LGGG.L vs. NXTG.L
LGGG.L (L&G Global Equity UCITS ETF) and NXTG.L (First Trust Indxx NextG UCITS ETF) are both Global Equities funds - LGGG.L tracks the MSCI ACWI NR USD while NXTG.L tracks the First Trust Indxx NextG UCITS ETF. Both are passively managed. Over the past 5 years, LGGG.L returned 12.29%/yr vs 9.76%/yr for NXTG.L. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
LGGG.L vs. NXTG.L - Performance Comparison
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Returns By Period
In the year-to-date period, LGGG.L achieves a 10.04% return, which is significantly lower than NXTG.L's 39.36% return.
LGGG.L
- 1D
- -0.56%
- 1M
- -0.29%
- 6M
- 8.79%
- YTD
- 10.04%
- 1Y
- 21.35%
- 3Y*
- 17.96%
- 5Y*
- 12.29%
- 10Y*
- —
NXTG.L
- 1D
- -0.50%
- 1M
- -5.27%
- 6M
- 36.55%
- YTD
- 39.36%
- 1Y
- 56.77%
- 3Y*
- 16.78%
- 5Y*
- 9.76%
- 10Y*
- 6.94%
LGGG.L vs. NXTG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LGGG.L L&G Global Equity UCITS ETF | 10.04% | 12.92% | 21.13% | 18.08% | -8.24% | 23.53% | 12.41% | 22.99% | -27.80% |
NXTG.L First Trust Indxx NextG UCITS ETF | 39.36% | 19.23% | 14.96% | 0.29% | -24.39% | 15.88% | 4.17% | 8.33% | -8.64% |
Correlation
The correlation between LGGG.L and NXTG.L is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2018 | 0.62 |
The correlation between LGGG.L and NXTG.L shifts across timeframes, from 0.62 (all time) to 0.76 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LGGG.L vs. NXTG.L — Risk / Return Rank
LGGG.L
NXTG.L
LGGG.L vs. NXTG.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 First Trust Indxx NextG UCITS ETF (NXTG.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.
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.
| LGGG.L | NXTG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.50 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 2.26 | +0.93 |
| Martin ratioReturn relative to average drawdown | 12.36 | 4.72 | +7.63 |
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Drawdowns
LGGG.L vs. NXTG.L - Drawdown Comparison
The maximum LGGG.L drawdown since its inception was -30.19%, smaller than the maximum NXTG.L drawdown of -45.94%. Use the drawdown chart below to compare losses from any high point for LGGG.L and NXTG.L.
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Drawdown Indicators
| LGGG.L | NXTG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.19% | -45.94% | +15.75% |
Max Drawdown (1Y)Largest decline over 1 year | -6.67% | -25.38% | +18.71% |
Max Drawdown (3Y)Largest decline over 3 years | -19.95% | -31.89% | +11.94% |
Max Drawdown (5Y)Largest decline over 5 years | -19.95% | -32.91% | +12.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.94% | — |
Current DrawdownCurrent decline from peak | -1.02% | -9.51% | +8.49% |
Average DrawdownAverage peak-to-trough decline | -7.13% | -19.86% | +12.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 12.16% | -10.44% |
Volatility
LGGG.L vs. NXTG.L - Volatility Comparison
The current volatility for L&G Global Equity UCITS ETF (LGGG.L) is 2.65%, while First Trust Indxx NextG UCITS ETF (NXTG.L) has a volatility of 6.66%. This indicates that LGGG.L experiences smaller price fluctuations and is considered to be less risky than NXTG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGGG.L | NXTG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 6.66% | -4.01% |
Volatility (6M)Calculated over the trailing 6-month period | 7.91% | 15.57% | -7.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.55% | 46.75% | -36.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.13% | 43.04% | -23.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.30% | 32.80% | -12.50% |
Dividends
LGGG.L vs. NXTG.L - Dividend Comparison
Neither LGGG.L nor NXTG.L has paid dividends to shareholders.
Frequently Asked Questions
LGGG.L and NXTG.L have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LGGG.L tracks MSCI ACWI NR USD, while NXTG.L tracks First Trust Indxx NextG UCITS ETF. They also come from different issuers: Legal & General and First Trust.
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