DDLS vs. NISM
DDLS (WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund) and NISM (NYLI International Small-Mid Cap Equity ETF) are both Foreign Small & Mid Cap Equities funds. DDLS is passively managed, while NISM is actively managed. Their 0.77 correlation means they have sometimes moved together and sometimes differently. DDLS charges 0.48%/yr vs 0.70%/yr for NISM.
Performance
DDLS vs. NISM - Performance Comparison
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Returns By Period
DDLS
- 1D
- -0.54%
- 1M
- 0.38%
- 6M
- 2.11%
- YTD
- 6.18%
- 1Y
- 15.89%
- 3Y*
- 16.34%
- 5Y*
- 9.61%
- 10Y*
- 9.82%
- ALL TIME*
- 9.77%
NISM
- 1D
- -0.48%
- 1M
- 0.90%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $690.04K | $775.99K | $927.24K | |
| $2.13K | $1.70K | $7.87K |
DDLS vs. NISM - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | 0.08% |
NISM NYLI International Small-Mid Cap Equity ETF | -0.61% |
Correlation
The correlation between DDLS and NISM is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 13, 2026 | 0.77 |
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Return for Risk
DDLS vs. NISM — Risk / Return Rank
DDLS
NISM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DDLS vs. NISM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) and NYLI International Small-Mid Cap Equity ETF (NISM). 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.
| DDLS | NISM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.23 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | — | — |
| Martin ratioReturn relative to average drawdown | 5.06 | — | — |
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Drawdowns
DDLS vs. NISM - Drawdown Comparison
The maximum DDLS drawdown since its inception was -36.80%, which is greater than NISM's maximum drawdown of -4.35%. Use the drawdown chart below to compare losses from any high point for DDLS and NISM.
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Drawdown Indicators
| DDLS | NISM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.80% | -4.35% | -32.45% |
Max Drawdown (1Y)Largest decline over 1 year | -10.69% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -11.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.80% | — | — |
Current DrawdownCurrent decline from peak | -2.78% | -0.68% | -2.10% |
Average DrawdownAverage peak-to-trough decline | -5.67% | -1.80% | -3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | — | — |
Volatility
DDLS vs. NISM - Volatility Comparison
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Volatility by Period
| DDLS | NISM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.15% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.18% | 14.26% | -1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.77% | 14.26% | -0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.45% | 14.26% | +1.19% |
DDLS vs. NISM - Expense Ratio Comparison
DDLS has a 0.48% expense ratio, which is lower than NISM's 0.70% expense ratio.
Dividends
DDLS vs. NISM - Dividend Comparison
DDLS's dividend yield for the trailing twelve months is around 3.64%, more than NISM's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | 3.64% | 3.80% | 4.11% | 4.05% | 5.44% | 3.18% | 3.16% | 3.68% | 1.75% | 1.60% | 3.47% |
NISM NYLI International Small-Mid Cap Equity ETF | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DDLS and NISM have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DDLS is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DDLS is cheaper with a 0.48% expense ratio, compared with 0.70% for NISM.
DDLS has the higher dividend yield at 3.64%, compared with 0.24% for NISM.
They also come from different issuers: WisdomTree and New York Life. Their fees differ too: 0.48% for DDLS and 0.70% for NISM.
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