WNEW.L vs. WTNR.L
WNEW.L (WisdomTree New Economy Real Estate UCITS ETF USD Dist) and WTNR.L (WisdomTree New Economy Real Estate UCITS ETF USD Acc) are both REIT funds from WisdomTree tracking the FTSE EPRA Nareit Global TR USD. Both are passively managed. Over the past 3 years, WNEW.L returned 16.70%/yr vs 16.68%/yr for WTNR.L. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.45% expense ratio.
Performance
WNEW.L vs. WTNR.L - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with WNEW.L having a 22.36% return and WTNR.L slightly higher at 22.49%.
WNEW.L
- 1D
- -1.10%
- 1M
- 7.07%
- YTD
- 22.36%
- 6M
- 20.28%
- 1Y
- 48.84%
- 3Y*
- 16.70%
- 5Y*
- —
- 10Y*
- —
WTNR.L
- 1D
- -0.94%
- 1M
- 7.19%
- YTD
- 22.49%
- 6M
- 20.45%
- 1Y
- 48.63%
- 3Y*
- 16.68%
- 5Y*
- —
- 10Y*
- —
WNEW.L vs. WTNR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 22.36% | 23.24% | -3.45% | 6.97% | -11.55% |
WTNR.L WisdomTree New Economy Real Estate UCITS ETF USD Acc | 22.49% | 22.86% | -3.23% | 7.76% | -11.51% |
Correlation
The correlation between WNEW.L and WTNR.L is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Feb 16, 2022 | 0.92 |
The correlation between WNEW.L and WTNR.L has been stable across timeframes, ranging from 0.92 to 0.97 - a consistent structural relationship.
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Return for Risk
WNEW.L vs. WTNR.L — Risk / Return Rank
WNEW.L
WTNR.L
WNEW.L vs. WTNR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) and WisdomTree New Economy Real Estate UCITS ETF USD Acc (WTNR.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.
| WNEW.L | WTNR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.40 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 3.77 | +0.04 |
| Martin ratioReturn relative to average drawdown | 9.87 | 9.73 | +0.14 |
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
| WNEW.L | WTNR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 2.48 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.48 | -0.05 |
Drawdowns
WNEW.L vs. WTNR.L - Drawdown Comparison
The maximum WNEW.L drawdown since its inception was -29.88%, roughly equal to the maximum WTNR.L drawdown of -29.28%. Use the drawdown chart below to compare losses from any high point for WNEW.L and WTNR.L.
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Drawdown Indicators
| WNEW.L | WTNR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.88% | -29.28% | -0.60% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -12.84% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -20.58% | -20.61% | +0.03% |
Current DrawdownCurrent decline from peak | -2.60% | -2.54% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -14.35% | -14.62% | +0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.93% | 4.98% | -0.05% |
Volatility
WNEW.L vs. WTNR.L - Volatility Comparison
WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) and WisdomTree New Economy Real Estate UCITS ETF USD Acc (WTNR.L) have volatilities of 7.58% and 7.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WNEW.L | WTNR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.58% | 7.73% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 13.79% | 13.68% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.54% | 19.55% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.21% | 18.20% | -0.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.21% | 18.20% | -0.99% |
WNEW.L vs. WTNR.L - Expense Ratio Comparison
Both WNEW.L and WTNR.L have an expense ratio of 0.45%.
Dividends
WNEW.L vs. WTNR.L - Dividend Comparison
WNEW.L's dividend yield for the trailing twelve months is around 1.30%, while WTNR.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 1.30% | 1.70% | 1.83% | 1.23% | 0.72% |
WTNR.L WisdomTree New Economy Real Estate UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, WNEW.L and WTNR.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WNEW.L and WTNR.L have the same expense ratio: 0.45% per year.
Both ETFs track FTSE EPRA Nareit Global TR USD.
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