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WLDS.L vs. GGRP.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WLDS.L vs. GGRP.L

Last updated Jun 14, 2026

WLDS.L (iShares MSCI World Small Cap UCITS ETF) and GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) are both exchange-traded funds - WLDS.L is a Small Cap Blend Equities fund tracking the MSCI World Small Cap Inde, while GGRP.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth. Both are passively managed. Over the past 5 years, WLDS.L returned 8.13%/yr vs 8.98%/yr for GGRP.L. A 0.80 correlation means they provide meaningful diversification when combined. WLDS.L charges 0.35%/yr vs 0.38%/yr for GGRP.L.

Performance

WLDS.L vs. GGRP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI World Small Cap UCITS ETF (WLDS.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

WLDS.L is traded in GBP, while GGRP.L is traded in GBp. To make them comparable, the GGRP.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, WLDS.L achieves a 15.41% return, which is significantly higher than GGRP.L's 4.96% return.

WLDS.L

1D
2.23%
1M
3.04%
YTD
15.41%
6M
14.39%
1Y
34.08%
3Y*
14.50%
5Y*
8.13%
10Y*
—

GGRP.L

1D
1.23%
1M
1.31%
YTD
4.96%
6M
5.26%
1Y
17.19%
3Y*
10.37%
5Y*
8.98%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

WLDS.L vs. GGRP.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
WLDS.L
iShares MSCI World Small Cap UCITS ETF		15.41%11.75%8.63%11.26%-8.89%16.71%12.54%20.41%-31.05%
GGRP.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD		4.96%8.49%11.07%11.60%-3.21%20.97%11.56%28.30%3.79%

Correlation

The correlation between WLDS.L and GGRP.L is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.78

Correlation (3Y)
Calculated over the trailing 3-year period

0.74

Correlation (5Y)
Calculated over the trailing 5-year period

0.78

Correlation (All Time)
Calculated using the full available price history since Mar 27, 2018

0.80

The correlation between WLDS.L and GGRP.L has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

WLDS.L vs. GGRP.L - Sectors Allocation Comparison

Sectors
WLDS.L
GGRP.L

Industrials

19.7%
18.8%

Technology

16.0%
21.6%

Financial Services

13.2%
8.4%

Consumer Cyclical

10.6%
15.4%

Healthcare

10.0%
15.7%

Real Estate

8.0%
0.2%

Basic Materials

8.0%
3.7%

Energy

4.8%
0.0%

Consumer Defensive

3.8%
7.2%

Communication Services

3.2%
8.6%

Utilities

2.7%
0.4%

Industrials

WLDS.L
19.7%
GGRP.L
18.8%

Technology

WLDS.L
16.0%
GGRP.L
21.6%

Financial Services

WLDS.L
13.2%
GGRP.L
8.4%

Consumer Cyclical

WLDS.L
10.6%
GGRP.L
15.4%

Healthcare

WLDS.L
10.0%
GGRP.L
15.7%

Real Estate

WLDS.L
8.0%
GGRP.L
0.2%

Basic Materials

WLDS.L
8.0%
GGRP.L
3.7%

Energy

WLDS.L
4.8%
GGRP.L
0.0%

Consumer Defensive

WLDS.L
3.8%
GGRP.L
7.2%

Communication Services

WLDS.L
3.2%
GGRP.L
8.6%

Utilities

WLDS.L
2.7%
GGRP.L
0.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI World Small Cap UCITS ETF

WisdomTree Global Quality Dividend Growth UCITS ETF - USD

Often compared with WLDS.L:
WLDS.L vs. WOSC.LWLDS.L vs. AVSG.LWLDS.L vs. URTHWLDS.L vs. EQGB.LWLDS.L vs. EXUS.LWLDS.L vs. VUAA.LWLDS.L vs. XRSG.L
Often compared with GGRP.L:
GGRP.L vs. FGQD.LGGRP.L vs. GGRG.LGGRP.L vs. VHYG.LGGRP.L vs. HMWO.LGGRP.L vs. QWLDGGRP.L vs. SCHDGGRP.L vs. TDGB.L

Return for Risk

WLDS.L vs. GGRP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WLDS.L
WLDS.L Risk / Return Rank: 8787
Overall Rank
WLDS.L Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
WLDS.L Sortino Ratio Rank: 9090
Sortino Ratio Rank
WLDS.L Omega Ratio Rank: 8686
Omega Ratio Rank
WLDS.L Calmar Ratio Rank: 8686
Calmar Ratio Rank
WLDS.L Martin Ratio Rank: 8686
Martin Ratio Rank
GGRP.L
GGRP.L Risk / Return Rank: 5252
Overall Rank
GGRP.L Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
GGRP.L Sortino Ratio Rank: 5757
Sortino Ratio Rank
GGRP.L Omega Ratio Rank: 5555
Omega Ratio Rank
GGRP.L Calmar Ratio Rank: 4444
Calmar Ratio Rank
GGRP.L Martin Ratio Rank: 5050
Martin Ratio Rank
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.

WLDS.L vs. GGRP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Small Cap UCITS ETF (WLDS.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.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.

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.

WLDS.LGGRP.LDifference
Sharpe ratioReturn per unit of total volatility
2.58
1.61

+0.97

Sortino ratioReturn per unit of downside risk
3.66
2.40

+1.26

Omega ratioGain probability vs. loss probability

1.46

1.30

+0.16

Calmar ratioReturn relative to maximum drawdown

4.23

1.92

+2.31

Martin ratioReturn relative to average drawdown

15.95

7.40

+8.54

WLDS.L vs. GGRP.L - Sharpe Ratio Comparison

The current WLDS.L Sharpe Ratio is 2.58, which is higher than the GGRP.L Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of WLDS.L and GGRP.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.

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Drawdowns

WLDS.L vs. GGRP.L - Drawdown Comparison

The maximum WLDS.L drawdown since its inception was -43.18%, which is greater than GGRP.L's maximum drawdown of -22.60%. Use the drawdown chart below to compare losses from any high point for WLDS.L and GGRP.L.

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Drawdown Indicators

WLDS.LGGRP.LDifference

Max Drawdown

Largest peak-to-trough decline

-43.18%

-22.60%

-20.58%

Max Drawdown (1Y)

Largest decline over 1 year

-7.86%

-8.59%

+0.73%

Max Drawdown (3Y)

Largest decline over 3 years

-21.53%

-16.25%

-5.28%

Max Drawdown (5Y)

Largest decline over 5 years

-21.53%

-16.25%

-5.28%

Current Drawdown

Current decline from peak

0.00%

-0.26%

+0.26%

Average Drawdown

Average peak-to-trough decline

-12.28%

-3.89%

-8.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.09%

2.23%

-0.14%

Volatility

WLDS.L vs. GGRP.L - Volatility Comparison

iShares MSCI World Small Cap UCITS ETF (WLDS.L) has a higher volatility of 4.13% compared to WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) at 3.02%. This indicates that WLDS.L's price experiences larger fluctuations and is considered to be riskier than GGRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

WLDS.LGGRP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.13%

3.02%

+1.11%

Volatility (6M)

Calculated over the trailing 6-month period

9.74%

8.19%

+1.55%

Volatility (1Y)

Calculated over the trailing 1-year period

12.93%

10.26%

+2.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.30%

12.02%

+8.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.45%

14.88%

+7.57%

WLDS.L vs. GGRP.L - Expense Ratio Comparison

WLDS.L has a 0.35% expense ratio, which is lower than GGRP.L's 0.38% expense ratio.

Dividends

WLDS.L vs. GGRP.L - Dividend Comparison

WLDS.L has not paid dividends to shareholders, while GGRP.L's dividend yield for the trailing twelve months is around 1.13%.

PositionTTM202520242023202220212020201920182017
GGRP.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD		1.13%1.23%1.61%1.84%2.42%1.60%0.84%0.78%2.14%1.42%
WLDS.L
iShares MSCI World Small Cap UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

WLDS.L and GGRP.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, WLDS.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

WLDS.L is cheaper with a 0.35% expense ratio, compared with 0.38% for GGRP.L.

WLDS.L is categorized as Small Cap Blend Equities, while GGRP.L is Global Equities. WLDS.L tracks MSCI World Small Cap Inde, while GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.35% for WLDS.L and 0.38% for GGRP.L.

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