EES vs. DHS
EES (WisdomTree U.S. SmallCap Fund) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - EES is a Small Cap Blend Equities fund tracking the WisdomTree U.S. Small Cap Index, while DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. Both are passively managed. Over the past 10 years, EES returned 11.05%/yr vs 9.68%/yr for DHS. Their 0.75 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.38% expense ratio.
Performance
EES vs. DHS - Performance Comparison
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Returns By Period
In the year-to-date period, EES achieves a 19.30% return, which is significantly higher than DHS's 16.66% return. Over the past 10 years, EES has outperformed DHS with an annualized return of 11.05%, while DHS has yielded a comparatively lower 9.68% annualized return.
EES
- 1D
- -0.15%
- 1M
- 0.09%
- 6M
- 14.07%
- YTD
- 19.30%
- 1Y
- 35.49%
- 3Y*
- 13.58%
- 5Y*
- 8.46%
- 10Y*
- 11.05%
- ALL TIME*
- 8.88%
DHS
- 1D
- -0.37%
- 1M
- 1.58%
- 6M
- 9.76%
- YTD
- 16.66%
- 1Y
- 25.21%
- 3Y*
- 16.49%
- 5Y*
- 12.26%
- 10Y*
- 9.68%
- ALL TIME*
- 8.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.32M | $3.61M | $2.98M | |
| $647.35K | $769.12K | $909.42K |
EES vs. DHS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EES WisdomTree U.S. SmallCap Fund | 19.30% | 6.99% | 9.86% | 18.53% | -16.18% | 34.39% | 3.06% | 21.68% | -10.12% | 12.42% |
DHS WisdomTree US High Dividend Fund | 16.66% | 12.87% | 18.02% | -0.19% | 7.97% | 23.20% | -5.70% | 22.59% | -7.41% | 11.69% |
Correlation
The correlation between EES and DHS is 0.56, 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. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2007 | 0.75 |
The correlation between EES and DHS shifts across timeframes, from 0.56 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.
EES vs. DHS - Sectors Allocation Comparison
Sectors
EES
DHS
Financial Services
Technology
Consumer Cyclical
Industrials
Healthcare
Energy
Consumer Defensive
Real Estate
Basic Materials
Communication Services
Utilities
Financial Services
EES
DHS
Technology
EES
DHS
Consumer Cyclical
EES
DHS
Industrials
EES
DHS
Healthcare
EES
DHS
Energy
EES
DHS
Consumer Defensive
EES
DHS
Real Estate
EES
DHS
Basic Materials
EES
DHS
Communication Services
EES
DHS
Utilities
EES
DHS
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Return for Risk
EES vs. DHS — Risk / Return Rank
EES
DHS
EES vs. DHS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. SmallCap Fund (EES) and WisdomTree US High Dividend Fund (DHS). 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.
| EES | DHS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.42 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.12 | 3.97 | +0.15 |
| Martin ratioReturn relative to average drawdown | 12.80 | 14.58 | -1.79 |
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Drawdowns
EES vs. DHS - Drawdown Comparison
The maximum EES drawdown since its inception was -63.66%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for EES and DHS.
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Drawdown Indicators
| EES | DHS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.66% | -67.25% | +3.59% |
Max Drawdown (1Y)Largest decline over 1 year | -7.98% | -6.30% | -1.68% |
Max Drawdown (3Y)Largest decline over 3 years | -27.15% | -11.87% | -15.28% |
Max Drawdown (5Y)Largest decline over 5 years | -27.15% | -15.28% | -11.87% |
Max Drawdown (10Y)Largest decline over 10 years | -50.52% | -37.35% | -13.17% |
Current DrawdownCurrent decline from peak | -1.33% | -2.23% | +0.90% |
Average DrawdownAverage peak-to-trough decline | -10.29% | -9.48% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 1.71% | +0.85% |
Volatility
EES vs. DHS - Volatility Comparison
The current volatility for WisdomTree U.S. SmallCap Fund (EES) is 3.32%, while WisdomTree US High Dividend Fund (DHS) has a volatility of 3.88%. This indicates that EES experiences smaller price fluctuations and is considered to be less risky than DHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EES | DHS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.32% | 3.88% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 10.83% | 7.92% | +2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.81% | 10.43% | +6.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.33% | 13.91% | +7.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.71% | 16.09% | +7.62% |
EES vs. DHS - Expense Ratio Comparison
Both EES and DHS have an expense ratio of 0.38%.
Dividends
EES vs. DHS - Dividend Comparison
EES's dividend yield for the trailing twelve months is around 1.14%, less than DHS's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHS WisdomTree US High Dividend Fund | 3.19% | 3.32% | 3.66% | 4.31% | 3.42% | 3.29% | 4.14% | 3.69% | 3.76% | 3.00% | 3.25% | 3.53% |
EES WisdomTree U.S. SmallCap Fund | 1.14% | 1.29% | 1.37% | 1.18% | 1.12% | 1.69% | 1.29% | 1.31% | 1.81% | 0.93% | 1.02% | 1.38% |
Frequently Asked Questions
EES and DHS have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHS has higher volatility (3.88%) compared to EES (3.32%). In terms of maximum drawdown, EES dropped -63.66% vs DHS's -67.25%.
On 10-year performance, EES leads with 11.05% vs 9.68% for DHS. Both ETFs have the same 0.38% expense ratio. On volatility, EES has been the lower-risk option at 3.32%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, EES has performed better with a 11.05% return vs 9.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EES and DHS have the same expense ratio: 0.38% per year.
DHS has the higher dividend yield at 3.19%, compared with 1.14% for EES.
EES is categorized as Small Cap Blend Equities, while DHS is Large Cap Value Equities. EES tracks WisdomTree U.S. Small Cap Index, while DHS tracks WisdomTree U.S. High Dividend Index.
DHS currently has the higher Sharpe Ratio (2.41 vs 1.96), 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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