BROIX vs. DWMF

Last updated Jun 23, 2026

BROIX (BlackRock Advantage International Fund) and DWMF (WisdomTree International Multifactor Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, BROIX returned 11.05%/yr vs 9.32%/yr for DWMF. Their correlation of 0.85 suggests significant overlap in exposure. BROIX charges 0.50%/yr vs 0.38%/yr for DWMF.

Performance

BROIX vs. DWMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Advantage International Fund (BROIX) and WisdomTree International Multifactor Fund (DWMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BROIX achieves a 12.16% return, which is significantly higher than DWMF's 7.36% return.

BROIX

• 1D: 0.82%
• 1M: 2.80%
• YTD: 12.16%
• 6M: 12.41%
• 1Y: 27.24%
• 3Y*: 18.27%
• 5Y*: 11.05%
• 10Y*: 10.33%

DWMF

• 1D: -0.40%
• 1M: 3.53%
• YTD: 7.36%
• 6M: 7.03%
• 1Y: 15.03%
• 3Y*: 15.00%
• 5Y*: 9.32%
• 10Y*: —

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

BROIX vs. DWMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BROIX BlackRock Advantage International Fund	12.16%	32.45%	6.76%	19.44%	-13.48%	13.07%	7.34%	21.61%	-13.73%
DWMF WisdomTree International Multifactor Fund	7.36%	24.42%	10.22%	10.78%	-7.31%	11.24%	-1.18%	16.10%	-7.26%

Correlation

The correlation between BROIX and DWMF is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Aug 10, 2018	0.85

The correlation between BROIX and DWMF has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.

Return for Risk

BROIX vs. DWMF — Risk / Return Rank

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

BROIX

BROIX Risk / Return Rank: 40
BROIX Sharpe Ratio Rank: 38
BROIX Sortino Ratio Rank: 37
BROIX Omega Ratio Rank: 37
BROIX Calmar Ratio Rank: 42
BROIX Martin Ratio Rank: 45

DWMF

DWMF Risk / Return Rank: 37
DWMF Sharpe Ratio Rank: 38
DWMF Sortino Ratio Rank: 38
DWMF Omega Ratio Rank: 37
DWMF Calmar Ratio Rank: 35
DWMF Martin Ratio Rank: 33

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.

BROIX vs. DWMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage International Fund (BROIX) and WisdomTree International Multifactor Fund (DWMF). 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.

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.

	BROIX	DWMF	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.32	+0.34
Sortino ratio: Return per unit of downside risk	2.35	1.93	+0.42
Omega ratio: Gain probability vs. loss probability	1.30	1.24	+0.06
Calmar ratio: Return relative to maximum drawdown	2.35	1.73	+0.62
Martin ratio: Return relative to average drawdown	9.01	4.76	+4.24

BROIX vs. DWMF - Sharpe Ratio Comparison

The current BROIX Sharpe Ratio is 1.66, which is comparable to the DWMF Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of BROIX and DWMF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BROIX vs. DWMF - Drawdown Comparison

The maximum BROIX drawdown since its inception was -54.49%, which is greater than DWMF's maximum drawdown of -29.72%. Use the drawdown chart below to compare losses from any high point for BROIX and DWMF.

Drawdown Indicators

	BROIX	DWMF	Difference
Max Drawdown Largest peak-to-trough decline	-54.49%	-29.72%	-24.77%
Max Drawdown (1Y) Largest decline over 1 year	-11.12%	-8.74%	-2.38%
Max Drawdown (3Y) Largest decline over 3 years	-14.05%	-8.74%	-5.31%
Max Drawdown (5Y) Largest decline over 5 years	-28.24%	-17.00%	-11.24%
Max Drawdown (10Y) Largest decline over 10 years	-36.24%	—	—
Current Drawdown Current decline from peak	0.00%	-2.13%	+2.13%
Average Drawdown Average peak-to-trough decline	-9.82%	-3.90%	-5.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	3.16%	-0.26%

Volatility

BROIX vs. DWMF - Volatility Comparison

BlackRock Advantage International Fund (BROIX) has a higher volatility of 5.18% compared to WisdomTree International Multifactor Fund (DWMF) at 4.16%. This indicates that BROIX's price experiences larger fluctuations and is considered to be riskier than DWMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BROIX	DWMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.18%	4.16%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	13.14%	9.39%	+3.75%
Volatility (1Y) Calculated over the trailing 1-year period	15.72%	11.46%	+4.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.24%	11.33%	+4.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.48%	14.13%	+2.35%

BROIX vs. DWMF - Expense Ratio Comparison

BROIX has a 0.50% expense ratio, which is higher than DWMF's 0.38% expense ratio.

Dividends

BROIX vs. DWMF - Dividend Comparison

BROIX's dividend yield for the trailing twelve months is around 6.36%, more than DWMF's 2.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BROIX BlackRock Advantage International Fund	6.36%	7.13%	3.55%	2.71%	3.37%	8.52%	1.72%	2.67%	2.69%	0.72%	2.09%	0.78%
DWMF WisdomTree International Multifactor Fund	2.77%	2.80%	3.50%	4.01%	3.41%	3.54%	2.06%	2.77%	1.15%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BROIX and DWMF in my portfolio?

BROIX and DWMF have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BROIX or DWMF?

BROIX has higher volatility (5.18%) compared to DWMF (4.16%). In terms of maximum drawdown, BROIX dropped -54.49% vs DWMF's -29.72%.

Which has better risk-adjusted returns?

BROIX currently has the higher Sharpe Ratio (1.66 vs 1.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.