XMWJ.DE vs. EUDF.DE
XMWJ.DE (WisdomTree Industrial Metals Enhanced) and EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) are both exchange-traded funds - XMWJ.DE is a Metals fund tracking the Optimised Roll Industrial Metals, while EUDF.DE is a Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR). Both are passively managed. Over the past year, XMWJ.DE returned 28.56% vs -3.37% for EUDF.DE. At a 0.17 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.
Performance
XMWJ.DE vs. EUDF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XMWJ.DE achieves a 11.66% return, which is significantly higher than EUDF.DE's 2.51% return.
XMWJ.DE
- 1D
- -0.39%
- 1M
- 4.31%
- YTD
- 11.66%
- 6M
- 17.70%
- 1Y
- 28.56%
- 3Y*
- 8.41%
- 5Y*
- 6.79%
- 10Y*
- —
EUDF.DE
- 1D
- 1.22%
- 1M
- -3.90%
- YTD
- 2.51%
- 6M
- 5.21%
- 1Y
- -3.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XMWJ.DE vs. EUDF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XMWJ.DE WisdomTree Industrial Metals Enhanced | 11.66% | 4.04% |
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 2.51% | 18.55% |
Correlation
The correlation between XMWJ.DE and EUDF.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.17 |
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Return for Risk
XMWJ.DE vs. EUDF.DE — Risk / Return Rank
XMWJ.DE
EUDF.DE
XMWJ.DE vs. EUDF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Industrial Metals Enhanced (XMWJ.DE) and WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.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.
| XMWJ.DE | EUDF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.96 | ||
| Sortino ratioReturn per unit of downside risk | +2.59 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.00 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | -0.17 | +4.06 |
| Martin ratioReturn relative to average drawdown | 12.97 | -0.39 | +13.36 |
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
| XMWJ.DE | EUDF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.85 | -0.12 | +1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.55 | -0.16 |
Drawdowns
XMWJ.DE vs. EUDF.DE - Drawdown Comparison
The maximum XMWJ.DE drawdown since its inception was -36.27%, which is greater than EUDF.DE's maximum drawdown of -19.51%. Use the drawdown chart below to compare losses from any high point for XMWJ.DE and EUDF.DE.
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Drawdown Indicators
| XMWJ.DE | EUDF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.27% | -19.51% | -16.76% |
Max Drawdown (1Y)Largest decline over 1 year | -7.31% | -19.51% | +12.20% |
Max Drawdown (3Y)Largest decline over 3 years | -21.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -36.27% | — | — |
Current DrawdownCurrent decline from peak | -14.55% | -14.05% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -18.56% | -6.55% | -12.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 8.29% | -6.09% |
Volatility
XMWJ.DE vs. EUDF.DE - Volatility Comparison
The current volatility for WisdomTree Industrial Metals Enhanced (XMWJ.DE) is 4.56%, while WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a volatility of 9.95%. This indicates that XMWJ.DE experiences smaller price fluctuations and is considered to be less risky than EUDF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMWJ.DE | EUDF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 9.95% | -5.39% |
Volatility (6M)Calculated over the trailing 6-month period | 12.97% | 22.54% | -9.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.40% | 29.15% | -13.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.70% | 30.89% | -11.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 30.89% | -12.41% |
XMWJ.DE vs. EUDF.DE - Expense Ratio Comparison
Both XMWJ.DE and EUDF.DE have an expense ratio of 0.40%.
Dividends
XMWJ.DE vs. EUDF.DE - Dividend Comparison
Neither XMWJ.DE nor EUDF.DE has paid dividends to shareholders.
Frequently Asked Questions
XMWJ.DE and EUDF.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XMWJ.DE and EUDF.DE have the same expense ratio: 0.40% per year.
XMWJ.DE is categorized as Metals, while EUDF.DE is Aerospace & Defense. XMWJ.DE tracks Optimised Roll Industrial Metals, while EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR).
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