PAH3.DE vs. WTEE.DE

Last updated Jun 5, 2026

PAH3.DE (Porsche Automobil Holding SE) is a stock, while WTEE.DE (WisdomTree Europe Equity Income UCITS ETF) is Europe Equities fund tracking the WisdomTree Europe Equity Income. Over the past 5 years, PAH3.DE returned -17.51%/yr vs 12.46%/yr for WTEE.DE. At a 0.48 correlation, their price movements are largely independent.

Performance

PAH3.DE vs. WTEE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Porsche Automobil Holding SE (PAH3.DE) and WisdomTree Europe Equity Income UCITS ETF (WTEE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAH3.DE achieves a -22.82% return, which is significantly lower than WTEE.DE's 13.70% return.

PAH3.DE

• 1D: -1.25%
• 1M: -2.47%
• YTD: -22.82%
• 6M: -23.87%
• 1Y: -10.64%
• 3Y*: -13.31%
• 5Y*: -17.51%
• 10Y*: -0.29%

WTEE.DE

• 1D: -0.26%
• 1M: 0.42%
• YTD: 13.70%
• 6M: 16.59%
• 1Y: 26.04%
• 3Y*: 17.15%
• 5Y*: 12.46%
• 10Y*: —

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

PAH3.DE vs. WTEE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PAH3.DE Porsche Automobil Holding SE	-22.82%	15.89%	-17.22%	-5.20%	-36.50%	51.56%	13.41%
WTEE.DE WisdomTree Europe Equity Income UCITS ETF	13.70%	28.40%	2.20%	15.07%	0.05%	18.73%	6.60%

Correlation

The correlation between PAH3.DE and WTEE.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Aug 19, 2020	0.48

The correlation between PAH3.DE and WTEE.DE shifts across timeframes, from 0.40 (1 year) to 0.52 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

PAH3.DE vs. WTEE.DE — Risk / Return Rank

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

PAH3.DE

PAH3.DE Risk / Return Rank: 24
PAH3.DE Sharpe Ratio Rank: 22
PAH3.DE Sortino Ratio Rank: 20
PAH3.DE Omega Ratio Rank: 21
PAH3.DE Calmar Ratio Rank: 28
PAH3.DE Martin Ratio Rank: 27

WTEE.DE

WTEE.DE Risk / Return Rank: 74
WTEE.DE Sharpe Ratio Rank: 74
WTEE.DE Sortino Ratio Rank: 71
WTEE.DE Omega Ratio Rank: 73
WTEE.DE Calmar Ratio Rank: 76
WTEE.DE Martin Ratio Rank: 78

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.

PAH3.DE vs. WTEE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Porsche Automobil Holding SE (PAH3.DE) and WisdomTree Europe Equity Income UCITS ETF (WTEE.DE). 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.

	PAH3.DE	WTEE.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.44	2.35	-2.79
Sortino ratio: Return per unit of downside risk	-0.48	3.17	-3.65
Omega ratio: Gain probability vs. loss probability	0.94	1.43	-0.49
Calmar ratio: Return relative to maximum drawdown	-0.40	3.80	-4.20
Martin ratio: Return relative to average drawdown	-0.80	14.72	-15.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PAH3.DE vs. WTEE.DE - Sharpe Ratio Comparison

The current PAH3.DE Sharpe Ratio is -0.44, which is lower than the WTEE.DE Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of PAH3.DE and WTEE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PAH3.DE	WTEE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	2.35	-2.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.59	0.93	-1.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	1.08	-0.84

Drawdowns

PAH3.DE vs. WTEE.DE - Drawdown Comparison

The maximum PAH3.DE drawdown since its inception was -82.38%, which is greater than WTEE.DE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for PAH3.DE and WTEE.DE.

Drawdown Indicators

	PAH3.DE	WTEE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-82.38%	-16.45%	-65.93%
Max Drawdown (1Y) Largest decline over 1 year	-25.26%	-6.78%	-18.48%
Max Drawdown (3Y) Largest decline over 3 years	-39.91%	-14.12%	-25.79%
Max Drawdown (5Y) Largest decline over 5 years	-63.56%	-16.45%	-47.11%
Max Drawdown (10Y) Largest decline over 10 years	-63.56%	—	—
Current Drawdown Current decline from peak	-62.35%	-1.96%	-60.39%
Average Drawdown Average peak-to-trough decline	-35.17%	-2.65%	-32.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.74%	1.75%	+10.99%

Volatility

PAH3.DE vs. WTEE.DE - Volatility Comparison

Porsche Automobil Holding SE (PAH3.DE) has a higher volatility of 4.59% compared to WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) at 3.73%. This indicates that PAH3.DE's price experiences larger fluctuations and is considered to be riskier than WTEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAH3.DE	WTEE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.59%	3.73%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	16.66%	8.73%	+7.93%
Volatility (1Y) Calculated over the trailing 1-year period	23.18%	10.94%	+12.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.16%	14.50%	+14.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.53%	14.99%	+16.54%

Dividends

PAH3.DE vs. WTEE.DE - Dividend Comparison

PAH3.DE has not paid dividends to shareholders, while WTEE.DE's dividend yield for the trailing twelve months is around 4.55%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PAH3.DE Porsche Automobil Holding SE	0.00%	4.78%	7.04%	5.53%	5.00%	2.65%	9.43%	3.32%	3.41%	1.45%	1.95%	4.02%
WTEE.DE WisdomTree Europe Equity Income UCITS ETF	4.55%	5.37%	6.81%	5.61%	5.35%	4.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PAH3.DE and WTEE.DE in my portfolio?

PAH3.DE and WTEE.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.