DDLS vs. DLS
Compare and contrast key facts about WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) and WisdomTree International SmallCap Dividend (DLS).
DDLS and DLS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DDLS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Dynamic Currency Hedged International SmallCap Equity Index. It was launched on Jan 7, 2016. DLS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International SmallCap Dividend Index. It was launched on Jun 16, 2006. Both DDLS and DLS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DDLS or DLS.
Key characteristics
| DDLS | DLS | |
|---|---|---|
| YTD Return | 7.19% | 5.26% |
| 1Y Return | 14.57% | 13.47% |
| 3Y Return (Ann) | 5.19% | 0.20% |
| 5Y Return (Ann) | 7.73% | 4.59% |
| Sharpe Ratio | 1.14 | 0.89 |
| Daily Std Dev | 11.43% | 13.35% |
| Max Drawdown | -36.80% | -63.09% |
| Current Drawdown | -0.20% | -5.24% |
Correlation
The correlation between DDLS and DLS is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DDLS vs. DLS - Performance Comparison
In the year-to-date period, DDLS achieves a 7.19% return, which is significantly higher than DLS's 5.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DDLS vs. DLS - Expense Ratio Comparison
DDLS has a 0.48% expense ratio, which is lower than DLS's 0.58% expense ratio.
Risk-Adjusted Performance
DDLS vs. DLS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) and WisdomTree International SmallCap Dividend (DLS). 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.
Dividends
DDLS vs. DLS - Dividend Comparison
DDLS's dividend yield for the trailing twelve months is around 3.55%, less than DLS's 3.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | 3.55% | 4.05% | 5.44% | 3.18% | 3.16% | 3.68% | 1.75% | 1.60% | 3.47% | 0.00% | 0.00% | 0.00% |
DLS WisdomTree International SmallCap Dividend | 3.85% | 4.29% | 4.96% | 3.29% | 2.50% | 3.37% | 3.66% | 2.79% | 3.29% | 2.72% | 3.61% | 3.89% |
Drawdowns
DDLS vs. DLS - Drawdown Comparison
The maximum DDLS drawdown since its inception was -36.80%, smaller than the maximum DLS drawdown of -63.09%. Use the drawdown chart below to compare losses from any high point for DDLS and DLS. For additional features, visit the drawdowns tool.
Volatility
DDLS vs. DLS - Volatility Comparison
The current volatility for WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) is 2.42%, while WisdomTree International SmallCap Dividend (DLS) has a volatility of 3.06%. This indicates that DDLS experiences smaller price fluctuations and is considered to be less risky than DLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.