SEAC.DE vs. ETLQ.DE

Last updated Jun 5, 2026

SEAC.DE (UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) Acc) and ETLQ.DE (L&G Global Equity UCITS ETF) are both Global Equities funds - SEAC.DE tracks the MSCI World SRI Low Carbon Select 5% Issuer Capped while ETLQ.DE tracks the Solactive Core Developed Markets Large & Mid Cap. Both are passively managed. Over the past 5 years, SEAC.DE returned 10.67%/yr vs 13.10%/yr for ETLQ.DE. Their correlation of 0.94 suggests significant overlap in exposure. SEAC.DE charges 0.22%/yr vs 0.10%/yr for ETLQ.DE.

Performance

SEAC.DE vs. ETLQ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) Acc (SEAC.DE) and L&G Global Equity UCITS ETF (ETLQ.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEAC.DE achieves a 9.72% return, which is significantly lower than ETLQ.DE's 10.88% return.

SEAC.DE

• 1D: 0.15%
• 1M: 4.65%
• YTD: 9.72%
• 6M: 9.93%
• 1Y: 17.77%
• 3Y*: 14.37%
• 5Y*: 10.67%
• 10Y*: —

ETLQ.DE

• 1D: 0.00%
• 1M: 3.89%
• YTD: 10.88%
• 6M: 10.99%
• 1Y: 23.85%
• 3Y*: 17.73%
• 5Y*: 13.10%
• 10Y*: —

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

SEAC.DE vs. ETLQ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SEAC.DE UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) Acc	9.72%	1.57%	23.09%	24.89%	-20.42%	36.15%	7.56%	25.84%
ETLQ.DE L&G Global Equity UCITS ETF	10.88%	8.14%	26.10%	20.83%	-13.64%	32.63%	5.63%	24.59%

Correlation

The correlation between SEAC.DE and ETLQ.DE is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 17, 2019	0.94

The correlation between SEAC.DE and ETLQ.DE has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.

Return for Risk

SEAC.DE vs. ETLQ.DE — Risk / Return Rank

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

SEAC.DE

SEAC.DE Risk / Return Rank: 24
SEAC.DE Sharpe Ratio Rank: 21
SEAC.DE Sortino Ratio Rank: 23
SEAC.DE Omega Ratio Rank: 38
SEAC.DE Calmar Ratio Rank: 20
SEAC.DE Martin Ratio Rank: 17

ETLQ.DE

ETLQ.DE Risk / Return Rank: 69
ETLQ.DE Sharpe Ratio Rank: 65
ETLQ.DE Sortino Ratio Rank: 65
ETLQ.DE Omega Ratio Rank: 66
ETLQ.DE Calmar Ratio Rank: 72
ETLQ.DE Martin Ratio Rank: 76

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.

SEAC.DE vs. ETLQ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) Acc (SEAC.DE) and L&G Global Equity UCITS ETF (ETLQ.DE). 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.

	SEAC.DE	ETLQ.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.70	2.13	-1.43
Sortino ratio: Return per unit of downside risk	1.22	2.98	-1.76
Omega ratio: Gain probability vs. loss probability	1.24	1.39	-0.15
Calmar ratio: Return relative to maximum drawdown	0.89	3.56	-2.68
Martin ratio: Return relative to average drawdown	1.62	14.23	-12.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SEAC.DE vs. ETLQ.DE - Sharpe Ratio Comparison

The current SEAC.DE Sharpe Ratio is 0.70, which is lower than the ETLQ.DE Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of SEAC.DE and ETLQ.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SEAC.DE	ETLQ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.70	2.13	-1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.92	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.93	-0.25

Drawdowns

SEAC.DE vs. ETLQ.DE - Drawdown Comparison

The maximum SEAC.DE drawdown since its inception was -32.50%, roughly equal to the maximum ETLQ.DE drawdown of -33.38%. Use the drawdown chart below to compare losses from any high point for SEAC.DE and ETLQ.DE.

Drawdown Indicators

	SEAC.DE	ETLQ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.50%	-33.38%	+0.88%
Max Drawdown (1Y) Largest decline over 1 year	-19.82%	-6.68%	-13.14%
Max Drawdown (3Y) Largest decline over 3 years	-22.60%	-21.58%	-1.02%
Max Drawdown (5Y) Largest decline over 5 years	-23.64%	-21.58%	-2.06%
Current Drawdown Current decline from peak	-5.73%	-0.34%	-5.39%
Average Drawdown Average peak-to-trough decline	-6.86%	-4.33%	-2.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.87%	1.68%	+9.19%

Volatility

SEAC.DE vs. ETLQ.DE - Volatility Comparison

UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) Acc (SEAC.DE) has a higher volatility of 3.05% compared to L&G Global Equity UCITS ETF (ETLQ.DE) at 2.68%. This indicates that SEAC.DE's price experiences larger fluctuations and is considered to be riskier than ETLQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEAC.DE	ETLQ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	2.68%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	7.77%	+1.65%
Volatility (1Y) Calculated over the trailing 1-year period	24.99%	11.18%	+13.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.10%	14.06%	+4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.01%	15.74%	+2.27%

SEAC.DE vs. ETLQ.DE - Expense Ratio Comparison

SEAC.DE has a 0.22% expense ratio, which is higher than ETLQ.DE's 0.10% 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

SEAC.DE vs. ETLQ.DE - Dividend Comparison

Neither SEAC.DE nor ETLQ.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SEAC.DE and ETLQ.DE in my portfolio?

SEAC.DE and ETLQ.DE have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SEAC.DE or ETLQ.DE?

On fees, ETLQ.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SEAC.DE or ETLQ.DE?

ETLQ.DE is cheaper with a 0.10% expense ratio, compared with 0.22% for SEAC.DE.

What is the main difference between SEAC.DE and ETLQ.DE?

SEAC.DE tracks MSCI World SRI Low Carbon Select 5% Issuer Capped, while ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap. They also come from different issuers: UBS and Legal & General. Their fees differ too: 0.22% for SEAC.DE and 0.10% for ETLQ.DE.