CNC vs. DDLS
CNC (Centene Corporation) is a stock, while DDLS (WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund) is Foreign Small & Mid Cap Equities fund tracking the WisdomTree Dynamic Currency Hedged International SmallCap Equity Index. Over the past 10 years, CNC returned 6.88%/yr vs 10.19%/yr for DDLS. At a 0.25 correlation, their price movements are largely independent.
Performance
CNC vs. DDLS - Performance Comparison
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Returns By Period
In the year-to-date period, CNC achieves a 58.42% return, which is significantly higher than DDLS's 6.60% return. Over the past 10 years, CNC has underperformed DDLS with an annualized return of 6.88%, while DDLS has yielded a comparatively higher 10.19% annualized return.
CNC
- 1D
- 2.60%
- 1M
- 10.85%
- YTD
- 58.42%
- 6M
- 59.58%
- 1Y
- 17.71%
- 3Y*
- -2.10%
- 5Y*
- -1.64%
- 10Y*
- 6.88%
DDLS
- 1D
- 0.15%
- 1M
- 0.00%
- YTD
- 6.60%
- 6M
- 8.68%
- 1Y
- 21.59%
- 3Y*
- 16.89%
- 5Y*
- 9.76%
- 10Y*
- 10.19%
CNC vs. DDLS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNC Centene Corporation | 58.42% | -32.07% | -18.37% | -9.51% | -0.47% | 37.26% | -4.52% | 9.05% | 14.29% | 78.52% |
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | 6.60% | 27.97% | 10.22% | 15.25% | -10.13% | 17.75% | -2.95% | 24.84% | -16.92% | 26.91% |
Correlation
The correlation between CNC and DDLS is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 7, 2016 | 0.25 |
The correlation between CNC and DDLS shifts across timeframes, from 0.08 (1 year) to 0.26 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
CNC vs. DDLS — Risk / Return Rank
CNC
DDLS
CNC vs. DDLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Centene Corporation (CNC) and WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS). 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.
| CNC | DDLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.30 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 2.03 | -1.71 |
| Martin ratioReturn relative to average drawdown | 0.52 | 7.42 | -6.90 |
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Drawdowns
CNC vs. DDLS - Drawdown Comparison
The maximum CNC drawdown since its inception was -74.07%, which is greater than DDLS's maximum drawdown of -36.80%. Use the drawdown chart below to compare losses from any high point for CNC and DDLS.
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Drawdown Indicators
| CNC | DDLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.07% | -36.80% | -37.27% |
Max Drawdown (1Y)Largest decline over 1 year | -55.50% | -10.69% | -44.81% |
Max Drawdown (3Y)Largest decline over 3 years | -68.65% | -11.66% | -56.99% |
Max Drawdown (5Y)Largest decline over 5 years | -74.07% | -19.87% | -54.20% |
Max Drawdown (10Y)Largest decline over 10 years | -74.07% | -36.80% | -37.27% |
Current DrawdownCurrent decline from peak | -32.95% | -2.39% | -30.56% |
Average DrawdownAverage peak-to-trough decline | -22.15% | -5.70% | -16.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.84% | 2.92% | +30.92% |
Volatility
CNC vs. DDLS - Volatility Comparison
Centene Corporation (CNC) has a higher volatility of 11.12% compared to WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) at 4.55%. This indicates that CNC's price experiences larger fluctuations and is considered to be riskier than DDLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNC | DDLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.12% | 4.55% | +6.57% |
Volatility (6M)Calculated over the trailing 6-month period | 36.70% | 11.06% | +25.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.58% | 13.26% | +51.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.55% | 13.82% | +25.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.53% | 15.60% | +22.93% |
Dividends
CNC vs. DDLS - Dividend Comparison
CNC has not paid dividends to shareholders, while DDLS's dividend yield for the trailing twelve months is around 3.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CNC Centene Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | 3.52% | 3.80% | 4.11% | 4.05% | 5.44% | 3.18% | 3.16% | 3.68% | 1.75% | 1.60% | 3.47% |
Frequently Asked Questions
CNC and DDLS have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CNC has higher volatility (11.12%) compared to DDLS (4.55%). In terms of maximum drawdown, CNC dropped -74.07% vs DDLS's -36.80%.
DDLS currently has the higher Sharpe Ratio (1.64 vs 0.28), 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.
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