LGUG.L vs. EEDM.L
LGUG.L (L&G US Equity UCITS ETF) and EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) are both exchange-traded funds - LGUG.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while EEDM.L is a Emerging Markets Equities fund tracking the MSCI EM ESG Enhanced CTB Index. Both are passively managed. Over the past 5 years, LGUG.L returned 13.30%/yr vs 6.71%/yr for EEDM.L. A 0.55 correlation means they provide meaningful diversification when combined. LGUG.L charges 0.05%/yr vs 0.18%/yr for EEDM.L.
Performance
LGUG.L vs. EEDM.L - Performance Comparison
Loading charts...
Different Trading Currencies
LGUG.L is traded in GBp, while EEDM.L is traded in USD. To make them comparable, the EEDM.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, LGUG.L achieves a 10.09% return, which is significantly lower than EEDM.L's 18.62% return.
LGUG.L
- 1D
- -0.36%
- 1M
- -0.25%
- 6M
- 10.15%
- YTD
- 10.09%
- 1Y
- 20.82%
- 3Y*
- 19.28%
- 5Y*
- 13.30%
- 10Y*
- —
EEDM.L
- 1D
- 0.00%
- 1M
- -7.27%
- 6M
- 13.23%
- YTD
- 18.62%
- 1Y
- 33.73%
- 3Y*
- 18.46%
- 5Y*
- 6.71%
- 10Y*
- —
LGUG.L vs. EEDM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LGUG.L L&G US Equity UCITS ETF | 10.09% | 9.75% | 27.44% | 21.53% | -10.98% | 29.52% | 17.11% | 5.09% |
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 18.62% | 25.83% | 8.57% | 2.77% | -12.38% | -1.93% | 16.24% | 3.81% |
Correlation
The correlation between LGUG.L and EEDM.L is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2019 | 0.55 |
The correlation between LGUG.L and EEDM.L has been stable across timeframes, ranging from 0.50 to 0.56 - a consistent structural relationship.
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
LGUG.L vs. EEDM.L — Risk / Return Rank
LGUG.L
EEDM.L
LGUG.L vs. EEDM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G US Equity UCITS ETF (LGUG.L) and iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.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.
| LGUG.L | EEDM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 3.04 | -0.45 |
| Martin ratioReturn relative to average drawdown | 8.60 | 8.60 | -0.01 |
Loading charts...
Drawdowns
LGUG.L vs. EEDM.L - Drawdown Comparison
The maximum LGUG.L drawdown since its inception was -30.90%, which is greater than EEDM.L's maximum drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for LGUG.L and EEDM.L.
Loading charts...
Drawdown Indicators
| LGUG.L | EEDM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.90% | -27.49% | -3.41% |
Max Drawdown (1Y)Largest decline over 1 year | -8.01% | -11.08% | +3.07% |
Max Drawdown (3Y)Largest decline over 3 years | -21.49% | -15.81% | -5.68% |
Max Drawdown (5Y)Largest decline over 5 years | -21.49% | -22.89% | +1.40% |
Current DrawdownCurrent decline from peak | -0.95% | -10.27% | +9.32% |
Average DrawdownAverage peak-to-trough decline | -7.07% | -11.96% | +4.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 3.92% | -1.50% |
Volatility
LGUG.L vs. EEDM.L - Volatility Comparison
The current volatility for L&G US Equity UCITS ETF (LGUG.L) is 2.97%, while iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) has a volatility of 8.97%. This indicates that LGUG.L experiences smaller price fluctuations and is considered to be less risky than EEDM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LGUG.L | EEDM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 8.97% | -6.00% |
Volatility (6M)Calculated over the trailing 6-month period | 8.12% | 18.83% | -10.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.33% | 20.75% | -9.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.34% | 17.79% | +2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.39% | 19.28% | +2.11% |
LGUG.L vs. EEDM.L - Expense Ratio Comparison
LGUG.L has a 0.05% expense ratio, which is lower than EEDM.L's 0.18% 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
LGUG.L vs. EEDM.L - Dividend Comparison
LGUG.L has not paid dividends to shareholders, while EEDM.L's dividend yield for the trailing twelve months is around 1.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 1.65% | 1.89% | 2.37% | 2.37% | 2.59% | 1.97% | 1.54% | 0.05% |
LGUG.L L&G US Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LGUG.L and EEDM.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGUG.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGUG.L is cheaper with a 0.05% expense ratio, compared with 0.18% for EEDM.L.
LGUG.L is categorized as Large Cap Blend Equities, while EEDM.L is Emerging Markets Equities. LGUG.L tracks Russell 1000 TR USD, while EEDM.L tracks MSCI EM ESG Enhanced CTB Index. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.05% for LGUG.L and 0.18% for EEDM.L.
Find the right allocation for LGUG.L and EEDM.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