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GGRP.L vs. IWVL.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GGRP.L vs. IWVL.L

Last updated Jun 5, 2026

GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) and IWVL.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)) are both Global Equities funds - GGRP.L tracks the WisdomTree Global Developed Quality Dividend Growth while IWVL.L tracks the MSCI World Enhanced Value Index. Both are passively managed. Over the past 5 years, GGRP.L returned 8.60%/yr vs 17.53%/yr for IWVL.L. A 0.58 correlation means they provide meaningful diversification when combined. GGRP.L charges 0.38%/yr vs 0.25%/yr for IWVL.L.

Performance

GGRP.L vs. IWVL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

GGRP.L is traded in GBp, while IWVL.L is traded in USD. To make them comparable, the IWVL.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 4.80% return, which is significantly lower than IWVL.L's 34.80% return.

GGRP.L

1D
0.39%
1M
3.00%
YTD
4.80%
6M
5.09%
1Y
16.45%
3Y*
9.50%
5Y*
8.60%
10Y*
—

IWVL.L

1D
-0.68%
1M
11.30%
YTD
34.80%
6M
37.14%
1Y
67.86%
3Y*
27.07%
5Y*
17.53%
10Y*
13.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GGRP.L vs. IWVL.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GGRP.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD		4.80%7.06%9.85%11.62%-3.21%20.07%13.17%29.78%-5.75%13.25%
IWVL.L
iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)		34.80%30.41%6.96%13.56%0.94%21.25%-6.50%13.64%-8.94%8.69%

Correlation

The correlation between GGRP.L and IWVL.L is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.66

Correlation (3Y)
Calculated over the trailing 3-year period

0.68

Correlation (5Y)
Calculated over the trailing 5-year period

0.69

Correlation (All Time)
Calculated using the full available price history since Feb 20, 2017

0.58

The correlation between GGRP.L and IWVL.L shifts across timeframes, from 0.58 (all time) to 0.69 (5 years), reflecting how their relationship changes across market environments.

GGRP.L vs. IWVL.L - Sectors Allocation Comparison

Sectors
GGRP.L
IWVL.L

Technology

21.6%
33.9%

Industrials

18.8%
11.3%

Healthcare

15.7%
8.8%

Consumer Cyclical

15.4%
7.9%

Communication Services

8.6%
7.6%

Financial Services

8.4%
14.8%

Consumer Defensive

7.2%
4.5%

Basic Materials

3.7%
3.0%

Utilities

0.4%
2.5%

Real Estate

0.2%
1.8%

Energy

0.0%
3.8%

Technology

GGRP.L
21.6%
IWVL.L
33.9%

Industrials

GGRP.L
18.8%
IWVL.L
11.3%

Healthcare

GGRP.L
15.7%
IWVL.L
8.8%

Consumer Cyclical

GGRP.L
15.4%
IWVL.L
7.9%

Communication Services

GGRP.L
8.6%
IWVL.L
7.6%

Financial Services

GGRP.L
8.4%
IWVL.L
14.8%

Consumer Defensive

GGRP.L
7.2%
IWVL.L
4.5%

Basic Materials

GGRP.L
3.7%
IWVL.L
3.0%

Utilities

GGRP.L
0.4%
IWVL.L
2.5%

Real Estate

GGRP.L
0.2%
IWVL.L
1.8%

Energy

GGRP.L
0.0%
IWVL.L
3.8%

Compare stocks, funds, or ETFs

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WisdomTree Global Quality Dividend Growth UCITS ETF - USD

iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)

Often compared with GGRP.L:
GGRP.L vs. GGRG.LGGRP.L vs. FGQD.LGGRP.L vs. VHYG.LGGRP.L vs. HMWO.LGGRP.L vs. SCHDGGRP.L vs. QWLDGGRP.L vs. TDGB.L
Often compared with IWVL.L:
IWVL.L vs. VWRA.LIWVL.L vs. IWDA.ASIWVL.L vs. IWQU.LIWVL.L vs. DFIVIWVL.L vs. VOOIWVL.L vs. URTHIWVL.L vs. VT

Return for Risk

GGRP.L vs. IWVL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GGRP.L
GGRP.L Risk / Return Rank: 4646
Overall Rank
GGRP.L Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
GGRP.L Sortino Ratio Rank: 4949
Sortino Ratio Rank
GGRP.L Omega Ratio Rank: 4848
Omega Ratio Rank
GGRP.L Calmar Ratio Rank: 4040
Calmar Ratio Rank
GGRP.L Martin Ratio Rank: 4545
Martin Ratio Rank
IWVL.L
IWVL.L Risk / Return Rank: 9595
Overall Rank
IWVL.L Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
IWVL.L Sortino Ratio Rank: 9797
Sortino Ratio Rank
IWVL.L Omega Ratio Rank: 9696
Omega Ratio Rank
IWVL.L Calmar Ratio Rank: 9494
Calmar Ratio Rank
IWVL.L Martin Ratio Rank: 9595
Martin Ratio Rank
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.

GGRP.L vs. IWVL.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 Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.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.

GGRP.LIWVL.LDifference
Sharpe ratioReturn per unit of total volatility
1.60
4.57

-2.97

Sortino ratioReturn per unit of downside risk
2.39
6.11

-3.73

Omega ratioGain probability vs. loss probability

1.30

1.85

-0.56

Calmar ratioReturn relative to maximum drawdown

1.89

8.64

-6.75

Martin ratioReturn relative to average drawdown

7.20

36.13

-28.93

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGRP.L vs. IWVL.L - Sharpe Ratio Comparison

The current GGRP.L Sharpe Ratio is 1.60, which is lower than the IWVL.L Sharpe Ratio of 4.57. The chart below compares the historical Sharpe Ratios of GGRP.L and IWVL.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.

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Sharpe Ratios by Period

GGRP.LIWVL.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.60

4.57

-2.97

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

1.22

-0.50

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.85

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.90

0.75

+0.14

Drawdowns

GGRP.L vs. IWVL.L - Drawdown Comparison

The maximum GGRP.L drawdown since its inception was -22.60%, smaller than the maximum IWVL.L drawdown of -28.56%. Use the drawdown chart below to compare losses from any high point for GGRP.L and IWVL.L.

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Drawdown Indicators

GGRP.LIWVL.LDifference

Max Drawdown

Largest peak-to-trough decline

-22.60%

-28.56%

+5.96%

Max Drawdown (1Y)

Largest decline over 1 year

-8.59%

-7.82%

-0.77%

Max Drawdown (3Y)

Largest decline over 3 years

-16.46%

-14.14%

-2.32%

Max Drawdown (5Y)

Largest decline over 5 years

-16.46%

-14.14%

-2.32%

Max Drawdown (10Y)

Largest decline over 10 years

—

-28.56%

—

Current Drawdown

Current decline from peak

0.00%

-0.68%

+0.68%

Average Drawdown

Average peak-to-trough decline

-2.93%

-4.52%

+1.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.26%

1.87%

+0.39%

Volatility

GGRP.L vs. IWVL.L - Volatility Comparison

The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) is 3.00%, while iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.L) has a volatility of 6.17%. This indicates that GGRP.L experiences smaller price fluctuations and is considered to be less risky than IWVL.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.LIWVL.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.00%

6.17%

-3.17%

Volatility (6M)

Calculated over the trailing 6-month period

8.07%

12.59%

-4.52%

Volatility (1Y)

Calculated over the trailing 1-year period

10.17%

14.78%

-4.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.07%

14.34%

-2.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.35%

16.05%

-0.70%

GGRP.L vs. IWVL.L - Expense Ratio Comparison

GGRP.L has a 0.38% expense ratio, which is higher than IWVL.L's 0.25% expense ratio.

Dividends

GGRP.L vs. IWVL.L - Dividend Comparison

GGRP.L's dividend yield for the trailing twelve months is around 0.01%, while IWVL.L has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
GGRP.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD		0.01%0.01%0.54%1.86%2.42%1.60%1.46%1.88%2.13%1.41%
IWVL.L
iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

GGRP.L and IWVL.L have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IWVL.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IWVL.L is cheaper with a 0.25% expense ratio, compared with 0.38% for GGRP.L.

GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth, while IWVL.L tracks MSCI World Enhanced Value Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.38% for GGRP.L and 0.25% for IWVL.L.

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