# Wisdomtree Europe Defence Ucits ETF Accum EUR (WDEP) **Page:** https://fundology.uk/fund/wdep · ISIN IE0002Y8CX98 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, WDEP (Wisdomtree Europe Defence Ucits ETF Accum EUR, ISIN IE0002Y8CX98) closed at £24.97 on the London Stock Exchange. Its ongoing charge is 0.41% a year (about £41 on £10,000). Over the year to 13/11/2026 its total return was −1.6%, or −5.1% after UK CPIH inflation. ## Summary Wisdomtree Europe Defence Ucits ETF Accum EUR is an exchange-traded fund (ETF) from WisdomTree, launched in 2025. It tracks the WisdomTree Europe Defence UCITS Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.41% a year — about £41 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£24.97** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | WDEP | | ISIN | IE0002Y8CX98 | | Also listed as | EUDF (London Stock Exchange, US dollars), WDEF (London Stock Exchange, euros) | | Category | Single sectors | | Type | ETF | | Provider | WisdomTree | | Tracks | WisdomTree Europe Defence UCITS Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.41% a year (£41 per £10,000) | | Fund size | £3.7bn | | Launched | 2025 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 12/03/2025 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -1.59% | -5.08% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Wisdomtree Europe Defence Ucits ETF Accum EUR in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −6.8%. Returns of Wisdomtree Europe Defence Ucits ETF Accum EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −12.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | -6.8% | -9.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 35.39% | -20.21% | ## Largest fall Volatility of Wisdomtree Europe Defence Ucits ETF Accum EUR in pounds, annualised from weekly returns to 13/11/2026: 35.4% over 1 year. Largest fall in the price of Wisdomtree Europe Defence Ucits ETF Accum EUR since March 2025, in pounds: −20.2% from 20/02/2026 to 06/11/2026. On 13/11/2026 the price of Wisdomtree Europe Defence Ucits ETF Accum EUR was 19.0% below its highest weekly close since March 2025 (20/02/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Wisdomtree Europe Defence Ucits ETF Accum EUR 0.41% a year. Compared on 14/11/2026, 64 of the 164 other single-sector funds charge more, 0 the same and 100 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.41%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of WDEP?** The ongoing charge of WDEP is 0.41% a year — about £41 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Wisdomtree Europe Defence Ucits ETF Accum EUR 0.41% a year. Compared on 14/11/2026, 64 of the 164 other single-sector funds charge more, 0 the same and 100 less (share classes counted once). **What does WDEP track?** WDEP tracks the WisdomTree Europe Defence UCITS Index - Benchmark TR Net. **Is WDEP accumulating or distributing?** WDEP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of WDEP?** The ISIN of WDEP is IE0002Y8CX98. An ISIN identifies one exact share class of a fund; WDEP is its ticker on the London Stock Exchange. The same share class is also listed as EUDF (London Stock Exchange, US dollars) and WDEF (London Stock Exchange, euros). **What were WDEP’s returns in each of the last five years?** Calendar-year returns of WDEP in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −6.8%. Past performance is not a guide to future returns. **How has WDEP done after inflation?** Over the year to 13/11/2026 WDEP’s total return was −1.6%, or −5.1% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.