EXAG.DE vs. EUDF.DE
EXAG.DE (WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc) and EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) are both exchange-traded funds - EXAG.DE is a Commodities fund tracking the Morgan Stanley RADAR ex Agriculture & Livestock Commodity (EUR Hedged), while EUDF.DE is a Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR). Both are passively managed. Over the past year, EXAG.DE returned 60.10% vs -3.37% for EUDF.DE. At a 0.07 correlation, their price movements are largely independent. EXAG.DE charges 0.60%/yr vs 0.40%/yr for EUDF.DE.
Performance
EXAG.DE vs. EUDF.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXAG.DE achieves a 23.44% return, which is significantly higher than EUDF.DE's 2.51% return.
EXAG.DE
- 1D
- -1.00%
- 1M
- -3.06%
- YTD
- 23.44%
- 6M
- 33.80%
- 1Y
- 60.10%
- 3Y*
- 18.34%
- 5Y*
- —
- 10Y*
- —
EUDF.DE
- 1D
- 1.22%
- 1M
- -3.90%
- YTD
- 2.51%
- 6M
- 5.21%
- 1Y
- -3.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EXAG.DE vs. EUDF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EXAG.DE WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc | 23.44% | 29.05% |
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 2.51% | 18.55% |
Correlation
The correlation between EXAG.DE and EUDF.DE is 0.06, 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 | 0.06 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.07 |
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
EXAG.DE vs. EUDF.DE — Risk / Return Rank
EXAG.DE
EUDF.DE
EXAG.DE vs. EUDF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc (EXAG.DE) and WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.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.
| EXAG.DE | EUDF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.84 | ||
| Sortino ratioReturn per unit of downside risk | +3.18 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.00 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 5.01 | -0.17 | +5.18 |
| Martin ratioReturn relative to average drawdown | 17.27 | -0.39 | +17.66 |
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
| EXAG.DE | EUDF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.73 | -0.12 | +2.84 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.55 | -0.03 |
Drawdowns
EXAG.DE vs. EUDF.DE - Drawdown Comparison
The maximum EXAG.DE drawdown since its inception was -35.04%, which is greater than EUDF.DE's maximum drawdown of -19.51%. Use the drawdown chart below to compare losses from any high point for EXAG.DE and EUDF.DE.
Loading charts...
Drawdown Indicators
| EXAG.DE | EUDF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -19.51% | -15.53% |
Max Drawdown (1Y)Largest decline over 1 year | -11.94% | -19.51% | +7.57% |
Max Drawdown (3Y)Largest decline over 3 years | -15.69% | — | — |
Current DrawdownCurrent decline from peak | -6.47% | -14.05% | +7.58% |
Average DrawdownAverage peak-to-trough decline | -21.25% | -6.55% | -14.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 8.29% | -4.82% |
Volatility
EXAG.DE vs. EUDF.DE - Volatility Comparison
The current volatility for WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc (EXAG.DE) is 5.02%, while WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a volatility of 9.95%. This indicates that EXAG.DE experiences smaller price fluctuations and is considered to be less risky than EUDF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXAG.DE | EUDF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 9.95% | -4.93% |
Volatility (6M)Calculated over the trailing 6-month period | 19.08% | 22.54% | -3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.98% | 29.15% | -7.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.80% | 30.89% | -10.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.80% | 30.89% | -10.09% |
EXAG.DE vs. EUDF.DE - Expense Ratio Comparison
EXAG.DE has a 0.60% expense ratio, which is higher than EUDF.DE's 0.40% expense ratio.
Dividends
EXAG.DE vs. EUDF.DE - Dividend Comparison
Neither EXAG.DE nor EUDF.DE has paid dividends to shareholders.
Frequently Asked Questions
EXAG.DE and EUDF.DE have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUDF.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUDF.DE is cheaper with a 0.40% expense ratio, compared with 0.60% for EXAG.DE.
EXAG.DE is categorized as Commodities, while EUDF.DE is Aerospace & Defense. EXAG.DE tracks Morgan Stanley RADAR ex Agriculture & Livestock Commodity (EUR Hedged), while EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR). Their fees differ too: 0.60% for EXAG.DE and 0.40% for EUDF.DE.
Find the right allocation for EXAG.DE and EUDF.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