DDWM vs. VOOV

Last updated Jun 24, 2026

DDWM (WisdomTree Dynamic Currency Hedged International Equity Fund) and VOOV (Vanguard S&P 500 Value ETF) are both exchange-traded funds - DDWM is a Foreign Large Cap Equities fund tracking the WisdomTree Dynamic Currency Hedged International Equity Index, while VOOV is a Large Cap Value Equities fund tracking the S&P 500 Value Index. Both are passively managed. Over the past 10 years, DDWM returned 10.94%/yr vs 12.10%/yr for VOOV. A 0.74 correlation means they provide meaningful diversification when combined. DDWM charges 0.40%/yr vs 0.07%/yr for VOOV.

Performance

DDWM vs. VOOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and Vanguard S&P 500 Value ETF (VOOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDWM achieves a 6.75% return, which is significantly lower than VOOV's 7.53% return. Over the past 10 years, DDWM has underperformed VOOV with an annualized return of 10.94%, while VOOV has yielded a comparatively higher 12.10% annualized return.

DDWM

• 1D: -1.52%
• 1M: -0.22%
• YTD: 6.75%
• 6M: 6.95%
• 1Y: 20.60%
• 3Y*: 18.16%
• 5Y*: 12.42%
• 10Y*: 10.94%

VOOV

• 1D: -0.34%
• 1M: -0.41%
• YTD: 7.53%
• 6M: 6.93%
• 1Y: 20.11%
• 3Y*: 15.16%
• 5Y*: 11.18%
• 10Y*: 12.10%

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

DDWM vs. VOOV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund	6.75%	30.07%	10.70%	15.25%	-0.77%	14.84%	-4.56%	21.43%	-11.75%	18.80%
VOOV Vanguard S&P 500 Value ETF	7.53%	13.10%	12.21%	22.15%	-5.37%	24.87%	1.23%	31.75%	-9.09%	15.26%

Correlation

The correlation between DDWM and VOOV is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Feb 4, 2016	0.74

The correlation between DDWM and VOOV has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.

DDWM vs. VOOV - Sectors Allocation Comparison

Sectors	DDWM	VOOV
Industrials	21.1%	11.0%
Financial Services	20.7%	15.0%
Consumer Cyclical	10.6%	11.1%
Technology	9.0%	19.0%
Healthcare	8.6%	11.6%
Consumer Defensive	7.4%	9.5%
Basic Materials	5.5%	3.5%
Communication Services	5.4%	3.3%
Utilities	5.2%	4.6%
Energy	3.7%	7.6%
Real Estate	3.0%	3.4%

Return for Risk

DDWM vs. VOOV — Risk / Return Rank

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

DDWM

DDWM Risk / Return Rank: 47
DDWM Sharpe Ratio Rank: 49
DDWM Sortino Ratio Rank: 47
DDWM Omega Ratio Rank: 50
DDWM Calmar Ratio Rank: 41
DDWM Martin Ratio Rank: 45

VOOV

VOOV Risk / Return Rank: 65
VOOV Sharpe Ratio Rank: 64
VOOV Sortino Ratio Rank: 63
VOOV Omega Ratio Rank: 61
VOOV Calmar Ratio Rank: 67
VOOV Martin Ratio Rank: 68

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. VOOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and Vanguard S&P 500 Value ETF (VOOV). 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	VOOV	Difference
Sharpe ratio: Return per unit of total volatility	1.59	2.03	-0.44
Sortino ratio: Return per unit of downside risk	2.22	2.82	-0.59
Omega ratio: Gain probability vs. loss probability	1.30	1.36	-0.06
Calmar ratio: Return relative to maximum drawdown	1.96	3.22	-1.26
Martin ratio: Return relative to average drawdown	7.05	12.21	-5.16

DDWM vs. VOOV - Sharpe Ratio Comparison

The current DDWM Sharpe Ratio is 1.59, which is comparable to the VOOV Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of DDWM and VOOV, 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. VOOV - Drawdown Comparison

The maximum DDWM drawdown since its inception was -35.00%, smaller than the maximum VOOV drawdown of -37.31%. Use the drawdown chart below to compare losses from any high point for DDWM and VOOV.

Drawdown Indicators

	DDWM	VOOV	Difference
Max Drawdown Largest peak-to-trough decline	-35.00%	-37.31%	+2.31%
Max Drawdown (1Y) Largest decline over 1 year	-10.56%	-6.27%	-4.29%
Max Drawdown (3Y) Largest decline over 3 years	-12.34%	-17.55%	+5.21%
Max Drawdown (5Y) Largest decline over 5 years	-14.79%	-18.10%	+3.31%
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	-37.31%	+2.31%
Current Drawdown Current decline from peak	-2.60%	-1.25%	-1.35%
Average Drawdown Average peak-to-trough decline	-4.04%	-3.83%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	1.65%	+1.28%

Volatility

DDWM vs. VOOV - Volatility Comparison

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) has a higher volatility of 4.18% compared to Vanguard S&P 500 Value ETF (VOOV) at 2.97%. This indicates that DDWM's price experiences larger fluctuations and is considered to be riskier than VOOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDWM	VOOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	2.97%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	11.04%	7.36%	+3.68%
Volatility (1Y) Calculated over the trailing 1-year period	13.01%	9.97%	+3.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.40%	14.44%	-1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.14%	16.92%	-1.78%

DDWM vs. VOOV - Expense Ratio Comparison

DDWM has a 0.40% expense ratio, which is higher than VOOV's 0.07% expense ratio.

Dividends

DDWM vs. VOOV - Dividend Comparison

DDWM's dividend yield for the trailing twelve months is around 2.32%, more than VOOV's 1.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund	2.32%	2.47%	3.57%	4.46%	4.28%	3.73%	3.52%	3.63%	4.40%	2.65%	4.00%	0.00%
VOOV Vanguard S&P 500 Value ETF	1.67%	1.76%	2.10%	1.69%	2.19%	1.87%	2.45%	2.10%	2.65%	2.13%	2.24%	2.36%

Frequently Asked Questions

Can I hold both DDWM and VOOV in my portfolio?

DDWM and VOOV have a correlation of 0.71, 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 VOOV?

DDWM has higher volatility (4.18%) compared to VOOV (2.97%). In terms of maximum drawdown, DDWM dropped -35.00% vs VOOV's -37.31%.

Which ETF is better, DDWM or VOOV?

On 10-year performance, VOOV leads with 12.10% vs 10.94% for DDWM. On fees, VOOV is cheaper at 0.07% per year. On volatility, VOOV has been the lower-risk option at 2.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DDWM or VOOV?

Over the 10-year period, VOOV has performed better with a 12.10% return vs 10.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DDWM or VOOV?

VOOV is cheaper with a 0.07% expense ratio, compared with 0.40% for DDWM.

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

DDWM has the higher dividend yield at 2.32%, compared with 1.67% for VOOV.

What is the main difference between DDWM and VOOV?

DDWM is categorized as Foreign Large Cap Equities, while VOOV is Large Cap Value Equities. DDWM tracks WisdomTree Dynamic Currency Hedged International Equity Index, while VOOV tracks S&P 500 Value Index. They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.40% for DDWM and 0.07% for VOOV.

Which has better risk-adjusted returns?

VOOV currently has the higher Sharpe Ratio (2.03 vs 1.59), 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.