DLS vs. DGS
Compare and contrast key facts about WisdomTree International SmallCap Dividend (DLS) and WisdomTree Emerging Markets SmallCap Divdend Fund (DGS).
DLS and DGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DLS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International SmallCap Dividend Index. It was launched on Jun 16, 2006. DGS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets SmallCap Dividend Index. It was launched on Oct 30, 2007. Both DLS and DGS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DLS or DGS.
Key characteristics
| DLS | DGS | |
|---|---|---|
| YTD Return | 0.69% | 1.72% |
| 1Y Return | 7.26% | 15.70% |
| 3Y Return (Ann) | -1.15% | 2.75% |
| 5Y Return (Ann) | 2.95% | 5.76% |
| 10Y Return (Ann) | 3.46% | 4.71% |
| Sharpe Ratio | 0.66 | 1.37 |
| Daily Std Dev | 13.34% | 12.46% |
| Max Drawdown | -63.09% | -61.83% |
| Current Drawdown | -9.36% | -2.16% |
Correlation
The correlation between DLS and DGS is 0.79, 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.
Performance
DLS vs. DGS - Performance Comparison
In the year-to-date period, DLS achieves a 0.69% return, which is significantly lower than DGS's 1.72% return. Over the past 10 years, DLS has underperformed DGS with an annualized return of 3.46%, while DGS has yielded a comparatively higher 4.71% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DLS vs. DGS - Expense Ratio Comparison
DLS has a 0.58% expense ratio, which is lower than DGS's 0.63% expense ratio.
Risk-Adjusted Performance
DLS vs. DGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree International SmallCap Dividend (DLS) and WisdomTree Emerging Markets SmallCap Divdend Fund (DGS). 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.
Dividends
DLS vs. DGS - Dividend Comparison
DLS's dividend yield for the trailing twelve months is around 4.03%, less than DGS's 4.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLS WisdomTree International SmallCap Dividend | 4.03% | 4.29% | 4.96% | 3.29% | 2.50% | 3.37% | 3.66% | 2.79% | 3.29% | 2.72% | 3.61% | 3.89% |
DGS WisdomTree Emerging Markets SmallCap Divdend Fund | 4.35% | 4.55% | 5.34% | 3.98% | 3.69% | 3.95% | 4.24% | 2.81% | 3.42% | 3.28% | 3.20% | 3.45% |
Drawdowns
DLS vs. DGS - Drawdown Comparison
The maximum DLS drawdown since its inception was -63.09%, roughly equal to the maximum DGS drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for DLS and DGS. For additional features, visit the drawdowns tool.
Volatility
DLS vs. DGS - Volatility Comparison
WisdomTree International SmallCap Dividend (DLS) has a higher volatility of 3.70% compared to WisdomTree Emerging Markets SmallCap Divdend Fund (DGS) at 3.39%. This indicates that DLS's price experiences larger fluctuations and is considered to be riskier than DGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.