LGGL.L vs. XWEV.L
LGGL.L (L&G Global Equity UCITS ETF) and XWEV.L (Xtrackers MSCI World Value ESG UCITS ETF 1C) are both Global Equities funds - LGGL.L tracks the Solactive Core Developed Markets Large & Mid Cap USD Index NTR while XWEV.L tracks the MSCI World Value Low Carbon SRI Screened Select. Both are passively managed. Over the past year, LGGL.L returned 22.62% vs 40.61% for XWEV.L. Their correlation of 0.89 suggests significant overlap in exposure. LGGL.L charges 0.10%/yr vs 0.25%/yr for XWEV.L.
Performance
LGGL.L vs. XWEV.L - Performance Comparison
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Returns By Period
In the year-to-date period, LGGL.L achieves a 8.05% return, which is significantly lower than XWEV.L's 15.55% return.
LGGL.L
- 1D
- 0.34%
- 1M
- -0.67%
- YTD
- 8.05%
- 6M
- 7.84%
- 1Y
- 22.62%
- 3Y*
- 19.89%
- 5Y*
- 11.42%
- 10Y*
- —
XWEV.L
- 1D
- 0.00%
- 1M
- 0.46%
- YTD
- 15.55%
- 6M
- 15.56%
- 1Y
- 40.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LGGL.L vs. XWEV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LGGL.L L&G Global Equity UCITS ETF | 8.05% | 21.18% | 19.20% | 7.84% |
XWEV.L Xtrackers MSCI World Value ESG UCITS ETF 1C | 15.55% | 38.58% | 6.98% | 7.84% |
Correlation
The correlation between LGGL.L and XWEV.L is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023 | 0.89 |
The correlation between LGGL.L and XWEV.L has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.
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Return for Risk
LGGL.L vs. XWEV.L — Risk / Return Rank
LGGL.L
XWEV.L
LGGL.L vs. XWEV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Global Equity UCITS ETF (LGGL.L) and Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.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.
| LGGL.L | XWEV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.48 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 3.90 | -1.22 |
| Martin ratioReturn relative to average drawdown | 11.15 | 15.07 | -3.92 |
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Drawdowns
LGGL.L vs. XWEV.L - Drawdown Comparison
The maximum LGGL.L drawdown since its inception was -33.89%, which is greater than XWEV.L's maximum drawdown of -14.23%. Use the drawdown chart below to compare losses from any high point for LGGL.L and XWEV.L.
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Drawdown Indicators
| LGGL.L | XWEV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.89% | -14.23% | -19.66% |
Max Drawdown (1Y)Largest decline over 1 year | -8.42% | -10.37% | +1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -17.79% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.76% | — | — |
Current DrawdownCurrent decline from peak | -2.12% | -3.13% | +1.01% |
Average DrawdownAverage peak-to-trough decline | -4.94% | -2.33% | -2.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 2.69% | -0.67% |
Volatility
LGGL.L vs. XWEV.L - Volatility Comparison
The current volatility for L&G Global Equity UCITS ETF (LGGL.L) is 3.84%, while Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) has a volatility of 5.10%. This indicates that LGGL.L experiences smaller price fluctuations and is considered to be less risky than XWEV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGGL.L | XWEV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | 5.10% | -1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 9.72% | 12.49% | -2.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.26% | 15.26% | -3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.64% | 15.11% | +0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.15% | 15.11% | +2.04% |
LGGL.L vs. XWEV.L - Expense Ratio Comparison
LGGL.L has a 0.10% expense ratio, which is lower than XWEV.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LGGL.L vs. XWEV.L - Dividend Comparison
Neither LGGL.L nor XWEV.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, LGGL.L and XWEV.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, LGGL.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGGL.L is cheaper with a 0.10% expense ratio, compared with 0.25% for XWEV.L.
LGGL.L tracks Solactive Core Developed Markets Large & Mid Cap USD Index NTR, while XWEV.L tracks MSCI World Value Low Carbon SRI Screened Select. They also come from different issuers: L&G and Xtrackers. Their fees differ too: 0.10% for LGGL.L and 0.25% for XWEV.L.
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