WDGF vs. EUAD

Last updated Jun 24, 2026

WDGF (WisdomTree Global Defense Fund) and EUAD (Select STOXX Europe Aerospace & Defense ETF) are both Aerospace & Defense funds - WDGF tracks the WisdomTree Global Defense Index while EUAD tracks the STOXX Europe Total Market Aerospace & Defense Index. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. WDGF charges 0.45%/yr vs 0.50%/yr for EUAD.

Performance

WDGF vs. EUAD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Global Defense Fund (WDGF) and Select STOXX Europe Aerospace & Defense ETF (EUAD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WDGF achieves a 0.72% return, which is significantly higher than EUAD's -0.83% return.

WDGF

• 1D: -0.60%
• 1M: -4.73%
• YTD: 0.72%
• 6M: -0.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EUAD

• 1D: -0.21%
• 1M: 4.27%
• YTD: -0.83%
• 6M: -1.18%
• 1Y: 3.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WDGF vs. EUAD - Yearly Performance Comparison

	2026 (YTD)	2025
WDGF WisdomTree Global Defense Fund	0.72%	-0.39%
EUAD Select STOXX Europe Aerospace & Defense ETF	-0.83%	-5.33%

Correlation

The correlation between WDGF and EUAD is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 12, 2025	0.79

Return for Risk

WDGF vs. EUAD — Risk / Return Rank

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

WDGF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EUAD

EUAD Risk / Return Rank: 10
EUAD Sharpe Ratio Rank: 10
EUAD Sortino Ratio Rank: 11
EUAD Omega Ratio Rank: 10
EUAD Calmar Ratio Rank: 10
EUAD Martin Ratio Rank: 10

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.

WDGF vs. EUAD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Defense Fund (WDGF) and Select STOXX Europe Aerospace & Defense ETF (EUAD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WDGF	EUAD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.13	—
Sortino ratio: Return per unit of downside risk	—	0.40	—
Omega ratio: Gain probability vs. loss probability	—	1.05	—
Calmar ratio: Return relative to maximum drawdown	—	0.17	—
Martin ratio: Return relative to average drawdown	—	0.39	—

Drawdowns

WDGF vs. EUAD - Drawdown Comparison

The maximum WDGF drawdown since its inception was -14.73%, smaller than the maximum EUAD drawdown of -22.04%. Use the drawdown chart below to compare losses from any high point for WDGF and EUAD.

Drawdown Indicators

	WDGF	EUAD	Difference
Max Drawdown Largest peak-to-trough decline	-14.73%	-22.04%	+7.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.04%	—
Current Drawdown Current decline from peak	-14.73%	-13.46%	-1.27%
Average Drawdown Average peak-to-trough decline	-5.90%	-5.98%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.56%	—

Volatility

Volatility by Period

	WDGF	EUAD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.36%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.60%	29.18%	-6.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.60%	29.72%	-7.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.60%	29.72%	-7.12%

WDGF vs. EUAD - Expense Ratio Comparison

WDGF has a 0.45% expense ratio, which is lower than EUAD's 0.50% expense ratio.

Dividends

WDGF vs. EUAD - Dividend Comparison

WDGF's dividend yield for the trailing twelve months is around 0.05%, less than EUAD's 0.40% yield.

Position	TTM	2025	2024
EUAD Select STOXX Europe Aerospace & Defense ETF	0.40%	0.40%	0.10%
WDGF WisdomTree Global Defense Fund	0.05%	0.05%	0.00%

Frequently Asked Questions

Can I hold both WDGF and EUAD in my portfolio?

WDGF and EUAD have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDGF or EUAD?

On fees, WDGF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDGF or EUAD?

WDGF is cheaper with a 0.45% expense ratio, compared with 0.50% for EUAD.

Which ETF pays a higher dividend yield, WDGF or EUAD?

EUAD has the higher dividend yield at 0.40%, compared with 0.05% for WDGF.

What is the main difference between WDGF and EUAD?

WDGF tracks WisdomTree Global Defense Index, while EUAD tracks STOXX Europe Total Market Aerospace & Defense Index. They also come from different issuers: WisdomTree and Select Funds. Their fees differ too: 0.45% for WDGF and 0.50% for EUAD.