GCC vs. VOO
GCC (WisdomTree Enhanced Commodity Strategy Fund) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - GCC is a Commodities fund actively managed by WisdomTree, while VOO is a S&P 500 fund tracking the S&P 500 Index. GCC is actively managed, while VOO is passively managed. Over the past 10 years, GCC returned 6.00%/yr vs 15.77%/yr for VOO. At a 0.30 correlation, their price movements are largely independent. GCC charges 0.55%/yr vs 0.03%/yr for VOO.
Performance
GCC vs. VOO - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with GCC having a 9.55% return and VOO slightly higher at 9.75%. Over the past 10 years, GCC has underperformed VOO with an annualized return of 6.00%, while VOO has yielded a comparatively higher 15.77% annualized return.
GCC
- 1D
- -0.34%
- 1M
- -8.49%
- YTD
- 9.55%
- 6M
- 9.43%
- 1Y
- 22.24%
- 3Y*
- 15.39%
- 5Y*
- 10.56%
- 10Y*
- 6.00%
VOO
- 1D
- -0.29%
- 1M
- 0.08%
- YTD
- 9.75%
- 6M
- 9.30%
- 1Y
- 26.77%
- 3Y*
- 21.36%
- 5Y*
- 13.58%
- 10Y*
- 15.77%
GCC vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GCC WisdomTree Enhanced Commodity Strategy Fund | 9.55% | 20.01% | 15.13% | -3.72% | 7.74% | 19.96% | 1.38% | 7.07% | -8.69% | -0.57% |
VOO Vanguard S&P 500 ETF | 9.75% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between GCC and VOO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.30 |
The correlation between GCC and VOO shifts across timeframes, from 0.19 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GCC vs. VOO — Risk / Return Rank
GCC
VOO
GCC vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity Strategy Fund (GCC) and Vanguard S&P 500 ETF (VOO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GCC | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.39 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 3.02 | -1.24 |
| Martin ratioReturn relative to average drawdown | 6.32 | 13.58 | -7.26 |
Loading charts...
Drawdowns
GCC vs. VOO - Drawdown Comparison
The maximum GCC drawdown since its inception was -63.19%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GCC and VOO.
Loading charts...
Drawdown Indicators
| GCC | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.19% | -33.99% | -29.20% |
Max Drawdown (1Y)Largest decline over 1 year | -12.53% | -8.90% | -3.63% |
Max Drawdown (3Y)Largest decline over 3 years | -12.53% | -18.69% | +6.16% |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | -24.52% | -2.55% |
Max Drawdown (10Y)Largest decline over 10 years | -32.67% | -33.99% | +1.32% |
Current DrawdownCurrent decline from peak | -12.53% | -1.74% | -10.79% |
Average DrawdownAverage peak-to-trough decline | -34.84% | -3.68% | -31.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 1.98% | +1.56% |
Volatility
GCC vs. VOO - Volatility Comparison
The current volatility for WisdomTree Enhanced Commodity Strategy Fund (GCC) is 3.98%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.60%. This indicates that GCC experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GCC | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 4.60% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 15.21% | 9.73% | +5.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.08% | 12.39% | +4.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.92% | 16.90% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.79% | 18.05% | -3.26% |
GCC vs. VOO - Expense Ratio Comparison
GCC has a 0.55% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
GCC vs. VOO - Dividend Comparison
GCC's dividend yield for the trailing twelve months is around 6.06%, more than VOO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCC WisdomTree Enhanced Commodity Strategy Fund | 6.06% | 6.64% | 3.51% | 3.68% | 22.49% | 9.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.04% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
GCC and VOO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (4.60%) compared to GCC (3.98%). In terms of maximum drawdown, GCC dropped -63.19% vs VOO's -33.99%.
On 10-year performance, VOO leads with 15.77% vs 6.00% for GCC. On fees, VOO is cheaper at 0.03% per year. On volatility, GCC has been the lower-risk option at 3.98%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VOO has performed better with a 15.77% return vs 6.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 0.55% for GCC.
GCC has the higher dividend yield at 6.06%, compared with 1.04% for VOO.
GCC is categorized as Commodities, while VOO is S&P 500. They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.55% for GCC and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (2.17 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for GCC and VOO
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