WOSC.L vs. ROLG.L
WOSC.L (SPDR MSCI World Small Cap UCITS ETF) and ROLG.L (iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD) are both exchange-traded funds - WOSC.L is a Global Equities fund tracking the MSCI ACWI SMID NR USD, while ROLG.L is a Commodities fund tracking the Bloomberg Roll Select Commodity. Both are passively managed. Over the past 5 years, WOSC.L returned 8.00%/yr vs 12.84%/yr for ROLG.L. At a 0.24 correlation, their price movements are largely independent. WOSC.L charges 0.45%/yr vs 0.28%/yr for ROLG.L.
Performance
WOSC.L vs. ROLG.L - Performance Comparison
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Returns By Period
In the year-to-date period, WOSC.L achieves a 16.81% return, which is significantly lower than ROLG.L's 18.44% return.
WOSC.L
- 1D
- 0.19%
- 1M
- 3.06%
- YTD
- 16.81%
- 6M
- 16.33%
- 1Y
- 35.57%
- 3Y*
- 16.37%
- 5Y*
- 8.00%
- 10Y*
- 11.06%
ROLG.L
- 1D
- 0.40%
- 1M
- -8.45%
- YTD
- 18.44%
- 6M
- 17.16%
- 1Y
- 32.29%
- 3Y*
- 11.90%
- 5Y*
- 12.84%
- 10Y*
- —
WOSC.L vs. ROLG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WOSC.L SPDR MSCI World Small Cap UCITS ETF | 16.81% | 11.77% | 9.41% | 9.96% | -8.76% | 16.26% | 12.23% | 22.09% | -15.94% |
ROLG.L iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD | 18.44% | 8.66% | 6.32% | -7.36% | 30.51% | 29.23% | -2.41% | 1.84% | -30.50% |
Correlation
The correlation between WOSC.L and ROLG.L is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2018 | 0.24 |
The correlation between WOSC.L and ROLG.L shifts across timeframes, from -0.11 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WOSC.L vs. ROLG.L — Risk / Return Rank
WOSC.L
ROLG.L
WOSC.L vs. ROLG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Small Cap UCITS ETF (WOSC.L) and iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD (ROLG.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.
| WOSC.L | ROLG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.34 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.52 | 2.72 | +1.80 |
| Martin ratioReturn relative to average drawdown | 17.33 | 11.70 | +5.64 |
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Drawdowns
WOSC.L vs. ROLG.L - Drawdown Comparison
The maximum WOSC.L drawdown since its inception was -40.46%, roughly equal to the maximum ROLG.L drawdown of -40.64%. Use the drawdown chart below to compare losses from any high point for WOSC.L and ROLG.L.
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Drawdown Indicators
| WOSC.L | ROLG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.46% | -40.64% | +0.18% |
Max Drawdown (1Y)Largest decline over 1 year | -7.83% | -11.80% | +3.97% |
Max Drawdown (3Y)Largest decline over 3 years | -21.44% | -25.00% | +3.56% |
Max Drawdown (5Y)Largest decline over 5 years | -21.44% | -25.00% | +3.56% |
Max Drawdown (10Y)Largest decline over 10 years | -36.13% | — | — |
Current DrawdownCurrent decline from peak | -0.04% | -11.45% | +11.41% |
Average DrawdownAverage peak-to-trough decline | -11.94% | -18.42% | +6.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 2.75% | -0.70% |
Volatility
WOSC.L vs. ROLG.L - Volatility Comparison
The current volatility for SPDR MSCI World Small Cap UCITS ETF (WOSC.L) is 3.56%, while iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD (ROLG.L) has a volatility of 4.65%. This indicates that WOSC.L experiences smaller price fluctuations and is considered to be less risky than ROLG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WOSC.L | ROLG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.56% | 4.65% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 9.67% | 14.48% | -4.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.92% | 16.33% | -3.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.32% | 22.19% | -1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.74% | 21.68% | +1.06% |
WOSC.L vs. ROLG.L - Expense Ratio Comparison
WOSC.L has a 0.45% expense ratio, which is higher than ROLG.L's 0.28% expense ratio.
Dividends
WOSC.L vs. ROLG.L - Dividend Comparison
Neither WOSC.L nor ROLG.L has paid dividends to shareholders.
Frequently Asked Questions
WOSC.L and ROLG.L have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ROLG.L is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ROLG.L is cheaper with a 0.28% expense ratio, compared with 0.45% for WOSC.L.
WOSC.L is categorized as Global Equities, while ROLG.L is Commodities. WOSC.L tracks MSCI ACWI SMID NR USD, while ROLG.L tracks Bloomberg Roll Select Commodity. They also come from different issuers: State Street and iShares. Their fees differ too: 0.45% for WOSC.L and 0.28% for ROLG.L.
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