GGRG.L vs. COMX.L
GGRG.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) and COMX.L (WisdomTree Broad Commodities UCITS ETF) are both exchange-traded funds - GGRG.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth, while COMX.L is a Commodities fund tracking the Bloomberg Commodity. Both are passively managed. Over the past 3 years, GGRG.L returned 11.05%/yr vs 11.49%/yr for COMX.L. At a 0.06 correlation, their price movements are largely independent. GGRG.L charges 0.38%/yr vs 0.19%/yr for COMX.L.
Performance
GGRG.L vs. COMX.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GGRG.L achieves a 6.01% return, which is significantly lower than COMX.L's 19.80% return.
GGRG.L
- 1D
- -0.33%
- 1M
- 0.11%
- 6M
- 4.64%
- YTD
- 6.01%
- 1Y
- 14.78%
- 3Y*
- 11.05%
- 5Y*
- 8.43%
- 10Y*
- 11.49%
COMX.L
- 1D
- -0.41%
- 1M
- 1.23%
- 6M
- 15.00%
- YTD
- 19.80%
- 1Y
- 29.70%
- 3Y*
- 11.49%
- 5Y*
- —
- 10Y*
- —
GGRG.L vs. COMX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GGRG.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc | 6.01% | 8.36% | 11.10% | 11.54% | -3.39% | 4.76% |
COMX.L WisdomTree Broad Commodities UCITS ETF | 19.80% | 8.58% | 6.24% | -12.51% | 28.76% | -25.70% |
Correlation
The correlation between GGRG.L and COMX.L is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2021 | 0.06 |
The correlation between GGRG.L and COMX.L shifts across timeframes, from -0.22 (1 year) to 0.06 (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
GGRG.L vs. COMX.L — Risk / Return Rank
GGRG.L
COMX.L
GGRG.L vs. COMX.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 (GGRG.L) and WisdomTree Broad Commodities UCITS ETF (COMX.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.
| GGRG.L | COMX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.29 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 2.23 | -0.54 |
| Martin ratioReturn relative to average drawdown | 6.55 | 6.90 | -0.35 |
Loading charts...
Drawdowns
GGRG.L vs. COMX.L - Drawdown Comparison
The maximum GGRG.L drawdown since its inception was -32.96%, which is greater than COMX.L's maximum drawdown of -28.64%. Use the drawdown chart below to compare losses from any high point for GGRG.L and COMX.L.
Loading charts...
Drawdown Indicators
| GGRG.L | COMX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.96% | -28.64% | -4.32% |
Max Drawdown (1Y)Largest decline over 1 year | -8.70% | -13.27% | +4.57% |
Max Drawdown (3Y)Largest decline over 3 years | -20.04% | -14.69% | -5.35% |
Max Drawdown (5Y)Largest decline over 5 years | -20.04% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -22.15% | — | — |
Current DrawdownCurrent decline from peak | -1.15% | -8.84% | +7.69% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -16.66% | +10.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | 4.29% | -2.04% |
Volatility
GGRG.L vs. COMX.L - Volatility Comparison
The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) is 2.13%, while WisdomTree Broad Commodities UCITS ETF (COMX.L) has a volatility of 4.11%. This indicates that GGRG.L experiences smaller price fluctuations and is considered to be less risky than COMX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GGRG.L | COMX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.13% | 4.11% | -1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 8.21% | 16.15% | -7.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.98% | 18.17% | -7.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.41% | 20.38% | -1.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.47% | 20.38% | -3.91% |
GGRG.L vs. COMX.L - Expense Ratio Comparison
GGRG.L has a 0.38% expense ratio, which is higher than COMX.L's 0.19% expense ratio.
Dividends
GGRG.L vs. COMX.L - Dividend Comparison
Neither GGRG.L nor COMX.L has paid dividends to shareholders.
Frequently Asked Questions
GGRG.L and COMX.L have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COMX.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COMX.L is cheaper with a 0.19% expense ratio, compared with 0.38% for GGRG.L.
GGRG.L is categorized as Global Equities, while COMX.L is Commodities. GGRG.L tracks WisdomTree Global Developed Quality Dividend Growth, while COMX.L tracks Bloomberg Commodity. Their fees differ too: 0.38% for GGRG.L and 0.19% for COMX.L.
Find the right allocation for GGRG.L and COMX.L
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