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FEUZ vs. EUSC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FEUZ vs. EUSC

Last updated Jun 24, 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. At a 0.12 correlation, their price movements are largely independent. 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.

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Returns By Period

FEUZ

1D
-0.72%
1M
-0.37%
YTD
9.90%
6M
10.07%
1Y
29.77%
3Y*
23.49%
5Y*
10.32%
10Y*
11.16%

EUSC

1D
0.00%
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FEUZ vs. EUSC - Yearly Performance Comparison

2026 (YTD)
FEUZ
First Trust Eurozone AlphaDEX ETF		-1.80%
EUSC
WisdomTree Europe Hedged SmallCap Equity Fund		0.18%

Correlation

The correlation between FEUZ and EUSC is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.12

FEUZ vs. EUSC - Sectors Allocation Comparison

Sectors
FEUZ
EUSC

Industrials

28.1%
20.1%

Financial Services

10.6%
28.4%

Energy

10.0%
3.7%

Consumer Cyclical

9.7%
9.1%

Utilities

7.9%
6.5%

Basic Materials

7.7%
6.5%

Technology

6.6%
4.4%

Real Estate

5.7%
9.3%

Consumer Defensive

5.2%
4.1%

Healthcare

5.0%
2.9%

Communication Services

3.6%
5.0%

Industrials

FEUZ
28.1%
EUSC
20.1%

Financial Services

FEUZ
10.6%
EUSC
28.4%

Energy

FEUZ
10.0%
EUSC
3.7%

Consumer Cyclical

FEUZ
9.7%
EUSC
9.1%

Utilities

FEUZ
7.9%
EUSC
6.5%

Basic Materials

FEUZ
7.7%
EUSC
6.5%

Technology

FEUZ
6.6%
EUSC
4.4%

Real Estate

FEUZ
5.7%
EUSC
9.3%

Consumer Defensive

FEUZ
5.2%
EUSC
4.1%

Healthcare

FEUZ
5.0%
EUSC
2.9%

Communication Services

FEUZ
3.6%
EUSC
5.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Trust Eurozone AlphaDEX ETF

WisdomTree Europe Hedged SmallCap Equity Fund

Often compared with FEUZ:
FEUZ vs. FEPFEUZ vs. FGMFEUZ vs. DWMFFEUZ vs. FLEUFEUZ vs. EMQQFEUZ vs. IDMOFEUZ vs. KWEB
Often compared with EUSC:
EUSC vs. VGKEUSC vs. IEUSEUSC vs. IXUSEUSC vs. IEUREUSC vs. SYLDEUSC vs. AVDVEUSC vs. FEZ

Return for Risk

FEUZ vs. EUSC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FEUZ
FEUZ Risk / Return Rank: 5353
Overall Rank
FEUZ Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
FEUZ Sortino Ratio Rank: 5252
Sortino Ratio Rank
FEUZ Omega Ratio Rank: 5252
Omega Ratio Rank
FEUZ Calmar Ratio Rank: 5252
Calmar Ratio Rank
FEUZ Martin Ratio Rank: 5656
Martin Ratio Rank
EUSC

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

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.

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.

FEUZEUSCDifference
Sharpe ratioReturn per unit of total volatility
1.71

—

—

Sortino ratioReturn per unit of downside risk
2.35

—

—

Omega ratioGain probability vs. loss probability

1.30

—

—

Calmar ratioReturn relative to maximum drawdown

2.39

—

—

Martin ratioReturn relative to average drawdown

9.02

—

—

FEUZ vs. EUSC - Sharpe Ratio Comparison

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Drawdowns

FEUZ vs. EUSC - Drawdown Comparison

The maximum FEUZ drawdown since its inception was -48.08%, which is greater than EUSC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FEUZ and EUSC.

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Drawdown Indicators

FEUZEUSCDifference

Max Drawdown

Largest peak-to-trough decline

-48.08%

0.00%

-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

-2.62%

0.00%

-2.62%

Average Drawdown

Average peak-to-trough decline

-10.45%

0.00%

-10.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.31%

—

—

Volatility

FEUZ vs. EUSC - Volatility Comparison

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Volatility by Period

FEUZEUSCDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.88%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

14.86%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

17.54%

1.10%

+16.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.99%

1.10%

+20.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.51%

1.10%

+20.41%

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 2.40%, while EUSC has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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		2.40%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

FEUZ and EUSC have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

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

FEUZ has the higher dividend yield at 2.40%, compared with 0.00% for 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.

Portfolio Optimizer

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