SUK2.L vs. LDGL.L
SUK2.L (L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF) and LDGL.L (L&G Global Quality Dividends UCITS ETF USD Distributing) are both exchange-traded funds - SUK2.L is a Technology Equities fund tracking the L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF, while LDGL.L is a Global Equity Income fund tracking the FTSE Developed All Cap Dividend Growth with Quality Index. Both are passively managed. At a correlation of -0.69, they often move in opposite directions. SUK2.L charges 0.60%/yr vs 0.29%/yr for LDGL.L.
Performance
SUK2.L vs. LDGL.L - Performance Comparison
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Different Trading Currencies
SUK2.L is traded in GBp, while LDGL.L is traded in USD. To make them comparable, the LDGL.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
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%
LDGL.L
- 1D
- 0.00%
- 1M
- 0.70%
- 6M
- 11.58%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SUK2.L vs. LDGL.L - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SUK2.L L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF | -7.98% |
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing | 12.90% |
Correlation
The correlation between SUK2.L and LDGL.L is -0.69, 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 (All Time) Calculated using the full available price history since Jan 12, 2026 | -0.69 |
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Return for Risk
SUK2.L vs. LDGL.L — Risk / Return Rank
SUK2.L
LDGL.L
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SUK2.L vs. LDGL.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 L&G Global Quality Dividends UCITS ETF USD Distributing (LDGL.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 | LDGL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.80 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | — | — |
| Martin ratioReturn relative to average drawdown | -1.37 | — | — |
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Drawdowns
SUK2.L vs. LDGL.L - Drawdown Comparison
The maximum SUK2.L drawdown since its inception was -98.38%, which is greater than LDGL.L's maximum drawdown of -8.76%. Use the drawdown chart below to compare losses from any high point for SUK2.L and LDGL.L.
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Drawdown Indicators
| SUK2.L | LDGL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.38% | -8.76% | -89.62% |
Max Drawdown (1Y)Largest decline over 1 year | -31.12% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -52.62% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -65.37% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -86.18% | — | — |
Current DrawdownCurrent decline from peak | -98.28% | -0.40% | -97.88% |
Average DrawdownAverage peak-to-trough decline | -84.98% | -2.20% | -82.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.11% | — | — |
Volatility
SUK2.L vs. LDGL.L - Volatility Comparison
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Volatility by Period
| SUK2.L | LDGL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 19.46% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.52% | 13.76% | +8.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.53% | 13.76% | +11.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.98% | 13.76% | +16.22% |
SUK2.L vs. LDGL.L - Expense Ratio Comparison
SUK2.L has a 0.60% expense ratio, which is higher than LDGL.L's 0.29% expense ratio.
Dividends
SUK2.L vs. LDGL.L - Dividend Comparison
SUK2.L has not paid dividends to shareholders, while LDGL.L's dividend yield for the trailing twelve months is around 1.60%.
| Position | TTM |
|---|---|
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing | 1.60% |
SUK2.L L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF | 0.00% |
Frequently Asked Questions
SUK2.L and LDGL.L have a correlation of -0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LDGL.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LDGL.L is cheaper with a 0.29% expense ratio, compared with 0.60% for SUK2.L.
SUK2.L is categorized as Technology Equities, while LDGL.L is Global Equity Income. SUK2.L tracks L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF, while LDGL.L tracks FTSE Developed All Cap Dividend Growth with Quality Index. Their fees differ too: 0.60% for SUK2.L and 0.29% for LDGL.L.
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