WEAT.L vs. AIGG.L
Compare and contrast key facts about WisdomTree Wheat (WEAT.L) and WisdomTree Grains (AIGG.L).
WEAT.L and AIGG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WEAT.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Wheat. It was launched on Sep 22, 2006. AIGG.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Grains. It was launched on Sep 22, 2006. Both WEAT.L and AIGG.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WEAT.L or AIGG.L.
Key characteristics
| WEAT.L | AIGG.L | |
|---|---|---|
| YTD Return | -21.04% | -20.04% |
| 1Y Return | -15.05% | -21.93% |
| 3Y Return (Ann) | -20.14% | -6.62% |
| 5Y Return (Ann) | -5.69% | 3.50% |
| 10Y Return (Ann) | -8.75% | -3.52% |
| Sharpe Ratio | -0.50 | -1.30 |
| Sortino Ratio | -0.56 | -1.86 |
| Omega Ratio | 0.94 | 0.80 |
| Calmar Ratio | -0.15 | -0.33 |
| Martin Ratio | -0.84 | -1.48 |
| Ulcer Index | 16.48% | 14.48% |
| Daily Std Dev | 28.03% | 16.46% |
| Max Drawdown | -93.61% | -73.81% |
| Current Drawdown | -93.56% | -63.89% |
Correlation
The correlation between WEAT.L and AIGG.L is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WEAT.L vs. AIGG.L - Performance Comparison
The year-to-date returns for both investments are quite close, with WEAT.L having a -21.04% return and AIGG.L slightly higher at -20.04%. Over the past 10 years, WEAT.L has underperformed AIGG.L with an annualized return of -8.75%, while AIGG.L has yielded a comparatively higher -3.52% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WEAT.L vs. AIGG.L - Expense Ratio Comparison
Both WEAT.L and AIGG.L have an expense ratio of 0.49%.
Risk-Adjusted Performance
WEAT.L vs. AIGG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Wheat (WEAT.L) and WisdomTree Grains (AIGG.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.
Dividends
WEAT.L vs. AIGG.L - Dividend Comparison
Neither WEAT.L nor AIGG.L has paid dividends to shareholders.
Drawdowns
WEAT.L vs. AIGG.L - Drawdown Comparison
The maximum WEAT.L drawdown since its inception was -93.61%, which is greater than AIGG.L's maximum drawdown of -73.81%. Use the drawdown chart below to compare losses from any high point for WEAT.L and AIGG.L. For additional features, visit the drawdowns tool.
Volatility
WEAT.L vs. AIGG.L - Volatility Comparison
WisdomTree Wheat (WEAT.L) has a higher volatility of 5.77% compared to WisdomTree Grains (AIGG.L) at 3.74%. This indicates that WEAT.L's price experiences larger fluctuations and is considered to be riskier than AIGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.