LGUG.L vs. LDAG.L

Last updated Jun 5, 2026

LGUG.L (L&G US Equity UCITS ETF) and LDAG.L (L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF) are both exchange-traded funds - LGUG.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while LDAG.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD. Both are passively managed. Over the past 5 years, LGUG.L returned 14.90%/yr vs 9.96%/yr for LDAG.L. A 0.50 correlation means they provide meaningful diversification when combined. LGUG.L charges 0.05%/yr vs 0.40%/yr for LDAG.L.

Performance

LGUG.L vs. LDAG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G US Equity UCITS ETF (LGUG.L) and L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LDAG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGUG.L achieves a 10.49% return, which is significantly lower than LDAG.L's 15.96% return.

LGUG.L

• 1D: -0.07%
• 1M: 4.72%
• YTD: 10.49%
• 6M: 9.54%
• 1Y: 28.87%
• 3Y*: 19.37%
• 5Y*: 14.90%
• 10Y*: —

LDAG.L

• 1D: -1.55%
• 1M: -0.93%
• YTD: 15.96%
• 6M: 14.69%
• 1Y: 36.09%
• 3Y*: 17.83%
• 5Y*: 9.96%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LGUG.L vs. LDAG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LGUG.L L&G US Equity UCITS ETF	10.49%	9.75%	27.44%	21.53%	-10.98%	17.47%
LDAG.L L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF	15.96%	26.41%	5.50%	3.28%	1.73%	-0.75%

Correlation

The correlation between LGUG.L and LDAG.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Apr 16, 2021	0.50

The correlation between LGUG.L and LDAG.L has been stable across timeframes, ranging from 0.47 to 0.50 - a consistent structural relationship.

LGUG.L vs. LDAG.L - Sectors Allocation Comparison

Sectors	LGUG.L	LDAG.L
Technology	38.3%	6.5%
Communication Services	11.2%	4.3%
Financial Services	11.1%	34.9%
Consumer Cyclical	10.1%	11.1%
Healthcare	8.6%	2.8%
Industrials	7.6%	12.3%
Consumer Defensive	4.7%	7.1%
Energy	3.3%	3.7%
Utilities	2.0%	11.6%
Real Estate	1.6%	0.3%
Basic Materials	1.6%	5.8%

Return for Risk

LGUG.L vs. LDAG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LGUG.L

LGUG.L Risk / Return Rank: 78
LGUG.L Sharpe Ratio Rank: 83
LGUG.L Sortino Ratio Rank: 81
LGUG.L Omega Ratio Rank: 83
LGUG.L Calmar Ratio Rank: 73
LGUG.L Martin Ratio Rank: 67

LDAG.L

LDAG.L Risk / Return Rank: 77
LDAG.L Sharpe Ratio Rank: 84
LDAG.L Sortino Ratio Rank: 81
LDAG.L Omega Ratio Rank: 80
LDAG.L Calmar Ratio Rank: 77
LDAG.L Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LGUG.L vs. LDAG.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 L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LDAG.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.

	LGUG.L	LDAG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.66	2.72	-0.05
Sortino ratio: Return per unit of downside risk	3.59	3.57	+0.02
Omega ratio: Gain probability vs. loss probability	1.50	1.47	+0.03
Calmar ratio: Return relative to maximum drawdown	3.60	3.87	-0.27
Martin ratio: Return relative to average drawdown	12.19	10.60	+1.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGUG.L vs. LDAG.L - Sharpe Ratio Comparison

The current LGUG.L Sharpe Ratio is 2.66, which is comparable to the LDAG.L Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of LGUG.L and LDAG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LGUG.L	LDAG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	2.72	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.77	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	1.20	0.76	+0.44

Drawdowns

LGUG.L vs. LDAG.L - Drawdown Comparison

The maximum LGUG.L drawdown since its inception was -24.75%, which is greater than LDAG.L's maximum drawdown of -14.68%. Use the drawdown chart below to compare losses from any high point for LGUG.L and LDAG.L.

Drawdown Indicators

	LGUG.L	LDAG.L	Difference
Max Drawdown Largest peak-to-trough decline	-24.75%	-14.68%	-10.07%
Max Drawdown (1Y) Largest decline over 1 year	-8.01%	-9.58%	+1.57%
Max Drawdown (3Y) Largest decline over 3 years	-21.49%	-14.68%	-6.81%
Max Drawdown (5Y) Largest decline over 5 years	-21.49%	-14.68%	-6.81%
Current Drawdown Current decline from peak	-0.30%	-3.00%	+2.70%
Average Drawdown Average peak-to-trough decline	-3.78%	-4.33%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	3.51%	-1.14%

Volatility

LGUG.L vs. LDAG.L - Volatility Comparison

The current volatility for L&G US Equity UCITS ETF (LGUG.L) is 2.89%, while L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LDAG.L) has a volatility of 4.72%. This indicates that LGUG.L experiences smaller price fluctuations and is considered to be less risky than LDAG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGUG.L	LDAG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	4.72%	-1.83%
Volatility (6M) Calculated over the trailing 6-month period	7.56%	10.47%	-2.91%
Volatility (1Y) Calculated over the trailing 1-year period	10.83%	13.75%	-2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.84%	12.90%	+1.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.37%	12.90%	+4.47%

LGUG.L vs. LDAG.L - Expense Ratio Comparison

LGUG.L has a 0.05% expense ratio, which is lower than LDAG.L's 0.40% expense ratio.

Dividends

LGUG.L vs. LDAG.L - Dividend Comparison

LGUG.L has not paid dividends to shareholders, while LDAG.L's dividend yield for the trailing twelve months is around 3.78%.

Position	TTM	2025	2024	2023	2022	2021
LDAG.L L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF	3.78%	4.23%	4.75%	5.40%	4.80%	2.19%
LGUG.L L&G US Equity UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LGUG.L and LDAG.L in my portfolio?

LGUG.L and LDAG.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LGUG.L or LDAG.L?

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.

Which ETF is cheaper, LGUG.L or LDAG.L?

LGUG.L is cheaper with a 0.05% expense ratio, compared with 0.40% for LDAG.L.

What is the main difference between LGUG.L and LDAG.L?

LGUG.L is categorized as Large Cap Blend Equities, while LDAG.L is Asia Pacific Equities. LGUG.L tracks Russell 1000 TR USD, while LDAG.L tracks MSCI AC Asia Pac Ex JPN NR USD. Their fees differ too: 0.05% for LGUG.L and 0.40% for LDAG.L.