WREE.L vs. JEDI.DE
WREE.L (WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc) and JEDI.DE (VanEck Space Innovators 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 JEDI.DE is a Industrials Equities fund tracking the MVIS Global Space Industry ESG. Both are passively managed. Over the past year, WREE.L returned 90.87% vs 191.03% for JEDI.DE. At a 0.38 correlation, their price movements are largely independent. WREE.L charges 0.50%/yr vs 0.55%/yr for JEDI.DE.
Performance
WREE.L vs. JEDI.DE - Performance Comparison
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Different Trading Currencies
WREE.L is traded in GBp, while JEDI.DE is traded in EUR. To make them comparable, the JEDI.DE 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 lower than JEDI.DE's 75.52% return.
WREE.L
- 1D
- 0.00%
- 1M
- -14.93%
- YTD
- 7.84%
- 6M
- 16.54%
- 1Y
- 90.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JEDI.DE
- 1D
- 1.39%
- 1M
- 5.11%
- YTD
- 75.52%
- 6M
- 79.17%
- 1Y
- 191.03%
- 3Y*
- 65.93%
- 5Y*
- —
- 10Y*
- —
WREE.L vs. JEDI.DE - 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% |
JEDI.DE VanEck Space Innovators UCITS ETF | 75.52% | 81.10% | 66.45% |
Correlation
The correlation between WREE.L and JEDI.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024 | 0.38 |
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Return for Risk
WREE.L vs. JEDI.DE — Risk / Return Rank
WREE.L
JEDI.DE
WREE.L vs. JEDI.DE - 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 VanEck Space Innovators UCITS ETF (JEDI.DE). 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 | JEDI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.24 | ||
| Sortino ratioReturn per unit of downside risk | -2.43 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.58 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.32 | 9.24 | -5.92 |
| Martin ratioReturn relative to average drawdown | 7.72 | 30.25 | -22.53 |
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Drawdowns
WREE.L vs. JEDI.DE - Drawdown Comparison
The maximum WREE.L drawdown since its inception was -27.50%, roughly equal to the maximum JEDI.DE drawdown of -27.95%. Use the drawdown chart below to compare losses from any high point for WREE.L and JEDI.DE.
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Drawdown Indicators
| WREE.L | JEDI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.50% | -27.95% | +0.45% |
Max Drawdown (1Y)Largest decline over 1 year | -26.87% | -22.67% | -4.20% |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.95% | — |
Current DrawdownCurrent decline from peak | -19.29% | -13.95% | -5.34% |
Average DrawdownAverage peak-to-trough decline | -10.25% | -7.53% | -2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.56% | 6.94% | +4.62% |
Volatility
WREE.L vs. JEDI.DE - Volatility Comparison
The current volatility for WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L) is 12.90%, while VanEck Space Innovators UCITS ETF (JEDI.DE) has a volatility of 18.17%. This indicates that WREE.L experiences smaller price fluctuations and is considered to be less risky than JEDI.DE 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 | JEDI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.90% | 18.17% | -5.27% |
Volatility (6M)Calculated over the trailing 6-month period | 30.74% | 33.75% | -3.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.33% | 43.39% | +12.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5,411.89% | 31.93% | +5,379.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5,411.89% | 31.93% | +5,379.96% |
WREE.L vs. JEDI.DE - Expense Ratio Comparison
WREE.L has a 0.50% expense ratio, which is lower than JEDI.DE's 0.55% expense ratio.
Dividends
WREE.L vs. JEDI.DE - Dividend Comparison
Neither WREE.L nor JEDI.DE has paid dividends to shareholders.
Frequently Asked Questions
WREE.L and JEDI.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WREE.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WREE.L is cheaper with a 0.50% expense ratio, compared with 0.55% for JEDI.DE.
WREE.L is categorized as Rare Earth & Strategic Metals, while JEDI.DE is Industrials Equities. WREE.L tracks WisdomTree Strategic Metals and Rare Earths Miners Index, while JEDI.DE tracks MVIS Global Space Industry ESG. They also come from different issuers: WisdomTree and VanEck. Their fees differ too: 0.50% for WREE.L and 0.55% for JEDI.DE.
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