EXAG.DE vs. WTEF.DE
EXAG.DE (WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc) and WTEF.DE (WisdomTree US Efficient Core UCITS ETF USD Unhedged Acc) are both exchange-traded funds - EXAG.DE is a Commodities fund tracking the Morgan Stanley RADAR ex Agriculture & Livestock Commodity (EUR Hedged), while WTEF.DE is a Large Cap Blend Equities fund tracking the WisdomTree US Efficient Core UCITS. Both are passively managed. Over the past year, EXAG.DE returned 60.10% vs 21.98% for WTEF.DE. At a 0.03 correlation, their price movements are largely independent. EXAG.DE charges 0.60%/yr vs 0.20%/yr for WTEF.DE.
Performance
EXAG.DE vs. WTEF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXAG.DE achieves a 23.44% return, which is significantly higher than WTEF.DE's 9.49% return.
EXAG.DE
- 1D
- -1.00%
- 1M
- -3.06%
- YTD
- 23.44%
- 6M
- 33.80%
- 1Y
- 60.10%
- 3Y*
- 18.34%
- 5Y*
- —
- 10Y*
- —
WTEF.DE
- 1D
- -0.22%
- 1M
- 4.47%
- YTD
- 9.49%
- 6M
- 9.89%
- 1Y
- 21.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EXAG.DE vs. WTEF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EXAG.DE WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc | 23.44% | 32.86% | 1.21% | -1.77% |
WTEF.DE WisdomTree US Efficient Core UCITS ETF USD Unhedged Acc | 9.49% | 3.44% | 28.84% | 6.12% |
Correlation
The correlation between EXAG.DE and WTEF.DE is -0.01, 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 | -0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2023 | 0.03 |
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Return for Risk
EXAG.DE vs. WTEF.DE — Risk / Return Rank
EXAG.DE
WTEF.DE
EXAG.DE vs. WTEF.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 US Efficient Core UCITS ETF USD Unhedged Acc (WTEF.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 | WTEF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.30 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 5.01 | 2.57 | +2.44 |
| Martin ratioReturn relative to average drawdown | 17.27 | 8.75 | +8.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EXAG.DE | WTEF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.73 | 1.66 | +1.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 1.20 | -0.68 |
Drawdowns
EXAG.DE vs. WTEF.DE - Drawdown Comparison
The maximum EXAG.DE drawdown since its inception was -35.04%, which is greater than WTEF.DE's maximum drawdown of -22.39%. Use the drawdown chart below to compare losses from any high point for EXAG.DE and WTEF.DE.
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Drawdown Indicators
| EXAG.DE | WTEF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -22.39% | -12.65% |
Max Drawdown (1Y)Largest decline over 1 year | -11.94% | -8.53% | -3.41% |
Max Drawdown (3Y)Largest decline over 3 years | -15.69% | — | — |
Current DrawdownCurrent decline from peak | -6.47% | -0.52% | -5.95% |
Average DrawdownAverage peak-to-trough decline | -21.25% | -3.55% | -17.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 2.51% | +0.96% |
Volatility
EXAG.DE vs. WTEF.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 US Efficient Core UCITS ETF USD Unhedged Acc (WTEF.DE) at 3.73%. This indicates that EXAG.DE's price experiences larger fluctuations and is considered to be riskier than WTEF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXAG.DE | WTEF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 3.73% | +1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 19.08% | 9.66% | +9.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.98% | 13.17% | +8.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.80% | 14.98% | +5.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.80% | 14.98% | +5.82% |
EXAG.DE vs. WTEF.DE - Expense Ratio Comparison
EXAG.DE has a 0.60% expense ratio, which is higher than WTEF.DE's 0.20% expense ratio.
Dividends
EXAG.DE vs. WTEF.DE - Dividend Comparison
Neither EXAG.DE nor WTEF.DE has paid dividends to shareholders.
Frequently Asked Questions
EXAG.DE and WTEF.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEF.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEF.DE is cheaper with a 0.20% expense ratio, compared with 0.60% for EXAG.DE.
EXAG.DE is categorized as Commodities, while WTEF.DE is Large Cap Blend Equities. EXAG.DE tracks Morgan Stanley RADAR ex Agriculture & Livestock Commodity (EUR Hedged), while WTEF.DE tracks WisdomTree US Efficient Core UCITS. Their fees differ too: 0.60% for EXAG.DE and 0.20% for WTEF.DE.
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