VFEG.L vs. LDME.L
VFEG.L (Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating) and LDME.L (L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis) are both Emerging Markets Equities funds - VFEG.L tracks the FTSE Emerging Index while LDME.L tracks the L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis. Both are passively managed. Over the past 5 years, VFEG.L returned 5.85%/yr vs 9.82%/yr for LDME.L. Their correlation of 0.81 suggests significant overlap in exposure. VFEG.L charges 0.17%/yr vs 0.45%/yr for LDME.L.
Performance
VFEG.L vs. LDME.L - Performance Comparison
Loading charts...
Different Trading Currencies
VFEG.L is traded in GBP, while LDME.L is traded in GBp. To make them comparable, the LDME.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, VFEG.L achieves a 9.78% return, which is significantly lower than LDME.L's 11.94% return.
VFEG.L
- 1D
- -0.34%
- 1M
- -2.79%
- 6M
- 5.49%
- YTD
- 9.78%
- 1Y
- 21.11%
- 3Y*
- 14.82%
- 5Y*
- 5.85%
- 10Y*
- —
LDME.L
- 1D
- -0.95%
- 1M
- -4.00%
- 6M
- 8.40%
- YTD
- 11.94%
- 1Y
- 21.67%
- 3Y*
- 16.11%
- 5Y*
- 9.82%
- 10Y*
- —
VFEG.L vs. LDME.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VFEG.L Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating | 9.78% | 17.15% | 14.12% | 1.28% | -7.26% | -2.38% |
LDME.L L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis | 11.94% | 16.54% | 11.33% | 10.64% | -2.34% | 7,358.59% |
Correlation
The correlation between VFEG.L and LDME.L is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021 | 0.81 |
The correlation between VFEG.L and LDME.L has been stable across timeframes, ranging from 0.79 to 0.81 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VFEG.L vs. LDME.L — Risk / Return Rank
VFEG.L
LDME.L
VFEG.L vs. LDME.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating (VFEG.L) and L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis (LDME.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.
| VFEG.L | LDME.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.33 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 3.53 | -1.19 |
| Martin ratioReturn relative to average drawdown | 7.10 | 9.38 | -2.28 |
Loading charts...
Drawdowns
VFEG.L vs. LDME.L - Drawdown Comparison
The maximum VFEG.L drawdown since its inception was -34.33%, which is greater than LDME.L's maximum drawdown of -14.82%. Use the drawdown chart below to compare losses from any high point for VFEG.L and LDME.L.
Loading charts...
Drawdown Indicators
| VFEG.L | LDME.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.33% | -14.82% | -19.51% |
Max Drawdown (1Y)Largest decline over 1 year | -8.99% | -6.44% | -2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -22.33% | -14.82% | -7.51% |
Max Drawdown (5Y)Largest decline over 5 years | -22.33% | -14.82% | -7.51% |
Current DrawdownCurrent decline from peak | -4.74% | -5.29% | +0.55% |
Average DrawdownAverage peak-to-trough decline | -11.74% | -3.24% | -8.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 2.42% | +0.55% |
Volatility
VFEG.L vs. LDME.L - Volatility Comparison
Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating (VFEG.L) has a higher volatility of 4.97% compared to L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis (LDME.L) at 3.97%. This indicates that VFEG.L's price experiences larger fluctuations and is considered to be riskier than LDME.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VFEG.L | LDME.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.97% | 3.97% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 12.24% | 9.77% | +2.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 12.12% | +2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 12.65% | +7.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.13% | 3,216.41% | -3,194.28% |
VFEG.L vs. LDME.L - Expense Ratio Comparison
VFEG.L has a 0.17% expense ratio, which is lower than LDME.L's 0.45% expense ratio.
Dividends
VFEG.L vs. LDME.L - Dividend Comparison
VFEG.L has not paid dividends to shareholders, while LDME.L's dividend yield for the trailing twelve months is around 2.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
LDME.L L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis | 2.85% | 3.04% | 3.67% | 3.56% | 4.57% | 1.55% |
VFEG.L Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VFEG.L and LDME.L have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VFEG.L is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VFEG.L is cheaper with a 0.17% expense ratio, compared with 0.45% for LDME.L.
VFEG.L tracks FTSE Emerging Index, while LDME.L tracks L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis. They also come from different issuers: Vanguard and L&G. Their fees differ too: 0.17% for VFEG.L and 0.45% for LDME.L.
Find the right allocation for VFEG.L and LDME.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer