SGAS.DE vs. ETLS.DE
SGAS.DE (iShares MSCI USA ESG Screened UCITS ETF USD (Acc)) and ETLS.DE (L&G US Equity UCITS ETF) are both Large Cap Blend Equities funds - SGAS.DE tracks the MSCI USA ESG Screened while ETLS.DE tracks the Solactive Core United States Large & Mid Cap. Both are passively managed. Over the past 5 years, SGAS.DE returned 15.10%/yr vs 14.64%/yr for ETLS.DE. With a 0.97 correlation, they move nearly in lockstep. SGAS.DE charges 0.07%/yr vs 0.05%/yr for ETLS.DE.
Performance
SGAS.DE vs. ETLS.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with SGAS.DE having a 11.26% return and ETLS.DE slightly higher at 11.28%.
SGAS.DE
- 1D
- -0.42%
- 1M
- 5.79%
- YTD
- 11.26%
- 6M
- 11.24%
- 1Y
- 26.36%
- 3Y*
- 20.20%
- 5Y*
- 15.10%
- 10Y*
- —
ETLS.DE
- 1D
- -0.11%
- 1M
- 5.49%
- YTD
- 11.28%
- 6M
- 11.23%
- 1Y
- 25.64%
- 3Y*
- 19.26%
- 5Y*
- 14.64%
- 10Y*
- —
SGAS.DE vs. ETLS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SGAS.DE iShares MSCI USA ESG Screened UCITS ETF USD (Acc) | 11.26% | 5.13% | 33.97% | 26.37% | -17.05% | 39.63% | 10.62% | 28.23% |
ETLS.DE L&G US Equity UCITS ETF | 11.28% | 5.06% | 32.53% | 24.21% | -16.00% | 38.89% | 10.12% | 27.92% |
Correlation
The correlation between SGAS.DE and ETLS.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2019 | 0.97 |
The correlation between SGAS.DE and ETLS.DE has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SGAS.DE vs. ETLS.DE — Risk / Return Rank
SGAS.DE
ETLS.DE
SGAS.DE vs. ETLS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (SGAS.DE) and L&G US Equity UCITS ETF (ETLS.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.
| SGAS.DE | ETLS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.41 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.08 | 3.37 | -0.29 |
| Martin ratioReturn relative to average drawdown | 10.78 | 12.00 | -1.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SGAS.DE | ETLS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 2.21 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.94 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.98 | -0.05 |
Drawdowns
SGAS.DE vs. ETLS.DE - Drawdown Comparison
The maximum SGAS.DE drawdown since its inception was -33.55%, roughly equal to the maximum ETLS.DE drawdown of -33.98%. Use the drawdown chart below to compare losses from any high point for SGAS.DE and ETLS.DE.
Loading charts...
Drawdown Indicators
| SGAS.DE | ETLS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.55% | -33.98% | +0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -8.51% | -7.57% | -0.94% |
Max Drawdown (3Y)Largest decline over 3 years | -24.66% | -23.68% | -0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -24.66% | -23.68% | -0.98% |
Current DrawdownCurrent decline from peak | -0.42% | -0.45% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -4.63% | -0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.13% | +0.31% |
Volatility
SGAS.DE vs. ETLS.DE - Volatility Comparison
iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (SGAS.DE) has a higher volatility of 3.03% compared to L&G US Equity UCITS ETF (ETLS.DE) at 2.76%. This indicates that SGAS.DE's price experiences larger fluctuations and is considered to be riskier than ETLS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SGAS.DE | ETLS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.03% | 2.76% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 8.33% | 7.67% | +0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.53% | 11.54% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.02% | 15.45% | +0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.61% | 17.17% | +0.44% |
SGAS.DE vs. ETLS.DE - Expense Ratio Comparison
SGAS.DE has a 0.07% expense ratio, which is higher than ETLS.DE's 0.05% 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
SGAS.DE vs. ETLS.DE - Dividend Comparison
Neither SGAS.DE nor ETLS.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, SGAS.DE and ETLS.DE 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.
On fees, ETLS.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLS.DE is cheaper with a 0.05% expense ratio, compared with 0.07% for SGAS.DE.
SGAS.DE tracks MSCI USA ESG Screened, while ETLS.DE tracks Solactive Core United States Large & Mid Cap. They also come from different issuers: iShares and Legal & General. Their fees differ too: 0.07% for SGAS.DE and 0.05% for ETLS.DE.
Find the right allocation for SGAS.DE and ETLS.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer