DLN vs. DHS
DLN (WisdomTree U.S. LargeCap Dividend Fund) and DHS (WisdomTree US High Dividend Fund) are both Large Cap Value Equities funds from WisdomTree - DLN tracks the WisdomTree U.S. LargeCap Dividend Index while DHS tracks the WisdomTree U.S. High Dividend Index. Both are passively managed. Over the past 10 years, DLN returned 12.83%/yr vs 9.71%/yr for DHS. Their correlation of 0.92 suggests significant overlap in exposure. DLN charges 0.28%/yr vs 0.38%/yr for DHS.
Performance
DLN vs. DHS - Performance Comparison
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Returns By Period
In the year-to-date period, DLN achieves a 9.74% return, which is significantly lower than DHS's 12.48% return. Over the past 10 years, DLN has outperformed DHS with an annualized return of 12.83%, while DHS has yielded a comparatively lower 9.71% annualized return.
DLN
- 1D
- -0.19%
- 1M
- -0.14%
- YTD
- 9.74%
- 6M
- 8.74%
- 1Y
- 20.43%
- 3Y*
- 18.05%
- 5Y*
- 12.34%
- 10Y*
- 12.83%
DHS
- 1D
- -0.11%
- 1M
- -0.29%
- YTD
- 12.48%
- 6M
- 11.78%
- 1Y
- 21.95%
- 3Y*
- 17.53%
- 5Y*
- 11.61%
- 10Y*
- 9.71%
DLN vs. DHS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLN WisdomTree U.S. LargeCap Dividend Fund | 9.74% | 15.53% | 19.66% | 9.95% | -3.78% | 25.60% | 4.59% | 28.91% | -5.82% | 18.22% |
DHS WisdomTree US High Dividend Fund | 12.48% | 12.87% | 18.02% | -0.19% | 7.97% | 23.20% | -5.70% | 22.59% | -7.41% | 11.69% |
Correlation
The correlation between DLN and DHS is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2006 | 0.92 |
The correlation between DLN and DHS shifts across timeframes, from 0.77 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.
DLN vs. DHS - Sectors Allocation Comparison
Sectors
DLN
DHS
Technology
Financial Services
Healthcare
Consumer Defensive
Energy
Industrials
Communication Services
Utilities
Consumer Cyclical
Real Estate
Basic Materials
Technology
DLN
DHS
Financial Services
DLN
DHS
Healthcare
DLN
DHS
Consumer Defensive
DLN
DHS
Energy
DLN
DHS
Industrials
DLN
DHS
Communication Services
DLN
DHS
Utilities
DLN
DHS
Consumer Cyclical
DLN
DHS
Real Estate
DLN
DHS
Basic Materials
DLN
DHS
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Return for Risk
DLN vs. DHS — Risk / Return Rank
DLN
DHS
DLN vs. DHS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. LargeCap Dividend Fund (DLN) and WisdomTree US High Dividend Fund (DHS). 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.
| DLN | DHS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | 3.50 | -0.14 |
| Martin ratioReturn relative to average drawdown | 14.09 | 12.69 | +1.41 |
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Drawdowns
DLN vs. DHS - Drawdown Comparison
The maximum DLN drawdown since its inception was -57.84%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for DLN and DHS.
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Drawdown Indicators
| DLN | DHS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.84% | -67.25% | +9.41% |
Max Drawdown (1Y)Largest decline over 1 year | -6.10% | -6.30% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -13.71% | -11.87% | -1.84% |
Max Drawdown (5Y)Largest decline over 5 years | -16.26% | -15.28% | -0.98% |
Max Drawdown (10Y)Largest decline over 10 years | -35.82% | -37.35% | +1.53% |
Current DrawdownCurrent decline from peak | -1.31% | -1.30% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -7.50% | -9.53% | +2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 1.74% | -0.29% |
Volatility
DLN vs. DHS - Volatility Comparison
The current volatility for WisdomTree U.S. LargeCap Dividend Fund (DLN) is 2.70%, while WisdomTree US High Dividend Fund (DHS) has a volatility of 3.52%. This indicates that DLN experiences smaller price fluctuations and is considered to be less risky than DHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLN | DHS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 3.52% | -0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 6.99% | 7.52% | -0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.01% | 10.19% | -1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.26% | 13.88% | -0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.14% | 16.08% | +0.06% |
DLN vs. DHS - Expense Ratio Comparison
DLN has a 0.28% expense ratio, which is lower than DHS's 0.38% expense ratio.
Dividends
DLN vs. DHS - Dividend Comparison
DLN's dividend yield for the trailing twelve months is around 1.80%, less than DHS's 3.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHS WisdomTree US High Dividend Fund | 3.28% | 3.32% | 3.66% | 4.31% | 3.42% | 3.29% | 4.14% | 3.69% | 3.76% | 3.00% | 3.25% | 3.53% |
DLN WisdomTree U.S. LargeCap Dividend Fund | 1.80% | 1.90% | 2.00% | 2.43% | 2.53% | 2.01% | 2.66% | 2.51% | 2.90% | 2.33% | 2.64% | 2.80% |
Frequently Asked Questions
DLN and DHS have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHS has higher volatility (3.52%) compared to DLN (2.70%). In terms of maximum drawdown, DLN dropped -57.84% vs DHS's -67.25%.
On 10-year performance, DLN leads with 12.83% vs 9.71% for DHS. On fees, DLN is cheaper at 0.28% per year. On volatility, DLN has been the lower-risk option at 2.70%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DLN has performed better with a 12.83% return vs 9.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DLN is cheaper with a 0.28% expense ratio, compared with 0.38% for DHS.
DHS has the higher dividend yield at 3.28%, compared with 1.80% for DLN.
DLN tracks WisdomTree U.S. LargeCap Dividend Index, while DHS tracks WisdomTree U.S. High Dividend Index. Their fees differ too: 0.28% for DLN and 0.38% for DHS.
DLN currently has the higher Sharpe Ratio (2.28 vs 2.16), 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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