DLS vs. VYM
Compare and contrast key facts about WisdomTree International SmallCap Dividend (DLS) and Vanguard High Dividend Yield ETF (VYM).
DLS and VYM 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. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006. Both DLS and VYM 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 VYM.
Key characteristics
DLS | VYM | |
---|---|---|
YTD Return | 3.16% | 8.61% |
1Y Return | 14.58% | 20.91% |
3Y Return (Ann) | 0.65% | 9.11% |
5Y Return (Ann) | 3.92% | 10.55% |
10Y Return (Ann) | 3.71% | 10.18% |
Sharpe Ratio | 1.08 | 1.96 |
Daily Std Dev | 13.30% | 10.83% |
Max Drawdown | -63.09% | -56.98% |
Current Drawdown | -7.13% | 0.00% |
Correlation
The correlation between DLS and VYM is 0.76, 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. VYM - Performance Comparison
In the year-to-date period, DLS achieves a 3.16% return, which is significantly lower than VYM's 8.61% return. Over the past 10 years, DLS has underperformed VYM with an annualized return of 3.71%, while VYM has yielded a comparatively higher 10.18% 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. VYM - Expense Ratio Comparison
Risk-Adjusted Performance
DLS vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree International SmallCap Dividend (DLS) and Vanguard High Dividend Yield ETF (VYM). 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
WisdomTree International SmallCap Dividend | 1.08 | ||||
Vanguard High Dividend Yield ETF | 1.96 |
Dividends
DLS vs. VYM - Dividend Comparison
DLS's dividend yield for the trailing twelve months is around 3.93%, more than VYM's 2.83% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
WisdomTree International SmallCap Dividend | 3.93% | 4.29% | 4.96% | 3.29% | 2.50% | 3.37% | 3.66% | 2.79% | 3.29% | 2.72% | 3.61% | 3.89% |
Vanguard High Dividend Yield ETF | 2.83% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% | 2.81% |
Drawdowns
DLS vs. VYM - Drawdown Comparison
The maximum DLS drawdown since its inception was -63.09%, which is greater than VYM's maximum drawdown of -56.98%. The drawdown chart below compares losses from any high point along the way for DLS and VYM
Volatility
DLS vs. VYM - Volatility Comparison
WisdomTree International SmallCap Dividend (DLS) has a higher volatility of 3.00% compared to Vanguard High Dividend Yield ETF (VYM) at 2.32%. This indicates that DLS's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.