DDLS vs. SMCWX
Compare and contrast key facts about WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) and American Funds SMALLCAP World Fund Class A (SMCWX).
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. SMCWX is managed by American Funds. It was launched on Apr 30, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DDLS or SMCWX.
Performance
DDLS vs. SMCWX - Performance Comparison
Returns By Period
In the year-to-date period, DDLS achieves a 7.49% return, which is significantly higher than SMCWX's 3.71% return.
DDLS
7.49%
-3.79%
0.45%
14.68%
5.90%
N/A
SMCWX
3.71%
-3.02%
1.31%
15.96%
3.53%
4.55%
Key characteristics
| DDLS | SMCWX | |
|---|---|---|
| Sharpe Ratio | 1.22 | 1.05 |
| Sortino Ratio | 1.70 | 1.51 |
| Omega Ratio | 1.21 | 1.18 |
| Calmar Ratio | 2.00 | 0.41 |
| Martin Ratio | 7.07 | 5.20 |
| Ulcer Index | 2.12% | 2.88% |
| Daily Std Dev | 12.26% | 14.33% |
| Max Drawdown | -36.80% | -61.27% |
| Current Drawdown | -5.87% | -26.28% |
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DDLS vs. SMCWX - Expense Ratio Comparison
DDLS has a 0.48% expense ratio, which is lower than SMCWX's 1.02% expense ratio.
Correlation
The correlation between DDLS and SMCWX is 0.73, 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.
Risk-Adjusted Performance
DDLS vs. SMCWX - 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 American Funds SMALLCAP World Fund Class A (SMCWX). 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. SMCWX - Dividend Comparison
DDLS's dividend yield for the trailing twelve months is around 3.70%, more than SMCWX's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | 3.70% | 4.05% | 5.44% | 3.18% | 3.16% | 3.68% | 1.75% | 1.60% | 3.46% | 0.00% | 0.00% | 0.00% |
SMCWX American Funds SMALLCAP World Fund Class A | 0.61% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.00% | 10.48% | 4.95% |
Drawdowns
DDLS vs. SMCWX - Drawdown Comparison
The maximum DDLS drawdown since its inception was -36.80%, smaller than the maximum SMCWX drawdown of -61.27%. Use the drawdown chart below to compare losses from any high point for DDLS and SMCWX. For additional features, visit the drawdowns tool.
Volatility
DDLS vs. SMCWX - Volatility Comparison
The current volatility for WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) is 3.40%, while American Funds SMALLCAP World Fund Class A (SMCWX) has a volatility of 3.95%. This indicates that DDLS experiences smaller price fluctuations and is considered to be less risky than SMCWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.