WGLD.DE vs. IAUM
WGLD.DE (WisdomTree Core Physical Gold) and IAUM (iShares Gold Trust Micro) are both exchange-traded funds - WGLD.DE is a Precious Metals fund tracking the Gold, while IAUM is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. Over the past 3 years, WGLD.DE returned 28.03%/yr vs 28.09%/yr for IAUM. Their correlation of 0.81 suggests significant overlap in exposure. WGLD.DE charges 0.12%/yr vs 0.09%/yr for IAUM.
Performance
WGLD.DE vs. IAUM - Performance Comparison
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Different Trading Currencies
WGLD.DE is traded in EUR, while IAUM is traded in USD. To make them comparable, the IAUM values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WGLD.DE achieves a 2.75% return, which is significantly lower than IAUM's 5.02% return.
WGLD.DE
- 1D
- 0.59%
- 1M
- -1.57%
- YTD
- 2.75%
- 6M
- 6.40%
- 1Y
- 30.17%
- 3Y*
- 28.03%
- 5Y*
- 19.71%
- 10Y*
- —
IAUM
- 1D
- 0.67%
- 1M
- -1.00%
- YTD
- 5.02%
- 6M
- 6.67%
- 1Y
- 30.43%
- 3Y*
- 28.09%
- 5Y*
- —
- 10Y*
- —
WGLD.DE vs. IAUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WGLD.DE WisdomTree Core Physical Gold | 2.75% | 49.08% | 34.17% | 9.39% | 7.07% | 7.41% |
IAUM iShares Gold Trust Micro | 5.02% | 44.78% | 35.42% | 9.73% | 5.68% | 8.70% |
Correlation
The correlation between WGLD.DE and IAUM is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021 | 0.81 |
The correlation between WGLD.DE and IAUM has been stable across timeframes, ranging from 0.81 to 0.81 - a consistent structural relationship.
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Return for Risk
WGLD.DE vs. IAUM — Risk / Return Rank
WGLD.DE
IAUM
WGLD.DE vs. IAUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Physical Gold (WGLD.DE) and iShares Gold Trust Micro (IAUM). 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.
| WGLD.DE | IAUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.25 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.79 | +0.02 |
| Martin ratioReturn relative to average drawdown | 4.60 | 4.27 | +0.33 |
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
| WGLD.DE | IAUM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 1.23 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.27 | 1.29 | -0.02 |
Drawdowns
WGLD.DE vs. IAUM - Drawdown Comparison
The maximum WGLD.DE drawdown since its inception was -16.58%, roughly equal to the maximum IAUM drawdown of -17.09%. Use the drawdown chart below to compare losses from any high point for WGLD.DE and IAUM.
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Drawdown Indicators
| WGLD.DE | IAUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.58% | -17.09% | +0.51% |
Max Drawdown (1Y)Largest decline over 1 year | -16.58% | -17.09% | +0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -16.58% | -17.09% | +0.51% |
Max Drawdown (5Y)Largest decline over 5 years | -16.58% | — | — |
Current DrawdownCurrent decline from peak | -14.99% | -15.48% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -4.27% | -4.29% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 7.14% | -0.60% |
Volatility
WGLD.DE vs. IAUM - Volatility Comparison
WisdomTree Core Physical Gold (WGLD.DE) has a higher volatility of 5.05% compared to iShares Gold Trust Micro (IAUM) at 4.60%. This indicates that WGLD.DE's price experiences larger fluctuations and is considered to be riskier than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WGLD.DE | IAUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 4.60% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 20.18% | 21.54% | -1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.13% | 24.88% | -1.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.05% | 16.61% | -0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.88% | 16.61% | -0.73% |
WGLD.DE vs. IAUM - Expense Ratio Comparison
WGLD.DE has a 0.12% expense ratio, which is higher than IAUM's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WGLD.DE vs. IAUM - Dividend Comparison
Neither WGLD.DE nor IAUM has paid dividends to shareholders.
Frequently Asked Questions
WGLD.DE and IAUM have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IAUM is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IAUM is cheaper with a 0.09% expense ratio, compared with 0.12% for WGLD.DE.
WGLD.DE is categorized as Precious Metals, while IAUM is Gold. WGLD.DE tracks Gold, while IAUM tracks LBMA Gold Price PM. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.12% for WGLD.DE and 0.09% for IAUM.
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