WXAG.L vs. ROLG.L
WXAG.L (WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF USD Acc) and ROLG.L (iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD) are both Commodities funds - WXAG.L tracks the Morgan Stanley RADAR ex Agriculture & Livestock Commodity while ROLG.L tracks the Bloomberg Roll Select Commodity. Both are passively managed. Over the past 3 years, WXAG.L returned 20.75%/yr vs 17.18%/yr for ROLG.L. A 0.68 correlation means they provide meaningful diversification when combined. WXAG.L charges 0.60%/yr vs 0.28%/yr for ROLG.L.
Performance
WXAG.L vs. ROLG.L - Performance Comparison
Loading charts...
Different Trading Currencies
WXAG.L is traded in USD, while ROLG.L is traded in GBP. To make them comparable, the ROLG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with WXAG.L having a 28.27% return and ROLG.L slightly lower at 27.44%.
WXAG.L
- 1D
- -1.03%
- 1M
- -3.04%
- YTD
- 28.27%
- 6M
- 35.13%
- 1Y
- 63.03%
- 3Y*
- 20.75%
- 5Y*
- —
- 10Y*
- —
ROLG.L
- 1D
- -1.60%
- 1M
- -2.74%
- YTD
- 27.44%
- 6M
- 28.45%
- 1Y
- 42.94%
- 3Y*
- 17.18%
- 5Y*
- 13.34%
- 10Y*
- —
WXAG.L vs. ROLG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WXAG.L WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF USD Acc | 28.27% | 32.53% | 2.91% | -8.03% | 19.40% | -6.94% |
ROLG.L iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD | 27.44% | 16.84% | 4.48% | -2.47% | 16.56% | -3.38% |
Correlation
The correlation between WXAG.L and ROLG.L is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2021 | 0.68 |
The correlation between WXAG.L and ROLG.L shifts across timeframes, from 0.68 (all time) to 0.79 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WXAG.L vs. ROLG.L — Risk / Return Rank
WXAG.L
ROLG.L
WXAG.L vs. ROLG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF USD Acc (WXAG.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.
| WXAG.L | ROLG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.46 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 5.23 | 6.36 | -1.13 |
| Martin ratioReturn relative to average drawdown | 18.93 | 18.09 | +0.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WXAG.L | ROLG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.86 | 2.65 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.61 | +0.08 |
Drawdowns
WXAG.L vs. ROLG.L - Drawdown Comparison
The maximum WXAG.L drawdown since its inception was -26.77%, smaller than the maximum ROLG.L drawdown of -30.44%. Use the drawdown chart below to compare losses from any high point for WXAG.L and ROLG.L.
Loading charts...
Drawdown Indicators
| WXAG.L | ROLG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.77% | -30.44% | +3.67% |
Max Drawdown (1Y)Largest decline over 1 year | -12.00% | -6.72% | -5.28% |
Max Drawdown (3Y)Largest decline over 3 years | -14.35% | -11.53% | -2.82% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.09% | — |
Current DrawdownCurrent decline from peak | -6.32% | -4.89% | -1.43% |
Average DrawdownAverage peak-to-trough decline | -16.07% | -8.95% | -7.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 2.37% | +0.95% |
Volatility
WXAG.L vs. ROLG.L - Volatility Comparison
The current volatility for WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF USD Acc (WXAG.L) is 5.15%, while iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD (ROLG.L) has a volatility of 6.06%. This indicates that WXAG.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.
Loading charts...
Volatility by Period
| WXAG.L | ROLG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | 6.06% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 19.27% | 13.97% | +5.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.92% | 16.15% | +5.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.54% | 18.07% | +4.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.54% | 17.35% | +5.19% |
WXAG.L vs. ROLG.L - Expense Ratio Comparison
WXAG.L has a 0.60% expense ratio, which is higher than ROLG.L's 0.28% expense ratio.
Dividends
WXAG.L vs. ROLG.L - Dividend Comparison
Neither WXAG.L nor ROLG.L has paid dividends to shareholders.
Frequently Asked Questions
WXAG.L and ROLG.L have a correlation of 0.79, 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 0.60% for WXAG.L.
WXAG.L tracks Morgan Stanley RADAR ex Agriculture & Livestock Commodity, while ROLG.L tracks Bloomberg Roll Select Commodity. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.60% for WXAG.L and 0.28% for ROLG.L.
Find the right allocation for WXAG.L and ROLG.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer