CZX.DE vs. WTEE.DE
CZX.DE (Expat Czech PX UCITS ETF) and WTEE.DE (WisdomTree Europe Equity Income UCITS ETF) are both Europe Equities funds - CZX.DE tracks the PX Index while WTEE.DE tracks the WisdomTree Europe Equity Income. Both are passively managed. Over the past 5 years, CZX.DE returned 17.84%/yr vs 13.32%/yr for WTEE.DE. At a 0.36 correlation, their price movements are largely independent. CZX.DE charges 1.38%/yr vs 0.29%/yr for WTEE.DE.
Performance
CZX.DE vs. WTEE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CZX.DE achieves a -1.27% return, which is significantly lower than WTEE.DE's 17.40% return.
CZX.DE
- 1D
- -0.43%
- 1M
- -0.43%
- 6M
- -3.31%
- YTD
- -1.27%
- 1Y
- 23.81%
- 3Y*
- 26.35%
- 5Y*
- 17.84%
- 10Y*
- —
WTEE.DE
- 1D
- 0.56%
- 1M
- 1.67%
- 6M
- 14.19%
- YTD
- 17.40%
- 1Y
- 29.68%
- 3Y*
- 18.25%
- 5Y*
- 13.32%
- 10Y*
- 8.85%
CZX.DE vs. WTEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CZX.DE Expat Czech PX UCITS ETF | -1.27% | 59.06% | 25.21% | 15.53% | -14.17% | 36.32% | -8.82% | 15.70% | -18.19% |
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 17.40% | 28.57% | 2.22% | 15.07% | -0.07% | 18.86% | -18.42% | 21.73% | -5.23% |
Correlation
The correlation between CZX.DE and WTEE.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2018 | 0.36 |
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
CZX.DE vs. WTEE.DE — Risk / Return Rank
CZX.DE
WTEE.DE
CZX.DE vs. WTEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expat Czech PX UCITS ETF (CZX.DE) and WisdomTree Europe Equity Income UCITS ETF (WTEE.DE). 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.
| CZX.DE | WTEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.47 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 4.38 | -2.49 |
| Martin ratioReturn relative to average drawdown | 4.84 | 16.27 | -11.43 |
Loading charts...
Drawdowns
CZX.DE vs. WTEE.DE - Drawdown Comparison
The maximum CZX.DE drawdown since its inception was -41.92%, which is greater than WTEE.DE's maximum drawdown of -39.64%. Use the drawdown chart below to compare losses from any high point for CZX.DE and WTEE.DE.
Loading charts...
Drawdown Indicators
| CZX.DE | WTEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.92% | -39.64% | -2.28% |
Max Drawdown (1Y)Largest decline over 1 year | -12.60% | -6.75% | -5.85% |
Max Drawdown (3Y)Largest decline over 3 years | -12.60% | -14.11% | +1.51% |
Max Drawdown (5Y)Largest decline over 5 years | -25.87% | -16.50% | -9.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.64% | — |
Current DrawdownCurrent decline from peak | -4.88% | 0.00% | -4.88% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -7.00% | -1.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | 1.82% | +3.09% |
Volatility
CZX.DE vs. WTEE.DE - Volatility Comparison
Expat Czech PX UCITS ETF (CZX.DE) has a higher volatility of 4.26% compared to WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) at 2.88%. This indicates that CZX.DE's price experiences larger fluctuations and is considered to be riskier than WTEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CZX.DE | WTEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.26% | 2.88% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 14.09% | 9.15% | +4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.56% | 11.24% | +6.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 13.81% | +3.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.39% | 15.59% | +2.80% |
CZX.DE vs. WTEE.DE - Expense Ratio Comparison
CZX.DE has a 1.38% expense ratio, which is higher than WTEE.DE's 0.29% expense ratio.
Dividends
CZX.DE vs. WTEE.DE - Dividend Comparison
CZX.DE has not paid dividends to shareholders, while WTEE.DE's dividend yield for the trailing twelve months is around 5.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CZX.DE Expat Czech PX UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 5.09% | 5.36% | 6.80% | 5.61% | 5.35% | 4.63% | 3.98% | 4.51% | 4.80% | 4.03% | 1.35% | 4.53% |
Frequently Asked Questions
CZX.DE and WTEE.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEE.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEE.DE is cheaper with a 0.29% expense ratio, compared with 1.38% for CZX.DE.
CZX.DE tracks PX Index, while WTEE.DE tracks WisdomTree Europe Equity Income. They also come from different issuers: Expat and WisdomTree. Their fees differ too: 1.38% for CZX.DE and 0.29% for WTEE.DE.
Find the right allocation for CZX.DE and WTEE.DE
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