EUDF.DE vs. WTEH.DE
EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) and WTEH.DE (WisdomTree Enhanced Commodity 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 WTEH.DE is a Commodities fund tracking the Optimized Roll Commodity (EUR Hedged). Both are passively managed. Over the past year, EUDF.DE returned -3.37% vs 41.28% for WTEH.DE. At a correlation of -0.01, they often move in opposite directions. EUDF.DE charges 0.40%/yr vs 0.35%/yr for WTEH.DE.
Performance
EUDF.DE vs. WTEH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUDF.DE achieves a 2.51% return, which is significantly lower than WTEH.DE's 28.87% return.
EUDF.DE
- 1D
- 1.22%
- 1M
- -3.90%
- YTD
- 2.51%
- 6M
- 5.21%
- 1Y
- -3.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WTEH.DE
- 1D
- -1.21%
- 1M
- -3.19%
- YTD
- 28.87%
- 6M
- 31.61%
- 1Y
- 41.28%
- 3Y*
- 14.16%
- 5Y*
- 9.32%
- 10Y*
- —
EUDF.DE vs. WTEH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 2.51% | 18.55% |
WTEH.DE WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc | 28.87% | 9.30% |
Correlation
The correlation between EUDF.DE and WTEH.DE is -0.01, 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 | -0.01 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | -0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EUDF.DE vs. WTEH.DE — Risk / Return Rank
EUDF.DE
WTEH.DE
EUDF.DE vs. WTEH.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 UCITS ETF (EUR Hedged) Acc (WTEH.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 | WTEH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.61 | ||
| Sortino ratioReturn per unit of downside risk | -3.11 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.45 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 6.93 | -7.10 |
| Martin ratioReturn relative to average drawdown | -0.39 | 15.94 | -16.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EUDF.DE | WTEH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.12 | 2.50 | -2.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.86 | -0.30 |
Drawdowns
EUDF.DE vs. WTEH.DE - Drawdown Comparison
The maximum EUDF.DE drawdown since its inception was -19.51%, smaller than the maximum WTEH.DE drawdown of -28.22%. Use the drawdown chart below to compare losses from any high point for EUDF.DE and WTEH.DE.
Loading charts...
Drawdown Indicators
| EUDF.DE | WTEH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.51% | -28.22% | +8.71% |
Max Drawdown (1Y)Largest decline over 1 year | -19.51% | -5.93% | -13.58% |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.31% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.22% | — |
Current DrawdownCurrent decline from peak | -14.05% | -4.05% | -10.00% |
Average DrawdownAverage peak-to-trough decline | -6.55% | -14.64% | +8.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.29% | 2.58% | +5.71% |
Volatility
EUDF.DE vs. WTEH.DE - Volatility Comparison
WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a higher volatility of 9.95% compared to WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc (WTEH.DE) at 5.17%. This indicates that EUDF.DE's price experiences larger fluctuations and is considered to be riskier than WTEH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUDF.DE | WTEH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.95% | 5.17% | +4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 22.54% | 14.77% | +7.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.15% | 16.45% | +12.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.89% | 15.57% | +15.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.89% | 15.39% | +15.50% |
EUDF.DE vs. WTEH.DE - Expense Ratio Comparison
EUDF.DE has a 0.40% expense ratio, which is higher than WTEH.DE's 0.35% expense ratio.
Dividends
EUDF.DE vs. WTEH.DE - Dividend Comparison
Neither EUDF.DE nor WTEH.DE has paid dividends to shareholders.
Frequently Asked Questions
EUDF.DE and WTEH.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEH.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEH.DE is cheaper with a 0.35% expense ratio, compared with 0.40% for EUDF.DE.
EUDF.DE is categorized as Aerospace & Defense, while WTEH.DE is Commodities. EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR), while WTEH.DE tracks Optimized Roll Commodity (EUR Hedged). Their fees differ too: 0.40% for EUDF.DE and 0.35% for WTEH.DE.
Find the right allocation for EUDF.DE and WTEH.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer