DIM vs. PID

Last updated Aug 2, 2026

DIM (WisdomTree International MidCap Dividend Fund) and PID (Invesco International Dividend Achievers™ ETF) are both exchange-traded funds - DIM is a Foreign Large Cap Equities fund tracking the WisdomTree International MidCap Dividend Index, while PID is a Global Equities fund tracking the Nasdaq International Dividend Achievers (NR). Both are passively managed. Over the past 10 years, DIM returned 8.54%/yr vs 9.15%/yr for PID. Their correlation of 0.83 means they have usually moved in the same direction. DIM charges 0.58%/yr vs 0.56%/yr for PID.

Performance

DIM vs. PID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International MidCap Dividend Fund (DIM) and Invesco International Dividend Achievers™ ETF (PID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIM achieves a 11.14% return, which is significantly higher than PID's 8.06% return. Over the past 10 years, DIM has underperformed PID with an annualized return of 8.54%, while PID has yielded a comparatively higher 9.15% annualized return.

DIM

• 1D: -0.43%
• 1M: 2.21%
• 6M: 6.09%
• YTD: 11.14%
• 1Y: 21.63%
• 3Y*: 17.85%
• 5Y*: 9.22%
• 10Y*: 8.54%
• ALL TIME*: 6.35%

PID

• 1D: -0.89%
• 1M: 3.23%
• 6M: 4.55%
• YTD: 8.06%
• 1Y: 17.63%
• 3Y*: 12.62%
• 5Y*: 9.36%
• 10Y*: 9.15%
• ALL TIME*: 5.72%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DIM WisdomTree International MidCap Dividend Fund	$172.44K	$195.57K	$301.47K
PID Invesco International Dividend Achievers™ ETF	$1.28M	$1.81M	$1.50M

DIM vs. PID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIM WisdomTree International MidCap Dividend Fund	11.14%	37.25%	3.51%	15.00%	-14.09%	9.55%	-0.40%	19.85%	-15.32%	28.01%
PID Invesco International Dividend Achievers™ ETF	8.06%	24.45%	3.08%	14.28%	-6.48%	24.49%	-6.56%	25.87%	-11.46%	19.05%

Correlation

The correlation between DIM and PID is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (10Y) Provides a long-term view across more market conditions.	0.79
Correlation (All Time) Calculated using the full available price history since Jun 16, 2006	0.83

Over the past year, the correlation between DIM and PID has dropped to 0.60 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

DIM vs. PID - Sectors Allocation Comparison

Sectors	DIM	PID
Financial Services	25.8%	18.7%
Industrials	22.2%	8.1%
Consumer Cyclical	8.3%	6.5%
Real Estate	7.3%	0.5%
Utilities	7.1%	14.6%
Consumer Defensive	6.3%	7.1%
Basic Materials	5.4%	3.5%
Communication Services	5.1%	13.5%
Energy	4.6%	10.4%
Technology	4.3%	8.5%
Healthcare	3.7%	8.6%

Return for Risk

DIM vs. PID — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DIM

DIM Risk / Return Rank: 67
DIM Sharpe Ratio Rank: 71
DIM Sortino Ratio Rank: 71
DIM Omega Ratio Rank: 69
DIM Calmar Ratio Rank: 59
DIM Martin Ratio Rank: 62

PID

PID Risk / Return Rank: 74
PID Sharpe Ratio Rank: 79
PID Sortino Ratio Rank: 82
PID Omega Ratio Rank: 78
PID Calmar Ratio Rank: 68
PID Martin Ratio Rank: 62

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DIM vs. PID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International MidCap Dividend Fund (DIM) and Invesco International Dividend Achievers™ ETF (PID). 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.

	DIM	PID	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.80	-0.17
Sortino ratio: Return per unit of downside risk	2.31	2.65	-0.34
Omega ratio: Gain probability vs. loss probability	1.29	1.33	-0.04
Calmar ratio: Return relative to maximum drawdown	2.08	2.35	-0.26
Martin ratio: Return relative to average drawdown	7.56	7.45	+0.11

DIM vs. PID - Sharpe Ratio Comparison

The current DIM Sharpe Ratio is 1.63, which is comparable to the PID Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of DIM and PID, 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

DIM vs. PID - Drawdown Comparison

The maximum DIM drawdown since its inception was -61.45%, smaller than the maximum PID drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for DIM and PID.

Drawdown Indicators

	DIM	PID	Difference
Max Drawdown Largest peak-to-trough decline	-61.45%	-66.34%	+4.89%
Max Drawdown (1Y) Largest decline over 1 year	-10.56%	-7.47%	-3.09%
Max Drawdown (3Y) Largest decline over 3 years	-12.13%	-11.39%	-0.74%
Max Drawdown (5Y) Largest decline over 5 years	-30.71%	-22.97%	-7.74%
Max Drawdown (10Y) Largest decline over 10 years	-40.89%	-46.07%	+5.18%
Current Drawdown Current decline from peak	-0.43%	-1.08%	+0.65%
Average Drawdown Average peak-to-trough decline	-12.55%	-12.95%	+0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.35%	+0.56%

Volatility

DIM vs. PID - Volatility Comparison

WisdomTree International MidCap Dividend Fund (DIM) has a higher volatility of 3.95% compared to Invesco International Dividend Achievers™ ETF (PID) at 2.68%. This indicates that DIM's price experiences larger fluctuations and is considered to be riskier than PID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIM	PID	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	2.68%	+1.27%
Volatility (6M) Calculated over the trailing 6-month period	11.40%	7.84%	+3.56%
Volatility (1Y) Calculated over the trailing 1-year period	13.51%	9.75%	+3.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.47%	13.92%	+1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.53%	17.56%	-1.03%

DIM vs. PID - Expense Ratio Comparison

DIM has a 0.58% expense ratio, which is higher than PID's 0.56% expense ratio.

Dividends

DIM vs. PID - Dividend Comparison

DIM's dividend yield for the trailing twelve months is around 2.98%, less than PID's 3.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIM WisdomTree International MidCap Dividend Fund	2.98%	3.20%	3.58%	4.62%	3.96%	3.65%	2.53%	3.26%	3.28%	2.57%	2.94%	2.81%
PID Invesco International Dividend Achievers™ ETF	3.45%	3.28%	3.88%	3.31%	3.30%	3.30%	3.16%	3.99%	3.87%	3.46%	3.90%	4.48%

Frequently Asked Questions

Can I hold both DIM and PID in my portfolio?

DIM and PID have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIM or PID?

DIM has higher volatility (3.95%) compared to PID (2.68%). In terms of maximum drawdown, DIM dropped -61.45% vs PID's -66.34%.

Which ETF is better, DIM or PID?

On 10-year performance, PID leads with 9.15% vs 8.54% for DIM. On fees, PID is cheaper at 0.56% per year. On volatility, PID has been the lower-risk option at 2.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIM or PID?

Over the 10-year period, PID has performed better with a 9.15% return vs 8.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIM or PID?

PID is cheaper with a 0.56% expense ratio, compared with 0.58% for DIM.

Which ETF pays a higher dividend yield, DIM or PID?

PID has the higher dividend yield at 3.45%, compared with 2.98% for DIM.

What is the main difference between DIM and PID?

DIM is categorized as Foreign Large Cap Equities, while PID is Global Equities. DIM tracks WisdomTree International MidCap Dividend Index, while PID tracks Nasdaq International Dividend Achievers (NR). They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.58% for DIM and 0.56% for PID.

Which has better risk-adjusted returns?

PID currently has the higher Sharpe Ratio (1.80 vs 1.63), 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.