WTEQ.DE vs. PCOM.DE
WTEQ.DE (WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist)) and PCOM.DE (WisdomTree Broad Commodities UCITS ETF) are both exchange-traded funds - WTEQ.DE is a Dividend fund tracking the WisdomTree Global Developed Quality Dividend Growth Index, while PCOM.DE is a Commodities fund tracking the Bloomberg Commodity. Both are passively managed. Over the past 3 years, WTEQ.DE returned 10.39%/yr vs 13.46%/yr for PCOM.DE. At a 0.11 correlation, their price movements are largely independent. WTEQ.DE charges 0.38%/yr vs 0.19%/yr for PCOM.DE.
Performance
WTEQ.DE vs. PCOM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WTEQ.DE achieves a 6.18% return, which is significantly lower than PCOM.DE's 25.30% return.
WTEQ.DE
- 1D
- 0.18%
- 1M
- 4.76%
- YTD
- 6.18%
- 6M
- 6.71%
- 1Y
- 14.61%
- 3Y*
- 10.39%
- 5Y*
- —
- 10Y*
- —
PCOM.DE
- 1D
- 0.54%
- 1M
- -1.79%
- YTD
- 25.30%
- 6M
- 26.22%
- 1Y
- 37.88%
- 3Y*
- 13.46%
- 5Y*
- —
- 10Y*
- —
WTEQ.DE vs. PCOM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WTEQ.DE WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist) | 6.18% | 3.61% | 15.54% | 14.11% | -5.82% |
PCOM.DE WisdomTree Broad Commodities UCITS ETF | 25.30% | 5.09% | 10.91% | -10.29% | -13.52% |
Correlation
The correlation between WTEQ.DE and PCOM.DE is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since May 2, 2022 | 0.11 |
The correlation between WTEQ.DE and PCOM.DE shifts across timeframes, from -0.17 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WTEQ.DE vs. PCOM.DE — Risk / Return Rank
WTEQ.DE
PCOM.DE
WTEQ.DE vs. PCOM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist) (WTEQ.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.
| WTEQ.DE | PCOM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.34 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 4.17 | -2.32 |
| Martin ratioReturn relative to average drawdown | 7.29 | 9.37 | -2.08 |
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
| WTEQ.DE | PCOM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.89 | -0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.64 | -0.01 |
Drawdowns
WTEQ.DE vs. PCOM.DE - Drawdown Comparison
The maximum WTEQ.DE drawdown since its inception was -19.85%, smaller than the maximum PCOM.DE drawdown of -27.22%. Use the drawdown chart below to compare losses from any high point for WTEQ.DE and PCOM.DE.
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Drawdown Indicators
| WTEQ.DE | PCOM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.85% | -27.22% | +7.37% |
Max Drawdown (1Y)Largest decline over 1 year | -7.84% | -8.82% | +0.98% |
Max Drawdown (3Y)Largest decline over 3 years | -19.85% | -15.80% | -4.05% |
Current DrawdownCurrent decline from peak | 0.00% | -3.52% | +3.52% |
Average DrawdownAverage peak-to-trough decline | -3.78% | -15.90% | +12.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 3.93% | -1.93% |
Volatility
WTEQ.DE vs. PCOM.DE - Volatility Comparison
The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist) (WTEQ.DE) is 2.61%, while WisdomTree Broad Commodities UCITS ETF (PCOM.DE) has a volatility of 6.27%. This indicates that WTEQ.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.
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Volatility by Period
| WTEQ.DE | PCOM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.61% | 6.27% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 8.33% | 17.17% | -8.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.02% | 19.43% | -8.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.46% | 17.76% | -5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.46% | 17.76% | -5.30% |
WTEQ.DE vs. PCOM.DE - Expense Ratio Comparison
WTEQ.DE has a 0.38% expense ratio, which is higher than PCOM.DE's 0.19% expense ratio.
Dividends
WTEQ.DE vs. PCOM.DE - Dividend Comparison
WTEQ.DE's dividend yield for the trailing twelve months is around 1.13%, while PCOM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
PCOM.DE WisdomTree Broad Commodities UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WTEQ.DE WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist) | 1.13% | 1.26% | 1.59% | 1.84% | 1.60% |
Frequently Asked Questions
WTEQ.DE and PCOM.DE have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
PCOM.DE is cheaper with a 0.19% expense ratio, compared with 0.38% for WTEQ.DE.
WTEQ.DE is categorized as Dividend, while PCOM.DE is Commodities. WTEQ.DE tracks WisdomTree Global Developed Quality Dividend Growth Index, while PCOM.DE tracks Bloomberg Commodity. Their fees differ too: 0.38% for WTEQ.DE and 0.19% for PCOM.DE.
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