SPPY.DE vs. LGJG.L
Compare and contrast key facts about SPDR S&P 500 ESG Leaders UCITS ETF Acc (SPPY.DE) and L&G Japan Equity UCITS ETF (LGJG.L).
SPPY.DE and LGJG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPPY.DE is a passively managed fund by State Street that tracks the performance of the S&P 500 ESG Leaders. It was launched on Dec 2, 2019. LGJG.L is a passively managed fund by Legal & General that tracks the performance of the TOPIX TR JPY. It was launched on Nov 7, 2018. Both SPPY.DE and LGJG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPPY.DE or LGJG.L.
Key characteristics
| SPPY.DE | LGJG.L | |
|---|---|---|
| YTD Return | 18.58% | 7.25% |
| 1Y Return | 23.15% | 7.86% |
| 3Y Return (Ann) | 12.99% | 2.29% |
| Sharpe Ratio | 2.16 | 0.43 |
| Daily Std Dev | 12.06% | 16.08% |
| Max Drawdown | -33.31% | -22.92% |
| Current Drawdown | -2.87% | -4.94% |
Correlation
The correlation between SPPY.DE and LGJG.L is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SPPY.DE vs. LGJG.L - Performance Comparison
In the year-to-date period, SPPY.DE achieves a 18.58% return, which is significantly higher than LGJG.L's 7.25% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPPY.DE vs. LGJG.L - Expense Ratio Comparison
SPPY.DE has a 0.03% expense ratio, which is lower than LGJG.L's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPPY.DE vs. LGJG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 ESG Leaders UCITS ETF Acc (SPPY.DE) and L&G Japan Equity UCITS ETF (LGJG.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.
Dividends
SPPY.DE vs. LGJG.L - Dividend Comparison
Neither SPPY.DE nor LGJG.L has paid dividends to shareholders.
Drawdowns
SPPY.DE vs. LGJG.L - Drawdown Comparison
The maximum SPPY.DE drawdown since its inception was -33.31%, which is greater than LGJG.L's maximum drawdown of -22.92%. Use the drawdown chart below to compare losses from any high point for SPPY.DE and LGJG.L. For additional features, visit the drawdowns tool.
Volatility
SPPY.DE vs. LGJG.L - Volatility Comparison
The current volatility for SPDR S&P 500 ESG Leaders UCITS ETF Acc (SPPY.DE) is 4.29%, while L&G Japan Equity UCITS ETF (LGJG.L) has a volatility of 5.30%. This indicates that SPPY.DE experiences smaller price fluctuations and is considered to be less risky than LGJG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.