EUDF.DE vs. EXAG.DE
EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) and EXAG.DE (WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - EUDF.DE is a Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR), while EXAG.DE is a Commodities fund tracking the Morgan Stanley RADAR ex Agriculture & Livestock Commodity (EUR Hedged). Both are passively managed. Over the past year, EUDF.DE returned -5.22% vs 59.68% for EXAG.DE. At a 0.08 correlation, their price movements are largely independent. EUDF.DE charges 0.40%/yr vs 0.60%/yr for EXAG.DE.
Performance
EUDF.DE vs. EXAG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUDF.DE achieves a 1.28% return, which is significantly lower than EXAG.DE's 24.69% return.
EUDF.DE
- 1D
- -1.17%
- 1M
- -3.08%
- YTD
- 1.28%
- 6M
- 5.13%
- 1Y
- -5.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EXAG.DE
- 1D
- -0.49%
- 1M
- -2.05%
- YTD
- 24.69%
- 6M
- 34.58%
- 1Y
- 59.68%
- 3Y*
- 18.97%
- 5Y*
- —
- 10Y*
- —
EUDF.DE vs. EXAG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 1.28% | 18.55% |
EXAG.DE WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc | 24.69% | 29.05% |
Correlation
The correlation between EUDF.DE and EXAG.DE is 0.07, 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 | 0.07 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.08 |
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Return for Risk
EUDF.DE vs. EXAG.DE — Risk / Return Rank
EUDF.DE
EXAG.DE
EUDF.DE vs. EXAG.DE - 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 WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc (EXAG.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.
| EUDF.DE | EXAG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.88 | ||
| Sortino ratioReturn per unit of downside risk | -3.25 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.45 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 4.97 | -5.24 |
| Martin ratioReturn relative to average drawdown | -0.61 | 17.27 | -17.87 |
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 | EXAG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | 2.71 | -2.88 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.54 | -0.02 |
Drawdowns
EUDF.DE vs. EXAG.DE - Drawdown Comparison
The maximum EUDF.DE drawdown since its inception was -19.51%, smaller than the maximum EXAG.DE drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for EUDF.DE and EXAG.DE.
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Drawdown Indicators
| EUDF.DE | EXAG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.51% | -35.04% | +15.53% |
Max Drawdown (1Y)Largest decline over 1 year | -19.51% | -11.94% | -7.57% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.69% | — |
Current DrawdownCurrent decline from peak | -15.08% | -5.53% | -9.55% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -21.26% | +14.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.61% | 3.45% | +5.16% |
Volatility
EUDF.DE vs. EXAG.DE - Volatility Comparison
WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a higher volatility of 10.29% compared to WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc (EXAG.DE) at 4.98%. This indicates that EUDF.DE's price experiences larger fluctuations and is considered to be riskier than EXAG.DE 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 | EXAG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.29% | 4.98% | +5.31% |
Volatility (6M)Calculated over the trailing 6-month period | 22.51% | 19.09% | +3.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.17% | 22.00% | +7.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.93% | 20.80% | +10.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.93% | 20.80% | +10.13% |
EUDF.DE vs. EXAG.DE - Expense Ratio Comparison
EUDF.DE has a 0.40% expense ratio, which is lower than EXAG.DE's 0.60% expense ratio.
Dividends
EUDF.DE vs. EXAG.DE - Dividend Comparison
Neither EUDF.DE nor EXAG.DE has paid dividends to shareholders.
Frequently Asked Questions
EUDF.DE and EXAG.DE have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUDF.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUDF.DE is cheaper with a 0.40% expense ratio, compared with 0.60% for EXAG.DE.
EUDF.DE is categorized as Aerospace & Defense, while EXAG.DE is Commodities. EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR), while EXAG.DE tracks Morgan Stanley RADAR ex Agriculture & Livestock Commodity (EUR Hedged). Their fees differ too: 0.40% for EUDF.DE and 0.60% for EXAG.DE.
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