FEUZ vs. EUSC

Last updated Aug 2, 2026

FEUZ (First Trust Eurozone AlphaDEX ETF) and EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) are both Europe Equities funds - FEUZ tracks the NASDAQ AlphaDEX Eurozone Index while EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index. Both are passively managed. Their 0.03 correlation means their historical movements had little consistent relationship. FEUZ charges 0.80%/yr vs 0.58%/yr for EUSC.

Performance

FEUZ vs. EUSC - Performance Comparison

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

Returns By Period

FEUZ

• 1D: -0.11%
• 1M: 1.28%
• 6M: 6.13%
• YTD: 12.32%
• 1Y: 26.81%
• 3Y*: 21.74%
• 5Y*: 10.89%
• 10Y*: 10.67%
• ALL TIME*: 9.32%

EUSC

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FEUZ First Trust Eurozone AlphaDEX ETF	$505.93K	$296.63K	$278.69K

FEUZ vs. EUSC - Yearly Performance Comparison

	2026 (YTD)
FEUZ First Trust Eurozone AlphaDEX ETF	0.36%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.18%

Correlation

The correlation between FEUZ and EUSC is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.03

FEUZ vs. EUSC - Sectors Allocation Comparison

Sectors	FEUZ	EUSC
Industrials	27.9%	20.1%
Financial Services	11.3%	28.4%
Energy	9.8%	3.7%
Consumer Cyclical	8.8%	9.1%
Utilities	8.2%	6.5%
Basic Materials	7.1%	6.5%
Technology	6.7%	4.4%
Real Estate	5.8%	9.3%
Consumer Defensive	5.5%	4.1%
Healthcare	5.4%	2.9%
Communication Services	3.5%	5.0%

Return for Risk

FEUZ vs. EUSC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FEUZ

FEUZ Risk / Return Rank: 62
FEUZ Sharpe Ratio Rank: 65
FEUZ Sortino Ratio Rank: 63
FEUZ Omega Ratio Rank: 62
FEUZ Calmar Ratio Rank: 58
FEUZ Martin Ratio Rank: 64

EUSC

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FEUZ vs. EUSC - Risk-Adjusted Trends Comparison

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

	FEUZ	EUSC	Difference
Sharpe ratio: Return per unit of total volatility	1.49	—	—
Sortino ratio: Return per unit of downside risk	2.09	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.07	—	—
Martin ratio: Return relative to average drawdown	7.73	—	—

Drawdowns

Drawdown Indicators

	FEUZ	EUSC	Difference
Max Drawdown Largest peak-to-trough decline	-48.08%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.02%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.64%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-48.08%	—	—
Current Drawdown Current decline from peak	-0.48%	—	—
Average Drawdown Average peak-to-trough decline	-10.38%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	—	—

Volatility

Volatility by Period

	FEUZ	EUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.33%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.01%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.42%	—	—

FEUZ vs. EUSC - Expense Ratio Comparison

FEUZ has a 0.80% expense ratio, which is higher than EUSC's 0.58% expense ratio.

Dividends

FEUZ vs. EUSC - Dividend Comparison

FEUZ's dividend yield for the trailing twelve months is around 2.65%, while EUSC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FEUZ First Trust Eurozone AlphaDEX ETF	2.65%	2.81%	2.01%	2.95%	3.14%	2.52%	1.46%	1.93%	2.46%	1.29%	2.12%	1.09%

Frequently Asked Questions

Can I hold both FEUZ and EUSC in my portfolio?

FEUZ and EUSC 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, FEUZ or EUSC?

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.

Which ETF is cheaper, FEUZ or EUSC?

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

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

FEUZ has the higher dividend yield at 2.65%, compared with 0.00% for EUSC.

What is the main difference between FEUZ and EUSC?

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