DDWM vs. MOAT

Last updated Jun 14, 2026

DDWM (WisdomTree Dynamic Currency Hedged International Equity Fund) and MOAT (VanEck Morningstar Wide Moat ETF) are both exchange-traded funds - DDWM is a Foreign Large Cap Equities fund tracking the WisdomTree Dynamic Currency Hedged International Equity Index, while MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index. Both are passively managed. Over the past 10 years, DDWM returned 10.95%/yr vs 13.47%/yr for MOAT. A 0.70 correlation means they provide meaningful diversification when combined. DDWM charges 0.40%/yr vs 0.47%/yr for MOAT.

Performance

DDWM vs. MOAT - Performance Comparison

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

Returns By Period

In the year-to-date period, DDWM achieves a 7.47% return, which is significantly higher than MOAT's -0.66% return. Over the past 10 years, DDWM has underperformed MOAT with an annualized return of 10.95%, while MOAT has yielded a comparatively higher 13.47% annualized return.

DDWM

• 1D: 0.43%
• 1M: 0.58%
• YTD: 7.47%
• 6M: 9.21%
• 1Y: 20.71%
• 3Y*: 17.66%
• 5Y*: 12.32%
• 10Y*: 10.95%

MOAT

• 1D: 0.41%
• 1M: 3.19%
• YTD: -0.66%
• 6M: -1.22%
• 1Y: 14.57%
• 3Y*: 10.55%
• 5Y*: 7.78%
• 10Y*: 13.47%

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

DDWM vs. MOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund	7.47%	30.07%	10.70%	15.25%	-0.77%	14.84%	-4.56%	21.43%	-11.75%	18.80%
MOAT VanEck Morningstar Wide Moat ETF	-0.66%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	34.79%	-1.28%	23.18%

Correlation

The correlation between DDWM and MOAT is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Feb 4, 2016	0.70

The correlation between DDWM and MOAT shifts across timeframes, from 0.60 (1 year) to 0.71 (10 years), reflecting how their relationship changes across market environments.

DDWM vs. MOAT - Sectors Allocation Comparison

Sectors	DDWM	MOAT
Industrials	21.1%	13.8%
Financial Services	20.7%	9.0%
Consumer Cyclical	10.6%	7.3%
Technology	9.0%	33.8%
Healthcare	8.6%	15.9%
Consumer Defensive	7.4%	17.0%
Basic Materials	5.5%	-
Communication Services	5.4%	2.4%
Utilities	5.2%	-
Energy	3.7%	-
Real Estate	3.0%	0.8%

Return for Risk

DDWM vs. MOAT — Risk / Return Rank

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

DDWM

DDWM Risk / Return Rank: 48
DDWM Sharpe Ratio Rank: 50
DDWM Sortino Ratio Rank: 48
DDWM Omega Ratio Rank: 51
DDWM Calmar Ratio Rank: 42
DDWM Martin Ratio Rank: 46

MOAT

MOAT Risk / Return Rank: 26
MOAT Sharpe Ratio Rank: 28
MOAT Sortino Ratio Rank: 28
MOAT Omega Ratio Rank: 26
MOAT Calmar Ratio Rank: 24
MOAT Martin Ratio Rank: 26

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. MOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and VanEck Morningstar Wide Moat ETF (MOAT). 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.

	DDWM	MOAT	Difference
Sharpe ratio: Return per unit of total volatility	1.51	0.91	+0.61
Sortino ratio: Return per unit of downside risk	2.13	1.39	+0.74
Omega ratio: Gain probability vs. loss probability	1.28	1.16	+0.13
Calmar ratio: Return relative to maximum drawdown	1.87	1.02	+0.85
Martin ratio: Return relative to average drawdown	6.73	3.11	+3.62

DDWM vs. MOAT - Sharpe Ratio Comparison

The current DDWM Sharpe Ratio is 1.51, which is higher than the MOAT Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of DDWM and MOAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DDWM vs. MOAT - Drawdown Comparison

The maximum DDWM drawdown since its inception was -35.00%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for DDWM and MOAT.

Drawdown Indicators

	DDWM	MOAT	Difference
Max Drawdown Largest peak-to-trough decline	-35.00%	-33.31%	-1.69%
Max Drawdown (1Y) Largest decline over 1 year	-10.56%	-12.43%	+1.87%
Max Drawdown (3Y) Largest decline over 3 years	-12.34%	-21.44%	+9.10%
Max Drawdown (5Y) Largest decline over 5 years	-14.79%	-23.96%	+9.17%
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	-33.31%	-1.69%
Current Drawdown Current decline from peak	-1.94%	-4.45%	+2.51%
Average Drawdown Average peak-to-trough decline	-4.05%	-3.83%	-0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	4.06%	-1.13%

Volatility

DDWM vs. MOAT - Volatility Comparison

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) has a higher volatility of 4.34% compared to VanEck Morningstar Wide Moat ETF (MOAT) at 4.13%. This indicates that DDWM's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDWM	MOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	4.13%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	10.94%	9.90%	+1.04%
Volatility (1Y) Calculated over the trailing 1-year period	13.03%	13.93%	-0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.40%	18.20%	-4.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.31%	18.68%	-3.37%

DDWM vs. MOAT - Expense Ratio Comparison

DDWM has a 0.40% expense ratio, which is lower than MOAT's 0.47% expense ratio.

Dividends

DDWM vs. MOAT - Dividend Comparison

DDWM's dividend yield for the trailing twelve months is around 2.31%, more than MOAT's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund	2.31%	2.47%	3.57%	4.46%	4.28%	3.73%	3.52%	3.63%	4.40%	2.65%	4.00%	0.00%
MOAT VanEck Morningstar Wide Moat ETF	1.36%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%

Frequently Asked Questions

Can I hold both DDWM and MOAT in my portfolio?

DDWM and MOAT have a correlation of 0.60, 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 MOAT?

DDWM has higher volatility (4.34%) compared to MOAT (4.13%). In terms of maximum drawdown, DDWM dropped -35.00% vs MOAT's -33.31%.

Which ETF is better, DDWM or MOAT?

On 10-year performance, MOAT leads with 13.47% vs 10.95% for DDWM. On fees, DDWM is cheaper at 0.40% per year. On volatility, MOAT has been the lower-risk option at 4.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DDWM or MOAT?

Over the 10-year period, MOAT has performed better with a 13.47% return vs 10.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DDWM or MOAT?

DDWM is cheaper with a 0.40% expense ratio, compared with 0.47% for MOAT.

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

DDWM has the higher dividend yield at 2.31%, compared with 1.36% for MOAT.

What is the main difference between DDWM and MOAT?

DDWM is categorized as Foreign Large Cap Equities, while MOAT is Large Cap Blend Equities. DDWM tracks WisdomTree Dynamic Currency Hedged International Equity Index, while MOAT tracks Morningstar Wide Moat Focus Index. They also come from different issuers: WisdomTree and VanEck. Their fees differ too: 0.40% for DDWM and 0.47% for MOAT.

Which has better risk-adjusted returns?

DDWM currently has the higher Sharpe Ratio (1.51 vs 0.91), 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.