DHS vs. AVLV

Last updated Jul 15, 2026

DHS (WisdomTree US High Dividend Fund) and AVLV (Avantis U.S. Large Cap Value ETF) are both Large Cap Value Equities funds. DHS is passively managed, while AVLV is actively managed. Over the past 3 years, DHS returned 16.76%/yr vs 21.31%/yr for AVLV. A 0.77 correlation means they provide meaningful diversification when combined. DHS charges 0.38%/yr vs 0.15%/yr for AVLV.

Performance

DHS vs. AVLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree US High Dividend Fund (DHS) and Avantis U.S. Large Cap Value ETF (AVLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DHS achieves a 13.78% return, which is significantly lower than AVLV's 21.95% return.

DHS

• 1D: -1.03%
• 1M: -0.16%
• 6M: 11.26%
• YTD: 13.78%
• 1Y: 20.30%
• 3Y*: 16.76%
• 5Y*: 11.77%
• 10Y*: 9.20%

AVLV

• 1D: 0.11%
• 1M: 0.34%
• 6M: 17.08%
• YTD: 21.95%
• 1Y: 33.81%
• 3Y*: 21.31%
• 5Y*: —
• 10Y*: —

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

DHS vs. AVLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DHS WisdomTree US High Dividend Fund	13.78%	12.87%	18.02%	-0.19%	7.97%	7.55%
AVLV Avantis U.S. Large Cap Value ETF	21.95%	15.12%	17.49%	17.43%	-5.53%	6.27%

Correlation

The correlation between DHS and AVLV is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021	0.77

Over the past year, the correlation between DHS and AVLV has dropped to 0.54 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.

DHS vs. AVLV - Sectors Allocation Comparison

Sectors	DHS	AVLV
Financial Services	22.1%	16.3%
Consumer Defensive	18.5%	7.7%
Healthcare	14.9%	5.6%
Communication Services	9.0%	6.9%
Energy	8.8%	14.8%
Utilities	8.7%	0.3%
Consumer Cyclical	5.6%	14.1%
Industrials	4.2%	15.2%
Technology	4.1%	16.8%
Real Estate	2.9%	0.1%
Basic Materials	1.2%	2.2%

Return for Risk

DHS vs. AVLV — Risk / Return Rank

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

DHS

DHS Risk / Return Rank: 78
DHS Sharpe Ratio Rank: 79
DHS Sortino Ratio Rank: 83
DHS Omega Ratio Rank: 73
DHS Calmar Ratio Rank: 78
DHS Martin Ratio Rank: 78

AVLV

AVLV Risk / Return Rank: 94
AVLV Sharpe Ratio Rank: 94
AVLV Sortino Ratio Rank: 93
AVLV Omega Ratio Rank: 92
AVLV Calmar Ratio Rank: 94
AVLV Martin Ratio Rank: 94

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.

DHS vs. AVLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US High Dividend Fund (DHS) and Avantis U.S. Large Cap Value ETF (AVLV). 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.

	DHS	AVLV	Difference
Sharpe ratio: Return per unit of total volatility	2.00	2.72	-0.73
Sortino ratio: Return per unit of downside risk	2.97	3.79	-0.82
Omega ratio: Gain probability vs. loss probability	1.34	1.49	-0.15
Calmar ratio: Return relative to maximum drawdown	3.24	5.32	-2.08
Martin ratio: Return relative to average drawdown	11.76	21.08	-9.32

DHS vs. AVLV - Sharpe Ratio Comparison

The current DHS Sharpe Ratio is 2.00, which is comparable to the AVLV Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of DHS and AVLV, 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

DHS vs. AVLV - Drawdown Comparison

The maximum DHS drawdown since its inception was -67.25%, which is greater than AVLV's maximum drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for DHS and AVLV.

Drawdown Indicators

	DHS	AVLV	Difference
Max Drawdown Largest peak-to-trough decline	-67.25%	-19.50%	-47.75%
Max Drawdown (1Y) Largest decline over 1 year	-6.30%	-6.39%	+0.09%
Max Drawdown (3Y) Largest decline over 3 years	-11.87%	-19.50%	+7.63%
Max Drawdown (5Y) Largest decline over 5 years	-15.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.35%	—	—
Current Drawdown Current decline from peak	-1.42%	-0.17%	-1.25%
Average Drawdown Average peak-to-trough decline	-9.50%	-3.86%	-5.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	1.61%	+0.12%

Volatility

DHS vs. AVLV - Volatility Comparison

WisdomTree US High Dividend Fund (DHS) has a higher volatility of 3.41% compared to Avantis U.S. Large Cap Value ETF (AVLV) at 2.81%. This indicates that DHS's price experiences larger fluctuations and is considered to be riskier than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DHS	AVLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	2.81%	+0.60%
Volatility (6M) Calculated over the trailing 6-month period	7.61%	9.09%	-1.48%
Volatility (1Y) Calculated over the trailing 1-year period	10.20%	12.47%	-2.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.88%	17.24%	-3.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.07%	17.24%	-1.17%

DHS vs. AVLV - Expense Ratio Comparison

DHS has a 0.38% expense ratio, which is higher than AVLV's 0.15% expense ratio.

Dividends

DHS vs. AVLV - Dividend Comparison

DHS's dividend yield for the trailing twelve months is around 3.18%, more than AVLV's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVLV Avantis U.S. Large Cap Value ETF	1.06%	1.33%	1.58%	1.85%	2.00%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DHS WisdomTree US High Dividend Fund	3.18%	3.32%	3.66%	4.31%	3.42%	3.29%	4.14%	3.69%	3.76%	3.00%	3.25%	3.53%

Frequently Asked Questions

Can I hold both DHS and AVLV in my portfolio?

DHS and AVLV have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DHS or AVLV?

DHS has higher volatility (3.41%) compared to AVLV (2.81%). In terms of maximum drawdown, DHS dropped -67.25% vs AVLV's -19.50%.

Which ETF is better, DHS or AVLV?

On 3-year performance, AVLV leads with 21.31% vs 16.76% for DHS. On fees, AVLV is cheaper at 0.15% per year. On volatility, AVLV has been the lower-risk option at 2.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DHS or AVLV?

Over the 3-year period, AVLV has performed better with a 21.31% return vs 16.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DHS or AVLV?

AVLV is cheaper with a 0.15% expense ratio, compared with 0.38% for DHS.

Which ETF pays a higher dividend yield, DHS or AVLV?

DHS has the higher dividend yield at 3.18%, compared with 1.06% for AVLV.

What is the main difference between DHS and AVLV?

They also come from different issuers: WisdomTree and Avantis. Their fees differ too: 0.38% for DHS and 0.15% for AVLV.

Which has better risk-adjusted returns?

AVLV currently has the higher Sharpe Ratio (2.72 vs 2.00), 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.