XMWJ.DE vs. WTEE.DE
XMWJ.DE (WisdomTree Industrial Metals Enhanced) and WTEE.DE (WisdomTree Europe Equity Income UCITS ETF) are both exchange-traded funds - XMWJ.DE is a Metals fund tracking the Optimised Roll Industrial Metals, while WTEE.DE is a Europe Equities fund tracking the WisdomTree Europe Equity Income. Both are passively managed. Over the past 5 years, XMWJ.DE returned 6.79%/yr vs 12.46%/yr for WTEE.DE. At a 0.24 correlation, their price movements are largely independent. XMWJ.DE charges 0.40%/yr vs 0.29%/yr for WTEE.DE.
Performance
XMWJ.DE vs. WTEE.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 lower than WTEE.DE's 13.70% 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*
- —
WTEE.DE
- 1D
- -0.26%
- 1M
- 0.42%
- YTD
- 13.70%
- 6M
- 16.59%
- 1Y
- 26.04%
- 3Y*
- 17.15%
- 5Y*
- 12.46%
- 10Y*
- —
XMWJ.DE vs. WTEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XMWJ.DE WisdomTree Industrial Metals Enhanced | 11.66% | 3.54% | 10.30% | -10.91% | 5.77% | 37.50% | 10.54% |
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 13.70% | 28.40% | 2.20% | 15.07% | 0.05% | 18.73% | 6.60% |
Correlation
The correlation between XMWJ.DE and WTEE.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2020 | 0.24 |
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Return for Risk
XMWJ.DE vs. WTEE.DE — Risk / Return Rank
XMWJ.DE
WTEE.DE
XMWJ.DE vs. WTEE.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 Equity Income UCITS ETF (WTEE.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 | WTEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.43 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | 3.80 | +0.09 |
| Martin ratioReturn relative to average drawdown | 12.97 | 14.72 | -1.75 |
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 | WTEE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.85 | 2.35 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.93 | -0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 1.08 | -0.69 |
Drawdowns
XMWJ.DE vs. WTEE.DE - Drawdown Comparison
The maximum XMWJ.DE drawdown since its inception was -36.27%, which is greater than WTEE.DE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for XMWJ.DE and WTEE.DE.
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Drawdown Indicators
| XMWJ.DE | WTEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.27% | -16.45% | -19.82% |
Max Drawdown (1Y)Largest decline over 1 year | -7.31% | -6.78% | -0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -21.35% | -14.12% | -7.23% |
Max Drawdown (5Y)Largest decline over 5 years | -36.27% | -16.45% | -19.82% |
Current DrawdownCurrent decline from peak | -14.55% | -1.96% | -12.59% |
Average DrawdownAverage peak-to-trough decline | -18.56% | -2.65% | -15.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 1.75% | +0.45% |
Volatility
XMWJ.DE vs. WTEE.DE - Volatility Comparison
WisdomTree Industrial Metals Enhanced (XMWJ.DE) has a higher volatility of 4.56% compared to WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) at 3.73%. This indicates that XMWJ.DE's price experiences larger fluctuations and is considered to be riskier than WTEE.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 | WTEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 3.73% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 12.97% | 8.73% | +4.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.40% | 10.94% | +4.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.70% | 14.50% | +5.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 14.99% | +3.49% |
XMWJ.DE vs. WTEE.DE - Expense Ratio Comparison
XMWJ.DE has a 0.40% expense ratio, which is higher than WTEE.DE's 0.29% expense ratio.
Dividends
XMWJ.DE vs. WTEE.DE - Dividend Comparison
XMWJ.DE has not paid dividends to shareholders, while WTEE.DE's dividend yield for the trailing twelve months is around 4.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 4.55% | 5.37% | 6.81% | 5.61% | 5.35% | 4.64% |
XMWJ.DE WisdomTree Industrial Metals Enhanced | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XMWJ.DE and WTEE.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEE.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEE.DE is cheaper with a 0.29% expense ratio, compared with 0.40% for XMWJ.DE.
XMWJ.DE is categorized as Metals, while WTEE.DE is Europe Equities. XMWJ.DE tracks Optimised Roll Industrial Metals, while WTEE.DE tracks WisdomTree Europe Equity Income. Their fees differ too: 0.40% for XMWJ.DE and 0.29% for WTEE.DE.
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