SUSW.L vs. LGGL.L

Last updated Jun 26, 2026

SUSW.L (iShares MSCI World SRI UCITS ETF EUR (Acc)) and LGGL.L (L&G Global Equity UCITS ETF) are both Global Equities funds - SUSW.L tracks the MSCI ACWI NR USD while LGGL.L tracks the Solactive Core Developed Markets Large & Mid Cap USD Index NTR. Both are passively managed. Over the past 5 years, SUSW.L returned 10.29%/yr vs 12.44%/yr for LGGL.L. Their correlation of 0.89 suggests significant overlap in exposure. SUSW.L charges 0.20%/yr vs 0.10%/yr for LGGL.L.

Performance

SUSW.L vs. LGGL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI World SRI UCITS ETF EUR (Acc) (SUSW.L) and L&G Global Equity UCITS ETF (LGGL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SUSW.L is traded in EUR, while LGGL.L is traded in USD. To make them comparable, the LGGL.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SUSW.L achieves a 13.57% return, which is significantly higher than LGGL.L's 11.30% return.

SUSW.L

• 1D: 0.07%
• 1M: 3.83%
• YTD: 13.57%
• 6M: 13.57%
• 1Y: 22.76%
• 3Y*: 13.96%
• 5Y*: 10.29%
• 10Y*: —

LGGL.L

• 1D: -0.40%
• 1M: 0.89%
• YTD: 11.30%
• 6M: 11.38%
• 1Y: 25.28%
• 3Y*: 18.14%
• 5Y*: 12.44%
• 10Y*: —

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

SUSW.L vs. LGGL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SUSW.L iShares MSCI World SRI UCITS ETF EUR (Acc)	13.57%	1.84%	18.33%	20.84%	-16.40%	35.65%	10.76%	32.42%	-8.23%
LGGL.L L&G Global Equity UCITS ETF	11.30%	6.80%	27.07%	21.27%	-12.95%	31.06%	6.76%	29.84%	-8.77%

Correlation

The correlation between SUSW.L and LGGL.L is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Nov 9, 2018	0.89

The correlation between SUSW.L and LGGL.L has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.

SUSW.L vs. LGGL.L - Sectors Allocation Comparison

Sectors	SUSW.L	LGGL.L
Technology	32.0%	31.5%
Financial Services	16.0%	15.2%
Industrials	11.2%	10.5%
Consumer Cyclical	10.2%	9.4%
Communication Services	9.0%	9.2%
Healthcare	9.0%	8.6%
Consumer Defensive	5.6%	4.9%
Basic Materials	3.3%	3.2%
Real Estate	2.2%	1.7%
Utilities	1.6%	2.3%
Energy	-	3.6%

Return for Risk

SUSW.L vs. LGGL.L — Risk / Return Rank

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

SUSW.L

SUSW.L Risk / Return Rank: 66
SUSW.L Sharpe Ratio Rank: 63
SUSW.L Sortino Ratio Rank: 65
SUSW.L Omega Ratio Rank: 64
SUSW.L Calmar Ratio Rank: 67
SUSW.L Martin Ratio Rank: 68

LGGL.L

LGGL.L Risk / Return Rank: 64
LGGL.L Sharpe Ratio Rank: 62
LGGL.L Sortino Ratio Rank: 68
LGGL.L Omega Ratio Rank: 61
LGGL.L Calmar Ratio Rank: 60
LGGL.L Martin Ratio Rank: 68

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.

SUSW.L vs. LGGL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World SRI UCITS ETF EUR (Acc) (SUSW.L) and L&G Global Equity UCITS ETF (LGGL.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.

	SUSW.L	LGGL.L	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.05	-0.23
Sortino ratio: Return per unit of downside risk	2.60	2.90	-0.30
Omega ratio: Gain probability vs. loss probability	1.34	1.38	-0.05
Calmar ratio: Return relative to maximum drawdown	2.90	3.80	-0.90
Martin ratio: Return relative to average drawdown	10.76	13.95	-3.19

SUSW.L vs. LGGL.L - Sharpe Ratio Comparison

The current SUSW.L Sharpe Ratio is 1.82, which is comparable to the LGGL.L Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of SUSW.L and LGGL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SUSW.L vs. LGGL.L - Drawdown Comparison

The maximum SUSW.L drawdown since its inception was -32.09%, roughly equal to the maximum LGGL.L drawdown of -33.39%. Use the drawdown chart below to compare losses from any high point for SUSW.L and LGGL.L.

Drawdown Indicators

	SUSW.L	LGGL.L	Difference
Max Drawdown Largest peak-to-trough decline	-32.09%	-33.39%	+1.30%
Max Drawdown (1Y) Largest decline over 1 year	-7.80%	-6.62%	-1.18%
Max Drawdown (3Y) Largest decline over 3 years	-21.09%	-21.53%	+0.44%
Max Drawdown (5Y) Largest decline over 5 years	-21.09%	-21.53%	+0.44%
Current Drawdown Current decline from peak	-0.65%	-0.81%	+0.16%
Average Drawdown Average peak-to-trough decline	-4.85%	-4.40%	-0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	1.81%	+0.30%

Volatility

SUSW.L vs. LGGL.L - Volatility Comparison

The current volatility for iShares MSCI World SRI UCITS ETF EUR (Acc) (SUSW.L) is 3.48%, while L&G Global Equity UCITS ETF (LGGL.L) has a volatility of 3.70%. This indicates that SUSW.L experiences smaller price fluctuations and is considered to be less risky than LGGL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SUSW.L	LGGL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.48%	3.70%	-0.22%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	9.35%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.48%	12.30%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.69%	15.06%	-0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.08%	16.83%	-0.75%

SUSW.L vs. LGGL.L - Expense Ratio Comparison

SUSW.L has a 0.20% expense ratio, which is higher than LGGL.L'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

SUSW.L vs. LGGL.L - Dividend Comparison

Neither SUSW.L nor LGGL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SUSW.L and LGGL.L in my portfolio?

SUSW.L and LGGL.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SUSW.L or LGGL.L?

On fees, LGGL.L 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, SUSW.L or LGGL.L?

LGGL.L is cheaper with a 0.10% expense ratio, compared with 0.20% for SUSW.L.

What is the main difference between SUSW.L and LGGL.L?

SUSW.L tracks MSCI ACWI NR USD, while LGGL.L tracks Solactive Core Developed Markets Large & Mid Cap USD Index NTR. They also come from different issuers: iShares and L&G. Their fees differ too: 0.20% for SUSW.L and 0.10% for LGGL.L.