WTES.DE vs. W1TB.DE

Last updated Jul 16, 2026

WTES.DE (WisdomTree Europe SmallCap Dividend UCITS ETF) and W1TB.DE (WisdomTree Cybersecurity UCITS ETF USD Acc) are both exchange-traded funds - WTES.DE is a Dividend fund tracking the WisdomTree Europe SmallCap Dividend UCITS Index Euro, while W1TB.DE is a Technology Equities fund tracking the WisdomTree Team8 Cybersecurity UCITS. Both are passively managed. Over the past 5 years, WTES.DE returned 5.87%/yr vs 10.89%/yr for W1TB.DE. At a 0.41 correlation, their price movements are largely independent. WTES.DE charges 0.38%/yr vs 0.45%/yr for W1TB.DE.

Performance

WTES.DE vs. W1TB.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Europe SmallCap Dividend UCITS ETF (WTES.DE) and WisdomTree Cybersecurity UCITS ETF USD Acc (W1TB.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTES.DE achieves a 7.78% return, which is significantly lower than W1TB.DE's 45.39% 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%

W1TB.DE

• 1D: 0.00%
• 1M: 22.86%
• 6M: 47.31%
• YTD: 45.39%
• 1Y: 33.66%
• 3Y*: 25.55%
• 5Y*: 10.89%
• 10Y*: —

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

WTES.DE vs. W1TB.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WTES.DE WisdomTree Europe SmallCap Dividend UCITS ETF	7.78%	17.37%	5.33%	10.89%	-15.66%	27.80%
W1TB.DE WisdomTree Cybersecurity UCITS ETF USD Acc	45.39%	-11.91%	17.04%	65.62%	-39.90%	19.14%

Correlation

The correlation between WTES.DE and W1TB.DE is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jan 28, 2021	0.41

The correlation between WTES.DE and W1TB.DE shifts across timeframes, from 0.24 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WTES.DE vs. W1TB.DE — Risk / Return Rank

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

WTES.DE

WTES.DE Risk / Return Rank: 32
WTES.DE Sharpe Ratio Rank: 31
WTES.DE Sortino Ratio Rank: 30
WTES.DE Omega Ratio Rank: 31
WTES.DE Calmar Ratio Rank: 34
WTES.DE Martin Ratio Rank: 36

W1TB.DE

W1TB.DE Risk / Return Rank: 29
W1TB.DE Sharpe Ratio Rank: 31
W1TB.DE Sortino Ratio Rank: 32
W1TB.DE Omega Ratio Rank: 34
W1TB.DE Calmar Ratio Rank: 27
W1TB.DE Martin Ratio Rank: 24

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.

WTES.DE vs. W1TB.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 WisdomTree Cybersecurity UCITS ETF USD Acc (W1TB.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	W1TB.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.97	0.95	+0.02
Sortino ratio: Return per unit of downside risk	1.42	1.46	-0.04
Omega ratio: Gain probability vs. loss probability	1.18	1.20	-0.02
Calmar ratio: Return relative to maximum drawdown	1.44	1.09	+0.35
Martin ratio: Return relative to average drawdown	4.54	2.47	+2.07

WTES.DE vs. W1TB.DE - Sharpe Ratio Comparison

The current WTES.DE Sharpe Ratio is 0.97, which is comparable to the W1TB.DE Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of WTES.DE and W1TB.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.

Drawdowns

WTES.DE vs. W1TB.DE - Drawdown Comparison

The maximum WTES.DE drawdown since its inception was -44.21%, smaller than the maximum W1TB.DE drawdown of -48.28%. Use the drawdown chart below to compare losses from any high point for WTES.DE and W1TB.DE.

Drawdown Indicators

	WTES.DE	W1TB.DE	Difference
Max Drawdown Largest peak-to-trough decline	-44.21%	-48.28%	+4.07%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-31.00%	+22.66%
Max Drawdown (3Y) Largest decline over 3 years	-13.40%	-38.45%	+25.05%
Max Drawdown (5Y) Largest decline over 5 years	-26.53%	-48.28%	+21.75%
Max Drawdown (10Y) Largest decline over 10 years	-44.21%	—	—
Current Drawdown Current decline from peak	-0.84%	0.00%	-0.84%
Average Drawdown Average peak-to-trough decline	-7.48%	-19.53%	+12.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	13.67%	-11.01%

Volatility

WTES.DE vs. W1TB.DE - Volatility Comparison

The current volatility for WisdomTree Europe SmallCap Dividend UCITS ETF (WTES.DE) is 2.81%, while WisdomTree Cybersecurity UCITS ETF USD Acc (W1TB.DE) has a volatility of 11.33%. This indicates that WTES.DE experiences smaller price fluctuations and is considered to be less risky than W1TB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTES.DE	W1TB.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.81%	11.33%	-8.52%
Volatility (6M) Calculated over the trailing 6-month period	10.05%	31.63%	-21.58%
Volatility (1Y) Calculated over the trailing 1-year period	12.41%	35.56%	-23.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.70%	32.81%	-17.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.14%	32.46%	-16.32%

WTES.DE vs. W1TB.DE - Expense Ratio Comparison

WTES.DE has a 0.38% expense ratio, which is lower than W1TB.DE's 0.45% expense ratio.

Dividends

WTES.DE vs. W1TB.DE - Dividend Comparison

WTES.DE's dividend yield for the trailing twelve months is around 3.82%, while W1TB.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
W1TB.DE WisdomTree Cybersecurity UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	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

Can I hold both WTES.DE and W1TB.DE in my portfolio?

WTES.DE and W1TB.DE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTES.DE or W1TB.DE?

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.

Which ETF is cheaper, WTES.DE or W1TB.DE?

WTES.DE is cheaper with a 0.38% expense ratio, compared with 0.45% for W1TB.DE.

What is the main difference between WTES.DE and W1TB.DE?

WTES.DE is categorized as Dividend, while W1TB.DE is Technology Equities. WTES.DE tracks WisdomTree Europe SmallCap Dividend UCITS Index Euro, while W1TB.DE tracks WisdomTree Team8 Cybersecurity UCITS. Their fees differ too: 0.38% for WTES.DE and 0.45% for W1TB.DE.