DLN vs. DON
Compare and contrast key facts about WisdomTree US LargeCap Dividend ETF (DLN) and WisdomTree US MidCap Dividend ETF (DON).
DLN and DON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DLN is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree LargeCap Dividend Index. It was launched on Jun 16, 2006. DON is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree MidCap Dividend Index. It was launched on Jun 16, 2006. Both DLN and DON 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
DLN vs. DON - Performance Comparison
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DLN vs. DON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLN WisdomTree US LargeCap Dividend ETF | 1.84% | 15.53% | 19.66% | 9.95% | -3.78% | 25.60% | 4.59% | 28.91% | -5.82% | 18.22% |
DON WisdomTree US MidCap Dividend ETF | 2.25% | 3.86% | 14.20% | 14.04% | -4.72% | 30.29% | -5.40% | 23.31% | -8.26% | 14.86% |
Returns By Period
In the year-to-date period, DLN achieves a 1.84% return, which is significantly lower than DON's 2.25% return. Over the past 10 years, DLN has outperformed DON with an annualized return of 12.01%, while DON has yielded a comparatively lower 8.98% annualized return.
DLN
- 1D
- 1.95%
- 1M
- -3.99%
- YTD
- 1.84%
- 6M
- 3.62%
- 1Y
- 14.82%
- 3Y*
- 15.51%
- 5Y*
- 11.68%
- 10Y*
- 12.01%
DON
- 1D
- 1.78%
- 1M
- -5.15%
- YTD
- 2.25%
- 6M
- 1.70%
- 1Y
- 8.75%
- 3Y*
- 11.36%
- 5Y*
- 7.79%
- 10Y*
- 8.98%
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DLN vs. DON - Expense Ratio Comparison
DLN has a 0.28% expense ratio, which is lower than DON's 0.38% expense ratio.
Return for Risk
DLN vs. DON — Risk / Return Rank
DLN
DON
DLN vs. DON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree US LargeCap Dividend ETF (DLN) and WisdomTree US MidCap Dividend ETF (DON). 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.
| DLN | DON | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.48 | +0.58 |
Sortino ratioReturn per unit of downside risk | 1.52 | 0.81 | +0.72 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.11 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 0.69 | +0.76 |
Martin ratioReturn relative to average drawdown | 7.13 | 2.61 | +4.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DLN | DON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.48 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.44 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.44 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.41 | +0.10 |
Correlation
The correlation between DLN and DON is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DLN vs. DON - Dividend Comparison
DLN's dividend yield for the trailing twelve months is around 1.91%, less than DON's 2.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLN WisdomTree US LargeCap Dividend ETF | 1.91% | 1.90% | 2.00% | 2.43% | 2.53% | 2.01% | 2.66% | 2.51% | 2.90% | 2.33% | 2.64% | 2.80% |
DON WisdomTree US MidCap Dividend ETF | 2.41% | 2.53% | 2.27% | 2.41% | 2.71% | 2.12% | 2.77% | 2.38% | 2.55% | 2.25% | 2.48% | 2.89% |
Drawdowns
DLN vs. DON - Drawdown Comparison
The maximum DLN drawdown since its inception was -57.84%, smaller than the maximum DON drawdown of -61.94%. Use the drawdown chart below to compare losses from any high point for DLN and DON.
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Drawdown Indicators
| DLN | DON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.84% | -61.94% | +4.10% |
Max Drawdown (1Y)Largest decline over 1 year | -11.08% | -13.82% | +2.74% |
Max Drawdown (5Y)Largest decline over 5 years | -16.26% | -21.46% | +5.20% |
Max Drawdown (10Y)Largest decline over 10 years | -35.82% | -46.80% | +10.98% |
Current DrawdownCurrent decline from peak | -4.27% | -6.50% | +2.23% |
Average DrawdownAverage peak-to-trough decline | -7.58% | -7.95% | +0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | 3.66% | -1.41% |
Volatility
DLN vs. DON - Volatility Comparison
The current volatility for WisdomTree US LargeCap Dividend ETF (DLN) is 3.80%, while WisdomTree US MidCap Dividend ETF (DON) has a volatility of 4.16%. This indicates that DLN experiences smaller price fluctuations and is considered to be less risky than DON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLN | DON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.80% | 4.16% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 6.89% | 9.55% | -2.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.14% | 18.43% | -4.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.29% | 17.86% | -4.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.17% | 20.26% | -4.09% |