EUDF.DE vs. RNMBF
EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) is Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR), while RNMBF (Rheinmetall AG) is a stock. Over the past year, EUDF.DE returned -5.22% vs -33.45% for RNMBF. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
EUDF.DE vs. RNMBF - Performance Comparison
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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 1.28% return, which is significantly higher than RNMBF's -21.66% return.
EUDF.DE
- 1D
- -1.17%
- 1M
- -3.08%
- YTD
- 1.28%
- 6M
- 5.13%
- 1Y
- -5.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RNMBF
- 1D
- 1.74%
- 1M
- -9.54%
- YTD
- -21.66%
- 6M
- -19.84%
- 1Y
- -33.45%
- 3Y*
- 73.70%
- 5Y*
- 75.12%
- 10Y*
- —
EUDF.DE vs. RNMBF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 1.28% | 18.55% |
RNMBF Rheinmetall AG | -21.66% | 32.77% |
Correlation
The correlation between EUDF.DE and RNMBF is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.66 |
The correlation between EUDF.DE and RNMBF has been stable across timeframes, ranging from 0.66 to 0.66 - a consistent structural relationship.
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Return for Risk
EUDF.DE vs. RNMBF — Risk / Return Rank
EUDF.DE
RNMBF
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 ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.91 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | -0.77 | +0.50 |
| Martin ratioReturn relative to average drawdown | -0.61 | -1.77 | +1.17 |
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 | RNMBF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | -0.71 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 1.32 | -0.80 |
Drawdowns
EUDF.DE vs. RNMBF - Drawdown Comparison
The maximum EUDF.DE drawdown since its inception was -19.51%, smaller than the maximum RNMBF drawdown of -43.70%. Use the drawdown chart below to compare losses from any high point for EUDF.DE and RNMBF.
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Drawdown Indicators
| EUDF.DE | RNMBF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.51% | -43.70% | +24.19% |
Max Drawdown (1Y)Largest decline over 1 year | -19.51% | -43.70% | +24.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -43.70% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.70% | — |
Current DrawdownCurrent decline from peak | -15.08% | -38.63% | +23.55% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -9.08% | +2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.61% | 18.90% | -10.29% |
Volatility
EUDF.DE vs. RNMBF - Volatility Comparison
The current volatility for WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) is 10.29%, while Rheinmetall AG (RNMBF) has a volatility of 18.11%. 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.
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Volatility by Period
| EUDF.DE | RNMBF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.29% | 18.11% | -7.82% |
Volatility (6M)Calculated over the trailing 6-month period | 22.51% | 36.78% | -14.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.17% | 47.39% | -18.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.93% | 49.81% | -18.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.93% | 48.91% | -17.98% |
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 0.96%.
| Position | 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 | 0.96% | 1.48% | 1.92% | 2.96% | 3.43% | 19.20% |
Frequently Asked Questions
EUDF.DE and RNMBF have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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