LGUK.L vs. LDGG.L

Last updated Jun 5, 2026

LGUK.L (L&G UK Equity UCITS ETF) and LDGG.L (L&G Global Quality Dividends UCITS ETF USD (Dist)) are both exchange-traded funds - LGUK.L is a Europe Equities fund tracking the FTSE AllSh TR GBP, while LDGG.L is a Global Equity Income fund tracking the FTSE Developed All Cap Dividend Growth with Quality Net Tax Index. Both are passively managed. At a 0.48 correlation, their price movements are largely independent. LGUK.L charges 0.05%/yr vs 0.31%/yr for LDGG.L.

Performance

LGUK.L vs. LDGG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G UK Equity UCITS ETF (LGUK.L) and L&G Global Quality Dividends UCITS ETF USD (Dist) (LDGG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LGUK.L

• 1D: -1.06%
• 1M: -0.31%
• YTD: 3.73%
• 6M: 8.03%
• 1Y: 17.97%
• 3Y*: 13.62%
• 5Y*: 11.33%
• 10Y*: —

LDGG.L

• 1D: -0.05%
• 1M: 3.04%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LGUK.L vs. LDGG.L - Yearly Performance Comparison

	2026 (YTD)
LGUK.L L&G UK Equity UCITS ETF	1.93%
LDGG.L L&G Global Quality Dividends UCITS ETF USD (Dist)	9.22%

Correlation

The correlation between LGUK.L and LDGG.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.48

Return for Risk

LGUK.L vs. LDGG.L — Risk / Return Rank

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

LGUK.L

LGUK.L Risk / Return Rank: 38
LGUK.L Sharpe Ratio Rank: 36
LGUK.L Sortino Ratio Rank: 36
LGUK.L Omega Ratio Rank: 37
LGUK.L Calmar Ratio Rank: 40
LGUK.L Martin Ratio Rank: 41

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.

LGUK.L vs. LDGG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G UK Equity UCITS ETF (LGUK.L) and L&G Global Quality Dividends UCITS ETF USD (Dist) (LDGG.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.

	LGUK.L	LDGG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.24	—	—
Sortino ratio: Return per unit of downside risk	1.84	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.92	—	—
Martin ratio: Return relative to average drawdown	6.51	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	LGUK.L	LDGG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	2.43	-1.90

Drawdowns

LGUK.L vs. LDGG.L - Drawdown Comparison

The maximum LGUK.L drawdown since its inception was -33.76%, which is greater than LDGG.L's maximum drawdown of -8.72%. Use the drawdown chart below to compare losses from any high point for LGUK.L and LDGG.L.

Drawdown Indicators

	LGUK.L	LDGG.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.76%	-8.72%	-25.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.30%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.30%	—	—
Current Drawdown Current decline from peak	-5.71%	-0.70%	-5.01%
Average Drawdown Average peak-to-trough decline	-4.82%	-2.58%	-2.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	—	—

Volatility

Volatility by Period

	LGUK.L	LDGG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.42%	11.47%	+2.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.86%	11.47%	+2.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.31%	11.47%	+4.84%

LGUK.L vs. LDGG.L - Expense Ratio Comparison

LGUK.L has a 0.05% expense ratio, which is lower than LDGG.L's 0.31% expense ratio.

Dividends

LGUK.L vs. LDGG.L - Dividend Comparison

LGUK.L has not paid dividends to shareholders, while LDGG.L's dividend yield for the trailing twelve months is around 1.75%.

Position	TTM
LDGG.L L&G Global Quality Dividends UCITS ETF USD (Dist)	1.75%
LGUK.L L&G UK Equity UCITS ETF	0.00%

Frequently Asked Questions

Can I hold both LGUK.L and LDGG.L in my portfolio?

LGUK.L and LDGG.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LGUK.L or LDGG.L?

On fees, LGUK.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, LGUK.L or LDGG.L?

LGUK.L is cheaper with a 0.05% expense ratio, compared with 0.31% for LDGG.L.

What is the main difference between LGUK.L and LDGG.L?

LGUK.L is categorized as Europe Equities, while LDGG.L is Global Equity Income. LGUK.L tracks FTSE AllSh TR GBP, while LDGG.L tracks FTSE Developed All Cap Dividend Growth with Quality Net Tax Index. Their fees differ too: 0.05% for LGUK.L and 0.31% for LDGG.L.