HOGS.L vs. WEAT.L
Compare and contrast key facts about WisdomTree Lean Hogs (HOGS.L) and WisdomTree Wheat (WEAT.L).
HOGS.L and WEAT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOGS.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Lean Hogs. It was launched on Sep 22, 2006. WEAT.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Wheat. It was launched on Sep 22, 2006. Both HOGS.L and WEAT.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HOGS.L or WEAT.L.
Key characteristics
| HOGS.L | WEAT.L | |
|---|---|---|
| YTD Return | 28.94% | -21.04% |
| 1Y Return | 17.31% | -15.05% |
| 3Y Return (Ann) | 3.66% | -20.14% |
| 5Y Return (Ann) | -1.47% | -5.69% |
| 10Y Return (Ann) | -8.48% | -8.75% |
| Sharpe Ratio | 0.74 | -0.50 |
| Sortino Ratio | 1.19 | -0.56 |
| Omega Ratio | 1.14 | 0.94 |
| Calmar Ratio | 0.20 | -0.15 |
| Martin Ratio | 2.13 | -0.84 |
| Ulcer Index | 8.50% | 16.48% |
| Daily Std Dev | 24.45% | 28.03% |
| Max Drawdown | -93.96% | -93.61% |
| Current Drawdown | -87.39% | -93.56% |
Correlation
The correlation between HOGS.L and WEAT.L is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HOGS.L vs. WEAT.L - Performance Comparison
In the year-to-date period, HOGS.L achieves a 28.94% return, which is significantly higher than WEAT.L's -21.04% return. Both investments have delivered pretty close results over the past 10 years, with HOGS.L having a -8.48% annualized return and WEAT.L not far behind at -8.75%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HOGS.L vs. WEAT.L - Expense Ratio Comparison
Both HOGS.L and WEAT.L have an expense ratio of 0.49%.
Risk-Adjusted Performance
HOGS.L vs. WEAT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Lean Hogs (HOGS.L) and WisdomTree Wheat (WEAT.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.
Dividends
HOGS.L vs. WEAT.L - Dividend Comparison
Neither HOGS.L nor WEAT.L has paid dividends to shareholders.
Drawdowns
HOGS.L vs. WEAT.L - Drawdown Comparison
The maximum HOGS.L drawdown since its inception was -93.96%, roughly equal to the maximum WEAT.L drawdown of -93.61%. Use the drawdown chart below to compare losses from any high point for HOGS.L and WEAT.L. For additional features, visit the drawdowns tool.
Volatility
HOGS.L vs. WEAT.L - Volatility Comparison
WisdomTree Lean Hogs (HOGS.L) has a higher volatility of 6.90% compared to WisdomTree Wheat (WEAT.L) at 5.77%. This indicates that HOGS.L's price experiences larger fluctuations and is considered to be riskier than WEAT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.