HGGG.TO vs. WGLD.DE
HGGG.TO (Harvest Global Gold Giants Index ETF) and WGLD.DE (WisdomTree Core Physical Gold) are both Gold funds - HGGG.TO tracks the Solactive Global Gold Giants Index TR while WGLD.DE tracks the Gold. Both are passively managed. Over the past 5 years, HGGG.TO returned 24.99%/yr vs 21.91%/yr for WGLD.DE. At a 0.42 correlation, their price movements are largely independent. HGGG.TO charges 0.40%/yr vs 0.12%/yr for WGLD.DE.
Performance
HGGG.TO vs. WGLD.DE - Performance Comparison
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Different Trading Currencies
HGGG.TO is traded in CAD, while WGLD.DE is traded in EUR. To make them comparable, the WGLD.DE values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HGGG.TO achieves a -7.80% return, which is significantly lower than WGLD.DE's 3.08% return.
HGGG.TO
- 1D
- -3.72%
- 1M
- -4.70%
- YTD
- -7.80%
- 6M
- -11.38%
- 1Y
- 62.40%
- 3Y*
- 48.40%
- 5Y*
- 24.99%
- 10Y*
- —
WGLD.DE
- 1D
- 1.05%
- 1M
- -0.34%
- YTD
- 3.08%
- 6M
- 1.00%
- 1Y
- 32.87%
- 3Y*
- 33.02%
- 5Y*
- 21.91%
- 10Y*
- —
HGGG.TO vs. WGLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HGGG.TO Harvest Global Gold Giants Index ETF | -7.80% | 170.60% | 26.04% | 4.17% | -4.68% | 1.06% |
WGLD.DE WisdomTree Core Physical Gold | 3.08% | 59.93% | 37.72% | 10.17% | 7.26% | 6.69% |
Correlation
The correlation between HGGG.TO and WGLD.DE is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2021 | 0.42 |
The correlation between HGGG.TO and WGLD.DE shifts across timeframes, from 0.42 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HGGG.TO vs. WGLD.DE — Risk / Return Rank
HGGG.TO
WGLD.DE
HGGG.TO vs. WGLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Global Gold Giants Index ETF (HGGG.TO) and WisdomTree Core Physical Gold (WGLD.DE). 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.
| HGGG.TO | WGLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.26 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 2.01 | -0.28 |
| Martin ratioReturn relative to average drawdown | 4.52 | 5.24 | -0.72 |
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Drawdowns
HGGG.TO vs. WGLD.DE - Drawdown Comparison
The maximum HGGG.TO drawdown since its inception was -52.29%, which is greater than WGLD.DE's maximum drawdown of -17.11%. Use the drawdown chart below to compare losses from any high point for HGGG.TO and WGLD.DE.
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Drawdown Indicators
| HGGG.TO | WGLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.29% | -17.11% | -35.18% |
Max Drawdown (1Y)Largest decline over 1 year | -36.32% | -16.89% | -19.43% |
Max Drawdown (3Y)Largest decline over 3 years | -36.32% | -16.89% | -19.43% |
Max Drawdown (5Y)Largest decline over 5 years | -39.14% | -17.11% | -22.03% |
Current DrawdownCurrent decline from peak | -30.86% | -14.18% | -16.68% |
Average DrawdownAverage peak-to-trough decline | -20.53% | -4.58% | -15.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.85% | 6.49% | +7.36% |
Volatility
HGGG.TO vs. WGLD.DE - Volatility Comparison
Harvest Global Gold Giants Index ETF (HGGG.TO) has a higher volatility of 16.65% compared to WisdomTree Core Physical Gold (WGLD.DE) at 5.74%. This indicates that HGGG.TO's price experiences larger fluctuations and is considered to be riskier than WGLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HGGG.TO | WGLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.65% | 5.74% | +10.91% |
Volatility (6M)Calculated over the trailing 6-month period | 37.56% | 21.00% | +16.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.86% | 24.32% | +21.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.45% | 18.16% | +15.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.23% | 18.03% | +15.20% |
HGGG.TO vs. WGLD.DE - Expense Ratio Comparison
HGGG.TO has a 0.40% expense ratio, which is higher than WGLD.DE's 0.12% expense ratio.
Dividends
HGGG.TO vs. WGLD.DE - Dividend Comparison
Neither HGGG.TO nor WGLD.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
HGGG.TO Harvest Global Gold Giants Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.65% | 0.54% |
WGLD.DE WisdomTree Core Physical Gold | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HGGG.TO and WGLD.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WGLD.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WGLD.DE is cheaper with a 0.12% expense ratio, compared with 0.40% for HGGG.TO.
HGGG.TO tracks Solactive Global Gold Giants Index TR, while WGLD.DE tracks Gold. They also come from different issuers: Harvest and WisdomTree. Their fees differ too: 0.40% for HGGG.TO and 0.12% for WGLD.DE.
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