GGRG.L vs. WCOM.L

Last updated Jun 5, 2026

GGRG.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) and WCOM.L (WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc) are both exchange-traded funds - GGRG.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth, while WCOM.L is a Commodities fund tracking the Optimized Roll Commodity (GBP Hedged). Both are passively managed. Over the past 5 years, GGRG.L returned 9.18%/yr vs 10.96%/yr for WCOM.L. At a 0.12 correlation, their price movements are largely independent. GGRG.L charges 0.38%/yr vs 0.35%/yr for WCOM.L.

Performance

GGRG.L vs. WCOM.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 (GGRG.L) and WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGRG.L achieves a 5.29% return, which is significantly lower than WCOM.L's 31.62% 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*: —

WCOM.L

• 1D: -1.12%
• 1M: -2.65%
• YTD: 31.62%
• 6M: 32.85%
• 1Y: 44.26%
• 3Y*: 15.95%
• 5Y*: 10.96%
• 10Y*: —

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

GGRG.L vs. WCOM.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
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%	-12.58%
WCOM.L WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc	31.62%	15.31%	2.49%	-7.76%	11.71%	25.55%	-0.57%	4.18%	-6.00%

Correlation

The correlation between GGRG.L and WCOM.L is -0.26, 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	-0.26
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since Aug 20, 2018	0.12

The correlation between GGRG.L and WCOM.L shifts across timeframes, from -0.26 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GGRG.L vs. WCOM.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GGRG.L

GGRG.L Risk / Return Rank: 46
GGRG.L Sharpe Ratio Rank: 46
GGRG.L Sortino Ratio Rank: 48
GGRG.L Omega Ratio Rank: 48
GGRG.L Calmar Ratio Rank: 41
GGRG.L Martin Ratio Rank: 48

WCOM.L

WCOM.L Risk / Return Rank: 85
WCOM.L Sharpe Ratio Rank: 84
WCOM.L Sortino Ratio Rank: 78
WCOM.L Omega Ratio Rank: 82
WCOM.L Calmar Ratio Rank: 94
WCOM.L Martin Ratio Rank: 87

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.

GGRG.L vs. WCOM.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 GBP Hedged Acc (WCOM.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	WCOM.L	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.70	-1.11
Sortino ratio: Return per unit of downside risk	2.33	3.45	-1.12
Omega ratio: Gain probability vs. loss probability	1.30	1.49	-0.19
Calmar ratio: Return relative to maximum drawdown	2.02	7.18	-5.17
Martin ratio: Return relative to average drawdown	7.78	18.61	-10.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGRG.L vs. WCOM.L - Sharpe Ratio Comparison

The current GGRG.L Sharpe Ratio is 1.60, which is lower than the WCOM.L Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of GGRG.L and WCOM.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

	GGRG.L	WCOM.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	2.70	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.72	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.65	+0.28

Drawdowns

GGRG.L vs. WCOM.L - Drawdown Comparison

The maximum GGRG.L drawdown since its inception was -22.15%, smaller than the maximum WCOM.L drawdown of -27.58%. Use the drawdown chart below to compare losses from any high point for GGRG.L and WCOM.L.

Drawdown Indicators

	GGRG.L	WCOM.L	Difference
Max Drawdown Largest peak-to-trough decline	-22.15%	-27.58%	+5.43%
Max Drawdown (1Y) Largest decline over 1 year	-8.70%	-6.13%	-2.57%
Max Drawdown (3Y) Largest decline over 3 years	-16.17%	-9.58%	-6.59%
Max Drawdown (5Y) Largest decline over 5 years	-16.17%	-26.41%	+10.24%
Current Drawdown Current decline from peak	0.00%	-4.05%	+4.05%
Average Drawdown Average peak-to-trough decline	-2.91%	-12.36%	+9.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	2.37%	-0.11%

Volatility

GGRG.L vs. WCOM.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 GBP Hedged Acc (WCOM.L) has a volatility of 5.37%. This indicates that GGRG.L experiences smaller price fluctuations and is considered to be less risky than WCOM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGRG.L	WCOM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	5.37%	-2.75%
Volatility (6M) Calculated over the trailing 6-month period	7.97%	14.40%	-6.43%
Volatility (1Y) Calculated over the trailing 1-year period	11.02%	16.30%	-5.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.13%	15.22%	-3.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.52%	13.92%	-0.40%

GGRG.L vs. WCOM.L - Expense Ratio Comparison

GGRG.L has a 0.38% expense ratio, which is higher than WCOM.L's 0.35% expense ratio.

Dividends

GGRG.L vs. WCOM.L - Dividend Comparison

Neither GGRG.L nor WCOM.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GGRG.L and WCOM.L in my portfolio?

GGRG.L and WCOM.L have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGRG.L or WCOM.L?

On fees, WCOM.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGRG.L or WCOM.L?

WCOM.L is cheaper with a 0.35% expense ratio, compared with 0.38% for GGRG.L.

What is the main difference between GGRG.L and WCOM.L?

GGRG.L is categorized as Global Equities, while WCOM.L is Commodities. GGRG.L tracks WisdomTree Global Developed Quality Dividend Growth, while WCOM.L tracks Optimized Roll Commodity (GBP Hedged). Their fees differ too: 0.38% for GGRG.L and 0.35% for WCOM.L.