LGGE.DE vs. MTVR.DE
LGGE.DE (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) and MTVR.DE (L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating) 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 MTVR.DE is a Technology Equities fund tracking the iStoxx Access Metaverse. Both are passively managed. Over the past 3 years, LGGE.DE returned 25.32%/yr vs 48.74%/yr for MTVR.DE. At a 0.43 correlation, their price movements are largely independent. LGGE.DE charges 0.25%/yr vs 0.39%/yr for MTVR.DE.
Performance
LGGE.DE vs. MTVR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LGGE.DE achieves a 12.88% return, which is significantly lower than MTVR.DE's 72.12% return.
LGGE.DE
- 1D
- 0.00%
- 1M
- 0.04%
- YTD
- 12.88%
- 6M
- 13.57%
- 1Y
- 30.01%
- 3Y*
- 25.32%
- 5Y*
- —
- 10Y*
- —
MTVR.DE
- 1D
- 0.00%
- 1M
- 2.61%
- YTD
- 72.12%
- 6M
- 76.58%
- 1Y
- 114.70%
- 3Y*
- 48.74%
- 5Y*
- —
- 10Y*
- —
LGGE.DE vs. MTVR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 12.88% | 38.29% | 14.07% | 17.18% | 9.04% |
MTVR.DE L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating | 72.12% | 23.08% | 29.91% | 63.34% | -13.29% |
Correlation
The correlation between LGGE.DE and MTVR.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022 | 0.43 |
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Return for Risk
LGGE.DE vs. MTVR.DE — Risk / Return Rank
LGGE.DE
MTVR.DE
LGGE.DE vs. MTVR.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 L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating (MTVR.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 | MTVR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.60 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.14 | 9.12 | -4.98 |
| Martin ratioReturn relative to average drawdown | 15.10 | 30.24 | -15.14 |
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Drawdowns
LGGE.DE vs. MTVR.DE - Drawdown Comparison
The maximum LGGE.DE drawdown since its inception was -20.11%, smaller than the maximum MTVR.DE drawdown of -30.86%. Use the drawdown chart below to compare losses from any high point for LGGE.DE and MTVR.DE.
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Drawdown Indicators
| LGGE.DE | MTVR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.11% | -30.86% | +10.75% |
Max Drawdown (1Y)Largest decline over 1 year | -7.28% | -12.65% | +5.37% |
Max Drawdown (3Y)Largest decline over 3 years | -14.71% | -30.86% | +16.15% |
Current DrawdownCurrent decline from peak | -1.29% | -5.21% | +3.92% |
Average DrawdownAverage peak-to-trough decline | -3.21% | -5.32% | +2.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 3.81% | -1.82% |
Volatility
LGGE.DE vs. MTVR.DE - Volatility Comparison
The current volatility for L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) is 2.68%, while L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating (MTVR.DE) has a volatility of 12.60%. This indicates that LGGE.DE experiences smaller price fluctuations and is considered to be less risky than MTVR.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 | MTVR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 12.60% | -9.92% |
Volatility (6M)Calculated over the trailing 6-month period | 9.76% | 21.89% | -12.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.20% | 28.17% | -15.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 25.87% | -11.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.57% | 25.87% | -11.30% |
LGGE.DE vs. MTVR.DE - Expense Ratio Comparison
LGGE.DE has a 0.25% expense ratio, which is lower than MTVR.DE's 0.39% expense ratio.
Dividends
LGGE.DE vs. MTVR.DE - Dividend Comparison
LGGE.DE's dividend yield for the trailing twelve months is around 3.57%, while MTVR.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 | 3.57% | 3.47% | 4.37% | 4.43% | 4.18% | 1.52% |
MTVR.DE L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LGGE.DE and MTVR.DE have a correlation of 0.34, 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 0.39% for MTVR.DE.
LGGE.DE is categorized as Europe Equities, while MTVR.DE is Technology Equities. LGGE.DE tracks FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality, while MTVR.DE tracks iStoxx Access Metaverse. Their fees differ too: 0.25% for LGGE.DE and 0.39% for MTVR.DE.
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