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WTEU.DE vs. WTES.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

WTEU.DE vs. WTES.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 WisdomTree Europe SmallCap Dividend UCITS ETF (WTES.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, WTEU.DE achieves a 17.48% return, which is significantly higher than WTES.DE's 7.11% return. Both investments have delivered pretty close results over the past 10 years, with WTEU.DE having a 8.14% annualized return and WTES.DE not far behind at 7.75%.


WTEU.DE

1D
0.30%
1M
6.38%
6M
12.59%
YTD
17.48%
1Y
26.10%
3Y*
15.45%
5Y*
12.01%
10Y*
8.14%

WTES.DE

1D
-1.30%
1M
0.03%
6M
3.90%
YTD
7.11%
1Y
10.66%
3Y*
12.04%
5Y*
5.73%
10Y*
7.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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


2026 (YTD)202520242023202220212020201920182017
WTEU.DE
WisdomTree US Equity Income UCITS ETF
17.48%-0.26%22.63%-3.52%13.33%34.75%-14.99%23.58%-4.25%-2.38%
WTES.DE
WisdomTree Europe SmallCap Dividend UCITS ETF
7.11%17.37%5.33%10.89%-15.66%27.92%-4.86%31.22%-18.52%16.96%

Correlation

The correlation between WTEU.DE and WTES.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.35

Correlation (3Y)
Calculated over the trailing 3-year period

0.41

Correlation (5Y)
Calculated over the trailing 5-year period

0.45

Correlation (10Y)
Calculated over the trailing 10-year period

0.45

Correlation (All Time)
Calculated using the full available price history since Feb 26, 2015

0.48

The correlation between WTEU.DE and WTES.DE shifts across timeframes, from 0.35 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

WTEU.DE vs. WTES.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: 8989
Overall Rank
WTEU.DE Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
WTEU.DE Sortino Ratio Rank: 9191
Sortino Ratio Rank
WTEU.DE Omega Ratio Rank: 8686
Omega Ratio Rank
WTEU.DE Calmar Ratio Rank: 9191
Calmar Ratio Rank
WTEU.DE Martin Ratio Rank: 8989
Martin Ratio Rank

WTES.DE
WTES.DE Risk / Return Rank: 3232
Overall Rank
WTES.DE Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
WTES.DE Sortino Ratio Rank: 2929
Sortino Ratio Rank
WTES.DE Omega Ratio Rank: 3030
Omega Ratio Rank
WTES.DE Calmar Ratio Rank: 3333
Calmar Ratio Rank
WTES.DE Martin Ratio Rank: 3535
Martin Ratio Rank
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. WTES.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 WisdomTree Europe SmallCap Dividend UCITS ETF (WTES.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.DEWTES.DEDifference
Sharpe ratioReturn per unit of total volatility

+1.50

Sortino ratioReturn per unit of downside risk

+2.11

Omega ratioGain probability vs. loss probability

1.40

1.16

+0.24

Calmar ratioReturn relative to maximum drawdown

4.35

1.27

+3.07

Martin ratioReturn relative to average drawdown

14.30

4.00

+10.30

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

The current WTEU.DE Sharpe Ratio is 2.35, which is higher than the WTES.DE Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of WTEU.DE and WTES.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.


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Drawdowns

WTEU.DE vs. WTES.DE - Drawdown Comparison

The maximum WTEU.DE drawdown since its inception was -36.46%, smaller than the maximum WTES.DE drawdown of -44.21%. Use the drawdown chart below to compare losses from any high point for WTEU.DE and WTES.DE.


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Drawdown Indicators


WTEU.DEWTES.DEDifference

Max Drawdown

Largest peak-to-trough decline

-36.46%

-44.21%

+7.75%

Max Drawdown (1Y)

Largest decline over 1 year

-5.97%

-8.34%

+2.37%

Max Drawdown (3Y)

Largest decline over 3 years

-20.72%

-13.40%

-7.32%

Max Drawdown (5Y)

Largest decline over 5 years

-20.72%

-26.53%

+5.81%

Max Drawdown (10Y)

Largest decline over 10 years

-36.46%

-44.21%

+7.75%

Current Drawdown

Current decline from peak

0.00%

-1.47%

+1.47%

Average Drawdown

Average peak-to-trough decline

-7.96%

-7.47%

-0.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.82%

2.66%

-0.84%

Volatility

WTEU.DE vs. WTES.DE - Volatility Comparison

WisdomTree US Equity Income UCITS ETF (WTEU.DE) and WisdomTree Europe SmallCap Dividend UCITS ETF (WTES.DE) have volatilities of 3.12% and 3.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


WTEU.DEWTES.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.12%

3.00%

+0.12%

Volatility (6M)

Calculated over the trailing 6-month period

8.32%

10.06%

-1.74%

Volatility (1Y)

Calculated over the trailing 1-year period

11.24%

12.45%

-1.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.54%

15.71%

-1.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.53%

16.15%

+1.38%

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

WTEU.DE has a 0.29% expense ratio, which is lower than WTES.DE's 0.38% expense ratio.


Dividends

WTEU.DE vs. WTES.DE - Dividend Comparison

WTEU.DE's dividend yield for the trailing twelve months is around 2.52%, less than WTES.DE's 3.84% yield.


PositionTTM20252024202320222021202020192018201720162015
WTES.DE
WisdomTree Europe SmallCap Dividend UCITS ETF
3.84%4.67%4.81%4.47%4.24%2.04%1.78%3.33%3.67%2.58%0.40%2.47%
WTEU.DE
WisdomTree US Equity Income UCITS ETF
2.52%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


WTEU.DE and WTES.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, WTEU.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

WTEU.DE is cheaper with a 0.29% expense ratio, compared with 0.38% for WTES.DE.

WTEU.DE tracks WisdomTree US Equity Income UCITS Index, while WTES.DE tracks WisdomTree Europe SmallCap Dividend UCITS Index Euro. Their fees differ too: 0.29% for WTEU.DE and 0.38% for WTES.DE.

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