ALUM.L vs. NICK.L
Compare and contrast key facts about WisdomTree Aluminium (ALUM.L) and WisdomTree Nickel (NICK.L).
ALUM.L and NICK.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ALUM.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Aluminum. It was launched on Sep 22, 2006. NICK.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Nickel. It was launched on Sep 22, 2006. Both ALUM.L and NICK.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ALUM.L vs. NICK.L - Performance Comparison
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ALUM.L vs. NICK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALUM.L WisdomTree Aluminium | 20.18% | 17.98% | 4.62% | -4.48% | -15.92% | 38.11% | 1.95% | -3.12% | -18.30% | 29.16% |
NICK.L WisdomTree Nickel | 2.48% | 6.27% | -8.39% | -46.66% | 46.43% | 23.82% | 14.32% | 32.82% | -14.50% | 18.74% |
Returns By Period
In the year-to-date period, ALUM.L achieves a 20.18% return, which is significantly higher than NICK.L's 2.48% return. Over the past 10 years, ALUM.L has outperformed NICK.L with an annualized return of 6.33%, while NICK.L has yielded a comparatively lower 5.77% annualized return.
ALUM.L
- 1D
- 1.70%
- 1M
- 12.26%
- YTD
- 20.18%
- 6M
- 33.16%
- 1Y
- 43.39%
- 3Y*
- 12.60%
- 5Y*
- 8.22%
- 10Y*
- 6.33%
NICK.L
- 1D
- 0.70%
- 1M
- 0.17%
- YTD
- 2.48%
- 6M
- 12.25%
- 1Y
- 4.35%
- 3Y*
- -11.47%
- 5Y*
- -0.02%
- 10Y*
- 5.77%
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ALUM.L vs. NICK.L - Expense Ratio Comparison
Both ALUM.L and NICK.L have an expense ratio of 0.49%.
Return for Risk
ALUM.L vs. NICK.L — Risk / Return Rank
ALUM.L
NICK.L
ALUM.L vs. NICK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Aluminium (ALUM.L) and WisdomTree Nickel (NICK.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.L | NICK.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.40 | 0.17 | +2.23 |
Sortino ratioReturn per unit of downside risk | 3.30 | 0.45 | +2.85 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.06 | +0.36 |
Calmar ratioReturn relative to maximum drawdown | 5.02 | 0.47 | +4.54 |
Martin ratioReturn relative to average drawdown | 17.19 | 0.93 | +16.26 |
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
| ALUM.L | NICK.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 0.17 | +2.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | -0.00 | +0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.16 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | -0.10 | -0.03 |
Correlation
The correlation between ALUM.L and NICK.L is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ALUM.L vs. NICK.L - Dividend Comparison
Neither ALUM.L nor NICK.L has paid dividends to shareholders.
Drawdowns
ALUM.L vs. NICK.L - Drawdown Comparison
The maximum ALUM.L drawdown since its inception was -77.63%, smaller than the maximum NICK.L drawdown of -87.80%. Use the drawdown chart below to compare losses from any high point for ALUM.L and NICK.L.
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Drawdown Indicators
| ALUM.L | NICK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.63% | -87.80% | +10.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.86% | -12.17% | +3.31% |
Max Drawdown (5Y)Largest decline over 5 years | -47.34% | -71.83% | +24.49% |
Max Drawdown (10Y)Largest decline over 10 years | -47.34% | -71.83% | +24.49% |
Current DrawdownCurrent decline from peak | -51.57% | -76.47% | +24.90% |
Average DrawdownAverage peak-to-trough decline | -58.67% | -70.06% | +11.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 5.74% | -3.16% |
Volatility
ALUM.L vs. NICK.L - Volatility Comparison
WisdomTree Aluminium (ALUM.L) has a higher volatility of 9.70% compared to WisdomTree Nickel (NICK.L) at 5.94%. This indicates that ALUM.L's price experiences larger fluctuations and is considered to be riskier than NICK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALUM.L | NICK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.70% | 5.94% | +3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 14.55% | 21.80% | -7.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.05% | 25.66% | -7.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.76% | 44.20% | -21.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.96% | 36.48% | -16.52% |