WCOM.L vs. VWRP.L
WCOM.L (WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc) and VWRP.L (Vanguard FTSE All-World UCITS ETF (USD) Accumulating) are both exchange-traded funds - WCOM.L is a Commodities fund tracking the Optimized Roll Commodity (GBP Hedged), while VWRP.L is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, WCOM.L returned 9.10%/yr vs 11.93%/yr for VWRP.L. At a 0.15 correlation, their price movements are largely independent. WCOM.L charges 0.35%/yr vs 0.22%/yr for VWRP.L.
Performance
WCOM.L vs. VWRP.L - Performance Comparison
Loading charts...
Different Trading Currencies
WCOM.L is traded in GBp, while VWRP.L is traded in GBP. To make them comparable, the VWRP.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WCOM.L achieves a 17.94% return, which is significantly higher than VWRP.L's 12.16% return.
WCOM.L
- 1D
- -1.79%
- 1M
- -11.60%
- YTD
- 17.94%
- 6M
- 16.60%
- 1Y
- 28.19%
- 3Y*
- 11.40%
- 5Y*
- 9.10%
- 10Y*
- —
VWRP.L
- 1D
- 0.47%
- 1M
- 1.85%
- YTD
- 12.16%
- 6M
- 12.48%
- 1Y
- 28.98%
- 3Y*
- 18.70%
- 5Y*
- 11.93%
- 10Y*
- —
WCOM.L vs. VWRP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WCOM.L WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc | 17.94% | 15.31% | 2.49% | -7.76% | 11.71% | 25.55% | -0.57% | 1.85% |
VWRP.L Vanguard FTSE All-World UCITS ETF (USD) Accumulating | 12.16% | 13.94% | 19.60% | 15.64% | -8.41% | 20.00% | 12.27% | 1.72% |
Correlation
The correlation between WCOM.L and VWRP.L is -0.15, 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 | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2019 | 0.15 |
The correlation between WCOM.L and VWRP.L shifts across timeframes, from -0.15 (1 year) to 0.15 (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
WCOM.L vs. VWRP.L — Risk / Return Rank
WCOM.L
VWRP.L
WCOM.L vs. VWRP.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 Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.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.
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.
| WCOM.L | VWRP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.51 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 4.07 | -2.06 |
| Martin ratioReturn relative to average drawdown | 9.99 | 16.12 | -6.13 |
Loading charts...
Drawdowns
WCOM.L vs. VWRP.L - Drawdown Comparison
The maximum WCOM.L drawdown since its inception was -27.58%, which is greater than VWRP.L's maximum drawdown of -25.10%. Use the drawdown chart below to compare losses from any high point for WCOM.L and VWRP.L.
Loading charts...
Drawdown Indicators
| WCOM.L | VWRP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.58% | -25.10% | -2.48% |
Max Drawdown (1Y)Largest decline over 1 year | -14.03% | -7.10% | -6.93% |
Max Drawdown (3Y)Largest decline over 3 years | -14.03% | -17.64% | +3.61% |
Max Drawdown (5Y)Largest decline over 5 years | -26.41% | -17.64% | -8.77% |
Current DrawdownCurrent decline from peak | -14.03% | -1.00% | -13.03% |
Average DrawdownAverage peak-to-trough decline | -12.30% | -3.37% | -8.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 1.79% | +1.02% |
Volatility
WCOM.L vs. VWRP.L - Volatility Comparison
WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM.L) has a higher volatility of 4.45% compared to Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L) at 3.58%. This indicates that WCOM.L's price experiences larger fluctuations and is considered to be riskier than VWRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WCOM.L | VWRP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 3.58% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 15.02% | 8.21% | +6.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.78% | 10.79% | +5.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.27% | 12.95% | +2.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.96% | 14.95% | -0.99% |
WCOM.L vs. VWRP.L - Expense Ratio Comparison
WCOM.L has a 0.35% expense ratio, which is higher than VWRP.L's 0.22% expense ratio.
Dividends
WCOM.L vs. VWRP.L - Dividend Comparison
Neither WCOM.L nor VWRP.L has paid dividends to shareholders.
Frequently Asked Questions
WCOM.L and VWRP.L have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWRP.L is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWRP.L is cheaper with a 0.22% expense ratio, compared with 0.35% for WCOM.L.
WCOM.L is categorized as Commodities, while VWRP.L is Global Equities. WCOM.L tracks Optimized Roll Commodity (GBP Hedged), while VWRP.L tracks FTSE All-World Index. They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.35% for WCOM.L and 0.22% for VWRP.L.
Find the right allocation for WCOM.L and VWRP.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