GGRP.L vs. XFRM.L
GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) and XFRM.L (WisdomTree Broad Commodities Ex-Agriculture and Livestock) are both exchange-traded funds - GGRP.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth, while XFRM.L is a Commodities fund tracking the Bloomberg Commodity ex-Agriculture and Livestock. Both are passively managed. Over the past 5 years, GGRP.L returned 8.60%/yr vs 16.09%/yr for XFRM.L. At a 0.13 correlation, their price movements are largely independent. GGRP.L charges 0.38%/yr vs 0.49%/yr for XFRM.L.
Performance
GGRP.L vs. XFRM.L - Performance Comparison
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Different Trading Currencies
GGRP.L is traded in GBp, while XFRM.L is traded in USD. To make them comparable, the XFRM.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 XFRM.L's 37.12% 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*
- —
XFRM.L
- 1D
- -1.20%
- 1M
- -2.11%
- YTD
- 37.12%
- 6M
- 37.63%
- 1Y
- 59.42%
- 3Y*
- 19.82%
- 5Y*
- 16.09%
- 10Y*
- 9.70%
GGRP.L vs. XFRM.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 | 4.80% | 7.06% | 9.85% | 11.62% | -3.21% | 20.07% | 13.17% | 29.78% | -5.75% | 13.25% |
XFRM.L WisdomTree Broad Commodities Ex-Agriculture and Livestock | 37.08% | 14.37% | 8.56% | -13.95% | 28.86% | 28.08% | -11.79% | 5.91% | -7.24% | -1.49% |
Correlation
The correlation between GGRP.L and XFRM.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 | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2017 | 0.13 |
The correlation between GGRP.L and XFRM.L shifts across timeframes, from -0.23 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GGRP.L vs. XFRM.L — Risk / Return Rank
GGRP.L
XFRM.L
GGRP.L vs. XFRM.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 Ex-Agriculture and Livestock (XFRM.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.L | XFRM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.44 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 6.37 | -4.48 |
| Martin ratioReturn relative to average drawdown | 7.20 | 14.85 | -7.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GGRP.L | XFRM.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 2.48 | -0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.78 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.24 | +0.66 |
Drawdowns
GGRP.L vs. XFRM.L - Drawdown Comparison
The maximum GGRP.L drawdown since its inception was -22.60%, smaller than the maximum XFRM.L drawdown of -45.81%. Use the drawdown chart below to compare losses from any high point for GGRP.L and XFRM.L.
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Drawdown Indicators
| GGRP.L | XFRM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.60% | -45.81% | +23.21% |
Max Drawdown (1Y)Largest decline over 1 year | -8.59% | -9.28% | +0.69% |
Max Drawdown (3Y)Largest decline over 3 years | -16.46% | -15.22% | -1.24% |
Max Drawdown (5Y)Largest decline over 5 years | -16.46% | -33.95% | +17.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.95% | — |
Current DrawdownCurrent decline from peak | 0.00% | -4.64% | +4.64% |
Average DrawdownAverage peak-to-trough decline | -2.93% | -22.78% | +19.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 3.99% | -1.73% |
Volatility
GGRP.L vs. XFRM.L - Volatility Comparison
The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) is 3.00%, while WisdomTree Broad Commodities Ex-Agriculture and Livestock (XFRM.L) has a volatility of 7.04%. This indicates that GGRP.L experiences smaller price fluctuations and is considered to be less risky than XFRM.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 | XFRM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.00% | 7.04% | -4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 8.07% | 21.14% | -13.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.17% | 23.81% | -13.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.07% | 20.65% | -8.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.35% | 18.78% | -3.43% |
GGRP.L vs. XFRM.L - Expense Ratio Comparison
GGRP.L has a 0.38% expense ratio, which is lower than XFRM.L's 0.49% expense ratio.
Dividends
GGRP.L vs. XFRM.L - Dividend Comparison
GGRP.L's dividend yield for the trailing twelve months is around 0.01%, while XFRM.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
XFRM.L WisdomTree Broad Commodities Ex-Agriculture and Livestock | 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 XFRM.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, GGRP.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GGRP.L is cheaper with a 0.38% expense ratio, compared with 0.49% for XFRM.L.
GGRP.L is categorized as Global Equities, while XFRM.L is Commodities. GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth, while XFRM.L tracks Bloomberg Commodity ex-Agriculture and Livestock. Their fees differ too: 0.38% for GGRP.L and 0.49% for XFRM.L.
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