META.L vs. MSFT
Compare and contrast key facts about WisdomTree Industrial Metals Enhanced (META.L) and Microsoft Corporation (MSFT).
META.L is a passively managed fund by WisdomTree that tracks the performance of the Optimised Roll Industrial Metals. It was launched on Feb 27, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: META.L or MSFT.
Key characteristics
| META.L | MSFT | |
|---|---|---|
| YTD Return | 3.72% | 9.48% |
| 1Y Return | 4.02% | 25.51% |
| Sharpe Ratio | 0.25 | 1.30 |
| Daily Std Dev | 15.83% | 19.97% |
| Max Drawdown | -20.18% | -69.41% |
| Current Drawdown | -13.13% | -12.27% |
Correlation
The correlation between META.L and MSFT is 0.13, 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
META.L vs. MSFT - Performance Comparison
In the year-to-date period, META.L achieves a 3.72% return, which is significantly lower than MSFT's 9.48% return. 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.
Risk-Adjusted Performance
META.L vs. MSFT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Industrial Metals Enhanced (META.L) and Microsoft Corporation (MSFT). 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
META.L vs. MSFT - Dividend Comparison
META.L has not paid dividends to shareholders, while MSFT's dividend yield for the trailing twelve months is around 0.73%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
META.L WisdomTree Industrial Metals Enhanced | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
Drawdowns
META.L vs. MSFT - Drawdown Comparison
The maximum META.L drawdown since its inception was -20.18%, smaller than the maximum MSFT drawdown of -69.41%. Use the drawdown chart below to compare losses from any high point for META.L and MSFT. For additional features, visit the drawdowns tool.
Volatility
META.L vs. MSFT - Volatility Comparison
WisdomTree Industrial Metals Enhanced (META.L) and Microsoft Corporation (MSFT) have volatilities of 4.46% and 4.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.