WTES.DE vs. WTEE.DE
WTES.DE (WisdomTree Europe SmallCap Dividend UCITS ETF) and WTEE.DE (WisdomTree Europe Equity Income UCITS ETF) are both exchange-traded funds - WTES.DE is a Dividend fund tracking the WisdomTree Europe SmallCap Dividend UCITS Index Euro, while WTEE.DE is a Europe Equities fund tracking the WisdomTree Europe Equity Income. Both are passively managed. Over the past 10 years, WTES.DE returned 7.78%/yr vs 8.75%/yr for WTEE.DE. A 0.73 correlation means they provide meaningful diversification when combined. WTES.DE charges 0.38%/yr vs 0.29%/yr for WTEE.DE.
Performance
WTES.DE vs. WTEE.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 WTEE.DE's 17.18% return. Over the past 10 years, WTES.DE has underperformed WTEE.DE with an annualized return of 7.78%, while WTEE.DE has yielded a comparatively higher 8.75% annualized 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%
WTEE.DE
- 1D
- 0.06%
- 1M
- 1.24%
- 6M
- 14.29%
- YTD
- 17.18%
- 1Y
- 29.64%
- 3Y*
- 18.21%
- 5Y*
- 13.28%
- 10Y*
- 8.75%
WTES.DE vs. WTEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTES.DE WisdomTree Europe SmallCap Dividend UCITS ETF | 7.78% | 17.37% | 5.33% | 10.89% | -15.66% | 27.92% | -4.86% | 31.22% | -18.52% | 16.96% |
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 17.18% | 28.57% | 2.22% | 15.07% | -0.07% | 18.86% | -18.42% | 21.73% | -7.92% | 9.68% |
Correlation
The correlation between WTES.DE and WTEE.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2015 | 0.73 |
The correlation between WTES.DE and WTEE.DE shifts across timeframes, from 0.60 (1 year) to 0.75 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
WTES.DE vs. WTEE.DE — Risk / Return Rank
WTES.DE
WTEE.DE
WTES.DE vs. WTEE.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 Europe Equity Income UCITS ETF (WTEE.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 | WTEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.47 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 4.37 | -2.92 |
| Martin ratioReturn relative to average drawdown | 4.54 | 16.25 | -11.71 |
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Drawdowns
WTES.DE vs. WTEE.DE - Drawdown Comparison
The maximum WTES.DE drawdown since its inception was -44.21%, which is greater than WTEE.DE's maximum drawdown of -39.64%. Use the drawdown chart below to compare losses from any high point for WTES.DE and WTEE.DE.
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Drawdown Indicators
| WTES.DE | WTEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.21% | -39.64% | -4.57% |
Max Drawdown (1Y)Largest decline over 1 year | -8.34% | -6.75% | -1.59% |
Max Drawdown (3Y)Largest decline over 3 years | -13.40% | -14.11% | +0.71% |
Max Drawdown (5Y)Largest decline over 5 years | -26.53% | -16.50% | -10.03% |
Max Drawdown (10Y)Largest decline over 10 years | -44.21% | -39.64% | -4.57% |
Current DrawdownCurrent decline from peak | -0.84% | 0.00% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -7.48% | -7.00% | -0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 1.82% | +0.84% |
Volatility
WTES.DE vs. WTEE.DE - Volatility Comparison
The current volatility for WisdomTree Europe SmallCap Dividend UCITS ETF (WTES.DE) is 2.81%, while WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) has a volatility of 2.98%. This indicates that WTES.DE experiences smaller price fluctuations and is considered to be less risky than WTEE.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 | WTEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.81% | 2.98% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 10.05% | 9.19% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.41% | 11.26% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.70% | 13.81% | +1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.14% | 15.59% | +0.55% |
WTES.DE vs. WTEE.DE - Expense Ratio Comparison
WTES.DE has a 0.38% expense ratio, which is higher than WTEE.DE's 0.29% expense ratio.
Dividends
WTES.DE vs. WTEE.DE - Dividend Comparison
WTES.DE's dividend yield for the trailing twelve months is around 3.82%, less than WTEE.DE's 5.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 5.10% | 5.36% | 6.80% | 5.61% | 5.35% | 4.63% | 3.98% | 4.51% | 4.80% | 4.03% | 1.35% | 4.53% |
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 WTEE.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEE.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEE.DE is cheaper with a 0.29% expense ratio, compared with 0.38% for WTES.DE.
WTES.DE is categorized as Dividend, while WTEE.DE is Europe Equities. WTES.DE tracks WisdomTree Europe SmallCap Dividend UCITS Index Euro, while WTEE.DE tracks WisdomTree Europe Equity Income. Their fees differ too: 0.38% for WTES.DE and 0.29% for WTEE.DE.
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