INTL.L vs. WCOM.L

Last updated Jun 25, 2026

INTL.L (WisdomTree Artificial Intelligence UCITS ETF - USD Acc) and WCOM.L (WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc) are both exchange-traded funds - INTL.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while WCOM.L is a Commodities fund tracking the Optimized Roll Commodity (GBP Hedged). Both are passively managed. Over the past 5 years, INTL.L returned 15.49%/yr vs 9.10%/yr for WCOM.L. At a 0.17 correlation, their price movements are largely independent. INTL.L charges 0.40%/yr vs 0.35%/yr for WCOM.L.

Performance

INTL.L vs. WCOM.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.L) and WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INTL.L achieves a 44.04% return, which is significantly higher than WCOM.L's 17.94% return.

INTL.L

• 1D: -0.27%
• 1M: 5.91%
• YTD: 44.04%
• 6M: 44.11%
• 1Y: 75.51%
• 3Y*: 30.37%
• 5Y*: 15.49%
• 10Y*: —

WCOM.L

• 1D: -1.79%
• 1M: -11.60%
• YTD: 17.94%
• 6M: 16.60%
• 1Y: 28.19%
• 3Y*: 11.40%
• 5Y*: 9.10%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

INTL.L vs. WCOM.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
INTL.L WisdomTree Artificial Intelligence UCITS ETF - USD Acc	44.04%	14.50%	13.58%	48.71%	-35.12%	17.36%	68.98%	40.59%	-27.33%
WCOM.L WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc	17.94%	15.31%	2.49%	-7.76%	11.71%	25.55%	-0.57%	4.18%	-2.71%

Correlation

The correlation between INTL.L and WCOM.L is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Nov 30, 2018	0.17

The correlation between INTL.L and WCOM.L shifts across timeframes, from -0.02 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Return for Risk

INTL.L vs. WCOM.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INTL.L

INTL.L Risk / Return Rank: 87
INTL.L Sharpe Ratio Rank: 92
INTL.L Sortino Ratio Rank: 85
INTL.L Omega Ratio Rank: 83
INTL.L Calmar Ratio Rank: 90
INTL.L Martin Ratio Rank: 83

WCOM.L

WCOM.L Risk / Return Rank: 55
WCOM.L Sharpe Ratio Rank: 58
WCOM.L Sortino Ratio Rank: 54
WCOM.L Omega Ratio Rank: 56
WCOM.L Calmar Ratio Rank: 45
WCOM.L Martin Ratio Rank: 63

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.

INTL.L vs. WCOM.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.L) and WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM.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.

	INTL.L	WCOM.L	Difference
Sharpe ratio: Return per unit of total volatility	2.82	1.71	+1.11
Sortino ratio: Return per unit of downside risk	3.40	2.33	+1.07
Omega ratio: Gain probability vs. loss probability	1.44	1.31	+0.14
Calmar ratio: Return relative to maximum drawdown	4.97	2.00	+2.97
Martin ratio: Return relative to average drawdown	14.92	9.99	+4.93

INTL.L vs. WCOM.L - Sharpe Ratio Comparison

The current INTL.L Sharpe Ratio is 2.82, which is higher than the WCOM.L Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of INTL.L and WCOM.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.

Drawdowns

INTL.L vs. WCOM.L - Drawdown Comparison

The maximum INTL.L drawdown since its inception was -37.71%, which is greater than WCOM.L's maximum drawdown of -27.58%. Use the drawdown chart below to compare losses from any high point for INTL.L and WCOM.L.

Drawdown Indicators

	INTL.L	WCOM.L	Difference
Max Drawdown Largest peak-to-trough decline	-37.71%	-27.58%	-10.13%
Max Drawdown (1Y) Largest decline over 1 year	-15.10%	-14.03%	-1.07%
Max Drawdown (3Y) Largest decline over 3 years	-33.54%	-14.03%	-19.51%
Max Drawdown (5Y) Largest decline over 5 years	-36.92%	-26.41%	-10.51%
Current Drawdown Current decline from peak	-4.20%	-14.03%	+9.83%
Average Drawdown Average peak-to-trough decline	-12.31%	-12.30%	-0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.05%	2.81%	+2.24%

Volatility

INTL.L vs. WCOM.L - Volatility Comparison

WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.L) has a higher volatility of 11.43% compared to WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM.L) at 4.45%. This indicates that INTL.L's price experiences larger fluctuations and is considered to be riskier than WCOM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INTL.L	WCOM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.43%	4.45%	+6.98%
Volatility (6M) Calculated over the trailing 6-month period	20.54%	15.02%	+5.52%
Volatility (1Y) Calculated over the trailing 1-year period	26.67%	16.78%	+9.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.08%	15.27%	+13.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.27%	13.96%	+15.31%

INTL.L vs. WCOM.L - Expense Ratio Comparison

INTL.L has a 0.40% expense ratio, which is higher than WCOM.L's 0.35% expense ratio.

Dividends

INTL.L vs. WCOM.L - Dividend Comparison

Neither INTL.L nor WCOM.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both INTL.L and WCOM.L in my portfolio?

INTL.L and WCOM.L have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, INTL.L or WCOM.L?

On fees, WCOM.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, INTL.L or WCOM.L?

WCOM.L is cheaper with a 0.35% expense ratio, compared with 0.40% for INTL.L.

What is the main difference between INTL.L and WCOM.L?

INTL.L is categorized as Technology Equities, while WCOM.L is Commodities. INTL.L tracks MSCI World/Information Tech NR USD, while WCOM.L tracks Optimized Roll Commodity (GBP Hedged). Their fees differ too: 0.40% for INTL.L and 0.35% for WCOM.L.