EUDF.DE vs. ^NDX
EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) is Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR), while ^NDX (NASDAQ 100 Index) is an index. Over the past year, EUDF.DE returned -5.22% vs 38.31% for ^NDX. At a 0.14 correlation, their price movements are largely independent.
Performance
EUDF.DE vs. ^NDX - Performance Comparison
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Different Trading Currencies
EUDF.DE is traded in EUR, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EUDF.DE achieves a 1.28% return, which is significantly lower than ^NDX's 22.53% return.
EUDF.DE
- 1D
- -1.17%
- 1M
- -3.08%
- YTD
- 1.28%
- 6M
- 5.13%
- 1Y
- -5.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
^NDX
- 1D
- -0.08%
- 1M
- 11.35%
- YTD
- 22.53%
- 6M
- 20.04%
- 1Y
- 38.31%
- 3Y*
- 24.69%
- 5Y*
- 18.40%
- 10Y*
- 20.84%
EUDF.DE vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 1.28% | 18.55% |
^NDX NASDAQ 100 Index | 22.53% | 21.04% |
Correlation
The correlation between EUDF.DE and ^NDX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.14 |
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Return for Risk
EUDF.DE vs. ^NDX — Risk / Return Rank
EUDF.DE
^NDX
EUDF.DE vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) and NASDAQ 100 Index (^NDX). 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.
| EUDF.DE | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.54 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.41 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 3.44 | -3.71 |
| Martin ratioReturn relative to average drawdown | -0.61 | 10.74 | -11.35 |
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
| EUDF.DE | ^NDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | 2.36 | -2.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.83 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.92 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.73 | -0.21 |
Drawdowns
EUDF.DE vs. ^NDX - Drawdown Comparison
The maximum EUDF.DE drawdown since its inception was -19.51%, smaller than the maximum ^NDX drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for EUDF.DE and ^NDX.
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Drawdown Indicators
| EUDF.DE | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.51% | -46.44% | +26.93% |
Max Drawdown (1Y)Largest decline over 1 year | -19.51% | -11.19% | -8.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.30% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.53% | — |
Current DrawdownCurrent decline from peak | -15.08% | -0.08% | -15.00% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -8.00% | +1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.61% | 3.58% | +5.03% |
Volatility
EUDF.DE vs. ^NDX - Volatility Comparison
WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a higher volatility of 10.29% compared to NASDAQ 100 Index (^NDX) at 3.78%. This indicates that EUDF.DE's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUDF.DE | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.29% | 3.78% | +6.51% |
Volatility (6M)Calculated over the trailing 6-month period | 22.51% | 11.58% | +10.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.17% | 16.34% | +12.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.93% | 22.25% | +8.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.93% | 22.84% | +8.09% |
Frequently Asked Questions
EUDF.DE and ^NDX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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