NATO vs. AIGA.L
NATO (Themes Transatlantic Defense ETF) and AIGA.L (WisdomTree Agriculture) are both exchange-traded funds - NATO is a Aerospace & Defense fund tracking the Solactive Transatlantic Aerospace and Defense Index, while AIGA.L is a Agricultural Commodities fund tracking the Bloomberg Agriculture. Both are passively managed. Over the past year, NATO returned 19.28% vs -1.48% for AIGA.L. At a correlation of -0.01, they often move in opposite directions. NATO charges 0.35%/yr vs 0.49%/yr for AIGA.L.
Performance
NATO vs. AIGA.L - Performance Comparison
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Returns By Period
In the year-to-date period, NATO achieves a 5.66% return, which is significantly higher than AIGA.L's 2.04% return.
NATO
- 1D
- 1.51%
- 1M
- 7.55%
- YTD
- 5.66%
- 6M
- 8.79%
- 1Y
- 19.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIGA.L
- 1D
- -0.17%
- 1M
- -5.95%
- YTD
- 2.04%
- 6M
- 1.01%
- 1Y
- -1.48%
- 3Y*
- -5.18%
- 5Y*
- 1.57%
- 10Y*
- 0.02%
NATO vs. AIGA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NATO Themes Transatlantic Defense ETF | 5.66% | 50.95% | 0.51% |
AIGA.L WisdomTree Agriculture | 2.04% | -2.00% | -0.00% |
Correlation
The correlation between NATO and AIGA.L is 0.00, 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 | 0.00 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2024 | -0.01 |
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Return for Risk
NATO vs. AIGA.L — Risk / Return Rank
NATO
AIGA.L
NATO vs. AIGA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Transatlantic Defense ETF (NATO) and WisdomTree Agriculture (AIGA.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.
| NATO | AIGA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.99 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | -0.14 | +1.35 |
| Martin ratioReturn relative to average drawdown | 2.99 | -0.32 | +3.31 |
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Drawdowns
NATO vs. AIGA.L - Drawdown Comparison
The maximum NATO drawdown since its inception was -15.99%, smaller than the maximum AIGA.L drawdown of -67.98%. Use the drawdown chart below to compare losses from any high point for NATO and AIGA.L.
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Drawdown Indicators
| NATO | AIGA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.99% | -67.98% | +51.99% |
Max Drawdown (1Y)Largest decline over 1 year | -15.99% | -10.57% | -5.42% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.38% | — |
Current DrawdownCurrent decline from peak | -8.61% | -43.36% | +34.75% |
Average DrawdownAverage peak-to-trough decline | -3.84% | -41.31% | +37.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.46% | 4.57% | +1.89% |
Volatility
NATO vs. AIGA.L - Volatility Comparison
Themes Transatlantic Defense ETF (NATO) has a higher volatility of 8.59% compared to WisdomTree Agriculture (AIGA.L) at 4.48%. This indicates that NATO's price experiences larger fluctuations and is considered to be riskier than AIGA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NATO | AIGA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.59% | 4.48% | +4.11% |
Volatility (6M)Calculated over the trailing 6-month period | 18.36% | 10.23% | +8.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.45% | 13.47% | +7.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 16.68% | +6.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.80% | 28.30% | -5.50% |
NATO vs. AIGA.L - Expense Ratio Comparison
NATO has a 0.35% expense ratio, which is lower than AIGA.L's 0.49% expense ratio.
Dividends
NATO vs. AIGA.L - Dividend Comparison
NATO's dividend yield for the trailing twelve months is around 0.43%, while AIGA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AIGA.L WisdomTree Agriculture | 0.00% | 0.00% | 0.00% |
NATO Themes Transatlantic Defense ETF | 0.43% | 0.45% | 0.08% |
Frequently Asked Questions
NATO and AIGA.L have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NATO is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NATO is cheaper with a 0.35% expense ratio, compared with 0.49% for AIGA.L.
NATO is categorized as Aerospace & Defense, while AIGA.L is Agricultural Commodities. NATO tracks Solactive Transatlantic Aerospace and Defense Index, while AIGA.L tracks Bloomberg Agriculture. They also come from different issuers: Themes and WisdomTree. Their fees differ too: 0.35% for NATO and 0.49% for AIGA.L.
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