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

GGRP.L vs. WLDS.L

Last updated Jun 14, 2026

GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) and WLDS.L (iShares MSCI World Small Cap UCITS ETF) are both exchange-traded funds - GGRP.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth, while WLDS.L is a Small Cap Blend Equities fund tracking the MSCI World Small Cap Inde. Both are passively managed. Over the past 5 years, GGRP.L returned 8.98%/yr vs 8.13%/yr for WLDS.L. A 0.80 correlation means they provide meaningful diversification when combined. GGRP.L charges 0.38%/yr vs 0.35%/yr for WLDS.L.

Performance

GGRP.L vs. WLDS.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 MSCI World Small Cap UCITS ETF (WLDS.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 WLDS.L is traded in GBP. To make them comparable, the WLDS.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 lower than WLDS.L's 15.41% 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*
—

WLDS.L

1D
2.23%
1M
3.04%
YTD
15.41%
6M
14.39%
1Y
34.08%
3Y*
14.50%
5Y*
8.13%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021202020192018
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%3.79%
WLDS.L
iShares MSCI World Small Cap UCITS ETF		15.41%11.75%8.63%11.26%-8.89%16.71%12.54%20.41%-31.05%

Correlation

The correlation between GGRP.L and WLDS.L is 0.78, 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

0.78

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

0.74

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

0.78

Correlation (All Time)
Calculated using the full available price history since Mar 27, 2018

0.80

The correlation between GGRP.L and WLDS.L has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

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

Sectors
GGRP.L
WLDS.L

Technology

21.6%
16.0%

Industrials

18.8%
19.7%

Healthcare

15.7%
10.0%

Consumer Cyclical

15.4%
10.6%

Communication Services

8.6%
3.2%

Financial Services

8.4%
13.2%

Consumer Defensive

7.2%
3.8%

Basic Materials

3.7%
8.0%

Utilities

0.4%
2.7%

Real Estate

0.2%
8.0%

Energy

0.0%
4.8%

Technology

GGRP.L
21.6%
WLDS.L
16.0%

Industrials

GGRP.L
18.8%
WLDS.L
19.7%

Healthcare

GGRP.L
15.7%
WLDS.L
10.0%

Consumer Cyclical

GGRP.L
15.4%
WLDS.L
10.6%

Communication Services

GGRP.L
8.6%
WLDS.L
3.2%

Financial Services

GGRP.L
8.4%
WLDS.L
13.2%

Consumer Defensive

GGRP.L
7.2%
WLDS.L
3.8%

Basic Materials

GGRP.L
3.7%
WLDS.L
8.0%

Utilities

GGRP.L
0.4%
WLDS.L
2.7%

Real Estate

GGRP.L
0.2%
WLDS.L
8.0%

Energy

GGRP.L
0.0%
WLDS.L
4.8%

Compare stocks, funds, or ETFs

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WisdomTree Global Quality Dividend Growth UCITS ETF - USD

iShares MSCI World Small Cap UCITS ETF

Often compared with GGRP.L:
GGRP.L vs. FGQD.LGGRP.L vs. GGRG.LGGRP.L vs. VHYG.LGGRP.L vs. HMWO.LGGRP.L vs. QWLDGGRP.L vs. SCHDGGRP.L vs. TDGB.L
Often compared with WLDS.L:
WLDS.L vs. WOSC.LWLDS.L vs. AVSG.LWLDS.L vs. URTHWLDS.L vs. EQGB.LWLDS.L vs. EXUS.LWLDS.L vs. VUAA.LWLDS.L vs. XRSG.L

Return for Risk

GGRP.L vs. WLDS.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: 5252
Overall Rank
GGRP.L Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
GGRP.L Sortino Ratio Rank: 5757
Sortino Ratio Rank
GGRP.L Omega Ratio Rank: 5555
Omega Ratio Rank
GGRP.L Calmar Ratio Rank: 4444
Calmar Ratio Rank
GGRP.L Martin Ratio Rank: 5050
Martin Ratio Rank
WLDS.L
WLDS.L Risk / Return Rank: 8787
Overall Rank
WLDS.L Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
WLDS.L Sortino Ratio Rank: 9090
Sortino Ratio Rank
WLDS.L Omega Ratio Rank: 8686
Omega Ratio Rank
WLDS.L Calmar Ratio Rank: 8686
Calmar Ratio Rank
WLDS.L Martin Ratio Rank: 8686
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. WLDS.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 MSCI World Small Cap UCITS ETF (WLDS.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.LWLDS.LDifference
Sharpe ratioReturn per unit of total volatility
1.61
2.58

-0.97

Sortino ratioReturn per unit of downside risk
2.40
3.66

-1.26

Omega ratioGain probability vs. loss probability

1.30

1.46

-0.16

Calmar ratioReturn relative to maximum drawdown

1.92

4.23

-2.31

Martin ratioReturn relative to average drawdown

7.40

15.95

-8.54

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

The current GGRP.L Sharpe Ratio is 1.61, which is lower than the WLDS.L Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of GGRP.L and WLDS.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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Drawdowns

GGRP.L vs. WLDS.L - Drawdown Comparison

The maximum GGRP.L drawdown since its inception was -22.60%, smaller than the maximum WLDS.L drawdown of -43.18%. Use the drawdown chart below to compare losses from any high point for GGRP.L and WLDS.L.

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Drawdown Indicators

GGRP.LWLDS.LDifference

Max Drawdown

Largest peak-to-trough decline

-22.60%

-43.18%

+20.58%

Max Drawdown (1Y)

Largest decline over 1 year

-8.59%

-7.86%

-0.73%

Max Drawdown (3Y)

Largest decline over 3 years

-16.25%

-21.53%

+5.28%

Max Drawdown (5Y)

Largest decline over 5 years

-16.25%

-21.53%

+5.28%

Current Drawdown

Current decline from peak

-0.26%

0.00%

-0.26%

Average Drawdown

Average peak-to-trough decline

-3.89%

-12.28%

+8.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

2.09%

+0.14%

Volatility

GGRP.L vs. WLDS.L - Volatility Comparison

The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) is 3.02%, while iShares MSCI World Small Cap UCITS ETF (WLDS.L) has a volatility of 4.13%. This indicates that GGRP.L experiences smaller price fluctuations and is considered to be less risky than WLDS.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.LWLDS.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.02%

4.13%

-1.11%

Volatility (6M)

Calculated over the trailing 6-month period

8.19%

9.74%

-1.55%

Volatility (1Y)

Calculated over the trailing 1-year period

10.26%

12.93%

-2.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.02%

20.30%

-8.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.88%

22.45%

-7.57%

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

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

Dividends

GGRP.L vs. WLDS.L - Dividend Comparison

GGRP.L's dividend yield for the trailing twelve months is around 1.13%, while WLDS.L has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
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%
WLDS.L
iShares MSCI World Small Cap UCITS ETF		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 WLDS.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

WLDS.L is cheaper with a 0.35% expense ratio, compared with 0.38% for GGRP.L.

GGRP.L is categorized as Global Equities, while WLDS.L is Small Cap Blend Equities. GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth, while WLDS.L tracks MSCI World Small Cap Inde. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.38% for GGRP.L and 0.35% for WLDS.L.

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