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DWM vs. BKIE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DWM vs. BKIE

Last updated Aug 2, 2026
Documentation

DWM (WisdomTree International Equity Fund) and BKIE (BNY Mellon International Equity ETF) are both Foreign Large Cap Equities funds - DWM tracks the WisdomTree International Equity Index while BKIE tracks the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR. Both are passively managed. Over the past 5 years, DWM returned 10.56%/yr vs 9.97%/yr for BKIE. Their 0.97 correlation means they have historically moved very closely together. DWM charges 0.48%/yr vs 0.04%/yr for BKIE.

Performance

DWM vs. BKIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Equity Fund (DWM) and BNY Mellon International Equity ETF (BKIE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DWM achieves a 11.07% return, which is significantly lower than BKIE's 11.71% return.

DWM

1D
-0.28%
1M
1.30%
6M
6.00%
YTD
11.07%
1Y
22.71%
3Y*
17.60%
5Y*
10.56%
10Y*
8.85%
ALL TIME*
5.74%

BKIE

1D
-0.70%
1M
1.29%
6M
6.90%
YTD
11.71%
1Y
26.09%
3Y*
17.23%
5Y*
9.97%
10Y*
—
ALL TIME*
15.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

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

BKIE

BNY Mellon International Equity ETF
$7.08M$6.86M$6.10M

DWM

WisdomTree International Equity Fund
$1.02M$917.41K$832.76K

DWM vs. BKIE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
DWM
WisdomTree International Equity Fund		11.07%34.83%4.15%16.63%-9.04%10.76%29.70%
BKIE
BNY Mellon International Equity ETF		11.71%32.08%4.63%18.25%-13.60%13.75%34.17%

Correlation

The correlation between DWM and BKIE is 0.95, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.95

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

0.95

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

0.96

Correlation (All Time)
Calculated using the full available price history since Apr 24, 2020

0.97

The correlation between DWM and BKIE has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

DWM vs. BKIE - Sectors Allocation Comparison

Sectors
DWM
BKIE

Financial Services

21.7%
26.6%

Industrials

20.9%
17.9%

Consumer Cyclical

10.3%
7.2%

Technology

9.3%
11.7%

Healthcare

8.5%
9.1%

Consumer Defensive

7.5%
6.3%

Utilities

5.3%
3.5%

Basic Materials

5.2%
6.7%

Communication Services

5.0%
4.1%

Energy

3.4%
5.0%

Real Estate

2.9%
1.8%

Financial Services

DWM
21.7%
BKIE
26.6%

Industrials

DWM
20.9%
BKIE
17.9%

Consumer Cyclical

DWM
10.3%
BKIE
7.2%

Technology

DWM
9.3%
BKIE
11.7%

Healthcare

DWM
8.5%
BKIE
9.1%

Consumer Defensive

DWM
7.5%
BKIE
6.3%

Utilities

DWM
5.3%
BKIE
3.5%

Basic Materials

DWM
5.2%
BKIE
6.7%

Communication Services

DWM
5.0%
BKIE
4.1%

Energy

DWM
3.4%
BKIE
5.0%

Real Estate

DWM
2.9%
BKIE
1.8%

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 Equity Fund

BNY Mellon International Equity ETF

Often compared with DWM:
DWM vs. DOLDWM vs. NSRIXDWM vs. BROIXDWM vs. VFQYDWM vs. SCHFDWM vs. VXUSDWM vs. SCHD
Often compared with BKIE:
BKIE vs. VXUSBKIE vs. BKEMBKIE vs. VEABKIE vs. SPDWBKIE vs. IDHQBKIE vs. IQLTBKIE vs. VGPMX

Return for Risk

DWM vs. BKIE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
DWM
DWM Risk / Return Rank: 6666
Overall Rank
DWM Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
DWM Sortino Ratio Rank: 7070
Sortino Ratio Rank
DWM Omega Ratio Rank: 7070
Omega Ratio Rank
DWM Calmar Ratio Rank: 5959
Calmar Ratio Rank
DWM Martin Ratio Rank: 6262
Martin Ratio Rank
BKIE
BKIE Risk / Return Rank: 7171
Overall Rank
BKIE Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
BKIE Sortino Ratio Rank: 7474
Sortino Ratio Rank
BKIE Omega Ratio Rank: 7272
Omega Ratio Rank
BKIE Calmar Ratio Rank: 6565
Calmar Ratio Rank
BKIE Martin Ratio Rank: 7171
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.

DWM vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Equity Fund (DWM) and BNY Mellon International Equity ETF (BKIE). 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.

DWMBKIEDifference
Sharpe ratioReturn per unit of total volatility
1.58
1.68

-0.10

Sortino ratioReturn per unit of downside risk
2.29
2.39

-0.10

Omega ratioGain probability vs. loss probability

1.29

1.30

-0.01

Calmar ratioReturn relative to maximum drawdown

2.09

2.25

-0.16

Martin ratioReturn relative to average drawdown

7.54

8.73

-1.19

DWM vs. BKIE - Sharpe Ratio Comparison

The current DWM Sharpe Ratio is 1.58, which is comparable to the BKIE Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of DWM and BKIE, 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

DWM vs. BKIE - Drawdown Comparison

The maximum DWM drawdown since its inception was -62.10%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for DWM and BKIE.

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Drawdown Indicators

DWMBKIEDifference

Max Drawdown

Largest peak-to-trough decline

-62.10%

-28.19%

-33.91%

Max Drawdown (1Y)

Largest decline over 1 year

-10.93%

-11.41%

+0.48%

Max Drawdown (3Y)

Largest decline over 3 years

-12.69%

-13.19%

+0.50%

Max Drawdown (5Y)

Largest decline over 5 years

-25.64%

-28.19%

+2.55%

Max Drawdown (10Y)

Largest decline over 10 years

-37.82%

—

—

Current Drawdown

Current decline from peak

-0.28%

-0.70%

+0.42%

Average Drawdown

Average peak-to-trough decline

-13.40%

-4.88%

-8.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.02%

2.93%

+0.09%

Volatility

DWM vs. BKIE - Volatility Comparison

The current volatility for WisdomTree International Equity Fund (DWM) is 4.01%, while BNY Mellon International Equity ETF (BKIE) has a volatility of 4.29%. This indicates that DWM experiences smaller price fluctuations and is considered to be less risky than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DWMBKIEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.01%

4.29%

-0.28%

Volatility (6M)

Calculated over the trailing 6-month period

12.46%

13.05%

-0.59%

Volatility (1Y)

Calculated over the trailing 1-year period

14.45%

15.27%

-0.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.33%

16.21%

-0.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.26%

16.32%

-0.06%

DWM vs. BKIE - Expense Ratio Comparison

DWM has a 0.48% expense ratio, which is higher than BKIE's 0.04% expense ratio.

Dividends

DWM vs. BKIE - Dividend Comparison

DWM's dividend yield for the trailing twelve months is around 2.70%, less than BKIE's 3.15% yield.

PositionTTM20252024202320222021202020192018201720162015
BKIE
BNY Mellon International Equity ETF		3.15%3.12%3.31%2.88%2.97%2.58%1.49%0.00%0.00%0.00%0.00%0.00%
DWM
WisdomTree International Equity Fund		2.70%3.06%3.86%4.15%4.36%3.64%2.74%3.46%3.86%2.99%3.43%3.55%

Frequently Asked Questions

With a correlation of 0.95, DWM and BKIE 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.

BKIE has higher volatility (4.29%) compared to DWM (4.01%). In terms of maximum drawdown, DWM dropped -62.10% vs BKIE's -28.19%.

On 5-year performance, DWM leads with 10.56% vs 9.97% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, DWM has been the lower-risk option at 4.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DWM has performed better with a 10.56% return vs 9.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BKIE is cheaper with a 0.04% expense ratio, compared with 0.48% for DWM.

BKIE has the higher dividend yield at 3.15%, compared with 2.70% for DWM.

DWM tracks WisdomTree International Equity Index, while BKIE tracks Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR. They also come from different issuers: WisdomTree and BNY Mellon. Their fees differ too: 0.48% for DWM and 0.04% for BKIE.

BKIE currently has the higher Sharpe Ratio (1.68 vs 1.58), 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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