DIM vs. FDL

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree International MidCap Dividend Fund (DIM) and First Trust Morningstar Dividend Leaders Index Fund (FDL).

DIM and FDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International MidCap Dividend Index. It was launched on Jun 16, 2006. FDL is a passively managed fund by First Trust that tracks the performance of the Morningstar Dividend Leaders Index. It was launched on Mar 9, 2006. Both DIM and FDL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DIM vs. FDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International MidCap Dividend Fund (DIM) and First Trust Morningstar Dividend Leaders Index Fund (FDL). The values are adjusted to include any dividend payments, if applicable.

DIM vs. FDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIM WisdomTree International MidCap Dividend Fund	2.90%	37.25%	3.51%	15.00%	-14.09%	9.55%	-0.40%	19.85%	-15.32%	28.01%
FDL First Trust Morningstar Dividend Leaders Index Fund	15.49%	14.79%	17.98%	2.94%	6.66%	26.10%	-4.30%	24.41%	-5.99%	12.02%

Returns By Period

In the year-to-date period, DIM achieves a 2.90% return, which is significantly lower than FDL's 15.49% return. Over the past 10 years, DIM has underperformed FDL with an annualized return of 7.77%, while FDL has yielded a comparatively higher 11.60% annualized return.

DIM

• 1D: 2.85%
• 1M: -7.13%
• YTD: 2.90%
• 6M: 7.82%
• 1Y: 29.23%
• 3Y*: 16.54%
• 5Y*: 8.18%
• 10Y*: 7.77%

FDL

• 1D: 0.43%
• 1M: 0.01%
• YTD: 15.49%
• 6M: 19.42%
• 1Y: 21.84%
• 3Y*: 18.00%
• 5Y*: 14.12%
• 10Y*: 11.60%

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

DIM vs. FDL - Expense Ratio Comparison

DIM has a 0.58% expense ratio, which is higher than FDL's 0.45% expense ratio.

DIM

WisdomTree International MidCap Dividend Fund

FDL

First Trust Morningstar Dividend Leaders Index Fund

Return for Risk

DIM vs. FDL — Risk / Return Rank

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

DIM

DIM Risk / Return Rank: 88
DIM Sharpe Ratio Rank: 88
DIM Sortino Ratio Rank: 90
DIM Omega Ratio Rank: 91
DIM Calmar Ratio Rank: 86
DIM Martin Ratio Rank: 87

FDL

FDL Risk / Return Rank: 79
FDL Sharpe Ratio Rank: 81
FDL Sortino Ratio Rank: 82
FDL Omega Ratio Rank: 79
FDL Calmar Ratio Rank: 77
FDL Martin Ratio Rank: 76

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.

DIM vs. FDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International MidCap Dividend Fund (DIM) and First Trust Morningstar Dividend Leaders Index Fund (FDL). 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.

	DIM	FDL	Difference
Sharpe ratio Return per unit of total volatility	1.87	1.47	+0.39
Sortino ratio Return per unit of downside risk	2.55	2.06	+0.49
Omega ratio Gain probability vs. loss probability	1.39	1.29	+0.10
Calmar ratio Return relative to maximum drawdown	2.67	1.96	+0.70
Martin ratio Return relative to average drawdown	10.47	7.63	+2.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIM vs. FDL - Sharpe Ratio Comparison

The current DIM Sharpe Ratio is 1.87, which is comparable to the FDL Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of DIM and FDL, 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

	DIM	FDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	1.47	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.99	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.68	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.46	-0.17

Correlation

The correlation between DIM and FDL is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DIM vs. FDL - Dividend Comparison

DIM's dividend yield for the trailing twelve months is around 2.96%, less than FDL's 3.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIM WisdomTree International MidCap Dividend Fund	2.96%	3.20%	3.58%	4.62%	3.96%	3.65%	2.53%	3.26%	3.28%	2.57%	2.94%	2.81%
FDL First Trust Morningstar Dividend Leaders Index Fund	3.61%	4.04%	4.96%	4.58%	3.58%	4.59%	4.48%	3.75%	3.97%	3.18%	2.93%	3.65%

Drawdowns

DIM vs. FDL - Drawdown Comparison

The maximum DIM drawdown since its inception was -61.45%, smaller than the maximum FDL drawdown of -65.93%. Use the drawdown chart below to compare losses from any high point for DIM and FDL.

Drawdown Indicators

	DIM	FDL	Difference
Max Drawdown Largest peak-to-trough decline	-61.45%	-65.93%	+4.48%
Max Drawdown (1Y) Largest decline over 1 year	-10.56%	-11.58%	+1.02%
Max Drawdown (5Y) Largest decline over 5 years	-30.71%	-16.46%	-14.25%
Max Drawdown (10Y) Largest decline over 10 years	-40.89%	-41.40%	+0.51%
Current Drawdown Current decline from peak	-7.25%	-0.10%	-7.15%
Average Drawdown Average peak-to-trough decline	-12.72%	-9.73%	-2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	3.10%	-0.41%

Volatility

DIM vs. FDL - Volatility Comparison

WisdomTree International MidCap Dividend Fund (DIM) has a higher volatility of 6.60% compared to First Trust Morningstar Dividend Leaders Index Fund (FDL) at 2.56%. This indicates that DIM's price experiences larger fluctuations and is considered to be riskier than FDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIM	FDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	2.56%	+4.04%
Volatility (6M) Calculated over the trailing 6-month period	9.75%	8.16%	+1.59%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	14.96%	+0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.34%	14.31%	+1.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.89%	17.09%	-0.20%