DDWM vs. VOOV
Compare and contrast key facts about WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and Vanguard S&P 500 Value ETF (VOOV).
DDWM and VOOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DDWM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Dynamic Currency Hedged International Equity Index. It was launched on Jan 7, 2016. VOOV is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Value Index. It was launched on Sep 7, 2010. Both DDWM and VOOV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DDWM or VOOV.
Key characteristics
| DDWM | VOOV | |
|---|---|---|
| YTD Return | 6.05% | 3.69% |
| 1Y Return | 12.76% | 21.05% |
| 3Y Return (Ann) | 8.39% | 8.93% |
| 5Y Return (Ann) | 7.17% | 11.32% |
| Sharpe Ratio | 1.23 | 1.81 |
| Daily Std Dev | 10.44% | 11.08% |
| Max Drawdown | -35.00% | -37.31% |
| Current Drawdown | -0.85% | -3.92% |
Correlation
The correlation between DDWM and VOOV is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DDWM vs. VOOV - Performance Comparison
In the year-to-date period, DDWM achieves a 6.05% return, which is significantly higher than VOOV's 3.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DDWM vs. VOOV - Expense Ratio Comparison
DDWM has a 0.40% expense ratio, which is higher than VOOV's 0.10% expense ratio.
Risk-Adjusted Performance
DDWM vs. VOOV - Risk-Adjusted Performance 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.
Dividends
DDWM vs. VOOV - Dividend Comparison
DDWM's dividend yield for the trailing twelve months is around 3.99%, more than VOOV's 1.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund | 3.99% | 4.46% | 4.28% | 3.73% | 3.52% | 3.63% | 4.40% | 2.65% | 4.00% | 0.00% | 0.00% | 0.00% |
VOOV Vanguard S&P 500 Value ETF | 1.76% | 1.69% | 2.19% | 1.87% | 2.45% | 2.10% | 2.65% | 2.13% | 2.24% | 2.36% | 1.98% | 1.97% |
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. For additional features, visit the drawdowns tool.
Volatility
DDWM vs. VOOV - Volatility Comparison
The current volatility for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is 2.78%, while Vanguard S&P 500 Value ETF (VOOV) has a volatility of 3.22%. This indicates that DDWM experiences smaller price fluctuations and is considered to be less risky than VOOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.