WREE.L vs. ESIH.L
WREE.L (WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc) and ESIH.L (iShares MSCI Europe Health Care Sector UCITS ETF) are both exchange-traded funds - WREE.L is a Rare Earth & Strategic Metals fund tracking the WisdomTree Strategic Metals and Rare Earths Miners Index, while ESIH.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past year, WREE.L returned 90.87% vs 8.13% for ESIH.L. At a 0.19 correlation, their price movements are largely independent. WREE.L charges 0.50%/yr vs 0.18%/yr for ESIH.L.
Performance
WREE.L vs. ESIH.L - Performance Comparison
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Different Trading Currencies
WREE.L is traded in GBp, while ESIH.L is traded in GBP. To make them comparable, the ESIH.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WREE.L achieves a 7.84% return, which is significantly higher than ESIH.L's -0.97% return.
WREE.L
- 1D
- 0.00%
- 1M
- -14.93%
- YTD
- 7.84%
- 6M
- 16.54%
- 1Y
- 90.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESIH.L
- 1D
- 0.82%
- 1M
- 1.83%
- YTD
- -0.97%
- 6M
- 0.00%
- 1Y
- 8.13%
- 3Y*
- 4.07%
- 5Y*
- 5.35%
- 10Y*
- —
WREE.L vs. ESIH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WREE.L WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc | 7.84% | 100.33% | 7,349.36% |
ESIH.L iShares MSCI Europe Health Care Sector UCITS ETF | -0.97% | 12.77% | -4.03% |
Correlation
The correlation between WREE.L and ESIH.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024 | 0.19 |
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Return for Risk
WREE.L vs. ESIH.L — Risk / Return Rank
WREE.L
ESIH.L
WREE.L vs. ESIH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L) and iShares MSCI Europe Health Care Sector UCITS ETF (ESIH.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.
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.
| WREE.L | ESIH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.08 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.32 | 0.51 | +2.82 |
| Martin ratioReturn relative to average drawdown | 7.72 | 1.20 | +6.52 |
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Drawdowns
WREE.L vs. ESIH.L - Drawdown Comparison
The maximum WREE.L drawdown since its inception was -27.50%, which is greater than ESIH.L's maximum drawdown of -24.47%. Use the drawdown chart below to compare losses from any high point for WREE.L and ESIH.L.
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Drawdown Indicators
| WREE.L | ESIH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.50% | -24.47% | -3.03% |
Max Drawdown (1Y)Largest decline over 1 year | -26.87% | -13.78% | -13.09% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.47% | — |
Current DrawdownCurrent decline from peak | -19.29% | -9.33% | -9.96% |
Average DrawdownAverage peak-to-trough decline | -10.25% | -7.90% | -2.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.56% | 5.75% | +5.81% |
Volatility
WREE.L vs. ESIH.L - Volatility Comparison
WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L) has a higher volatility of 12.90% compared to iShares MSCI Europe Health Care Sector UCITS ETF (ESIH.L) at 5.29%. This indicates that WREE.L's price experiences larger fluctuations and is considered to be riskier than ESIH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WREE.L | ESIH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.90% | 5.29% | +7.61% |
Volatility (6M)Calculated over the trailing 6-month period | 30.74% | 12.33% | +18.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.33% | 16.83% | +39.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5,411.89% | 17.54% | +5,394.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5,411.89% | 17.91% | +5,393.98% |
WREE.L vs. ESIH.L - Expense Ratio Comparison
WREE.L has a 0.50% expense ratio, which is higher than ESIH.L's 0.18% expense ratio.
Dividends
WREE.L vs. ESIH.L - Dividend Comparison
Neither WREE.L nor ESIH.L has paid dividends to shareholders.
Frequently Asked Questions
WREE.L and ESIH.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIH.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIH.L is cheaper with a 0.18% expense ratio, compared with 0.50% for WREE.L.
WREE.L is categorized as Rare Earth & Strategic Metals, while ESIH.L is Health & Biotech Equities. WREE.L tracks WisdomTree Strategic Metals and Rare Earths Miners Index, while ESIH.L tracks MSCI World/Health Care NR USD. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.50% for WREE.L and 0.18% for ESIH.L.
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