DFEP.L vs. WDEP.L
DFEP.L (WisdomTree Europe SmallCap Dividend UCITS ETF Acc) and WDEP.L (WisdomTree Europe Defence UCITS ETF EUR Accumulating) are both Europe Equities funds from WisdomTree - DFEP.L tracks the MSCI Europe Small Cap NR EUR while WDEP.L tracks the WisdomTree Europe Defence Index. Both are passively managed. Over the past year, DFEP.L returned 14.29% vs -0.69% for WDEP.L. At a 0.30 correlation, their price movements are largely independent. DFEP.L charges 0.38%/yr vs 0.45%/yr for WDEP.L.
Performance
DFEP.L vs. WDEP.L - Performance Comparison
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Returns By Period
In the year-to-date period, DFEP.L achieves a 5.52% return, which is significantly higher than WDEP.L's 1.13% return.
DFEP.L
- 1D
- 0.38%
- 1M
- 2.08%
- YTD
- 5.52%
- 6M
- 8.87%
- 1Y
- 14.29%
- 3Y*
- 11.59%
- 5Y*
- 5.60%
- 10Y*
- —
WDEP.L
- 1D
- 1.35%
- 1M
- -3.38%
- YTD
- 1.13%
- 6M
- 4.34%
- 1Y
- -0.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DFEP.L vs. WDEP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DFEP.L WisdomTree Europe SmallCap Dividend UCITS ETF Acc | 5.52% | 17.36% |
WDEP.L WisdomTree Europe Defence UCITS ETF EUR Accumulating | 1.13% | 20.67% |
Correlation
The correlation between DFEP.L and WDEP.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2025 | 0.30 |
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Return for Risk
DFEP.L vs. WDEP.L — Risk / Return Rank
DFEP.L
WDEP.L
DFEP.L vs. WDEP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe SmallCap Dividend UCITS ETF Acc (DFEP.L) and WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.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.
| DFEP.L | WDEP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.02 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | -0.04 | +1.41 |
| Martin ratioReturn relative to average drawdown | 4.81 | -0.08 | +4.89 |
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
| DFEP.L | WDEP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | -0.02 | +1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.59 | -0.13 |
Drawdowns
DFEP.L vs. WDEP.L - Drawdown Comparison
The maximum DFEP.L drawdown since its inception was -38.39%, which is greater than WDEP.L's maximum drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for DFEP.L and WDEP.L.
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Drawdown Indicators
| DFEP.L | WDEP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.39% | -19.56% | -18.83% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -19.56% | +9.22% |
Max Drawdown (3Y)Largest decline over 3 years | -16.89% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.38% | — | — |
Current DrawdownCurrent decline from peak | -2.06% | -14.70% | +12.64% |
Average DrawdownAverage peak-to-trough decline | -7.05% | -6.15% | -0.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 8.32% | -5.35% |
Volatility
DFEP.L vs. WDEP.L - Volatility Comparison
The current volatility for WisdomTree Europe SmallCap Dividend UCITS ETF Acc (DFEP.L) is 3.55%, while WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.L) has a volatility of 10.28%. This indicates that DFEP.L experiences smaller price fluctuations and is considered to be less risky than WDEP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFEP.L | WDEP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 10.28% | -6.73% |
Volatility (6M)Calculated over the trailing 6-month period | 10.26% | 22.06% | -11.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.50% | 28.59% | -16.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.62% | 30.09% | -13.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.23% | 30.09% | -13.86% |
DFEP.L vs. WDEP.L - Expense Ratio Comparison
DFEP.L has a 0.38% expense ratio, which is lower than WDEP.L's 0.45% expense ratio.
Dividends
DFEP.L vs. WDEP.L - Dividend Comparison
Neither DFEP.L nor WDEP.L has paid dividends to shareholders.
Frequently Asked Questions
DFEP.L and WDEP.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DFEP.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DFEP.L is cheaper with a 0.38% expense ratio, compared with 0.45% for WDEP.L.
DFEP.L tracks MSCI Europe Small Cap NR EUR, while WDEP.L tracks WisdomTree Europe Defence Index. Their fees differ too: 0.38% for DFEP.L and 0.45% for WDEP.L.
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