OGIG vs. WUGI

Last updated Jun 24, 2026

OGIG (O’Shares Global Internet Giants ETF) and WUGI (Esoterica NextG Economy ETF) are both Large Cap Growth Equities funds. OGIG is passively managed, while WUGI is actively managed. Over the past 5 years, OGIG returned -5.48%/yr vs 15.56%/yr for WUGI. Their correlation of 0.86 suggests significant overlap in exposure. OGIG charges 0.48%/yr vs 0.75%/yr for WUGI.

Performance

OGIG vs. WUGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in O’Shares Global Internet Giants ETF (OGIG) and Esoterica NextG Economy ETF (WUGI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OGIG achieves a -18.24% return, which is significantly lower than WUGI's 26.73% return.

OGIG

• 1D: -0.32%
• 1M: -5.75%
• YTD: -18.24%
• 6M: -19.41%
• 1Y: -16.68%
• 3Y*: 11.17%
• 5Y*: -5.48%
• 10Y*: —

WUGI

• 1D: -4.21%
• 1M: 8.44%
• YTD: 26.73%
• 6M: 26.00%
• 1Y: 44.78%
• 3Y*: 36.12%
• 5Y*: 15.56%
• 10Y*: —

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

OGIG vs. WUGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OGIG O’Shares Global Internet Giants ETF	-18.24%	14.39%	25.97%	50.25%	-50.64%	-9.30%	117.56%
WUGI Esoterica NextG Economy ETF	26.73%	22.66%	47.14%	61.30%	-49.55%	25.18%	97.36%

Correlation

The correlation between OGIG and WUGI is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Mar 31, 2020	0.86

Over the past year, the correlation between OGIG and WUGI has dropped to 0.64 - well below their long-term average of 0.86, suggesting their price drivers have been diverging.

OGIG vs. WUGI - Sectors Allocation Comparison

Sectors	OGIG	WUGI
Technology	55.4%	76.3%
Communication Services	26.2%	8.8%
Consumer Cyclical	15.6%	5.6%
Industrials	1.2%	7.3%
Healthcare	0.8%	0.2%
Real Estate	0.7%	0.1%
Financial Services	0.2%	2.0%
Basic Materials	-	0.0%
Consumer Defensive	-	0.1%
Energy	-	0.0%
Utilities	-	-

Return for Risk

OGIG vs. WUGI — Risk / Return Rank

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

OGIG

OGIG Risk / Return Rank: 4
OGIG Sharpe Ratio Rank: 3
OGIG Sortino Ratio Rank: 3
OGIG Omega Ratio Rank: 3
OGIG Calmar Ratio Rank: 5
OGIG Martin Ratio Rank: 4

WUGI

WUGI Risk / Return Rank: 51
WUGI Sharpe Ratio Rank: 53
WUGI Sortino Ratio Rank: 49
WUGI Omega Ratio Rank: 51
WUGI Calmar Ratio Rank: 54
WUGI Martin Ratio Rank: 50

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.

OGIG vs. WUGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for O’Shares Global Internet Giants ETF (OGIG) and Esoterica NextG Economy ETF (WUGI). 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.

	OGIG	WUGI	Difference
Sharpe ratio: Return per unit of total volatility	-0.73	1.70	-2.43
Sortino ratio: Return per unit of downside risk	-0.91	2.26	-3.16
Omega ratio: Gain probability vs. loss probability	0.89	1.30	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.50	2.50	-3.01
Martin ratio: Return relative to average drawdown	-1.00	8.09	-9.09

OGIG vs. WUGI - Sharpe Ratio Comparison

The current OGIG Sharpe Ratio is -0.73, which is lower than the WUGI Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of OGIG and WUGI, 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

OGIG vs. WUGI - Drawdown Comparison

The maximum OGIG drawdown since its inception was -66.05%, which is greater than WUGI's maximum drawdown of -56.41%. Use the drawdown chart below to compare losses from any high point for OGIG and WUGI.

Drawdown Indicators

	OGIG	WUGI	Difference
Max Drawdown Largest peak-to-trough decline	-66.05%	-56.41%	-9.64%
Max Drawdown (1Y) Largest decline over 1 year	-33.23%	-17.99%	-15.24%
Max Drawdown (3Y) Largest decline over 3 years	-33.23%	-27.49%	-5.74%
Max Drawdown (5Y) Largest decline over 5 years	-62.79%	-56.41%	-6.38%
Current Drawdown Current decline from peak	-32.46%	-4.21%	-28.25%
Average Drawdown Average peak-to-trough decline	-25.68%	-16.55%	-9.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.69%	5.55%	+11.14%

Volatility

OGIG vs. WUGI - Volatility Comparison

The current volatility for O’Shares Global Internet Giants ETF (OGIG) is 9.72%, while Esoterica NextG Economy ETF (WUGI) has a volatility of 14.54%. This indicates that OGIG experiences smaller price fluctuations and is considered to be less risky than WUGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OGIG	WUGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.72%	14.54%	-4.82%
Volatility (6M) Calculated over the trailing 6-month period	18.95%	23.17%	-4.22%
Volatility (1Y) Calculated over the trailing 1-year period	22.82%	26.54%	-3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.68%	31.28%	+0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.00%	31.21%	-0.21%

OGIG vs. WUGI - Expense Ratio Comparison

OGIG has a 0.48% expense ratio, which is lower than WUGI's 0.75% expense ratio.

Dividends

OGIG vs. WUGI - Dividend Comparison

OGIG's dividend yield for the trailing twelve months is around 0.09%, less than WUGI's 18.02% yield.

Position	TTM	2025	2024
OGIG O’Shares Global Internet Giants ETF	0.09%	0.07%	0.00%
WUGI Esoterica NextG Economy ETF	18.02%	22.83%	4.09%

Frequently Asked Questions

Can I hold both OGIG and WUGI in my portfolio?

OGIG and WUGI have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OGIG or WUGI?

WUGI has higher volatility (14.54%) compared to OGIG (9.72%). In terms of maximum drawdown, OGIG dropped -66.05% vs WUGI's -56.41%.

Which ETF is better, OGIG or WUGI?

On 5-year performance, WUGI leads with 15.56% vs -5.48% for OGIG. On fees, OGIG is cheaper at 0.48% per year. On volatility, OGIG has been the lower-risk option at 9.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OGIG or WUGI?

Over the 5-year period, WUGI has performed better with a 15.56% return vs -5.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OGIG or WUGI?

OGIG is cheaper with a 0.48% expense ratio, compared with 0.75% for WUGI.

Which ETF pays a higher dividend yield, OGIG or WUGI?

WUGI has the higher dividend yield at 18.02%, compared with 0.09% for OGIG.

What is the main difference between OGIG and WUGI?

They also come from different issuers: O'Shares Investments and Esoterica. Their fees differ too: 0.48% for OGIG and 0.75% for WUGI.

Which has better risk-adjusted returns?

WUGI currently has the higher Sharpe Ratio (1.70 vs -0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.