TIGR.L vs. DEL2.L

Last updated Jul 16, 2026

TIGR.L (L&G India INR Government Bond UCITS ETF USD Distributing) and DEL2.L (L&G DAX Daily 2x Long UCITS ETF EUR (Acc)) are both exchange-traded funds - TIGR.L is a Government Bonds fund tracking the L&G India INR Government Bond UCITS ETF USD Distributing, while DEL2.L is a Leveraged Equities fund tracking the LevDAX x2 Index Gross TR EUR. Both are passively managed. Over the past 3 years, TIGR.L returned -0.03%/yr vs 24.53%/yr for DEL2.L. At a 0.29 correlation, their price movements are largely independent. TIGR.L charges 0.39%/yr vs 0.40%/yr for DEL2.L.

Performance

TIGR.L vs. DEL2.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L&G India INR Government Bond UCITS ETF USD Distributing (TIGR.L) and L&G DAX Daily 2x Long UCITS ETF EUR (Acc) (DEL2.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TIGR.L is traded in USD, while DEL2.L is traded in EUR. To make them comparable, the DEL2.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TIGR.L achieves a -6.85% return, which is significantly lower than DEL2.L's -2.76% return.

TIGR.L

• 1D: 0.00%
• 1M: -0.77%
• 6M: -6.17%
• YTD: -6.85%
• 1Y: -10.05%
• 3Y*: -0.03%
• 5Y*: —
• 10Y*: —

DEL2.L

• 1D: 0.00%
• 1M: -0.78%
• 6M: -8.13%
• YTD: -2.76%
• 1Y: -1.54%
• 3Y*: 24.53%
• 5Y*: 11.75%
• 10Y*: 13.20%

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

TIGR.L vs. DEL2.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TIGR.L L&G India INR Government Bond UCITS ETF USD Distributing	-6.85%	0.84%	5.37%	5.93%	-8.86%	1.49%
DEL2.L L&G DAX Daily 2x Long UCITS ETF EUR (Acc)	-2.76%	55.69%	23.51%	38.94%	-32.05%	-1.05%

Correlation

The correlation between TIGR.L and DEL2.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021	0.29

Return for Risk

TIGR.L vs. DEL2.L — Risk / Return Rank

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

TIGR.L

TIGR.L Risk / Return Rank: 2
TIGR.L Sharpe Ratio Rank: 0
TIGR.L Sortino Ratio Rank: 1
TIGR.L Omega Ratio Rank: 1
TIGR.L Calmar Ratio Rank: 3
TIGR.L Martin Ratio Rank: 2

DEL2.L

DEL2.L Risk / Return Rank: 9
DEL2.L Sharpe Ratio Rank: 9
DEL2.L Sortino Ratio Rank: 10
DEL2.L Omega Ratio Rank: 9
DEL2.L Calmar Ratio Rank: 9
DEL2.L Martin Ratio Rank: 9

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.

TIGR.L vs. DEL2.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G India INR Government Bond UCITS ETF USD Distributing (TIGR.L) and L&G DAX Daily 2x Long UCITS ETF EUR (Acc) (DEL2.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.

	TIGR.L	DEL2.L	Difference
Sharpe ratio: Return per unit of total volatility	-1.22	-0.05	-1.17
Sortino ratio: Return per unit of downside risk	-1.63	0.16	-1.79
Omega ratio: Gain probability vs. loss probability	0.80	1.02	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.71	-0.07	-0.64
Martin ratio: Return relative to average drawdown	-1.39	-0.21	-1.18

TIGR.L vs. DEL2.L - Sharpe Ratio Comparison

The current TIGR.L Sharpe Ratio is -1.22, which is lower than the DEL2.L Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of TIGR.L and DEL2.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

TIGR.L vs. DEL2.L - Drawdown Comparison

The maximum TIGR.L drawdown since its inception was -15.01%, smaller than the maximum DEL2.L drawdown of -68.93%. Use the drawdown chart below to compare losses from any high point for TIGR.L and DEL2.L.

Drawdown Indicators

	TIGR.L	DEL2.L	Difference
Max Drawdown Largest peak-to-trough decline	-15.01%	-68.93%	+53.92%
Max Drawdown (1Y) Largest decline over 1 year	-14.06%	-27.05%	+12.99%
Max Drawdown (3Y) Largest decline over 3 years	-15.01%	-29.73%	+14.72%
Max Drawdown (5Y) Largest decline over 5 years	—	-56.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-68.93%	—
Current Drawdown Current decline from peak	-11.35%	-8.94%	-2.41%
Average Drawdown Average peak-to-trough decline	-4.65%	-18.99%	+14.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.89%	8.86%	-1.97%

Volatility

TIGR.L vs. DEL2.L - Volatility Comparison

The current volatility for L&G India INR Government Bond UCITS ETF USD Distributing (TIGR.L) is 3.18%, while L&G DAX Daily 2x Long UCITS ETF EUR (Acc) (DEL2.L) has a volatility of 9.63%. This indicates that TIGR.L experiences smaller price fluctuations and is considered to be less risky than DEL2.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIGR.L	DEL2.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.18%	9.63%	-6.45%
Volatility (6M) Calculated over the trailing 6-month period	7.15%	28.89%	-21.74%
Volatility (1Y) Calculated over the trailing 1-year period	8.19%	33.93%	-25.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.35%	36.96%	-30.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.35%	37.64%	-31.29%

TIGR.L vs. DEL2.L - Expense Ratio Comparison

TIGR.L has a 0.39% expense ratio, which is lower than DEL2.L's 0.40% expense ratio.

Dividends

TIGR.L vs. DEL2.L - Dividend Comparison

TIGR.L's dividend yield for the trailing twelve months is around 3.54%, while DEL2.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
DEL2.L L&G DAX Daily 2x Long UCITS ETF EUR (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%
TIGR.L L&G India INR Government Bond UCITS ETF USD Distributing	3.54%	6.72%	6.50%	6.26%	4.15%

Frequently Asked Questions

Can I hold both TIGR.L and DEL2.L in my portfolio?

TIGR.L and DEL2.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TIGR.L or DEL2.L?

On fees, TIGR.L is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TIGR.L or DEL2.L?

TIGR.L is cheaper with a 0.39% expense ratio, compared with 0.40% for DEL2.L.

What is the main difference between TIGR.L and DEL2.L?

TIGR.L is categorized as Government Bonds, while DEL2.L is Leveraged Equities. TIGR.L tracks L&G India INR Government Bond UCITS ETF USD Distributing, while DEL2.L tracks LevDAX x2 Index Gross TR EUR. Their fees differ too: 0.39% for TIGR.L and 0.40% for DEL2.L.