DEW vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Global High Dividend Fund (DEW) and S&P 500 Index (^GSPC).

DEW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global High Dividend Index. It was launched on Jun 16, 2006.

Performance

DEW vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Global High Dividend Fund (DEW) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

DEW vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEW WisdomTree Global High Dividend Fund	8.48%	22.39%	11.58%	9.39%	-2.73%	21.29%	-7.32%	20.45%	-10.58%	15.38%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, DEW achieves a 8.48% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, DEW has underperformed ^GSPC with an annualized return of 9.27%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

DEW

• 1D: 0.32%
• 1M: -3.01%
• YTD: 8.48%
• 6M: 11.84%
• 1Y: 23.21%
• 3Y*: 17.14%
• 5Y*: 11.58%
• 10Y*: 9.27%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

DEW vs. ^GSPC — Risk / Return Rank

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

DEW

DEW Risk / Return Rank: 82
DEW Sharpe Ratio Rank: 84
DEW Sortino Ratio Rank: 85
DEW Omega Ratio Rank: 86
DEW Calmar Ratio Rank: 71
DEW Martin Ratio Rank: 84

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

DEW vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global High Dividend Fund (DEW) and S&P 500 Index (^GSPC). 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.

	DEW	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.74	0.92	+0.82
Sortino ratio Return per unit of downside risk	2.35	1.41	+0.94
Omega ratio Gain probability vs. loss probability	1.36	1.21	+0.15
Calmar ratio Return relative to maximum drawdown	1.95	1.41	+0.54
Martin ratio Return relative to average drawdown	10.37	6.61	+3.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DEW vs. ^GSPC - Sharpe Ratio Comparison

The current DEW Sharpe Ratio is 1.74, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of DEW and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DEW	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	0.92	+0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	0.61	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.68	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.46	-0.18

Correlation

The correlation between DEW and ^GSPC is 0.78, 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.

Drawdowns

DEW vs. ^GSPC - Drawdown Comparison

The maximum DEW drawdown since its inception was -65.55%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for DEW and ^GSPC.

Drawdown Indicators

	DEW	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-65.55%	-56.78%	-8.77%
Max Drawdown (1Y) Largest decline over 1 year	-11.80%	-12.14%	+0.34%
Max Drawdown (5Y) Largest decline over 5 years	-18.86%	-25.43%	+6.57%
Max Drawdown (10Y) Largest decline over 10 years	-38.77%	-33.92%	-4.85%
Current Drawdown Current decline from peak	-3.32%	-5.78%	+2.46%
Average Drawdown Average peak-to-trough decline	-12.54%	-10.75%	-1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	2.60%	-0.38%

Volatility

DEW vs. ^GSPC - Volatility Comparison

The current volatility for WisdomTree Global High Dividend Fund (DEW) is 3.75%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that DEW experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEW	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	5.37%	-1.62%
Volatility (6M) Calculated over the trailing 6-month period	7.21%	9.55%	-2.34%
Volatility (1Y) Calculated over the trailing 1-year period	13.41%	18.33%	-4.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.02%	16.90%	-3.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.55%	18.05%	-2.50%