EUSC vs. PBEU

Last updated Jun 24, 2026

EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) and PBEU (Portfolio Building Block European Banks Index ETF) are both exchange-traded funds - EUSC is a Europe Equities fund tracking the WisdomTree Europe Hedged SmallCap Equity Index, while PBEU is a Financials Equities fund tracking the BITA European Banks Index. Both are passively managed. At a correlation of -0.21, they often move in opposite directions. EUSC charges 0.58%/yr vs 0.13%/yr for PBEU.

Performance

EUSC vs. PBEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) and Portfolio Building Block European Banks Index ETF (PBEU). 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*: —

PBEU

• 1D: -1.42%
• 1M: 7.22%
• YTD: 13.63%
• 6M: 14.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EUSC vs. PBEU - Yearly Performance Comparison

	2026 (YTD)
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.18%
PBEU Portfolio Building Block European Banks Index ETF	4.57%

Correlation

The correlation between EUSC and PBEU is -0.21, 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	-0.21

Return for Risk

EUSC vs. PBEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) and Portfolio Building Block European Banks Index ETF (PBEU). 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.

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

Drawdowns

EUSC vs. PBEU - Drawdown Comparison

The maximum EUSC drawdown since its inception was 0.00%, smaller than the maximum PBEU drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for EUSC and PBEU.

Drawdown Indicators

	EUSC	PBEU	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-17.26%	+17.26%
Current Drawdown Current decline from peak	0.00%	-1.42%	+1.42%
Average Drawdown Average peak-to-trough decline	0.00%	-3.94%	+3.94%

Volatility

Volatility by Period

	EUSC	PBEU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.10%	27.63%	-26.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.10%	27.63%	-26.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.10%	27.63%	-26.53%

EUSC vs. PBEU - Expense Ratio Comparison

EUSC has a 0.58% expense ratio, which is higher than PBEU's 0.13% expense ratio.

Dividends

EUSC vs. PBEU - Dividend Comparison

EUSC has not paid dividends to shareholders, while PBEU's dividend yield for the trailing twelve months is around 0.01%.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EUSC and PBEU in my portfolio?

EUSC and PBEU have a correlation of -0.21, 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 PBEU?

On fees, PBEU is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUSC or PBEU?

PBEU is cheaper with a 0.13% expense ratio, compared with 0.58% for EUSC.

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

PBEU has the higher dividend yield at 0.01%, compared with 0.00% for EUSC.

What is the main difference between EUSC and PBEU?

EUSC is categorized as Europe Equities, while PBEU is Financials Equities. EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index, while PBEU tracks BITA European Banks Index. They also come from different issuers: WisdomTree and Portfolio Building Block. Their fees differ too: 0.58% for EUSC and 0.13% for PBEU.