WTV vs. AAAU

Last updated Jun 13, 2026

WTV (WisdomTree US Value ETF) and AAAU (Goldman Sachs Physical Gold ETF) are both exchange-traded funds - WTV is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Value Index, while AAAU is a Gold fund tracking the LBMA Gold PM Price. Both are passively managed. Over the past 5 years, WTV returned 13.33%/yr vs 17.33%/yr for AAAU. At a 0.06 correlation, their price movements are largely independent. WTV charges 0.12%/yr vs 0.18%/yr for AAAU.

Performance

WTV vs. AAAU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree US Value ETF (WTV) and Goldman Sachs Physical Gold ETF (AAAU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTV achieves a 11.65% return, which is significantly higher than AAAU's -2.40% return.

WTV

• 1D: 0.82%
• 1M: 4.49%
• YTD: 11.65%
• 6M: 10.71%
• 1Y: 24.63%
• 3Y*: 21.39%
• 5Y*: 13.33%
• 10Y*: —

AAAU

• 1D: 0.12%
• 1M: -10.17%
• YTD: -2.40%
• 6M: -2.14%
• 1Y: 24.10%
• 3Y*: 29.19%
• 5Y*: 17.33%
• 10Y*: —

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

WTV vs. AAAU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WTV WisdomTree US Value ETF	11.65%	13.51%	23.99%	22.35%	-8.06%	30.59%	6.15%	29.69%	-12.13%
AAAU Goldman Sachs Physical Gold ETF	-2.40%	64.06%	26.91%	12.96%	-0.50%	-4.01%	25.02%	18.17%	8.28%

Correlation

The correlation between WTV and AAAU is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Aug 15, 2018	0.06

WTV vs. AAAU - Sectors Allocation Comparison

Sectors	WTV	AAAU
Financial Services	19.5%	-
Technology	15.3%	-
Consumer Cyclical	10.7%	-
Consumer Defensive	10.7%	-
Industrials	10.5%	-
Healthcare	7.3%	-
Communication Services	6.9%	-
Energy	6.8%	-
Real Estate	5.3%	100.0%
Utilities	4.8%	-
Basic Materials	2.2%	-

Return for Risk

WTV vs. AAAU — Risk / Return Rank

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

WTV

WTV Risk / Return Rank: 74
WTV Sharpe Ratio Rank: 75
WTV Sortino Ratio Rank: 79
WTV Omega Ratio Rank: 72
WTV Calmar Ratio Rank: 77
WTV Martin Ratio Rank: 70

AAAU

AAAU Risk / Return Rank: 26
AAAU Sharpe Ratio Rank: 28
AAAU Sortino Ratio Rank: 25
AAAU Omega Ratio Rank: 31
AAAU Calmar Ratio Rank: 24
AAAU Martin Ratio Rank: 24

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.

WTV vs. AAAU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US Value ETF (WTV) and Goldman Sachs Physical Gold ETF (AAAU). 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.

	WTV	AAAU	Difference
Sharpe ratio: Return per unit of total volatility	2.08	0.89	+1.18
Sortino ratio: Return per unit of downside risk	3.02	1.26	+1.76
Omega ratio: Gain probability vs. loss probability	1.37	1.19	+0.18
Calmar ratio: Return relative to maximum drawdown	3.46	0.99	+2.47
Martin ratio: Return relative to average drawdown	11.26	2.86	+8.40

WTV vs. AAAU - Sharpe Ratio Comparison

The current WTV Sharpe Ratio is 2.08, which is higher than the AAAU Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of WTV and AAAU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WTV vs. AAAU - Drawdown Comparison

The maximum WTV drawdown since its inception was -42.18%, which is greater than AAAU's maximum drawdown of -24.38%. Use the drawdown chart below to compare losses from any high point for WTV and AAAU.

Drawdown Indicators

	WTV	AAAU	Difference
Max Drawdown Largest peak-to-trough decline	-42.18%	-24.38%	-17.80%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-24.38%	+17.23%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-24.38%	+5.89%
Max Drawdown (5Y) Largest decline over 5 years	-19.30%	-24.38%	+5.08%
Current Drawdown Current decline from peak	0.00%	-21.95%	+21.95%
Average Drawdown Average peak-to-trough decline	-5.04%	-6.23%	+1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	8.44%	-6.25%

Volatility

WTV vs. AAAU - Volatility Comparison

The current volatility for WisdomTree US Value ETF (WTV) is 3.48%, while Goldman Sachs Physical Gold ETF (AAAU) has a volatility of 7.77%. This indicates that WTV experiences smaller price fluctuations and is considered to be less risky than AAAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTV	AAAU	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.48%	7.77%	-4.29%
Volatility (6M) Calculated over the trailing 6-month period	8.05%	23.88%	-15.83%
Volatility (1Y) Calculated over the trailing 1-year period	11.92%	27.10%	-15.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.11%	18.06%	-0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.18%	17.13%	+3.05%

WTV vs. AAAU - Expense Ratio Comparison

WTV has a 0.12% expense ratio, which is lower than AAAU's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

WTV vs. AAAU - Dividend Comparison

WTV's dividend yield for the trailing twelve months is around 1.63%, while AAAU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AAAU Goldman Sachs Physical Gold ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTV WisdomTree US Value ETF	1.63%	1.59%	1.54%	1.62%	2.08%	1.55%	1.63%	1.44%	1.94%	0.41%

Frequently Asked Questions

Can I hold both WTV and AAAU in my portfolio?

WTV and AAAU have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTV or AAAU?

AAAU has higher volatility (7.77%) compared to WTV (3.48%). In terms of maximum drawdown, WTV dropped -42.18% vs AAAU's -24.38%.

Which ETF is better, WTV or AAAU?

On 5-year performance, AAAU leads with 17.33% vs 13.33% for WTV. On fees, WTV is cheaper at 0.12% per year. On volatility, WTV has been the lower-risk option at 3.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTV or AAAU?

Over the 5-year period, AAAU has performed better with a 17.33% return vs 13.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTV or AAAU?

WTV is cheaper with a 0.12% expense ratio, compared with 0.18% for AAAU.

Which ETF pays a higher dividend yield, WTV or AAAU?

WTV has the higher dividend yield at 1.63%, compared with 0.00% for AAAU.

What is the main difference between WTV and AAAU?

WTV is categorized as Large Cap Value Equities, while AAAU is Gold. WTV tracks WisdomTree U.S. LargeCap Value Index, while AAAU tracks LBMA Gold PM Price. They also come from different issuers: WisdomTree and Goldman Sachs. Their fees differ too: 0.12% for WTV and 0.18% for AAAU.

Which has better risk-adjusted returns?

WTV currently has the higher Sharpe Ratio (2.08 vs 0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.