GGRA.L vs. VEVE.L

Last updated Jun 5, 2026

GGRA.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) and VEVE.L (Vanguard FTSE Developed World UCITS ETF Distributing) are both exchange-traded funds - GGRA.L is a Global Equity Income fund tracking the WisdomTree Global Developed Quality Dividend Growth, while VEVE.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, GGRA.L returned 8.02%/yr vs 12.10%/yr for VEVE.L. Their correlation of 0.85 suggests significant overlap in exposure. GGRA.L charges 0.38%/yr vs 0.12%/yr for VEVE.L.

Performance

GGRA.L vs. VEVE.L - 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 Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GGRA.L is traded in USD, while VEVE.L is traded in GBP. To make them comparable, the VEVE.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GGRA.L achieves a 5.13% return, which is significantly lower than VEVE.L's 11.59% 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*: —

VEVE.L

• 1D: -0.02%
• 1M: 4.62%
• YTD: 11.59%
• 6M: 13.19%
• 1Y: 28.68%
• 3Y*: 21.41%
• 5Y*: 12.10%
• 10Y*: 13.21%

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

GGRA.L vs. VEVE.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	5.13%	16.19%	8.94%	18.40%	-13.65%	19.40%	16.48%	34.97%	-11.18%	29.07%
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing	11.59%	22.40%	18.22%	23.64%	-18.14%	21.56%	15.88%	27.83%	-9.80%	23.34%

Correlation

The correlation between GGRA.L and VEVE.L is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jun 9, 2016	0.85

The correlation between GGRA.L and VEVE.L has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

GGRA.L vs. VEVE.L - Sectors Allocation Comparison

Sectors	GGRA.L	VEVE.L
Technology	21.6%	29.0%
Industrials	18.8%	11.5%
Healthcare	15.7%	8.5%
Consumer Cyclical	15.4%	9.3%
Communication Services	8.6%	9.0%
Financial Services	8.4%	15.6%
Consumer Defensive	7.2%	5.1%
Basic Materials	3.7%	3.4%
Utilities	0.4%	2.6%
Real Estate	0.2%	2.0%
Energy	0.0%	4.1%

Return for Risk

GGRA.L vs. VEVE.L — 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

VEVE.L

VEVE.L Risk / Return Rank: 86
VEVE.L Sharpe Ratio Rank: 88
VEVE.L Sortino Ratio Rank: 88
VEVE.L Omega Ratio Rank: 89
VEVE.L Calmar Ratio Rank: 82
VEVE.L Martin Ratio Rank: 85

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. VEVE.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 Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.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.

	GGRA.L	VEVE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.33	2.46	-1.13
Sortino ratio: Return per unit of downside risk	2.13	3.60	-1.47
Omega ratio: Gain probability vs. loss probability	1.25	1.45	-0.19
Calmar ratio: Return relative to maximum drawdown	1.61	3.23	-1.62
Martin ratio: Return relative to average drawdown	6.38	14.32	-7.94
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. VEVE.L - Sharpe Ratio Comparison

The current GGRA.L Sharpe Ratio is 1.33, which is lower than the VEVE.L Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of GGRA.L and VEVE.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

	GGRA.L	VEVE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	2.46	-1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.80	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.74	+0.04

Drawdowns

GGRA.L vs. VEVE.L - Drawdown Comparison

The maximum GGRA.L drawdown since its inception was -30.94%, smaller than the maximum VEVE.L drawdown of -33.60%. Use the drawdown chart below to compare losses from any high point for GGRA.L and VEVE.L.

Drawdown Indicators

	GGRA.L	VEVE.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.94%	-33.60%	+2.66%
Max Drawdown (1Y) Largest decline over 1 year	-10.14%	-8.84%	-1.30%
Max Drawdown (3Y) Largest decline over 3 years	-14.77%	-17.24%	+2.47%
Max Drawdown (5Y) Largest decline over 5 years	-24.35%	-26.73%	+2.38%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.60%	—
Current Drawdown Current decline from peak	-0.16%	-0.67%	+0.51%
Average Drawdown Average peak-to-trough decline	-4.29%	-4.76%	+0.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	2.00%	+0.57%

Volatility

GGRA.L vs. VEVE.L - Volatility Comparison

WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L) has a higher volatility of 3.51% compared to Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L) at 3.10%. This indicates that GGRA.L's price experiences larger fluctuations and is considered to be riskier than VEVE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGRA.L	VEVE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	3.10%	+0.41%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	8.85%	+1.06%
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	11.62%	+0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.66%	15.17%	-0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.91%	15.59%	-0.68%

GGRA.L vs. VEVE.L - Expense Ratio Comparison

GGRA.L has a 0.38% expense ratio, which is higher than VEVE.L's 0.12% expense ratio.

Dividends

GGRA.L vs. VEVE.L - Dividend Comparison

GGRA.L has not paid dividends to shareholders, while VEVE.L's dividend yield for the trailing twelve months is around 1.23%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing	1.23%	1.38%	1.48%	1.71%	1.98%	1.46%	1.62%	1.95%	2.24%	1.93%	1.88%	2.03%

Frequently Asked Questions

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

GGRA.L and VEVE.L have a correlation of 0.81, 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 VEVE.L?

On fees, VEVE.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGRA.L or VEVE.L?

VEVE.L is cheaper with a 0.12% expense ratio, compared with 0.38% for GGRA.L.

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

GGRA.L is categorized as Global Equity Income, while VEVE.L is Global Equities. GGRA.L tracks WisdomTree Global Developed Quality Dividend Growth, while VEVE.L tracks MSCI ACWI NR USD. They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.38% for GGRA.L and 0.12% for VEVE.L.