FAIG.L vs. GDIG.L

Last updated Jun 5, 2026

FAIG.L (WisdomTree Broad Commodities Longer Dated) and GDIG.L (VanEck S&P Global Mining UCITS ETF) are both exchange-traded funds - FAIG.L is a Commodities fund tracking the Bloomberg Commodity 3 Month Forward, while GDIG.L is a Materials fund tracking the S&P Global Mining Reduced Coal Index. Both are passively managed. Over the past 5 years, FAIG.L returned 10.77%/yr vs 14.57%/yr for GDIG.L. A 0.51 correlation means they provide meaningful diversification when combined. FAIG.L charges 0.49%/yr vs 0.50%/yr for GDIG.L.

Performance

FAIG.L vs. GDIG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Broad Commodities Longer Dated (FAIG.L) and VanEck S&P Global Mining UCITS ETF (GDIG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FAIG.L achieves a 19.26% return, which is significantly higher than GDIG.L's 17.39% return.

FAIG.L

• 1D: -1.29%
• 1M: -2.47%
• YTD: 19.26%
• 6M: 19.79%
• 1Y: 31.52%
• 3Y*: 13.45%
• 5Y*: 10.77%
• 10Y*: 7.41%

GDIG.L

• 1D: -0.27%
• 1M: 3.63%
• YTD: 17.39%
• 6M: 25.00%
• 1Y: 83.79%
• 3Y*: 30.11%
• 5Y*: 14.57%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FAIG.L vs. GDIG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FAIG.L WisdomTree Broad Commodities Longer Dated	19.26%	15.92%	4.08%	-7.24%	16.01%	30.43%	2.04%	6.53%	-11.88%
GDIG.L VanEck S&P Global Mining UCITS ETF	17.39%	90.59%	-8.68%	4.57%	3.63%	7.14%	31.37%	25.35%	-14.38%

Correlation

The correlation between FAIG.L and GDIG.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Apr 24, 2018	0.51

Over the past year, the correlation between FAIG.L and GDIG.L has dropped to 0.27 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.

Return for Risk

FAIG.L vs. GDIG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FAIG.L

FAIG.L Risk / Return Rank: 73
FAIG.L Sharpe Ratio Rank: 71
FAIG.L Sortino Ratio Rank: 64
FAIG.L Omega Ratio Rank: 71
FAIG.L Calmar Ratio Rank: 88
FAIG.L Martin Ratio Rank: 70

GDIG.L

GDIG.L Risk / Return Rank: 67
GDIG.L Sharpe Ratio Rank: 75
GDIG.L Sortino Ratio Rank: 63
GDIG.L Omega Ratio Rank: 63
GDIG.L Calmar Ratio Rank: 70
GDIG.L Martin Ratio Rank: 63

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.

FAIG.L vs. GDIG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Broad Commodities Longer Dated (FAIG.L) and VanEck S&P Global Mining UCITS ETF (GDIG.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.

	FAIG.L	GDIG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.40	-0.12
Sortino ratio: Return per unit of downside risk	2.93	2.88	+0.05
Omega ratio: Gain probability vs. loss probability	1.41	1.37	+0.04
Calmar ratio: Return relative to maximum drawdown	4.98	3.46	+1.52
Martin ratio: Return relative to average drawdown	12.76	11.25	+1.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FAIG.L vs. GDIG.L - Sharpe Ratio Comparison

The current FAIG.L Sharpe Ratio is 2.28, which is comparable to the GDIG.L Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of FAIG.L and GDIG.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.

Sharpe Ratios by Period

	FAIG.L	GDIG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.40	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.47	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.54	-0.46

Drawdowns

FAIG.L vs. GDIG.L - Drawdown Comparison

The maximum FAIG.L drawdown since its inception was -68.50%, which is greater than GDIG.L's maximum drawdown of -40.03%. Use the drawdown chart below to compare losses from any high point for FAIG.L and GDIG.L.

Drawdown Indicators

	FAIG.L	GDIG.L	Difference
Max Drawdown Largest peak-to-trough decline	-68.50%	-40.03%	-28.47%
Max Drawdown (1Y) Largest decline over 1 year	-6.30%	-24.08%	+17.78%
Max Drawdown (3Y) Largest decline over 3 years	-10.42%	-24.08%	+13.66%
Max Drawdown (5Y) Largest decline over 5 years	-24.76%	-40.03%	+15.27%
Max Drawdown (10Y) Largest decline over 10 years	-30.94%	—	—
Current Drawdown Current decline from peak	-14.57%	-11.36%	-3.21%
Average Drawdown Average peak-to-trough decline	-44.38%	-12.71%	-31.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	7.42%	-4.96%

Volatility

FAIG.L vs. GDIG.L - Volatility Comparison

The current volatility for WisdomTree Broad Commodities Longer Dated (FAIG.L) is 4.70%, while VanEck S&P Global Mining UCITS ETF (GDIG.L) has a volatility of 12.51%. This indicates that FAIG.L experiences smaller price fluctuations and is considered to be less risky than GDIG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FAIG.L	GDIG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	12.51%	-7.81%
Volatility (6M) Calculated over the trailing 6-month period	11.58%	29.02%	-17.44%
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	34.77%	-20.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	31.31%	-15.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.53%	29.92%	-16.39%

FAIG.L vs. GDIG.L - Expense Ratio Comparison

FAIG.L has a 0.49% expense ratio, which is lower than GDIG.L's 0.50% expense ratio.

Dividends

FAIG.L vs. GDIG.L - Dividend Comparison

Neither FAIG.L nor GDIG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FAIG.L and GDIG.L in my portfolio?

FAIG.L and GDIG.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FAIG.L or GDIG.L?

On fees, FAIG.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FAIG.L or GDIG.L?

FAIG.L is cheaper with a 0.49% expense ratio, compared with 0.50% for GDIG.L.

What is the main difference between FAIG.L and GDIG.L?

FAIG.L is categorized as Commodities, while GDIG.L is Materials. FAIG.L tracks Bloomberg Commodity 3 Month Forward, while GDIG.L tracks S&P Global Mining Reduced Coal Index. They also come from different issuers: WisdomTree and VanEck. Their fees differ too: 0.49% for FAIG.L and 0.50% for GDIG.L.