WTER.DE vs. EUDF.DE

Last updated Jun 5, 2026

WTER.DE (WisdomTree New Economy Real Estate UCITS ETF USD Dist) and EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) are both exchange-traded funds - WTER.DE is a REIT fund tracking the CenterSquare New Economy Real Estate, while EUDF.DE is a Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR). Both are passively managed. Over the past year, WTER.DE returned 44.53% vs -3.37% for EUDF.DE. At a 0.32 correlation, their price movements are largely independent. WTER.DE charges 0.45%/yr vs 0.40%/yr for EUDF.DE.

Performance

WTER.DE vs. EUDF.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree New Economy Real Estate UCITS ETF USD Dist (WTER.DE) and WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTER.DE achieves a 23.54% return, which is significantly higher than EUDF.DE's 2.51% return.

WTER.DE

• 1D: -1.17%
• 1M: 6.84%
• YTD: 23.54%
• 6M: 21.31%
• 1Y: 44.53%
• 3Y*: 16.33%
• 5Y*: —
• 10Y*: —

EUDF.DE

• 1D: 1.22%
• 1M: -3.90%
• YTD: 2.51%
• 6M: 5.21%
• 1Y: -3.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTER.DE vs. EUDF.DE - Yearly Performance Comparison

	2026 (YTD)	2025
WTER.DE WisdomTree New Economy Real Estate UCITS ETF USD Dist	23.54%	22.06%
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc	2.51%	18.55%

Correlation

The correlation between WTER.DE and EUDF.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025	0.32

Return for Risk

WTER.DE vs. EUDF.DE — Risk / Return Rank

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

WTER.DE

WTER.DE Risk / Return Rank: 64
WTER.DE Sharpe Ratio Rank: 69
WTER.DE Sortino Ratio Rank: 67
WTER.DE Omega Ratio Rank: 61
WTER.DE Calmar Ratio Rank: 67
WTER.DE Martin Ratio Rank: 53

EUDF.DE

EUDF.DE Risk / Return Rank: 8
EUDF.DE Sharpe Ratio Rank: 8
EUDF.DE Sortino Ratio Rank: 8
EUDF.DE Omega Ratio Rank: 8
EUDF.DE Calmar Ratio Rank: 8
EUDF.DE Martin Ratio Rank: 7

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.

WTER.DE vs. EUDF.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree New Economy Real Estate UCITS ETF USD Dist (WTER.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.

	WTER.DE	EUDF.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.24	-0.12	+2.36
Sortino ratio: Return per unit of downside risk	3.05	0.04	+3.01
Omega ratio: Gain probability vs. loss probability	1.37	1.00	+0.36
Calmar ratio: Return relative to maximum drawdown	3.28	-0.17	+3.46
Martin ratio: Return relative to average drawdown	8.88	-0.39	+9.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTER.DE vs. EUDF.DE - Sharpe Ratio Comparison

The current WTER.DE Sharpe Ratio is 2.24, which is higher than the EUDF.DE Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of WTER.DE and EUDF.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

	WTER.DE	EUDF.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	-0.12	+2.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.55	-0.19

Drawdowns

WTER.DE vs. EUDF.DE - Drawdown Comparison

The maximum WTER.DE drawdown since its inception was -32.93%, 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 WTER.DE and EUDF.DE.

Drawdown Indicators

	WTER.DE	EUDF.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.93%	-19.51%	-13.42%
Max Drawdown (1Y) Largest decline over 1 year	-13.49%	-19.51%	+6.02%
Max Drawdown (3Y) Largest decline over 3 years	-23.54%	—	—
Current Drawdown Current decline from peak	-2.35%	-14.05%	+11.70%
Average Drawdown Average peak-to-trough decline	-16.08%	-6.55%	-9.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.00%	8.29%	-3.29%

Volatility

WTER.DE vs. EUDF.DE - Volatility Comparison

The current volatility for WisdomTree New Economy Real Estate UCITS ETF USD Dist (WTER.DE) is 6.93%, while WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a volatility of 9.95%. This indicates that WTER.DE experiences smaller price fluctuations and is considered to be less risky than EUDF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTER.DE	EUDF.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	9.95%	-3.02%
Volatility (6M) Calculated over the trailing 6-month period	14.11%	22.54%	-8.43%
Volatility (1Y) Calculated over the trailing 1-year period	19.85%	29.15%	-9.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.61%	30.89%	-13.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.61%	30.89%	-13.28%

WTER.DE vs. EUDF.DE - Expense Ratio Comparison

WTER.DE has a 0.45% expense ratio, which is higher than EUDF.DE's 0.40% expense ratio.

Dividends

WTER.DE vs. EUDF.DE - Dividend Comparison

WTER.DE's dividend yield for the trailing twelve months is around 1.11%, while EUDF.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc	0.00%	0.00%	0.00%	0.00%	0.00%
WTER.DE WisdomTree New Economy Real Estate UCITS ETF USD Dist	1.11%	1.59%	1.65%	1.14%	0.74%

Frequently Asked Questions

Can I hold both WTER.DE and EUDF.DE in my portfolio?

WTER.DE and EUDF.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTER.DE or EUDF.DE?

On fees, EUDF.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTER.DE or EUDF.DE?

EUDF.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for WTER.DE.

What is the main difference between WTER.DE and EUDF.DE?

WTER.DE is categorized as REIT, while EUDF.DE is Aerospace & Defense. WTER.DE tracks CenterSquare New Economy Real Estate, while EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR). Their fees differ too: 0.45% for WTER.DE and 0.40% for EUDF.DE.