WTD7.DE vs. XSOE.DE

Last updated Jun 5, 2026

WTD7.DE (WisdomTree Europe SmallCap Dividend UCITS ETF Acc) and XSOE.DE (WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF) are both exchange-traded funds - WTD7.DE is a Europe Equities fund tracking the WisdomTree Europe SmallCap Dividend, while XSOE.DE is a Emerging Markets Equities fund tracking the WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened. Both are passively managed. Over the past 3 years, WTD7.DE returned 11.54%/yr vs 18.45%/yr for XSOE.DE. A 0.57 correlation means they provide meaningful diversification when combined. WTD7.DE charges 0.38%/yr vs 0.32%/yr for XSOE.DE.

Performance

WTD7.DE vs. XSOE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Europe SmallCap Dividend UCITS ETF Acc (WTD7.DE) and WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTD7.DE achieves a 6.85% return, which is significantly lower than XSOE.DE's 24.59% return.

WTD7.DE

• 1D: 0.77%
• 1M: 0.61%
• YTD: 6.85%
• 6M: 9.31%
• 1Y: 11.30%
• 3Y*: 11.54%
• 5Y*: 5.48%
• 10Y*: —

XSOE.DE

• 1D: -1.43%
• 1M: 3.69%
• YTD: 24.59%
• 6M: 25.63%
• 1Y: 45.75%
• 3Y*: 18.45%
• 5Y*: —
• 10Y*: —

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

WTD7.DE vs. XSOE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WTD7.DE WisdomTree Europe SmallCap Dividend UCITS ETF Acc	6.85%	17.19%	5.65%	10.32%	-15.50%	2.37%
XSOE.DE WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF	24.59%	16.93%	10.26%	6.05%	-19.00%	3.24%

Correlation

The correlation between WTD7.DE and XSOE.DE is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021	0.57

The correlation between WTD7.DE and XSOE.DE has been stable across timeframes, ranging from 0.53 to 0.57 - a consistent structural relationship.

Return for Risk

WTD7.DE vs. XSOE.DE — Risk / Return Rank

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

WTD7.DE

WTD7.DE Risk / Return Rank: 28
WTD7.DE Sharpe Ratio Rank: 27
WTD7.DE Sortino Ratio Rank: 26
WTD7.DE Omega Ratio Rank: 26
WTD7.DE Calmar Ratio Rank: 28
WTD7.DE Martin Ratio Rank: 31

XSOE.DE

XSOE.DE Risk / Return Rank: 81
XSOE.DE Sharpe Ratio Rank: 81
XSOE.DE Sortino Ratio Rank: 79
XSOE.DE Omega Ratio Rank: 80
XSOE.DE Calmar Ratio Rank: 83
XSOE.DE Martin Ratio Rank: 82

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.

WTD7.DE vs. XSOE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe SmallCap Dividend UCITS ETF Acc (WTD7.DE) and WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.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.

	WTD7.DE	XSOE.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.94	2.60	-1.66
Sortino ratio: Return per unit of downside risk	1.37	3.50	-2.13
Omega ratio: Gain probability vs. loss probability	1.17	1.47	-0.30
Calmar ratio: Return relative to maximum drawdown	1.35	4.33	-2.98
Martin ratio: Return relative to average drawdown	4.48	15.99	-11.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTD7.DE vs. XSOE.DE - Sharpe Ratio Comparison

The current WTD7.DE Sharpe Ratio is 0.94, which is lower than the XSOE.DE Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of WTD7.DE and XSOE.DE, 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

	WTD7.DE	XSOE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	2.60	-1.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.44	-0.04

Drawdowns

WTD7.DE vs. XSOE.DE - Drawdown Comparison

The maximum WTD7.DE drawdown since its inception was -43.81%, which is greater than XSOE.DE's maximum drawdown of -27.69%. Use the drawdown chart below to compare losses from any high point for WTD7.DE and XSOE.DE.

Drawdown Indicators

	WTD7.DE	XSOE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-43.81%	-27.69%	-16.12%
Max Drawdown (1Y) Largest decline over 1 year	-8.60%	-10.85%	+2.25%
Max Drawdown (3Y) Largest decline over 3 years	-13.97%	-19.83%	+5.86%
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	—	—
Current Drawdown Current decline from peak	-1.81%	-2.39%	+0.58%
Average Drawdown Average peak-to-trough decline	-7.60%	-12.90%	+5.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	2.94%	-0.34%

Volatility

WTD7.DE vs. XSOE.DE - Volatility Comparison

The current volatility for WisdomTree Europe SmallCap Dividend UCITS ETF Acc (WTD7.DE) is 3.55%, while WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.DE) has a volatility of 7.20%. This indicates that WTD7.DE experiences smaller price fluctuations and is considered to be less risky than XSOE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTD7.DE	XSOE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	7.20%	-3.65%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	15.05%	-5.14%
Volatility (1Y) Calculated over the trailing 1-year period	12.40%	18.10%	-5.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.71%	17.27%	-1.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.81%	17.27%	+1.54%

WTD7.DE vs. XSOE.DE - Expense Ratio Comparison

WTD7.DE has a 0.38% expense ratio, which is higher than XSOE.DE's 0.32% expense ratio.

Dividends

WTD7.DE vs. XSOE.DE - Dividend Comparison

Neither WTD7.DE nor XSOE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WTD7.DE and XSOE.DE in my portfolio?

WTD7.DE and XSOE.DE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTD7.DE or XSOE.DE?

On fees, XSOE.DE is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTD7.DE or XSOE.DE?

XSOE.DE is cheaper with a 0.32% expense ratio, compared with 0.38% for WTD7.DE.

What is the main difference between WTD7.DE and XSOE.DE?

WTD7.DE is categorized as Europe Equities, while XSOE.DE is Emerging Markets Equities. WTD7.DE tracks WisdomTree Europe SmallCap Dividend, while XSOE.DE tracks WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened. Their fees differ too: 0.38% for WTD7.DE and 0.32% for XSOE.DE.