WQDV.L vs. GGRG.L
Compare and contrast key facts about iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L).
WQDV.L and GGRG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WQDV.L is a passively managed fund by iShares that tracks the performance of the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. It was launched on Jun 12, 2017. GGRG.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global Developed Quality Dividend Growth. It was launched on Jun 3, 2016. Both WQDV.L and GGRG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WQDV.L or GGRG.L.
Key characteristics
| WQDV.L | GGRG.L | |
|---|---|---|
| YTD Return | 12.72% | 9.42% |
| 1Y Return | 24.21% | 17.12% |
| 3Y Return (Ann) | 8.05% | 6.63% |
| 5Y Return (Ann) | 7.98% | 10.55% |
| Sharpe Ratio | 2.28 | 2.09 |
| Sortino Ratio | 3.34 | 3.00 |
| Omega Ratio | 1.41 | 1.38 |
| Calmar Ratio | 3.52 | 4.04 |
| Martin Ratio | 14.59 | 13.67 |
| Ulcer Index | 1.69% | 1.28% |
| Daily Std Dev | 10.80% | 8.32% |
| Max Drawdown | -33.13% | -22.15% |
| Current Drawdown | -4.10% | -2.26% |
Correlation
The correlation between WQDV.L and GGRG.L is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WQDV.L vs. GGRG.L - Performance Comparison
In the year-to-date period, WQDV.L achieves a 12.72% return, which is significantly higher than GGRG.L's 9.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WQDV.L vs. GGRG.L - Expense Ratio Comparison
Both WQDV.L and GGRG.L have an expense ratio of 0.38%.
Risk-Adjusted Performance
WQDV.L vs. GGRG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.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.
Dividends
WQDV.L vs. GGRG.L - Dividend Comparison
WQDV.L's dividend yield for the trailing twelve months is around 2.52%, while GGRG.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
WQDV.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 2.52% | 2.78% | 2.95% | 2.75% | 2.81% | 3.01% | 3.28% | 0.77% |
GGRG.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WQDV.L vs. GGRG.L - Drawdown Comparison
The maximum WQDV.L drawdown since its inception was -33.13%, which is greater than GGRG.L's maximum drawdown of -22.15%. Use the drawdown chart below to compare losses from any high point for WQDV.L and GGRG.L. For additional features, visit the drawdowns tool.
Volatility
WQDV.L vs. GGRG.L - Volatility Comparison
iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) has a higher volatility of 2.51% compared to WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) at 2.11%. This indicates that WQDV.L's price experiences larger fluctuations and is considered to be riskier than GGRG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.