DDWM vs. VYMI

Last updated Jun 24, 2026

DDWM (WisdomTree Dynamic Currency Hedged International Equity Fund) and VYMI (Vanguard International High Dividend Yield ETF) are both exchange-traded funds - DDWM is a Foreign Large Cap Equities fund tracking the WisdomTree Dynamic Currency Hedged International Equity Index, while VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index. Both are passively managed. Over the past 10 years, DDWM returned 10.94%/yr vs 11.21%/yr for VYMI. Their correlation of 0.89 suggests significant overlap in exposure. DDWM charges 0.40%/yr vs 0.07%/yr for VYMI.

Performance

DDWM vs. VYMI - 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 International High Dividend Yield ETF (VYMI). 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 VYMI's 11.38% return. Both investments have delivered pretty close results over the past 10 years, with DDWM having a 10.94% annualized return and VYMI not far ahead at 11.21%.

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%

VYMI

• 1D: -1.23%
• 1M: -0.28%
• YTD: 11.38%
• 6M: 11.17%
• 1Y: 30.40%
• 3Y*: 21.85%
• 5Y*: 12.40%
• 10Y*: 11.21%

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

DDWM vs. VYMI - 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%
VYMI Vanguard International High Dividend Yield ETF	11.38%	38.05%	7.06%	17.07%	-7.02%	15.39%	-1.11%	18.43%	-12.65%	22.36%

Correlation

The correlation between DDWM and VYMI is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Mar 2, 2016	0.89

The correlation between DDWM and VYMI has been stable across timeframes, ranging from 0.89 to 0.91 - a consistent structural relationship.

DDWM vs. VYMI - Sectors Allocation Comparison

Sectors	DDWM	VYMI
Industrials	21.1%	6.2%
Financial Services	20.7%	40.7%
Consumer Cyclical	10.6%	6.4%
Technology	9.0%	5.2%
Healthcare	8.6%	6.5%
Consumer Defensive	7.4%	6.7%
Basic Materials	5.5%	6.9%
Communication Services	5.4%	3.7%
Utilities	5.2%	5.0%
Energy	3.7%	8.6%
Real Estate	3.0%	1.3%

Return for Risk

DDWM vs. VYMI — 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

VYMI

VYMI Risk / Return Rank: 70
VYMI Sharpe Ratio Rank: 75
VYMI Sortino Ratio Rank: 73
VYMI Omega Ratio Rank: 74
VYMI Calmar Ratio Rank: 63
VYMI Martin Ratio Rank: 67

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. VYMI - 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 International High Dividend Yield ETF (VYMI). 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	VYMI	Difference
Sharpe ratio: Return per unit of total volatility	1.59	2.30	-0.71
Sortino ratio: Return per unit of downside risk	2.22	3.14	-0.92
Omega ratio: Gain probability vs. loss probability	1.30	1.42	-0.12
Calmar ratio: Return relative to maximum drawdown	1.96	3.01	-1.05
Martin ratio: Return relative to average drawdown	7.05	11.81	-4.76

DDWM vs. VYMI - Sharpe Ratio Comparison

The current DDWM Sharpe Ratio is 1.59, which is lower than the VYMI Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of DDWM and VYMI, 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. VYMI - Drawdown Comparison

The maximum DDWM drawdown since its inception was -35.00%, smaller than the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for DDWM and VYMI.

Drawdown Indicators

	DDWM	VYMI	Difference
Max Drawdown Largest peak-to-trough decline	-35.00%	-40.00%	+5.00%
Max Drawdown (1Y) Largest decline over 1 year	-10.56%	-10.14%	-0.42%
Max Drawdown (3Y) Largest decline over 3 years	-12.34%	-12.84%	+0.50%
Max Drawdown (5Y) Largest decline over 5 years	-14.79%	-24.05%	+9.26%
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	-40.00%	+5.00%
Current Drawdown Current decline from peak	-2.60%	-1.97%	-0.63%
Average Drawdown Average peak-to-trough decline	-4.04%	-6.28%	+2.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	2.58%	+0.35%

Volatility

DDWM vs. VYMI - Volatility Comparison

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and Vanguard International High Dividend Yield ETF (VYMI) have volatilities of 4.18% and 4.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDWM	VYMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	4.14%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	11.04%	11.20%	-0.16%
Volatility (1Y) Calculated over the trailing 1-year period	13.01%	13.27%	-0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.40%	14.87%	-1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.14%	16.61%	-1.47%

DDWM vs. VYMI - Expense Ratio Comparison

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

Dividends

DDWM vs. VYMI - Dividend Comparison

DDWM's dividend yield for the trailing twelve months is around 2.32%, less than VYMI's 3.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
VYMI Vanguard International High Dividend Yield ETF	3.67%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%

Frequently Asked Questions

Can I hold both DDWM and VYMI in my portfolio?

With a correlation of 0.91, DDWM and VYMI 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 VYMI?

DDWM has higher volatility (4.18%) compared to VYMI (4.14%). In terms of maximum drawdown, DDWM dropped -35.00% vs VYMI's -40.00%.

Which ETF is better, DDWM or VYMI?

On 10-year performance, VYMI leads with 11.21% vs 10.94% for DDWM. On fees, VYMI is cheaper at 0.07% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DDWM or VYMI?

Over the 10-year period, VYMI has performed better with a 11.21% 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 VYMI?

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

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

VYMI has the higher dividend yield at 3.67%, compared with 2.32% for DDWM.

What is the main difference between DDWM and VYMI?

DDWM is categorized as Foreign Large Cap Equities, while VYMI is Dividend. DDWM tracks WisdomTree Dynamic Currency Hedged International Equity Index, while VYMI tracks FTSE All-World ex US High Dividend Yield Index. They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.40% for DDWM and 0.07% for VYMI.

Which has better risk-adjusted returns?

VYMI currently has the higher Sharpe Ratio (2.30 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.