WCOB.L vs. 2B76.DE
WCOB.L (WisdomTree Enhanced Commodity UCITS ETF USD Acc) and 2B76.DE (iShares Automation & Robotics UCITS ETF) are both exchange-traded funds - WCOB.L is a Commodities fund tracking the Optimised Roll Commodity, while 2B76.DE is a Robotics fund tracking the iSTOXX® FactSet Automation & Robotics. Both are passively managed. Over the past 5 years, WCOB.L returned 11.56%/yr vs 11.66%/yr for 2B76.DE. At a 0.17 correlation, their price movements are largely independent. WCOB.L charges 0.35%/yr vs 0.40%/yr for 2B76.DE.
Performance
WCOB.L vs. 2B76.DE - Performance Comparison
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Different Trading Currencies
WCOB.L is traded in GBp, while 2B76.DE is traded in EUR. To make them comparable, the 2B76.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WCOB.L achieves a 25.92% return, which is significantly lower than 2B76.DE's 27.78% return.
WCOB.L
- 1D
- -1.77%
- 1M
- -6.96%
- YTD
- 25.92%
- 6M
- 27.19%
- 1Y
- 34.85%
- 3Y*
- 11.95%
- 5Y*
- 11.56%
- 10Y*
- 8.11%
2B76.DE
- 1D
- 3.97%
- 1M
- 2.70%
- YTD
- 27.78%
- 6M
- 27.31%
- 1Y
- 46.07%
- 3Y*
- 17.62%
- 5Y*
- 11.66%
- 10Y*
- —
WCOB.L vs. 2B76.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WCOB.L WisdomTree Enhanced Commodity UCITS ETF USD Acc | 25.92% | 7.73% | 4.50% | -12.06% | 26.46% | 28.35% | -2.13% | 3.31% | -3.90% | -4.31% |
2B76.DE iShares Automation & Robotics UCITS ETF | 27.78% | 9.94% | 7.23% | 32.31% | -27.26% | 22.90% | 33.26% | 34.55% | -14.33% | 34.94% |
Correlation
The correlation between WCOB.L and 2B76.DE is -0.10, 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 | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2016 | 0.17 |
The correlation between WCOB.L and 2B76.DE shifts across timeframes, from -0.10 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WCOB.L vs. 2B76.DE — Risk / Return Rank
WCOB.L
2B76.DE
WCOB.L vs. 2B76.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) and iShares Automation & Robotics UCITS ETF (2B76.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.
| WCOB.L | 2B76.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.35 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.85 | 3.37 | +1.48 |
| Martin ratioReturn relative to average drawdown | 12.75 | 10.00 | +2.76 |
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Drawdowns
WCOB.L vs. 2B76.DE - Drawdown Comparison
The maximum WCOB.L drawdown since its inception was -33.06%, roughly equal to the maximum 2B76.DE drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for WCOB.L and 2B76.DE.
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Drawdown Indicators
| WCOB.L | 2B76.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.06% | -33.50% | +0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -7.65% | -13.20% | +5.55% |
Max Drawdown (3Y)Largest decline over 3 years | -26.20% | -28.41% | +2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -27.14% | -33.50% | +6.36% |
Max Drawdown (10Y)Largest decline over 10 years | -27.14% | — | — |
Current DrawdownCurrent decline from peak | -7.65% | -1.21% | -6.44% |
Average DrawdownAverage peak-to-trough decline | -17.95% | -8.70% | -9.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 4.46% | -1.55% |
Volatility
WCOB.L vs. 2B76.DE - Volatility Comparison
The current volatility for WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) is 4.95%, while iShares Automation & Robotics UCITS ETF (2B76.DE) has a volatility of 8.83%. This indicates that WCOB.L experiences smaller price fluctuations and is considered to be less risky than 2B76.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WCOB.L | 2B76.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 8.83% | -3.88% |
Volatility (6M)Calculated over the trailing 6-month period | 15.60% | 17.62% | -2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.81% | 21.82% | -4.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.41% | 21.46% | -1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.87% | 21.98% | -5.11% |
WCOB.L vs. 2B76.DE - Expense Ratio Comparison
WCOB.L has a 0.35% expense ratio, which is lower than 2B76.DE's 0.40% expense ratio.
Dividends
WCOB.L vs. 2B76.DE - Dividend Comparison
Neither WCOB.L nor 2B76.DE has paid dividends to shareholders.
Frequently Asked Questions
WCOB.L and 2B76.DE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WCOB.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WCOB.L is cheaper with a 0.35% expense ratio, compared with 0.40% for 2B76.DE.
WCOB.L is categorized as Commodities, while 2B76.DE is Robotics. WCOB.L tracks Optimised Roll Commodity, while 2B76.DE tracks iSTOXX® FactSet Automation & Robotics. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.35% for WCOB.L and 0.40% for 2B76.DE.
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