GGRA.L vs. TDIV.L
GGRA.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) and TDIV.L (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist)) are both exchange-traded funds - GGRA.L is a Global Equity Income fund tracking the WisdomTree Global Developed Quality Dividend Growth, while TDIV.L is a Global Equities fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past 10 years, GGRA.L returned 11.69%/yr vs 13.83%/yr for TDIV.L. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.38% expense ratio.
Performance
GGRA.L vs. TDIV.L - Performance Comparison
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Returns By Period
In the year-to-date period, GGRA.L achieves a 6.13% return, which is significantly lower than TDIV.L's 11.84% return. Over the past 10 years, GGRA.L has underperformed TDIV.L with an annualized return of 11.69%, while TDIV.L has yielded a comparatively higher 13.83% annualized return.
GGRA.L
- 1D
- -0.73%
- 1M
- 0.24%
- 6M
- 4.53%
- YTD
- 6.13%
- 1Y
- 15.02%
- 3Y*
- 11.91%
- 5Y*
- 7.90%
- 10Y*
- 11.69%
TDIV.L
- 1D
- 0.32%
- 1M
- 2.15%
- 6M
- 10.53%
- YTD
- 11.84%
- 1Y
- 29.81%
- 3Y*
- 22.34%
- 5Y*
- 17.81%
- 10Y*
- 13.83%
GGRA.L vs. TDIV.L - 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 | 6.13% | 16.21% | 8.94% | 18.40% | -13.65% | 19.40% | 16.48% | 34.97% | -8.59% | 25.42% |
TDIV.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) | 11.84% | 40.41% | 8.93% | 15.44% | 9.29% | 18.14% | -2.30% | 37.03% | -6.76% | 3.94% |
Correlation
The correlation between GGRA.L and TDIV.L is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2016 | 0.70 |
The correlation between GGRA.L and TDIV.L shifts across timeframes, from 0.61 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
GGRA.L vs. TDIV.L — Risk / Return Rank
GGRA.L
TDIV.L
GGRA.L vs. TDIV.L - 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 VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) (TDIV.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.
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.
| GGRA.L | TDIV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.48 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 5.64 | -4.16 |
| Martin ratioReturn relative to average drawdown | 5.86 | 15.83 | -9.97 |
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Drawdowns
GGRA.L vs. TDIV.L - Drawdown Comparison
The maximum GGRA.L drawdown since its inception was -30.94%, smaller than the maximum TDIV.L drawdown of -37.94%. Use the drawdown chart below to compare losses from any high point for GGRA.L and TDIV.L.
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Drawdown Indicators
| GGRA.L | TDIV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.94% | -37.94% | +7.00% |
Max Drawdown (1Y)Largest decline over 1 year | -10.14% | -5.27% | -4.87% |
Max Drawdown (3Y)Largest decline over 3 years | -14.76% | -13.89% | -0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -24.35% | -18.52% | -5.83% |
Max Drawdown (10Y)Largest decline over 10 years | -30.94% | -37.94% | +7.00% |
Current DrawdownCurrent decline from peak | -0.73% | 0.00% | -0.73% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -3.99% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 1.88% | +0.68% |
Volatility
GGRA.L vs. TDIV.L - Volatility Comparison
The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L) is 2.73%, while VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) (TDIV.L) has a volatility of 2.90%. This indicates that GGRA.L experiences smaller price fluctuations and is considered to be less risky than TDIV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGRA.L | TDIV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 2.90% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 10.37% | 8.56% | +1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.34% | 11.22% | +1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.68% | 14.56% | +0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.81% | 16.20% | -1.39% |
GGRA.L vs. TDIV.L - Expense Ratio Comparison
Both GGRA.L and TDIV.L have an expense ratio of 0.38%.
Dividends
GGRA.L vs. TDIV.L - Dividend Comparison
GGRA.L has not paid dividends to shareholders, while TDIV.L's dividend yield for the trailing twelve months is around 3.10%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
TDIV.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) | 3.10% | 3.49% | 4.36% | 4.82% | 4.49% | 4.14% | 3.88% | 4.37% | 5.77% | 4.50% |
Frequently Asked Questions
GGRA.L and TDIV.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.38% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
GGRA.L and TDIV.L have the same expense ratio: 0.38% per year.
GGRA.L is categorized as Global Equity Income, while TDIV.L is Global Equities. GGRA.L tracks WisdomTree Global Developed Quality Dividend Growth, while TDIV.L tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: WisdomTree and VanEck.
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