PIT vs. WTIC.DE
Compare and contrast key facts about VanEck Commodity Strategy ETF (PIT) and WisdomTree Enhanced Commodity UCITS ETF USD Acc (WTIC.DE).
PIT and WTIC.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PIT is an actively managed fund by VanEck. It was launched on Dec 20, 2022. WTIC.DE is a passively managed fund by WisdomTree that tracks the performance of the Optimised Roll Commodity. It was launched on Apr 27, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIT or WTIC.DE.
Correlation
The correlation between PIT and WTIC.DE is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PIT vs. WTIC.DE - Performance Comparison
Key characteristics
PIT:
0.65
WTIC.DE:
1.41
PIT:
1.00
WTIC.DE:
2.08
PIT:
1.12
WTIC.DE:
1.25
PIT:
0.77
WTIC.DE:
0.64
PIT:
2.17
WTIC.DE:
4.02
PIT:
4.08%
WTIC.DE:
4.10%
PIT:
13.70%
WTIC.DE:
11.62%
PIT:
-12.27%
WTIC.DE:
-25.90%
PIT:
-0.87%
WTIC.DE:
-11.77%
Returns By Period
In the year-to-date period, PIT achieves a 5.21% return, which is significantly lower than WTIC.DE's 7.25% return.
PIT
5.21%
0.17%
7.95%
9.32%
N/A
N/A
WTIC.DE
7.25%
1.63%
16.20%
17.70%
N/A
N/A
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PIT vs. WTIC.DE - Expense Ratio Comparison
PIT has a 0.55% expense ratio, which is higher than WTIC.DE's 0.35% expense ratio.
Risk-Adjusted Performance
PIT vs. WTIC.DE — Risk-Adjusted Performance Rank
PIT
WTIC.DE
PIT vs. WTIC.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Commodity Strategy ETF (PIT) and WisdomTree Enhanced Commodity UCITS ETF USD Acc (WTIC.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.
Dividends
PIT vs. WTIC.DE - Dividend Comparison
PIT's dividend yield for the trailing twelve months is around 3.41%, while WTIC.DE has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
PIT VanEck Commodity Strategy ETF | 3.41% | 3.59% | 6.44% |
WTIC.DE WisdomTree Enhanced Commodity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% |
Drawdowns
PIT vs. WTIC.DE - Drawdown Comparison
The maximum PIT drawdown since its inception was -12.27%, smaller than the maximum WTIC.DE drawdown of -25.90%. Use the drawdown chart below to compare losses from any high point for PIT and WTIC.DE. For additional features, visit the drawdowns tool.
Volatility
PIT vs. WTIC.DE - Volatility Comparison
The current volatility for VanEck Commodity Strategy ETF (PIT) is 2.51%, while WisdomTree Enhanced Commodity UCITS ETF USD Acc (WTIC.DE) has a volatility of 2.89%. This indicates that PIT experiences smaller price fluctuations and is considered to be less risky than WTIC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.