PHPP.L vs. VVGM.DE
PHPP.L (WisdomTree Physical Precious Metals) and VVGM.DE (VanEck Morningstar Global Wide Moat UCITS ETF) are both exchange-traded funds - PHPP.L is a Precious Metals fund tracking the Precious Metals Basket, while VVGM.DE is a Global Equities fund tracking the Morningstar Global Wide Moat Focus. Both are passively managed. Over the past 5 years, PHPP.L returned 10.65%/yr vs 7.56%/yr for VVGM.DE. At a 0.13 correlation, their price movements are largely independent. PHPP.L charges 0.44%/yr vs 0.52%/yr for VVGM.DE.
Performance
PHPP.L vs. VVGM.DE - Performance Comparison
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Different Trading Currencies
PHPP.L is traded in GBp, while VVGM.DE is traded in EUR. To make them comparable, the VVGM.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, PHPP.L achieves a -8.39% return, which is significantly lower than VVGM.DE's -0.27% return.
PHPP.L
- 1D
- -0.66%
- 1M
- -15.30%
- YTD
- -8.39%
- 6M
- -3.53%
- 1Y
- 34.65%
- 3Y*
- 21.96%
- 5Y*
- 10.65%
- 10Y*
- 11.97%
VVGM.DE
- 1D
- 0.71%
- 1M
- 1.86%
- YTD
- -0.27%
- 6M
- -0.34%
- 1Y
- 9.00%
- 3Y*
- 10.39%
- 5Y*
- 7.56%
- 10Y*
- —
PHPP.L vs. VVGM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PHPP.L WisdomTree Physical Precious Metals | -8.39% | 72.45% | 17.27% | -8.55% | 11.64% | -10.26% | 8.00% |
VVGM.DE VanEck Morningstar Global Wide Moat UCITS ETF | -0.27% | 17.48% | 11.07% | 4.95% | -1.02% | 16.01% | 8.61% |
Correlation
The correlation between PHPP.L and VVGM.DE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2020 | 0.13 |
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Return for Risk
PHPP.L vs. VVGM.DE — Risk / Return Rank
PHPP.L
VVGM.DE
PHPP.L vs. VVGM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Physical Precious Metals (PHPP.L) and VanEck Morningstar Global Wide Moat UCITS ETF (VVGM.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.
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.
| PHPP.L | VVGM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.15 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | 0.95 | +0.21 |
| Martin ratioReturn relative to average drawdown | 3.15 | 3.01 | +0.14 |
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Drawdowns
PHPP.L vs. VVGM.DE - Drawdown Comparison
The maximum PHPP.L drawdown since its inception was -59.50%, which is greater than VVGM.DE's maximum drawdown of -14.96%. Use the drawdown chart below to compare losses from any high point for PHPP.L and VVGM.DE.
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Drawdown Indicators
| PHPP.L | VVGM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.50% | -14.96% | -44.54% |
Max Drawdown (1Y)Largest decline over 1 year | -29.75% | -10.86% | -18.89% |
Max Drawdown (3Y)Largest decline over 3 years | -29.75% | -14.96% | -14.79% |
Max Drawdown (5Y)Largest decline over 5 years | -29.75% | -14.96% | -14.79% |
Max Drawdown (10Y)Largest decline over 10 years | -29.75% | — | — |
Current DrawdownCurrent decline from peak | -29.75% | -5.17% | -24.58% |
Average DrawdownAverage peak-to-trough decline | -22.65% | -3.22% | -19.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.97% | 3.42% | +7.55% |
Volatility
PHPP.L vs. VVGM.DE - Volatility Comparison
WisdomTree Physical Precious Metals (PHPP.L) has a higher volatility of 7.62% compared to VanEck Morningstar Global Wide Moat UCITS ETF (VVGM.DE) at 3.90%. This indicates that PHPP.L's price experiences larger fluctuations and is considered to be riskier than VVGM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PHPP.L | VVGM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.62% | 3.90% | +3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 29.66% | 10.13% | +19.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.31% | 12.19% | +20.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.62% | 13.22% | +8.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.87% | 13.46% | +6.41% |
PHPP.L vs. VVGM.DE - Expense Ratio Comparison
PHPP.L has a 0.44% expense ratio, which is lower than VVGM.DE's 0.52% expense ratio.
Dividends
PHPP.L vs. VVGM.DE - Dividend Comparison
Neither PHPP.L nor VVGM.DE has paid dividends to shareholders.
Frequently Asked Questions
PHPP.L and VVGM.DE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PHPP.L is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PHPP.L is cheaper with a 0.44% expense ratio, compared with 0.52% for VVGM.DE.
PHPP.L is categorized as Precious Metals, while VVGM.DE is Global Equities. PHPP.L tracks Precious Metals Basket, while VVGM.DE tracks Morningstar Global Wide Moat Focus. They also come from different issuers: WisdomTree and VanEck. Their fees differ too: 0.44% for PHPP.L and 0.52% for VVGM.DE.
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