PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
NGAS.L vs. GGRG.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NGAS.L vs. GGRG.L

Last updated Jun 4, 2026

NGAS.L (WisdomTree Natural Gas ETF) and GGRG.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) are both exchange-traded funds - NGAS.L is a Commodities fund tracking the Bloomberg Natural Gas Sub Total Return Index, while GGRG.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth. Both are passively managed. Over the past 5 years, NGAS.L returned -25.67%/yr vs 7.99%/yr for GGRG.L. At a 0.00 correlation, their price movements are largely independent. NGAS.L charges 0.49%/yr vs 0.38%/yr for GGRG.L.

Performance

NGAS.L vs. GGRG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Natural Gas ETF (NGAS.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

NGAS.L is traded in USD, while GGRG.L is traded in GBp. To make them comparable, the GGRG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NGAS.L achieves a -11.49% return, which is significantly lower than GGRG.L's 4.81% return.

NGAS.L

1D
2.07%
1M
4.84%
YTD
-11.49%
6M
-29.61%
1Y
-36.85%
3Y*
-25.66%
5Y*
-25.67%
10Y*
-23.35%

GGRG.L

1D
-0.21%
1M
3.11%
YTD
4.81%
6M
6.21%
1Y
17.20%
3Y*
13.41%
5Y*
7.99%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

NGAS.L vs. GGRG.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NGAS.L
WisdomTree Natural Gas ETF		-11.49%-24.72%-26.18%-65.28%20.27%25.42%-43.27%-40.74%2.93%-37.77%
GGRG.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc		4.81%16.53%9.25%17.43%-13.72%19.80%15.98%35.02%-10.74%28.73%

Correlation

The correlation between NGAS.L and GGRG.L is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.19

Correlation (3Y)
Calculated over the trailing 3-year period

-0.05

Correlation (5Y)
Calculated over the trailing 5-year period

0.01

Correlation (All Time)
Calculated using the full available price history since Jun 9, 2016

0.00

The correlation between NGAS.L and GGRG.L shifts across timeframes, from -0.19 (1 year) to 0.01 (5 years), reflecting how their relationship changes across market environments.

NGAS.L vs. GGRG.L - Sectors Allocation Comparison

Sectors
NGAS.L
GGRG.L

Basic Materials

100.0%
3.7%

Communication Services

-

8.6%

Consumer Cyclical

-

15.4%

Consumer Defensive

-

7.2%

Energy

-

0.0%

Financial Services

-

8.4%

Healthcare

-

15.7%

Industrials

-

18.8%

Real Estate

-

0.2%

Technology

-

21.6%

Utilities

-

0.4%

Basic Materials

NGAS.L
100.0%
GGRG.L
3.7%

Communication Services

NGAS.L

-

GGRG.L
8.6%

Consumer Cyclical

NGAS.L

-

GGRG.L
15.4%

Consumer Defensive

NGAS.L

-

GGRG.L
7.2%

Energy

NGAS.L

-

GGRG.L
0.0%

Financial Services

NGAS.L

-

GGRG.L
8.4%

Healthcare

NGAS.L

-

GGRG.L
15.7%

Industrials

NGAS.L

-

GGRG.L
18.8%

Real Estate

NGAS.L

-

GGRG.L
0.2%

Technology

NGAS.L

-

GGRG.L
21.6%

Utilities

NGAS.L

-

GGRG.L
0.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree Natural Gas ETF

WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc

Often compared with NGAS.L:
NGAS.L vs. WEAT.LNGAS.L vs. UNGNGAS.L vs. AESINGAS.L vs. BOILNGAS.L vs. KOLDNGAS.L vs. DTLA.LNGAS.L vs. CL=F
Often compared with GGRG.L:
GGRG.L vs. GGRP.LGGRG.L vs. VWRL.ASGGRG.L vs. XDEQ.LGGRG.L vs. FGQD.LGGRG.L vs. DGRG.LGGRG.L vs. JREG.LGGRG.L vs. ESGG

Return for Risk

NGAS.L vs. GGRG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NGAS.L
NGAS.L Risk / Return Rank: 33
Overall Rank
NGAS.L Sharpe Ratio Rank: 33
Sharpe Ratio Rank
NGAS.L Sortino Ratio Rank: 44
Sortino Ratio Rank
NGAS.L Omega Ratio Rank: 44
Omega Ratio Rank
NGAS.L Calmar Ratio Rank: 22
Calmar Ratio Rank
NGAS.L Martin Ratio Rank: 44
Martin Ratio Rank
GGRG.L
GGRG.L Risk / Return Rank: 4646
Overall Rank
GGRG.L Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
GGRG.L Sortino Ratio Rank: 4848
Sortino Ratio Rank
GGRG.L Omega Ratio Rank: 4848
Omega Ratio Rank
GGRG.L Calmar Ratio Rank: 4141
Calmar Ratio Rank
GGRG.L Martin Ratio Rank: 4848
Martin Ratio Rank
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.

NGAS.L vs. GGRG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Natural Gas ETF (NGAS.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.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.

NGAS.LGGRG.LDifference
Sharpe ratioReturn per unit of total volatility
-0.66
1.42

-2.08

Sortino ratioReturn per unit of downside risk
-0.75
2.18

-2.93

Omega ratioGain probability vs. loss probability

0.91

1.26

-0.35

Calmar ratioReturn relative to maximum drawdown

-0.77

1.65

-2.42

Martin ratioReturn relative to average drawdown

-1.11

6.58

-7.69

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NGAS.L vs. GGRG.L - Sharpe Ratio Comparison

The current NGAS.L Sharpe Ratio is -0.66, which is lower than the GGRG.L Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of NGAS.L and GGRG.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.

Loading charts...

Sharpe Ratios by Period

NGAS.LGGRG.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.66

1.42

-2.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.44

0.56

-0.99

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.46

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.59

0.79

-1.38

Drawdowns

NGAS.L vs. GGRG.L - Drawdown Comparison

The maximum NGAS.L drawdown since its inception was -99.91%, which is greater than GGRG.L's maximum drawdown of -30.46%. Use the drawdown chart below to compare losses from any high point for NGAS.L and GGRG.L.

Loading charts...

Drawdown Indicators

NGAS.LGGRG.LDifference

Max Drawdown

Largest peak-to-trough decline

-99.91%

-30.46%

-69.45%

Max Drawdown (1Y)

Largest decline over 1 year

-47.73%

-10.40%

-37.33%

Max Drawdown (3Y)

Largest decline over 3 years

-70.31%

-15.21%

-55.10%

Max Drawdown (5Y)

Largest decline over 5 years

-93.13%

-25.27%

-67.86%

Max Drawdown (10Y)

Largest decline over 10 years

-94.91%

—

—

Current Drawdown

Current decline from peak

-99.91%

-0.21%

-99.70%

Average Drawdown

Average peak-to-trough decline

-89.09%

-4.29%

-84.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

33.25%

2.61%

+30.64%

Volatility

NGAS.L vs. GGRG.L - Volatility Comparison

WisdomTree Natural Gas ETF (NGAS.L) has a higher volatility of 11.19% compared to WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) at 2.72%. This indicates that NGAS.L's price experiences larger fluctuations and is considered to be riskier than GGRG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

NGAS.LGGRG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.19%

2.72%

+8.47%

Volatility (6M)

Calculated over the trailing 6-month period

47.23%

9.11%

+38.12%

Volatility (1Y)

Calculated over the trailing 1-year period

55.38%

12.06%

+43.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

59.00%

14.33%

+44.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

50.65%

14.76%

+35.89%

NGAS.L vs. GGRG.L - Expense Ratio Comparison

NGAS.L has a 0.49% expense ratio, which is higher than GGRG.L's 0.38% expense ratio.

Dividends

NGAS.L vs. GGRG.L - Dividend Comparison

Neither NGAS.L nor GGRG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

NGAS.L and GGRG.L have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, GGRG.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

GGRG.L is cheaper with a 0.38% expense ratio, compared with 0.49% for NGAS.L.

NGAS.L is categorized as Commodities, while GGRG.L is Global Equities. NGAS.L tracks Bloomberg Natural Gas Sub Total Return Index, while GGRG.L tracks WisdomTree Global Developed Quality Dividend Growth. Their fees differ too: 0.49% for NGAS.L and 0.38% for GGRG.L.

Portfolio Optimizer

Find the right allocation for NGAS.L and GGRG.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer