- ISIN
- US97717X2716
- CUSIP
- 97717X271
- Issuer
- WisdomTree
- Inception Date
- Jan 7, 2016
- Region
- Developed Markets (Broad)
- Category
- Foreign Small & Mid Cap Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- WisdomTree Dynamic Currency Hedged International SmallCap Equity Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $442M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
DDLS Performance Chart
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) is up 5.9% since the beginning of the year. DDLS is currently trading at $45 per share. Investors who bought $1,000 worth of DDLS shares 5 years ago would now be looking at an investment worth $1,619.
Loading charts...
Returns By Period
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) has returned 5.92% so far this year and 22.57% over the past 12 months. Over the last ten years, DDLS has returned 9.83% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund
- 1D
- 0.07%
- 1M
- -0.29%
- YTD
- 5.92%
- 6M
- 6.98%
- 1Y
- 22.57%
- 3Y*
- 17.83%
- 5Y*
- 10.12%
- 10Y*
- 9.83%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
DDLS Monthly Returns History
Based on dividend-adjusted daily data since Jan 7, 2016, DDLS's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.
Historically, 67% of months were positive and 33% were negative. The best month was Nov 2020 with a return of +10.1%, while the worst month was Mar 2020 at -18.8%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 3 months.
On a daily basis, DDLS closed higher 50% of trading days. The best single day was Mar 13, 2020 with a return of +8.7%, while the worst single day was Mar 16, 2020 at -13.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.98% | 4.92% | -7.10% | 3.08% | 3.22% | -1.78% | 5.92% | ||||||
| 2025 | 0.74% | 0.82% | -0.16% | 3.62% | 5.05% | 4.64% | 1.59% | 4.63% | 0.90% | -1.48% | 2.82% | 1.96% | 27.97% |
| 2024 | -1.12% | 1.50% | 4.19% | -0.38% | 3.27% | -1.25% | 3.87% | 1.15% | 2.05% | -5.14% | 0.58% | 1.43% | 10.22% |
| 2023 | 8.11% | -1.30% | -0.12% | 2.60% | -5.00% | 3.38% | 3.09% | -2.60% | -1.84% | -2.65% | 5.17% | 6.35% | 15.25% |
| 2022 | -3.22% | -1.80% | 0.32% | -2.30% | -0.44% | -5.41% | 5.32% | -3.09% | -7.81% | 2.82% | 7.63% | -1.61% | -10.13% |
| 2021 | 0.24% | 3.69% | 4.99% | 1.63% | 2.65% | -0.35% | 1.77% | 2.77% | -2.47% | 1.46% | -4.62% | 5.15% | 17.75% |
Benchmark Metrics
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund has an annualized alpha of 1.12%, beta of 0.66, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since January 07, 2016.
- This ETF participated in 72.63% of S&P 500 Index downside but only 66.48% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.66 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.12%
- Beta
- 0.66
- R²
- 0.60
- Upside Capture
- 66.48%
- Downside Capture
- 72.63%
Expense Ratio
DDLS has an expense ratio of 0.48%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DDLS ranks 49 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DDLS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | 2.78 | -0.66 |
| Martin ratioReturn relative to average drawdown | 7.70 | 12.44 | -4.74 |
Dividends
Dividend History
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund provided a 3.54% dividend yield over the last twelve months, with an annual payout of $1.61 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.61 | $1.63 | $1.44 | $1.34 | $1.63 | $1.12 | $0.97 | $1.21 | $0.48 | $0.54 | $0.93 |
Dividend yield | 3.54% | 3.80% | 4.11% | 4.05% | 5.44% | 3.18% | 3.16% | 3.68% | 1.75% | 1.60% | 3.47% |
Monthly Dividends
The table displays the monthly dividend distributions for WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.10 | ||||||
| 2025 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.34 | $1.63 |
| 2024 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.40 | $1.44 |
| 2023 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.24 | $1.34 |
| 2022 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.59 | $1.63 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.23 | $1.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund was 36.80%, occurring on Mar 23, 2020. Recovery took 222 trading sessions.
The current WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund drawdown is 3.01%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -36.80%Mar 2020 | 2mo 20d | 10mo 22d | 1y 1moJan 2020 - Feb 2021 |
Rate-hike selloffLate 2018 | -23.11%Dec 2018 | 10mo 29d | 11mo 27d | 1y 10moJan 2018 - Dec 2019 |
Bear market2022 | -19.87%Oct 2022 | 1y 1mo | 1y 2mo | 2y 3moSep 2021 - Dec 2023 |
2025 selloff2025 | -11.66%Apr 2025 | 18d | 21d | 1mo 9dMar 2025 - Apr 2025 |
2026 correction2026 | -10.69%Mar 2026 | 21d | — | 3mo 26dFeb 2026 - now |
Drawdown Indicators
| DDLS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.80% | -56.78% | +19.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.69% | -9.10% | -1.59% |
Max Drawdown (3Y)Largest decline over 3 years | -11.66% | -18.90% | +7.24% |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | -25.43% | +5.56% |
Max Drawdown (10Y)Largest decline over 10 years | -36.80% | -33.92% | -2.88% |
Current DrawdownCurrent decline from peak | -3.01% | -1.80% | -1.21% |
Average DrawdownAverage peak-to-trough decline | -5.69% | -10.71% | +5.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 2.03% | +0.91% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with DDLS
Add WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with DDLS