AIGG.L vs. WEAT.L
Compare and contrast key facts about WisdomTree Grains (AIGG.L) and WisdomTree Wheat (WEAT.L).
AIGG.L and WEAT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIGG.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Grains. It was launched on Sep 22, 2006. WEAT.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Wheat. It was launched on Sep 22, 2006. Both AIGG.L and WEAT.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIGG.L or WEAT.L.
Key characteristics
| AIGG.L | WEAT.L | |
|---|---|---|
| YTD Return | -20.04% | -21.04% |
| 1Y Return | -21.93% | -15.05% |
| 3Y Return (Ann) | -6.62% | -20.14% |
| 5Y Return (Ann) | 3.50% | -5.69% |
| 10Y Return (Ann) | -3.52% | -8.75% |
| Sharpe Ratio | -1.30 | -0.50 |
| Sortino Ratio | -1.86 | -0.56 |
| Omega Ratio | 0.80 | 0.94 |
| Calmar Ratio | -0.33 | -0.15 |
| Martin Ratio | -1.48 | -0.84 |
| Ulcer Index | 14.48% | 16.48% |
| Daily Std Dev | 16.46% | 28.03% |
| Max Drawdown | -73.81% | -93.61% |
| Current Drawdown | -63.89% | -93.56% |
Correlation
The correlation between AIGG.L and WEAT.L is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AIGG.L vs. WEAT.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with AIGG.L having a -20.04% return and WEAT.L slightly lower at -21.04%. Over the past 10 years, AIGG.L has outperformed WEAT.L with an annualized return of -3.52%, while WEAT.L has yielded a comparatively lower -8.75% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AIGG.L vs. WEAT.L - Expense Ratio Comparison
Both AIGG.L and WEAT.L have an expense ratio of 0.49%.
Risk-Adjusted Performance
AIGG.L vs. WEAT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Grains (AIGG.L) and WisdomTree Wheat (WEAT.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.
Dividends
AIGG.L vs. WEAT.L - Dividend Comparison
Neither AIGG.L nor WEAT.L has paid dividends to shareholders.
Drawdowns
AIGG.L vs. WEAT.L - Drawdown Comparison
The maximum AIGG.L drawdown since its inception was -73.81%, smaller than the maximum WEAT.L drawdown of -93.61%. Use the drawdown chart below to compare losses from any high point for AIGG.L and WEAT.L. For additional features, visit the drawdowns tool.
Volatility
AIGG.L vs. WEAT.L - Volatility Comparison
The current volatility for WisdomTree Grains (AIGG.L) is 3.74%, while WisdomTree Wheat (WEAT.L) has a volatility of 5.77%. This indicates that AIGG.L experiences smaller price fluctuations and is considered to be less risky than WEAT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.