WTIC.DE vs. PIT
Compare and contrast key facts about WisdomTree Enhanced Commodity UCITS ETF USD Acc (WTIC.DE) and VanEck Commodity Strategy ETF (PIT).
WTIC.DE and PIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTIC.DE is a passively managed fund by WisdomTree that tracks the performance of the Optimised Roll Commodity. It was launched on Apr 27, 2016. PIT is an actively managed fund by VanEck. It was launched on Dec 20, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTIC.DE or PIT.
Correlation
The correlation between WTIC.DE and PIT is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WTIC.DE vs. PIT - Performance Comparison
Key characteristics
WTIC.DE:
1.41
PIT:
0.82
WTIC.DE:
2.08
PIT:
1.24
WTIC.DE:
1.25
PIT:
1.15
WTIC.DE:
0.64
PIT:
0.98
WTIC.DE:
4.02
PIT:
2.77
WTIC.DE:
4.10%
PIT:
4.08%
WTIC.DE:
11.62%
PIT:
13.76%
WTIC.DE:
-25.90%
PIT:
-12.27%
WTIC.DE:
-11.77%
PIT:
0.00%
Returns By Period
In the year-to-date period, WTIC.DE achieves a 7.25% return, which is significantly higher than PIT's 6.32% return.
WTIC.DE
7.25%
1.63%
16.52%
17.67%
N/A
N/A
PIT
6.32%
1.23%
10.30%
10.47%
N/A
N/A
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WTIC.DE vs. PIT - Expense Ratio Comparison
WTIC.DE has a 0.35% expense ratio, which is lower than PIT's 0.55% expense ratio.
Risk-Adjusted Performance
WTIC.DE vs. PIT — Risk-Adjusted Performance Rank
WTIC.DE
PIT
WTIC.DE vs. PIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity UCITS ETF USD Acc (WTIC.DE) and VanEck Commodity Strategy ETF (PIT). 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.
Dividends
WTIC.DE vs. PIT - Dividend Comparison
WTIC.DE has not paid dividends to shareholders, while PIT's dividend yield for the trailing twelve months is around 3.38%.
TTM | 2024 | 2023 | |
---|---|---|---|
WTIC.DE WisdomTree Enhanced Commodity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% |
PIT VanEck Commodity Strategy ETF | 3.38% | 3.59% | 6.44% |
Drawdowns
WTIC.DE vs. PIT - Drawdown Comparison
The maximum WTIC.DE drawdown since its inception was -25.90%, which is greater than PIT's maximum drawdown of -12.27%. Use the drawdown chart below to compare losses from any high point for WTIC.DE and PIT. For additional features, visit the drawdowns tool.
Volatility
WTIC.DE vs. PIT - Volatility Comparison
WisdomTree Enhanced Commodity UCITS ETF USD Acc (WTIC.DE) has a higher volatility of 2.88% compared to VanEck Commodity Strategy ETF (PIT) at 2.72%. This indicates that WTIC.DE's price experiences larger fluctuations and is considered to be riskier than PIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.