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

HOGS.L vs. GGRP.L

Last updated Jun 5, 2026

HOGS.L (WisdomTree Lean Hogs) and GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) are both exchange-traded funds - HOGS.L is a Agricultural Commodities fund tracking the Bloomberg Lean Hogs, while GGRP.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth. Both are passively managed. Over the past 5 years, HOGS.L returned -2.16%/yr vs 7.46%/yr for GGRP.L. At a 0.04 correlation, their price movements are largely independent. HOGS.L charges 0.49%/yr vs 0.38%/yr for GGRP.L.

Performance

HOGS.L vs. GGRP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Lean Hogs (HOGS.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

HOGS.L is traded in USD, while GGRP.L is traded in GBp. To make them comparable, the GGRP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HOGS.L achieves a -7.82% return, which is significantly lower than GGRP.L's 4.55% return.

HOGS.L

1D
-1.08%
1M
-3.55%
YTD
-7.82%
6M
-3.60%
1Y
-6.57%
3Y*
9.10%
5Y*
-2.16%
10Y*
-6.22%

GGRP.L

1D
0.44%
1M
3.87%
YTD
4.55%
6M
6.12%
1Y
15.21%
3Y*
12.32%
5Y*
7.46%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
HOGS.L
WisdomTree Lean Hogs		-7.82%6.22%22.20%-22.50%9.28%31.95%-34.91%-21.42%-9.85%0.92%
GGRP.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD		4.55%15.14%8.02%17.51%-13.56%19.26%16.37%35.48%-10.63%22.20%

Correlation

The correlation between HOGS.L and GGRP.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.16

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

0.07

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

0.07

Correlation (All Time)
Calculated using the full available price history since Feb 21, 2017

0.04

The correlation between HOGS.L and GGRP.L shifts across timeframes, from 0.04 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.

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

Sectors
HOGS.L
GGRP.L

Real Estate

100.0%
0.2%

Basic Materials

-

3.7%

Communication Services

-

8.6%

Consumer Cyclical

-

15.4%

Consumer Defensive

-

7.2%

Energy

-

0.0%

Financial Services

-

8.4%

Healthcare

-

15.7%

Industrials

-

18.8%

Technology

-

21.6%

Utilities

-

0.4%

Real Estate

HOGS.L
100.0%
GGRP.L
0.2%

Basic Materials

HOGS.L

-

GGRP.L
3.7%

Communication Services

HOGS.L

-

GGRP.L
8.6%

Consumer Cyclical

HOGS.L

-

GGRP.L
15.4%

Consumer Defensive

HOGS.L

-

GGRP.L
7.2%

Energy

HOGS.L

-

GGRP.L
0.0%

Financial Services

HOGS.L

-

GGRP.L
8.4%

Healthcare

HOGS.L

-

GGRP.L
15.7%

Industrials

HOGS.L

-

GGRP.L
18.8%

Technology

HOGS.L

-

GGRP.L
21.6%

Utilities

HOGS.L

-

GGRP.L
0.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree Lean Hogs

WisdomTree Global Quality Dividend Growth UCITS ETF - USD

Often compared with HOGS.L:
HOGS.L vs. WEAT.LHOGS.L vs. FAGR.LHOGS.L vs. AIGG.LHOGS.L vs. SOYO.LHOGS.L vs. CORN.LHOGS.L vs. COTN.LHOGS.L vs. COFF.L
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

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HOGS.L
HOGS.L Risk / Return Rank: 66
Overall Rank
HOGS.L Sharpe Ratio Rank: 66
Sharpe Ratio Rank
HOGS.L Sortino Ratio Rank: 66
Sortino Ratio Rank
HOGS.L Omega Ratio Rank: 66
Omega Ratio Rank
HOGS.L Calmar Ratio Rank: 66
Calmar Ratio Rank
HOGS.L Martin Ratio Rank: 55
Martin Ratio Rank
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
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.

HOGS.L vs. GGRP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Lean Hogs (HOGS.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.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.

HOGS.LGGRP.LDifference
Sharpe ratioReturn per unit of total volatility
-0.35
1.32

-1.67

Sortino ratioReturn per unit of downside risk
-0.38
2.07

-2.44

Omega ratioGain probability vs. loss probability

0.96

1.24

-0.28

Calmar ratioReturn relative to maximum drawdown

-0.40

1.48

-1.89

Martin ratioReturn relative to average drawdown

-0.82

5.90

-6.72

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

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

The current HOGS.L Sharpe Ratio is -0.35, which is lower than the GGRP.L Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of HOGS.L and GGRP.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

HOGS.LGGRP.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.35

1.32

-1.67

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.10

0.53

-0.63

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.23

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.32

0.86

-1.18

Drawdowns

HOGS.L vs. GGRP.L - Drawdown Comparison

The maximum HOGS.L drawdown since its inception was -93.79%, which is greater than GGRP.L's maximum drawdown of -30.97%. Use the drawdown chart below to compare losses from any high point for HOGS.L and GGRP.L.

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Drawdown Indicators

HOGS.LGGRP.LDifference

Max Drawdown

Largest peak-to-trough decline

-93.79%

-30.97%

-62.82%

Max Drawdown (1Y)

Largest decline over 1 year

-16.24%

-10.21%

-6.03%

Max Drawdown (3Y)

Largest decline over 3 years

-19.71%

-15.31%

-4.40%

Max Drawdown (5Y)

Largest decline over 5 years

-43.15%

-25.16%

-17.99%

Max Drawdown (10Y)

Largest decline over 10 years

-73.76%

—

—

Current Drawdown

Current decline from peak

-87.83%

0.00%

-87.83%

Average Drawdown

Average peak-to-trough decline

-74.70%

-4.79%

-69.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.02%

2.57%

+5.45%

Volatility

HOGS.L vs. GGRP.L - Volatility Comparison

WisdomTree Lean Hogs (HOGS.L) has a higher volatility of 5.17% compared to WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) at 3.01%. This indicates that HOGS.L's price experiences larger fluctuations and is considered to be riskier than GGRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HOGS.LGGRP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.17%

3.01%

+2.16%

Volatility (6M)

Calculated over the trailing 6-month period

12.71%

9.09%

+3.62%

Volatility (1Y)

Calculated over the trailing 1-year period

18.58%

11.47%

+7.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.97%

14.31%

+17.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

38.40%

17.44%

+20.96%

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

HOGS.L has a 0.49% expense ratio, which is higher than GGRP.L's 0.38% expense ratio.

Dividends

HOGS.L vs. GGRP.L - Dividend Comparison

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

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%
HOGS.L
WisdomTree Lean Hogs		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

HOGS.L and GGRP.L have a correlation of 0.16, 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 HOGS.L.

HOGS.L is categorized as Agricultural Commodities, while GGRP.L is Global Equities. HOGS.L tracks Bloomberg Lean Hogs, while GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth. Their fees differ too: 0.49% for HOGS.L and 0.38% for GGRP.L.

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