EUDF.DE vs. RNMBF

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) and Rheinmetall AG (RNMBF).

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. RNMBF - 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 Rheinmetall AG (RNMBF). The values are adjusted to include any dividend payments, if applicable.

EUDF.DE vs. RNMBF - Yearly Performance Comparison

	2026 (YTD)	2025
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc	8.01%	18.55%
RNMBF Rheinmetall AG	-6.41%	32.77%

Different Trading Currencies

EUDF.DE is traded in EUR, while RNMBF is traded in USD. To make them comparable, the RNMBF 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 RNMBF's -6.41% return.

EUDF.DE

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

RNMBF

• 1D: 4.65%
• 1M: -14.15%
• YTD: -6.41%
• 6M: -25.81%
• 1Y: 12.35%
• 3Y*: 77.87%
• 5Y*: 87.85%
• 10Y*: —

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

Return for Risk

EUDF.DE vs. RNMBF — 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

RNMBF

RNMBF Risk / Return Rank: 55
RNMBF Sharpe Ratio Rank: 56
RNMBF Sortino Ratio Rank: 53
RNMBF Omega Ratio Rank: 51
RNMBF Calmar Ratio Rank: 57
RNMBF Martin Ratio Rank: 57

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. RNMBF - 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 Rheinmetall AG (RNMBF). 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	RNMBF	Difference
Sharpe ratio Return per unit of total volatility	0.82	0.25	+0.57
Sortino ratio Return per unit of downside risk	1.25	0.69	+0.56
Omega ratio Gain probability vs. loss probability	1.15	1.08	+0.07
Calmar ratio Return relative to maximum drawdown	1.17	0.43	+0.74
Martin ratio Return relative to average drawdown	3.02	0.96	+2.06
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. RNMBF - Sharpe Ratio Comparison

The current EUDF.DE Sharpe Ratio is 0.82, which is higher than the RNMBF Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of EUDF.DE and RNMBF, 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	RNMBF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	0.25	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	1.49	-0.61

Correlation

The correlation between EUDF.DE and RNMBF is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EUDF.DE vs. RNMBF - Dividend Comparison

EUDF.DE has not paid dividends to shareholders, while RNMBF's dividend yield for the trailing twelve months is around 1.61%.

	TTM	2025	2024	2023	2022	2021
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RNMBF Rheinmetall AG	1.61%	1.48%	1.92%	2.96%	3.43%	19.20%

Drawdowns

EUDF.DE vs. RNMBF - Drawdown Comparison

The maximum EUDF.DE drawdown since its inception was -18.51%, smaller than the maximum RNMBF drawdown of -36.45%. Use the drawdown chart below to compare losses from any high point for EUDF.DE and RNMBF.

Drawdown Indicators

	EUDF.DE	RNMBF	Difference
Max Drawdown Largest peak-to-trough decline	-18.51%	-36.24%	+17.73%
Max Drawdown (1Y) Largest decline over 1 year	-18.51%	-31.51%	+13.00%
Max Drawdown (5Y) Largest decline over 5 years	—	-36.24%	—
Current Drawdown Current decline from peak	-9.44%	-27.70%	+18.26%
Average Drawdown Average peak-to-trough decline	-5.78%	-7.99%	+2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.20%	13.44%	-6.24%

Volatility

EUDF.DE vs. RNMBF - Volatility Comparison

The current volatility for WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) is 10.40%, while Rheinmetall AG (RNMBF) has a volatility of 15.04%. This indicates that EUDF.DE experiences smaller price fluctuations and is considered to be less risky than RNMBF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUDF.DE	RNMBF	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.40%	15.04%	-4.64%
Volatility (6M) Calculated over the trailing 6-month period	20.11%	33.72%	-13.61%
Volatility (1Y) Calculated over the trailing 1-year period	29.96%	49.44%	-19.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.08%	49.36%	-19.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.08%	48.71%	-18.63%