PCOM.DE vs. NTSG.DE
PCOM.DE (WisdomTree Broad Commodities UCITS ETF) and NTSG.DE (WisdomTree Global Efficient Core UCITS ETF USD Accumulating) are both exchange-traded funds - PCOM.DE is a Commodities fund tracking the Bloomberg Commodity, while NTSG.DE is a Global Allocation fund tracking the WisdomTree Global Efficient Core Index. Both are passively managed. Over the past year, PCOM.DE returned 37.88% vs 20.71% for NTSG.DE. At a 0.03 correlation, their price movements are largely independent. PCOM.DE charges 0.19%/yr vs 0.25%/yr for NTSG.DE.
Performance
PCOM.DE vs. NTSG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PCOM.DE achieves a 25.30% return, which is significantly higher than NTSG.DE's 8.92% return.
PCOM.DE
- 1D
- 0.54%
- 1M
- -1.79%
- YTD
- 25.30%
- 6M
- 26.22%
- 1Y
- 37.88%
- 3Y*
- 13.46%
- 5Y*
- —
- 10Y*
- —
NTSG.DE
- 1D
- 0.04%
- 1M
- 5.20%
- YTD
- 8.92%
- 6M
- 7.87%
- 1Y
- 20.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PCOM.DE vs. NTSG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PCOM.DE WisdomTree Broad Commodities UCITS ETF | 25.30% | 5.09% | 3.69% |
NTSG.DE WisdomTree Global Efficient Core UCITS ETF USD Accumulating | 8.92% | 8.14% | 0.20% |
Correlation
The correlation between PCOM.DE and NTSG.DE is -0.07, 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 | -0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2024 | 0.03 |
The correlation between PCOM.DE and NTSG.DE shifts across timeframes, from -0.07 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PCOM.DE vs. NTSG.DE — Risk / Return Rank
PCOM.DE
NTSG.DE
PCOM.DE vs. NTSG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Broad Commodities UCITS ETF (PCOM.DE) and WisdomTree Global Efficient Core UCITS ETF USD Accumulating (NTSG.DE). 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.
| PCOM.DE | NTSG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.34 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.17 | 3.29 | +0.88 |
| Martin ratioReturn relative to average drawdown | 9.37 | 11.64 | -2.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PCOM.DE | NTSG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.86 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.79 | -0.15 |
Drawdowns
PCOM.DE vs. NTSG.DE - Drawdown Comparison
The maximum PCOM.DE drawdown since its inception was -27.22%, which is greater than NTSG.DE's maximum drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for PCOM.DE and NTSG.DE.
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Drawdown Indicators
| PCOM.DE | NTSG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.22% | -19.64% | -7.58% |
Max Drawdown (1Y)Largest decline over 1 year | -8.82% | -6.26% | -2.56% |
Max Drawdown (3Y)Largest decline over 3 years | -15.80% | — | — |
Current DrawdownCurrent decline from peak | -3.52% | -0.09% | -3.43% |
Average DrawdownAverage peak-to-trough decline | -15.90% | -3.69% | -12.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 1.77% | +2.16% |
Volatility
PCOM.DE vs. NTSG.DE - Volatility Comparison
WisdomTree Broad Commodities UCITS ETF (PCOM.DE) has a higher volatility of 6.27% compared to WisdomTree Global Efficient Core UCITS ETF USD Accumulating (NTSG.DE) at 3.24%. This indicates that PCOM.DE's price experiences larger fluctuations and is considered to be riskier than NTSG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCOM.DE | NTSG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.27% | 3.24% | +3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 17.17% | 8.09% | +9.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.43% | 11.12% | +8.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.76% | 14.30% | +3.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.76% | 14.30% | +3.46% |
PCOM.DE vs. NTSG.DE - Expense Ratio Comparison
PCOM.DE has a 0.19% expense ratio, which is lower than NTSG.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PCOM.DE vs. NTSG.DE - Dividend Comparison
Neither PCOM.DE nor NTSG.DE has paid dividends to shareholders.
Frequently Asked Questions
PCOM.DE and NTSG.DE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PCOM.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PCOM.DE is cheaper with a 0.19% expense ratio, compared with 0.25% for NTSG.DE.
PCOM.DE is categorized as Commodities, while NTSG.DE is Global Allocation. PCOM.DE tracks Bloomberg Commodity, while NTSG.DE tracks WisdomTree Global Efficient Core Index. Their fees differ too: 0.19% for PCOM.DE and 0.25% for NTSG.DE.
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