AIGC.L vs. GLD

Last updated Jun 5, 2026

AIGC.L (WisdomTree Broad Commodities) and GLD (SPDR Gold Shares) are both exchange-traded funds - AIGC.L is a Commodities fund tracking the Bloomberg Commodity, while GLD is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. Over the past 10 years, AIGC.L returned 5.99%/yr vs 13.21%/yr for GLD. At a 0.30 correlation, their price movements are largely independent. AIGC.L charges 0.49%/yr vs 0.40%/yr for GLD.

Performance

AIGC.L vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Broad Commodities (AIGC.L) and SPDR Gold Shares (GLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIGC.L achieves a 24.32% return, which is significantly higher than GLD's 3.77% return. Over the past 10 years, AIGC.L has underperformed GLD with an annualized return of 5.99%, while GLD has yielded a comparatively higher 13.21% annualized return.

AIGC.L

• 1D: -1.47%
• 1M: -4.07%
• YTD: 24.32%
• 6M: 24.87%
• 1Y: 37.57%
• 3Y*: 14.90%
• 5Y*: 10.38%
• 10Y*: 5.99%

GLD

• 1D: 0.83%
• 1M: -1.67%
• YTD: 3.77%
• 6M: 6.24%
• 1Y: 32.28%
• 3Y*: 31.19%
• 5Y*: 18.35%
• 10Y*: 13.21%

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

AIGC.L vs. GLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AIGC.L WisdomTree Broad Commodities	24.32%	16.03%	2.05%	-6.41%	13.22%	26.42%	-3.80%	7.16%	-11.46%	0.80%
GLD SPDR Gold Shares	3.77%	63.68%	26.66%	12.69%	-0.77%	-4.15%	24.81%	17.86%	-1.94%	12.81%

Correlation

The correlation between AIGC.L and GLD is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Mar 19, 2007	0.30

Return for Risk

AIGC.L vs. GLD — Risk / Return Rank

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

AIGC.L

AIGC.L Risk / Return Rank: 70
AIGC.L Sharpe Ratio Rank: 68
AIGC.L Sortino Ratio Rank: 58
AIGC.L Omega Ratio Rank: 68
AIGC.L Calmar Ratio Rank: 89
AIGC.L Martin Ratio Rank: 67

GLD

GLD Risk / Return Rank: 34
GLD Sharpe Ratio Rank: 35
GLD Sortino Ratio Rank: 31
GLD Omega Ratio Rank: 38
GLD Calmar Ratio Rank: 35
GLD Martin Ratio Rank: 29

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.

AIGC.L vs. GLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Broad Commodities (AIGC.L) and SPDR Gold Shares (GLD). 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.

	AIGC.L	GLD	Difference
Sharpe ratio: Return per unit of total volatility	2.19	1.22	+0.97
Sortino ratio: Return per unit of downside risk	2.73	1.61	+1.12
Omega ratio: Gain probability vs. loss probability	1.40	1.24	+0.15
Calmar ratio: Return relative to maximum drawdown	5.28	1.69	+3.59
Martin ratio: Return relative to average drawdown	12.07	4.15	+7.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIGC.L vs. GLD - Sharpe Ratio Comparison

The current AIGC.L Sharpe Ratio is 2.19, which is higher than the GLD Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of AIGC.L and GLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIGC.L	GLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	1.22	+0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	1.02	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.83	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	0.60	-0.62

Drawdowns

AIGC.L vs. GLD - Drawdown Comparison

The maximum AIGC.L drawdown since its inception was -75.92%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for AIGC.L and GLD.

Drawdown Indicators

	AIGC.L	GLD	Difference
Max Drawdown Largest peak-to-trough decline	-75.92%	-45.56%	-30.36%
Max Drawdown (1Y) Largest decline over 1 year	-7.09%	-19.21%	+12.12%
Max Drawdown (3Y) Largest decline over 3 years	-11.23%	-19.21%	+7.98%
Max Drawdown (5Y) Largest decline over 5 years	-26.98%	-21.03%	-5.95%
Max Drawdown (10Y) Largest decline over 10 years	-34.00%	-22.00%	-12.00%
Current Drawdown Current decline from peak	-37.42%	-17.07%	-20.35%
Average Drawdown Average peak-to-trough decline	-51.02%	-16.16%	-34.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	7.81%	-4.71%

Volatility

AIGC.L vs. GLD - Volatility Comparison

WisdomTree Broad Commodities (AIGC.L) has a higher volatility of 5.88% compared to SPDR Gold Shares (GLD) at 5.50%. This indicates that AIGC.L's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIGC.L	GLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	5.50%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	15.18%	23.16%	-7.98%
Volatility (1Y) Calculated over the trailing 1-year period	17.07%	26.60%	-9.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.14%	18.00%	+0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.76%	15.95%	-0.19%

AIGC.L vs. GLD - Expense Ratio Comparison

AIGC.L has a 0.49% expense ratio, which is higher than GLD's 0.40% expense ratio.

Dividends

AIGC.L vs. GLD - Dividend Comparison

Neither AIGC.L nor GLD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AIGC.L and GLD in my portfolio?

AIGC.L and GLD have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIGC.L or GLD?

On fees, GLD is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIGC.L or GLD?

GLD is cheaper with a 0.40% expense ratio, compared with 0.49% for AIGC.L.

What is the main difference between AIGC.L and GLD?

AIGC.L is categorized as Commodities, while GLD is Gold. AIGC.L tracks Bloomberg Commodity, while GLD tracks LBMA Gold Price PM. They also come from different issuers: WisdomTree and State Street. Their fees differ too: 0.49% for AIGC.L and 0.40% for GLD.