WTIC.DE vs. M9SA.DE

Last updated Jun 5, 2026

WTIC.DE (WisdomTree Enhanced Commodity UCITS ETF USD Acc) and M9SA.DE (Market Access Rogers International Commodity UCITS ETF) are both Commodities funds - WTIC.DE tracks the Optimised Roll Commodity while M9SA.DE tracks the Rogers International Commodity (RICI). Both are passively managed. Over the past 5 years, WTIC.DE returned 12.56%/yr vs 13.63%/yr for M9SA.DE. Their correlation of 0.84 suggests significant overlap in exposure. WTIC.DE charges 0.35%/yr vs 0.60%/yr for M9SA.DE.

Performance

WTIC.DE vs. M9SA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Enhanced Commodity UCITS ETF USD Acc (WTIC.DE) and Market Access Rogers International Commodity UCITS ETF (M9SA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with WTIC.DE having a 30.86% return and M9SA.DE slightly higher at 32.08%.

WTIC.DE

• 1D: -1.31%
• 1M: -2.39%
• YTD: 30.86%
• 6M: 32.69%
• 1Y: 41.43%
• 3Y*: 13.11%
• 5Y*: 12.56%
• 10Y*: —

M9SA.DE

• 1D: -1.46%
• 1M: -3.15%
• YTD: 32.08%
• 6M: 32.39%
• 1Y: 39.29%
• 3Y*: 12.05%
• 5Y*: 13.63%
• 10Y*: 7.64%

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

WTIC.DE vs. M9SA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTIC.DE WisdomTree Enhanced Commodity UCITS ETF USD Acc	30.86%	3.73%	9.08%	-9.89%	18.67%	39.27%	-8.75%	10.10%	-5.33%	-7.47%
M9SA.DE Market Access Rogers International Commodity UCITS ETF	32.08%	-4.38%	10.96%	-8.16%	23.00%	52.58%	-18.26%	13.66%	-5.52%	-10.12%

Correlation

The correlation between WTIC.DE and M9SA.DE is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jun 10, 2016	0.84

The correlation between WTIC.DE and M9SA.DE has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Return for Risk

WTIC.DE vs. M9SA.DE — Risk / Return Rank

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

WTIC.DE

WTIC.DE Risk / Return Rank: 73
WTIC.DE Sharpe Ratio Rank: 71
WTIC.DE Sortino Ratio Rank: 65
WTIC.DE Omega Ratio Rank: 70
WTIC.DE Calmar Ratio Rank: 90
WTIC.DE Martin Ratio Rank: 70

M9SA.DE

M9SA.DE Risk / Return Rank: 57
M9SA.DE Sharpe Ratio Rank: 53
M9SA.DE Sortino Ratio Rank: 46
M9SA.DE Omega Ratio Rank: 55
M9SA.DE Calmar Ratio Rank: 83
M9SA.DE Martin Ratio Rank: 50

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.

WTIC.DE vs. M9SA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity UCITS ETF USD Acc (WTIC.DE) and Market Access Rogers International Commodity UCITS ETF (M9SA.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.

	WTIC.DE	M9SA.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.30	1.77	+0.53
Sortino ratio: Return per unit of downside risk	2.98	2.27	+0.71
Omega ratio: Gain probability vs. loss probability	1.41	1.33	+0.07
Calmar ratio: Return relative to maximum drawdown	5.55	4.36	+1.19
Martin ratio: Return relative to average drawdown	12.79	8.24	+4.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTIC.DE vs. M9SA.DE - Sharpe Ratio Comparison

The current WTIC.DE Sharpe Ratio is 2.30, which is comparable to the M9SA.DE Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of WTIC.DE and M9SA.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.

Sharpe Ratios by Period

	WTIC.DE	M9SA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.30	1.77	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.70	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.07	+0.47

Drawdowns

WTIC.DE vs. M9SA.DE - Drawdown Comparison

The maximum WTIC.DE drawdown since its inception was -25.90%, smaller than the maximum M9SA.DE drawdown of -68.53%. Use the drawdown chart below to compare losses from any high point for WTIC.DE and M9SA.DE.

Drawdown Indicators

	WTIC.DE	M9SA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-25.90%	-68.53%	+42.63%
Max Drawdown (1Y) Largest decline over 1 year	-7.43%	-8.98%	+1.55%
Max Drawdown (3Y) Largest decline over 3 years	-13.51%	-17.75%	+4.24%
Max Drawdown (5Y) Largest decline over 5 years	-25.90%	-27.06%	+1.16%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.54%	—
Current Drawdown Current decline from peak	-3.46%	-5.62%	+2.16%
Average Drawdown Average peak-to-trough decline	-12.05%	-33.68%	+21.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	4.76%	-1.53%

Volatility

WTIC.DE vs. M9SA.DE - Volatility Comparison

The current volatility for WisdomTree Enhanced Commodity UCITS ETF USD Acc (WTIC.DE) is 5.73%, while Market Access Rogers International Commodity UCITS ETF (M9SA.DE) has a volatility of 6.09%. This indicates that WTIC.DE experiences smaller price fluctuations and is considered to be less risky than M9SA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTIC.DE	M9SA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.73%	6.09%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	15.76%	19.44%	-3.68%
Volatility (1Y) Calculated over the trailing 1-year period	17.94%	22.09%	-4.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.14%	19.25%	-3.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.10%	18.11%	-4.01%

WTIC.DE vs. M9SA.DE - Expense Ratio Comparison

WTIC.DE has a 0.35% expense ratio, which is lower than M9SA.DE's 0.60% expense ratio.

Dividends

WTIC.DE vs. M9SA.DE - Dividend Comparison

Neither WTIC.DE nor M9SA.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WTIC.DE and M9SA.DE in my portfolio?

With a correlation of 0.91, WTIC.DE and M9SA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, WTIC.DE or M9SA.DE?

On fees, WTIC.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTIC.DE or M9SA.DE?

WTIC.DE is cheaper with a 0.35% expense ratio, compared with 0.60% for M9SA.DE.

What is the main difference between WTIC.DE and M9SA.DE?

WTIC.DE tracks Optimised Roll Commodity, while M9SA.DE tracks Rogers International Commodity (RICI). They also come from different issuers: WisdomTree and China Post Global. Their fees differ too: 0.35% for WTIC.DE and 0.60% for M9SA.DE.