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DDWM vs. WDIV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DDWM vs. WDIV

Last updated Jun 24, 2026

DDWM (WisdomTree Dynamic Currency Hedged International Equity Fund) and WDIV (SPDR S&P Global Dividend ETF) are both exchange-traded funds - DDWM is a Foreign Large Cap Equities fund tracking the WisdomTree Dynamic Currency Hedged International Equity Index, while WDIV is a Global Equities fund tracking the S&P Global Dividend Aristocrats Index sp_43. Both are passively managed. Over the past 10 years, DDWM returned 10.94%/yr vs 7.81%/yr for WDIV. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.40% expense ratio.

Performance

DDWM vs. WDIV - Performance Comparison

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

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Returns By Period

In the year-to-date period, DDWM achieves a 6.75% return, which is significantly lower than WDIV's 7.89% return. Over the past 10 years, DDWM has outperformed WDIV with an annualized return of 10.94%, while WDIV has yielded a comparatively lower 7.81% 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%

WDIV

1D
0.04%
1M
-0.69%
YTD
7.89%
6M
7.85%
1Y
19.92%
3Y*
17.68%
5Y*
7.89%
10Y*
7.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DDWM vs. WDIV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
WDIV
SPDR S&P Global Dividend ETF		7.89%27.16%7.61%8.21%-6.92%14.44%-10.18%20.12%-8.81%19.03%

Correlation

The correlation between DDWM and WDIV is 0.79, 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

0.79

Correlation (3Y)
Calculated over the trailing 3-year period

0.81

Correlation (5Y)
Calculated over the trailing 5-year period

0.84

Correlation (10Y)
Calculated over the trailing 10-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Feb 4, 2016

0.82

The correlation between DDWM and WDIV has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.

DDWM vs. WDIV - Sectors Allocation Comparison

Sectors
DDWM
WDIV

Industrials

21.1%
6.0%

Financial Services

20.7%
19.1%

Consumer Cyclical

10.6%
3.9%

Technology

9.0%
2.4%

Healthcare

8.6%
2.2%

Consumer Defensive

7.4%
4.6%

Basic Materials

5.5%
4.5%

Communication Services

5.4%
5.1%

Utilities

5.2%
7.5%

Energy

3.7%
7.4%

Real Estate

3.0%
8.2%

Industrials

DDWM
21.1%
WDIV
6.0%

Financial Services

DDWM
20.7%
WDIV
19.1%

Consumer Cyclical

DDWM
10.6%
WDIV
3.9%

Technology

DDWM
9.0%
WDIV
2.4%

Healthcare

DDWM
8.6%
WDIV
2.2%

Consumer Defensive

DDWM
7.4%
WDIV
4.6%

Basic Materials

DDWM
5.5%
WDIV
4.5%

Communication Services

DDWM
5.4%
WDIV
5.1%

Utilities

DDWM
5.2%
WDIV
7.5%

Energy

DDWM
3.7%
WDIV
7.4%

Real Estate

DDWM
3.0%
WDIV
8.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree Dynamic Currency Hedged International Equity Fund

SPDR S&P Global Dividend ETF

Often compared with DDWM:
DDWM vs. DINTDDWM vs. VYMIDDWM vs. UIVMDDWM vs. IHDGDDWM vs. HEFADDWM vs. SPYDDWM vs. IVLU
Often compared with WDIV:
WDIV vs. SCHDWDIV vs. SCHYWDIV vs. VYMWDIV vs. WLDRWDIV vs. VIGIWDIV vs. SPYWDIV vs. IVV

Return for Risk

DDWM vs. WDIV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DDWM
DDWM Risk / Return Rank: 4747
Overall Rank
DDWM Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
DDWM Sortino Ratio Rank: 4747
Sortino Ratio Rank
DDWM Omega Ratio Rank: 5050
Omega Ratio Rank
DDWM Calmar Ratio Rank: 4141
Calmar Ratio Rank
DDWM Martin Ratio Rank: 4545
Martin Ratio Rank
WDIV
WDIV Risk / Return Rank: 5757
Overall Rank
WDIV Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
WDIV Sortino Ratio Rank: 6464
Sortino Ratio Rank
WDIV Omega Ratio Rank: 6060
Omega Ratio Rank
WDIV Calmar Ratio Rank: 4949
Calmar Ratio Rank
WDIV Martin Ratio Rank: 5252
Martin Ratio Rank
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. WDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and SPDR S&P Global Dividend ETF (WDIV). 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.

DDWMWDIVDifference
Sharpe ratioReturn per unit of total volatility
1.59
1.95

-0.36

Sortino ratioReturn per unit of downside risk
2.22
2.81

-0.59

Omega ratioGain probability vs. loss probability

1.30

1.35

-0.05

Calmar ratioReturn relative to maximum drawdown

1.96

2.32

-0.37

Martin ratioReturn relative to average drawdown

7.05

8.53

-1.48

DDWM vs. WDIV - Sharpe Ratio Comparison

The current DDWM Sharpe Ratio is 1.59, which is comparable to the WDIV Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of DDWM and WDIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DDWM vs. WDIV - Drawdown Comparison

The maximum DDWM drawdown since its inception was -35.00%, smaller than the maximum WDIV drawdown of -42.34%. Use the drawdown chart below to compare losses from any high point for DDWM and WDIV.

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Drawdown Indicators

DDWMWDIVDifference

Max Drawdown

Largest peak-to-trough decline

-35.00%

-42.34%

+7.34%

Max Drawdown (1Y)

Largest decline over 1 year

-10.56%

-8.61%

-1.95%

Max Drawdown (3Y)

Largest decline over 3 years

-12.34%

-11.26%

-1.08%

Max Drawdown (5Y)

Largest decline over 5 years

-14.79%

-22.12%

+7.33%

Max Drawdown (10Y)

Largest decline over 10 years

-35.00%

-42.34%

+7.34%

Current Drawdown

Current decline from peak

-2.60%

-1.94%

-0.66%

Average Drawdown

Average peak-to-trough decline

-4.04%

-5.83%

+1.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.93%

2.34%

+0.59%

Volatility

DDWM vs. WDIV - Volatility Comparison

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) has a higher volatility of 4.18% compared to SPDR S&P Global Dividend ETF (WDIV) at 3.05%. This indicates that DDWM's price experiences larger fluctuations and is considered to be riskier than WDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DDWMWDIVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.18%

3.05%

+1.13%

Volatility (6M)

Calculated over the trailing 6-month period

11.04%

8.32%

+2.72%

Volatility (1Y)

Calculated over the trailing 1-year period

13.01%

10.29%

+2.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.40%

12.77%

+0.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.14%

15.24%

-0.10%

DDWM vs. WDIV - Expense Ratio Comparison

Both DDWM and WDIV have an expense ratio of 0.40%.

Dividends

DDWM vs. WDIV - Dividend Comparison

DDWM's dividend yield for the trailing twelve months is around 2.32%, less than WDIV's 4.29% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
WDIV
SPDR S&P Global Dividend ETF		4.29%4.27%4.63%4.73%5.12%4.15%5.55%3.99%4.42%3.62%4.32%5.03%

Frequently Asked Questions

DDWM and WDIV have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DDWM has higher volatility (4.18%) compared to WDIV (3.05%). In terms of maximum drawdown, DDWM dropped -35.00% vs WDIV's -42.34%.

On 10-year performance, DDWM leads with 10.94% vs 7.81% for WDIV. Both ETFs have the same 0.40% expense ratio. On volatility, WDIV has been the lower-risk option at 3.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, DDWM has performed better with a 10.94% return vs 7.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DDWM and WDIV have the same expense ratio: 0.40% per year.

WDIV has the higher dividend yield at 4.29%, compared with 2.32% for DDWM.

DDWM is categorized as Foreign Large Cap Equities, while WDIV is Global Equities. DDWM tracks WisdomTree Dynamic Currency Hedged International Equity Index, while WDIV tracks S&P Global Dividend Aristocrats Index sp_43. They also come from different issuers: WisdomTree and State Street.

WDIV currently has the higher Sharpe Ratio (1.95 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.

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