WTES.DE vs. UDIV.DE
WTES.DE (WisdomTree Europe SmallCap Dividend UCITS ETF) and UDIV.DE (Global X SuperDividend UCITS ETF USD Distributing) are both Dividend funds - WTES.DE tracks the WisdomTree Europe SmallCap Dividend UCITS Index Euro while UDIV.DE tracks the Solactive Global SuperDividend Index. Both are passively managed. Over the past 3 years, WTES.DE returned 12.58%/yr vs 12.25%/yr for UDIV.DE. A 0.62 correlation means they provide meaningful diversification when combined. WTES.DE charges 0.38%/yr vs 0.45%/yr for UDIV.DE.
Performance
WTES.DE vs. UDIV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WTES.DE achieves a 7.78% return, which is significantly lower than UDIV.DE's 10.40% return.
WTES.DE
- 1D
- -0.21%
- 1M
- 0.02%
- 6M
- 5.26%
- YTD
- 7.78%
- 1Y
- 11.03%
- 3Y*
- 12.58%
- 5Y*
- 5.87%
- 10Y*
- 7.78%
UDIV.DE
- 1D
- 0.00%
- 1M
- 1.29%
- 6M
- 5.92%
- YTD
- 10.40%
- 1Y
- 17.98%
- 3Y*
- 12.25%
- 5Y*
- —
- 10Y*
- —
WTES.DE vs. UDIV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WTES.DE WisdomTree Europe SmallCap Dividend UCITS ETF | 7.78% | 17.37% | 5.33% | 10.89% | -12.23% |
UDIV.DE Global X SuperDividend UCITS ETF USD Distributing | 10.40% | 14.37% | 5.51% | 2.25% | -22.42% |
Correlation
The correlation between WTES.DE and UDIV.DE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Feb 17, 2022 | 0.62 |
The correlation between WTES.DE and UDIV.DE has been stable across timeframes, ranging from 0.56 to 0.64 - a consistent structural relationship.
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Return for Risk
WTES.DE vs. UDIV.DE — Risk / Return Rank
WTES.DE
UDIV.DE
WTES.DE vs. UDIV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe SmallCap Dividend UCITS ETF (WTES.DE) and Global X SuperDividend UCITS ETF USD Distributing (UDIV.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WTES.DE | UDIV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.33 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 3.87 | -2.43 |
| Martin ratioReturn relative to average drawdown | 4.54 | 11.93 | -7.39 |
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Drawdowns
WTES.DE vs. UDIV.DE - Drawdown Comparison
The maximum WTES.DE drawdown since its inception was -44.21%, which is greater than UDIV.DE's maximum drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for WTES.DE and UDIV.DE.
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Drawdown Indicators
| WTES.DE | UDIV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.21% | -30.22% | -13.99% |
Max Drawdown (1Y)Largest decline over 1 year | -8.34% | -4.67% | -3.67% |
Max Drawdown (3Y)Largest decline over 3 years | -13.40% | -20.11% | +6.71% |
Max Drawdown (5Y)Largest decline over 5 years | -26.53% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.21% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -0.95% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -7.48% | -15.28% | +7.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 1.51% | +1.15% |
Volatility
WTES.DE vs. UDIV.DE - Volatility Comparison
WisdomTree Europe SmallCap Dividend UCITS ETF (WTES.DE) has a higher volatility of 2.81% compared to Global X SuperDividend UCITS ETF USD Distributing (UDIV.DE) at 2.06%. This indicates that WTES.DE's price experiences larger fluctuations and is considered to be riskier than UDIV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTES.DE | UDIV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.81% | 2.06% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 10.05% | 7.17% | +2.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.41% | 10.13% | +2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.70% | 15.20% | +0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.14% | 15.20% | +0.94% |
WTES.DE vs. UDIV.DE - Expense Ratio Comparison
WTES.DE has a 0.38% expense ratio, which is lower than UDIV.DE's 0.45% expense ratio.
Dividends
WTES.DE vs. UDIV.DE - Dividend Comparison
WTES.DE's dividend yield for the trailing twelve months is around 3.82%, less than UDIV.DE's 9.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UDIV.DE Global X SuperDividend UCITS ETF USD Distributing | 9.15% | 9.75% | 11.22% | 12.49% | 8.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WTES.DE WisdomTree Europe SmallCap Dividend UCITS ETF | 3.82% | 4.67% | 4.81% | 4.47% | 4.24% | 2.04% | 1.78% | 3.33% | 3.67% | 2.58% | 0.40% | 2.47% |
Frequently Asked Questions
WTES.DE and UDIV.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTES.DE is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTES.DE is cheaper with a 0.38% expense ratio, compared with 0.45% for UDIV.DE.
WTES.DE tracks WisdomTree Europe SmallCap Dividend UCITS Index Euro, while UDIV.DE tracks Solactive Global SuperDividend Index. They also come from different issuers: WisdomTree and Global X. Their fees differ too: 0.38% for WTES.DE and 0.45% for UDIV.DE.
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