WTEU.DE vs. VGWE.DE

Last updated Jul 16, 2026

WTEU.DE (WisdomTree US Equity Income UCITS ETF) and VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating) are both Dividend funds - WTEU.DE tracks the WisdomTree US Equity Income UCITS Index while VGWE.DE tracks the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 5 years, WTEU.DE returned 11.50%/yr vs 12.25%/yr for VGWE.DE. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.29% expense ratio.

Performance

WTEU.DE vs. VGWE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree US Equity Income UCITS ETF (WTEU.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating (VGWE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTEU.DE achieves a 14.83% return, which is significantly lower than VGWE.DE's 16.24% return.

WTEU.DE

• 1D: -0.60%
• 1M: 3.45%
• 6M: 11.01%
• YTD: 14.83%
• 1Y: 24.32%
• 3Y*: 15.10%
• 5Y*: 11.50%
• 10Y*: 7.94%

VGWE.DE

• 1D: 0.00%
• 1M: 1.91%
• 6M: 12.22%
• YTD: 16.24%
• 1Y: 28.52%
• 3Y*: 17.50%
• 5Y*: 12.25%
• 10Y*: —

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

WTEU.DE vs. VGWE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WTEU.DE WisdomTree US Equity Income UCITS ETF	14.83%	-0.26%	22.63%	-3.52%	13.33%	34.75%	1.59%
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating	16.24%	12.81%	15.59%	7.89%	0.02%	27.81%	7.83%

Correlation

The correlation between WTEU.DE and VGWE.DE is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jun 3, 2020	0.78

The correlation between WTEU.DE and VGWE.DE has been stable across timeframes, ranging from 0.68 to 0.78 - a consistent structural relationship.

Return for Risk

WTEU.DE vs. VGWE.DE — Risk / Return Rank

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

WTEU.DE

WTEU.DE Risk / Return Rank: 87
WTEU.DE Sharpe Ratio Rank: 88
WTEU.DE Sortino Ratio Rank: 89
WTEU.DE Omega Ratio Rank: 83
WTEU.DE Calmar Ratio Rank: 90
WTEU.DE Martin Ratio Rank: 86

VGWE.DE

VGWE.DE Risk / Return Rank: 94
VGWE.DE Sharpe Ratio Rank: 95
VGWE.DE Sortino Ratio Rank: 95
VGWE.DE Omega Ratio Rank: 94
VGWE.DE Calmar Ratio Rank: 92
VGWE.DE Martin Ratio Rank: 93

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.

WTEU.DE vs. VGWE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US Equity Income UCITS ETF (WTEU.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating (VGWE.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.

	WTEU.DE	VGWE.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.31	3.03	-0.72
Sortino ratio: Return per unit of downside risk	3.34	4.24	-0.90
Omega ratio: Gain probability vs. loss probability	1.39	1.56	-0.16
Calmar ratio: Return relative to maximum drawdown	4.32	4.73	-0.41
Martin ratio: Return relative to average drawdown	14.20	18.75	-4.55

WTEU.DE vs. VGWE.DE - Sharpe Ratio Comparison

The current WTEU.DE Sharpe Ratio is 2.31, which is comparable to the VGWE.DE Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of WTEU.DE and VGWE.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

WTEU.DE vs. VGWE.DE - Drawdown Comparison

The maximum WTEU.DE drawdown since its inception was -36.46%, which is greater than VGWE.DE's maximum drawdown of -16.43%. Use the drawdown chart below to compare losses from any high point for WTEU.DE and VGWE.DE.

Drawdown Indicators

	WTEU.DE	VGWE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-36.46%	-16.43%	-20.03%
Max Drawdown (1Y) Largest decline over 1 year	-5.97%	-6.00%	+0.03%
Max Drawdown (3Y) Largest decline over 3 years	-20.72%	-16.43%	-4.29%
Max Drawdown (5Y) Largest decline over 5 years	-20.72%	-16.43%	-4.29%
Max Drawdown (10Y) Largest decline over 10 years	-36.46%	—	—
Current Drawdown Current decline from peak	-0.79%	-0.16%	-0.63%
Average Drawdown Average peak-to-trough decline	-7.96%	-2.33%	-5.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	1.52%	+0.30%

Volatility

WTEU.DE vs. VGWE.DE - Volatility Comparison

WisdomTree US Equity Income UCITS ETF (WTEU.DE) has a higher volatility of 3.07% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating (VGWE.DE) at 1.82%. This indicates that WTEU.DE's price experiences larger fluctuations and is considered to be riskier than VGWE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTEU.DE	VGWE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.07%	1.82%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	8.36%	7.11%	+1.25%
Volatility (1Y) Calculated over the trailing 1-year period	11.27%	9.37%	+1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.54%	11.49%	+3.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.52%	12.18%	+5.34%

WTEU.DE vs. VGWE.DE - Expense Ratio Comparison

Both WTEU.DE and VGWE.DE have an expense ratio of 0.29%.

Dividends

WTEU.DE vs. VGWE.DE - Dividend Comparison

WTEU.DE's dividend yield for the trailing twelve months is around 2.58%, while VGWE.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTEU.DE WisdomTree US Equity Income UCITS ETF	2.58%	2.96%	2.85%	3.48%	2.97%	2.78%	3.82%	2.20%	3.11%	2.77%	2.66%	2.47%

Frequently Asked Questions

Can I hold both WTEU.DE and VGWE.DE in my portfolio?

WTEU.DE and VGWE.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTEU.DE or VGWE.DE?

Both ETFs have the same 0.29% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTEU.DE or VGWE.DE?

WTEU.DE and VGWE.DE have the same expense ratio: 0.29% per year.

What is the main difference between WTEU.DE and VGWE.DE?

WTEU.DE tracks WisdomTree US Equity Income UCITS Index, while VGWE.DE tracks FTSE All-World High Dividend Yield Index. They also come from different issuers: WisdomTree and Vanguard.