SUK2.L vs. ECOG.L
SUK2.L (L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF) and ECOG.L (Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF) are both Technology Equities funds - SUK2.L tracks the L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF while ECOG.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, SUK2.L returned -17.40%/yr vs 2.21%/yr for ECOG.L. At a correlation of -0.57, they often move in opposite directions. SUK2.L charges 0.60%/yr vs 0.49%/yr for ECOG.L.
Performance
SUK2.L vs. ECOG.L - Performance Comparison
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Returns By Period
In the year-to-date period, SUK2.L achieves a -11.17% return, which is significantly lower than ECOG.L's 2.21% return.
SUK2.L
- 1D
- 0.40%
- 1M
- -0.81%
- 6M
- -7.00%
- YTD
- -11.17%
- 1Y
- -26.96%
- 3Y*
- -19.46%
- 5Y*
- -17.40%
- 10Y*
- -16.92%
ECOG.L
- 1D
- 0.72%
- 1M
- 3.81%
- 6M
- -0.62%
- YTD
- 2.21%
- 1Y
- 5.94%
- 3Y*
- 5.63%
- 5Y*
- 2.21%
- 10Y*
- —
SUK2.L vs. ECOG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SUK2.L L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF | -11.17% | -32.13% | -6.81% | -6.41% | -13.97% | -32.73% | -1.17% | -29.96% | 16.00% |
ECOG.L Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF | 2.21% | 3.54% | 4.57% | 15.08% | -12.19% | 19.87% | 38.74% | 26.75% | -38.68% |
Correlation
The correlation between SUK2.L and ECOG.L is -0.43, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.53 |
Correlation (All Time) Calculated using the full available price history since Jan 18, 2018 | -0.57 |
The correlation between SUK2.L and ECOG.L shifts across timeframes, from -0.57 (all time) to -0.43 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SUK2.L vs. ECOG.L — Risk / Return Rank
SUK2.L
ECOG.L
SUK2.L vs. ECOG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF (SUK2.L) and Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.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.
| SUK2.L | ECOG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.08 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 0.46 | -1.33 |
| Martin ratioReturn relative to average drawdown | -1.37 | 1.17 | -2.54 |
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Drawdowns
SUK2.L vs. ECOG.L - Drawdown Comparison
The maximum SUK2.L drawdown since its inception was -98.38%, which is greater than ECOG.L's maximum drawdown of -42.63%. Use the drawdown chart below to compare losses from any high point for SUK2.L and ECOG.L.
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Drawdown Indicators
| SUK2.L | ECOG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.38% | -42.63% | -55.75% |
Max Drawdown (1Y)Largest decline over 1 year | -31.12% | -12.80% | -18.32% |
Max Drawdown (3Y)Largest decline over 3 years | -52.62% | -23.98% | -28.64% |
Max Drawdown (5Y)Largest decline over 5 years | -65.37% | -26.12% | -39.25% |
Max Drawdown (10Y)Largest decline over 10 years | -86.18% | — | — |
Current DrawdownCurrent decline from peak | -98.28% | -3.12% | -95.16% |
Average DrawdownAverage peak-to-trough decline | -84.98% | -15.62% | -69.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.11% | 5.08% | +14.03% |
Volatility
SUK2.L vs. ECOG.L - Volatility Comparison
L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF (SUK2.L) has a higher volatility of 5.99% compared to Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L) at 4.36%. This indicates that SUK2.L's price experiences larger fluctuations and is considered to be riskier than ECOG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SUK2.L | ECOG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 4.36% | +1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 19.46% | 11.35% | +8.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.52% | 14.84% | +7.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.53% | 21.13% | +4.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.98% | 22.02% | +7.96% |
SUK2.L vs. ECOG.L - Expense Ratio Comparison
SUK2.L has a 0.60% expense ratio, which is higher than ECOG.L's 0.49% expense ratio.
Dividends
SUK2.L vs. ECOG.L - Dividend Comparison
Neither SUK2.L nor ECOG.L has paid dividends to shareholders.
Frequently Asked Questions
SUK2.L and ECOG.L have a correlation of -0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ECOG.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ECOG.L is cheaper with a 0.49% expense ratio, compared with 0.60% for SUK2.L.
SUK2.L tracks L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF, while ECOG.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: L&G and Legal & General. Their fees differ too: 0.60% for SUK2.L and 0.49% for ECOG.L.
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