RAYZ.L vs. LGUS.L
RAYZ.L (Global X Solar UCITS ETF) and LGUS.L (L&G US Equity UCITS ETF) are both Global Equities funds - RAYZ.L tracks the Global X Solar UCITS ETF while LGUS.L tracks the L&G US Equity UCITS ETF. Both are passively managed. Over the past 3 years, RAYZ.L returned -11.91%/yr vs 20.40%/yr for LGUS.L. At a 0.39 correlation, their price movements are largely independent. RAYZ.L charges 0.50%/yr vs 0.05%/yr for LGUS.L.
Performance
RAYZ.L vs. LGUS.L - Performance Comparison
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Returns By Period
In the year-to-date period, RAYZ.L achieves a -8.49% return, which is significantly lower than LGUS.L's 10.34% return.
RAYZ.L
- 1D
- -1.55%
- 1M
- -17.91%
- 6M
- -13.34%
- YTD
- -8.49%
- 1Y
- 23.69%
- 3Y*
- -11.91%
- 5Y*
- —
- 10Y*
- —
LGUS.L
- 1D
- 0.00%
- 1M
- 0.20%
- 6M
- 9.90%
- YTD
- 10.34%
- 1Y
- 21.64%
- 3Y*
- 20.40%
- 5Y*
- 12.82%
- 10Y*
- —
RAYZ.L vs. LGUS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
RAYZ.L Global X Solar UCITS ETF | -8.49% | 39.95% | -28.16% | -32.65% | 4.13% |
LGUS.L L&G US Equity UCITS ETF | 10.34% | 17.98% | 25.09% | 28.66% | -13.44% |
Correlation
The correlation between RAYZ.L and LGUS.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2022 | 0.39 |
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Return for Risk
RAYZ.L vs. LGUS.L — Risk / Return Rank
RAYZ.L
LGUS.L
RAYZ.L vs. LGUS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Solar UCITS ETF (RAYZ.L) and L&G US Equity UCITS ETF (LGUS.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.
| RAYZ.L | LGUS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.32 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 2.59 | -1.74 |
| Martin ratioReturn relative to average drawdown | 2.86 | 9.99 | -7.13 |
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Drawdowns
RAYZ.L vs. LGUS.L - Drawdown Comparison
The maximum RAYZ.L drawdown since its inception was -69.13%, which is greater than LGUS.L's maximum drawdown of -34.26%. Use the drawdown chart below to compare losses from any high point for RAYZ.L and LGUS.L.
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Drawdown Indicators
| RAYZ.L | LGUS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.13% | -34.26% | -34.87% |
Max Drawdown (1Y)Largest decline over 1 year | -29.26% | -8.58% | -20.68% |
Max Drawdown (3Y)Largest decline over 3 years | -57.14% | -19.46% | -37.68% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.64% | — |
Current DrawdownCurrent decline from peak | -51.07% | -0.49% | -50.58% |
Average DrawdownAverage peak-to-trough decline | -40.52% | -5.30% | -35.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.75% | 2.23% | +6.52% |
Volatility
RAYZ.L vs. LGUS.L - Volatility Comparison
Global X Solar UCITS ETF (RAYZ.L) has a higher volatility of 11.41% compared to L&G US Equity UCITS ETF (LGUS.L) at 2.86%. This indicates that RAYZ.L's price experiences larger fluctuations and is considered to be riskier than LGUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RAYZ.L | LGUS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.41% | 2.86% | +8.55% |
Volatility (6M)Calculated over the trailing 6-month period | 25.55% | 9.41% | +16.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.21% | 12.47% | +21.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.23% | 16.51% | +17.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.23% | 18.10% | +16.13% |
RAYZ.L vs. LGUS.L - Expense Ratio Comparison
RAYZ.L has a 0.50% expense ratio, which is higher than LGUS.L's 0.05% expense ratio.
Dividends
RAYZ.L vs. LGUS.L - Dividend Comparison
Neither RAYZ.L nor LGUS.L has paid dividends to shareholders.
Frequently Asked Questions
RAYZ.L and LGUS.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGUS.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGUS.L is cheaper with a 0.05% expense ratio, compared with 0.50% for RAYZ.L.
RAYZ.L tracks Global X Solar UCITS ETF, while LGUS.L tracks L&G US Equity UCITS ETF. They also come from different issuers: Global X and L&G. Their fees differ too: 0.50% for RAYZ.L and 0.05% for LGUS.L.
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