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DEW vs. PRF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DEW vs. PRF

Last updated Jun 25, 2026

DEW (WisdomTree Global High Dividend Fund) and PRF (Invesco RAFI US 1000 ETF) are both Large Cap Value Equities funds - DEW tracks the WisdomTree Global High Dividend Index while PRF tracks the RAFI Fundamental Select US 1000 Index. Both are passively managed. Over the past 10 years, DEW returned 9.68%/yr vs 13.99%/yr for PRF. Their correlation of 0.82 suggests significant overlap in exposure. DEW charges 0.58%/yr vs 0.34%/yr for PRF.

Performance

DEW vs. PRF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Global High Dividend Fund (DEW) and Invesco RAFI US 1000 ETF (PRF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DEW achieves a 12.63% return, which is significantly lower than PRF's 14.85% return. Over the past 10 years, DEW has underperformed PRF with an annualized return of 9.68%, while PRF has yielded a comparatively higher 13.99% annualized return.

DEW

1D
-0.30%
1M
-0.37%
YTD
12.63%
6M
12.02%
1Y
24.38%
3Y*
19.15%
5Y*
11.40%
10Y*
9.68%

PRF

1D
0.02%
1M
0.87%
YTD
14.85%
6M
13.76%
1Y
30.27%
3Y*
20.99%
5Y*
12.72%
10Y*
13.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DEW vs. PRF - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DEW
WisdomTree Global High Dividend Fund		12.63%22.39%11.58%9.39%-2.73%21.29%-7.32%20.45%-10.58%15.38%
PRF
Invesco RAFI US 1000 ETF		14.85%18.33%16.73%15.72%-7.79%31.12%7.78%27.42%-8.71%16.01%

Correlation

The correlation between DEW and PRF is 0.75, 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

0.75

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

0.83

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

0.88

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

0.88

Correlation (All Time)
Calculated using the full available price history since Jun 16, 2006

0.82

The correlation between DEW and PRF shifts across timeframes, from 0.75 (1 year) to 0.88 (5 years), reflecting how their relationship changes across market environments.

DEW vs. PRF - Sectors Allocation Comparison

Sectors
DEW
PRF

Financial Services

19.7%
15.6%

Energy

14.7%
7.2%

Utilities

10.8%
3.0%

Real Estate

10.8%
2.3%

Healthcare

9.5%
11.6%

Consumer Defensive

8.9%
5.9%

Industrials

4.4%
9.0%

Communication Services

4.1%
9.1%

Consumer Cyclical

3.1%
8.7%

Basic Materials

2.8%
3.3%

Technology

2.5%
24.4%

Financial Services

DEW
19.7%
PRF
15.6%

Energy

DEW
14.7%
PRF
7.2%

Utilities

DEW
10.8%
PRF
3.0%

Real Estate

DEW
10.8%
PRF
2.3%

Healthcare

DEW
9.5%
PRF
11.6%

Consumer Defensive

DEW
8.9%
PRF
5.9%

Industrials

DEW
4.4%
PRF
9.0%

Communication Services

DEW
4.1%
PRF
9.1%

Consumer Cyclical

DEW
3.1%
PRF
8.7%

Basic Materials

DEW
2.8%
PRF
3.3%

Technology

DEW
2.5%
PRF
24.4%

Compare stocks, funds, or ETFs

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WisdomTree Global High Dividend Fund

Invesco RAFI US 1000 ETF

Often compared with DEW:
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Often compared with PRF:
PRF vs. SPYPRF vs. VOOPRF vs. RSPPRF vs. PFMPRF vs. VTVPRF vs. SCHDPRF vs. PXF

Return for Risk

DEW vs. PRF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DEW
DEW Risk / Return Rank: 8484
Overall Rank
DEW Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
DEW Sortino Ratio Rank: 8888
Sortino Ratio Rank
DEW Omega Ratio Rank: 8383
Omega Ratio Rank
DEW Calmar Ratio Rank: 8181
Calmar Ratio Rank
DEW Martin Ratio Rank: 8383
Martin Ratio Rank
PRF
PRF Risk / Return Rank: 9090
Overall Rank
PRF Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
PRF Sortino Ratio Rank: 9191
Sortino Ratio Rank
PRF Omega Ratio Rank: 8989
Omega Ratio Rank
PRF Calmar Ratio Rank: 8888
Calmar Ratio Rank
PRF Martin Ratio Rank: 9090
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.

DEW vs. PRF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global High Dividend Fund (DEW) and Invesco RAFI US 1000 ETF (PRF). 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.

DEWPRFDifference
Sharpe ratioReturn per unit of total volatility
2.52
2.78

-0.26

Sortino ratioReturn per unit of downside risk
3.52
3.84

-0.33

Omega ratioGain probability vs. loss probability

1.44

1.50

-0.06

Calmar ratioReturn relative to maximum drawdown

3.86

4.61

-0.75

Martin ratioReturn relative to average drawdown

15.10

18.77

-3.67

DEW vs. PRF - Sharpe Ratio Comparison

The current DEW Sharpe Ratio is 2.52, which is comparable to the PRF Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of DEW and PRF, 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

DEW vs. PRF - Drawdown Comparison

The maximum DEW drawdown since its inception was -65.55%, which is greater than PRF's maximum drawdown of -60.35%. Use the drawdown chart below to compare losses from any high point for DEW and PRF.

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Drawdown Indicators

DEWPRFDifference

Max Drawdown

Largest peak-to-trough decline

-65.55%

-60.35%

-5.20%

Max Drawdown (1Y)

Largest decline over 1 year

-6.34%

-6.59%

+0.25%

Max Drawdown (3Y)

Largest decline over 3 years

-11.80%

-15.82%

+4.02%

Max Drawdown (5Y)

Largest decline over 5 years

-18.86%

-19.72%

+0.86%

Max Drawdown (10Y)

Largest decline over 10 years

-38.77%

-38.16%

-0.61%

Current Drawdown

Current decline from peak

-1.41%

-1.37%

-0.04%

Average Drawdown

Average peak-to-trough decline

-12.40%

-6.91%

-5.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.62%

1.62%

0.00%

Volatility

DEW vs. PRF - Volatility Comparison

The current volatility for WisdomTree Global High Dividend Fund (DEW) is 2.78%, while Invesco RAFI US 1000 ETF (PRF) has a volatility of 3.63%. This indicates that DEW experiences smaller price fluctuations and is considered to be less risky than PRF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DEWPRFDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.78%

3.63%

-0.85%

Volatility (6M)

Calculated over the trailing 6-month period

7.36%

8.23%

-0.87%

Volatility (1Y)

Calculated over the trailing 1-year period

9.75%

10.96%

-1.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.98%

15.20%

-2.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.41%

17.64%

-2.23%

DEW vs. PRF - Expense Ratio Comparison

DEW has a 0.58% expense ratio, which is higher than PRF's 0.34% expense ratio.

Dividends

DEW vs. PRF - Dividend Comparison

DEW's dividend yield for the trailing twelve months is around 3.19%, more than PRF's 1.39% yield.

PositionTTM20252024202320222021202020192018201720162015
DEW
WisdomTree Global High Dividend Fund		3.19%3.71%4.02%4.55%3.82%3.55%4.10%3.74%4.17%3.18%3.42%4.32%
PRF
Invesco RAFI US 1000 ETF		1.39%1.59%1.78%1.84%2.01%1.58%1.97%1.99%2.25%1.58%2.17%2.25%

Frequently Asked Questions

DEW and PRF have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PRF has higher volatility (3.63%) compared to DEW (2.78%). In terms of maximum drawdown, DEW dropped -65.55% vs PRF's -60.35%.

On 10-year performance, PRF leads with 13.99% vs 9.68% for DEW. On fees, PRF is cheaper at 0.34% per year. On volatility, DEW has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, PRF has performed better with a 13.99% return vs 9.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

PRF is cheaper with a 0.34% expense ratio, compared with 0.58% for DEW.

DEW has the higher dividend yield at 3.19%, compared with 1.39% for PRF.

DEW tracks WisdomTree Global High Dividend Index, while PRF tracks RAFI Fundamental Select US 1000 Index. They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.58% for DEW and 0.34% for PRF.

PRF currently has the higher Sharpe Ratio (2.78 vs 2.52), 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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