DEW vs. ^GSPC
Compare and contrast key facts about WisdomTree Global High Dividend Fund (DEW) and S&P 500 (^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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEW or ^GSPC.
Performance
DEW vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, DEW achieves a 16.13% return, which is significantly lower than ^GSPC's 24.72% return. Over the past 10 years, DEW has underperformed ^GSPC with an annualized return of 5.85%, while ^GSPC has yielded a comparatively higher 11.16% annualized return.
DEW
16.13%
0.31%
10.94%
24.08%
7.44%
5.85%
^GSPC
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Key characteristics
| DEW | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 2.38 | 2.54 |
| Sortino Ratio | 3.24 | 3.40 |
| Omega Ratio | 1.42 | 1.47 |
| Calmar Ratio | 4.64 | 3.66 |
| Martin Ratio | 14.19 | 16.26 |
| Ulcer Index | 1.70% | 1.91% |
| Daily Std Dev | 10.16% | 12.23% |
| Max Drawdown | -65.55% | -56.78% |
| Current Drawdown | -0.70% | -0.88% |
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Correlation
The correlation between DEW and ^GSPC is 0.79, 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.
Risk-Adjusted Performance
DEW vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global High Dividend Fund (DEW) and S&P 500 (^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.
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. For additional features, visit the drawdowns tool.
Volatility
DEW vs. ^GSPC - Volatility Comparison
The current volatility for WisdomTree Global High Dividend Fund (DEW) is 2.59%, while S&P 500 (^GSPC) has a volatility of 3.96%. 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.