WTEJ.DE vs. EUDF.DE
WTEJ.DE (WisdomTree Cloud Computing UCITS ETF USD Acc) and EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) are both exchange-traded funds - WTEJ.DE is a Technology Equities fund tracking the BVP Nasdaq Emerging Cloud, while EUDF.DE is a Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR). Both are passively managed. Over the past year, WTEJ.DE returned -10.28% vs -5.09% for EUDF.DE. At a 0.25 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.
Performance
WTEJ.DE vs. EUDF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WTEJ.DE achieves a -3.77% return, which is significantly lower than EUDF.DE's 2.51% return.
WTEJ.DE
- 1D
- 1.76%
- 1M
- 18.51%
- YTD
- -3.77%
- 6M
- -4.08%
- 1Y
- -10.28%
- 3Y*
- 0.54%
- 5Y*
- -6.47%
- 10Y*
- —
EUDF.DE
- 1D
- 1.22%
- 1M
- -6.45%
- YTD
- 2.51%
- 6M
- 5.34%
- 1Y
- -5.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WTEJ.DE vs. EUDF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WTEJ.DE WisdomTree Cloud Computing UCITS ETF USD Acc | -3.77% | 0.85% |
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 2.51% | 18.55% |
Correlation
The correlation between WTEJ.DE and EUDF.DE 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 (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.25 |
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Return for Risk
WTEJ.DE vs. EUDF.DE — Risk / Return Rank
WTEJ.DE
EUDF.DE
WTEJ.DE vs. EUDF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing UCITS ETF USD Acc (WTEJ.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.
| WTEJ.DE | EUDF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.00 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | -0.17 | -0.07 |
| Martin ratioReturn relative to average drawdown | -0.55 | -0.39 | -0.16 |
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
| WTEJ.DE | EUDF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | -0.12 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.18 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.55 | -0.44 |
Drawdowns
WTEJ.DE vs. EUDF.DE - Drawdown Comparison
The maximum WTEJ.DE drawdown since its inception was -63.60%, 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 WTEJ.DE and EUDF.DE.
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Drawdown Indicators
| WTEJ.DE | EUDF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.60% | -19.51% | -44.09% |
Max Drawdown (1Y)Largest decline over 1 year | -36.22% | -19.51% | -16.71% |
Max Drawdown (3Y)Largest decline over 3 years | -48.59% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -63.60% | — | — |
Current DrawdownCurrent decline from peak | -48.45% | -14.05% | -34.40% |
Average DrawdownAverage peak-to-trough decline | -35.70% | -6.55% | -29.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.00% | 8.29% | +7.71% |
Volatility
WTEJ.DE vs. EUDF.DE - Volatility Comparison
WisdomTree Cloud Computing UCITS ETF USD Acc (WTEJ.DE) has a higher volatility of 15.88% compared to WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) at 9.95%. This indicates that WTEJ.DE's price experiences larger fluctuations and is considered to be riskier than EUDF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTEJ.DE | EUDF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.88% | 9.95% | +5.93% |
Volatility (6M)Calculated over the trailing 6-month period | 32.38% | 22.54% | +9.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.29% | 29.15% | +7.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.57% | 30.89% | +4.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.61% | 30.89% | +7.72% |
WTEJ.DE vs. EUDF.DE - Expense Ratio Comparison
Both WTEJ.DE and EUDF.DE have an expense ratio of 0.40%.
Dividends
WTEJ.DE vs. EUDF.DE - Dividend Comparison
Neither WTEJ.DE nor EUDF.DE has paid dividends to shareholders.
Frequently Asked Questions
WTEJ.DE and EUDF.DE 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.
Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WTEJ.DE and EUDF.DE have the same expense ratio: 0.40% per year.
WTEJ.DE is categorized as Technology Equities, while EUDF.DE is Aerospace & Defense. WTEJ.DE tracks BVP Nasdaq Emerging Cloud, while EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR).
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