PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
GGRA.L vs. IDEV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GGRA.L vs. IDEV

Last updated Jun 5, 2026

GGRA.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) and IDEV (iShares Core MSCI International Developed Markets ETF) are both exchange-traded funds - GGRA.L is a Global Equity Income fund tracking the WisdomTree Global Developed Quality Dividend Growth, while IDEV is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Investable Market Index. Both are passively managed. Over the past 5 years, GGRA.L returned 8.02%/yr vs 8.66%/yr for IDEV. A 0.61 correlation means they provide meaningful diversification when combined. GGRA.L charges 0.38%/yr vs 0.05%/yr for IDEV.

Performance

GGRA.L vs. IDEV - 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 Core MSCI International Developed Markets ETF (IDEV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, GGRA.L achieves a 5.13% return, which is significantly lower than IDEV's 9.80% 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*
—

IDEV

1D
0.80%
1M
2.86%
YTD
9.80%
6M
12.08%
1Y
23.60%
3Y*
17.92%
5Y*
8.66%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

GGRA.L vs. IDEV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%20.20%
IDEV
iShares Core MSCI International Developed Markets ETF		9.80%32.56%4.54%17.36%-14.99%13.00%8.32%23.12%-14.10%17.29%

Correlation

The correlation between GGRA.L and IDEV is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.63

Correlation (3Y)
Calculated over the trailing 3-year period

0.59

Correlation (5Y)
Calculated over the trailing 5-year period

0.61

Correlation (All Time)
Calculated using the full available price history since Mar 24, 2017

0.61

The correlation between GGRA.L and IDEV has been stable across timeframes, ranging from 0.59 to 0.63 - a consistent structural relationship.

GGRA.L vs. IDEV - Sectors Allocation Comparison

Sectors
GGRA.L
IDEV

Technology

21.6%
9.9%

Industrials

18.8%
19.1%

Healthcare

15.7%
8.6%

Consumer Cyclical

15.4%
7.7%

Communication Services

8.6%
4.0%

Financial Services

8.4%
24.2%

Consumer Defensive

7.2%
6.0%

Basic Materials

3.7%
8.0%

Utilities

0.4%
3.7%

Real Estate

0.2%
2.9%

Energy

0.0%
5.9%

Technology

GGRA.L
21.6%
IDEV
9.9%

Industrials

GGRA.L
18.8%
IDEV
19.1%

Healthcare

GGRA.L
15.7%
IDEV
8.6%

Consumer Cyclical

GGRA.L
15.4%
IDEV
7.7%

Communication Services

GGRA.L
8.6%
IDEV
4.0%

Financial Services

GGRA.L
8.4%
IDEV
24.2%

Consumer Defensive

GGRA.L
7.2%
IDEV
6.0%

Basic Materials

GGRA.L
3.7%
IDEV
8.0%

Utilities

GGRA.L
0.4%
IDEV
3.7%

Real Estate

GGRA.L
0.2%
IDEV
2.9%

Energy

GGRA.L
0.0%
IDEV
5.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc

iShares Core MSCI International Developed Markets ETF

Often compared with GGRA.L:
GGRA.L vs. IWFQ.LGGRA.L vs. XMAW.LGGRA.L vs. JPGL.LGGRA.L vs. FGQD.LGGRA.L vs. DFIVGGRA.L vs. QQQGGRA.L vs. IMID.L
Often compared with IDEV:
IDEV vs. VYMIIDEV vs. VEAIDEV vs. IEFAIDEV vs. IXUSIDEV vs. SCHFIDEV vs. FDEVIDEV vs. VEU

Return for Risk

GGRA.L vs. IDEV — 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: 3939
Overall Rank
GGRA.L Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
GGRA.L Sortino Ratio Rank: 4343
Sortino Ratio Rank
GGRA.L Omega Ratio Rank: 4040
Omega Ratio Rank
GGRA.L Calmar Ratio Rank: 3333
Calmar Ratio Rank
GGRA.L Martin Ratio Rank: 4141
Martin Ratio Rank
IDEV
IDEV Risk / Return Rank: 4747
Overall Rank
IDEV Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
IDEV Sortino Ratio Rank: 4848
Sortino Ratio Rank
IDEV Omega Ratio Rank: 4848
Omega Ratio Rank
IDEV Calmar Ratio Rank: 4343
Calmar Ratio Rank
IDEV Martin Ratio Rank: 5050
Martin Ratio Rank
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. IDEV - 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 Core MSCI International Developed Markets ETF (IDEV). 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.LIDEVDifference
Sharpe ratioReturn per unit of total volatility
1.33
1.63

-0.30

Sortino ratioReturn per unit of downside risk
2.13
2.32

-0.19

Omega ratioGain probability vs. loss probability

1.25

1.29

-0.04

Calmar ratioReturn relative to maximum drawdown

1.61

2.12

-0.50

Martin ratioReturn relative to average drawdown

6.38

8.30

-1.92

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. IDEV - Sharpe Ratio Comparison

The current GGRA.L Sharpe Ratio is 1.33, which is comparable to the IDEV Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of GGRA.L and IDEV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

GGRA.LIDEVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.33

1.63

-0.30

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

0.54

+0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.78

0.55

+0.23

Drawdowns

GGRA.L vs. IDEV - Drawdown Comparison

The maximum GGRA.L drawdown since its inception was -30.94%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for GGRA.L and IDEV.

Loading charts...

Drawdown Indicators

GGRA.LIDEVDifference

Max Drawdown

Largest peak-to-trough decline

-30.94%

-34.77%

+3.83%

Max Drawdown (1Y)

Largest decline over 1 year

-10.14%

-11.20%

+1.06%

Max Drawdown (3Y)

Largest decline over 3 years

-14.77%

-13.41%

-1.36%

Max Drawdown (5Y)

Largest decline over 5 years

-24.35%

-29.15%

+4.80%

Current Drawdown

Current decline from peak

-0.16%

-0.19%

+0.03%

Average Drawdown

Average peak-to-trough decline

-4.29%

-6.56%

+2.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.57%

2.85%

-0.28%

Volatility

GGRA.L vs. IDEV - Volatility Comparison

The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L) is 3.51%, while iShares Core MSCI International Developed Markets ETF (IDEV) has a volatility of 4.53%. This indicates that GGRA.L experiences smaller price fluctuations and is considered to be less risky than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

GGRA.LIDEVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.51%

4.53%

-1.02%

Volatility (6M)

Calculated over the trailing 6-month period

9.91%

12.12%

-2.21%

Volatility (1Y)

Calculated over the trailing 1-year period

12.29%

14.50%

-2.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.66%

16.26%

-1.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.91%

17.27%

-2.36%

GGRA.L vs. IDEV - Expense Ratio Comparison

GGRA.L has a 0.38% expense ratio, which is higher than IDEV's 0.05% expense ratio.

Dividends

GGRA.L vs. IDEV - Dividend Comparison

GGRA.L has not paid dividends to shareholders, while IDEV's dividend yield for the trailing twelve months is around 3.10%.

PositionTTM202520242023202220212020201920182017
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%
IDEV
iShares Core MSCI International Developed Markets ETF		3.10%3.40%3.30%3.07%2.69%3.05%2.00%3.18%3.16%1.54%

Frequently Asked Questions

GGRA.L and IDEV have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IDEV is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IDEV is cheaper with a 0.05% expense ratio, compared with 0.38% for GGRA.L.

GGRA.L is categorized as Global Equity Income, while IDEV is Foreign Large Cap Equities. GGRA.L tracks WisdomTree Global Developed Quality Dividend Growth, while IDEV tracks MSCI World ex USA Investable Market Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.38% for GGRA.L and 0.05% for IDEV.

Portfolio Optimizer

Find the right allocation for GGRA.L and IDEV

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