FEZ vs. EUSC

Last updated Jun 4, 2026

FEZ (SPDR EURO STOXX 50 ETF) and EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) are both Europe Equities funds - FEZ tracks the EURO STOXX 50 Index while EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index. Both are passively managed. FEZ charges 0.29%/yr vs 0.58%/yr for EUSC.

Performance

FEZ vs. EUSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR EURO STOXX 50 ETF (FEZ) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FEZ

• 1D: -1.26%
• 1M: 5.21%
• YTD: 5.18%
• 6M: 6.87%
• 1Y: 16.91%
• 3Y*: 17.72%
• 5Y*: 9.90%
• 10Y*: 10.28%

EUSC

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FEZ vs. EUSC - Yearly Performance Comparison

	2026 (YTD)
FEZ SPDR EURO STOXX 50 ETF	-0.60%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%

FEZ vs. EUSC - Sectors Allocation Comparison

Sectors	FEZ	EUSC
Financial Services	23.4%	28.4%
Industrials	20.1%	20.1%
Technology	17.9%	4.4%
Consumer Cyclical	8.6%	9.1%
Consumer Defensive	5.4%	4.1%
Healthcare	5.2%	2.9%
Energy	5.0%	3.7%
Utilities	4.6%	6.5%
Communication Services	3.5%	5.0%
Basic Materials	3.5%	6.5%
Real Estate	-	9.3%

Return for Risk

FEZ vs. EUSC — Risk / Return Rank

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

FEZ

FEZ Risk / Return Rank: 26
FEZ Sharpe Ratio Rank: 26
FEZ Sortino Ratio Rank: 26
FEZ Omega Ratio Rank: 25
FEZ Calmar Ratio Rank: 26
FEZ Martin Ratio Rank: 29

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.

FEZ vs. EUSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR EURO STOXX 50 ETF (FEZ) 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.

	FEZ	EUSC	Difference
Sharpe ratio Return per unit of total volatility	0.95	—	—
Sortino ratio Return per unit of downside risk	1.43	—	—
Omega ratio Gain probability vs. loss probability	1.17	—	—
Calmar ratio Return relative to maximum drawdown	1.25	—	—
Martin ratio Return relative to average drawdown	4.25	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FEZ	EUSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.95	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Drawdowns

FEZ vs. EUSC - Drawdown Comparison

The maximum FEZ drawdown since its inception was -64.21%, which is greater than EUSC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FEZ and EUSC.

Drawdown Indicators

	FEZ	EUSC	Difference
Max Drawdown Largest peak-to-trough decline	-64.21%	0.00%	-64.21%
Max Drawdown (1Y) Largest decline over 1 year	-13.63%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.69%	—	—
Current Drawdown Current decline from peak	-2.33%	0.00%	-2.33%
Average Drawdown Average peak-to-trough decline	-17.07%	0.00%	-17.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	—	—

Volatility

Volatility by Period

	FEZ	EUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.91%	0.00%	+17.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.61%	0.00%	+20.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.11%	0.00%	+21.11%

FEZ vs. EUSC - Expense Ratio Comparison

FEZ has a 0.29% expense ratio, which is lower than EUSC's 0.58% expense ratio.

Dividends

FEZ vs. EUSC - Dividend Comparison

FEZ's dividend yield for the trailing twelve months is around 2.57%, 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%
FEZ SPDR EURO STOXX 50 ETF	2.57%	2.78%	2.94%	2.75%	3.06%	2.61%	2.13%	2.61%	3.45%	2.44%	3.35%	3.03%

Frequently Asked Questions

Which ETF is better, FEZ or EUSC?

On fees, FEZ is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FEZ or EUSC?

FEZ is cheaper with a 0.29% expense ratio, compared with 0.58% for EUSC.

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

FEZ has the higher dividend yield at 2.57%, compared with 0.00% for EUSC.

What is the main difference between FEZ and EUSC?

FEZ tracks EURO STOXX 50 Index, while EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index. They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.29% for FEZ and 0.58% for EUSC.