WTNR.L vs. WNEW.L
WTNR.L (WisdomTree New Economy Real Estate UCITS ETF USD Acc) and WNEW.L (WisdomTree New Economy Real Estate UCITS ETF USD Dist) are both REIT funds from WisdomTree tracking the FTSE EPRA Nareit Global TR USD. Both are passively managed. Over the past 3 years, WTNR.L returned 16.68%/yr vs 16.70%/yr for WNEW.L. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.45% expense ratio.
Performance
WTNR.L vs. WNEW.L - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with WTNR.L having a 22.49% return and WNEW.L slightly lower at 22.36%.
WTNR.L
- 1D
- -0.94%
- 1M
- 7.19%
- YTD
- 22.49%
- 6M
- 20.45%
- 1Y
- 48.63%
- 3Y*
- 16.68%
- 5Y*
- —
- 10Y*
- —
WNEW.L
- 1D
- -1.10%
- 1M
- 7.07%
- YTD
- 22.36%
- 6M
- 20.28%
- 1Y
- 48.84%
- 3Y*
- 16.70%
- 5Y*
- —
- 10Y*
- —
WTNR.L vs. WNEW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WTNR.L WisdomTree New Economy Real Estate UCITS ETF USD Acc | 22.49% | 22.86% | -3.23% | 7.76% | -11.51% |
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 22.36% | 23.24% | -3.45% | 6.97% | -11.55% |
Correlation
The correlation between WTNR.L and WNEW.L is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Feb 16, 2022 | 0.92 |
The correlation between WTNR.L and WNEW.L has been stable across timeframes, ranging from 0.92 to 0.97 - a consistent structural relationship.
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Return for Risk
WTNR.L vs. WNEW.L — Risk / Return Rank
WTNR.L
WNEW.L
WTNR.L vs. WNEW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree New Economy Real Estate UCITS ETF USD Acc (WTNR.L) and WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L). 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.
| WTNR.L | WNEW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.41 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | 3.81 | -0.04 |
| Martin ratioReturn relative to average drawdown | 9.73 | 9.87 | -0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WTNR.L | WNEW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 2.50 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.42 | +0.05 |
Drawdowns
WTNR.L vs. WNEW.L - Drawdown Comparison
The maximum WTNR.L drawdown since its inception was -29.28%, roughly equal to the maximum WNEW.L drawdown of -29.88%. Use the drawdown chart below to compare losses from any high point for WTNR.L and WNEW.L.
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Drawdown Indicators
| WTNR.L | WNEW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.28% | -29.88% | +0.60% |
Max Drawdown (1Y)Largest decline over 1 year | -12.84% | -12.75% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -20.61% | -20.58% | -0.03% |
Current DrawdownCurrent decline from peak | -2.54% | -2.60% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -14.62% | -14.35% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.98% | 4.93% | +0.05% |
Volatility
WTNR.L vs. WNEW.L - Volatility Comparison
WisdomTree New Economy Real Estate UCITS ETF USD Acc (WTNR.L) and WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) have volatilities of 7.73% and 7.58%, 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
| WTNR.L | WNEW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.73% | 7.58% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 13.68% | 13.79% | -0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.55% | 19.54% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.20% | 17.21% | +0.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.20% | 17.21% | +0.99% |
WTNR.L vs. WNEW.L - Expense Ratio Comparison
Both WTNR.L and WNEW.L have an expense ratio of 0.45%.
Dividends
WTNR.L vs. WNEW.L - Dividend Comparison
WTNR.L has not paid dividends to shareholders, while WNEW.L's dividend yield for the trailing twelve months is around 1.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 1.30% | 1.70% | 1.83% | 1.23% | 0.72% |
WTNR.L WisdomTree New Economy Real Estate UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, WTNR.L and WNEW.L 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.
Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WTNR.L and WNEW.L have the same expense ratio: 0.45% per year.
Both ETFs track FTSE EPRA Nareit Global TR USD.
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