WTRE vs. CXSE
WTRE (WisdomTree New Economy Real Estate ETF) and CXSE (WisdomTree China ex-State-Owned Enterprises Fund) are both exchange-traded funds - WTRE is a REIT fund tracking the CenterSquare New Economy Real Estate Index, while CXSE is a China Equities fund tracking the WisdomTree China ex-State-Owned Enterprises Index. Both are passively managed. Over the past 10 years, WTRE returned 3.98%/yr vs 7.47%/yr for CXSE. At a 0.50 correlation, their price movements are largely independent. WTRE charges 0.58%/yr vs 0.32%/yr for CXSE.
Performance
WTRE vs. CXSE - Performance Comparison
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Returns By Period
In the year-to-date period, WTRE achieves a 21.48% return, which is significantly higher than CXSE's -2.88% return. Over the past 10 years, WTRE has underperformed CXSE with an annualized return of 3.98%, while CXSE has yielded a comparatively higher 7.47% annualized return.
WTRE
- 1D
- -0.10%
- 1M
- 3.20%
- YTD
- 21.48%
- 6M
- 20.46%
- 1Y
- 41.05%
- 3Y*
- 18.08%
- 5Y*
- 1.24%
- 10Y*
- 3.98%
CXSE
- 1D
- -0.05%
- 1M
- -3.10%
- YTD
- -2.88%
- 6M
- -4.37%
- 1Y
- 16.59%
- 3Y*
- 8.84%
- 5Y*
- -8.60%
- 10Y*
- 7.47%
WTRE vs. CXSE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTRE WisdomTree New Economy Real Estate ETF | 21.48% | 26.36% | -3.27% | 14.07% | -31.68% | 1.00% | -15.74% | 22.28% | -11.21% | 37.80% |
CXSE WisdomTree China ex-State-Owned Enterprises Fund | -2.88% | 37.00% | 8.56% | -18.02% | -29.32% | -23.67% | 59.39% | 37.96% | -28.55% | 81.50% |
Correlation
The correlation between WTRE and CXSE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2012 | 0.50 |
The correlation between WTRE and CXSE shifts across timeframes, from 0.39 (3 years) to 0.50 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WTRE vs. CXSE — Risk / Return Rank
WTRE
CXSE
WTRE vs. CXSE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree New Economy Real Estate ETF (WTRE) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE). 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.
| WTRE | CXSE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.24 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.13 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.77 | 0.80 | +1.96 |
| Martin ratioReturn relative to average drawdown | 7.59 | 1.63 | +5.95 |
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Drawdowns
WTRE vs. CXSE - Drawdown Comparison
The maximum WTRE drawdown since its inception was -74.18%, which is greater than CXSE's maximum drawdown of -70.01%. Use the drawdown chart below to compare losses from any high point for WTRE and CXSE.
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Drawdown Indicators
| WTRE | CXSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.18% | -70.01% | -4.17% |
Max Drawdown (1Y)Largest decline over 1 year | -14.22% | -17.70% | +3.48% |
Max Drawdown (3Y)Largest decline over 3 years | -22.14% | -32.12% | +9.98% |
Max Drawdown (5Y)Largest decline over 5 years | -42.58% | -64.47% | +21.89% |
Max Drawdown (10Y)Largest decline over 10 years | -48.47% | -70.01% | +21.54% |
Current DrawdownCurrent decline from peak | -4.15% | -48.04% | +43.89% |
Average DrawdownAverage peak-to-trough decline | -24.95% | -27.86% | +2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.17% | 8.70% | -3.53% |
Volatility
WTRE vs. CXSE - Volatility Comparison
The current volatility for WisdomTree New Economy Real Estate ETF (WTRE) is 6.72%, while WisdomTree China ex-State-Owned Enterprises Fund (CXSE) has a volatility of 7.13%. This indicates that WTRE experiences smaller price fluctuations and is considered to be less risky than CXSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTRE | CXSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 7.13% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 16.43% | 15.04% | +1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.74% | 21.64% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.40% | 32.33% | -12.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.53% | 28.69% | -10.16% |
WTRE vs. CXSE - Expense Ratio Comparison
WTRE has a 0.58% expense ratio, which is higher than CXSE's 0.32% expense ratio.
Dividends
WTRE vs. CXSE - Dividend Comparison
WTRE's dividend yield for the trailing twelve months is around 2.00%, less than CXSE's 2.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CXSE WisdomTree China ex-State-Owned Enterprises Fund | 2.06% | 1.95% | 1.70% | 1.71% | 1.55% | 0.86% | 0.54% | 0.96% | 1.49% | 1.24% | 1.39% | 2.50% |
WTRE WisdomTree New Economy Real Estate ETF | 2.00% | 2.33% | 2.69% | 2.05% | 1.68% | 6.47% | 2.96% | 7.88% | 4.49% | 6.34% | 5.96% | 4.58% |
Frequently Asked Questions
WTRE and CXSE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CXSE has higher volatility (7.13%) compared to WTRE (6.72%). In terms of maximum drawdown, WTRE dropped -74.18% vs CXSE's -70.01%.
On 10-year performance, CXSE leads with 7.47% vs 3.98% for WTRE. On fees, CXSE is cheaper at 0.32% per year. On volatility, WTRE has been the lower-risk option at 6.72%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, CXSE has performed better with a 7.47% return vs 3.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CXSE is cheaper with a 0.32% expense ratio, compared with 0.58% for WTRE.
CXSE has the higher dividend yield at 2.06%, compared with 2.00% for WTRE.
WTRE is categorized as REIT, while CXSE is China Equities. WTRE tracks CenterSquare New Economy Real Estate Index, while CXSE tracks WisdomTree China ex-State-Owned Enterprises Index. Their fees differ too: 0.58% for WTRE and 0.32% for CXSE.
WTRE currently has the higher Sharpe Ratio (1.90 vs 0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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