DTH vs. PID

Last updated Jun 24, 2026

DTH (WisdomTree International High Dividend Fund) and PID (Invesco International Dividend Achievers™ ETF) are both exchange-traded funds - DTH is a Foreign Large Cap Equities fund tracking the WisdomTree International High Dividend Index, while PID is a Global Equities fund tracking the Nasdaq International Dividend Achievers (NR). Both are passively managed. Over the past 10 years, DTH returned 9.46%/yr vs 8.94%/yr for PID. Their correlation of 0.85 suggests significant overlap in exposure. DTH charges 0.58%/yr vs 0.56%/yr for PID.

Performance

DTH vs. PID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International High Dividend Fund (DTH) and Invesco International Dividend Achievers™ ETF (PID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DTH achieves a 7.05% return, which is significantly higher than PID's 3.12% return. Over the past 10 years, DTH has outperformed PID with an annualized return of 9.46%, while PID has yielded a comparatively lower 8.94% annualized return.

DTH

• 1D: -1.53%
• 1M: -2.36%
• YTD: 7.05%
• 6M: 7.40%
• 1Y: 23.65%
• 3Y*: 19.63%
• 5Y*: 11.75%
• 10Y*: 9.46%

PID

• 1D: 0.32%
• 1M: -2.75%
• YTD: 3.12%
• 6M: 3.17%
• 1Y: 14.07%
• 3Y*: 12.22%
• 5Y*: 8.28%
• 10Y*: 8.94%

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

DTH vs. PID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DTH WisdomTree International High Dividend Fund	7.05%	42.37%	2.31%	15.03%	-1.74%	8.30%	-7.05%	18.43%	-12.85%	21.10%
PID Invesco International Dividend Achievers™ ETF	3.12%	24.45%	3.08%	14.28%	-6.48%	24.49%	-6.56%	25.87%	-11.46%	19.05%

Correlation

The correlation between DTH and PID is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jun 16, 2006	0.85

The correlation between DTH and PID shifts across timeframes, from 0.72 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

DTH vs. PID - Sectors Allocation Comparison

Sectors	DTH	PID
Financial Services	21.1%	17.5%
Industrials	13.0%	7.5%
Utilities	10.7%	15.1%
Energy	9.0%	12.5%
Consumer Defensive	8.1%	6.2%
Basic Materials	7.9%	3.3%
Communication Services	7.0%	13.7%
Real Estate	5.2%	0.4%
Consumer Cyclical	5.0%	6.2%
Healthcare	3.4%	8.6%
Technology	1.3%	9.1%

Return for Risk

DTH vs. PID — Risk / Return Rank

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

DTH

DTH Risk / Return Rank: 56
DTH Sharpe Ratio Rank: 57
DTH Sortino Ratio Rank: 56
DTH Omega Ratio Rank: 56
DTH Calmar Ratio Rank: 56
DTH Martin Ratio Rank: 56

PID

PID Risk / Return Rank: 42
PID Sharpe Ratio Rank: 43
PID Sortino Ratio Rank: 45
PID Omega Ratio Rank: 41
PID Calmar Ratio Rank: 40
PID Martin Ratio Rank: 41

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.

DTH vs. PID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International High Dividend Fund (DTH) and Invesco International Dividend Achievers™ ETF (PID). 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.

	DTH	PID	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.44	+0.38
Sortino ratio: Return per unit of downside risk	2.52	2.13	+0.39
Omega ratio: Gain probability vs. loss probability	1.32	1.26	+0.07
Calmar ratio: Return relative to maximum drawdown	2.60	1.89	+0.71
Martin ratio: Return relative to average drawdown	9.26	6.22	+3.04

DTH vs. PID - Sharpe Ratio Comparison

The current DTH Sharpe Ratio is 1.82, which is comparable to the PID Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of DTH and PID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DTH vs. PID - Drawdown Comparison

The maximum DTH drawdown since its inception was -64.20%, roughly equal to the maximum PID drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for DTH and PID.

Drawdown Indicators

	DTH	PID	Difference
Max Drawdown Largest peak-to-trough decline	-64.20%	-66.34%	+2.14%
Max Drawdown (1Y) Largest decline over 1 year	-9.14%	-7.47%	-1.67%
Max Drawdown (3Y) Largest decline over 3 years	-12.23%	-13.34%	+1.11%
Max Drawdown (5Y) Largest decline over 5 years	-23.40%	-22.97%	-0.43%
Max Drawdown (10Y) Largest decline over 10 years	-40.75%	-46.07%	+5.32%
Current Drawdown Current decline from peak	-4.06%	-4.35%	+0.29%
Average Drawdown Average peak-to-trough decline	-15.13%	-13.01%	-2.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	2.27%	+0.29%

Volatility

DTH vs. PID - Volatility Comparison

WisdomTree International High Dividend Fund (DTH) has a higher volatility of 4.13% compared to Invesco International Dividend Achievers™ ETF (PID) at 2.68%. This indicates that DTH's price experiences larger fluctuations and is considered to be riskier than PID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DTH	PID	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	2.68%	+1.45%
Volatility (6M) Calculated over the trailing 6-month period	10.96%	7.86%	+3.10%
Volatility (1Y) Calculated over the trailing 1-year period	13.08%	9.83%	+3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.21%	13.96%	+1.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.73%	17.67%	-0.94%

DTH vs. PID - Expense Ratio Comparison

DTH has a 0.58% expense ratio, which is higher than PID's 0.56% expense ratio.

Dividends

DTH vs. PID - Dividend Comparison

DTH's dividend yield for the trailing twelve months is around 3.47%, less than PID's 3.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTH WisdomTree International High Dividend Fund	3.47%	3.80%	5.41%	5.63%	5.70%	4.72%	3.75%	4.27%	4.62%	3.72%	4.14%	4.38%
PID Invesco International Dividend Achievers™ ETF	3.61%	3.28%	3.88%	3.31%	3.30%	3.30%	3.16%	3.99%	3.87%	3.46%	3.90%	4.48%

Frequently Asked Questions

Can I hold both DTH and PID in my portfolio?

DTH and PID have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DTH or PID?

DTH has higher volatility (4.13%) compared to PID (2.68%). In terms of maximum drawdown, DTH dropped -64.20% vs PID's -66.34%.

Which ETF is better, DTH or PID?

On 10-year performance, DTH leads with 9.46% vs 8.94% for PID. On fees, PID is cheaper at 0.56% per year. On volatility, PID has been the lower-risk option at 2.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DTH or PID?

Over the 10-year period, DTH has performed better with a 9.46% return vs 8.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DTH or PID?

PID is cheaper with a 0.56% expense ratio, compared with 0.58% for DTH.

Which ETF pays a higher dividend yield, DTH or PID?

PID has the higher dividend yield at 3.61%, compared with 3.47% for DTH.

What is the main difference between DTH and PID?

DTH is categorized as Foreign Large Cap Equities, while PID is Global Equities. DTH tracks WisdomTree International High Dividend Index, while PID tracks Nasdaq International Dividend Achievers (NR). They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.58% for DTH and 0.56% for PID.

Which has better risk-adjusted returns?

DTH currently has the higher Sharpe Ratio (1.82 vs 1.44), 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.