PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ALUM.L vs. GGRP.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ALUM.L vs. GGRP.L

Last updated Jun 5, 2026

ALUM.L (WisdomTree Aluminium) and GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) are both exchange-traded funds - ALUM.L is a Metals fund tracking the Bloomberg Aluminum, while GGRP.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth. Both are passively managed. Over the past 5 years, ALUM.L returned 7.40%/yr vs 7.46%/yr for GGRP.L. At a 0.20 correlation, their price movements are largely independent. ALUM.L charges 0.49%/yr vs 0.38%/yr for GGRP.L.

Performance

ALUM.L vs. GGRP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Aluminium (ALUM.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

ALUM.L is traded in USD, while GGRP.L is traded in GBp. To make them comparable, the GGRP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ALUM.L achieves a 25.85% return, which is significantly higher than GGRP.L's 4.55% return.

ALUM.L

1D
-0.93%
1M
2.73%
YTD
25.85%
6M
29.08%
1Y
52.01%
3Y*
17.40%
5Y*
7.40%
10Y*
6.81%

GGRP.L

1D
0.44%
1M
3.87%
YTD
4.55%
6M
6.12%
1Y
15.21%
3Y*
12.32%
5Y*
7.46%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ALUM.L vs. GGRP.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ALUM.L
WisdomTree Aluminium		25.85%17.98%4.62%-4.48%-15.92%38.11%1.95%-3.12%-18.30%17.11%
GGRP.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD		4.55%15.14%8.02%17.51%-13.56%19.26%16.37%35.48%-10.63%22.20%

Correlation

The correlation between ALUM.L and GGRP.L is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.12

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.25

Correlation (All Time)
Calculated using the full available price history since Feb 20, 2017

0.20

The correlation between ALUM.L and GGRP.L shifts across timeframes, from 0.12 (1 year) to 0.25 (5 years), reflecting how their relationship changes across market environments.

ALUM.L vs. GGRP.L - Sectors Allocation Comparison

Sectors
ALUM.L
GGRP.L

Basic Materials

100.0%
3.7%

Communication Services

-

8.6%

Consumer Cyclical

-

15.4%

Consumer Defensive

-

7.2%

Energy

-

0.0%

Financial Services

-

8.4%

Healthcare

-

15.7%

Industrials

-

18.8%

Real Estate

-

0.2%

Technology

-

21.6%

Utilities

-

0.4%

Basic Materials

ALUM.L
100.0%
GGRP.L
3.7%

Communication Services

ALUM.L

-

GGRP.L
8.6%

Consumer Cyclical

ALUM.L

-

GGRP.L
15.4%

Consumer Defensive

ALUM.L

-

GGRP.L
7.2%

Energy

ALUM.L

-

GGRP.L
0.0%

Financial Services

ALUM.L

-

GGRP.L
8.4%

Healthcare

ALUM.L

-

GGRP.L
15.7%

Industrials

ALUM.L

-

GGRP.L
18.8%

Real Estate

ALUM.L

-

GGRP.L
0.2%

Technology

ALUM.L

-

GGRP.L
21.6%

Utilities

ALUM.L

-

GGRP.L
0.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree Aluminium

WisdomTree Global Quality Dividend Growth UCITS ETF - USD

Often compared with ALUM.L:
ALUM.L vs. ^GSPCALUM.L vs. TQQQALUM.L vs. AMPS.LALUM.L vs. FIND.LALUM.L vs. AIGI.LALUM.L vs. META.LALUM.L vs. ZINC.L
Often compared with GGRP.L:
GGRP.L vs. GGRG.LGGRP.L vs. FGQD.LGGRP.L vs. VHYG.LGGRP.L vs. HMWO.LGGRP.L vs. SCHDGGRP.L vs. QWLDGGRP.L vs. TDGB.L

Return for Risk

ALUM.L vs. GGRP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ALUM.L
ALUM.L Risk / Return Rank: 8787
Overall Rank
ALUM.L Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
ALUM.L Sortino Ratio Rank: 8787
Sortino Ratio Rank
ALUM.L Omega Ratio Rank: 8282
Omega Ratio Rank
ALUM.L Calmar Ratio Rank: 9191
Calmar Ratio Rank
ALUM.L Martin Ratio Rank: 9090
Martin Ratio Rank
GGRP.L
GGRP.L Risk / Return Rank: 4646
Overall Rank
GGRP.L Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
GGRP.L Sortino Ratio Rank: 4949
Sortino Ratio Rank
GGRP.L Omega Ratio Rank: 4848
Omega Ratio Rank
GGRP.L Calmar Ratio Rank: 4040
Calmar Ratio Rank
GGRP.L Martin Ratio Rank: 4545
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALUM.L vs. GGRP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Aluminium (ALUM.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.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.

ALUM.LGGRP.LDifference
Sharpe ratioReturn per unit of total volatility
2.85
1.32

+1.52

Sortino ratioReturn per unit of downside risk
3.88
2.07

+1.81

Omega ratioGain probability vs. loss probability

1.48

1.24

+0.24

Calmar ratioReturn relative to maximum drawdown

5.84

1.48

+4.36

Martin ratioReturn relative to average drawdown

20.87

5.90

+14.97

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALUM.L vs. GGRP.L - Sharpe Ratio Comparison

The current ALUM.L Sharpe Ratio is 2.85, which is higher than the GGRP.L Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of ALUM.L and GGRP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

ALUM.LGGRP.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.85

1.32

+1.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.32

0.53

-0.20

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.34

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.11

0.86

-0.97

Drawdowns

ALUM.L vs. GGRP.L - Drawdown Comparison

The maximum ALUM.L drawdown since its inception was -77.63%, which is greater than GGRP.L's maximum drawdown of -30.97%. Use the drawdown chart below to compare losses from any high point for ALUM.L and GGRP.L.

Loading charts...

Drawdown Indicators

ALUM.LGGRP.LDifference

Max Drawdown

Largest peak-to-trough decline

-77.63%

-30.97%

-46.66%

Max Drawdown (1Y)

Largest decline over 1 year

-8.86%

-10.21%

+1.35%

Max Drawdown (3Y)

Largest decline over 3 years

-20.63%

-15.31%

-5.32%

Max Drawdown (5Y)

Largest decline over 5 years

-47.34%

-25.16%

-22.18%

Max Drawdown (10Y)

Largest decline over 10 years

-47.34%

—

—

Current Drawdown

Current decline from peak

-49.28%

0.00%

-49.28%

Average Drawdown

Average peak-to-trough decline

-58.59%

-4.79%

-53.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.48%

2.57%

-0.09%

Volatility

ALUM.L vs. GGRP.L - Volatility Comparison

WisdomTree Aluminium (ALUM.L) has a higher volatility of 6.12% compared to WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) at 3.01%. This indicates that ALUM.L's price experiences larger fluctuations and is considered to be riskier than GGRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ALUM.LGGRP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.12%

3.01%

+3.11%

Volatility (6M)

Calculated over the trailing 6-month period

15.69%

9.09%

+6.60%

Volatility (1Y)

Calculated over the trailing 1-year period

18.20%

11.47%

+6.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.79%

14.31%

+8.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.01%

17.44%

+2.57%

ALUM.L vs. GGRP.L - Expense Ratio Comparison

ALUM.L has a 0.49% expense ratio, which is higher than GGRP.L's 0.38% expense ratio.

Dividends

ALUM.L vs. GGRP.L - Dividend Comparison

ALUM.L has not paid dividends to shareholders, while GGRP.L's dividend yield for the trailing twelve months is around 0.01%.

PositionTTM202520242023202220212020201920182017
ALUM.L
WisdomTree Aluminium		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GGRP.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD		0.01%0.01%0.54%1.86%2.42%1.60%1.46%1.88%2.13%1.41%

Frequently Asked Questions

ALUM.L and GGRP.L have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, GGRP.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

GGRP.L is cheaper with a 0.38% expense ratio, compared with 0.49% for ALUM.L.

ALUM.L is categorized as Metals, while GGRP.L is Global Equities. ALUM.L tracks Bloomberg Aluminum, while GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth. Their fees differ too: 0.49% for ALUM.L and 0.38% for GGRP.L.

Portfolio Optimizer

Find the right allocation for ALUM.L and GGRP.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer