WDEF.L vs. ESIN.L
Compare and contrast key facts about WisdomTree Europe Defence UCITS ETF - EUR Acc EUR (WDEF.L) and iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc (ESIN.L).
WDEF.L and ESIN.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WDEF.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Europe Defence UCITS Index. It was launched on Mar 4, 2025. ESIN.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Materials NR USD. It was launched on May 14, 2021. Both WDEF.L and ESIN.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
WDEF.L vs. ESIN.L - Performance Comparison
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WDEF.L vs. ESIN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WDEF.L WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | 13.88% | 26.22% | -2.46% | 20.25% | -19.48% | 9.20% |
ESIN.L iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc | 2.67% | 24.20% | 15.03% | 27.03% | -15.91% | 12.39% |
Different Trading Currencies
WDEF.L is traded in EUR, while ESIN.L is traded in GBP. To make them comparable, the ESIN.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDEF.L achieves a 13.88% return, which is significantly higher than ESIN.L's 2.67% return.
WDEF.L
- 1D
- 6.40%
- 1M
- 24.64%
- YTD
- 13.88%
- 6M
- 1.45%
- 1Y
- 28.91%
- 3Y*
- 14.17%
- 5Y*
- 9.60%
- 10Y*
- —
ESIN.L
- 1D
- 4.44%
- 1M
- -6.49%
- YTD
- 2.67%
- 6M
- 4.07%
- 1Y
- 17.44%
- 3Y*
- 18.35%
- 5Y*
- —
- 10Y*
- —
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WDEF.L vs. ESIN.L - Expense Ratio Comparison
WDEF.L has a 0.40% expense ratio, which is higher than ESIN.L's 0.18% expense ratio.
Return for Risk
WDEF.L vs. ESIN.L — Risk / Return Rank
WDEF.L
ESIN.L
WDEF.L vs. ESIN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Defence UCITS ETF - EUR Acc EUR (WDEF.L) and iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc (ESIN.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.
| WDEF.L | ESIN.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.38 | 0.86 | -0.49 |
Sortino ratioReturn per unit of downside risk | 1.16 | 1.26 | -0.10 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.17 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 1.35 | +0.50 |
Martin ratioReturn relative to average drawdown | 5.83 | 5.18 | +0.65 |
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
| WDEF.L | ESIN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 0.86 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.67 | -0.25 |
Correlation
The correlation between WDEF.L and ESIN.L is 0.61, 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.
Dividends
WDEF.L vs. ESIN.L - Dividend Comparison
Neither WDEF.L nor ESIN.L has paid dividends to shareholders.
Drawdowns
WDEF.L vs. ESIN.L - Drawdown Comparison
The maximum WDEF.L drawdown since its inception was -35.48%, which is greater than ESIN.L's maximum drawdown of -29.05%. Use the drawdown chart below to compare losses from any high point for WDEF.L and ESIN.L.
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Drawdown Indicators
| WDEF.L | ESIN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.48% | -24.82% | -10.66% |
Max Drawdown (1Y)Largest decline over 1 year | -25.81% | -14.11% | -11.70% |
Max Drawdown (5Y)Largest decline over 5 years | -30.24% | — | — |
Current DrawdownCurrent decline from peak | -3.95% | -8.65% | +4.70% |
Average DrawdownAverage peak-to-trough decline | -8.24% | -5.43% | -2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.18% | 3.56% | +4.62% |
Volatility
WDEF.L vs. ESIN.L - Volatility Comparison
WisdomTree Europe Defence UCITS ETF - EUR Acc EUR (WDEF.L) has a higher volatility of 47.36% compared to iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc (ESIN.L) at 9.57%. This indicates that WDEF.L's price experiences larger fluctuations and is considered to be riskier than ESIN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDEF.L | ESIN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 47.36% | 9.57% | +37.79% |
Volatility (6M)Calculated over the trailing 6-month period | 69.01% | 13.75% | +55.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.34% | 20.17% | +55.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.79% | 18.52% | +24.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.94% | 18.52% | +23.42% |