EUDF.DE vs. MP

Last updated Jun 5, 2026

EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) is Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR), while MP (MP Materials Corp.) is a stock. Over the past year, EUDF.DE returned -2.45% vs 121.31% for MP. At a 0.15 correlation, their price movements are largely independent.

Performance

EUDF.DE vs. MP - 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 MP Materials Corp. (MP). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EUDF.DE is traded in EUR, while MP is traded in USD. To make them comparable, the MP 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 2.51% return, which is significantly lower than MP's 16.08% return.

EUDF.DE

• 1D: 1.22%
• 1M: 0.48%
• YTD: 2.51%
• 6M: 3.58%
• 1Y: -2.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MP

• 1D: -2.82%
• 1M: -12.75%
• YTD: 16.08%
• 6M: -5.07%
• 1Y: 121.31%
• 3Y*: 34.91%
• 5Y*: 12.54%
• 10Y*: —

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

EUDF.DE vs. MP - Yearly Performance Comparison

	2026 (YTD)	2025
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc	2.51%	22.28%
MP MP Materials Corp.	16.08%	90.83%

Correlation

The correlation between EUDF.DE and MP 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 11, 2025	0.15

Return for Risk

EUDF.DE vs. MP — 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: 8
EUDF.DE Sharpe Ratio Rank: 8
EUDF.DE Sortino Ratio Rank: 8
EUDF.DE Omega Ratio Rank: 8
EUDF.DE Calmar Ratio Rank: 8
EUDF.DE Martin Ratio Rank: 7

MP

MP Risk / Return Rank: 78
MP Sharpe Ratio Rank: 79
MP Sortino Ratio Rank: 83
MP Omega Ratio Rank: 78
MP Calmar Ratio Rank: 78
MP Martin Ratio Rank: 72

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. MP - 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 MP Materials Corp. (MP). 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	MP	Difference
Sharpe ratio: Return per unit of total volatility	-0.12	1.30	-1.42
Sortino ratio: Return per unit of downside risk	0.04	2.41	-2.37
Omega ratio: Gain probability vs. loss probability	1.00	1.27	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.17	2.29	-2.47
Martin ratio: Return relative to average drawdown	-0.39	3.81	-4.19
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. MP - Sharpe Ratio Comparison

The current EUDF.DE Sharpe Ratio is -0.12, which is lower than the MP Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of EUDF.DE and MP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EUDF.DE	MP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.12	1.30	-1.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.47	+0.08

Drawdowns

EUDF.DE vs. MP - Drawdown Comparison

The maximum EUDF.DE drawdown since its inception was -19.51%, smaller than the maximum MP drawdown of -81.91%. Use the drawdown chart below to compare losses from any high point for EUDF.DE and MP.

Drawdown Indicators

	EUDF.DE	MP	Difference
Max Drawdown Largest peak-to-trough decline	-19.51%	-81.91%	+62.40%
Max Drawdown (1Y) Largest decline over 1 year	-19.51%	-53.19%	+33.68%
Max Drawdown (3Y) Largest decline over 3 years	—	-58.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-81.91%	—
Current Drawdown Current decline from peak	-14.05%	-41.25%	+27.20%
Average Drawdown Average peak-to-trough decline	-6.55%	-41.78%	+35.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.29%	31.99%	-23.70%

Volatility

EUDF.DE vs. MP - Volatility Comparison

The current volatility for WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) is 9.95%, while MP Materials Corp. (MP) has a volatility of 22.03%. This indicates that EUDF.DE experiences smaller price fluctuations and is considered to be less risky than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUDF.DE	MP	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.95%	22.03%	-12.08%
Volatility (6M) Calculated over the trailing 6-month period	22.54%	50.33%	-27.79%
Volatility (1Y) Calculated over the trailing 1-year period	29.15%	93.99%	-64.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.89%	68.72%	-37.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.89%	71.79%	-40.90%

Dividends

EUDF.DE vs. MP - Dividend Comparison

Neither EUDF.DE nor MP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EUDF.DE and MP in my portfolio?

EUDF.DE and MP 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.