WPEA.PA vs. DGGE.PA

Last updated Jun 5, 2026

WPEA.PA (iShares MSCI World Swap PEA UCITS ETF) and DGGE.PA (iShares Digital Entertainment and Education UCITS ETF USD Accumulating) are both exchange-traded funds - WPEA.PA is a Global Equities fund tracking the MSCI World NET TR EUR Index, while DGGE.PA is a Technology Equities fund tracking the STOXX Global Digital Entertainment and Education. Both are passively managed. Over the past year, WPEA.PA returned 23.56% vs 32.54% for DGGE.PA. A 0.76 correlation means they provide meaningful diversification when combined. WPEA.PA charges 0.25%/yr vs 0.40%/yr for DGGE.PA.

Performance

WPEA.PA vs. DGGE.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI World Swap PEA UCITS ETF (WPEA.PA) and iShares Digital Entertainment and Education UCITS ETF USD Accumulating (DGGE.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WPEA.PA achieves a 11.02% return, which is significantly lower than DGGE.PA's 28.24% return.

WPEA.PA

• 1D: -0.06%
• 1M: 3.63%
• YTD: 11.02%
• 6M: 10.90%
• 1Y: 23.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DGGE.PA

• 1D: -1.20%
• 1M: 12.22%
• YTD: 28.24%
• 6M: 25.10%
• 1Y: 32.54%
• 3Y*: 29.70%
• 5Y*: —
• 10Y*: —

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

WPEA.PA vs. DGGE.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WPEA.PA iShares MSCI World Swap PEA UCITS ETF	11.02%	6.89%	14.51%
DGGE.PA iShares Digital Entertainment and Education UCITS ETF USD Accumulating	28.24%	8.56%	28.77%

Correlation

The correlation between WPEA.PA and DGGE.PA is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (All Time) Calculated using the full available price history since Apr 3, 2024	0.76

The correlation between WPEA.PA and DGGE.PA has been stable across timeframes, ranging from 0.75 to 0.76 - a consistent structural relationship.

Return for Risk

WPEA.PA vs. DGGE.PA — Risk / Return Rank

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

WPEA.PA

WPEA.PA Risk / Return Rank: 70
WPEA.PA Sharpe Ratio Rank: 66
WPEA.PA Sortino Ratio Rank: 66
WPEA.PA Omega Ratio Rank: 69
WPEA.PA Calmar Ratio Rank: 72
WPEA.PA Martin Ratio Rank: 75

DGGE.PA

DGGE.PA Risk / Return Rank: 42
DGGE.PA Sharpe Ratio Rank: 49
DGGE.PA Sortino Ratio Rank: 49
DGGE.PA Omega Ratio Rank: 46
DGGE.PA Calmar Ratio Rank: 38
DGGE.PA Martin Ratio Rank: 29

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.

WPEA.PA vs. DGGE.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Swap PEA UCITS ETF (WPEA.PA) and iShares Digital Entertainment and Education UCITS ETF USD Accumulating (DGGE.PA). 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.

	WPEA.PA	DGGE.PA	Difference
Sharpe ratio: Return per unit of total volatility	2.14	1.67	+0.47
Sortino ratio: Return per unit of downside risk	3.00	2.37	+0.63
Omega ratio: Gain probability vs. loss probability	1.40	1.29	+0.12
Calmar ratio: Return relative to maximum drawdown	3.57	1.83	+1.74
Martin ratio: Return relative to average drawdown	14.20	4.05	+10.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WPEA.PA vs. DGGE.PA - Sharpe Ratio Comparison

The current WPEA.PA Sharpe Ratio is 2.14, which is comparable to the DGGE.PA Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of WPEA.PA and DGGE.PA, 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

	WPEA.PA	DGGE.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	1.67	+0.47
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	1.31	-0.28

Drawdowns

WPEA.PA vs. DGGE.PA - Drawdown Comparison

The maximum WPEA.PA drawdown since its inception was -21.59%, smaller than the maximum DGGE.PA drawdown of -25.94%. Use the drawdown chart below to compare losses from any high point for WPEA.PA and DGGE.PA.

Drawdown Indicators

	WPEA.PA	DGGE.PA	Difference
Max Drawdown Largest peak-to-trough decline	-21.59%	-25.94%	+4.35%
Max Drawdown (1Y) Largest decline over 1 year	-6.53%	-18.04%	+11.51%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.94%	—
Current Drawdown Current decline from peak	-0.37%	-1.87%	+1.50%
Average Drawdown Average peak-to-trough decline	-3.02%	-5.25%	+2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	8.21%	-6.56%

Volatility

WPEA.PA vs. DGGE.PA - Volatility Comparison

The current volatility for iShares MSCI World Swap PEA UCITS ETF (WPEA.PA) is 2.59%, while iShares Digital Entertainment and Education UCITS ETF USD Accumulating (DGGE.PA) has a volatility of 6.94%. This indicates that WPEA.PA experiences smaller price fluctuations and is considered to be less risky than DGGE.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WPEA.PA	DGGE.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	6.94%	-4.35%
Volatility (6M) Calculated over the trailing 6-month period	7.55%	15.47%	-7.92%
Volatility (1Y) Calculated over the trailing 1-year period	10.88%	19.79%	-8.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.57%	20.46%	-5.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.57%	20.46%	-5.89%

WPEA.PA vs. DGGE.PA - Expense Ratio Comparison

WPEA.PA has a 0.25% expense ratio, which is lower than DGGE.PA's 0.40% expense ratio.

Dividends

WPEA.PA vs. DGGE.PA - Dividend Comparison

Neither WPEA.PA nor DGGE.PA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WPEA.PA and DGGE.PA in my portfolio?

WPEA.PA and DGGE.PA have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WPEA.PA or DGGE.PA?

On fees, WPEA.PA is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WPEA.PA or DGGE.PA?

WPEA.PA is cheaper with a 0.25% expense ratio, compared with 0.40% for DGGE.PA.

What is the main difference between WPEA.PA and DGGE.PA?

WPEA.PA is categorized as Global Equities, while DGGE.PA is Technology Equities. WPEA.PA tracks MSCI World NET TR EUR Index, while DGGE.PA tracks STOXX Global Digital Entertainment and Education. Their fees differ too: 0.25% for WPEA.PA and 0.40% for DGGE.PA.