ZINC.L vs. SOYB.L
ZINC.L (WisdomTree Zinc) and SOYB.L (WisdomTree Soybeans) are both exchange-traded funds - ZINC.L is a Metals fund tracking the Bloomberg Zinc, while SOYB.L is a Agricultural Commodities fund tracking the Bloomberg Soybeans. Both are passively managed. Over the past 10 years, ZINC.L returned 7.37%/yr vs 0.60%/yr for SOYB.L. At a 0.19 correlation, their price movements are largely independent. Both charge a 0.49% expense ratio.
Performance
ZINC.L vs. SOYB.L - Performance Comparison
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Returns By Period
In the year-to-date period, ZINC.L achieves a 15.82% return, which is significantly higher than SOYB.L's 4.56% return. Over the past 10 years, ZINC.L has outperformed SOYB.L with an annualized return of 7.37%, while SOYB.L has yielded a comparatively lower 0.60% annualized return.
ZINC.L
- 1D
- -0.57%
- 1M
- 6.40%
- YTD
- 15.82%
- 6M
- 17.29%
- 1Y
- 38.82%
- 3Y*
- 17.84%
- 5Y*
- 5.86%
- 10Y*
- 7.37%
SOYB.L
- 1D
- -3.37%
- 1M
- -7.15%
- YTD
- 4.56%
- 6M
- -1.94%
- 1Y
- 7.12%
- 3Y*
- -1.51%
- 5Y*
- -0.21%
- 10Y*
- 0.60%
ZINC.L vs. SOYB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZINC.L WisdomTree Zinc | 15.82% | 6.70% | 13.11% | -9.01% | -11.08% | 26.65% | 15.73% | -0.07% | -22.41% | 27.77% |
SOYB.L WisdomTree Soybeans | 4.56% | 6.31% | -22.14% | 0.92% | 27.00% | 7.10% | 31.50% | -2.64% | -11.79% | -10.13% |
Correlation
The correlation between ZINC.L and SOYB.L is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2006 | 0.19 |
The correlation between ZINC.L and SOYB.L shifts across timeframes, from 0.04 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ZINC.L vs. SOYB.L — Risk / Return Rank
ZINC.L
SOYB.L
ZINC.L vs. SOYB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Zinc (ZINC.L) and WisdomTree Soybeans (SOYB.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.
| ZINC.L | SOYB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +2.22 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.09 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 0.67 | +2.92 |
| Martin ratioReturn relative to average drawdown | 13.28 | 1.48 | +11.80 |
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
| ZINC.L | SOYB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 0.44 | +1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | -0.01 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.03 | +0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.24 | -0.27 |
Drawdowns
ZINC.L vs. SOYB.L - Drawdown Comparison
The maximum ZINC.L drawdown since its inception was -77.49%, which is greater than SOYB.L's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for ZINC.L and SOYB.L.
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Drawdown Indicators
| ZINC.L | SOYB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.49% | -50.99% | -26.50% |
Max Drawdown (1Y)Largest decline over 1 year | -10.74% | -10.53% | -0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -19.66% | -31.36% | +11.70% |
Max Drawdown (5Y)Largest decline over 5 years | -47.04% | -31.36% | -15.68% |
Max Drawdown (10Y)Largest decline over 10 years | -47.04% | -44.61% | -2.43% |
Current DrawdownCurrent decline from peak | -36.98% | -20.74% | -16.24% |
Average DrawdownAverage peak-to-trough decline | -56.38% | -21.92% | -34.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 4.80% | -1.90% |
Volatility
ZINC.L vs. SOYB.L - Volatility Comparison
The current volatility for WisdomTree Zinc (ZINC.L) is 4.90%, while WisdomTree Soybeans (SOYB.L) has a volatility of 7.04%. This indicates that ZINC.L experiences smaller price fluctuations and is considered to be less risky than SOYB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZINC.L | SOYB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | 7.04% | -2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 14.12% | 12.00% | +2.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.26% | 16.29% | +1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.18% | 19.94% | +5.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.98% | 18.72% | +5.26% |
ZINC.L vs. SOYB.L - Expense Ratio Comparison
Both ZINC.L and SOYB.L have an expense ratio of 0.49%.
Dividends
ZINC.L vs. SOYB.L - Dividend Comparison
Neither ZINC.L nor SOYB.L has paid dividends to shareholders.
Frequently Asked Questions
ZINC.L and SOYB.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ZINC.L and SOYB.L have the same expense ratio: 0.49% per year.
ZINC.L is categorized as Metals, while SOYB.L is Agricultural Commodities. ZINC.L tracks Bloomberg Zinc, while SOYB.L tracks Bloomberg Soybeans.
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