WMVG.L vs. AIGP.L
WMVG.L (iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)) and AIGP.L (WisdomTree Precious Metals) are both exchange-traded funds - WMVG.L is a Global Equities fund tracking the MSCI World Minimum Volatility, while AIGP.L is a Precious Metals fund tracking the Bloomberg Precious Metals. Both are passively managed. Over the past 5 years, WMVG.L returned 6.05%/yr vs 18.11%/yr for AIGP.L. At a 0.06 correlation, their price movements are largely independent. WMVG.L charges 0.35%/yr vs 0.49%/yr for AIGP.L.
Performance
WMVG.L vs. AIGP.L - Performance Comparison
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Different Trading Currencies
WMVG.L is traded in GBP, while AIGP.L is traded in USD. To make them comparable, the AIGP.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with WMVG.L at 1.26% and AIGP.L at 1.26%.
WMVG.L
- 1D
- -0.37%
- 1M
- 1.52%
- YTD
- 1.26%
- 6M
- 2.42%
- 1Y
- 2.81%
- 3Y*
- 9.88%
- 5Y*
- 6.05%
- 10Y*
- —
AIGP.L
- 1D
- -0.39%
- 1M
- -7.59%
- YTD
- 1.26%
- 6M
- 7.85%
- 1Y
- 45.07%
- 3Y*
- 28.73%
- 5Y*
- 18.11%
- 10Y*
- 12.04%
WMVG.L vs. AIGP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) | 1.26% | 9.07% | 14.47% | 7.36% | -8.31% | 16.96% | -1.30% | 11.93% |
AIGP.L WisdomTree Precious Metals | 1.26% | 65.92% | 25.40% | 2.42% | 10.92% | -6.98% | 20.56% | 13.78% |
Correlation
The correlation between WMVG.L and AIGP.L is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2019 | 0.06 |
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Return for Risk
WMVG.L vs. AIGP.L — Risk / Return Rank
WMVG.L
AIGP.L
WMVG.L vs. AIGP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) and WisdomTree Precious Metals (AIGP.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.
| WMVG.L | AIGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.29 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 2.12 | -1.55 |
| Martin ratioReturn relative to average drawdown | 1.39 | 5.36 | -3.97 |
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
| WMVG.L | AIGP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 1.50 | -1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.92 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.46 | +0.10 |
Drawdowns
WMVG.L vs. AIGP.L - Drawdown Comparison
The maximum WMVG.L drawdown since its inception was -28.25%, smaller than the maximum AIGP.L drawdown of -51.56%. Use the drawdown chart below to compare losses from any high point for WMVG.L and AIGP.L.
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Drawdown Indicators
| WMVG.L | AIGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.25% | -51.56% | +23.31% |
Max Drawdown (1Y)Largest decline over 1 year | -4.93% | -21.16% | +16.23% |
Max Drawdown (3Y)Largest decline over 3 years | -9.07% | -21.16% | +12.09% |
Max Drawdown (5Y)Largest decline over 5 years | -15.18% | -21.16% | +5.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.05% | — |
Current DrawdownCurrent decline from peak | -3.25% | -21.16% | +17.91% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -20.51% | +16.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 8.38% | -6.36% |
Volatility
WMVG.L vs. AIGP.L - Volatility Comparison
The current volatility for iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) is 2.22%, while WisdomTree Precious Metals (AIGP.L) has a volatility of 7.32%. This indicates that WMVG.L experiences smaller price fluctuations and is considered to be less risky than AIGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMVG.L | AIGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.22% | 7.32% | -5.10% |
Volatility (6M)Calculated over the trailing 6-month period | 5.01% | 27.00% | -21.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.31% | 29.88% | -22.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.99% | 19.78% | -9.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.15% | 18.74% | -6.59% |
WMVG.L vs. AIGP.L - Expense Ratio Comparison
WMVG.L has a 0.35% expense ratio, which is lower than AIGP.L's 0.49% expense ratio.
Dividends
WMVG.L vs. AIGP.L - Dividend Comparison
Neither WMVG.L nor AIGP.L has paid dividends to shareholders.
Frequently Asked Questions
WMVG.L and AIGP.L have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WMVG.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WMVG.L is cheaper with a 0.35% expense ratio, compared with 0.49% for AIGP.L.
WMVG.L is categorized as Global Equities, while AIGP.L is Precious Metals. WMVG.L tracks MSCI World Minimum Volatility, while AIGP.L tracks Bloomberg Precious Metals. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.35% for WMVG.L and 0.49% for AIGP.L.
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