GGRG.L vs. WCOB.L
GGRG.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) and WCOB.L (WisdomTree Enhanced Commodity UCITS ETF USD Acc) are both exchange-traded funds - GGRG.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth, while WCOB.L is a Commodities fund tracking the Optimised Roll Commodity. Both are passively managed. Over the past 5 years, GGRG.L returned 9.18%/yr vs 12.74%/yr for WCOB.L. At a 0.13 correlation, their price movements are largely independent. GGRG.L charges 0.38%/yr vs 0.35%/yr for WCOB.L.
Performance
GGRG.L vs. WCOB.L - Performance Comparison
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Returns By Period
In the year-to-date period, GGRG.L achieves a 5.29% return, which is significantly lower than WCOB.L's 31.29% return.
GGRG.L
- 1D
- 0.22%
- 1M
- 4.59%
- YTD
- 5.29%
- 6M
- 5.72%
- 1Y
- 17.64%
- 3Y*
- 10.49%
- 5Y*
- 9.18%
- 10Y*
- —
WCOB.L
- 1D
- -1.15%
- 1M
- -1.32%
- YTD
- 31.29%
- 6M
- 31.55%
- 1Y
- 45.40%
- 3Y*
- 13.21%
- 5Y*
- 12.74%
- 10Y*
- —
GGRG.L vs. WCOB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGRG.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc | 5.29% | 8.36% | 11.10% | 11.54% | -3.39% | 20.90% | 12.53% | 29.81% | -5.38% | 9.38% |
WCOB.L WisdomTree Enhanced Commodity UCITS ETF USD Acc | 31.29% | 7.73% | 4.50% | -12.06% | 25.92% | 28.89% | -3.11% | 3.86% | -3.43% | -3.53% |
Correlation
The correlation between GGRG.L and WCOB.L is -0.19, 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 | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2017 | 0.13 |
The correlation between GGRG.L and WCOB.L shifts across timeframes, from -0.19 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GGRG.L vs. WCOB.L — Risk / Return Rank
GGRG.L
WCOB.L
GGRG.L vs. WCOB.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 Enhanced Commodity UCITS ETF USD Acc (WCOB.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.
| GGRG.L | WCOB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.46 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 6.47 | -4.45 |
| Martin ratioReturn relative to average drawdown | 7.78 | 16.38 | -8.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GGRG.L | WCOB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 2.57 | -0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.83 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.66 | +0.27 |
Drawdowns
GGRG.L vs. WCOB.L - Drawdown Comparison
The maximum GGRG.L drawdown since its inception was -22.15%, smaller than the maximum WCOB.L drawdown of -27.14%. Use the drawdown chart below to compare losses from any high point for GGRG.L and WCOB.L.
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Drawdown Indicators
| GGRG.L | WCOB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.15% | -27.14% | +4.99% |
Max Drawdown (1Y)Largest decline over 1 year | -8.70% | -6.98% | -1.72% |
Max Drawdown (3Y)Largest decline over 3 years | -16.17% | -13.74% | -2.43% |
Max Drawdown (5Y)Largest decline over 5 years | -16.17% | -27.14% | +10.97% |
Current DrawdownCurrent decline from peak | 0.00% | -3.72% | +3.72% |
Average DrawdownAverage peak-to-trough decline | -2.91% | -11.70% | +8.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 2.76% | -0.50% |
Volatility
GGRG.L vs. WCOB.L - Volatility Comparison
The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) is 2.62%, while WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) has a volatility of 5.81%. This indicates that GGRG.L experiences smaller price fluctuations and is considered to be less risky than WCOB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGRG.L | WCOB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 5.81% | -3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 7.97% | 15.36% | -7.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.02% | 17.59% | -6.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.13% | 15.37% | -3.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.52% | 15.90% | -2.38% |
GGRG.L vs. WCOB.L - Expense Ratio Comparison
GGRG.L has a 0.38% expense ratio, which is higher than WCOB.L's 0.35% expense ratio.
Dividends
GGRG.L vs. WCOB.L - Dividend Comparison
Neither GGRG.L nor WCOB.L has paid dividends to shareholders.
Frequently Asked Questions
GGRG.L and WCOB.L have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WCOB.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WCOB.L is cheaper with a 0.35% expense ratio, compared with 0.38% for GGRG.L.
GGRG.L is categorized as Global Equities, while WCOB.L is Commodities. GGRG.L tracks WisdomTree Global Developed Quality Dividend Growth, while WCOB.L tracks Optimised Roll Commodity. Their fees differ too: 0.38% for GGRG.L and 0.35% for WCOB.L.
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