WTEH vs WCOA
IE00BG88WG77WisdomTreeIE00BYMLZY74WisdomTreeThe comparison in short
WTEH (WisdomTree Enhanced Commodity UCITS ETF - EUR Hedged Acc, IE00BG88WG77) and WCOA (WisdomTree Enhanced Commodity UCITS ETF - USD Acc, IE00BYMLZY74) both track the WisdomTree Enhanced Commodity index. WTEH and WCOA have the same total expense ratio (TER), 0.23% a year. WTEH reports USD 2,407,154,096 in assets and WCOA USD 2,407,154,096. None of the holdings published by WTEH (top 10) and WCOA (top 10) appears in both lists; both disclose only part of their portfolio. In 2025, WTEH returned +12.5% and WCOA +15.0%, a gap of 2.5 percentage points. Over 3 years, WTEH returned +13.3% a year and WCOA +15.2% a year. Returns are in each share class's currency (EUR and USD), so part of the gap reflects exchange rates. WTEH and WCOA both reinvest their income (accumulating share classes). WTEH and WCOA both hold the index securities directly (physical replication). Both are domiciled in Ireland. WTEH and WCOA both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.
Side by side
| Figure | WTEH | WCOA |
|---|---|---|
| ISIN | IE00BG88WG77 | IE00BYMLZY74 |
| Exchange tickers | WTEH, WCOE | WCOA, WCOB, WTIC |
| Fund house | WisdomTree | WisdomTree |
| Total expense ratio (TER) | 0.23% | 0.23% |
| Ongoing charges (KID) | 0.23% | 0.23% |
| Fund size | USD 2,407,154,096 | USD 2,407,154,096 |
| Launch date | August 14, 2018 | April 27, 2016 |
| Replication | Physical | Physical |
| Domicile | Ireland | Ireland |
| Distribution policy | Accumulating | Accumulating |
| Share class currency | EUR | USD |
| Risk indicator (SRRI) | 4 / 7 | 4 / 7 |
| SFDR classification | Article 6 | Article 6 |
| Benchmark | WisdomTree Enhanced Commodity Total Return Index | WisdomTree Enhanced Commodity Total Return Index |
Performance
Calendar-year returns
| Year | WTEH | WCOA | Difference |
|---|---|---|---|
| 2025 | +12.5% | +15.0% | −2.5 |
| 2024 | +1.8% | +3.6% | −1.8 |
| 2023 | −9.9% | −7.6% | −2.3 |
| 2022 | +10.2% | +13.0% | −2.8 |
| 2021 | +24.7% | +26.6% | −1.9 |
| 2020 | −0.5% | +1.7% | −2.2 |
Annualised returns
| Period | WTEH | WCOA | Difference |
|---|---|---|---|
| 1 year | +41.9% | +44.1% | −2.2 |
| 3 years | +13.3% | +15.2% | −1.9 |
Holdings
None of the holdings published by WTEH (top 10) and WCOA (top 10) appears in both lists; both disclose only part of their portfolio.
Top 10 holdings of WTEH
| # | Holding | Weight |
|---|---|---|
| 1 | LAM RESEARCH CORP | 8.48% |
| 2 | Apple Inc | 7.21% |
| 3 | Qualcomm Inc | 5.30% |
| 4 | Wells Fargo & Co | 4.74% |
| 5 | KLA Corp | 4.69% |
| 6 | Waste Management Inc | 4.38% |
| 7 | Parker Hannifin Corp | 3.66% |
| 8 | Analog Devices Inc | 3.59% |
| 9 | Microsoft Corp | 3.42% |
| 10 | ConocoPhillips | 2.93% |
Top 10 holdings of WCOA
| # | Holding | Weight |
|---|---|---|
| 1 | Brent Crude | 13.14% |
| 2 | Gold | 11.44% |
| 3 | WTI Crude Oil | 8.89% |
| 4 | Soybeans | 8.55% |
| 5 | Corn | 5.49% |
| 6 | Gasoil | 5.39% |
| 7 | Aluminium | 5.05% |
| 8 | Heating Oil | 4.95% |
| 9 | Soybean Meal | 4.76% |
| 10 | Zinc | 3.42% |
Sectors and countries
Largest sectors of WTEH
- 38.9%
- 31.3%
- 14.0%
- 12.2%
- 3.5%
Largest sectors of WCOA
- 38.9%
- 31.3%
- 14.0%
- 12.2%
- 3.5%
Largest countries of WTEH
- 100.0%
Largest countries of WCOA
- 100.0%