MGCI.L vs. LDEG.L
MGCI.L (M&G Credit Income Investment Trust plc) is a stock, while LDEG.L (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) is Europe Equities fund tracking the MSCI Europe Ex UK NR EUR. Over the past 5 years, MGCI.L returned 6.60%/yr vs 15.86%/yr for LDEG.L. At a 0.09 correlation, their price movements are largely independent.
Performance
MGCI.L vs. LDEG.L - Performance Comparison
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Returns By Period
In the year-to-date period, MGCI.L achieves a -0.27% return, which is significantly lower than LDEG.L's 9.41% return.
MGCI.L
- 1D
- -0.76%
- 1M
- 1.67%
- YTD
- -0.27%
- 6M
- 0.79%
- 1Y
- 3.38%
- 3Y*
- 8.71%
- 5Y*
- 6.60%
- 10Y*
- —
LDEG.L
- 1D
- -0.91%
- 1M
- -1.24%
- YTD
- 9.41%
- 6M
- 13.12%
- 1Y
- 28.97%
- 3Y*
- 23.56%
- 5Y*
- 15.86%
- 10Y*
- —
MGCI.L vs. LDEG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MGCI.L M&G Credit Income Investment Trust plc | -0.27% | 7.01% | 15.73% | 8.47% | -2.69% | 11.52% |
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 9.41% | 44.91% | 8.81% | 14.31% | 1.91% | -8.28% |
Correlation
The correlation between MGCI.L and LDEG.L is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2021 | 0.09 |
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Return for Risk
MGCI.L vs. LDEG.L — Risk / Return Rank
MGCI.L
LDEG.L
MGCI.L vs. LDEG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for M&G Credit Income Investment Trust plc (MGCI.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.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.
| MGCI.L | LDEG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -2.83 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.45 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | 3.59 | -3.08 |
| Martin ratioReturn relative to average drawdown | 1.73 | 13.10 | -11.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MGCI.L | LDEG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.29 | 2.49 | -2.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 1.12 | -0.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.83 | -0.62 |
Drawdowns
MGCI.L vs. LDEG.L - Drawdown Comparison
The maximum MGCI.L drawdown since its inception was -33.99%, which is greater than LDEG.L's maximum drawdown of -21.96%. Use the drawdown chart below to compare losses from any high point for MGCI.L and LDEG.L.
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Drawdown Indicators
| MGCI.L | LDEG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.99% | -21.96% | -12.03% |
Max Drawdown (1Y)Largest decline over 1 year | -6.67% | -8.04% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -8.60% | -12.05% | +3.45% |
Max Drawdown (5Y)Largest decline over 5 years | -14.68% | -17.39% | +2.71% |
Current DrawdownCurrent decline from peak | -1.48% | -2.22% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -5.41% | +1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 2.21% | -0.26% |
Volatility
MGCI.L vs. LDEG.L - Volatility Comparison
M&G Credit Income Investment Trust plc (MGCI.L) has a higher volatility of 5.82% compared to L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) at 3.26%. This indicates that MGCI.L's price experiences larger fluctuations and is considered to be riskier than LDEG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGCI.L | LDEG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.82% | 3.26% | +2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 10.69% | 9.26% | +1.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.66% | 11.59% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.66% | 14.19% | +5.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.09% | 15.23% | +6.86% |
Dividends
MGCI.L vs. LDEG.L - Dividend Comparison
MGCI.L's dividend yield for the trailing twelve months is around 8.09%, more than LDEG.L's 3.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 3.15% | 3.42% | 4.20% | 4.10% | 3.69% | 3.06% | 0.00% | 0.00% |
MGCI.L M&G Credit Income Investment Trust plc | 8.09% | 8.26% | 8.88% | 9.03% | 5.10% | 4.23% | 4.33% | 1.97% |
Frequently Asked Questions
MGCI.L and LDEG.L have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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