EXAG.DE vs. NTSG.DE

Last updated Jun 5, 2026

EXAG.DE (WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc) and NTSG.DE (WisdomTree Global Efficient Core UCITS ETF USD Accumulating) are both exchange-traded funds - EXAG.DE is a Commodities fund tracking the Morgan Stanley RADAR ex Agriculture & Livestock Commodity (EUR Hedged), while NTSG.DE is a Global Allocation fund tracking the WisdomTree Global Efficient Core Index. Both are passively managed. Over the past year, EXAG.DE returned 60.10% vs 20.71% for NTSG.DE. At a 0.02 correlation, their price movements are largely independent. EXAG.DE charges 0.60%/yr vs 0.25%/yr for NTSG.DE.

Performance

EXAG.DE vs. NTSG.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc (EXAG.DE) and WisdomTree Global Efficient Core UCITS ETF USD Accumulating (NTSG.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXAG.DE achieves a 23.44% return, which is significantly higher than NTSG.DE's 8.92% return.

EXAG.DE

• 1D: -1.00%
• 1M: -3.06%
• YTD: 23.44%
• 6M: 33.80%
• 1Y: 60.10%
• 3Y*: 18.34%
• 5Y*: —
• 10Y*: —

NTSG.DE

• 1D: 0.04%
• 1M: 5.20%
• YTD: 8.92%
• 6M: 7.87%
• 1Y: 20.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EXAG.DE vs. NTSG.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EXAG.DE WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc	23.44%	32.86%	-0.61%
NTSG.DE WisdomTree Global Efficient Core UCITS ETF USD Accumulating	8.92%	8.14%	0.20%

Correlation

The correlation between EXAG.DE and NTSG.DE is -0.03, 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	-0.03
Correlation (All Time) Calculated using the full available price history since Nov 13, 2024	0.02

Return for Risk

EXAG.DE vs. NTSG.DE — Risk / Return Rank

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

EXAG.DE

EXAG.DE Risk / Return Rank: 81
EXAG.DE Sharpe Ratio Rank: 85
EXAG.DE Sortino Ratio Rank: 72
EXAG.DE Omega Ratio Rank: 78
EXAG.DE Calmar Ratio Rank: 88
EXAG.DE Martin Ratio Rank: 85

NTSG.DE

NTSG.DE Risk / Return Rank: 59
NTSG.DE Sharpe Ratio Rank: 55
NTSG.DE Sortino Ratio Rank: 55
NTSG.DE Omega Ratio Rank: 56
NTSG.DE Calmar Ratio Rank: 67
NTSG.DE Martin Ratio Rank: 64

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.

EXAG.DE vs. NTSG.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 Global Efficient Core UCITS ETF USD Accumulating (NTSG.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	NTSG.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.73	1.86	+0.87
Sortino ratio: Return per unit of downside risk	3.22	2.58	+0.64
Omega ratio: Gain probability vs. loss probability	1.45	1.34	+0.12
Calmar ratio: Return relative to maximum drawdown	5.01	3.29	+1.72
Martin ratio: Return relative to average drawdown	17.27	11.64	+5.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXAG.DE vs. NTSG.DE - Sharpe Ratio Comparison

The current EXAG.DE Sharpe Ratio is 2.73, which is higher than the NTSG.DE Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of EXAG.DE and NTSG.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EXAG.DE	NTSG.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.73	1.86	+0.87
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.79	-0.26

Drawdowns

EXAG.DE vs. NTSG.DE - Drawdown Comparison

The maximum EXAG.DE drawdown since its inception was -35.04%, which is greater than NTSG.DE's maximum drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for EXAG.DE and NTSG.DE.

Drawdown Indicators

	EXAG.DE	NTSG.DE	Difference
Max Drawdown Largest peak-to-trough decline	-35.04%	-19.64%	-15.40%
Max Drawdown (1Y) Largest decline over 1 year	-11.94%	-6.26%	-5.68%
Max Drawdown (3Y) Largest decline over 3 years	-15.69%	—	—
Current Drawdown Current decline from peak	-6.47%	-0.09%	-6.38%
Average Drawdown Average peak-to-trough decline	-21.25%	-3.69%	-17.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.47%	1.77%	+1.70%

Volatility

EXAG.DE vs. NTSG.DE - Volatility Comparison

WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc (EXAG.DE) has a higher volatility of 5.02% compared to WisdomTree Global Efficient Core UCITS ETF USD Accumulating (NTSG.DE) at 3.24%. This indicates that EXAG.DE's price experiences larger fluctuations and is considered to be riskier than NTSG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXAG.DE	NTSG.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.02%	3.24%	+1.78%
Volatility (6M) Calculated over the trailing 6-month period	19.08%	8.09%	+10.99%
Volatility (1Y) Calculated over the trailing 1-year period	21.98%	11.12%	+10.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.80%	14.30%	+6.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.80%	14.30%	+6.50%

EXAG.DE vs. NTSG.DE - Expense Ratio Comparison

EXAG.DE has a 0.60% expense ratio, which is higher than NTSG.DE's 0.25% expense ratio.

Dividends

EXAG.DE vs. NTSG.DE - Dividend Comparison

Neither EXAG.DE nor NTSG.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EXAG.DE and NTSG.DE in my portfolio?

EXAG.DE and NTSG.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EXAG.DE or NTSG.DE?

On fees, NTSG.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EXAG.DE or NTSG.DE?

NTSG.DE is cheaper with a 0.25% expense ratio, compared with 0.60% for EXAG.DE.

What is the main difference between EXAG.DE and NTSG.DE?

EXAG.DE is categorized as Commodities, while NTSG.DE is Global Allocation. EXAG.DE tracks Morgan Stanley RADAR ex Agriculture & Livestock Commodity (EUR Hedged), while NTSG.DE tracks WisdomTree Global Efficient Core Index. Their fees differ too: 0.60% for EXAG.DE and 0.25% for NTSG.DE.