ESGG vs. GGRG.L
Compare and contrast key facts about FlexShares STOXX Global ESG Select Index Fund (ESGG) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L).
ESGG and GGRG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESGG is a passively managed fund by Northern Trust that tracks the performance of the STOXX Global ESG Select KPIs Index. It was launched on Jul 13, 2016. GGRG.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global Developed Quality Dividend Growth. It was launched on Jun 3, 2016. Both ESGG and GGRG.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESGG or GGRG.L.
Key characteristics
| ESGG | GGRG.L | |
|---|---|---|
| YTD Return | 15.73% | 11.73% |
| 1Y Return | 23.26% | 17.59% |
| 3Y Return (Ann) | 6.07% | 7.09% |
| 5Y Return (Ann) | 12.36% | 10.78% |
| Sharpe Ratio | 2.24 | 2.00 |
| Sortino Ratio | 3.06 | 2.90 |
| Omega Ratio | 1.40 | 1.37 |
| Calmar Ratio | 3.04 | 3.88 |
| Martin Ratio | 13.25 | 13.03 |
| Ulcer Index | 1.92% | 1.29% |
| Daily Std Dev | 11.38% | 8.37% |
| Max Drawdown | -32.31% | -22.15% |
| Current Drawdown | -1.81% | -0.22% |
Correlation
The correlation between ESGG and GGRG.L is 0.63, 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.
Performance
ESGG vs. GGRG.L - Performance Comparison
In the year-to-date period, ESGG achieves a 15.73% return, which is significantly higher than GGRG.L's 11.73% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ESGG vs. GGRG.L - Expense Ratio Comparison
ESGG has a 0.42% expense ratio, which is higher than GGRG.L's 0.38% expense ratio.
Risk-Adjusted Performance
ESGG vs. GGRG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares STOXX Global ESG Select Index Fund (ESGG) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.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.
Dividends
ESGG vs. GGRG.L - Dividend Comparison
ESGG's dividend yield for the trailing twelve months is around 1.64%, while GGRG.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ESGG FlexShares STOXX Global ESG Select Index Fund | 1.64% | 1.73% | 1.83% | 1.34% | 1.36% | 1.94% | 2.12% | 1.71% | 0.87% |
GGRG.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ESGG vs. GGRG.L - Drawdown Comparison
The maximum ESGG drawdown since its inception was -32.31%, which is greater than GGRG.L's maximum drawdown of -22.15%. Use the drawdown chart below to compare losses from any high point for ESGG and GGRG.L. For additional features, visit the drawdowns tool.
Volatility
ESGG vs. GGRG.L - Volatility Comparison
FlexShares STOXX Global ESG Select Index Fund (ESGG) has a higher volatility of 3.18% compared to WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) at 2.57%. This indicates that ESGG's price experiences larger fluctuations and is considered to be riskier than GGRG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.