EUDF.DE vs. ^NDX

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) and NASDAQ 100 Index (^NDX).

EUDF.DE is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Europe Defence UCITS Index (NTR). It was launched on Mar 4, 2025.

Performance

EUDF.DE vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

EUDF.DE vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc	8.01%	18.55%
^NDX NASDAQ 100 Index	-4.49%	21.04%

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 8.01% return, which is significantly higher than ^NDX's -4.49% return.

EUDF.DE

• 1D: 2.78%
• 1M: -6.73%
• YTD: 8.01%
• 6M: -4.86%
• 1Y: 24.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

^NDX

• 1D: 2.53%
• 1M: -2.75%
• YTD: -4.49%
• 6M: -2.39%
• 1Y: 15.21%
• 3Y*: 19.09%
• 5Y*: 12.65%
• 10Y*: 17.84%

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

Return for Risk

EUDF.DE vs. ^NDX — Risk / Return Rank

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

EUDF.DE

EUDF.DE Risk / Return Rank: 43
EUDF.DE Sharpe Ratio Rank: 46
EUDF.DE Sortino Ratio Rank: 47
EUDF.DE Omega Ratio Rank: 40
EUDF.DE Calmar Ratio Rank: 47
EUDF.DE Martin Ratio Rank: 34

^NDX

^NDX Risk / Return Rank: 80
^NDX Sharpe Ratio Rank: 75
^NDX Sortino Ratio Rank: 82
^NDX Omega Ratio Rank: 80
^NDX Calmar Ratio Rank: 80
^NDX Martin Ratio Rank: 85

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.

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 ratio Return per unit of total volatility	0.82	0.61	+0.20
Sortino ratio Return per unit of downside risk	1.25	1.02	+0.23
Omega ratio Gain probability vs. loss probability	1.15	1.15	0.00
Calmar ratio Return relative to maximum drawdown	1.17	1.07	+0.11
Martin ratio Return relative to average drawdown	3.02	3.60	-0.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUDF.DE vs. ^NDX - Sharpe Ratio Comparison

The current EUDF.DE Sharpe Ratio is 0.82, which is higher than the ^NDX Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of EUDF.DE and ^NDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EUDF.DE	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	0.61	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.66	+0.21

Correlation

The correlation between EUDF.DE and ^NDX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

EUDF.DE vs. ^NDX - Drawdown Comparison

The maximum EUDF.DE drawdown since its inception was -18.51%, 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.

Drawdown Indicators

	EUDF.DE	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-18.51%	-82.90%	+64.39%
Max Drawdown (1Y) Largest decline over 1 year	-18.51%	-12.72%	-5.79%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.56%	—
Current Drawdown Current decline from peak	-9.44%	-9.11%	-0.33%
Average Drawdown Average peak-to-trough decline	-5.78%	-24.72%	+18.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.20%	3.45%	+3.75%

Volatility

EUDF.DE vs. ^NDX - Volatility Comparison

WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a higher volatility of 10.40% compared to NASDAQ 100 Index (^NDX) at 5.53%. 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.

Volatility by Period

	EUDF.DE	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.40%	5.53%	+4.87%
Volatility (6M) Calculated over the trailing 6-month period	20.11%	13.11%	+7.00%
Volatility (1Y) Calculated over the trailing 1-year period	29.96%	24.91%	+5.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.08%	22.26%	+7.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.08%	22.85%	+7.23%