GLDW.L vs. DGRP.L
GLDW.L (WisdomTree Core Physical Gold) and DGRP.L (WisdomTree US Quality Dividend Growth UCITS ETF - USD) are both exchange-traded funds - GLDW.L is a Gold fund tracking the Gold, while DGRP.L is a Large Cap Blend Equities fund tracking the WisdomTree U.S. Quality Dividend Growth UCITS Index. Both are passively managed. Over the past 5 years, GLDW.L returned 18.76%/yr vs 12.52%/yr for DGRP.L. At a 0.02 correlation, their price movements are largely independent. GLDW.L charges 0.12%/yr vs 0.33%/yr for DGRP.L.
Performance
GLDW.L vs. DGRP.L - Performance Comparison
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Returns By Period
In the year-to-date period, GLDW.L achieves a -4.94% return, which is significantly lower than DGRP.L's 6.66% return.
GLDW.L
- 1D
- 0.01%
- 1M
- -9.18%
- YTD
- -4.94%
- 6M
- -8.54%
- 1Y
- 24.63%
- 3Y*
- 26.04%
- 5Y*
- 18.76%
- 10Y*
- —
DGRP.L
- 1D
- -0.66%
- 1M
- 1.18%
- YTD
- 6.66%
- 6M
- 6.99%
- 1Y
- 20.05%
- 3Y*
- 13.82%
- 5Y*
- 12.52%
- 10Y*
- —
GLDW.L vs. DGRP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GLDW.L WisdomTree Core Physical Gold | -4.94% | 53.57% | 28.18% | 7.26% | 11.82% | 7,024.45% | 7.28% |
DGRP.L WisdomTree US Quality Dividend Growth UCITS ETF - USD | 6.66% | 5.45% | 20.20% | 12.25% | 2.72% | 26.66% | -0.52% |
Correlation
The correlation between GLDW.L and DGRP.L is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2020 | 0.02 |
The correlation between GLDW.L and DGRP.L shifts across timeframes, from 0.02 (all time) to 0.14 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GLDW.L vs. DGRP.L — Risk / Return Rank
GLDW.L
DGRP.L
GLDW.L vs. DGRP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Physical Gold (GLDW.L) and WisdomTree US Quality Dividend Growth UCITS ETF - USD (DGRP.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.
| GLDW.L | DGRP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.41 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 3.29 | -2.23 |
| Martin ratioReturn relative to average drawdown | 2.98 | 12.26 | -9.28 |
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Drawdowns
GLDW.L vs. DGRP.L - Drawdown Comparison
The maximum GLDW.L drawdown since its inception was -23.14%, roughly equal to the maximum DGRP.L drawdown of -22.56%. Use the drawdown chart below to compare losses from any high point for GLDW.L and DGRP.L.
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Drawdown Indicators
| GLDW.L | DGRP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.14% | -22.56% | -0.58% |
Max Drawdown (1Y)Largest decline over 1 year | -23.14% | -6.06% | -17.08% |
Max Drawdown (3Y)Largest decline over 3 years | -23.14% | -17.75% | -5.39% |
Max Drawdown (5Y)Largest decline over 5 years | -23.14% | -17.75% | -5.39% |
Current DrawdownCurrent decline from peak | -23.13% | -0.66% | -22.47% |
Average DrawdownAverage peak-to-trough decline | -5.12% | -3.90% | -1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.24% | 1.63% | +6.61% |
Volatility
GLDW.L vs. DGRP.L - Volatility Comparison
WisdomTree Core Physical Gold (GLDW.L) has a higher volatility of 8.05% compared to WisdomTree US Quality Dividend Growth UCITS ETF - USD (DGRP.L) at 2.38%. This indicates that GLDW.L's price experiences larger fluctuations and is considered to be riskier than DGRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLDW.L | DGRP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.05% | 2.38% | +5.67% |
Volatility (6M)Calculated over the trailing 6-month period | 20.97% | 6.36% | +14.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.85% | 8.96% | +14.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.75% | 12.58% | +9.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3,005.26% | 15.55% | +2,989.71% |
GLDW.L vs. DGRP.L - Expense Ratio Comparison
GLDW.L has a 0.12% expense ratio, which is lower than DGRP.L's 0.33% expense ratio.
Dividends
GLDW.L vs. DGRP.L - Dividend Comparison
GLDW.L has not paid dividends to shareholders, while DGRP.L's dividend yield for the trailing twelve months is around 1.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DGRP.L WisdomTree US Quality Dividend Growth UCITS ETF - USD | 1.01% | 1.11% | 1.16% | 1.33% | 1.47% | 1.34% | 1.68% | 1.80% | 1.90% | 1.36% |
GLDW.L WisdomTree Core Physical Gold | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GLDW.L and DGRP.L have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLDW.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLDW.L is cheaper with a 0.12% expense ratio, compared with 0.33% for DGRP.L.
GLDW.L is categorized as Gold, while DGRP.L is Large Cap Blend Equities. GLDW.L tracks Gold, while DGRP.L tracks WisdomTree U.S. Quality Dividend Growth UCITS Index. Their fees differ too: 0.12% for GLDW.L and 0.33% for DGRP.L.
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