EUSC vs. EZU

Last updated Jun 24, 2026

EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) and EZU (iShares MSCI Eurozone ETF) are both Europe Equities funds - EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index while EZU tracks the MSCI EMU. Both are passively managed. At a correlation of -0.16, they often move in opposite directions. EUSC charges 0.58%/yr vs 0.51%/yr for EZU.

Performance

EUSC vs. EZU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) and iShares MSCI Eurozone ETF (EZU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EUSC

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZU

• 1D: -1.96%
• 1M: 1.76%
• YTD: 7.97%
• 6M: 7.97%
• 1Y: 21.16%
• 3Y*: 18.56%
• 5Y*: 9.40%
• 10Y*: 11.09%

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

EUSC vs. EZU - Yearly Performance Comparison

	2026 (YTD)
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.18%
EZU iShares MSCI Eurozone ETF	0.32%

Correlation

The correlation between EUSC and EZU is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.16

EUSC vs. EZU - Sectors Allocation Comparison

Sectors	EUSC	EZU
Financial Services	28.4%	23.8%
Industrials	20.1%	20.0%
Real Estate	9.3%	0.7%
Consumer Cyclical	9.1%	7.8%
Basic Materials	6.5%	3.9%
Utilities	6.5%	6.3%
Communication Services	5.0%	5.0%
Technology	4.4%	17.0%
Consumer Defensive	4.1%	5.6%
Energy	3.7%	3.8%
Healthcare	2.9%	5.7%

Return for Risk

EUSC vs. EZU — Risk / Return Rank

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

EUSC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EZU

EZU Risk / Return Rank: 36
EZU Sharpe Ratio Rank: 36
EZU Sortino Ratio Rank: 35
EZU Omega Ratio Rank: 34
EZU Calmar Ratio Rank: 34
EZU Martin Ratio Rank: 39

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.

EUSC vs. EZU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) and iShares MSCI Eurozone ETF (EZU). 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.

	EUSC	EZU	Difference
Sharpe ratio: Return per unit of total volatility	—	1.21	—
Sortino ratio: Return per unit of downside risk	—	1.79	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	1.63	—
Martin ratio: Return relative to average drawdown	—	5.90	—

Drawdowns

EUSC vs. EZU - Drawdown Comparison

The maximum EUSC drawdown since its inception was 0.00%, smaller than the maximum EZU drawdown of -65.32%. Use the drawdown chart below to compare losses from any high point for EUSC and EZU.

Drawdown Indicators

	EUSC	EZU	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-65.32%	+65.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.06%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.02%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-36.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.37%	—
Current Drawdown Current decline from peak	0.00%	-1.96%	+1.96%
Average Drawdown Average peak-to-trough decline	0.00%	-19.20%	+19.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.60%	—

Volatility

Volatility by Period

	EUSC	EZU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.10%	17.52%	-16.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.10%	19.96%	-18.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.10%	20.14%	-19.04%

EUSC vs. EZU - Expense Ratio Comparison

EUSC has a 0.58% expense ratio, which is higher than EZU's 0.51% expense ratio.

Dividends

EUSC vs. EZU - Dividend Comparison

EUSC has not paid dividends to shareholders, while EZU's dividend yield for the trailing twelve months is around 2.71%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EZU iShares MSCI Eurozone ETF	2.71%	2.85%	2.90%	2.56%	2.79%	2.46%	2.13%	2.84%	3.47%	1.91%	3.07%	2.18%

Frequently Asked Questions

Can I hold both EUSC and EZU in my portfolio?

EUSC and EZU have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EUSC or EZU?

On fees, EZU is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUSC or EZU?

EZU is cheaper with a 0.51% expense ratio, compared with 0.58% for EUSC.

Which ETF pays a higher dividend yield, EUSC or EZU?

EZU has the higher dividend yield at 2.71%, compared with 0.00% for EUSC.

What is the main difference between EUSC and EZU?

EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index, while EZU tracks MSCI EMU. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.58% for EUSC and 0.51% for EZU.