WRNW.DE vs. EUDF.DE
WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) and EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) are both exchange-traded funds - WRNW.DE is a Energy Equities fund tracking the WisdomTree Renewable Energy, while EUDF.DE is a Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR). Both are passively managed. Over the past year, WRNW.DE returned 107.60% vs -5.09% for EUDF.DE. At a 0.25 correlation, their price movements are largely independent. WRNW.DE charges 0.45%/yr vs 0.40%/yr for EUDF.DE.
Performance
WRNW.DE vs. EUDF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WRNW.DE achieves a 30.17% return, which is significantly higher than EUDF.DE's 2.51% return.
WRNW.DE
- 1D
- -2.37%
- 1M
- 3.73%
- YTD
- 30.17%
- 6M
- 29.38%
- 1Y
- 107.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EUDF.DE
- 1D
- 1.22%
- 1M
- -6.45%
- YTD
- 2.51%
- 6M
- 5.34%
- 1Y
- -5.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WRNW.DE vs. EUDF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 30.17% | 64.73% |
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 2.51% | 18.55% |
Correlation
The correlation between WRNW.DE and EUDF.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.25 |
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Return for Risk
WRNW.DE vs. EUDF.DE — Risk / Return Rank
WRNW.DE
EUDF.DE
WRNW.DE vs. EUDF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) and WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.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.
| WRNW.DE | EUDF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.66 | ||
| Sortino ratioReturn per unit of downside risk | +4.00 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.00 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 7.07 | -0.17 | +7.24 |
| Martin ratioReturn relative to average drawdown | 23.97 | -0.39 | +24.35 |
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
| WRNW.DE | EUDF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.54 | -0.12 | +3.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.55 | -0.19 |
Drawdowns
WRNW.DE vs. EUDF.DE - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -49.14%, which is greater than EUDF.DE's maximum drawdown of -19.51%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and EUDF.DE.
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Drawdown Indicators
| WRNW.DE | EUDF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.14% | -19.51% | -29.63% |
Max Drawdown (1Y)Largest decline over 1 year | -15.04% | -19.51% | +4.47% |
Current DrawdownCurrent decline from peak | -4.04% | -14.05% | +10.01% |
Average DrawdownAverage peak-to-trough decline | -20.88% | -6.55% | -14.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 8.29% | -3.85% |
Volatility
WRNW.DE vs. EUDF.DE - Volatility Comparison
WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) and WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) have volatilities of 10.28% and 9.95%, 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
| WRNW.DE | EUDF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.28% | 9.95% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 19.33% | 22.54% | -3.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.01% | 29.15% | +0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.02% | 30.89% | -4.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.02% | 30.89% | -4.87% |
WRNW.DE vs. EUDF.DE - Expense Ratio Comparison
WRNW.DE has a 0.45% expense ratio, which is higher than EUDF.DE's 0.40% expense ratio.
Dividends
WRNW.DE vs. EUDF.DE - Dividend Comparison
Neither WRNW.DE nor EUDF.DE has paid dividends to shareholders.
Frequently Asked Questions
WRNW.DE and EUDF.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUDF.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUDF.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for WRNW.DE.
WRNW.DE is categorized as Energy Equities, while EUDF.DE is Aerospace & Defense. WRNW.DE tracks WisdomTree Renewable Energy, while EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR). Their fees differ too: 0.45% for WRNW.DE and 0.40% for EUDF.DE.
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