DTD vs. ILCV

Last updated Jun 4, 2026

DTD (WisdomTree U.S. Total Dividend Fund) and ILCV (iShares Morningstar Value ETF) are both Large Cap Value Equities funds - DTD tracks the WisdomTree U.S. Dividend Index while ILCV tracks the Morningstar US Large-Mid Cap Broad Value Index. Both are passively managed. Over the past 10 years, DTD returned 12.18%/yr vs 11.68%/yr for ILCV. Their correlation of 0.93 suggests significant overlap in exposure. DTD charges 0.28%/yr vs 0.04%/yr for ILCV.

Performance

DTD vs. ILCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Total Dividend Fund (DTD) and iShares Morningstar Value ETF (ILCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DTD achieves a 10.02% return, which is significantly higher than ILCV's 7.75% return. Both investments have delivered pretty close results over the past 10 years, with DTD having a 12.18% annualized return and ILCV not far behind at 11.68%.

DTD

• 1D: -0.48%
• 1M: 2.79%
• YTD: 10.02%
• 6M: 9.93%
• 1Y: 21.95%
• 3Y*: 17.94%
• 5Y*: 11.75%
• 10Y*: 12.18%

ILCV

• 1D: -0.44%
• 1M: 2.76%
• YTD: 7.75%
• 6M: 7.41%
• 1Y: 26.58%
• 3Y*: 18.61%
• 5Y*: 11.42%
• 10Y*: 11.68%

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

DTD vs. ILCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DTD WisdomTree U.S. Total Dividend Fund	10.02%	14.25%	18.56%	10.63%	-3.83%	26.26%	2.45%	28.19%	-6.47%	17.35%
ILCV iShares Morningstar Value ETF	7.75%	18.79%	17.03%	14.43%	-7.02%	26.71%	-0.84%	25.19%	-6.24%	15.00%

Correlation

The correlation between DTD and ILCV is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jun 19, 2006	0.93

The correlation between DTD and ILCV has been stable across timeframes, ranging from 0.91 to 0.97 - a consistent structural relationship.

DTD vs. ILCV - Sectors Allocation Comparison

Sectors	DTD	ILCV
Financial Services	18.8%	16.5%
Technology	18.5%	23.8%
Healthcare	11.5%	11.5%
Consumer Defensive	8.7%	7.6%
Industrials	8.6%	8.8%
Energy	8.4%	6.0%
Communication Services	7.4%	8.0%
Utilities	5.9%	3.5%
Consumer Cyclical	5.6%	9.5%
Real Estate	5.2%	2.0%
Basic Materials	1.5%	2.4%

Return for Risk

DTD vs. ILCV — Risk / Return Rank

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

DTD

DTD Risk / Return Rank: 72
DTD Sharpe Ratio Rank: 71
DTD Sortino Ratio Rank: 74
DTD Omega Ratio Rank: 71
DTD Calmar Ratio Rank: 70
DTD Martin Ratio Rank: 75

ILCV

ILCV Risk / Return Rank: 82
ILCV Sharpe Ratio Rank: 82
ILCV Sortino Ratio Rank: 84
ILCV Omega Ratio Rank: 81
ILCV Calmar Ratio Rank: 79
ILCV Martin Ratio Rank: 83

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.

DTD vs. ILCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Total Dividend Fund (DTD) and iShares Morningstar Value ETF (ILCV). 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.

	DTD	ILCV	Difference
Sharpe ratio: Return per unit of total volatility	2.37	2.72	-0.35
Sortino ratio: Return per unit of downside risk	3.38	3.85	-0.46
Omega ratio: Gain probability vs. loss probability	1.43	1.50	-0.06
Calmar ratio: Return relative to maximum drawdown	3.50	4.08	-0.58
Martin ratio: Return relative to average drawdown	14.51	16.87	-2.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DTD vs. ILCV - Sharpe Ratio Comparison

The current DTD Sharpe Ratio is 2.37, which is comparable to the ILCV Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of DTD and ILCV, 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

	DTD	ILCV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.72	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.81	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.70	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.46	+0.07

Drawdowns

DTD vs. ILCV - Drawdown Comparison

The maximum DTD drawdown since its inception was -58.19%, roughly equal to the maximum ILCV drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for DTD and ILCV.

Drawdown Indicators

	DTD	ILCV	Difference
Max Drawdown Largest peak-to-trough decline	-58.19%	-58.63%	+0.44%
Max Drawdown (1Y) Largest decline over 1 year	-6.30%	-6.55%	+0.25%
Max Drawdown (3Y) Largest decline over 3 years	-14.41%	-14.95%	+0.54%
Max Drawdown (5Y) Largest decline over 5 years	-16.14%	-18.58%	+2.44%
Max Drawdown (10Y) Largest decline over 10 years	-37.29%	-35.53%	-1.76%
Current Drawdown Current decline from peak	-0.48%	-0.60%	+0.12%
Average Drawdown Average peak-to-trough decline	-7.34%	-9.32%	+1.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	1.58%	-0.06%

Volatility

DTD vs. ILCV - Volatility Comparison

WisdomTree U.S. Total Dividend Fund (DTD) has a higher volatility of 2.13% compared to iShares Morningstar Value ETF (ILCV) at 2.01%. This indicates that DTD's price experiences larger fluctuations and is considered to be riskier than ILCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DTD	ILCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.13%	2.01%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	6.98%	6.97%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	9.29%	9.82%	-0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.57%	14.21%	-0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.21%	16.66%	-0.45%

DTD vs. ILCV - Expense Ratio Comparison

DTD has a 0.28% expense ratio, which is higher than ILCV's 0.04% expense ratio.

Dividends

DTD vs. ILCV - Dividend Comparison

DTD's dividend yield for the trailing twelve months is around 1.87%, more than ILCV's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTD WisdomTree U.S. Total Dividend Fund	1.87%	1.99%	2.07%	2.43%	2.62%	2.04%	2.73%	2.50%	2.93%	2.36%	2.66%	2.81%
ILCV iShares Morningstar Value ETF	1.63%	1.77%	1.99%	2.27%	2.32%	2.01%	2.96%	2.70%	2.93%	2.32%	2.76%	3.01%

Frequently Asked Questions

Can I hold both DTD and ILCV in my portfolio?

With a correlation of 0.91, DTD and ILCV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DTD or ILCV?

DTD has higher volatility (2.13%) compared to ILCV (2.01%). In terms of maximum drawdown, DTD dropped -58.19% vs ILCV's -58.63%.

Which ETF is better, DTD or ILCV?

On 10-year performance, DTD leads with 12.18% vs 11.68% for ILCV. On fees, ILCV is cheaper at 0.04% per year. On volatility, ILCV has been the lower-risk option at 2.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DTD or ILCV?

Over the 10-year period, DTD has performed better with a 12.18% return vs 11.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DTD or ILCV?

ILCV is cheaper with a 0.04% expense ratio, compared with 0.28% for DTD.

Which ETF pays a higher dividend yield, DTD or ILCV?

DTD has the higher dividend yield at 1.87%, compared with 1.63% for ILCV.

What is the main difference between DTD and ILCV?

DTD tracks WisdomTree U.S. Dividend Index, while ILCV tracks Morningstar US Large-Mid Cap Broad Value Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.28% for DTD and 0.04% for ILCV.

Which has better risk-adjusted returns?

ILCV currently has the higher Sharpe Ratio (2.72 vs 2.37), 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.