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EES vs. ISCB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EES vs. ISCB

Last updated Aug 4, 2026
Documentation

EES (WisdomTree U.S. SmallCap Fund) and ISCB (iShares Morningstar Small-Cap ETF) are both Small Cap Blend Equities funds - EES tracks the WisdomTree U.S. Small Cap Index while ISCB tracks the Morningstar US Small Cap Extended Index. Both are passively managed. Over the past 10 years, EES returned 11.02%/yr vs 9.19%/yr for ISCB. Their correlation of 0.92 means they have usually moved in the same direction. EES charges 0.38%/yr vs 0.04%/yr for ISCB.

Performance

EES vs. ISCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. SmallCap Fund (EES) and iShares Morningstar Small-Cap ETF (ISCB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EES achieves a 21.51% return, which is significantly higher than ISCB's 16.70% return. Over the past 10 years, EES has outperformed ISCB with an annualized return of 11.02%, while ISCB has yielded a comparatively lower 9.19% annualized return.

EES

1D
1.86%
1M
1.95%
6M
15.27%
YTD
21.51%
1Y
38.00%
3Y*
14.72%
5Y*
9.18%
10Y*
11.02%
ALL TIME*
8.98%

ISCB

1D
1.49%
1M
0.56%
6M
11.41%
YTD
16.70%
1Y
30.98%
3Y*
15.37%
5Y*
7.74%
10Y*
9.19%
ALL TIME*
8.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

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

EES

WisdomTree U.S. SmallCap Fund
$617.16K$757.25K$907.88K

ISCB

iShares Morningstar Small-Cap ETF
$524.82K$428.40K$304.44K

EES vs. ISCB - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EES
WisdomTree U.S. SmallCap Fund		21.51%6.99%9.86%18.53%-16.18%34.39%3.06%21.68%-10.12%12.42%
ISCB
iShares Morningstar Small-Cap ETF		16.70%12.46%10.90%19.51%-19.04%17.46%6.29%29.42%-13.92%12.95%

Correlation

The correlation between EES and ISCB is 0.88, 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.

0.88

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

0.93

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

0.94

Correlation (10Y)
Provides a long-term view across more market conditions.

0.93

Correlation (All Time)
Calculated using the full available price history since Feb 23, 2007

0.92

The correlation between EES and ISCB has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.

EES vs. ISCB - Sectors Allocation Comparison

Sectors
EES
ISCB

Financial Services

22.4%
16.6%

Technology

15.6%
15.0%

Consumer Cyclical

13.3%
11.1%

Industrials

12.9%
16.3%

Healthcare

10.1%
14.9%

Energy

6.3%
4.2%

Consumer Defensive

4.8%
3.8%

Real Estate

4.7%
8.3%

Basic Materials

4.7%
4.5%

Communication Services

3.5%
2.6%

Utilities

1.6%
2.5%

Financial Services

EES
22.4%
ISCB
16.6%

Technology

EES
15.6%
ISCB
15.0%

Consumer Cyclical

EES
13.3%
ISCB
11.1%

Industrials

EES
12.9%
ISCB
16.3%

Healthcare

EES
10.1%
ISCB
14.9%

Energy

EES
6.3%
ISCB
4.2%

Consumer Defensive

EES
4.8%
ISCB
3.8%

Real Estate

EES
4.7%
ISCB
8.3%

Basic Materials

EES
4.7%
ISCB
4.5%

Communication Services

EES
3.5%
ISCB
2.6%

Utilities

EES
1.6%
ISCB
2.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree U.S. SmallCap Fund

iShares Morningstar Small-Cap ETF

Often compared with EES:
EES vs. DESEES vs. DWASEES vs. VIOOEES vs. SCHDEES vs. IWMEES vs. RWJEES vs. SPY
Often compared with ISCB:
ISCB vs. VBISCB vs. ISCGISCB vs. IJRISCB vs. SPSMISCB vs. IWMISCB vs. IMCBISCB vs. SCHA

Return for Risk

EES vs. ISCB — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
EES
EES Risk / Return Rank: 9090
Overall Rank
EES Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
EES Sortino Ratio Rank: 9090
Sortino Ratio Rank
EES Omega Ratio Rank: 8787
Omega Ratio Rank
EES Calmar Ratio Rank: 9393
Calmar Ratio Rank
EES Martin Ratio Rank: 9090
Martin Ratio Rank
ISCB
ISCB Risk / Return Rank: 8181
Overall Rank
ISCB Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
ISCB Sortino Ratio Rank: 8181
Sortino Ratio Rank
ISCB Omega Ratio Rank: 7676
Omega Ratio Rank
ISCB Calmar Ratio Rank: 8484
Calmar Ratio Rank
ISCB Martin Ratio Rank: 8484
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.

EES vs. ISCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. SmallCap Fund (EES) and iShares Morningstar Small-Cap ETF (ISCB). 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.

EESISCBDifference
Sharpe ratioReturn per unit of total volatility
2.28
1.90

+0.39

Sortino ratioReturn per unit of downside risk
3.29
2.74

+0.55

Omega ratioGain probability vs. loss probability

1.40

1.33

+0.08

Calmar ratioReturn relative to maximum drawdown

4.79

3.31

+1.47

Martin ratioReturn relative to average drawdown

14.88

11.98

+2.90

EES vs. ISCB - Sharpe Ratio Comparison

The current EES Sharpe Ratio is 2.28, which is comparable to the ISCB Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of EES and ISCB, 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

EES vs. ISCB - Drawdown Comparison

The maximum EES drawdown since its inception was -63.66%, roughly equal to the maximum ISCB drawdown of -61.25%. Use the drawdown chart below to compare losses from any high point for EES and ISCB.

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Drawdown Indicators

EESISCBDifference

Max Drawdown

Largest peak-to-trough decline

-63.66%

-61.25%

-2.41%

Max Drawdown (1Y)

Largest decline over 1 year

-7.98%

-9.39%

+1.41%

Max Drawdown (3Y)

Largest decline over 3 years

-27.15%

-26.22%

-0.93%

Max Drawdown (5Y)

Largest decline over 5 years

-27.15%

-29.94%

+2.79%

Max Drawdown (10Y)

Largest decline over 10 years

-50.52%

-44.18%

-6.34%

Current Drawdown

Current decline from peak

0.00%

-0.10%

+0.10%

Average Drawdown

Average peak-to-trough decline

-10.28%

-9.74%

-0.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.56%

2.59%

-0.03%

Volatility

EES vs. ISCB - Volatility Comparison

WisdomTree U.S. SmallCap Fund (EES) and iShares Morningstar Small-Cap ETF (ISCB) have volatilities of 3.65% and 3.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EESISCBDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.65%

3.64%

+0.01%

Volatility (6M)

Calculated over the trailing 6-month period

10.96%

11.53%

-0.57%

Volatility (1Y)

Calculated over the trailing 1-year period

16.74%

16.42%

+0.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.35%

21.29%

+0.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.72%

22.62%

+1.10%

EES vs. ISCB - Expense Ratio Comparison

EES has a 0.38% expense ratio, which is higher than ISCB's 0.04% expense ratio.

Dividends

EES vs. ISCB - Dividend Comparison

EES's dividend yield for the trailing twelve months is around 1.12%, less than ISCB's 1.26% yield.

PositionTTM20252024202320222021202020192018201720162015
EES
WisdomTree U.S. SmallCap Fund		1.12%1.29%1.37%1.18%1.12%1.69%1.29%1.31%1.81%0.93%1.02%1.38%
ISCB
iShares Morningstar Small-Cap ETF		1.26%1.38%1.31%1.49%1.63%1.26%1.26%1.25%1.60%1.24%1.58%1.40%

Frequently Asked Questions

EES and ISCB have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EES has higher volatility (3.65%) compared to ISCB (3.64%). In terms of maximum drawdown, EES dropped -63.66% vs ISCB's -61.25%.

On 10-year performance, EES leads with 11.02% vs 9.19% for ISCB. On fees, ISCB is cheaper at 0.04% per year. Their volatility is very similar. 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 11.02% return vs 9.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ISCB is cheaper with a 0.04% expense ratio, compared with 0.38% for EES.

ISCB has the higher dividend yield at 1.26%, compared with 1.12% for EES.

EES tracks WisdomTree U.S. Small Cap Index, while ISCB tracks Morningstar US Small Cap Extended Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.38% for EES and 0.04% for ISCB.

EES currently has the higher Sharpe Ratio (2.28 vs 1.90), 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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