DDWM vs. SCHF

Last updated Jun 4, 2026

DDWM (WisdomTree Dynamic Currency Hedged International Equity Fund) and SCHF (Schwab International Equity ETF) are both Foreign Large Cap Equities funds - DDWM tracks the WisdomTree Dynamic Currency Hedged International Equity Index while SCHF tracks the FTSE Developed ex U.S. Index. Both are passively managed. Over the past 10 years, DDWM returned 10.36%/yr vs 10.27%/yr for SCHF. Their correlation of 0.90 suggests significant overlap in exposure. DDWM charges 0.40%/yr vs 0.06%/yr for SCHF.

Performance

DDWM vs. SCHF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and Schwab International Equity ETF (SCHF). 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 SCHF's 15.56% return. Both investments have delivered pretty close results over the past 10 years, with DDWM having a 10.36% annualized return and SCHF not far behind at 10.27%.

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%

SCHF

• 1D: -0.86%
• 1M: 5.91%
• YTD: 15.56%
• 6M: 18.62%
• 1Y: 32.67%
• 3Y*: 19.90%
• 5Y*: 9.84%
• 10Y*: 10.27%

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

DDWM vs. SCHF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund	6.51%	30.07%	10.70%	15.25%	-0.77%	14.84%	-4.56%	21.43%	-11.75%	18.80%
SCHF Schwab International Equity ETF	15.56%	34.55%	3.28%	18.35%	-14.80%	11.40%	9.48%	22.26%	-14.29%	26.03%

Correlation

The correlation between DDWM and SCHF 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	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Feb 5, 2016	0.90

The correlation between DDWM and SCHF has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

DDWM vs. SCHF - Sectors Allocation Comparison

Sectors	DDWM	SCHF
Industrials	21.1%	11.5%
Financial Services	20.6%	20.6%
Consumer Cyclical	10.3%	5.7%
Healthcare	8.8%	6.5%
Technology	8.1%	15.7%
Consumer Defensive	7.5%	4.9%
Communication Services	5.5%	2.3%
Utilities	5.5%	1.7%
Basic Materials	5.4%	6.5%
Energy	4.1%	5.0%
Real Estate	3.1%	1.7%

Return for Risk

DDWM vs. SCHF — 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

SCHF

SCHF Risk / Return Rank: 59
SCHF Sharpe Ratio Rank: 60
SCHF Sortino Ratio Rank: 60
SCHF Omega Ratio Rank: 60
SCHF Calmar Ratio Rank: 56
SCHF Martin Ratio Rank: 61

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. SCHF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and Schwab International Equity ETF (SCHF). 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	SCHF	Difference
Sharpe ratio Return per unit of total volatility	1.60	2.09	-0.49
Sortino ratio Return per unit of downside risk	2.23	2.87	-0.64
Omega ratio Gain probability vs. loss probability	1.30	1.37	-0.07
Calmar ratio Return relative to maximum drawdown	1.91	2.86	-0.95
Martin ratio Return relative to average drawdown	6.99	11.11	-4.12
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. SCHF - Sharpe Ratio Comparison

The current DDWM Sharpe Ratio is 1.60, which is comparable to the SCHF Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of DDWM and SCHF, 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	SCHF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	2.09	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	0.60	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.60	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.44	+0.26

Drawdowns

DDWM vs. SCHF - Drawdown Comparison

The maximum DDWM drawdown since its inception was -35.00%, roughly equal to the maximum SCHF drawdown of -34.87%. Use the drawdown chart below to compare losses from any high point for DDWM and SCHF.

Drawdown Indicators

	DDWM	SCHF	Difference
Max Drawdown Largest peak-to-trough decline	-35.00%	-34.87%	-0.13%
Max Drawdown (1Y) Largest decline over 1 year	-10.56%	-11.48%	+0.92%
Max Drawdown (3Y) Largest decline over 3 years	-12.34%	-13.41%	+1.07%
Max Drawdown (5Y) Largest decline over 5 years	-14.79%	-29.14%	+14.35%
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	-34.87%	-0.13%
Current Drawdown Current decline from peak	-2.82%	-0.86%	-1.96%
Average Drawdown Average peak-to-trough decline	-4.05%	-7.38%	+3.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	2.95%	-0.08%

Volatility

DDWM vs. SCHF - Volatility Comparison

The current volatility for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is 3.80%, while Schwab International Equity ETF (SCHF) has a volatility of 5.66%. This indicates that DDWM experiences smaller price fluctuations and is considered to be less risky than SCHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDWM	SCHF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	5.66%	-1.86%
Volatility (6M) Calculated over the trailing 6-month period	10.44%	13.34%	-2.90%
Volatility (1Y) Calculated over the trailing 1-year period	12.60%	15.74%	-3.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.33%	16.39%	-3.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.31%	17.18%	-1.87%

DDWM vs. SCHF - Expense Ratio Comparison

DDWM has a 0.40% expense ratio, which is higher than SCHF's 0.06% expense ratio.

Dividends

DDWM vs. SCHF - Dividend Comparison

DDWM's dividend yield for the trailing twelve months is around 2.33%, less than SCHF's 2.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
SCHF Schwab International Equity ETF	2.96%	3.42%	3.26%	2.97%	2.80%	3.19%	2.08%	2.95%	3.06%	2.35%	2.58%	2.26%

Frequently Asked Questions

Can I hold both DDWM and SCHF in my portfolio?

With a correlation of 0.90, DDWM and SCHF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DDWM or SCHF?

SCHF has higher volatility (5.66%) compared to DDWM (3.80%). In terms of maximum drawdown, DDWM dropped -35.00% vs SCHF's -34.87%.

Which ETF is better, DDWM or SCHF?

On 10-year performance, DDWM leads with 10.36% vs 10.27% for SCHF. On fees, SCHF is cheaper at 0.06% 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 SCHF?

Over the 10-year period, DDWM has performed better with a 10.36% return vs 10.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DDWM or SCHF?

SCHF is cheaper with a 0.06% expense ratio, compared with 0.40% for DDWM.

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

SCHF has the higher dividend yield at 2.96%, compared with 2.33% for DDWM.

What is the main difference between DDWM and SCHF?

DDWM tracks WisdomTree Dynamic Currency Hedged International Equity Index, while SCHF tracks FTSE Developed ex U.S. Index. They also come from different issuers: WisdomTree and Charles Schwab. Their fees differ too: 0.40% for DDWM and 0.06% for SCHF.

Which has better risk-adjusted returns?

SCHF currently has the higher Sharpe Ratio (2.09 vs 1.60), 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.