AIGI.L vs. IS3N.DE
AIGI.L (WisdomTree Industrial Metals) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - AIGI.L is a Metals fund tracking the Bloomberg Industrial Metals, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index (IMI). Both are passively managed. Over the past 10 years, AIGI.L returned 6.69%/yr vs 8.90%/yr for IS3N.DE. At a 0.42 correlation, their price movements are largely independent. AIGI.L charges 0.49%/yr vs 0.18%/yr for IS3N.DE.
Performance
AIGI.L vs. IS3N.DE - Performance Comparison
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Different Trading Currencies
AIGI.L is traded in USD, while IS3N.DE is traded in EUR. To make them comparable, the IS3N.DE 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 7.15% return, which is significantly lower than IS3N.DE's 15.06% return. Over the past 10 years, AIGI.L has underperformed IS3N.DE with an annualized return of 6.69%, while IS3N.DE has yielded a comparatively higher 8.90% annualized return.
AIGI.L
- 1D
- -1.30%
- 1M
- -4.42%
- 6M
- 3.37%
- YTD
- 7.15%
- 1Y
- 14.44%
- 3Y*
- 10.13%
- 5Y*
- 4.33%
- 10Y*
- 6.69%
IS3N.DE
- 1D
- -2.01%
- 1M
- -8.49%
- 6M
- 9.41%
- YTD
- 15.06%
- 1Y
- 28.92%
- 3Y*
- 18.34%
- 5Y*
- 6.54%
- 10Y*
- 8.90%
AIGI.L vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIGI.L WisdomTree Industrial Metals | 7.15% | 19.45% | 3.05% | -11.75% | -2.91% | 28.67% | 14.34% | 6.22% | -19.39% | 26.52% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 15.06% | 32.24% | 7.37% | 10.58% | -18.59% | -1.36% | 17.53% | 18.43% | -15.24% | 37.46% |
Correlation
The correlation between AIGI.L and IS3N.DE is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2014 | 0.42 |
The correlation between AIGI.L and IS3N.DE shifts across timeframes, from 0.42 (all time) to 0.55 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AIGI.L vs. IS3N.DE — Risk / Return Rank
AIGI.L
IS3N.DE
AIGI.L vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Industrial Metals (AIGI.L) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE). 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.
| AIGI.L | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.25 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 2.26 | -0.98 |
| Martin ratioReturn relative to average drawdown | 2.79 | 7.18 | -4.39 |
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Drawdowns
AIGI.L vs. IS3N.DE - Drawdown Comparison
The maximum AIGI.L drawdown since its inception was -67.67%, which is greater than IS3N.DE's maximum drawdown of -39.05%. Use the drawdown chart below to compare losses from any high point for AIGI.L and IS3N.DE.
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Drawdown Indicators
| AIGI.L | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.67% | -39.05% | -28.62% |
Max Drawdown (1Y)Largest decline over 1 year | -12.80% | -12.72% | -0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -20.72% | -18.38% | -2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -41.97% | -33.66% | -8.31% |
Max Drawdown (10Y)Largest decline over 10 years | -41.97% | -39.05% | -2.92% |
Current DrawdownCurrent decline from peak | -25.73% | -10.52% | -15.21% |
Average DrawdownAverage peak-to-trough decline | -43.71% | -13.96% | -29.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.89% | 4.02% | +1.87% |
Volatility
AIGI.L vs. IS3N.DE - Volatility Comparison
The current volatility for WisdomTree Industrial Metals (AIGI.L) is 6.33%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 8.38%. This indicates that AIGI.L experiences smaller price fluctuations and is considered to be less risky than IS3N.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIGI.L | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.33% | 8.38% | -2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 13.67% | 18.82% | -5.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.12% | 20.96% | -0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.04% | 18.69% | +3.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.48% | 19.31% | +0.17% |
AIGI.L vs. IS3N.DE - Expense Ratio Comparison
AIGI.L has a 0.49% expense ratio, which is higher than IS3N.DE's 0.18% expense ratio.
Dividends
AIGI.L vs. IS3N.DE - Dividend Comparison
Neither AIGI.L nor IS3N.DE has paid dividends to shareholders.
Frequently Asked Questions
AIGI.L and IS3N.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3N.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3N.DE is cheaper with a 0.18% expense ratio, compared with 0.49% for AIGI.L.
AIGI.L is categorized as Metals, while IS3N.DE is Emerging Markets Equities. AIGI.L tracks Bloomberg Industrial Metals, while IS3N.DE tracks MSCI Emerging Markets Investable Market Index (IMI). They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.49% for AIGI.L and 0.18% for IS3N.DE.
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