WTRE.DE vs. PCOM.DE
WTRE.DE (WisdomTree New Economy Real Estate UCITS ETF USD Acc) and PCOM.DE (WisdomTree Broad Commodities UCITS ETF) are both exchange-traded funds - WTRE.DE is a REIT fund tracking the CenterSquare New Economy Real Estate, while PCOM.DE is a Commodities fund tracking the Bloomberg Commodity. Both are passively managed. Over the past 3 years, WTRE.DE returned 16.45%/yr vs 13.46%/yr for PCOM.DE. At a 0.08 correlation, their price movements are largely independent. WTRE.DE charges 0.45%/yr vs 0.19%/yr for PCOM.DE.
Performance
WTRE.DE vs. PCOM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WTRE.DE achieves a 23.44% return, which is significantly lower than PCOM.DE's 25.30% return.
WTRE.DE
- 1D
- -1.20%
- 1M
- 6.75%
- YTD
- 23.44%
- 6M
- 21.24%
- 1Y
- 44.31%
- 3Y*
- 16.45%
- 5Y*
- —
- 10Y*
- —
PCOM.DE
- 1D
- 0.54%
- 1M
- -1.79%
- YTD
- 25.30%
- 6M
- 26.22%
- 1Y
- 37.88%
- 3Y*
- 13.46%
- 5Y*
- —
- 10Y*
- —
WTRE.DE vs. PCOM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WTRE.DE WisdomTree New Economy Real Estate UCITS ETF USD Acc | 23.44% | 17.67% | 0.40% | 10.12% | -17.45% |
PCOM.DE WisdomTree Broad Commodities UCITS ETF | 25.30% | 5.09% | 10.91% | -10.29% | 10.88% |
Correlation
The correlation between WTRE.DE and PCOM.DE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2022 | 0.08 |
The correlation between WTRE.DE and PCOM.DE shifts across timeframes, from -0.02 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WTRE.DE vs. PCOM.DE — Risk / Return Rank
WTRE.DE
PCOM.DE
WTRE.DE vs. PCOM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree New Economy Real Estate UCITS ETF USD Acc (WTRE.DE) and WisdomTree Broad Commodities UCITS ETF (PCOM.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.
| WTRE.DE | PCOM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.34 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 4.17 | -0.93 |
| Martin ratioReturn relative to average drawdown | 8.61 | 9.37 | -0.76 |
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
| WTRE.DE | PCOM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.23 | 1.89 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.64 | -0.26 |
Drawdowns
WTRE.DE vs. PCOM.DE - Drawdown Comparison
The maximum WTRE.DE drawdown since its inception was -32.32%, which is greater than PCOM.DE's maximum drawdown of -27.22%. Use the drawdown chart below to compare losses from any high point for WTRE.DE and PCOM.DE.
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Drawdown Indicators
| WTRE.DE | PCOM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.32% | -27.22% | -5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -13.63% | -8.82% | -4.81% |
Max Drawdown (3Y)Largest decline over 3 years | -23.53% | -15.80% | -7.73% |
Current DrawdownCurrent decline from peak | -2.46% | -3.52% | +1.06% |
Average DrawdownAverage peak-to-trough decline | -15.54% | -15.90% | +0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.13% | 3.93% | +1.20% |
Volatility
WTRE.DE vs. PCOM.DE - Volatility Comparison
WisdomTree New Economy Real Estate UCITS ETF USD Acc (WTRE.DE) has a higher volatility of 6.78% compared to WisdomTree Broad Commodities UCITS ETF (PCOM.DE) at 6.27%. This indicates that WTRE.DE's price experiences larger fluctuations and is considered to be riskier than PCOM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTRE.DE | PCOM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 6.27% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 13.94% | 17.17% | -3.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.83% | 19.43% | +0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.54% | 17.76% | -0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.54% | 17.76% | -0.22% |
WTRE.DE vs. PCOM.DE - Expense Ratio Comparison
WTRE.DE has a 0.45% expense ratio, which is higher than PCOM.DE's 0.19% expense ratio.
Dividends
WTRE.DE vs. PCOM.DE - Dividend Comparison
Neither WTRE.DE nor PCOM.DE has paid dividends to shareholders.
Frequently Asked Questions
WTRE.DE and PCOM.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PCOM.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PCOM.DE is cheaper with a 0.19% expense ratio, compared with 0.45% for WTRE.DE.
WTRE.DE is categorized as REIT, while PCOM.DE is Commodities. WTRE.DE tracks CenterSquare New Economy Real Estate, while PCOM.DE tracks Bloomberg Commodity. Their fees differ too: 0.45% for WTRE.DE and 0.19% for PCOM.DE.
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