EPS vs. PIT

Last updated Jun 23, 2026

EPS (WisdomTree U.S. LargeCap Fund) and PIT (VanEck Commodity Strategy ETF) are both exchange-traded funds - EPS is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Large Cap Index, while PIT is a Commodities fund actively managed by VanEck. EPS is passively managed, while PIT is actively managed. Over the past 3 years, EPS returned 21.17%/yr vs 19.51%/yr for PIT. At a 0.11 correlation, their price movements are largely independent. EPS charges 0.08%/yr vs 0.55%/yr for PIT.

Performance

EPS vs. PIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. LargeCap Fund (EPS) and VanEck Commodity Strategy ETF (PIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPS achieves a 10.30% return, which is significantly lower than PIT's 27.31% return.

EPS

• 1D: -0.29%
• 1M: 0.07%
• YTD: 10.30%
• 6M: 9.95%
• 1Y: 27.45%
• 3Y*: 21.17%
• 5Y*: 13.10%
• 10Y*: 15.10%

PIT

• 1D: -0.75%
• 1M: -10.60%
• YTD: 27.31%
• 6M: 26.74%
• 1Y: 38.33%
• 3Y*: 19.51%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EPS vs. PIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EPS WisdomTree U.S. LargeCap Fund	10.30%	17.40%	23.97%	22.81%	-0.66%
PIT VanEck Commodity Strategy ETF	27.31%	21.63%	6.77%	-4.54%	1.67%

Correlation

The correlation between EPS and PIT is -0.09, 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	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (All Time) Calculated using the full available price history since Dec 22, 2022	0.11

The correlation between EPS and PIT shifts across timeframes, from -0.09 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EPS vs. PIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EPS

EPS Risk / Return Rank: 74
EPS Sharpe Ratio Rank: 75
EPS Sortino Ratio Rank: 72
EPS Omega Ratio Rank: 74
EPS Calmar Ratio Rank: 68
EPS Martin Ratio Rank: 79

PIT

PIT Risk / Return Rank: 55
PIT Sharpe Ratio Rank: 54
PIT Sortino Ratio Rank: 48
PIT Omega Ratio Rank: 52
PIT Calmar Ratio Rank: 57
PIT Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EPS vs. PIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. LargeCap Fund (EPS) and VanEck Commodity Strategy ETF (PIT). 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.

	EPS	PIT	Difference
Sharpe ratio: Return per unit of total volatility	2.32	1.78	+0.54
Sortino ratio: Return per unit of downside risk	3.12	2.32	+0.81
Omega ratio: Gain probability vs. loss probability	1.42	1.32	+0.10
Calmar ratio: Return relative to maximum drawdown	3.29	2.74	+0.55
Martin ratio: Return relative to average drawdown	14.82	10.88	+3.94

EPS vs. PIT - Sharpe Ratio Comparison

The current EPS Sharpe Ratio is 2.32, which is higher than the PIT Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of EPS and PIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EPS vs. PIT - Drawdown Comparison

The maximum EPS drawdown since its inception was -54.43%, which is greater than PIT's maximum drawdown of -14.05%. Use the drawdown chart below to compare losses from any high point for EPS and PIT.

Drawdown Indicators

	EPS	PIT	Difference
Max Drawdown Largest peak-to-trough decline	-54.43%	-14.05%	-40.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.39%	-14.05%	+5.66%
Max Drawdown (3Y) Largest decline over 3 years	-17.65%	-14.05%	-3.60%
Max Drawdown (5Y) Largest decline over 5 years	-23.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.79%	—	—
Current Drawdown Current decline from peak	-1.80%	-14.05%	+12.25%
Average Drawdown Average peak-to-trough decline	-7.64%	-4.07%	-3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	3.59%	-1.73%

Volatility

EPS vs. PIT - Volatility Comparison

WisdomTree U.S. LargeCap Fund (EPS) and VanEck Commodity Strategy ETF (PIT) have volatilities of 4.53% and 4.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPS	PIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	4.67%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	9.58%	19.36%	-9.78%
Volatility (1Y) Calculated over the trailing 1-year period	11.92%	21.66%	-9.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	17.50%	-1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.70%	17.50%	+0.20%

EPS vs. PIT - Expense Ratio Comparison

EPS has a 0.08% expense ratio, which is lower than PIT's 0.55% expense ratio.

Dividends

EPS vs. PIT - Dividend Comparison

EPS's dividend yield for the trailing twelve months is around 1.15%, less than PIT's 7.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPS WisdomTree U.S. LargeCap Fund	1.15%	1.26%	1.47%	1.73%	1.95%	1.51%	1.85%	1.70%	2.02%	1.59%	1.99%	2.15%
PIT VanEck Commodity Strategy ETF	7.00%	8.92%	3.59%	6.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EPS and PIT in my portfolio?

EPS and PIT have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPS or PIT?

PIT has higher volatility (4.67%) compared to EPS (4.53%). In terms of maximum drawdown, EPS dropped -54.43% vs PIT's -14.05%.

Which ETF is better, EPS or PIT?

On 3-year performance, EPS leads with 21.17% vs 19.51% for PIT. On fees, EPS is cheaper at 0.08% per year. On volatility, EPS has been the lower-risk option at 4.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EPS or PIT?

Over the 3-year period, EPS has performed better with a 21.17% return vs 19.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EPS or PIT?

EPS is cheaper with a 0.08% expense ratio, compared with 0.55% for PIT.

Which ETF pays a higher dividend yield, EPS or PIT?

PIT has the higher dividend yield at 7.00%, compared with 1.15% for EPS.

What is the main difference between EPS and PIT?

EPS is categorized as Large Cap Growth Equities, while PIT is Commodities. They also come from different issuers: WisdomTree and VanEck. Their fees differ too: 0.08% for EPS and 0.55% for PIT.

Which has better risk-adjusted returns?

EPS currently has the higher Sharpe Ratio (2.32 vs 1.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.