WTEH.DE vs. EUDF.DE
WTEH.DE (WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc) and EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) are both exchange-traded funds - WTEH.DE is a Commodities fund tracking the Optimized Roll Commodity (EUR Hedged), while EUDF.DE is a Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR). Both are passively managed. Over the past year, WTEH.DE returned 40.23% vs -5.09% for EUDF.DE. At a correlation of -0.01, they often move in opposite directions. WTEH.DE charges 0.35%/yr vs 0.40%/yr for EUDF.DE.
Performance
WTEH.DE vs. EUDF.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WTEH.DE achieves a 28.87% return, which is significantly higher than EUDF.DE's 2.51% return.
WTEH.DE
- 1D
- -1.21%
- 1M
- -0.63%
- YTD
- 28.87%
- 6M
- 30.95%
- 1Y
- 40.23%
- 3Y*
- 14.16%
- 5Y*
- 9.32%
- 10Y*
- —
EUDF.DE
- 1D
- 1.22%
- 1M
- -6.45%
- YTD
- 2.51%
- 6M
- 5.34%
- 1Y
- -5.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WTEH.DE vs. EUDF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WTEH.DE WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc | 28.87% | 9.30% |
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 2.51% | 18.55% |
Correlation
The correlation between WTEH.DE and EUDF.DE is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | -0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WTEH.DE vs. EUDF.DE — Risk / Return Rank
WTEH.DE
EUDF.DE
WTEH.DE vs. EUDF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc (WTEH.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.
| WTEH.DE | EUDF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.61 | ||
| Sortino ratioReturn per unit of downside risk | +3.11 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.00 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 6.93 | -0.17 | +7.10 |
| Martin ratioReturn relative to average drawdown | 15.94 | -0.39 | +16.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WTEH.DE | EUDF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | -0.12 | +2.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.55 | +0.30 |
Drawdowns
WTEH.DE vs. EUDF.DE - Drawdown Comparison
The maximum WTEH.DE drawdown since its inception was -28.22%, 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 WTEH.DE and EUDF.DE.
Loading charts...
Drawdown Indicators
| WTEH.DE | EUDF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.22% | -19.51% | -8.71% |
Max Drawdown (1Y)Largest decline over 1 year | -5.93% | -19.51% | +13.58% |
Max Drawdown (3Y)Largest decline over 3 years | -10.31% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -28.22% | — | — |
Current DrawdownCurrent decline from peak | -4.05% | -14.05% | +10.00% |
Average DrawdownAverage peak-to-trough decline | -14.64% | -6.55% | -8.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 8.29% | -5.71% |
Volatility
WTEH.DE vs. EUDF.DE - Volatility Comparison
The current volatility for WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc (WTEH.DE) is 5.17%, while WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a volatility of 9.95%. This indicates that WTEH.DE experiences smaller price fluctuations and is considered to be less risky than EUDF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WTEH.DE | EUDF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.17% | 9.95% | -4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 14.77% | 22.54% | -7.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.45% | 29.15% | -12.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.57% | 30.89% | -15.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.39% | 30.89% | -15.50% |
WTEH.DE vs. EUDF.DE - Expense Ratio Comparison
WTEH.DE has a 0.35% expense ratio, which is lower than EUDF.DE's 0.40% expense ratio.
Dividends
WTEH.DE vs. EUDF.DE - Dividend Comparison
Neither WTEH.DE nor EUDF.DE has paid dividends to shareholders.
Frequently Asked Questions
WTEH.DE and EUDF.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEH.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEH.DE is cheaper with a 0.35% expense ratio, compared with 0.40% for EUDF.DE.
WTEH.DE is categorized as Commodities, while EUDF.DE is Aerospace & Defense. WTEH.DE tracks Optimized Roll Commodity (EUR Hedged), while EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR). Their fees differ too: 0.35% for WTEH.DE and 0.40% for EUDF.DE.
Find the right allocation for WTEH.DE and EUDF.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer