XSOE.DE vs. WTD8.DE

Last updated Jun 5, 2026

XSOE.DE (WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF) and WTD8.DE (WisdomTree Emerging Markets Equity Income UCITS ETF Acc) are both Emerging Markets Equities funds from WisdomTree - XSOE.DE tracks the WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened while WTD8.DE tracks the WisdomTree Emerging Markets Equity Income. Both are passively managed. Over the past 3 years, XSOE.DE returned 18.45%/yr vs 15.87%/yr for WTD8.DE. A 0.77 correlation means they provide meaningful diversification when combined. XSOE.DE charges 0.32%/yr vs 0.46%/yr for WTD8.DE.

Performance

XSOE.DE vs. WTD8.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.DE) and WisdomTree Emerging Markets Equity Income UCITS ETF Acc (WTD8.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XSOE.DE achieves a 24.59% return, which is significantly higher than WTD8.DE's 19.39% return.

XSOE.DE

• 1D: -1.43%
• 1M: 6.23%
• YTD: 24.59%
• 6M: 26.89%
• 1Y: 47.18%
• 3Y*: 18.45%
• 5Y*: —
• 10Y*: —

WTD8.DE

• 1D: -0.85%
• 1M: 5.20%
• YTD: 19.39%
• 6M: 19.01%
• 1Y: 27.08%
• 3Y*: 15.87%
• 5Y*: 10.72%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XSOE.DE vs. WTD8.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XSOE.DE WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF	24.59%	16.93%	10.26%	6.05%	-19.00%	3.24%
WTD8.DE WisdomTree Emerging Markets Equity Income UCITS ETF Acc	19.39%	7.57%	11.50%	17.20%	-7.38%	8.22%

Correlation

The correlation between XSOE.DE and WTD8.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021	0.77

The correlation between XSOE.DE and WTD8.DE has been stable across timeframes, ranging from 0.76 to 0.78 - a consistent structural relationship.

Return for Risk

XSOE.DE vs. WTD8.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XSOE.DE

XSOE.DE Risk / Return Rank: 81
XSOE.DE Sharpe Ratio Rank: 81
XSOE.DE Sortino Ratio Rank: 79
XSOE.DE Omega Ratio Rank: 80
XSOE.DE Calmar Ratio Rank: 83
XSOE.DE Martin Ratio Rank: 82

WTD8.DE

WTD8.DE Risk / Return Rank: 76
WTD8.DE Sharpe Ratio Rank: 71
WTD8.DE Sortino Ratio Rank: 75
WTD8.DE Omega Ratio Rank: 69
WTD8.DE Calmar Ratio Rank: 83
WTD8.DE Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XSOE.DE vs. WTD8.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.DE) and WisdomTree Emerging Markets Equity Income UCITS ETF Acc (WTD8.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.

	XSOE.DE	WTD8.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.60	2.29	+0.31
Sortino ratio: Return per unit of downside risk	3.50	3.33	+0.18
Omega ratio: Gain probability vs. loss probability	1.47	1.40	+0.07
Calmar ratio: Return relative to maximum drawdown	4.33	4.38	-0.05
Martin ratio: Return relative to average drawdown	15.99	15.35	+0.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSOE.DE vs. WTD8.DE - Sharpe Ratio Comparison

The current XSOE.DE Sharpe Ratio is 2.60, which is comparable to the WTD8.DE Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of XSOE.DE and WTD8.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XSOE.DE	WTD8.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	2.29	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.57	-0.13

Drawdowns

XSOE.DE vs. WTD8.DE - Drawdown Comparison

The maximum XSOE.DE drawdown since its inception was -27.69%, smaller than the maximum WTD8.DE drawdown of -34.98%. Use the drawdown chart below to compare losses from any high point for XSOE.DE and WTD8.DE.

Drawdown Indicators

	XSOE.DE	WTD8.DE	Difference
Max Drawdown Largest peak-to-trough decline	-27.69%	-34.98%	+7.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.85%	-6.15%	-4.70%
Max Drawdown (3Y) Largest decline over 3 years	-19.83%	-16.79%	-3.04%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.08%	—
Current Drawdown Current decline from peak	-2.39%	-1.72%	-0.67%
Average Drawdown Average peak-to-trough decline	-12.90%	-5.99%	-6.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	1.76%	+1.18%

Volatility

XSOE.DE vs. WTD8.DE - Volatility Comparison

WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.DE) has a higher volatility of 7.20% compared to WisdomTree Emerging Markets Equity Income UCITS ETF Acc (WTD8.DE) at 4.68%. This indicates that XSOE.DE's price experiences larger fluctuations and is considered to be riskier than WTD8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSOE.DE	WTD8.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.20%	4.68%	+2.52%
Volatility (6M) Calculated over the trailing 6-month period	15.05%	9.35%	+5.70%
Volatility (1Y) Calculated over the trailing 1-year period	18.10%	11.77%	+6.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.27%	13.54%	+3.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.27%	16.08%	+1.19%

XSOE.DE vs. WTD8.DE - Expense Ratio Comparison

XSOE.DE has a 0.32% expense ratio, which is lower than WTD8.DE's 0.46% expense ratio.

Dividends

XSOE.DE vs. WTD8.DE - Dividend Comparison

Neither XSOE.DE nor WTD8.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XSOE.DE and WTD8.DE in my portfolio?

XSOE.DE and WTD8.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XSOE.DE or WTD8.DE?

On fees, XSOE.DE is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XSOE.DE or WTD8.DE?

XSOE.DE is cheaper with a 0.32% expense ratio, compared with 0.46% for WTD8.DE.

What is the main difference between XSOE.DE and WTD8.DE?

XSOE.DE tracks WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened, while WTD8.DE tracks WisdomTree Emerging Markets Equity Income. Their fees differ too: 0.32% for XSOE.DE and 0.46% for WTD8.DE.