DDWM vs. BKIE

Last updated Jun 4, 2026

DDWM (WisdomTree Dynamic Currency Hedged International Equity Fund) and BKIE (BNY Mellon International Equity ETF) are both Foreign Large Cap Equities funds - DDWM tracks the WisdomTree Dynamic Currency Hedged International Equity Index while BKIE tracks the Morningstar Developed Markets ex-US Large Cap Index. Both are passively managed. Over the past 5 years, DDWM returned 12.22%/yr vs 9.05%/yr for BKIE. Their correlation of 0.93 suggests significant overlap in exposure. DDWM charges 0.40%/yr vs 0.04%/yr for BKIE.

Performance

DDWM vs. BKIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and BNY Mellon International Equity ETF (BKIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDWM achieves a 6.51% return, which is significantly lower than BKIE's 8.46% return.

DDWM

• 1D: -0.60%
• 1M: 3.18%
• YTD: 6.51%
• 6M: 8.98%
• 1Y: 20.03%
• 3Y*: 17.86%
• 5Y*: 12.22%
• 10Y*: 10.36%

BKIE

• 1D: -0.89%
• 1M: 3.12%
• YTD: 8.46%
• 6M: 11.11%
• 1Y: 22.58%
• 3Y*: 17.39%
• 5Y*: 9.05%
• 10Y*: —

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

DDWM vs. BKIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund	6.51%	30.07%	10.70%	15.25%	-0.77%	14.84%	21.97%
BKIE BNY Mellon International Equity ETF	8.46%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%

Correlation

The correlation between DDWM and BKIE 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 (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Apr 27, 2020	0.93

The correlation between DDWM and BKIE has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

DDWM vs. BKIE - Sectors Allocation Comparison

Sectors	DDWM	BKIE
Industrials	21.1%	18.6%
Financial Services	20.6%	25.8%
Consumer Cyclical	10.3%	7.3%
Healthcare	8.8%	9.1%
Technology	8.1%	10.1%
Consumer Defensive	7.5%	6.2%
Communication Services	5.5%	4.2%
Utilities	5.5%	3.7%
Basic Materials	5.4%	7.2%
Energy	4.1%	5.9%
Real Estate	3.1%	2.0%

Return for Risk

DDWM vs. BKIE — Risk / Return Rank

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

DDWM

DDWM Risk / Return Rank: 44
DDWM Sharpe Ratio Rank: 45
DDWM Sortino Ratio Rank: 44
DDWM Omega Ratio Rank: 48
DDWM Calmar Ratio Rank: 39
DDWM Martin Ratio Rank: 43

BKIE

BKIE Risk / Return Rank: 43
BKIE Sharpe Ratio Rank: 43
BKIE Sortino Ratio Rank: 43
BKIE Omega Ratio Rank: 43
BKIE Calmar Ratio Rank: 39
BKIE Martin Ratio Rank: 46

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.

DDWM vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and BNY Mellon International Equity ETF (BKIE). 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.

	DDWM	BKIE	Difference
Sharpe ratio: Return per unit of total volatility	1.60	1.56	+0.04
Sortino ratio: Return per unit of downside risk	2.23	2.23	0.00
Omega ratio: Gain probability vs. loss probability	1.30	1.28	+0.02
Calmar ratio: Return relative to maximum drawdown	1.91	1.99	-0.08
Martin ratio: Return relative to average drawdown	6.99	7.68	-0.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DDWM vs. BKIE - Sharpe Ratio Comparison

The current DDWM Sharpe Ratio is 1.60, which is comparable to the BKIE Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of DDWM and BKIE, 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

	DDWM	BKIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	1.56	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	0.56	+0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.92	-0.22

Drawdowns

DDWM vs. BKIE - Drawdown Comparison

The maximum DDWM drawdown since its inception was -35.00%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for DDWM and BKIE.

Drawdown Indicators

	DDWM	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-35.00%	-28.19%	-6.81%
Max Drawdown (1Y) Largest decline over 1 year	-10.56%	-11.41%	+0.85%
Max Drawdown (3Y) Largest decline over 3 years	-12.34%	-13.19%	+0.85%
Max Drawdown (5Y) Largest decline over 5 years	-14.79%	-28.19%	+13.40%
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	—	—
Current Drawdown Current decline from peak	-2.82%	-1.33%	-1.49%
Average Drawdown Average peak-to-trough decline	-4.05%	-4.98%	+0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	2.95%	-0.08%

Volatility

DDWM vs. BKIE - Volatility Comparison

The current volatility for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is 3.80%, while BNY Mellon International Equity ETF (BKIE) has a volatility of 4.42%. This indicates that DDWM experiences smaller price fluctuations and is considered to be less risky than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDWM	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	4.42%	-0.62%
Volatility (6M) Calculated over the trailing 6-month period	10.44%	12.17%	-1.73%
Volatility (1Y) Calculated over the trailing 1-year period	12.60%	14.58%	-1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.33%	16.12%	-2.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.31%	16.34%	-1.03%

DDWM vs. BKIE - Expense Ratio Comparison

DDWM has a 0.40% expense ratio, which is higher than BKIE's 0.04% expense ratio.

Dividends

DDWM vs. BKIE - Dividend Comparison

DDWM's dividend yield for the trailing twelve months is around 2.33%, less than BKIE's 3.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BKIE BNY Mellon International Equity ETF	3.26%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%	0.00%	0.00%	0.00%
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund	2.33%	2.47%	3.57%	4.46%	4.28%	3.73%	3.52%	3.63%	4.40%	2.65%	4.00%

Frequently Asked Questions

Can I hold both DDWM and BKIE in my portfolio?

DDWM and BKIE 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, DDWM or BKIE?

BKIE has higher volatility (4.42%) compared to DDWM (3.80%). In terms of maximum drawdown, DDWM dropped -35.00% vs BKIE's -28.19%.

Which ETF is better, DDWM or BKIE?

On 5-year performance, DDWM leads with 12.22% vs 9.05% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, DDWM has been the lower-risk option at 3.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DDWM or BKIE?

Over the 5-year period, DDWM has performed better with a 12.22% return vs 9.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DDWM or BKIE?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.40% for DDWM.

Which ETF pays a higher dividend yield, DDWM or BKIE?

BKIE has the higher dividend yield at 3.26%, compared with 2.33% for DDWM.

What is the main difference between DDWM and BKIE?

DDWM tracks WisdomTree Dynamic Currency Hedged International Equity Index, while BKIE tracks Morningstar Developed Markets ex-US Large Cap Index. They also come from different issuers: WisdomTree and BNY Mellon. Their fees differ too: 0.40% for DDWM and 0.04% for BKIE.

Which has better risk-adjusted returns?

DDWM currently has the higher Sharpe Ratio (1.60 vs 1.56), 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.