EUDG vs. EPOL

Last updated Jul 15, 2026

EUDG (WisdomTree Europe Quality Dividend Growth Fund) and EPOL (iShares MSCI Poland ETF) are both Europe Equities funds - EUDG tracks the WisdomTree Europe Quality Dividend Growth Index while EPOL tracks the MSCI Poland Investable Market Index. Both are passively managed. Over the past 10 years, EUDG returned 8.51%/yr vs 12.16%/yr for EPOL. A 0.63 correlation means they provide meaningful diversification when combined. EUDG charges 0.58%/yr vs 0.61%/yr for EPOL.

Performance

EUDG vs. EPOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Europe Quality Dividend Growth Fund (EUDG) and iShares MSCI Poland ETF (EPOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUDG achieves a 4.69% return, which is significantly lower than EPOL's 16.75% return. Over the past 10 years, EUDG has underperformed EPOL with an annualized return of 8.51%, while EPOL has yielded a comparatively higher 12.16% annualized return.

EUDG

• 1D: 0.03%
• 1M: 0.13%
• 6M: 1.92%
• YTD: 4.69%
• 1Y: 13.79%
• 3Y*: 9.85%
• 5Y*: 5.26%
• 10Y*: 8.51%

EPOL

• 1D: 1.54%
• 1M: 0.32%
• 6M: 13.83%
• YTD: 16.75%
• 1Y: 32.13%
• 3Y*: 32.16%
• 5Y*: 17.70%
• 10Y*: 12.16%

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

EUDG vs. EPOL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EUDG WisdomTree Europe Quality Dividend Growth Fund	4.69%	28.94%	-4.30%	19.36%	-18.24%	16.87%	11.29%	28.52%	-15.19%	29.66%
EPOL iShares MSCI Poland ETF	16.75%	77.34%	-2.61%	50.70%	-24.62%	12.21%	-8.38%	-6.13%	-13.76%	52.43%

Correlation

The correlation between EUDG and EPOL is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since May 7, 2014	0.63

The correlation between EUDG and EPOL has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.

EUDG vs. EPOL - Sectors Allocation Comparison

Sectors	EUDG	EPOL
Industrials	18.8%	1.7%
Healthcare	17.6%	0.6%
Financial Services	15.0%	44.6%
Consumer Cyclical	11.8%	13.1%
Consumer Defensive	11.7%	5.8%
Communication Services	4.2%	5.7%
Energy	3.9%	14.5%
Basic Materials	3.3%	7.3%
Technology	2.9%	2.0%
Utilities	1.6%	4.8%
Real Estate	0.1%	-

Return for Risk

EUDG vs. EPOL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EUDG

EUDG Risk / Return Rank: 30
EUDG Sharpe Ratio Rank: 30
EUDG Sortino Ratio Rank: 31
EUDG Omega Ratio Rank: 28
EUDG Calmar Ratio Rank: 28
EUDG Martin Ratio Rank: 31

EPOL

EPOL Risk / Return Rank: 55
EPOL Sharpe Ratio Rank: 50
EPOL Sortino Ratio Rank: 50
EPOL Omega Ratio Rank: 44
EPOL Calmar Ratio Rank: 72
EPOL 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.

EUDG vs. EPOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Quality Dividend Growth Fund (EUDG) and iShares MSCI Poland ETF (EPOL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EUDG	EPOL	Difference
Sharpe ratio: Return per unit of total volatility	0.89	1.39	-0.49
Sortino ratio: Return per unit of downside risk	1.39	2.01	-0.63
Omega ratio: Gain probability vs. loss probability	1.16	1.23	-0.07
Calmar ratio: Return relative to maximum drawdown	1.14	2.92	-1.79
Martin ratio: Return relative to average drawdown	3.65	7.78	-4.13

EUDG vs. EPOL - Sharpe Ratio Comparison

The current EUDG Sharpe Ratio is 0.89, which is lower than the EPOL Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of EUDG and EPOL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EUDG vs. EPOL - Drawdown Comparison

The maximum EUDG drawdown since its inception was -33.76%, smaller than the maximum EPOL drawdown of -63.72%. Use the drawdown chart below to compare losses from any high point for EUDG and EPOL.

Drawdown Indicators

	EUDG	EPOL	Difference
Max Drawdown Largest peak-to-trough decline	-33.76%	-63.72%	+29.96%
Max Drawdown (1Y) Largest decline over 1 year	-12.20%	-11.04%	-1.16%
Max Drawdown (3Y) Largest decline over 3 years	-13.73%	-21.81%	+8.08%
Max Drawdown (5Y) Largest decline over 5 years	-33.30%	-54.21%	+20.91%
Max Drawdown (10Y) Largest decline over 10 years	-33.76%	-61.41%	+27.65%
Current Drawdown Current decline from peak	-2.48%	0.00%	-2.48%
Average Drawdown Average peak-to-trough decline	-7.68%	-26.73%	+19.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.79%	4.14%	-0.35%

Volatility

EUDG vs. EPOL - Volatility Comparison

The current volatility for WisdomTree Europe Quality Dividend Growth Fund (EUDG) is 3.65%, while iShares MSCI Poland ETF (EPOL) has a volatility of 6.05%. This indicates that EUDG experiences smaller price fluctuations and is considered to be less risky than EPOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUDG	EPOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	6.05%	-2.40%
Volatility (6M) Calculated over the trailing 6-month period	13.10%	18.43%	-5.33%
Volatility (1Y) Calculated over the trailing 1-year period	15.51%	23.27%	-7.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.77%	29.14%	-12.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.32%	27.42%	-10.10%

EUDG vs. EPOL - Expense Ratio Comparison

EUDG has a 0.58% expense ratio, which is lower than EPOL's 0.61% expense ratio.

Dividends

EUDG vs. EPOL - Dividend Comparison

EUDG's dividend yield for the trailing twelve months is around 2.39%, less than EPOL's 3.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPOL iShares MSCI Poland ETF	3.61%	4.78%	6.04%	2.87%	2.65%	1.33%	1.44%	2.51%	1.44%	1.88%	2.14%	2.53%
EUDG WisdomTree Europe Quality Dividend Growth Fund	2.39%	2.19%	2.41%	2.14%	3.07%	2.98%	1.87%	2.30%	3.00%	1.55%	2.49%	2.10%

Frequently Asked Questions

Can I hold both EUDG and EPOL in my portfolio?

EUDG and EPOL have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EUDG or EPOL?

EPOL has higher volatility (6.05%) compared to EUDG (3.65%). In terms of maximum drawdown, EUDG dropped -33.76% vs EPOL's -63.72%.

Which ETF is better, EUDG or EPOL?

On 10-year performance, EPOL leads with 12.16% vs 8.51% for EUDG. On fees, EUDG is cheaper at 0.58% per year. On volatility, EUDG has been the lower-risk option at 3.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EUDG or EPOL?

Over the 10-year period, EPOL has performed better with a 12.16% return vs 8.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EUDG or EPOL?

EUDG is cheaper with a 0.58% expense ratio, compared with 0.61% for EPOL.

Which ETF pays a higher dividend yield, EUDG or EPOL?

EPOL has the higher dividend yield at 3.61%, compared with 2.39% for EUDG.

What is the main difference between EUDG and EPOL?

EUDG tracks WisdomTree Europe Quality Dividend Growth Index, while EPOL tracks MSCI Poland Investable Market Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.58% for EUDG and 0.61% for EPOL.

Which has better risk-adjusted returns?

EPOL currently has the higher Sharpe Ratio (1.39 vs 0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.