EUDF.DE vs. BTC-USD

Last updated Jul 21, 2026

EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) is Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR), while BTC-USD (Bitcoin) is a cryptocurrency. Over the past year, EUDF.DE returned -4.15% vs -43.13% for BTC-USD. At a 0.15 correlation, their price movements are largely independent.

Performance

EUDF.DE vs. BTC-USD - 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 Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EUDF.DE is traded in EUR, while BTC-USD is traded in USD. To make them comparable, the BTC-USD 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 1.30% return, which is significantly higher than BTC-USD's -22.96% return.

EUDF.DE

• 1D: 0.00%
• 1M: -2.66%
• 6M: -15.07%
• YTD: 1.30%
• 1Y: -4.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.09%

BTC-USD

• 1D: 1.52%
• 1M: 3.67%
• 6M: -27.80%
• YTD: -22.96%
• 1Y: -43.13%
• 3Y*: 28.76%
• 5Y*: 16.07%
• 10Y*: 57.88%
• ALL TIME*: 90.41%

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

EUDF.DE vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc	1.30%	22.36%
BTC-USD Bitcoin	-22.96%	-0.01%

Correlation

The correlation between EUDF.DE and BTC-USD is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (All Time) Calculated using the full available price history since Mar 10, 2025	0.15

Return for Risk

EUDF.DE vs. BTC-USD — 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: 9
EUDF.DE Sharpe Ratio Rank: 9
EUDF.DE Sortino Ratio Rank: 9
EUDF.DE Omega Ratio Rank: 9
EUDF.DE Calmar Ratio Rank: 8
EUDF.DE Martin Ratio Rank: 8

BTC-USD

BTC-USD Risk / Return Rank: 40
BTC-USD Sharpe Ratio Rank: 17
BTC-USD Sortino Ratio Rank: 45
BTC-USD Omega Ratio Rank: 45
BTC-USD Calmar Ratio Rank: 61
BTC-USD Martin Ratio Rank: 30

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. BTC-USD - 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 Bitcoin (BTC-USD). 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.

	EUDF.DE	BTC-USD	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	-1.01	+0.87
Sortino ratio: Return per unit of downside risk	-0.00	-1.46	+1.45
Omega ratio: Gain probability vs. loss probability	1.00	0.84	+0.16
Calmar ratio: Return relative to maximum drawdown	-0.21	-0.83	+0.62
Martin ratio: Return relative to average drawdown	-0.43	-1.31	+0.87

EUDF.DE vs. BTC-USD - Sharpe Ratio Comparison

The current EUDF.DE Sharpe Ratio is -0.14, which is higher than the BTC-USD Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of EUDF.DE and BTC-USD, 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

EUDF.DE vs. BTC-USD - Drawdown Comparison

The maximum EUDF.DE drawdown since its inception was -19.51%, smaller than the maximum BTC-USD drawdown of -83.05%. Use the drawdown chart below to compare losses from any high point for EUDF.DE and BTC-USD.

Drawdown Indicators

	EUDF.DE	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-19.51%	-83.05%	+63.54%
Max Drawdown (1Y) Largest decline over 1 year	-19.51%	-51.88%	+32.37%
Max Drawdown (3Y) Largest decline over 3 years	—	-51.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-73.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-82.51%	—
Current Drawdown Current decline from peak	-15.07%	-46.10%	+31.03%
Average Drawdown Average peak-to-trough decline	-7.21%	-40.28%	+33.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.54%	28.15%	-18.61%

Volatility

EUDF.DE vs. BTC-USD - Volatility Comparison

WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) and Bitcoin (BTC-USD) have volatilities of 8.81% and 9.00%, 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

	EUDF.DE	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.81%	9.00%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	21.99%	34.83%	-12.84%
Volatility (1Y) Calculated over the trailing 1-year period	28.90%	35.37%	-6.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.45%	44.04%	-13.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.45%	55.49%	-25.04%

Frequently Asked Questions

Can I hold both EUDF.DE and BTC-USD in my portfolio?

EUDF.DE and BTC-USD have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.