WTEH.DE vs. WTEE.DE

Last updated Jun 5, 2026

WTEH.DE (WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc) and WTEE.DE (WisdomTree Europe Equity Income UCITS ETF) are both exchange-traded funds - WTEH.DE is a Commodities fund tracking the Optimized Roll Commodity (EUR Hedged), while WTEE.DE is a Europe Equities fund tracking the WisdomTree Europe Equity Income. Both are passively managed. Over the past 5 years, WTEH.DE returned 9.32%/yr vs 12.46%/yr for WTEE.DE. At a 0.22 correlation, their price movements are largely independent. WTEH.DE charges 0.35%/yr vs 0.29%/yr for WTEE.DE.

Performance

WTEH.DE vs. WTEE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc (WTEH.DE) and WisdomTree Europe Equity Income UCITS ETF (WTEE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTEH.DE achieves a 28.87% return, which is significantly higher than WTEE.DE's 13.70% 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*: —

WTEE.DE

• 1D: -0.26%
• 1M: 0.42%
• YTD: 13.70%
• 6M: 16.59%
• 1Y: 26.04%
• 3Y*: 17.15%
• 5Y*: 12.46%
• 10Y*: —

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

WTEH.DE vs. WTEE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WTEH.DE WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc	28.87%	14.12%	1.38%	-8.99%	8.44%	27.25%	5.11%
WTEE.DE WisdomTree Europe Equity Income UCITS ETF	13.70%	28.40%	2.20%	15.07%	0.05%	18.73%	6.87%

Correlation

The correlation between WTEH.DE and WTEE.DE is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Sep 8, 2020	0.22

The correlation between WTEH.DE and WTEE.DE shifts across timeframes, from 0.04 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

WTEH.DE vs. WTEE.DE — Risk / Return Rank

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

WTEH.DE

WTEH.DE Risk / Return Rank: 80
WTEH.DE Sharpe Ratio Rank: 78
WTEH.DE Sortino Ratio Rank: 70
WTEH.DE Omega Ratio Rank: 77
WTEH.DE Calmar Ratio Rank: 94
WTEH.DE Martin Ratio Rank: 82

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

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.

WTEH.DE vs. WTEE.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 Equity Income UCITS ETF (WTEE.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	WTEE.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.50	2.35	+0.15
Sortino ratio: Return per unit of downside risk	3.15	3.17	-0.02
Omega ratio: Gain probability vs. loss probability	1.45	1.43	+0.02
Calmar ratio: Return relative to maximum drawdown	6.93	3.80	+3.13
Martin ratio: Return relative to average drawdown	15.94	14.72	+1.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTEH.DE vs. WTEE.DE - Sharpe Ratio Comparison

The current WTEH.DE Sharpe Ratio is 2.50, which is comparable to the WTEE.DE Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of WTEH.DE and WTEE.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

	WTEH.DE	WTEE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.50	2.35	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.93	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	1.08	-0.23

Drawdowns

WTEH.DE vs. WTEE.DE - Drawdown Comparison

The maximum WTEH.DE drawdown since its inception was -28.22%, which is greater than WTEE.DE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for WTEH.DE and WTEE.DE.

Drawdown Indicators

	WTEH.DE	WTEE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-28.22%	-16.45%	-11.77%
Max Drawdown (1Y) Largest decline over 1 year	-5.93%	-6.78%	+0.85%
Max Drawdown (3Y) Largest decline over 3 years	-10.31%	-14.12%	+3.81%
Max Drawdown (5Y) Largest decline over 5 years	-28.22%	-16.45%	-11.77%
Current Drawdown Current decline from peak	-4.05%	-1.96%	-2.09%
Average Drawdown Average peak-to-trough decline	-14.64%	-2.65%	-11.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	1.75%	+0.83%

Volatility

WTEH.DE vs. WTEE.DE - Volatility Comparison

WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc (WTEH.DE) has a higher volatility of 5.17% compared to WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) at 3.73%. This indicates that WTEH.DE's price experiences larger fluctuations and is considered to be riskier than WTEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTEH.DE	WTEE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.17%	3.73%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	14.77%	8.73%	+6.04%
Volatility (1Y) Calculated over the trailing 1-year period	16.45%	10.94%	+5.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.57%	14.50%	+1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.39%	14.99%	+0.40%

WTEH.DE vs. WTEE.DE - Expense Ratio Comparison

WTEH.DE has a 0.35% expense ratio, which is higher than WTEE.DE's 0.29% expense ratio.

Dividends

WTEH.DE vs. WTEE.DE - Dividend Comparison

WTEH.DE has not paid dividends to shareholders, while WTEE.DE's dividend yield for the trailing twelve months is around 4.55%.

Position	TTM	2025	2024	2023	2022	2021
WTEE.DE WisdomTree Europe Equity Income UCITS ETF	4.55%	5.37%	6.81%	5.61%	5.35%	4.64%
WTEH.DE WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

WTEH.DE and WTEE.DE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTEH.DE or WTEE.DE?

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, WTEH.DE or WTEE.DE?

WTEE.DE is cheaper with a 0.29% expense ratio, compared with 0.35% for WTEH.DE.

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

WTEH.DE is categorized as Commodities, while WTEE.DE is Europe Equities. WTEH.DE tracks Optimized Roll Commodity (EUR Hedged), while WTEE.DE tracks WisdomTree Europe Equity Income. Their fees differ too: 0.35% for WTEH.DE and 0.29% for WTEE.DE.