WTEI.DE vs. PCOM.DE

Last updated Jun 5, 2026

WTEI.DE (WisdomTree Emerging Markets Equity Income UCITS ETF) and PCOM.DE (WisdomTree Broad Commodities UCITS ETF) are both exchange-traded funds - WTEI.DE is a Emerging Markets Equities fund tracking the WisdomTree Emerging Markets Equity Income, while PCOM.DE is a Commodities fund tracking the Bloomberg Commodity. Both are passively managed. Over the past 3 years, WTEI.DE returned 15.85%/yr vs 13.46%/yr for PCOM.DE. At a 0.25 correlation, their price movements are largely independent. WTEI.DE charges 0.46%/yr vs 0.19%/yr for PCOM.DE.

Performance

WTEI.DE vs. PCOM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Emerging Markets Equity Income UCITS ETF (WTEI.DE) and WisdomTree Broad Commodities UCITS ETF (PCOM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTEI.DE achieves a 19.49% return, which is significantly lower than PCOM.DE's 25.30% return.

WTEI.DE

• 1D: -1.03%
• 1M: 4.16%
• YTD: 19.49%
• 6M: 19.16%
• 1Y: 27.05%
• 3Y*: 15.85%
• 5Y*: 10.93%
• 10Y*: —

PCOM.DE

• 1D: 0.54%
• 1M: 1.13%
• YTD: 25.30%
• 6M: 24.64%
• 1Y: 37.29%
• 3Y*: 13.46%
• 5Y*: —
• 10Y*: —

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

WTEI.DE vs. PCOM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WTEI.DE WisdomTree Emerging Markets Equity Income UCITS ETF	19.49%	7.76%	11.91%	16.94%	-7.18%	-0.31%
PCOM.DE WisdomTree Broad Commodities UCITS ETF	25.30%	5.09%	10.91%	-10.29%	19.78%	3.63%

Correlation

The correlation between WTEI.DE and PCOM.DE is -0.03, 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	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021	0.25

The correlation between WTEI.DE and PCOM.DE shifts across timeframes, from -0.03 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WTEI.DE vs. PCOM.DE — Risk / Return Rank

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

WTEI.DE

WTEI.DE Risk / Return Rank: 72
WTEI.DE Sharpe Ratio Rank: 65
WTEI.DE Sortino Ratio Rank: 65
WTEI.DE Omega Ratio Rank: 63
WTEI.DE Calmar Ratio Rank: 84
WTEI.DE Martin Ratio Rank: 83

PCOM.DE

PCOM.DE Risk / Return Rank: 60
PCOM.DE Sharpe Ratio Rank: 57
PCOM.DE Sortino Ratio Rank: 48
PCOM.DE Omega Ratio Rank: 57
PCOM.DE Calmar Ratio Rank: 81
PCOM.DE Martin Ratio Rank: 55

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.

WTEI.DE vs. PCOM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income UCITS ETF (WTEI.DE) and WisdomTree Broad Commodities UCITS ETF (PCOM.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.

	WTEI.DE	PCOM.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.11	1.89	+0.22
Sortino ratio: Return per unit of downside risk	2.98	2.36	+0.62
Omega ratio: Gain probability vs. loss probability	1.38	1.34	+0.03
Calmar ratio: Return relative to maximum drawdown	4.45	4.17	+0.27
Martin ratio: Return relative to average drawdown	16.42	9.37	+7.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTEI.DE vs. PCOM.DE - Sharpe Ratio Comparison

The current WTEI.DE Sharpe Ratio is 2.11, which is comparable to the PCOM.DE Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of WTEI.DE and PCOM.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

	WTEI.DE	PCOM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	1.89	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.64	+0.25

Drawdowns

WTEI.DE vs. PCOM.DE - Drawdown Comparison

The maximum WTEI.DE drawdown since its inception was -16.73%, smaller than the maximum PCOM.DE drawdown of -27.22%. Use the drawdown chart below to compare losses from any high point for WTEI.DE and PCOM.DE.

Drawdown Indicators

	WTEI.DE	PCOM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-16.73%	-27.22%	+10.49%
Max Drawdown (1Y) Largest decline over 1 year	-6.00%	-8.82%	+2.82%
Max Drawdown (3Y) Largest decline over 3 years	-15.97%	-15.80%	-0.17%
Max Drawdown (5Y) Largest decline over 5 years	-16.73%	—	—
Current Drawdown Current decline from peak	-1.51%	-3.52%	+2.01%
Average Drawdown Average peak-to-trough decline	-4.01%	-15.90%	+11.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	3.93%	-2.30%

Volatility

WTEI.DE vs. PCOM.DE - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Equity Income UCITS ETF (WTEI.DE) is 4.57%, while WisdomTree Broad Commodities UCITS ETF (PCOM.DE) has a volatility of 6.27%. This indicates that WTEI.DE experiences smaller price fluctuations and is considered to be less risky than PCOM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTEI.DE	PCOM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	6.27%	-1.70%
Volatility (6M) Calculated over the trailing 6-month period	9.66%	17.17%	-7.51%
Volatility (1Y) Calculated over the trailing 1-year period	12.64%	19.43%	-6.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.86%	17.76%	-3.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.97%	17.76%	-3.79%

WTEI.DE vs. PCOM.DE - Expense Ratio Comparison

WTEI.DE has a 0.46% expense ratio, which is higher than PCOM.DE's 0.19% expense ratio.

Dividends

WTEI.DE vs. PCOM.DE - Dividend Comparison

WTEI.DE's dividend yield for the trailing twelve months is around 3.73%, while PCOM.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
PCOM.DE WisdomTree Broad Commodities UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTEI.DE WisdomTree Emerging Markets Equity Income UCITS ETF	3.73%	4.52%	7.52%	6.96%	7.43%	3.95%	1.46%

Frequently Asked Questions

Can I hold both WTEI.DE and PCOM.DE in my portfolio?

WTEI.DE and PCOM.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTEI.DE or PCOM.DE?

On fees, PCOM.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTEI.DE or PCOM.DE?

PCOM.DE is cheaper with a 0.19% expense ratio, compared with 0.46% for WTEI.DE.

What is the main difference between WTEI.DE and PCOM.DE?

WTEI.DE is categorized as Emerging Markets Equities, while PCOM.DE is Commodities. WTEI.DE tracks WisdomTree Emerging Markets Equity Income, while PCOM.DE tracks Bloomberg Commodity. Their fees differ too: 0.46% for WTEI.DE and 0.19% for PCOM.DE.