DLN vs. HHDVX

Last updated Jun 4, 2026

DLN (WisdomTree US LargeCap Dividend ETF) and HHDVX (Hamlin High Dividend Equity Fund) are both funds - DLN is a Large Cap Growth Equities fund tracking the WisdomTree LargeCap Dividend Index, while HHDVX is a Large Cap Value Equities fund managed by Hamlin Funds. Over the past 10 years, DLN returned 12.68%/yr vs 11.41%/yr for HHDVX. Their correlation of 0.90 suggests significant overlap in exposure. DLN charges 0.28%/yr vs 1.15%/yr for HHDVX.

Performance

DLN vs. HHDVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree US LargeCap Dividend ETF (DLN) and Hamlin High Dividend Equity Fund (HHDVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DLN achieves a 9.93% return, which is significantly higher than HHDVX's 8.96% return. Over the past 10 years, DLN has outperformed HHDVX with an annualized return of 12.68%, while HHDVX has yielded a comparatively lower 11.41% annualized return.

DLN

• 1D: -0.51%
• 1M: 2.93%
• YTD: 9.93%
• 6M: 9.96%
• 1Y: 22.38%
• 3Y*: 18.35%
• 5Y*: 12.22%
• 10Y*: 12.68%

HHDVX

• 1D: 1.06%
• 1M: 1.90%
• YTD: 8.96%
• 6M: 8.21%
• 1Y: 14.50%
• 3Y*: 17.41%
• 5Y*: 10.92%
• 10Y*: 11.41%

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

DLN vs. HHDVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DLN WisdomTree US LargeCap Dividend ETF	9.93%	15.53%	19.66%	9.95%	-3.78%	25.60%	4.59%	28.91%	-5.82%	18.22%
HHDVX Hamlin High Dividend Equity Fund	8.96%	7.83%	23.92%	13.34%	-4.85%	30.88%	4.39%	21.84%	-7.91%	13.55%

Correlation

The correlation between DLN and HHDVX is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Mar 30, 2012	0.90

The correlation between DLN and HHDVX has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.

Return for Risk

DLN vs. HHDVX — Risk / Return Rank

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

DLN

DLN Risk / Return Rank: 77
DLN Sharpe Ratio Rank: 76
DLN Sortino Ratio Rank: 80
DLN Omega Ratio Rank: 75
DLN Calmar Ratio Rank: 73
DLN Martin Ratio Rank: 79

HHDVX

HHDVX Risk / Return Rank: 27
HHDVX Sharpe Ratio Rank: 26
HHDVX Sortino Ratio Rank: 26
HHDVX Omega Ratio Rank: 24
HHDVX Calmar Ratio Rank: 31
HHDVX Martin Ratio Rank: 27

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.

DLN vs. HHDVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US LargeCap Dividend ETF (DLN) and Hamlin High Dividend Equity Fund (HHDVX). 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	HHDVX	Difference
Sharpe ratio: Return per unit of total volatility	2.53	1.47	+1.07
Sortino ratio: Return per unit of downside risk	3.64	2.14	+1.50
Omega ratio: Gain probability vs. loss probability	1.46	1.25	+0.20
Calmar ratio: Return relative to maximum drawdown	3.69	2.07	+1.62
Martin ratio: Return relative to average drawdown	15.59	6.59	+9.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DLN vs. HHDVX - Sharpe Ratio Comparison

The current DLN Sharpe Ratio is 2.53, which is higher than the HHDVX Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of DLN and HHDVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DLN	HHDVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	1.47	+1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	0.76	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	0.69	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.72	-0.19

Drawdowns

DLN vs. HHDVX - Drawdown Comparison

The maximum DLN drawdown since its inception was -57.84%, which is greater than HHDVX's maximum drawdown of -36.13%. Use the drawdown chart below to compare losses from any high point for DLN and HHDVX.

Drawdown Indicators

	DLN	HHDVX	Difference
Max Drawdown Largest peak-to-trough decline	-57.84%	-36.13%	-21.71%
Max Drawdown (1Y) Largest decline over 1 year	-6.10%	-7.28%	+1.18%
Max Drawdown (3Y) Largest decline over 3 years	-13.71%	-14.29%	+0.58%
Max Drawdown (5Y) Largest decline over 5 years	-16.26%	-16.67%	+0.41%
Max Drawdown (10Y) Largest decline over 10 years	-35.82%	-36.13%	+0.31%
Current Drawdown Current decline from peak	-0.51%	-0.89%	+0.38%
Average Drawdown Average peak-to-trough decline	-7.52%	-3.63%	-3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	2.28%	-0.84%

Volatility

DLN vs. HHDVX - Volatility Comparison

The current volatility for WisdomTree US LargeCap Dividend ETF (DLN) is 2.17%, while Hamlin High Dividend Equity Fund (HHDVX) has a volatility of 3.24%. This indicates that DLN experiences smaller price fluctuations and is considered to be less risky than HHDVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DLN	HHDVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.17%	3.24%	-1.07%
Volatility (6M) Calculated over the trailing 6-month period	6.77%	7.64%	-0.87%
Volatility (1Y) Calculated over the trailing 1-year period	8.87%	10.27%	-1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.26%	14.43%	-1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.16%	16.53%	-0.37%

DLN vs. HHDVX - Expense Ratio Comparison

DLN has a 0.28% expense ratio, which is lower than HHDVX's 1.15% expense ratio.

Dividends

DLN vs. HHDVX - Dividend Comparison

DLN's dividend yield for the trailing twelve months is around 1.79%, less than HHDVX's 3.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLN WisdomTree US LargeCap Dividend ETF	1.79%	1.90%	2.00%	2.43%	2.53%	2.01%	2.66%	2.51%	2.90%	2.33%	2.64%	2.80%
HHDVX Hamlin High Dividend Equity Fund	3.93%	4.28%	9.40%	1.84%	2.88%	4.11%	2.99%	2.52%	8.93%	1.76%	2.36%	2.57%

Frequently Asked Questions

Can I hold both DLN and HHDVX in my portfolio?

DLN and HHDVX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DLN or HHDVX?

HHDVX has higher volatility (3.24%) compared to DLN (2.17%). In terms of maximum drawdown, DLN dropped -57.84% vs HHDVX's -36.13%.

Which has better risk-adjusted returns?

DLN currently has the higher Sharpe Ratio (2.53 vs 1.47), 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.