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EUSC vs. FKU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EUSC vs. FKU

Last updated Jun 24, 2026

EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) and FKU (First Trust United Kingdom AlphaDEX Fund) are both Europe Equities funds - EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index while FKU tracks the NASDAQ AlphaDEX United Kingdom Index. Both are passively managed. At a correlation of -0.07, they often move in opposite directions. EUSC charges 0.58%/yr vs 0.80%/yr for FKU.

Performance

EUSC vs. FKU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) and First Trust United Kingdom AlphaDEX Fund (FKU). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

EUSC

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

FKU

1D
-0.84%
1M
-0.56%
YTD
4.87%
6M
5.02%
1Y
19.66%
3Y*
21.58%
5Y*
7.65%
10Y*
8.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUSC vs. FKU - Yearly Performance Comparison

2026 (YTD)
EUSC
WisdomTree Europe Hedged SmallCap Equity Fund		0.18%
FKU
First Trust United Kingdom AlphaDEX Fund		-1.68%

Correlation

The correlation between EUSC and FKU is -0.07, 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 (All Time)
Calculated using the full available price history since May 28, 2026

-0.07

EUSC vs. FKU - Sectors Allocation Comparison

Sectors
EUSC
FKU

Financial Services

28.4%
28.7%

Industrials

20.1%
11.7%

Real Estate

9.3%
4.0%

Consumer Cyclical

9.1%
12.6%

Basic Materials

6.5%
18.3%

Utilities

6.5%
2.4%

Communication Services

5.0%
7.0%

Technology

4.4%

-

Consumer Defensive

4.1%
6.4%

Energy

3.7%
3.6%

Healthcare

2.9%
5.3%

Financial Services

EUSC
28.4%
FKU
28.7%

Industrials

EUSC
20.1%
FKU
11.7%

Real Estate

EUSC
9.3%
FKU
4.0%

Consumer Cyclical

EUSC
9.1%
FKU
12.6%

Basic Materials

EUSC
6.5%
FKU
18.3%

Utilities

EUSC
6.5%
FKU
2.4%

Communication Services

EUSC
5.0%
FKU
7.0%

Technology

EUSC
4.4%
FKU

-

Consumer Defensive

EUSC
4.1%
FKU
6.4%

Energy

EUSC
3.7%
FKU
3.6%

Healthcare

EUSC
2.9%
FKU
5.3%

Compare stocks, funds, or ETFs

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WisdomTree Europe Hedged SmallCap Equity Fund

First Trust United Kingdom AlphaDEX Fund

Often compared with EUSC:
EUSC vs. VGKEUSC vs. IEUSEUSC vs. IXUSEUSC vs. IEUREUSC vs. SYLDEUSC vs. AVDVEUSC vs. FEZ
Often compared with FKU:
FKU vs. EWUFKU vs. FLGRFKU vs. NORWFKU vs. OPPEFKU vs. FSZFKU vs. FDDFKU vs. GLD

Return for Risk

EUSC vs. FKU — 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.

FKU
FKU Risk / Return Rank: 3232
Overall Rank
FKU Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
FKU Sortino Ratio Rank: 3333
Sortino Ratio Rank
FKU Omega Ratio Rank: 3131
Omega Ratio Rank
FKU Calmar Ratio Rank: 3030
Calmar Ratio Rank
FKU Martin Ratio Rank: 3333
Martin Ratio Rank
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. FKU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) and First Trust United Kingdom AlphaDEX Fund (FKU). 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.

EUSCFKUDifference
Sharpe ratioReturn per unit of total volatility

—

1.11

—

Sortino ratioReturn per unit of downside risk

—

1.65

—

Omega ratioGain probability vs. loss probability

—

1.20

—

Calmar ratioReturn relative to maximum drawdown

—

1.39

—

Martin ratioReturn relative to average drawdown

—

4.50

—

EUSC vs. FKU - Sharpe Ratio Comparison

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Drawdowns

EUSC vs. FKU - Drawdown Comparison

The maximum EUSC drawdown since its inception was 0.00%, smaller than the maximum FKU drawdown of -54.39%. Use the drawdown chart below to compare losses from any high point for EUSC and FKU.

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Drawdown Indicators

EUSCFKUDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-54.39%

+54.39%

Max Drawdown (1Y)

Largest decline over 1 year

—

-14.25%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-14.25%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-41.54%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-54.39%

—

Current Drawdown

Current decline from peak

0.00%

-5.89%

+5.89%

Average Drawdown

Average peak-to-trough decline

0.00%

-10.78%

+10.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

4.38%

—

Volatility

EUSC vs. FKU - Volatility Comparison

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Volatility by Period

EUSCFKUDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

5.02%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

15.22%

—

Volatility (1Y)

Calculated over the trailing 1-year period

1.10%

17.82%

-16.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.10%

22.90%

-21.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.10%

23.60%

-22.50%

EUSC vs. FKU - Expense Ratio Comparison

EUSC has a 0.58% expense ratio, which is lower than FKU's 0.80% expense ratio.

Dividends

EUSC vs. FKU - Dividend Comparison

EUSC has not paid dividends to shareholders, while FKU's dividend yield for the trailing twelve months is around 2.75%.

PositionTTM20252024202320222021202020192018201720162015
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%
FKU
First Trust United Kingdom AlphaDEX Fund		2.75%2.89%4.07%3.82%5.55%2.98%1.48%3.34%5.12%2.93%2.60%2.64%

Frequently Asked Questions

EUSC and FKU have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EUSC is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EUSC is cheaper with a 0.58% expense ratio, compared with 0.80% for FKU.

FKU has the higher dividend yield at 2.75%, compared with 0.00% for EUSC.

EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index, while FKU tracks NASDAQ AlphaDEX United Kingdom Index. They also come from different issuers: WisdomTree and First Trust. Their fees differ too: 0.58% for EUSC and 0.80% for FKU.

Portfolio Optimizer

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