META.L vs. NICK.L
Compare and contrast key facts about WisdomTree Industrial Metals Enhanced (META.L) and WisdomTree Nickel (NICK.L).
META.L and NICK.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. NICK.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Nickel. It was launched on Sep 22, 2006. Both META.L and NICK.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.
Performance
META.L vs. NICK.L - Performance Comparison
Loading graphics...
META.L vs. NICK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
META.L WisdomTree Industrial Metals Enhanced | 1.36% | 16.98% | 3.79% | -8.15% | 16.29% |
NICK.L WisdomTree Nickel | 2.48% | 6.27% | -8.39% | -46.66% | 43.31% |
Returns By Period
In the year-to-date period, META.L achieves a 1.36% return, which is significantly lower than NICK.L's 2.48% return.
META.L
- 1D
- 0.21%
- 1M
- -3.49%
- YTD
- 1.36%
- 6M
- 13.24%
- 1Y
- 16.80%
- 3Y*
- 4.74%
- 5Y*
- —
- 10Y*
- —
NICK.L
- 1D
- 0.70%
- 1M
- 0.17%
- YTD
- 2.48%
- 6M
- 12.25%
- 1Y
- 4.35%
- 3Y*
- -11.47%
- 5Y*
- -0.02%
- 10Y*
- 5.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
META.L vs. NICK.L - Expense Ratio Comparison
META.L has a 0.40% expense ratio, which is lower than NICK.L's 0.49% expense ratio.
Return for Risk
META.L vs. NICK.L — Risk / Return Rank
META.L
NICK.L
META.L vs. NICK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Industrial Metals Enhanced (META.L) and WisdomTree Nickel (NICK.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.
| META.L | NICK.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 0.17 | +0.86 |
Sortino ratioReturn per unit of downside risk | 1.48 | 0.45 | +1.03 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.06 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.91 | 0.47 | +1.44 |
Martin ratioReturn relative to average drawdown | 6.72 | 0.93 | +5.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| META.L | NICK.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.17 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.00 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | -0.10 | +0.53 |
Correlation
The correlation between META.L and NICK.L is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
META.L vs. NICK.L - Dividend Comparison
Neither META.L nor NICK.L has paid dividends to shareholders.
Drawdowns
META.L vs. NICK.L - Drawdown Comparison
The maximum META.L drawdown since its inception was -20.21%, smaller than the maximum NICK.L drawdown of -87.80%. Use the drawdown chart below to compare losses from any high point for META.L and NICK.L.
Loading graphics...
Drawdown Indicators
| META.L | NICK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.21% | -87.80% | +67.59% |
Max Drawdown (1Y)Largest decline over 1 year | -9.25% | -12.17% | +2.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -71.83% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -71.83% | — |
Current DrawdownCurrent decline from peak | -5.74% | -76.47% | +70.73% |
Average DrawdownAverage peak-to-trough decline | -10.31% | -70.06% | +59.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 5.74% | -3.18% |
Volatility
META.L vs. NICK.L - Volatility Comparison
The current volatility for WisdomTree Industrial Metals Enhanced (META.L) is 5.41%, while WisdomTree Nickel (NICK.L) has a volatility of 5.94%. This indicates that META.L experiences smaller price fluctuations and is considered to be less risky than NICK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| META.L | NICK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 5.94% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 12.98% | 21.80% | -8.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.19% | 25.66% | -9.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.70% | 44.20% | -26.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.70% | 36.48% | -18.78% |