WEAT.L vs. ^VVIX
Compare and contrast key facts about WisdomTree Wheat (WEAT.L) and CBOE VIX Volatility Index (^VVIX).
WEAT.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Wheat. It was launched on Sep 22, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WEAT.L or ^VVIX.
Key characteristics
| WEAT.L | ^VVIX | |
|---|---|---|
| YTD Return | -21.04% | 3.99% |
| 1Y Return | -15.05% | 6.50% |
| 3Y Return (Ann) | -20.14% | -6.43% |
| 5Y Return (Ann) | -5.69% | -0.63% |
| 10Y Return (Ann) | -8.75% | 0.64% |
| Sharpe Ratio | -0.50 | 0.09 |
| Sortino Ratio | -0.56 | 0.95 |
| Omega Ratio | 0.94 | 1.11 |
| Calmar Ratio | -0.15 | 0.14 |
| Martin Ratio | -0.84 | 0.35 |
| Ulcer Index | 16.48% | 25.73% |
| Daily Std Dev | 28.03% | 94.23% |
| Max Drawdown | -93.61% | -78.10% |
| Current Drawdown | -93.56% | -56.44% |
Correlation
The correlation between WEAT.L and ^VVIX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
WEAT.L vs. ^VVIX - Performance Comparison
In the year-to-date period, WEAT.L achieves a -21.04% return, which is significantly lower than ^VVIX's 3.99% return. Over the past 10 years, WEAT.L has underperformed ^VVIX with an annualized return of -8.75%, while ^VVIX has yielded a comparatively higher 0.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WEAT.L vs. ^VVIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Wheat (WEAT.L) and CBOE VIX Volatility 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.
Drawdowns
WEAT.L vs. ^VVIX - Drawdown Comparison
The maximum WEAT.L drawdown since its inception was -93.61%, which is greater than ^VVIX's maximum drawdown of -78.10%. Use the drawdown chart below to compare losses from any high point for WEAT.L and ^VVIX. For additional features, visit the drawdowns tool.
Volatility
WEAT.L vs. ^VVIX - Volatility Comparison
The current volatility for WisdomTree Wheat (WEAT.L) is 5.77%, while CBOE VIX Volatility Index (^VVIX) has a volatility of 26.47%. 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.