AIGI.L vs. GLDW.L
AIGI.L (WisdomTree Industrial Metals) and GLDW.L (WisdomTree Core Physical Gold) are both exchange-traded funds - AIGI.L is a Metals fund tracking the Bloomberg Industrial Metals, while GLDW.L is a Precious Metals fund tracking the Gold. Both are passively managed. Over the past 5 years, AIGI.L returned 5.83%/yr vs 18.61%/yr for GLDW.L. At a 0.33 correlation, their price movements are largely independent. AIGI.L charges 0.49%/yr vs 0.12%/yr for GLDW.L.
Performance
AIGI.L vs. GLDW.L - Performance Comparison
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Different Trading Currencies
AIGI.L is traded in USD, while GLDW.L is traded in GBp. To make them comparable, the GLDW.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AIGI.L achieves a 15.82% return, which is significantly higher than GLDW.L's 3.71% return.
AIGI.L
- 1D
- -0.40%
- 1M
- 4.46%
- YTD
- 15.82%
- 6M
- 21.54%
- 1Y
- 32.92%
- 3Y*
- 13.33%
- 5Y*
- 5.83%
- 10Y*
- 8.39%
GLDW.L
- 1D
- 0.68%
- 1M
- -2.18%
- YTD
- 3.71%
- 6M
- 6.15%
- 1Y
- 32.41%
- 3Y*
- 31.46%
- 5Y*
- 18.61%
- 10Y*
- —
AIGI.L vs. GLDW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AIGI.L WisdomTree Industrial Metals | 15.82% | 19.43% | 3.07% | -11.78% | -2.91% | 17.61% |
GLDW.L WisdomTree Core Physical Gold | 3.71% | 65.15% | 26.05% | 12.92% | -0.13% | 6.27% |
Correlation
The correlation between AIGI.L and GLDW.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2021 | 0.33 |
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Return for Risk
AIGI.L vs. GLDW.L — Risk / Return Rank
AIGI.L
GLDW.L
AIGI.L vs. GLDW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Industrial Metals (AIGI.L) and WisdomTree Core Physical Gold (GLDW.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.
| AIGI.L | GLDW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.25 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 1.82 | +0.74 |
| Martin ratioReturn relative to average drawdown | 6.42 | 4.75 | +1.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AIGI.L | GLDW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 1.34 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 1.07 | -0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 1.16 | -1.17 |
Drawdowns
AIGI.L vs. GLDW.L - Drawdown Comparison
The maximum AIGI.L drawdown since its inception was -69.67%, which is greater than GLDW.L's maximum drawdown of -21.42%. Use the drawdown chart below to compare losses from any high point for AIGI.L and GLDW.L.
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Drawdown Indicators
| AIGI.L | GLDW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.67% | -21.42% | -48.25% |
Max Drawdown (1Y)Largest decline over 1 year | -12.83% | -17.74% | +4.91% |
Max Drawdown (3Y)Largest decline over 3 years | -20.72% | -17.74% | -2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -41.99% | -21.42% | -20.57% |
Max Drawdown (10Y)Largest decline over 10 years | -41.99% | — | — |
Current DrawdownCurrent decline from peak | -24.66% | -15.82% | -8.84% |
Average DrawdownAverage peak-to-trough decline | -45.42% | -5.39% | -40.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.11% | 6.81% | -1.70% |
Volatility
AIGI.L vs. GLDW.L - Volatility Comparison
WisdomTree Industrial Metals (AIGI.L) and WisdomTree Core Physical Gold (GLDW.L) have volatilities of 5.54% and 5.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIGI.L | GLDW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.54% | 5.73% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 13.88% | 20.82% | -6.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.55% | 24.07% | -4.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.95% | 17.35% | +4.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.49% | 17.18% | +2.31% |
AIGI.L vs. GLDW.L - Expense Ratio Comparison
AIGI.L has a 0.49% expense ratio, which is higher than GLDW.L's 0.12% expense ratio.
Dividends
AIGI.L vs. GLDW.L - Dividend Comparison
Neither AIGI.L nor GLDW.L has paid dividends to shareholders.
Frequently Asked Questions
AIGI.L and GLDW.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLDW.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLDW.L is cheaper with a 0.12% expense ratio, compared with 0.49% for AIGI.L.
AIGI.L is categorized as Metals, while GLDW.L is Precious Metals. AIGI.L tracks Bloomberg Industrial Metals, while GLDW.L tracks Gold. Their fees differ too: 0.49% for AIGI.L and 0.12% for GLDW.L.
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