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MEUD.L vs. DGRO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MEUD.L vs. DGRO

Last updated Jun 9, 2026

MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) and DGRO (iShares Core Dividend Growth ETF) are both exchange-traded funds - MEUD.L is a Europe Equities fund tracking the MSCI Europe NR EUR, while DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Both are passively managed. Over the past 10 years, MEUD.L returned 10.52%/yr vs 14.01%/yr for DGRO. At a 0.46 correlation, their price movements are largely independent. MEUD.L charges 0.15%/yr vs 0.08%/yr for DGRO.

Performance

MEUD.L vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

MEUD.L is traded in GBp, while DGRO is traded in USD. To make them comparable, the DGRO values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, MEUD.L achieves a 6.17% return, which is significantly lower than DGRO's 9.53% return. Over the past 10 years, MEUD.L has underperformed DGRO with an annualized return of 10.52%, while DGRO has yielded a comparatively higher 14.01% annualized return.

MEUD.L

1D
0.06%
1M
2.27%
YTD
6.17%
6M
8.63%
1Y
18.55%
3Y*
14.23%
5Y*
9.58%
10Y*
10.52%

DGRO

1D
-0.32%
1M
4.89%
YTD
9.53%
6M
9.09%
1Y
23.57%
3Y*
14.35%
5Y*
11.89%
10Y*
14.01%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MEUD.L vs. DGRO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MEUD.L
Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc		6.17%26.51%3.65%13.48%-5.04%17.06%3.85%20.40%-9.59%15.43%
DGRO
iShares Core Dividend Growth ETF		9.53%7.45%18.66%4.95%3.04%27.84%6.28%24.93%3.41%12.36%

Correlation

The correlation between MEUD.L and DGRO is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.37

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (5Y)
Calculated over the trailing 5-year period

0.34

Correlation (10Y)
Calculated over the trailing 10-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Jun 13, 2014

0.46

The correlation between MEUD.L and DGRO shifts across timeframes, from 0.31 (3 years) to 0.46 (all time), reflecting how their relationship changes across market environments.

MEUD.L vs. DGRO - Sectors Allocation Comparison

Sectors
MEUD.L
DGRO

Financial Services

23.9%
21.2%

Industrials

20.3%
10.8%

Healthcare

12.6%
16.4%

Technology

9.4%
19.4%

Consumer Defensive

7.7%
11.5%

Consumer Cyclical

7.1%
5.7%

Energy

5.3%
5.6%

Basic Materials

5.1%
2.5%

Utilities

4.4%
6.9%

Communication Services

3.0%
0.1%

Real Estate

1.2%

-

Financial Services

MEUD.L
23.9%
DGRO
21.2%

Industrials

MEUD.L
20.3%
DGRO
10.8%

Healthcare

MEUD.L
12.6%
DGRO
16.4%

Technology

MEUD.L
9.4%
DGRO
19.4%

Consumer Defensive

MEUD.L
7.7%
DGRO
11.5%

Consumer Cyclical

MEUD.L
7.1%
DGRO
5.7%

Energy

MEUD.L
5.3%
DGRO
5.6%

Basic Materials

MEUD.L
5.1%
DGRO
2.5%

Utilities

MEUD.L
4.4%
DGRO
6.9%

Communication Services

MEUD.L
3.0%
DGRO
0.1%

Real Estate

MEUD.L
1.2%
DGRO

-

Compare stocks, funds, or ETFs

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Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc

iShares Core Dividend Growth ETF

Often compared with MEUD.L:
MEUD.L vs. SMEA.LMEUD.L vs. XSX6.LMEUD.L vs. VEUA.LMEUD.L vs. SPYMEUD.L vs. HMEU.LMEUD.L vs. VUAA.LMEUD.L vs. CS51.L
Often compared with DGRO:
DGRO vs. SCHDDGRO vs. VIGDGRO vs. VYMDGRO vs. VOODGRO vs. DGRWDGRO vs. DIVODGRO vs. HDV

Return for Risk

MEUD.L vs. DGRO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MEUD.L
MEUD.L Risk / Return Rank: 4646
Overall Rank
MEUD.L Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
MEUD.L Sortino Ratio Rank: 4848
Sortino Ratio Rank
MEUD.L Omega Ratio Rank: 5151
Omega Ratio Rank
MEUD.L Calmar Ratio Rank: 3939
Calmar Ratio Rank
MEUD.L Martin Ratio Rank: 4343
Martin Ratio Rank
DGRO
DGRO Risk / Return Rank: 7878
Overall Rank
DGRO Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
DGRO Sortino Ratio Rank: 8484
Sortino Ratio Rank
DGRO Omega Ratio Rank: 7878
Omega Ratio Rank
DGRO Calmar Ratio Rank: 7474
Calmar Ratio Rank
DGRO Martin Ratio Rank: 7676
Martin Ratio Rank
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.

MEUD.L vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and iShares Core Dividend Growth ETF (DGRO). 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.

MEUD.LDGRODifference
Sharpe ratioReturn per unit of total volatility
1.52
2.46

-0.94

Sortino ratioReturn per unit of downside risk
2.15
3.36

-1.20

Omega ratioGain probability vs. loss probability

1.29

1.44

-0.15

Calmar ratioReturn relative to maximum drawdown

1.75

4.13

-2.38

Martin ratioReturn relative to average drawdown

6.35

15.07

-8.72

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MEUD.L vs. DGRO - Sharpe Ratio Comparison

The current MEUD.L Sharpe Ratio is 1.52, which is lower than the DGRO Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of MEUD.L and DGRO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

MEUD.LDGRODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.52

2.46

-0.94

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.60

0.91

-0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.62

0.83

-0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.87

-0.42

Drawdowns

MEUD.L vs. DGRO - Drawdown Comparison

The maximum MEUD.L drawdown since its inception was -28.57%, which is greater than DGRO's maximum drawdown of -27.11%. Use the drawdown chart below to compare losses from any high point for MEUD.L and DGRO.

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Drawdown Indicators

MEUD.LDGRODifference

Max Drawdown

Largest peak-to-trough decline

-28.57%

-27.11%

-1.46%

Max Drawdown (1Y)

Largest decline over 1 year

-10.53%

-5.73%

-4.80%

Max Drawdown (3Y)

Largest decline over 3 years

-12.61%

-16.44%

+3.83%

Max Drawdown (5Y)

Largest decline over 5 years

-17.09%

-16.44%

-0.65%

Max Drawdown (10Y)

Largest decline over 10 years

-28.57%

-27.11%

-1.46%

Current Drawdown

Current decline from peak

-1.71%

-0.48%

-1.23%

Average Drawdown

Average peak-to-trough decline

-6.90%

-3.25%

-3.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.91%

1.57%

+1.34%

Volatility

MEUD.L vs. DGRO - Volatility Comparison

Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) has a higher volatility of 3.16% compared to iShares Core Dividend Growth ETF (DGRO) at 2.59%. This indicates that MEUD.L's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MEUD.LDGRODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.16%

2.59%

+0.57%

Volatility (6M)

Calculated over the trailing 6-month period

10.20%

7.22%

+2.98%

Volatility (1Y)

Calculated over the trailing 1-year period

12.17%

9.63%

+2.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.00%

13.18%

+2.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.94%

16.98%

-0.04%

MEUD.L vs. DGRO - Expense Ratio Comparison

MEUD.L has a 0.15% expense ratio, which is higher than DGRO's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

MEUD.L vs. DGRO - Dividend Comparison

MEUD.L has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 1.96%.

PositionTTM20252024202320222021202020192018201720162015
DGRO
iShares Core Dividend Growth ETF		1.96%2.09%2.26%2.45%2.34%1.93%2.30%2.21%2.44%2.03%2.27%2.52%
MEUD.L
Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

MEUD.L and DGRO have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, DGRO is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DGRO is cheaper with a 0.08% expense ratio, compared with 0.15% for MEUD.L.

MEUD.L is categorized as Europe Equities, while DGRO is Large Cap Growth Equities. MEUD.L tracks MSCI Europe NR EUR, while DGRO tracks Morningstar US Dividend Growth Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.15% for MEUD.L and 0.08% for DGRO.

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