GGRA.L vs. FALN

Last updated Jun 5, 2026

GGRA.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) and FALN (iShares Fallen Angels USD Bond ETF) are both exchange-traded funds - GGRA.L is a Global Equity Income fund tracking the WisdomTree Global Developed Quality Dividend Growth, while FALN is a High Yield Bonds fund tracking the Bloomberg US High Yield Fallen Angel 3% Capped Index. Both are passively managed. Over the past 5 years, GGRA.L returned 8.02%/yr vs 3.82%/yr for FALN. At a 0.39 correlation, their price movements are largely independent. GGRA.L charges 0.38%/yr vs 0.25%/yr for FALN.

Performance

GGRA.L vs. FALN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L) and iShares Fallen Angels USD Bond ETF (FALN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGRA.L achieves a 5.13% return, which is significantly higher than FALN's 1.75% return.

GGRA.L

• 1D: 0.16%
• 1M: 3.46%
• YTD: 5.13%
• 6M: 6.21%
• 1Y: 16.41%
• 3Y*: 13.40%
• 5Y*: 8.02%
• 10Y*: —

FALN

• 1D: 0.19%
• 1M: 0.57%
• YTD: 1.75%
• 6M: 1.59%
• 1Y: 8.49%
• 3Y*: 9.24%
• 5Y*: 3.82%
• 10Y*: —

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

GGRA.L vs. FALN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGRA.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc	5.13%	16.19%	8.94%	18.40%	-13.65%	19.40%	16.48%	34.97%	-11.18%	29.07%
FALN iShares Fallen Angels USD Bond ETF	1.75%	8.92%	7.68%	13.47%	-13.79%	5.40%	14.85%	17.42%	-4.97%	8.70%

Correlation

The correlation between GGRA.L and FALN is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jun 20, 2016	0.39

The correlation between GGRA.L and FALN shifts across timeframes, from 0.39 (all time) to 0.49 (1 year), reflecting how their relationship changes across market environments.

GGRA.L vs. FALN - Sectors Allocation Comparison

Sectors	GGRA.L	FALN
Technology	21.6%	-
Industrials	18.8%	-
Healthcare	15.7%	-
Consumer Cyclical	15.4%	-
Communication Services	8.6%	-
Financial Services	8.4%	-
Consumer Defensive	7.2%	-
Basic Materials	3.7%	-
Utilities	0.4%	-
Real Estate	0.2%	100.0%
Energy	0.0%	-

Return for Risk

GGRA.L vs. FALN — Risk / Return Rank

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

GGRA.L

GGRA.L Risk / Return Rank: 39
GGRA.L Sharpe Ratio Rank: 38
GGRA.L Sortino Ratio Rank: 43
GGRA.L Omega Ratio Rank: 40
GGRA.L Calmar Ratio Rank: 33
GGRA.L Martin Ratio Rank: 41

FALN

FALN Risk / Return Rank: 55
FALN Sharpe Ratio Rank: 57
FALN Sortino Ratio Rank: 59
FALN Omega Ratio Rank: 61
FALN Calmar Ratio Rank: 44
FALN Martin Ratio Rank: 53

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.

GGRA.L vs. FALN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L) and iShares Fallen Angels USD Bond ETF (FALN). 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.

	GGRA.L	FALN	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.88	-0.55
Sortino ratio: Return per unit of downside risk	2.13	2.73	-0.60
Omega ratio: Gain probability vs. loss probability	1.25	1.36	-0.11
Calmar ratio: Return relative to maximum drawdown	1.61	2.15	-0.54
Martin ratio: Return relative to average drawdown	6.38	8.99	-2.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGRA.L vs. FALN - Sharpe Ratio Comparison

The current GGRA.L Sharpe Ratio is 1.33, which is comparable to the FALN Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of GGRA.L and FALN, 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

	GGRA.L	FALN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	1.88	-0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.53	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.74	+0.04

Drawdowns

GGRA.L vs. FALN - Drawdown Comparison

The maximum GGRA.L drawdown since its inception was -30.94%, which is greater than FALN's maximum drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for GGRA.L and FALN.

Drawdown Indicators

	GGRA.L	FALN	Difference
Max Drawdown Largest peak-to-trough decline	-30.94%	-29.22%	-1.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.14%	-3.96%	-6.18%
Max Drawdown (3Y) Largest decline over 3 years	-14.77%	-5.92%	-8.85%
Max Drawdown (5Y) Largest decline over 5 years	-24.35%	-18.78%	-5.57%
Current Drawdown Current decline from peak	-0.16%	-0.08%	-0.08%
Average Drawdown Average peak-to-trough decline	-4.29%	-3.32%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	0.95%	+1.62%

Volatility

GGRA.L vs. FALN - Volatility Comparison

WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L) has a higher volatility of 3.51% compared to iShares Fallen Angels USD Bond ETF (FALN) at 1.36%. This indicates that GGRA.L's price experiences larger fluctuations and is considered to be riskier than FALN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGRA.L	FALN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	1.36%	+2.15%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	3.63%	+6.28%
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	4.54%	+7.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.66%	7.31%	+7.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.91%	8.95%	+5.96%

GGRA.L vs. FALN - Expense Ratio Comparison

GGRA.L has a 0.38% expense ratio, which is higher than FALN's 0.25% expense ratio.

Dividends

GGRA.L vs. FALN - Dividend Comparison

GGRA.L has not paid dividends to shareholders, while FALN's dividend yield for the trailing twelve months is around 6.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FALN iShares Fallen Angels USD Bond ETF	6.45%	6.31%	6.24%	5.37%	5.08%	3.40%	5.14%	5.35%	5.97%	6.98%	3.55%
GGRA.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%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGRA.L and FALN in my portfolio?

GGRA.L and FALN have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGRA.L or FALN?

On fees, FALN is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGRA.L or FALN?

FALN is cheaper with a 0.25% expense ratio, compared with 0.38% for GGRA.L.

What is the main difference between GGRA.L and FALN?

GGRA.L is categorized as Global Equity Income, while FALN is High Yield Bonds. GGRA.L tracks WisdomTree Global Developed Quality Dividend Growth, while FALN tracks Bloomberg US High Yield Fallen Angel 3% Capped Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.38% for GGRA.L and 0.25% for FALN.