JUKC.L vs. WDEP.L
JUKC.L (JPMorgan UK Equity Core UCITS ETF GBP (acc)) and WDEP.L (WisdomTree Europe Defence UCITS ETF EUR Accumulating) are both Europe Equities funds - JUKC.L tracks the FTSE AllSh TR GBP while WDEP.L tracks the WisdomTree Europe Defence Index. Both are passively managed. Over the past year, JUKC.L returned 20.86% vs -0.69% for WDEP.L. At a 0.38 correlation, their price movements are largely independent. JUKC.L charges 0.25%/yr vs 0.45%/yr for WDEP.L.
Performance
JUKC.L vs. WDEP.L - Performance Comparison
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Returns By Period
In the year-to-date period, JUKC.L achieves a 6.47% return, which is significantly higher than WDEP.L's 1.13% return.
JUKC.L
- 1D
- 0.34%
- 1M
- 2.18%
- YTD
- 6.47%
- 6M
- 8.36%
- 1Y
- 20.86%
- 3Y*
- 14.98%
- 5Y*
- —
- 10Y*
- —
WDEP.L
- 1D
- 1.35%
- 1M
- -3.38%
- YTD
- 1.13%
- 6M
- 4.34%
- 1Y
- -0.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JUKC.L vs. WDEP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JUKC.L JPMorgan UK Equity Core UCITS ETF GBP (acc) | 6.47% | 20.19% |
WDEP.L WisdomTree Europe Defence UCITS ETF EUR Accumulating | 1.13% | 20.67% |
Correlation
The correlation between JUKC.L and WDEP.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2025 | 0.38 |
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Return for Risk
JUKC.L vs. WDEP.L — Risk / Return Rank
JUKC.L
WDEP.L
JUKC.L vs. WDEP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan UK Equity Core UCITS ETF GBP (acc) (JUKC.L) and WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.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.
| JUKC.L | WDEP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.94 | ||
| Sortino ratioReturn per unit of downside risk | +2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.02 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | -0.04 | +2.41 |
| Martin ratioReturn relative to average drawdown | 8.25 | -0.08 | +8.34 |
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
| JUKC.L | WDEP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | -0.02 | +1.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 0.59 | +0.55 |
Drawdowns
JUKC.L vs. WDEP.L - Drawdown Comparison
The maximum JUKC.L drawdown since its inception was -12.95%, smaller than the maximum WDEP.L drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for JUKC.L and WDEP.L.
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Drawdown Indicators
| JUKC.L | WDEP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.95% | -19.56% | +6.61% |
Max Drawdown (1Y)Largest decline over 1 year | -8.75% | -19.56% | +10.81% |
Max Drawdown (3Y)Largest decline over 3 years | -12.95% | — | — |
Current DrawdownCurrent decline from peak | -3.36% | -14.70% | +11.34% |
Average DrawdownAverage peak-to-trough decline | -2.18% | -6.15% | +3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 8.32% | -5.80% |
Volatility
JUKC.L vs. WDEP.L - Volatility Comparison
The current volatility for JPMorgan UK Equity Core UCITS ETF GBP (acc) (JUKC.L) is 3.94%, while WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.L) has a volatility of 10.28%. This indicates that JUKC.L experiences smaller price fluctuations and is considered to be less risky than WDEP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JUKC.L | WDEP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.94% | 10.28% | -6.34% |
Volatility (6M)Calculated over the trailing 6-month period | 9.39% | 22.06% | -12.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.84% | 28.59% | -17.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.06% | 30.09% | -18.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.06% | 30.09% | -18.03% |
JUKC.L vs. WDEP.L - Expense Ratio Comparison
JUKC.L has a 0.25% expense ratio, which is lower than WDEP.L's 0.45% expense ratio.
Dividends
JUKC.L vs. WDEP.L - Dividend Comparison
Neither JUKC.L nor WDEP.L has paid dividends to shareholders.
Frequently Asked Questions
JUKC.L and WDEP.L have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JUKC.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JUKC.L is cheaper with a 0.25% expense ratio, compared with 0.45% for WDEP.L.
JUKC.L tracks FTSE AllSh TR GBP, while WDEP.L tracks WisdomTree Europe Defence Index. They also come from different issuers: JPMorgan and WisdomTree. Their fees differ too: 0.25% for JUKC.L and 0.45% for WDEP.L.
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