vs. MIVA.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% |
MIVA.DE Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) | 5.31% | 12.05% | 11.43% | 10.68% | -13.34% | 7.68% |
Correlation
The correlation between LGGE.DE and MIVA.DE is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.73 |
The correlation between LGGE.DE and MIVA.DE has been stable across timeframes, ranging from 0.67 to 0.73 - 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. MIVA.DE — Risk / Return Rank
LGGE.DE
MIVA.DE
LGGE.DE vs. MIVA.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 Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.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 | MIVA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.59 | ||
| Sortino ratioReturn per unit of downside risk | +2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.11 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.61 | 0.75 | +2.85 |
| Martin ratioReturn relative to average drawdown | 13.07 | 1.96 | +11.10 |
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 | MIVA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 0.60 | +1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 0.53 | +0.60 |
Drawdowns
LGGE.DE vs. MIVA.DE - Drawdown Comparison
The maximum LGGE.DE drawdown since its inception was -20.11%, smaller than the maximum MIVA.DE drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for LGGE.DE and MIVA.DE.
Loading charts...
Drawdown Indicators
| LGGE.DE | MIVA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.11% | -30.57% | +10.46% |
Max Drawdown (1Y)Largest decline over 1 year | -7.28% | -6.94% | -0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -14.71% | -11.02% | -3.69% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.69% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.57% | — |
Current DrawdownCurrent decline from peak | -2.09% | -3.21% | +1.12% |
Average DrawdownAverage peak-to-trough decline | -3.23% | -5.64% | +2.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 2.67% | -0.66% |
Volatility
LGGE.DE vs. MIVA.DE - Volatility Comparison
L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) has a higher volatility of 3.60% compared to Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.DE) at 3.14%. This indicates that LGGE.DE's price experiences larger fluctuations and is considered to be riskier than MIVA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LGGE.DE | MIVA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.60% | 3.14% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 9.47% | 7.19% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.99% | 8.76% | +3.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 10.96% | +3.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.60% | 12.34% | +2.26% |
LGGE.DE vs. MIVA.DE - Expense Ratio Comparison
LGGE.DE has a 0.25% expense ratio, which is higher than MIVA.DE's 0.23% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LGGE.DE vs. MIVA.DE - Dividend Comparison
LGGE.DE's dividend yield for the trailing twelve months is around 3.13%, while MIVA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
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% |
MIVA.DE Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LGGE.DE and MIVA.DE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MIVA.DE is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MIVA.DE is cheaper with a 0.23% expense ratio, compared with 0.25% for LGGE.DE.
LGGE.DE tracks FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality, while MIVA.DE tracks MSCI Europe Minimum Volatility. They also come from different issuers: Legal & General and Amundi. Their fees differ too: 0.25% for LGGE.DE and 0.23% for MIVA.DE.
Find the right allocation for LGGE.DE and MIVA.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