LGGG.L vs. DRGN.L
LGGG.L (L&G Global Equity UCITS ETF) and DRGN.L (L&G China CNY Bond UCITS ETF) are both exchange-traded funds - LGGG.L is a Global Equities fund tracking the MSCI ACWI NR USD, while DRGN.L is a Emerging Markets Bonds fund actively managed by Legal & General. LGGG.L is passively managed, while DRGN.L is actively managed. Over the past 5 years, LGGG.L returned 13.23%/yr vs 3.36%/yr for DRGN.L. At a 0.12 correlation, their price movements are largely independent. LGGG.L charges 0.10%/yr vs 0.30%/yr for DRGN.L.
Performance
LGGG.L vs. DRGN.L - Performance Comparison
Loading charts...
Different Trading Currencies
LGGG.L is traded in GBp, while DRGN.L is traded in USD. To make them comparable, the DRGN.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, LGGG.L achieves a 10.12% return, which is significantly higher than DRGN.L's 5.05% return.
LGGG.L
- 1D
- 0.07%
- 1M
- 5.28%
- YTD
- 10.12%
- 6M
- 10.38%
- 1Y
- 27.26%
- 3Y*
- 17.85%
- 5Y*
- 13.23%
- 10Y*
- —
DRGN.L
- 1D
- -0.08%
- 1M
- 2.30%
- YTD
- 5.05%
- 6M
- 5.55%
- 1Y
- 9.27%
- 3Y*
- 2.36%
- 5Y*
- 3.36%
- 10Y*
- —
LGGG.L vs. DRGN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LGGG.L L&G Global Equity UCITS ETF | 10.12% | 12.92% | 21.13% | 18.08% | -8.24% | 23.53% | -0.66% |
DRGN.L L&G China CNY Bond UCITS ETF | 5.05% | -2.08% | 4.95% | -4.56% | 5.93% | 8.17% | -1.03% |
Correlation
The correlation between LGGG.L and DRGN.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2020 | 0.12 |
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
LGGG.L vs. DRGN.L — Risk / Return Rank
LGGG.L
DRGN.L
LGGG.L vs. DRGN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Global Equity UCITS ETF (LGGG.L) and L&G China CNY Bond UCITS ETF (DRGN.L). 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.
| LGGG.L | DRGN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.27 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 2.93 | +1.13 |
| Martin ratioReturn relative to average drawdown | 16.19 | 8.53 | +7.66 |
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
| LGGG.L | DRGN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.67 | 1.42 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 0.44 | +0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.38 | +0.53 |
Drawdowns
LGGG.L vs. DRGN.L - Drawdown Comparison
The maximum LGGG.L drawdown since its inception was -25.38%, which is greater than DRGN.L's maximum drawdown of -16.74%. Use the drawdown chart below to compare losses from any high point for LGGG.L and DRGN.L.
Loading charts...
Drawdown Indicators
| LGGG.L | DRGN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.38% | -16.74% | -8.64% |
Max Drawdown (1Y)Largest decline over 1 year | -6.67% | -3.15% | -3.52% |
Max Drawdown (3Y)Largest decline over 3 years | -18.68% | -9.14% | -9.54% |
Max Drawdown (5Y)Largest decline over 5 years | -18.68% | -16.74% | -1.94% |
Current DrawdownCurrent decline from peak | -0.15% | -5.57% | +5.42% |
Average DrawdownAverage peak-to-trough decline | -3.21% | -7.74% | +4.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 1.09% | +0.59% |
Volatility
LGGG.L vs. DRGN.L - Volatility Comparison
L&G Global Equity UCITS ETF (LGGG.L) has a higher volatility of 2.47% compared to L&G China CNY Bond UCITS ETF (DRGN.L) at 1.82%. This indicates that LGGG.L's price experiences larger fluctuations and is considered to be riskier than DRGN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LGGG.L | DRGN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.47% | 1.82% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 7.32% | 5.18% | +2.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.16% | 6.51% | +3.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.19% | 7.58% | +5.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.09% | 7.55% | +7.54% |
LGGG.L vs. DRGN.L - Expense Ratio Comparison
LGGG.L has a 0.10% expense ratio, which is lower than DRGN.L's 0.30% expense ratio.
Dividends
LGGG.L vs. DRGN.L - Dividend Comparison
LGGG.L has not paid dividends to shareholders, while DRGN.L's dividend yield for the trailing twelve months is around 1.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DRGN.L L&G China CNY Bond UCITS ETF | 1.63% | 1.94% | 2.31% | 2.45% | 2.76% | 1.44% |
LGGG.L L&G Global Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LGGG.L and DRGN.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGGG.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGGG.L is cheaper with a 0.10% expense ratio, compared with 0.30% for DRGN.L.
LGGG.L is categorized as Global Equities, while DRGN.L is Emerging Markets Bonds. Their fees differ too: 0.10% for LGGG.L and 0.30% for DRGN.L.
Find the right allocation for LGGG.L and DRGN.L
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