AIGP.L vs. PPDX.L
AIGP.L (WisdomTree Precious Metals) and PPDX.L (WisdomTree Physical Palladium) are both Precious Metals funds from WisdomTree - AIGP.L tracks the Bloomberg Precious Metals while PPDX.L tracks the LBMA Palladium Price. Both are passively managed. Over the past 3 years, AIGP.L returned 33.51%/yr vs -2.61%/yr for PPDX.L. At a 0.47 correlation, their price movements are largely independent. Both charge a 0.49% expense ratio.
Performance
AIGP.L vs. PPDX.L - Performance Comparison
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Different Trading Currencies
AIGP.L is traded in USD, while PPDX.L is traded in GBp. To make them comparable, the PPDX.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AIGP.L achieves a 4.36% return, which is significantly higher than PPDX.L's -16.77% return.
AIGP.L
- 1D
- 0.43%
- 1M
- -2.03%
- YTD
- 4.36%
- 6M
- 12.47%
- 1Y
- 48.36%
- 3Y*
- 33.51%
- 5Y*
- 17.70%
- 10Y*
- 12.03%
PPDX.L
- 1D
- -0.92%
- 1M
- -14.24%
- YTD
- -16.77%
- 6M
- -9.92%
- 1Y
- 31.08%
- 3Y*
- -2.61%
- 5Y*
- —
- 10Y*
- —
AIGP.L vs. PPDX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AIGP.L WisdomTree Precious Metals | 4.36% | 78.63% | 23.25% | 9.96% |
PPDX.L WisdomTree Physical Palladium | -16.77% | 74.24% | -19.47% | -38.85% |
Correlation
The correlation between AIGP.L and PPDX.L is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2023 | 0.47 |
The correlation between AIGP.L and PPDX.L shifts across timeframes, from 0.47 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AIGP.L vs. PPDX.L — Risk / Return Rank
AIGP.L
PPDX.L
AIGP.L vs. PPDX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Precious Metals (AIGP.L) and WisdomTree Physical Palladium (PPDX.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.
| AIGP.L | PPDX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.15 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | 0.84 | +1.24 |
| Martin ratioReturn relative to average drawdown | 5.13 | 1.82 | +3.31 |
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
| AIGP.L | PPDX.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 0.72 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | -0.21 | +0.63 |
Drawdowns
AIGP.L vs. PPDX.L - Drawdown Comparison
The maximum AIGP.L drawdown since its inception was -55.05%, roughly equal to the maximum PPDX.L drawdown of -53.14%. Use the drawdown chart below to compare losses from any high point for AIGP.L and PPDX.L.
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Drawdown Indicators
| AIGP.L | PPDX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.05% | -53.14% | -1.91% |
Max Drawdown (1Y)Largest decline over 1 year | -23.14% | -38.31% | +15.17% |
Max Drawdown (3Y)Largest decline over 3 years | -23.14% | -40.25% | +17.11% |
Max Drawdown (5Y)Largest decline over 5 years | -24.87% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.53% | — | — |
Current DrawdownCurrent decline from peak | -20.70% | -38.31% | +17.61% |
Average DrawdownAverage peak-to-trough decline | -26.79% | -36.24% | +9.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.41% | 17.69% | -8.28% |
Volatility
AIGP.L vs. PPDX.L - Volatility Comparison
The current volatility for WisdomTree Precious Metals (AIGP.L) is 8.30%, while WisdomTree Physical Palladium (PPDX.L) has a volatility of 10.38%. This indicates that AIGP.L experiences smaller price fluctuations and is considered to be less risky than PPDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIGP.L | PPDX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.30% | 10.38% | -2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 27.82% | 37.69% | -9.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.70% | 44.97% | -14.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.26% | 45.46% | -23.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.07% | 45.46% | -25.39% |
AIGP.L vs. PPDX.L - Expense Ratio Comparison
Both AIGP.L and PPDX.L have an expense ratio of 0.49%.
Dividends
AIGP.L vs. PPDX.L - Dividend Comparison
Neither AIGP.L nor PPDX.L has paid dividends to shareholders.
Frequently Asked Questions
AIGP.L and PPDX.L have a correlation of 0.61, 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.
AIGP.L and PPDX.L have the same expense ratio: 0.49% per year.
AIGP.L tracks Bloomberg Precious Metals, while PPDX.L tracks LBMA Palladium Price.
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