EL45.DE vs. WTDX.DE
EL45.DE (Deka MSCI Japan Climate Change ESG CTB UCITS ETF) and WTDX.DE (WisdomTree Japan Equity UCITS ETF USD Hedged) are both Japan Equities funds - EL45.DE tracks the MSCI Japan Climate Change ESG Select CTB Index while WTDX.DE tracks the WisdomTree Japan Hedged Equity UCITS Index. Both are passively managed. Over the past 10 years, EL45.DE returned 383.57%/yr vs 18.14%/yr for WTDX.DE. A 0.61 correlation means they provide meaningful diversification when combined. EL45.DE charges 0.26%/yr vs 0.48%/yr for WTDX.DE.
Performance
EL45.DE vs. WTDX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL45.DE achieves a 15.53% return, which is significantly lower than WTDX.DE's 26.25% return. Over the past 10 years, EL45.DE has outperformed WTDX.DE with an annualized return of 383.57%, while WTDX.DE has yielded a comparatively lower 18.14% annualized return.
EL45.DE
- 1D
- -1.72%
- 1M
- -0.71%
- 6M
- 10.63%
- YTD
- 15.53%
- 1Y
- 31.86%
- 3Y*
- 14.27%
- 5Y*
- 7.46%
- 10Y*
- 383.57%
WTDX.DE
- 1D
- -0.37%
- 1M
- 3.84%
- 6M
- 17.92%
- YTD
- 26.25%
- 1Y
- 57.34%
- 3Y*
- 32.07%
- 5Y*
- 28.03%
- 10Y*
- 18.14%
EL45.DE vs. WTDX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL45.DE Deka MSCI Japan Climate Change ESG CTB UCITS ETF | 15.53% | 10.57% | 11.51% | 12.77% | -14.83% | 9.65% | 491,262.69% | 840.15% | 41.10% | 6,472.17% |
WTDX.DE WisdomTree Japan Equity UCITS ETF USD Hedged | 26.25% | 17.86% | 36.79% | 37.12% | 11.85% | 27.70% | -6.91% | 24.57% | -17.23% | 8.62% |
Correlation
The correlation between EL45.DE and WTDX.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since May 18, 2015 | 0.61 |
The correlation between EL45.DE and WTDX.DE shifts across timeframes, from 0.58 (10 years) to 0.77 (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
EL45.DE vs. WTDX.DE — Risk / Return Rank
EL45.DE
WTDX.DE
EL45.DE vs. WTDX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka MSCI Japan Climate Change ESG CTB UCITS ETF (EL45.DE) and WisdomTree Japan Equity UCITS ETF USD Hedged (WTDX.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.
| EL45.DE | WTDX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.51 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 7.05 | -4.18 |
| Martin ratioReturn relative to average drawdown | 9.57 | 23.54 | -13.97 |
Loading charts...
Drawdowns
EL45.DE vs. WTDX.DE - Drawdown Comparison
The maximum EL45.DE drawdown since its inception was -23.54%, smaller than the maximum WTDX.DE drawdown of -38.23%. Use the drawdown chart below to compare losses from any high point for EL45.DE and WTDX.DE.
Loading charts...
Drawdown Indicators
| EL45.DE | WTDX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.54% | -38.23% | +14.69% |
Max Drawdown (1Y)Largest decline over 1 year | -11.55% | -8.09% | -3.46% |
Max Drawdown (3Y)Largest decline over 3 years | -16.76% | -23.65% | +6.89% |
Max Drawdown (5Y)Largest decline over 5 years | -21.28% | -23.65% | +2.37% |
Max Drawdown (10Y)Largest decline over 10 years | -22.36% | -32.53% | +10.17% |
Current DrawdownCurrent decline from peak | -5.46% | -1.71% | -3.75% |
Average DrawdownAverage peak-to-trough decline | -5.86% | -9.16% | +3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 2.43% | +1.04% |
Volatility
EL45.DE vs. WTDX.DE - Volatility Comparison
Deka MSCI Japan Climate Change ESG CTB UCITS ETF (EL45.DE) has a higher volatility of 7.50% compared to WisdomTree Japan Equity UCITS ETF USD Hedged (WTDX.DE) at 5.75%. This indicates that EL45.DE's price experiences larger fluctuations and is considered to be riskier than WTDX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL45.DE | WTDX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.50% | 5.75% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 16.07% | 14.68% | +1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.84% | 19.79% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.83% | 19.43% | -2.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21,842.13% | 21.52% | +21,820.61% |
EL45.DE vs. WTDX.DE - Expense Ratio Comparison
EL45.DE has a 0.26% expense ratio, which is lower than WTDX.DE's 0.48% expense ratio.
Dividends
EL45.DE vs. WTDX.DE - Dividend Comparison
EL45.DE's dividend yield for the trailing twelve months is around 1.46%, more than WTDX.DE's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL45.DE Deka MSCI Japan Climate Change ESG CTB UCITS ETF | 1.46% | 1.77% | 1.49% | 1.64% | 1.95% | 2.07% | 165.19% | 81.94% | 42.51% | 159.77% | 62.28% | 103.93% |
WTDX.DE WisdomTree Japan Equity UCITS ETF USD Hedged | 0.80% | 1.68% | 1.52% | 1.97% | 2.28% | 1.52% | 2.10% | 2.01% | 2.17% | 1.14% | 1.90% | 0.06% |
Frequently Asked Questions
EL45.DE and WTDX.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL45.DE is cheaper at 0.26% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL45.DE is cheaper with a 0.26% expense ratio, compared with 0.48% for WTDX.DE.
EL45.DE tracks MSCI Japan Climate Change ESG Select CTB Index, while WTDX.DE tracks WisdomTree Japan Hedged Equity UCITS Index. They also come from different issuers: Deka and WisdomTree. Their fees differ too: 0.26% for EL45.DE and 0.48% for WTDX.DE.
Find the right allocation for EL45.DE and WTDX.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