WTEH.DE vs. WTEJ.DE
WTEH.DE (WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc) and WTEJ.DE (WisdomTree Cloud Computing UCITS ETF USD Acc) are both exchange-traded funds - WTEH.DE is a Commodities fund tracking the Optimized Roll Commodity (EUR Hedged), while WTEJ.DE is a Technology Equities fund tracking the BVP Nasdaq Emerging Cloud. Both are passively managed. Over the past 5 years, WTEH.DE returned 9.32%/yr vs -6.47%/yr for WTEJ.DE. At a 0.11 correlation, their price movements are largely independent. WTEH.DE charges 0.35%/yr vs 0.40%/yr for WTEJ.DE.
Performance
WTEH.DE vs. WTEJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WTEH.DE achieves a 28.87% return, which is significantly higher than WTEJ.DE's -3.77% 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*
- —
WTEJ.DE
- 1D
- 1.76%
- 1M
- 18.51%
- YTD
- -3.77%
- 6M
- -4.08%
- 1Y
- -10.28%
- 3Y*
- 0.54%
- 5Y*
- -6.47%
- 10Y*
- —
WTEH.DE vs. WTEJ.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% |
WTEJ.DE WisdomTree Cloud Computing UCITS ETF USD Acc | -3.77% | -16.66% | 12.94% | 39.67% | -50.17% | 4.71% | 26.51% |
Correlation
The correlation between WTEH.DE and WTEJ.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 (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2020 | 0.11 |
The correlation between WTEH.DE and WTEJ.DE shifts across timeframes, from 0.01 (1 year) to 0.11 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
WTEH.DE vs. WTEJ.DE — Risk / Return Rank
WTEH.DE
WTEJ.DE
WTEH.DE vs. WTEJ.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 Cloud Computing UCITS ETF USD Acc (WTEJ.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 | WTEJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.75 | ||
| Sortino ratioReturn per unit of downside risk | +3.26 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 0.99 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 6.93 | -0.25 | +7.18 |
| Martin ratioReturn relative to average drawdown | 15.94 | -0.55 | +16.49 |
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
| WTEH.DE | WTEJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | -0.25 | +2.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | -0.18 | +0.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.11 | +0.74 |
Drawdowns
WTEH.DE vs. WTEJ.DE - Drawdown Comparison
The maximum WTEH.DE drawdown since its inception was -28.22%, smaller than the maximum WTEJ.DE drawdown of -63.60%. Use the drawdown chart below to compare losses from any high point for WTEH.DE and WTEJ.DE.
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Drawdown Indicators
| WTEH.DE | WTEJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.22% | -63.60% | +35.38% |
Max Drawdown (1Y)Largest decline over 1 year | -5.93% | -36.22% | +30.29% |
Max Drawdown (3Y)Largest decline over 3 years | -10.31% | -48.59% | +38.28% |
Max Drawdown (5Y)Largest decline over 5 years | -28.22% | -63.60% | +35.38% |
Current DrawdownCurrent decline from peak | -4.05% | -48.45% | +44.40% |
Average DrawdownAverage peak-to-trough decline | -14.64% | -35.70% | +21.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 16.00% | -13.42% |
Volatility
WTEH.DE vs. WTEJ.DE - Volatility Comparison
The current volatility for WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc (WTEH.DE) is 5.17%, while WisdomTree Cloud Computing UCITS ETF USD Acc (WTEJ.DE) has a volatility of 15.88%. This indicates that WTEH.DE experiences smaller price fluctuations and is considered to be less risky than WTEJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTEH.DE | WTEJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.17% | 15.88% | -10.71% |
Volatility (6M)Calculated over the trailing 6-month period | 14.77% | 32.38% | -17.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.45% | 36.29% | -19.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.57% | 35.57% | -20.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.39% | 38.61% | -23.22% |
WTEH.DE vs. WTEJ.DE - Expense Ratio Comparison
WTEH.DE has a 0.35% expense ratio, which is lower than WTEJ.DE's 0.40% expense ratio.
Dividends
WTEH.DE vs. WTEJ.DE - Dividend Comparison
Neither WTEH.DE nor WTEJ.DE has paid dividends to shareholders.
Frequently Asked Questions
WTEH.DE and WTEJ.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 WTEJ.DE.
WTEH.DE is categorized as Commodities, while WTEJ.DE is Technology Equities. WTEH.DE tracks Optimized Roll Commodity (EUR Hedged), while WTEJ.DE tracks BVP Nasdaq Emerging Cloud. Their fees differ too: 0.35% for WTEH.DE and 0.40% for WTEJ.DE.
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