WISE.L vs. PCFT.L

Last updated Jun 9, 2026

WISE.L (Wise plc) and PCFT.L (Polar Capital Global Financials Trust plc) are both stocks. WISE.L operates in Information Technology Services (Technology), while PCFT.L operates in Collective Investments (Financial Services). Over the past 3 years, WISE.L returned 11.03%/yr vs 21.44%/yr for PCFT.L. At a 0.31 correlation, their price movements are largely independent.

Performance

WISE.L vs. PCFT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Wise plc (WISE.L) and Polar Capital Global Financials Trust plc (PCFT.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WISE.L achieves a -7.07% return, which is significantly lower than PCFT.L's -0.46% return.

WISE.L

• 1D: 0.24%
• 1M: -21.89%
• YTD: -7.07%
• 6M: -3.83%
• 1Y: -27.43%
• 3Y*: 11.03%
• 5Y*: —
• 10Y*: —

PCFT.L

• 1D: 0.22%
• 1M: 1.58%
• YTD: -0.46%
• 6M: 4.99%
• 1Y: 11.91%
• 3Y*: 21.44%
• 5Y*: 9.22%
• 10Y*: 12.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WISE.L vs. PCFT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WISE.L Wise plc	-7.07%	-16.42%	21.97%	55.29%	-25.61%	-5.43%
PCFT.L Polar Capital Global Financials Trust plc	-0.46%	24.68%	31.76%	0.81%	-9.24%	6.72%

Correlation

The correlation between WISE.L and PCFT.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jul 7, 2021	0.31

Fundamentals

Market Cap WISE.L : £8.62B PCFT.L : £547.17M
EPS WISE.L : £0.79 PCFT.L : £0.90
PE Ratio WISE.L : 10.53 PCFT.L : 2.50
PEG Ratio WISE.L : 0.09 PCFT.L : 0.00
PS Ratio WISE.L : 2.48 PCFT.L : 2.96
PB Ratio WISE.L : 6.02 PCFT.L : 1.45
Total Revenue (TTM) WISE.L : £3.48B PCFT.L : £184.77M
Gross Profit (TTM) WISE.L : £1.26B PCFT.L : £181.04M
EBITDA (TTM) WISE.L : £1.13B PCFT.L : £232.42M

Return for Risk

WISE.L vs. PCFT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WISE.L

WISE.L Risk / Return Rank: 8
WISE.L Sharpe Ratio Rank: 9
WISE.L Sortino Ratio Rank: 10
WISE.L Omega Ratio Rank: 11
WISE.L Calmar Ratio Rank: 5
WISE.L Martin Ratio Rank: 4

PCFT.L

PCFT.L Risk / Return Rank: 64
PCFT.L Sharpe Ratio Rank: 68
PCFT.L Sortino Ratio Rank: 60
PCFT.L Omega Ratio Rank: 59
PCFT.L Calmar Ratio Rank: 63
PCFT.L Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WISE.L vs. PCFT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wise plc (WISE.L) and Polar Capital Global Financials Trust plc (PCFT.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.

	WISE.L	PCFT.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.81	0.77	-1.58
Sortino ratio: Return per unit of downside risk	-1.12	1.17	-2.29
Omega ratio: Gain probability vs. loss probability	0.86	1.15	-0.28
Calmar ratio: Return relative to maximum drawdown	-0.92	0.98	-1.90
Martin ratio: Return relative to average drawdown	-1.59	2.94	-4.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WISE.L vs. PCFT.L - Sharpe Ratio Comparison

The current WISE.L Sharpe Ratio is -0.81, which is lower than the PCFT.L Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of WISE.L and PCFT.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WISE.L	PCFT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.81	0.77	-1.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.53	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.50	-0.53

Drawdowns

WISE.L vs. PCFT.L - Drawdown Comparison

The maximum WISE.L drawdown since its inception was -74.14%, which is greater than PCFT.L's maximum drawdown of -40.17%. Use the drawdown chart below to compare losses from any high point for WISE.L and PCFT.L.

Drawdown Indicators

	WISE.L	PCFT.L	Difference
Max Drawdown Largest peak-to-trough decline	-74.14%	-40.17%	-33.97%
Max Drawdown (1Y) Largest decline over 1 year	-29.63%	-12.08%	-17.55%
Max Drawdown (3Y) Largest decline over 3 years	-35.68%	-14.81%	-20.87%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.05%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.17%	—
Current Drawdown Current decline from peak	-28.62%	-3.40%	-25.22%
Average Drawdown Average peak-to-trough decline	-32.01%	-7.93%	-24.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.16%	4.03%	+13.13%

Volatility

WISE.L vs. PCFT.L - Volatility Comparison

Wise plc (WISE.L) has a higher volatility of 13.94% compared to Polar Capital Global Financials Trust plc (PCFT.L) at 2.97%. This indicates that WISE.L's price experiences larger fluctuations and is considered to be riskier than PCFT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WISE.L	PCFT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.94%	2.97%	+10.97%
Volatility (6M) Calculated over the trailing 6-month period	27.47%	12.47%	+15.00%
Volatility (1Y) Calculated over the trailing 1-year period	34.02%	15.37%	+18.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.29%	17.58%	+23.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.29%	19.86%	+21.43%

Dividends

WISE.L vs. PCFT.L - Dividend Comparison

WISE.L has not paid dividends to shareholders, while PCFT.L's dividend yield for the trailing twelve months is around 4.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PCFT.L Polar Capital Global Financials Trust plc	4.03%	2.76%	2.40%	3.01%	2.88%	2.54%	3.10%	2.95%	3.31%	2.55%	2.71%	3.90%
WISE.L Wise plc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both WISE.L and PCFT.L in my portfolio?

WISE.L and PCFT.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.