DDLS vs. SWVXX

Last updated Jun 9, 2026

DDLS (WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund) and SWVXX (Schwab Prime Advantage Money Fund Investor Shares) are both funds - DDLS is a Foreign Small & Mid Cap Equities fund tracking the WisdomTree Dynamic Currency Hedged International SmallCap Equity Index, while SWVXX is a Money Market fund actively managed by Charles Schwab. DDLS is passively managed, while SWVXX is actively managed. Over the past 5 years, DDLS returned 9.39%/yr vs 3.14%/yr for SWVXX. At a correlation of -0.01, they often move in opposite directions. DDLS charges 0.48%/yr vs 0.34%/yr for SWVXX.

Performance

DDLS vs. SWVXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) and Schwab Prime Advantage Money Fund Investor Shares (SWVXX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDLS achieves a 4.38% return, which is significantly higher than SWVXX's 1.45% return.

DDLS

• 1D: 0.15%
• 1M: -2.20%
• YTD: 4.38%
• 6M: 6.82%
• 1Y: 19.34%
• 3Y*: 16.54%
• 5Y*: 9.39%
• 10Y*: 9.73%

SWVXX

• 1D: 0.00%
• 1M: 0.29%
• YTD: 1.45%
• 6M: 1.77%
• 1Y: 3.85%
• 3Y*: 4.71%
• 5Y*: 3.14%
• 10Y*: —

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

DDLS vs. SWVXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund	4.38%	27.97%	10.22%	15.25%	-10.13%	4.10%
SWVXX Schwab Prime Advantage Money Fund Investor Shares	1.45%	4.15%	5.16%	5.04%	0.00%	0.00%

Correlation

The correlation between DDLS and SWVXX is -0.03, 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	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (All Time) Calculated using the full available price history since May 26, 2021	-0.01

Return for Risk

DDLS vs. SWVXX — Risk / Return Rank

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

DDLS

DDLS Risk / Return Rank: 46
DDLS Sharpe Ratio Rank: 48
DDLS Sortino Ratio Rank: 49
DDLS Omega Ratio Rank: 48
DDLS Calmar Ratio Rank: 40
DDLS Martin Ratio Rank: 45

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.

DDLS vs. SWVXX - 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 Schwab Prime Advantage Money Fund Investor Shares (SWVXX). 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.

	DDLS	SWVXX	Difference
Sharpe ratio: Return per unit of total volatility	1.49	3.71	-2.21
Sortino ratio: Return per unit of downside risk	2.16	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	1.82	—	—
Martin ratio: Return relative to average drawdown	6.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DDLS vs. SWVXX - Sharpe Ratio Comparison

The current DDLS Sharpe Ratio is 1.49, which is lower than the SWVXX Sharpe Ratio of 3.71. The chart below compares the historical Sharpe Ratios of DDLS and SWVXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DDLS	SWVXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	3.71	-2.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	2.95	-2.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	2.94	-2.31

Drawdowns

DDLS vs. SWVXX - Drawdown Comparison

The maximum DDLS drawdown since its inception was -36.80%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for DDLS and SWVXX.

Drawdown Indicators

	DDLS	SWVXX	Difference
Max Drawdown Largest peak-to-trough decline	-36.80%	0.00%	-36.80%
Max Drawdown (1Y) Largest decline over 1 year	-10.69%	0.00%	-10.69%
Max Drawdown (3Y) Largest decline over 3 years	-11.66%	0.00%	-11.66%
Max Drawdown (5Y) Largest decline over 5 years	-19.87%	0.00%	-19.87%
Max Drawdown (10Y) Largest decline over 10 years	-36.80%	—	—
Current Drawdown Current decline from peak	-4.42%	0.00%	-4.42%
Average Drawdown Average peak-to-trough decline	-5.70%	0.00%	-5.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	0.00%	+2.88%

Volatility

DDLS vs. SWVXX - Volatility Comparison

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) has a higher volatility of 3.81% compared to Schwab Prime Advantage Money Fund Investor Shares (SWVXX) at 0.29%. This indicates that DDLS's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDLS	SWVXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	0.29%	+3.52%
Volatility (6M) Calculated over the trailing 6-month period	10.74%	0.76%	+9.98%
Volatility (1Y) Calculated over the trailing 1-year period	13.03%	1.10%	+11.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.78%	1.09%	+12.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.61%	1.09%	+14.52%

DDLS vs. SWVXX - Expense Ratio Comparison

DDLS has a 0.48% expense ratio, which is higher than SWVXX's 0.34% expense ratio.

Dividends

DDLS vs. SWVXX - Dividend Comparison

DDLS's dividend yield for the trailing twelve months is around 3.59%, less than SWVXX's 3.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund	3.59%	3.80%	4.11%	4.05%	5.44%	3.18%	3.16%	3.68%	1.75%	1.60%	3.47%
SWVXX Schwab Prime Advantage Money Fund Investor Shares	3.77%	4.06%	5.02%	4.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DDLS and SWVXX in my portfolio?

DDLS and SWVXX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DDLS or SWVXX?

DDLS has higher volatility (3.81%) compared to SWVXX (0.29%). In terms of maximum drawdown, DDLS dropped -36.80% vs SWVXX's 0.00%.

Which has better risk-adjusted returns?

SWVXX currently has the higher Sharpe Ratio (3.71 vs 1.49), 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.