LGGG.L vs. FUQIX
Compare and contrast key facts about L&G Global Equity UCITS ETF (LGGG.L) and Fidelity SAI U.S. Quality Index Fund (FUQIX).
LGGG.L is a passively managed fund by Legal & General that tracks the performance of the MSCI ACWI NR USD. It was launched on Nov 7, 2018. FUQIX is managed by Fidelity. It was launched on Oct 8, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGGG.L or FUQIX.
Key characteristics
| LGGG.L | FUQIX | |
|---|---|---|
| YTD Return | 12.53% | 9.92% |
| 1Y Return | 17.80% | 18.29% |
| 3Y Return (Ann) | 9.09% | 7.57% |
| 5Y Return (Ann) | 11.82% | 14.74% |
| Sharpe Ratio | 1.69 | 1.13 |
| Daily Std Dev | 10.67% | 17.02% |
| Max Drawdown | -25.38% | -31.19% |
| Current Drawdown | -1.14% | -11.04% |
Correlation
The correlation between LGGG.L and FUQIX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LGGG.L vs. FUQIX - Performance Comparison
In the year-to-date period, LGGG.L achieves a 12.53% return, which is significantly higher than FUQIX's 9.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LGGG.L vs. FUQIX - Expense Ratio Comparison
Both LGGG.L and FUQIX have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
LGGG.L vs. FUQIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Global Equity UCITS ETF (LGGG.L) and Fidelity SAI U.S. Quality Index Fund (FUQIX). 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.
Dividends
LGGG.L vs. FUQIX - Dividend Comparison
LGGG.L has not paid dividends to shareholders, while FUQIX's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
LGGG.L L&G Global Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FUQIX Fidelity SAI U.S. Quality Index Fund | 1.36% | 2.38% | 1.42% | 8.55% | 9.46% | 13.68% | 2.41% | 3.79% | 1.57% | 0.29% |
Drawdowns
LGGG.L vs. FUQIX - Drawdown Comparison
The maximum LGGG.L drawdown since its inception was -25.38%, smaller than the maximum FUQIX drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for LGGG.L and FUQIX. For additional features, visit the drawdowns tool.
Volatility
LGGG.L vs. FUQIX - Volatility Comparison
The current volatility for L&G Global Equity UCITS ETF (LGGG.L) is 4.19%, while Fidelity SAI U.S. Quality Index Fund (FUQIX) has a volatility of 10.34%. This indicates that LGGG.L experiences smaller price fluctuations and is considered to be less risky than FUQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.