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DLS vs. IJS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DLS vs. IJS

Last updated Aug 1, 2026
Documentation

DLS (WisdomTree International SmallCap Dividend) and IJS (iShares S&P SmallCap 600 Value ETF) are both exchange-traded funds - DLS is a Foreign Small & Mid Cap Equities fund tracking the WisdomTree International SmallCap Dividend Index, while IJS is a Small Cap Value Equities fund tracking the S&P SmallCap 600 Value Index. Both are passively managed. Over the past 10 years, DLS returned 7.86%/yr vs 10.17%/yr for IJS. Their 0.70 correlation means they have sometimes moved together and sometimes differently. DLS charges 0.58%/yr vs 0.25%/yr for IJS.

Performance

DLS vs. IJS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International SmallCap Dividend (DLS) and iShares S&P SmallCap 600 Value ETF (IJS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DLS achieves a 8.42% return, which is significantly lower than IJS's 20.25% return. Over the past 10 years, DLS has underperformed IJS with an annualized return of 7.86%, while IJS has yielded a comparatively higher 10.17% annualized return.

DLS

1D
-0.16%
1M
1.24%
6M
3.30%
YTD
8.42%
1Y
18.36%
3Y*
16.62%
5Y*
7.13%
10Y*
7.86%
ALL TIME*
6.44%

IJS

1D
0.09%
1M
0.38%
6M
12.92%
YTD
20.25%
1Y
39.43%
3Y*
12.47%
5Y*
7.91%
10Y*
10.17%
ALL TIME*
9.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

DLS

WisdomTree International SmallCap Dividend
$1.54M$1.48M$1.54M

IJS

iShares S&P SmallCap 600 Value ETF
$28.19M$29.28M$50.29M

DLS vs. IJS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DLS
WisdomTree International SmallCap Dividend		8.42%34.11%3.06%15.33%-17.31%11.71%-1.28%22.20%-18.95%31.83%
IJS
iShares S&P SmallCap 600 Value ETF		20.25%6.54%7.33%14.68%-11.34%30.53%2.63%24.11%-12.86%11.35%

Correlation

The correlation between DLS and IJS is 0.59, 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.

0.59

Correlation (3Y)
Balances recent behavior with more history.

0.64

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.67

Correlation (10Y)
Provides a long-term view across more market conditions.

0.65

Correlation (All Time)
Calculated using the full available price history since Jun 16, 2006

0.70

The correlation between DLS and IJS shifts across timeframes, from 0.59 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.

DLS vs. IJS - Sectors Allocation Comparison

Sectors
DLS
IJS

Industrials

28.0%
12.2%

Financial Services

13.8%
20.2%

Consumer Cyclical

12.9%
15.2%

Technology

9.1%
13.4%

Basic Materials

9.0%
6.2%

Consumer Defensive

7.7%
5.0%

Real Estate

7.4%
8.5%

Communication Services

4.2%
3.8%

Healthcare

3.6%
7.7%

Energy

2.4%
6.0%

Utilities

2.0%
2.0%

Industrials

DLS
28.0%
IJS
12.2%

Financial Services

DLS
13.8%
IJS
20.2%

Consumer Cyclical

DLS
12.9%
IJS
15.2%

Technology

DLS
9.1%
IJS
13.4%

Basic Materials

DLS
9.0%
IJS
6.2%

Consumer Defensive

DLS
7.7%
IJS
5.0%

Real Estate

DLS
7.4%
IJS
8.5%

Communication Services

DLS
4.2%
IJS
3.8%

Healthcare

DLS
3.6%
IJS
7.7%

Energy

DLS
2.4%
IJS
6.0%

Utilities

DLS
2.0%
IJS
2.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree International SmallCap Dividend

iShares S&P SmallCap 600 Value ETF

Often compared with DLS:
DLS vs. AVDVDLS vs. DDLSDLS vs. VSSDLS vs. DGSDLS vs. ISVLDLS vs. FNDCDLS vs. VEA
Often compared with IJS:
IJS vs. IJRIJS vs. AVUVIJS vs. VBRIJS vs. VIOVIJS vs. IWNIJS vs. VOOIJS vs. ISCV

Return for Risk

DLS vs. IJS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
DLS
DLS Risk / Return Rank: 5353
Overall Rank
DLS Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
DLS Sortino Ratio Rank: 5858
Sortino Ratio Rank
DLS Omega Ratio Rank: 5656
Omega Ratio Rank
DLS Calmar Ratio Rank: 4747
Calmar Ratio Rank
DLS Martin Ratio Rank: 4949
Martin Ratio Rank
IJS
IJS Risk / Return Rank: 8888
Overall Rank
IJS Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
IJS Sortino Ratio Rank: 8989
Sortino Ratio Rank
IJS Omega Ratio Rank: 8585
Omega Ratio Rank
IJS Calmar Ratio Rank: 9191
Calmar Ratio Rank
IJS Martin Ratio Rank: 8989
Martin Ratio Rank
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.

DLS vs. IJS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International SmallCap Dividend (DLS) and iShares S&P SmallCap 600 Value ETF (IJS). 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.

DLSIJSDifference
Sharpe ratioReturn per unit of total volatility
1.34
2.09

-0.75

Sortino ratioReturn per unit of downside risk
1.96
3.02

-1.06

Omega ratioGain probability vs. loss probability

1.25

1.37

-0.12

Calmar ratioReturn relative to maximum drawdown

1.69

3.99

-2.30

Martin ratioReturn relative to average drawdown

5.71

13.67

-7.96

DLS vs. IJS - Sharpe Ratio Comparison

The current DLS Sharpe Ratio is 1.34, which is lower than the IJS Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of DLS and IJS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DLS vs. IJS - Drawdown Comparison

The maximum DLS drawdown since its inception was -63.13%, which is greater than IJS's maximum drawdown of -60.11%. Use the drawdown chart below to compare losses from any high point for DLS and IJS.

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Drawdown Indicators

DLSIJSDifference

Max Drawdown

Largest peak-to-trough decline

-63.13%

-60.11%

-3.02%

Max Drawdown (1Y)

Largest decline over 1 year

-11.04%

-9.28%

-1.76%

Max Drawdown (3Y)

Largest decline over 3 years

-12.69%

-28.65%

+15.96%

Max Drawdown (5Y)

Largest decline over 5 years

-32.22%

-28.65%

-3.57%

Max Drawdown (10Y)

Largest decline over 10 years

-44.77%

-47.68%

+2.91%

Current Drawdown

Current decline from peak

-1.58%

-1.56%

-0.02%

Average Drawdown

Average peak-to-trough decline

-13.56%

-9.84%

-3.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.26%

2.70%

+0.56%

Volatility

DLS vs. IJS - Volatility Comparison

WisdomTree International SmallCap Dividend (DLS) has a higher volatility of 4.23% compared to iShares S&P SmallCap 600 Value ETF (IJS) at 3.53%. This indicates that DLS's price experiences larger fluctuations and is considered to be riskier than IJS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DLSIJSDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.23%

3.53%

+0.70%

Volatility (6M)

Calculated over the trailing 6-month period

11.84%

11.13%

+0.71%

Volatility (1Y)

Calculated over the trailing 1-year period

13.89%

17.74%

-3.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.63%

21.71%

-6.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.38%

23.54%

-7.16%

DLS vs. IJS - Expense Ratio Comparison

DLS has a 0.58% expense ratio, which is higher than IJS's 0.25% expense ratio.

Dividends

DLS vs. IJS - Dividend Comparison

DLS's dividend yield for the trailing twelve months is around 3.51%, more than IJS's 1.32% yield.

PositionTTM20252024202320222021202020192018201720162015
DLS
WisdomTree International SmallCap Dividend		3.51%3.87%4.56%4.29%4.96%3.29%2.50%3.37%3.66%2.79%3.29%2.72%
IJS
iShares S&P SmallCap 600 Value ETF		1.32%1.62%1.78%1.42%1.46%1.52%1.00%1.66%1.75%1.41%1.22%1.59%

Frequently Asked Questions

DLS and IJS have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DLS has higher volatility (4.23%) compared to IJS (3.53%). In terms of maximum drawdown, DLS dropped -63.13% vs IJS's -60.11%.

On 10-year performance, IJS leads with 10.17% vs 7.86% for DLS. On fees, IJS is cheaper at 0.25% per year. On volatility, IJS has been the lower-risk option at 3.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IJS has performed better with a 10.17% return vs 7.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IJS is cheaper with a 0.25% expense ratio, compared with 0.58% for DLS.

DLS has the higher dividend yield at 3.51%, compared with 1.32% for IJS.

DLS is categorized as Foreign Small & Mid Cap Equities, while IJS is Small Cap Value Equities. DLS tracks WisdomTree International SmallCap Dividend Index, while IJS tracks S&P SmallCap 600 Value Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.58% for DLS and 0.25% for IJS.

IJS currently has the higher Sharpe Ratio (2.09 vs 1.34), 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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