GGRP.L vs. COMX.L
GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) and COMX.L (WisdomTree Broad Commodities UCITS ETF) are both exchange-traded funds - GGRP.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, GGRP.L returned 11.12%/yr vs 11.49%/yr for COMX.L. At a 0.06 correlation, their price movements are largely independent. GGRP.L charges 0.38%/yr vs 0.19%/yr for COMX.L.
Performance
GGRP.L vs. COMX.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GGRP.L achieves a 5.78% return, which is significantly lower than COMX.L's 19.80% return.
GGRP.L
- 1D
- -0.33%
- 1M
- -0.13%
- 6M
- 4.56%
- YTD
- 5.78%
- 1Y
- 14.78%
- 3Y*
- 11.12%
- 5Y*
- 8.46%
- 10Y*
- —
COMX.L
- 1D
- -0.41%
- 1M
- 1.23%
- 6M
- 15.00%
- YTD
- 19.80%
- 1Y
- 29.70%
- 3Y*
- 11.49%
- 5Y*
- —
- 10Y*
- —
GGRP.L vs. COMX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD | 5.78% | 8.49% | 11.07% | 11.60% | -3.21% | 4.46% |
COMX.L WisdomTree Broad Commodities UCITS ETF | 19.80% | 8.58% | 6.24% | -12.51% | 28.76% | -25.70% |
Correlation
The correlation between GGRP.L and COMX.L is -0.23, 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 | -0.23 |
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 GGRP.L and COMX.L shifts across timeframes, from -0.23 (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
GGRP.L vs. COMX.L — Risk / Return Rank
GGRP.L
COMX.L
GGRP.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 (GGRP.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.
| GGRP.L | COMX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.29 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 2.23 | -0.51 |
| Martin ratioReturn relative to average drawdown | 6.62 | 6.90 | -0.29 |
Loading charts...
Drawdowns
GGRP.L vs. COMX.L - Drawdown Comparison
The maximum GGRP.L drawdown since its inception was -22.60%, smaller than the maximum COMX.L drawdown of -28.64%. Use the drawdown chart below to compare losses from any high point for GGRP.L and COMX.L.
Loading charts...
Drawdown Indicators
| GGRP.L | COMX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.60% | -28.64% | +6.04% |
Max Drawdown (1Y)Largest decline over 1 year | -8.59% | -13.27% | +4.68% |
Max Drawdown (3Y)Largest decline over 3 years | -16.25% | -14.69% | -1.56% |
Max Drawdown (5Y)Largest decline over 5 years | -16.25% | — | — |
Current DrawdownCurrent decline from peak | -1.04% | -8.84% | +7.80% |
Average DrawdownAverage peak-to-trough decline | -3.86% | -16.66% | +12.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 4.29% | -2.06% |
Volatility
GGRP.L vs. COMX.L - Volatility Comparison
The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) is 2.32%, while WisdomTree Broad Commodities UCITS ETF (COMX.L) has a volatility of 4.11%. This indicates that GGRP.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
| GGRP.L | COMX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 4.11% | -1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 8.29% | 16.15% | -7.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.24% | 18.17% | -7.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.04% | 20.38% | -8.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.83% | 20.38% | -5.55% |
GGRP.L vs. COMX.L - Expense Ratio Comparison
GGRP.L has a 0.38% expense ratio, which is higher than COMX.L's 0.19% expense ratio.
Dividends
GGRP.L vs. COMX.L - Dividend Comparison
GGRP.L's dividend yield for the trailing twelve months is around 1.19%, while COMX.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
COMX.L WisdomTree Broad Commodities UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD | 1.19% | 1.23% | 1.61% | 1.84% | 2.42% | 1.60% | 0.84% | 0.78% | 2.14% | 1.42% |
Frequently Asked Questions
GGRP.L and COMX.L have a correlation of -0.23, 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 GGRP.L.
GGRP.L is categorized as Global Equities, while COMX.L is Commodities. GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth, while COMX.L tracks Bloomberg Commodity. Their fees differ too: 0.38% for GGRP.L and 0.19% for COMX.L.
Find the right allocation for GGRP.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