WCOM.L vs. ETRA.L
Compare and contrast key facts about WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM.L) and L&G New Energy Commodities UCITS ETF USD Acc (ETRA.L).
WCOM.L and ETRA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WCOM.L is a passively managed fund by WisdomTree that tracks the performance of the Optimized Roll Commodity (GBP Hedged). It was launched on Aug 14, 2018. ETRA.L is a passively managed fund by L&G that tracks the performance of the Solactive Energy Transition Commodity Total Return Index. It was launched on Apr 15, 2024. Both WCOM.L and ETRA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
WCOM.L vs. ETRA.L - Performance Comparison
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WCOM.L vs. ETRA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WCOM.L WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc | 26.20% | 15.31% | -2.44% |
ETRA.L L&G New Energy Commodities UCITS ETF USD Acc | 10.07% | 19.38% | -2.27% |
Returns By Period
In the year-to-date period, WCOM.L achieves a 26.20% return, which is significantly higher than ETRA.L's 10.07% return.
WCOM.L
- 1D
- -1.60%
- 1M
- 8.49%
- YTD
- 26.20%
- 6M
- 31.67%
- 1Y
- 35.70%
- 3Y*
- 12.68%
- 5Y*
- 12.70%
- 10Y*
- —
ETRA.L
- 1D
- -0.49%
- 1M
- 2.14%
- YTD
- 10.07%
- 6M
- 24.41%
- 1Y
- 25.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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WCOM.L vs. ETRA.L - Expense Ratio Comparison
WCOM.L has a 0.35% expense ratio, which is lower than ETRA.L's 0.65% expense ratio.
Return for Risk
WCOM.L vs. ETRA.L — Risk / Return Rank
WCOM.L
ETRA.L
WCOM.L vs. ETRA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM.L) and L&G New Energy Commodities UCITS ETF USD Acc (ETRA.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.
| WCOM.L | ETRA.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.31 | 1.77 | +0.54 |
Sortino ratioReturn per unit of downside risk | 3.05 | 2.39 | +0.67 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.33 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 5.42 | 3.02 | +2.39 |
Martin ratioReturn relative to average drawdown | 14.92 | 8.81 | +6.11 |
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
| WCOM.L | ETRA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.31 | 1.77 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 1.04 | -0.42 |
Correlation
The correlation between WCOM.L and ETRA.L is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
WCOM.L vs. ETRA.L - Dividend Comparison
Neither WCOM.L nor ETRA.L has paid dividends to shareholders.
Drawdowns
WCOM.L vs. ETRA.L - Drawdown Comparison
The maximum WCOM.L drawdown since its inception was -27.58%, which is greater than ETRA.L's maximum drawdown of -15.11%. Use the drawdown chart below to compare losses from any high point for WCOM.L and ETRA.L.
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Drawdown Indicators
| WCOM.L | ETRA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.58% | -15.11% | -12.47% |
Max Drawdown (1Y)Largest decline over 1 year | -8.79% | -8.76% | -0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -26.41% | — | — |
Current DrawdownCurrent decline from peak | -1.60% | -0.80% | -0.80% |
Average DrawdownAverage peak-to-trough decline | -12.59% | -6.71% | -5.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 2.98% | -0.66% |
Volatility
WCOM.L vs. ETRA.L - Volatility Comparison
WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM.L) has a higher volatility of 6.55% compared to L&G New Energy Commodities UCITS ETF USD Acc (ETRA.L) at 3.63%. This indicates that WCOM.L's price experiences larger fluctuations and is considered to be riskier than ETRA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WCOM.L | ETRA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 3.63% | +2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 12.44% | 11.38% | +1.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.42% | 14.32% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 12.98% | +1.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.70% | 12.98% | +0.72% |