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DHS vs. ILCV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DHS vs. ILCV

Last updated Jun 4, 2026

DHS (WisdomTree US High Dividend Fund) and ILCV (iShares Morningstar Value ETF) are both Large Cap Value Equities funds - DHS tracks the WisdomTree U.S. High Dividend Index while ILCV tracks the Morningstar US Large-Mid Cap Broad Value Index. Both are passively managed. Over the past 10 years, DHS returned 9.47%/yr vs 11.68%/yr for ILCV. Their correlation of 0.89 suggests significant overlap in exposure. DHS charges 0.38%/yr vs 0.04%/yr for ILCV.

Performance

DHS vs. ILCV - Performance Comparison

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

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Returns By Period

In the year-to-date period, DHS achieves a 9.88% return, which is significantly higher than ILCV's 7.75% return. Over the past 10 years, DHS has underperformed ILCV with an annualized return of 9.47%, while ILCV has yielded a comparatively higher 11.68% annualized return.

DHS

1D
-0.67%
1M
-0.16%
YTD
9.88%
6M
10.38%
1Y
20.55%
3Y*
16.39%
5Y*
10.59%
10Y*
9.47%

ILCV

1D
-0.44%
1M
2.76%
YTD
7.75%
6M
7.41%
1Y
26.58%
3Y*
18.61%
5Y*
11.42%
10Y*
11.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DHS vs. ILCV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DHS
WisdomTree US High Dividend Fund		9.88%12.87%18.02%-0.19%7.97%23.20%-5.70%22.59%-7.41%11.69%
ILCV
iShares Morningstar Value ETF		7.75%18.79%17.03%14.43%-7.02%26.71%-0.84%25.19%-6.24%15.00%

Correlation

The correlation between DHS and ILCV is 0.70, 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

0.70

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

0.80

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

0.84

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

0.87

Correlation (All Time)
Calculated using the full available price history since Jun 19, 2006

0.89

The correlation between DHS and ILCV shifts across timeframes, from 0.70 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

DHS vs. ILCV - Sectors Allocation Comparison

Sectors
DHS
ILCV

Financial Services

22.3%
16.5%

Consumer Defensive

18.7%
7.6%

Healthcare

14.5%
11.5%

Energy

9.4%
6.0%

Communication Services

9.3%
8.0%

Utilities

9.0%
3.5%

Consumer Cyclical

5.0%
9.5%

Industrials

4.1%
8.8%

Technology

3.7%
23.8%

Real Estate

2.8%
2.0%

Basic Materials

1.2%
2.4%

Financial Services

DHS
22.3%
ILCV
16.5%

Consumer Defensive

DHS
18.7%
ILCV
7.6%

Healthcare

DHS
14.5%
ILCV
11.5%

Energy

DHS
9.4%
ILCV
6.0%

Communication Services

DHS
9.3%
ILCV
8.0%

Utilities

DHS
9.0%
ILCV
3.5%

Consumer Cyclical

DHS
5.0%
ILCV
9.5%

Industrials

DHS
4.1%
ILCV
8.8%

Technology

DHS
3.7%
ILCV
23.8%

Real Estate

DHS
2.8%
ILCV
2.0%

Basic Materials

DHS
1.2%
ILCV
2.4%

Compare stocks, funds, or ETFs

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WisdomTree US High Dividend Fund

iShares Morningstar Value ETF

Often compared with DHS:
DHS vs. SCHDDHS vs. SPHDDHS vs. DGRODHS vs. JEPIDHS vs. FDVVDHS vs. DTDDHS vs. SPY
Often compared with ILCV:
ILCV vs. VTVILCV vs. AVLVILCV vs. FIOOXILCV vs. SCHDILCV vs. HDVILCV vs. MGVILCV vs. SPY

Return for Risk

DHS vs. ILCV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DHS
DHS Risk / Return Rank: 6262
Overall Rank
DHS Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
DHS Sortino Ratio Rank: 6666
Sortino Ratio Rank
DHS Omega Ratio Rank: 5757
Omega Ratio Rank
DHS Calmar Ratio Rank: 6565
Calmar Ratio Rank
DHS Martin Ratio Rank: 6565
Martin Ratio Rank
ILCV
ILCV Risk / Return Rank: 8282
Overall Rank
ILCV Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
ILCV Sortino Ratio Rank: 8484
Sortino Ratio Rank
ILCV Omega Ratio Rank: 8181
Omega Ratio Rank
ILCV Calmar Ratio Rank: 7979
Calmar Ratio Rank
ILCV Martin Ratio Rank: 8383
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.

DHS vs. ILCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US High Dividend Fund (DHS) and iShares Morningstar Value ETF (ILCV). 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.

DHSILCVDifference
Sharpe ratioReturn per unit of total volatility
2.06
2.72

-0.66

Sortino ratioReturn per unit of downside risk
3.09
3.85

-0.76

Omega ratioGain probability vs. loss probability

1.35

1.50

-0.14

Calmar ratioReturn relative to maximum drawdown

3.28

4.08

-0.80

Martin ratioReturn relative to average drawdown

12.04

16.87

-4.83

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DHS vs. ILCV - Sharpe Ratio Comparison

The current DHS Sharpe Ratio is 2.06, which is comparable to the ILCV Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of DHS and ILCV, 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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Sharpe Ratios by Period

DHSILCVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.06

2.72

-0.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

0.81

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.70

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

0.46

-0.05

Drawdowns

DHS vs. ILCV - Drawdown Comparison

The maximum DHS drawdown since its inception was -67.25%, which is greater than ILCV's maximum drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for DHS and ILCV.

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Drawdown Indicators

DHSILCVDifference

Max Drawdown

Largest peak-to-trough decline

-67.25%

-58.63%

-8.62%

Max Drawdown (1Y)

Largest decline over 1 year

-6.30%

-6.55%

+0.25%

Max Drawdown (3Y)

Largest decline over 3 years

-11.87%

-14.95%

+3.08%

Max Drawdown (5Y)

Largest decline over 5 years

-15.28%

-18.58%

+3.30%

Max Drawdown (10Y)

Largest decline over 10 years

-37.35%

-35.53%

-1.82%

Current Drawdown

Current decline from peak

-2.60%

-0.60%

-2.00%

Average Drawdown

Average peak-to-trough decline

-9.55%

-9.32%

-0.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.71%

1.58%

+0.13%

Volatility

DHS vs. ILCV - Volatility Comparison

WisdomTree US High Dividend Fund (DHS) has a higher volatility of 2.88% compared to iShares Morningstar Value ETF (ILCV) at 2.01%. This indicates that DHS's price experiences larger fluctuations and is considered to be riskier than ILCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DHSILCVDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.88%

2.01%

+0.87%

Volatility (6M)

Calculated over the trailing 6-month period

7.32%

6.97%

+0.35%

Volatility (1Y)

Calculated over the trailing 1-year period

10.01%

9.82%

+0.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.89%

14.21%

-0.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.08%

16.66%

-0.58%

DHS vs. ILCV - Expense Ratio Comparison

DHS has a 0.38% expense ratio, which is higher than ILCV's 0.04% expense ratio.

Dividends

DHS vs. ILCV - Dividend Comparison

DHS's dividend yield for the trailing twelve months is around 3.35%, more than ILCV's 1.63% yield.

PositionTTM20252024202320222021202020192018201720162015
DHS
WisdomTree US High Dividend Fund		3.35%3.32%3.66%4.31%3.42%3.29%4.14%3.69%3.76%3.00%3.25%3.53%
ILCV
iShares Morningstar Value ETF		1.63%1.77%1.99%2.27%2.32%2.01%2.96%2.70%2.93%2.32%2.76%3.01%

Frequently Asked Questions

DHS and ILCV have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DHS has higher volatility (2.88%) compared to ILCV (2.01%). In terms of maximum drawdown, DHS dropped -67.25% vs ILCV's -58.63%.

On 10-year performance, ILCV leads with 11.68% vs 9.47% for DHS. On fees, ILCV is cheaper at 0.04% per year. On volatility, ILCV has been the lower-risk option at 2.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ILCV has performed better with a 11.68% return vs 9.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ILCV is cheaper with a 0.04% expense ratio, compared with 0.38% for DHS.

DHS has the higher dividend yield at 3.35%, compared with 1.63% for ILCV.

DHS tracks WisdomTree U.S. High Dividend Index, while ILCV tracks Morningstar US Large-Mid Cap Broad Value Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.38% for DHS and 0.04% for ILCV.

ILCV currently has the higher Sharpe Ratio (2.72 vs 2.06), 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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