WTEE.DE vs. TDIV

Last updated Jun 5, 2026

WTEE.DE (WisdomTree Europe Equity Income UCITS ETF) and TDIV (First Trust NASDAQ Technology Dividend Index Fund) are both exchange-traded funds - WTEE.DE is a Europe Equities fund tracking the WisdomTree Europe Equity Income, while TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index. Both are passively managed. Over the past 5 years, WTEE.DE returned 12.46%/yr vs 20.06%/yr for TDIV. At a 0.22 correlation, their price movements are largely independent. WTEE.DE charges 0.29%/yr vs 0.50%/yr for TDIV.

Performance

WTEE.DE vs. TDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WTEE.DE is traded in EUR, while TDIV is traded in USD. To make them comparable, the TDIV values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, WTEE.DE achieves a 13.70% return, which is significantly lower than TDIV's 30.21% return.

WTEE.DE

• 1D: -0.26%
• 1M: 1.18%
• YTD: 13.70%
• 6M: 16.39%
• 1Y: 25.85%
• 3Y*: 17.15%
• 5Y*: 12.46%
• 10Y*: —

TDIV

• 1D: -1.54%
• 1M: 13.31%
• YTD: 30.21%
• 6M: 26.64%
• 1Y: 48.34%
• 3Y*: 29.61%
• 5Y*: 20.06%
• 10Y*: 18.88%

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

WTEE.DE vs. TDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WTEE.DE WisdomTree Europe Equity Income UCITS ETF	13.70%	28.40%	2.20%	15.07%	0.05%	18.73%	6.60%
TDIV First Trust NASDAQ Technology Dividend Index Fund	30.21%	10.41%	32.65%	32.61%	-17.30%	39.17%	9.97%

Correlation

The correlation between WTEE.DE and TDIV is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Aug 19, 2020	0.22

Return for Risk

WTEE.DE vs. TDIV — Risk / Return Rank

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

WTEE.DE

WTEE.DE Risk / Return Rank: 74
WTEE.DE Sharpe Ratio Rank: 74
WTEE.DE Sortino Ratio Rank: 71
WTEE.DE Omega Ratio Rank: 73
WTEE.DE Calmar Ratio Rank: 76
WTEE.DE Martin Ratio Rank: 78

TDIV

TDIV Risk / Return Rank: 82
TDIV Sharpe Ratio Rank: 85
TDIV Sortino Ratio Rank: 83
TDIV Omega Ratio Rank: 79
TDIV Calmar Ratio Rank: 86
TDIV Martin Ratio Rank: 78

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.

WTEE.DE vs. TDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). 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.

	WTEE.DE	TDIV	Difference
Sharpe ratio: Return per unit of total volatility	2.35	2.63	-0.28
Sortino ratio: Return per unit of downside risk	3.17	3.42	-0.25
Omega ratio: Gain probability vs. loss probability	1.43	1.44	-0.02
Calmar ratio: Return relative to maximum drawdown	3.80	5.05	-1.25
Martin ratio: Return relative to average drawdown	14.72	13.19	+1.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTEE.DE vs. TDIV - Sharpe Ratio Comparison

The current WTEE.DE Sharpe Ratio is 2.35, which is comparable to the TDIV Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of WTEE.DE and TDIV, 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

	WTEE.DE	TDIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	2.63	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	0.99	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.86	+0.22

Drawdowns

WTEE.DE vs. TDIV - Drawdown Comparison

The maximum WTEE.DE drawdown since its inception was -16.45%, smaller than the maximum TDIV drawdown of -33.35%. Use the drawdown chart below to compare losses from any high point for WTEE.DE and TDIV.

Drawdown Indicators

	WTEE.DE	TDIV	Difference
Max Drawdown Largest peak-to-trough decline	-16.45%	-33.35%	+16.90%
Max Drawdown (1Y) Largest decline over 1 year	-6.78%	-9.62%	+2.84%
Max Drawdown (3Y) Largest decline over 3 years	-14.12%	-26.94%	+12.82%
Max Drawdown (5Y) Largest decline over 5 years	-16.45%	-26.94%	+10.49%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.35%	—
Current Drawdown Current decline from peak	-1.96%	-3.04%	+1.08%
Average Drawdown Average peak-to-trough decline	-2.65%	-5.04%	+2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	3.68%	-1.93%

Volatility

WTEE.DE vs. TDIV - Volatility Comparison

The current volatility for WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) is 3.73%, while First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a volatility of 6.73%. This indicates that WTEE.DE experiences smaller price fluctuations and is considered to be less risky than TDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTEE.DE	TDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.73%	6.73%	-3.00%
Volatility (6M) Calculated over the trailing 6-month period	8.73%	13.56%	-4.83%
Volatility (1Y) Calculated over the trailing 1-year period	10.94%	18.48%	-7.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.50%	20.32%	-5.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.99%	21.18%	-6.19%

WTEE.DE vs. TDIV - Expense Ratio Comparison

WTEE.DE has a 0.29% expense ratio, which is lower than TDIV's 0.50% expense ratio.

Dividends

WTEE.DE vs. TDIV - Dividend Comparison

WTEE.DE's dividend yield for the trailing twelve months is around 4.55%, more than TDIV's 1.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TDIV First Trust NASDAQ Technology Dividend Index Fund	1.13%	1.40%	1.59%	1.74%	2.51%	1.76%	2.07%	2.27%	2.97%	2.27%	2.45%	2.52%
WTEE.DE WisdomTree Europe Equity Income UCITS ETF	4.55%	5.37%	6.81%	5.61%	5.35%	4.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTEE.DE and TDIV in my portfolio?

WTEE.DE and TDIV have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTEE.DE or TDIV?

On fees, WTEE.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTEE.DE or TDIV?

WTEE.DE is cheaper with a 0.29% expense ratio, compared with 0.50% for TDIV.

What is the main difference between WTEE.DE and TDIV?

WTEE.DE is categorized as Europe Equities, while TDIV is Technology Equities. WTEE.DE tracks WisdomTree Europe Equity Income, while TDIV tracks NASDAQ Technology Dividend Index. They also come from different issuers: WisdomTree and First Trust. Their fees differ too: 0.29% for WTEE.DE and 0.50% for TDIV.