WCOB.L vs. ISP6.L
WCOB.L (WisdomTree Enhanced Commodity UCITS ETF USD Acc) and ISP6.L (iShares S&P SmallCap 600 UCITS ETF) are both exchange-traded funds - WCOB.L is a Commodities fund tracking the Optimised Roll Commodity, while ISP6.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD. Both are passively managed. Over the past 5 years, WCOB.L returned 12.74%/yr vs 6.63%/yr for ISP6.L. At a 0.13 correlation, their price movements are largely independent. WCOB.L charges 0.35%/yr vs 0.40%/yr for ISP6.L.
Performance
WCOB.L vs. ISP6.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WCOB.L achieves a 31.29% return, which is significantly higher than ISP6.L's 15.45% return.
WCOB.L
- 1D
- -1.15%
- 1M
- -1.32%
- YTD
- 31.29%
- 6M
- 31.55%
- 1Y
- 45.40%
- 3Y*
- 13.21%
- 5Y*
- 12.74%
- 10Y*
- —
ISP6.L
- 1D
- 1.09%
- 1M
- 2.81%
- YTD
- 15.45%
- 6M
- 14.84%
- 1Y
- 34.21%
- 3Y*
- 12.19%
- 5Y*
- 6.63%
- 10Y*
- 11.01%
WCOB.L vs. ISP6.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WCOB.L WisdomTree Enhanced Commodity UCITS ETF USD Acc | 31.29% | 7.73% | 4.50% | -12.06% | 25.92% | 28.89% | -3.11% | 3.86% | -3.43% | -3.53% |
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 15.45% | -0.91% | 8.76% | 10.98% | -6.72% | 27.86% | 6.87% | 17.51% | -4.56% | 3.68% |
Correlation
The correlation between WCOB.L and ISP6.L is -0.18, 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 | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2017 | 0.13 |
The correlation between WCOB.L and ISP6.L shifts across timeframes, from -0.18 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WCOB.L vs. ISP6.L — Risk / Return Rank
WCOB.L
ISP6.L
WCOB.L vs. ISP6.L - 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 S&P SmallCap 600 UCITS ETF (ISP6.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.
| WCOB.L | ISP6.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.39 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 6.47 | 5.28 | +1.20 |
| Martin ratioReturn relative to average drawdown | 16.38 | 15.98 | +0.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WCOB.L | ISP6.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.57 | 2.20 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.35 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.58 | +0.08 |
Drawdowns
WCOB.L vs. ISP6.L - Drawdown Comparison
The maximum WCOB.L drawdown since its inception was -27.14%, smaller than the maximum ISP6.L drawdown of -39.08%. Use the drawdown chart below to compare losses from any high point for WCOB.L and ISP6.L.
Loading charts...
Drawdown Indicators
| WCOB.L | ISP6.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.14% | -39.08% | +11.94% |
Max Drawdown (1Y)Largest decline over 1 year | -6.98% | -6.45% | -0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -13.74% | -30.26% | +16.52% |
Max Drawdown (5Y)Largest decline over 5 years | -27.14% | -30.26% | +3.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.08% | — |
Current DrawdownCurrent decline from peak | -3.72% | 0.00% | -3.72% |
Average DrawdownAverage peak-to-trough decline | -11.70% | -7.53% | -4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 2.13% | +0.63% |
Volatility
WCOB.L vs. ISP6.L - Volatility Comparison
WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) has a higher volatility of 5.81% compared to iShares S&P SmallCap 600 UCITS ETF (ISP6.L) at 3.96%. This indicates that WCOB.L's price experiences larger fluctuations and is considered to be riskier than ISP6.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WCOB.L | ISP6.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | 3.96% | +1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 15.36% | 10.32% | +5.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.59% | 15.51% | +2.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.37% | 19.09% | -3.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.90% | 20.45% | -4.55% |
WCOB.L vs. ISP6.L - Expense Ratio Comparison
WCOB.L has a 0.35% expense ratio, which is lower than ISP6.L's 0.40% expense ratio.
Dividends
WCOB.L vs. ISP6.L - Dividend Comparison
WCOB.L has not paid dividends to shareholders, while ISP6.L's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 1.02% | 1.22% | 1.15% | 1.08% | 1.00% | 0.65% | 0.94% | 0.97% | 0.96% | 0.78% | 0.77% | 0.53% |
WCOB.L WisdomTree Enhanced Commodity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WCOB.L and ISP6.L have a correlation of -0.18, 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 ISP6.L.
WCOB.L is categorized as Commodities, while ISP6.L is Small Cap Blend Equities. WCOB.L tracks Optimised Roll Commodity, while ISP6.L tracks Russell 2000 TR USD. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.35% for WCOB.L and 0.40% for ISP6.L.
Find the right allocation for WCOB.L and ISP6.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