WEAT.L vs. ^VVIX
WEAT.L (WisdomTree Wheat) is Agricultural Commodities fund tracking the Bloomberg Wheat, while ^VVIX (Cboe VVIX Index) is an index. Over the past 10 years, WEAT.L returned -5.04%/yr vs 0.31%/yr for ^VVIX. At a correlation of -0.03, they often move in opposite directions.
Performance
WEAT.L vs. ^VVIX - Performance Comparison
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Returns By Period
In the year-to-date period, WEAT.L achieves a 28.47% return, which is significantly higher than ^VVIX's -0.88% return. Over the past 10 years, WEAT.L has underperformed ^VVIX with an annualized return of -5.04%, while ^VVIX has yielded a comparatively higher 0.31% annualized return.
WEAT.L
- 1D
- 5.43%
- 1M
- 13.57%
- 6M
- 27.80%
- YTD
- 28.47%
- 1Y
- 13.45%
- 3Y*
- -8.51%
- 5Y*
- -8.87%
- 10Y*
- -5.04%
^VVIX
- 1D
- -1.80%
- 1M
- 4.88%
- 6M
- -12.40%
- YTD
- -0.88%
- 1Y
- -2.97%
- 3Y*
- -1.08%
- 5Y*
- -6.55%
- 10Y*
- 0.31%
WEAT.L vs. ^VVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WEAT.L WisdomTree Wheat | 28.47% | -17.66% | -20.51% | -25.55% | -7.13% | 14.06% | 9.11% | 6.88% | 2.75% | -13.04% |
^VVIX Cboe VVIX Index | -0.88% | -11.18% | 19.97% | 12.86% | -29.74% | -1.96% | 18.87% | 8.02% | -13.55% | 10.00% |
Correlation
The correlation between WEAT.L and ^VVIX is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | -0.03 |
The correlation between WEAT.L and ^VVIX shifts across timeframes, from -0.03 (all time) to 0.07 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WEAT.L vs. ^VVIX — Risk / Return Rank
WEAT.L
^VVIX
WEAT.L vs. ^VVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Wheat (WEAT.L) and Cboe VVIX Index (^VVIX). 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.
| WEAT.L | ^VVIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.07 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | -0.08 | +0.87 |
| Martin ratioReturn relative to average drawdown | 1.62 | -0.12 | +1.74 |
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Drawdowns
WEAT.L vs. ^VVIX - Drawdown Comparison
The maximum WEAT.L drawdown since its inception was -94.62%, which is greater than ^VVIX's maximum drawdown of -64.71%. Use the drawdown chart below to compare losses from any high point for WEAT.L and ^VVIX.
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Drawdown Indicators
| WEAT.L | ^VVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.62% | -64.71% | -29.91% |
Max Drawdown (1Y)Largest decline over 1 year | -16.83% | -38.94% | +22.11% |
Max Drawdown (3Y)Largest decline over 3 years | -49.16% | -52.75% | +3.59% |
Max Drawdown (5Y)Largest decline over 5 years | -73.80% | -53.07% | -20.73% |
Max Drawdown (10Y)Largest decline over 10 years | -73.80% | -64.71% | -9.09% |
Current DrawdownCurrent decline from peak | -93.06% | -55.75% | -37.31% |
Average DrawdownAverage peak-to-trough decline | -81.45% | -43.99% | -37.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.28% | 24.20% | -15.92% |
Volatility
WEAT.L vs. ^VVIX - Volatility Comparison
The current volatility for WisdomTree Wheat (WEAT.L) is 9.39%, while Cboe VVIX Index (^VVIX) has a volatility of 20.42%. This indicates that WEAT.L experiences smaller price fluctuations and is considered to be less risky than ^VVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEAT.L | ^VVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.39% | 20.42% | -11.03% |
Volatility (6M)Calculated over the trailing 6-month period | 20.99% | 65.00% | -44.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.47% | 86.67% | -62.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.41% | 88.19% | -55.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.23% | 86.05% | -56.82% |
Frequently Asked Questions
WEAT.L and ^VVIX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for WEAT.L and ^VVIX
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