LGUS.L vs. LGUG.L
LGUS.L (L&G US Equity UCITS ETF USD (Acc)) and LGUG.L (L&G US Equity UCITS ETF) are both Large Cap Blend Equities funds - LGUS.L tracks the Solactive Core United States Large & Mid Cap Index NTR while LGUG.L tracks the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, LGUS.L returned 12.54%/yr vs 12.58%/yr for LGUG.L. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.05% expense ratio.
Performance
LGUS.L vs. LGUG.L - Performance Comparison
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Different Trading Currencies
LGUS.L is traded in USD, while LGUG.L is traded in GBp. To make them comparable, the LGUG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with LGUS.L having a 9.01% return and LGUG.L slightly higher at 9.02%.
LGUS.L
- 1D
- -1.30%
- 1M
- -0.36%
- 6M
- 8.07%
- YTD
- 9.01%
- 1Y
- 19.79%
- 3Y*
- 19.73%
- 5Y*
- 12.54%
- 10Y*
- —
LGUG.L
- 1D
- -1.14%
- 1M
- 0.35%
- 6M
- 8.03%
- YTD
- 9.02%
- 1Y
- 19.68%
- 3Y*
- 19.84%
- 5Y*
- 12.58%
- 10Y*
- —
LGUS.L vs. LGUG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LGUS.L L&G US Equity UCITS ETF USD (Acc) | 9.01% | 17.98% | 25.09% | 28.66% | -20.46% | 27.91% | 21.16% | 30.91% | -9.25% |
LGUG.L L&G US Equity UCITS ETF | 9.02% | 18.03% | 25.32% | 27.94% | -20.49% | 28.34% | 20.70% | 31.90% | -30.31% |
Correlation
The correlation between LGUS.L and LGUG.L is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2018 | 0.91 |
The correlation between LGUS.L and LGUG.L has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.
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Return for Risk
LGUS.L vs. LGUG.L — Risk / Return Rank
LGUS.L
LGUG.L
LGUS.L vs. LGUG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G US Equity UCITS ETF USD (Acc) (LGUS.L) and L&G US Equity UCITS ETF (LGUG.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.
| LGUS.L | LGUG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 2.18 | +0.12 |
| Martin ratioReturn relative to average drawdown | 8.84 | 8.79 | +0.05 |
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Drawdowns
LGUS.L vs. LGUG.L - Drawdown Comparison
The maximum LGUS.L drawdown since its inception was -34.26%, roughly equal to the maximum LGUG.L drawdown of -35.83%. Use the drawdown chart below to compare losses from any high point for LGUS.L and LGUG.L.
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Drawdown Indicators
| LGUS.L | LGUG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.26% | -35.83% | +1.57% |
Max Drawdown (1Y)Largest decline over 1 year | -8.58% | -8.98% | +0.40% |
Max Drawdown (3Y)Largest decline over 3 years | -19.46% | -19.60% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -25.64% | -26.46% | +0.82% |
Current DrawdownCurrent decline from peak | -1.69% | -1.68% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -5.29% | -8.66% | +3.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 2.23% | 0.00% |
Volatility
LGUS.L vs. LGUG.L - Volatility Comparison
L&G US Equity UCITS ETF USD (Acc) (LGUS.L) and L&G US Equity UCITS ETF (LGUG.L) have volatilities of 3.15% and 3.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGUS.L | LGUG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | 3.28% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 9.50% | 8.92% | +0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.53% | 11.87% | +0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.52% | 21.26% | -4.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 22.53% | -4.43% |
LGUS.L vs. LGUG.L - Expense Ratio Comparison
Both LGUS.L and LGUG.L have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
LGUS.L vs. LGUG.L - Dividend Comparison
Neither LGUS.L nor LGUG.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, LGUS.L and LGUG.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.
Both ETFs have the same 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
LGUS.L and LGUG.L have the same expense ratio: 0.05% per year.
LGUS.L tracks Solactive Core United States Large & Mid Cap Index NTR, while LGUG.L tracks Russell 1000 TR USD. They also come from different issuers: L&G and Legal & General.
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