GGRP.L vs. AGBP.L
GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) and AGBP.L (iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist)) are both exchange-traded funds - GGRP.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth, while AGBP.L is a Global Bonds fund tracking the Bloomberg Global Aggregate TR Hdg GBP. Both are passively managed. Over the past 5 years, GGRP.L returned 8.98%/yr vs 0.12%/yr for AGBP.L. At a 0.02 correlation, their price movements are largely independent. GGRP.L charges 0.38%/yr vs 0.10%/yr for AGBP.L.
Performance
GGRP.L vs. AGBP.L - Performance Comparison
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Different Trading Currencies
GGRP.L is traded in GBp, while AGBP.L is traded in GBP. To make them comparable, the AGBP.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GGRP.L achieves a 4.96% return, which is significantly higher than AGBP.L's 0.76% return.
GGRP.L
- 1D
- 1.23%
- 1M
- 1.31%
- YTD
- 4.96%
- 6M
- 5.26%
- 1Y
- 17.19%
- 3Y*
- 10.37%
- 5Y*
- 8.98%
- 10Y*
- —
AGBP.L
- 1D
- 0.43%
- 1M
- 0.65%
- YTD
- 0.76%
- 6M
- 1.41%
- 1Y
- 3.39%
- 3Y*
- 4.13%
- 5Y*
- 0.12%
- 10Y*
- —
GGRP.L vs. AGBP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD | 4.96% | 8.49% | 11.07% | 11.60% | -3.21% | 20.97% | 11.56% | 28.30% | -5.39% | 1.99% |
AGBP.L iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) | 0.76% | 4.46% | 3.11% | 5.71% | -12.34% | -1.79% | 4.12% | 6.44% | -0.03% | 0.00% |
Correlation
The correlation between GGRP.L and AGBP.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2017 | 0.02 |
Over the past year, GGRP.L and AGBP.L have become more correlated (0.27) than their long-term average of 0.02, meaning their price movements have been converging.
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Return for Risk
GGRP.L vs. AGBP.L — Risk / Return Rank
GGRP.L
AGBP.L
GGRP.L vs. AGBP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) and iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) (AGBP.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.
| GGRP.L | AGBP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.16 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 1.23 | +0.68 |
| Martin ratioReturn relative to average drawdown | 7.40 | 3.65 | +3.76 |
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Drawdowns
GGRP.L vs. AGBP.L - Drawdown Comparison
The maximum GGRP.L drawdown since its inception was -22.60%, which is greater than AGBP.L's maximum drawdown of -16.39%. Use the drawdown chart below to compare losses from any high point for GGRP.L and AGBP.L.
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Drawdown Indicators
| GGRP.L | AGBP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.60% | -16.39% | -6.21% |
Max Drawdown (1Y)Largest decline over 1 year | -8.59% | -2.56% | -6.03% |
Max Drawdown (3Y)Largest decline over 3 years | -16.25% | -3.61% | -12.64% |
Max Drawdown (5Y)Largest decline over 5 years | -16.25% | -16.01% | -0.24% |
Current DrawdownCurrent decline from peak | -0.26% | -1.42% | +1.16% |
Average DrawdownAverage peak-to-trough decline | -3.89% | -4.77% | +0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 0.87% | +1.36% |
Volatility
GGRP.L vs. AGBP.L - Volatility Comparison
WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) has a higher volatility of 3.02% compared to iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) (AGBP.L) at 1.43%. This indicates that GGRP.L's price experiences larger fluctuations and is considered to be riskier than AGBP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGRP.L | AGBP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.02% | 1.43% | +1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 8.19% | 2.91% | +5.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.26% | 3.76% | +6.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.02% | 4.85% | +7.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.88% | 4.33% | +10.55% |
GGRP.L vs. AGBP.L - Expense Ratio Comparison
GGRP.L has a 0.38% expense ratio, which is higher than AGBP.L's 0.10% expense ratio.
Dividends
GGRP.L vs. AGBP.L - Dividend Comparison
GGRP.L's dividend yield for the trailing twelve months is around 1.13%, less than AGBP.L's 3.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AGBP.L iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) | 3.11% | 3.00% | 2.59% | 1.96% | 1.56% | 1.27% | 1.53% | 1.65% | 0.98% | 0.00% |
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD | 1.13% | 1.23% | 1.61% | 1.84% | 2.42% | 1.60% | 0.84% | 0.78% | 2.14% | 1.42% |
Frequently Asked Questions
GGRP.L and AGBP.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AGBP.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AGBP.L is cheaper with a 0.10% expense ratio, compared with 0.38% for GGRP.L.
GGRP.L is categorized as Global Equities, while AGBP.L is Global Bonds. GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth, while AGBP.L tracks Bloomberg Global Aggregate TR Hdg GBP. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.38% for GGRP.L and 0.10% for AGBP.L.
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