CSTK vs. DLN

Last updated Jun 24, 2026

CSTK (Invesco Comstock Contrarian Equity ETF) and DLN (WisdomTree U.S. LargeCap Dividend Fund) are both Large Cap Value Equities funds. CSTK is actively managed, while DLN is passively managed. Over the past year, CSTK returned 25.69% vs 21.42% for DLN. Their correlation of 0.90 suggests significant overlap in exposure. CSTK charges 0.35%/yr vs 0.28%/yr for DLN.

Performance

CSTK vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Comstock Contrarian Equity ETF (CSTK) and WisdomTree U.S. LargeCap Dividend Fund (DLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSTK achieves a 12.57% return, which is significantly higher than DLN's 9.95% return.

CSTK

• 1D: -0.49%
• 1M: 0.84%
• YTD: 12.57%
• 6M: 12.10%
• 1Y: 25.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DLN

• 1D: -0.13%
• 1M: 0.05%
• YTD: 9.95%
• 6M: 9.49%
• 1Y: 21.42%
• 3Y*: 18.12%
• 5Y*: 12.49%
• 10Y*: 12.86%

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

CSTK vs. DLN - Yearly Performance Comparison

	2026 (YTD)	2025
CSTK Invesco Comstock Contrarian Equity ETF	12.57%	18.16%
DLN WisdomTree U.S. LargeCap Dividend Fund	9.95%	15.86%

Correlation

The correlation between CSTK and DLN is 0.90, 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	0.90
Correlation (All Time) Calculated using the full available price history since May 7, 2025	0.90

The correlation between CSTK and DLN has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

Return for Risk

CSTK vs. DLN — Risk / Return Rank

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

CSTK

CSTK Risk / Return Rank: 73
CSTK Sharpe Ratio Rank: 78
CSTK Sortino Ratio Rank: 80
CSTK Omega Ratio Rank: 74
CSTK Calmar Ratio Rank: 64
CSTK Martin Ratio Rank: 68

DLN

DLN Risk / Return Rank: 78
DLN Sharpe Ratio Rank: 79
DLN Sortino Ratio Rank: 81
DLN Omega Ratio Rank: 77
DLN Calmar Ratio Rank: 73
DLN Martin Ratio Rank: 79

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.

CSTK vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Comstock Contrarian Equity ETF (CSTK) and WisdomTree U.S. LargeCap Dividend Fund (DLN). 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.

	CSTK	DLN	Difference
Sharpe ratio: Return per unit of total volatility	2.26	2.39	-0.12
Sortino ratio: Return per unit of downside risk	3.24	3.40	-0.16
Omega ratio: Gain probability vs. loss probability	1.40	1.43	-0.03
Calmar ratio: Return relative to maximum drawdown	2.91	3.53	-0.62
Martin ratio: Return relative to average drawdown	11.38	14.80	-3.42

CSTK vs. DLN - Sharpe Ratio Comparison

The current CSTK Sharpe Ratio is 2.26, which is comparable to the DLN Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of CSTK and DLN, 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

CSTK vs. DLN - Drawdown Comparison

The maximum CSTK drawdown since its inception was -8.87%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for CSTK and DLN.

Drawdown Indicators

	CSTK	DLN	Difference
Max Drawdown Largest peak-to-trough decline	-8.87%	-57.84%	+48.97%
Max Drawdown (1Y) Largest decline over 1 year	-8.87%	-6.10%	-2.77%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.26%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.82%	—
Current Drawdown Current decline from peak	-0.86%	-1.12%	+0.26%
Average Drawdown Average peak-to-trough decline	-1.24%	-7.50%	+6.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	1.45%	+0.81%

Volatility

CSTK vs. DLN - Volatility Comparison

Invesco Comstock Contrarian Equity ETF (CSTK) has a higher volatility of 3.26% compared to WisdomTree U.S. LargeCap Dividend Fund (DLN) at 2.78%. This indicates that CSTK's price experiences larger fluctuations and is considered to be riskier than DLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSTK	DLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.26%	2.78%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	8.63%	7.00%	+1.63%
Volatility (1Y) Calculated over the trailing 1-year period	11.42%	9.03%	+2.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.64%	13.27%	-1.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.64%	16.14%	-4.50%

CSTK vs. DLN - Expense Ratio Comparison

CSTK has a 0.35% expense ratio, which is higher than DLN's 0.28% expense ratio.

Dividends

CSTK vs. DLN - Dividend Comparison

CSTK's dividend yield for the trailing twelve months is around 2.18%, more than DLN's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSTK Invesco Comstock Contrarian Equity ETF	2.18%	1.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DLN WisdomTree U.S. LargeCap Dividend Fund	1.79%	1.90%	2.00%	2.43%	2.53%	2.01%	2.66%	2.51%	2.90%	2.33%	2.64%	2.80%

Frequently Asked Questions

Can I hold both CSTK and DLN in my portfolio?

CSTK and DLN have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSTK or DLN?

CSTK has higher volatility (3.26%) compared to DLN (2.78%). In terms of maximum drawdown, CSTK dropped -8.87% vs DLN's -57.84%.

Which ETF is better, CSTK or DLN?

On 1-year performance, CSTK leads with 25.69% vs 21.42% for DLN. On fees, DLN is cheaper at 0.28% per year. On volatility, DLN has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CSTK or DLN?

Over the 1-year period, CSTK has performed better with a 25.69% return vs 21.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CSTK or DLN?

DLN is cheaper with a 0.28% expense ratio, compared with 0.35% for CSTK.

Which ETF pays a higher dividend yield, CSTK or DLN?

CSTK has the higher dividend yield at 2.18%, compared with 1.79% for DLN.

What is the main difference between CSTK and DLN?

They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.35% for CSTK and 0.28% for DLN.

Which has better risk-adjusted returns?

DLN currently has the higher Sharpe Ratio (2.39 vs 2.26), 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.