WDEP.L vs. INTL.L

Last updated Jun 4, 2026

WDEP.L (WisdomTree Europe Defence UCITS ETF EUR Accumulating) and INTL.L (WisdomTree Artificial Intelligence UCITS ETF - USD Acc) are both exchange-traded funds - WDEP.L is a Europe Equities fund tracking the WisdomTree Europe Defence Index, while INTL.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past year, WDEP.L returned -2.66% vs 96.68% for INTL.L. At a 0.30 correlation, their price movements are largely independent. WDEP.L charges 0.45%/yr vs 0.40%/yr for INTL.L.

Performance

WDEP.L vs. INTL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.L) and WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WDEP.L achieves a -0.21% return, which is significantly lower than INTL.L's 50.10% return.

WDEP.L

• 1D: -1.09%
• 1M: -3.26%
• YTD: -0.21%
• 6M: 3.94%
• 1Y: -2.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

INTL.L

• 1D: -0.17%
• 1M: 25.51%
• YTD: 50.10%
• 6M: 51.64%
• 1Y: 96.68%
• 3Y*: 31.07%
• 5Y*: 17.40%
• 10Y*: —

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

WDEP.L vs. INTL.L - Yearly Performance Comparison

	2026 (YTD)	2025
WDEP.L WisdomTree Europe Defence UCITS ETF EUR Accumulating	-0.21%	20.67%
INTL.L WisdomTree Artificial Intelligence UCITS ETF - USD Acc	50.10%	36.77%

Correlation

The correlation between WDEP.L and INTL.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Mar 13, 2025	0.30

Return for Risk

WDEP.L vs. INTL.L — Risk / Return Rank

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

WDEP.L

WDEP.L Risk / Return Rank: 8
WDEP.L Sharpe Ratio Rank: 8
WDEP.L Sortino Ratio Rank: 8
WDEP.L Omega Ratio Rank: 8
WDEP.L Calmar Ratio Rank: 8
WDEP.L Martin Ratio Rank: 7

INTL.L

INTL.L Risk / Return Rank: 91
INTL.L Sharpe Ratio Rank: 95
INTL.L Sortino Ratio Rank: 92
INTL.L Omega Ratio Rank: 89
INTL.L Calmar Ratio Rank: 92
INTL.L Martin Ratio Rank: 88

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.

WDEP.L vs. INTL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.L) and WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.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.

	WDEP.L	INTL.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.09	3.85	-3.95
Sortino ratio: Return per unit of downside risk	0.07	4.47	-4.40
Omega ratio: Gain probability vs. loss probability	1.01	1.58	-0.57
Calmar ratio: Return relative to maximum drawdown	-0.14	6.37	-6.50
Martin ratio: Return relative to average drawdown	-0.32	19.68	-20.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WDEP.L vs. INTL.L - Sharpe Ratio Comparison

The current WDEP.L Sharpe Ratio is -0.09, which is lower than the INTL.L Sharpe Ratio of 3.85. The chart below compares the historical Sharpe Ratios of WDEP.L and INTL.L, 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

	WDEP.L	INTL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	3.85	-3.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.95	-0.40

Drawdowns

WDEP.L vs. INTL.L - Drawdown Comparison

The maximum WDEP.L drawdown since its inception was -19.56%, smaller than the maximum INTL.L drawdown of -37.71%. Use the drawdown chart below to compare losses from any high point for WDEP.L and INTL.L.

Drawdown Indicators

	WDEP.L	INTL.L	Difference
Max Drawdown Largest peak-to-trough decline	-19.56%	-37.71%	+18.15%
Max Drawdown (1Y) Largest decline over 1 year	-19.56%	-15.10%	-4.46%
Max Drawdown (3Y) Largest decline over 3 years	—	-33.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-36.92%	—
Current Drawdown Current decline from peak	-15.83%	-0.17%	-15.66%
Average Drawdown Average peak-to-trough decline	-6.13%	-11.00%	+4.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.37%	4.90%	+3.47%

Volatility

WDEP.L vs. INTL.L - Volatility Comparison

WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.L) has a higher volatility of 10.30% compared to WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.L) at 9.73%. This indicates that WDEP.L's price experiences larger fluctuations and is considered to be riskier than INTL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WDEP.L	INTL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.30%	9.73%	+0.57%
Volatility (6M) Calculated over the trailing 6-month period	22.17%	18.45%	+3.72%
Volatility (1Y) Calculated over the trailing 1-year period	28.59%	25.03%	+3.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.11%	25.61%	+4.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.11%	26.29%	+3.82%

WDEP.L vs. INTL.L - Expense Ratio Comparison

WDEP.L has a 0.45% expense ratio, which is higher than INTL.L's 0.40% expense ratio.

Dividends

WDEP.L vs. INTL.L - Dividend Comparison

Neither WDEP.L nor INTL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WDEP.L and INTL.L in my portfolio?

WDEP.L and INTL.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDEP.L or INTL.L?

On fees, INTL.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDEP.L or INTL.L?

INTL.L is cheaper with a 0.40% expense ratio, compared with 0.45% for WDEP.L.

What is the main difference between WDEP.L and INTL.L?

WDEP.L is categorized as Europe Equities, while INTL.L is Technology Equities. WDEP.L tracks WisdomTree Europe Defence Index, while INTL.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.45% for WDEP.L and 0.40% for INTL.L.