IWDE.L vs. WREE.L
IWDE.L (iShares MSCI World EUR Hedged UCITS ETF (Acc)) and WREE.L (WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc) are both exchange-traded funds - IWDE.L is a Global Equities fund tracking the MSCI World 100% Hedged to EUR Index, while WREE.L is a Commodity Producers Equities fund tracking the WisdomTree Strategic Metals and Rare Earths Miners Index. Both are passively managed. Over the past year, IWDE.L returned 23.46% vs 101.19% for WREE.L. At a 0.48 correlation, their price movements are largely independent. IWDE.L charges 0.55%/yr vs 0.50%/yr for WREE.L.
Performance
IWDE.L vs. WREE.L - Performance Comparison
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Different Trading Currencies
IWDE.L is traded in EUR, while WREE.L is traded in GBp. To make them comparable, the WREE.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IWDE.L achieves a 9.11% return, which is significantly lower than WREE.L's 17.81% return.
IWDE.L
- 1D
- 0.10%
- 1M
- 2.81%
- YTD
- 9.11%
- 6M
- 9.69%
- 1Y
- 23.46%
- 3Y*
- 18.40%
- 5Y*
- 10.58%
- 10Y*
- 11.23%
WREE.L
- 1D
- -1.20%
- 1M
- -9.75%
- YTD
- 17.81%
- 6M
- 26.05%
- 1Y
- 101.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWDE.L vs. WREE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IWDE.L iShares MSCI World EUR Hedged UCITS ETF (Acc) | 9.11% | 16.39% | 11.22% |
WREE.L WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc | 17.81% | 89.88% | -6.91% |
Correlation
The correlation between IWDE.L and WREE.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2024 | 0.48 |
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Return for Risk
IWDE.L vs. WREE.L — Risk / Return Rank
IWDE.L
WREE.L
IWDE.L vs. WREE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World EUR Hedged UCITS ETF (Acc) (IWDE.L) and WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L). 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.
| IWDE.L | WREE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.42 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 4.69 | -1.66 |
| Martin ratioReturn relative to average drawdown | 13.08 | 15.61 | -2.53 |
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
| IWDE.L | WREE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 2.86 | -0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.31 | -0.62 |
Drawdowns
IWDE.L vs. WREE.L - Drawdown Comparison
The maximum IWDE.L drawdown since its inception was -33.32%, which is greater than WREE.L's maximum drawdown of -26.45%. Use the drawdown chart below to compare losses from any high point for IWDE.L and WREE.L.
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Drawdown Indicators
| IWDE.L | WREE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.32% | -26.45% | -6.87% |
Max Drawdown (1Y)Largest decline over 1 year | -7.82% | -22.60% | +14.78% |
Max Drawdown (3Y)Largest decline over 3 years | -17.50% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.72% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.32% | — | — |
Current DrawdownCurrent decline from peak | -0.36% | -12.59% | +12.23% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -7.91% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 6.80% | -4.99% |
Volatility
IWDE.L vs. WREE.L - Volatility Comparison
The current volatility for iShares MSCI World EUR Hedged UCITS ETF (Acc) (IWDE.L) is 3.10%, while WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L) has a volatility of 13.88%. This indicates that IWDE.L experiences smaller price fluctuations and is considered to be less risky than WREE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWDE.L | WREE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 13.88% | -10.78% |
Volatility (6M)Calculated over the trailing 6-month period | 8.58% | 30.22% | -21.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.30% | 37.17% | -25.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.86% | 30.93% | -16.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.37% | 30.93% | -15.56% |
IWDE.L vs. WREE.L - Expense Ratio Comparison
IWDE.L has a 0.55% expense ratio, which is higher than WREE.L's 0.50% expense ratio.
Dividends
IWDE.L vs. WREE.L - Dividend Comparison
Neither IWDE.L nor WREE.L has paid dividends to shareholders.
Frequently Asked Questions
IWDE.L and WREE.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WREE.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WREE.L is cheaper with a 0.50% expense ratio, compared with 0.55% for IWDE.L.
IWDE.L is categorized as Global Equities, while WREE.L is Commodity Producers Equities. IWDE.L tracks MSCI World 100% Hedged to EUR Index, while WREE.L tracks WisdomTree Strategic Metals and Rare Earths Miners Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.55% for IWDE.L and 0.50% for WREE.L.
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