WDEP.L vs. WDEF.L
Compare and contrast key facts about WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.L) and WisdomTree Europe Defence UCITS ETF - EUR Acc EUR (WDEF.L).
WDEP.L and WDEF.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WDEP.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Europe Defence Index. It was launched on Mar 4, 2025. 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. Both WDEP.L and WDEF.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
WDEP.L vs. WDEF.L - Performance Comparison
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WDEP.L vs. WDEF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDEP.L WisdomTree Europe Defence UCITS ETF EUR Accumulating | 7.07% | 7.30% |
WDEF.L WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | 14.27% | 22.37% |
Different Trading Currencies
WDEP.L is traded in GBp, while WDEF.L is traded in EUR. To make them comparable, the WDEF.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with WDEP.L having a 7.07% return and WDEF.L slightly higher at 7.27%.
WDEP.L
- 1D
- 3.03%
- 1M
- -7.52%
- YTD
- 7.07%
- 6M
- -5.24%
- 1Y
- 29.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WDEF.L
- 1D
- 0.00%
- 1M
- 17.37%
- YTD
- 7.27%
- 6M
- -4.28%
- 1Y
- 26.76%
- 3Y*
- 11.56%
- 5Y*
- 8.81%
- 10Y*
- —
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WDEP.L vs. WDEF.L - Expense Ratio Comparison
WDEP.L has a 0.45% expense ratio, which is higher than WDEF.L's 0.40% expense ratio.
Return for Risk
WDEP.L vs. WDEF.L — Risk / Return Rank
WDEP.L
WDEF.L
WDEP.L vs. WDEF.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 Europe Defence UCITS ETF - EUR Acc EUR (WDEF.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 | WDEF.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 0.35 | +0.49 |
Sortino ratioReturn per unit of downside risk | 1.31 | 1.11 | +0.20 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.14 | 1.57 | -0.43 |
Martin ratioReturn relative to average drawdown | 2.82 | 5.33 | -2.50 |
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
| WDEP.L | WDEF.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 0.35 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.38 | -0.01 |
Correlation
The correlation between WDEP.L and WDEF.L is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
WDEP.L vs. WDEF.L - Dividend Comparison
Neither WDEP.L nor WDEF.L has paid dividends to shareholders.
Drawdowns
WDEP.L vs. WDEF.L - Drawdown Comparison
The maximum WDEP.L drawdown since its inception was -23.44%, smaller than the maximum WDEF.L drawdown of -27.89%. Use the drawdown chart below to compare losses from any high point for WDEP.L and WDEF.L.
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Drawdown Indicators
| WDEP.L | WDEF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.44% | -35.48% | +12.04% |
Max Drawdown (1Y)Largest decline over 1 year | -23.44% | -25.81% | +2.37% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.24% | — |
Current DrawdownCurrent decline from peak | -12.65% | -3.95% | -8.70% |
Average DrawdownAverage peak-to-trough decline | -8.01% | -8.24% | +0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.43% | 8.18% | +1.25% |
Volatility
WDEP.L vs. WDEF.L - Volatility Comparison
The current volatility for WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.L) is 10.63%, while WisdomTree Europe Defence UCITS ETF - EUR Acc EUR (WDEF.L) has a volatility of 47.26%. This indicates that WDEP.L experiences smaller price fluctuations and is considered to be less risky than WDEF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDEP.L | WDEF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.63% | 47.26% | -36.63% |
Volatility (6M)Calculated over the trailing 6-month period | 27.86% | 69.04% | -41.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.90% | 75.09% | -40.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.82% | 42.79% | -5.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.82% | 41.61% | -4.79% |