AIGI.L vs. ZINC.L
AIGI.L (WisdomTree Industrial Metals) and ZINC.L (WisdomTree Zinc) are both Metals funds from WisdomTree - AIGI.L tracks the Bloomberg Industrial Metals while ZINC.L tracks the Bloomberg Zinc. Both are passively managed. Over the past 10 years, AIGI.L returned 8.39%/yr vs 7.37%/yr for ZINC.L. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.49% expense ratio.
Performance
AIGI.L vs. ZINC.L - Performance Comparison
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Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with AIGI.L at 15.82% and ZINC.L at 15.82%. Over the past 10 years, AIGI.L has outperformed ZINC.L with an annualized return of 8.39%, while ZINC.L has yielded a comparatively lower 7.37% annualized 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%
ZINC.L
- 1D
- -0.57%
- 1M
- 6.40%
- YTD
- 15.82%
- 6M
- 17.29%
- 1Y
- 38.82%
- 3Y*
- 17.84%
- 5Y*
- 5.86%
- 10Y*
- 7.37%
AIGI.L vs. ZINC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIGI.L WisdomTree Industrial Metals | 15.82% | 19.43% | 3.07% | -11.78% | -2.91% | 28.67% | 14.31% | 6.29% | -19.44% | 26.54% |
ZINC.L WisdomTree Zinc | 15.82% | 6.70% | 13.11% | -9.01% | -11.08% | 26.65% | 15.73% | -0.07% | -22.41% | 27.77% |
Correlation
The correlation between AIGI.L and ZINC.L is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2006 | 0.69 |
The correlation between AIGI.L and ZINC.L has been stable across timeframes, ranging from 0.69 to 0.77 - a consistent structural relationship.
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Return for Risk
AIGI.L vs. ZINC.L — Risk / Return Rank
AIGI.L
ZINC.L
AIGI.L vs. ZINC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Industrial Metals (AIGI.L) and WisdomTree Zinc (ZINC.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 | ZINC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.34 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 3.60 | -1.04 |
| Martin ratioReturn relative to average drawdown | 6.42 | 13.28 | -6.86 |
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 | ZINC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 2.12 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.23 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.31 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | -0.03 | +0.03 |
Drawdowns
AIGI.L vs. ZINC.L - Drawdown Comparison
The maximum AIGI.L drawdown since its inception was -69.67%, smaller than the maximum ZINC.L drawdown of -77.49%. Use the drawdown chart below to compare losses from any high point for AIGI.L and ZINC.L.
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Drawdown Indicators
| AIGI.L | ZINC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.67% | -77.49% | +7.82% |
Max Drawdown (1Y)Largest decline over 1 year | -12.83% | -10.74% | -2.09% |
Max Drawdown (3Y)Largest decline over 3 years | -20.72% | -19.66% | -1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -41.99% | -47.04% | +5.05% |
Max Drawdown (10Y)Largest decline over 10 years | -41.99% | -47.04% | +5.05% |
Current DrawdownCurrent decline from peak | -24.66% | -36.98% | +12.32% |
Average DrawdownAverage peak-to-trough decline | -45.42% | -56.38% | +10.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.11% | 2.90% | +2.21% |
Volatility
AIGI.L vs. ZINC.L - Volatility Comparison
WisdomTree Industrial Metals (AIGI.L) has a higher volatility of 5.54% compared to WisdomTree Zinc (ZINC.L) at 4.90%. This indicates that AIGI.L's price experiences larger fluctuations and is considered to be riskier than ZINC.L 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 | ZINC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.54% | 4.90% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 13.88% | 14.12% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.55% | 18.26% | +1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.95% | 25.18% | -3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.49% | 23.98% | -4.49% |
AIGI.L vs. ZINC.L - Expense Ratio Comparison
Both AIGI.L and ZINC.L have an expense ratio of 0.49%.
Dividends
AIGI.L vs. ZINC.L - Dividend Comparison
Neither AIGI.L nor ZINC.L has paid dividends to shareholders.
Frequently Asked Questions
AIGI.L and ZINC.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AIGI.L and ZINC.L have the same expense ratio: 0.49% per year.
AIGI.L tracks Bloomberg Industrial Metals, while ZINC.L tracks Bloomberg Zinc.
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