GGRG.L vs. GOAT
Compare and contrast key facts about WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) and VanEck Morningstar Global Wide Moat ETF (GOAT).
GGRG.L and GOAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GGRG.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global Developed Quality Dividend Growth. It was launched on Jun 3, 2016. GOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Global Wide Moat Focus Index. It was launched on Oct 30, 2018. Both GGRG.L and GOAT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GGRG.L or GOAT.
Key characteristics
| GGRG.L | GOAT |
|---|
Correlation
The correlation between GGRG.L and GOAT is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GGRG.L vs. GOAT - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GGRG.L vs. GOAT - Expense Ratio Comparison
GGRG.L has a 0.38% expense ratio, which is lower than GOAT's 0.52% expense ratio.
Risk-Adjusted Performance
GGRG.L vs. GOAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) and VanEck Morningstar Global Wide Moat ETF (GOAT). 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.
Dividends
GGRG.L vs. GOAT - Dividend Comparison
Neither GGRG.L nor GOAT has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
GGRG.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GOAT VanEck Morningstar Global Wide Moat ETF | 1.85% | 1.86% | 3.64% | 5.66% | 2.96% | 2.35% | 0.45% |
Drawdowns
GGRG.L vs. GOAT - Drawdown Comparison
Volatility
GGRG.L vs. GOAT - Volatility Comparison
WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) has a higher volatility of 2.46% compared to VanEck Morningstar Global Wide Moat ETF (GOAT) at 0.00%. This indicates that GGRG.L's price experiences larger fluctuations and is considered to be riskier than GOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.