EFAS vs. DEW

Last updated Jul 14, 2026

EFAS (Global X MSCI SuperDividend® EAFE ETF) and DEW (WisdomTree Global High Dividend Fund) are both exchange-traded funds - EFAS is a Dividend fund tracking the MSCI EAFE Top 50 Dividend Index, while DEW is a Large Cap Value Equities fund tracking the WisdomTree Global High Dividend Index. Both are passively managed. Over the past 5 years, EFAS returned 12.99%/yr vs 12.11%/yr for DEW. A 0.71 correlation means they provide meaningful diversification when combined. EFAS charges 0.55%/yr vs 0.58%/yr for DEW.

Performance

EFAS vs. DEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI SuperDividend® EAFE ETF (EFAS) and WisdomTree Global High Dividend Fund (DEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EFAS achieves a 14.78% return, which is significantly lower than DEW's 15.60% return.

EFAS

• 1D: 0.30%
• 1M: -0.58%
• 6M: 13.14%
• YTD: 14.78%
• 1Y: 26.59%
• 3Y*: 23.34%
• 5Y*: 12.99%
• 10Y*: —

DEW

• 1D: 0.10%
• 1M: 1.19%
• 6M: 13.65%
• YTD: 15.60%
• 1Y: 25.07%
• 3Y*: 18.80%
• 5Y*: 12.11%
• 10Y*: 9.29%

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

EFAS vs. DEW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EFAS Global X MSCI SuperDividend® EAFE ETF	14.78%	46.83%	3.07%	14.65%	-8.00%	12.75%	-5.42%	14.60%	-11.60%	22.76%
DEW WisdomTree Global High Dividend Fund	15.60%	22.39%	11.58%	9.39%	-2.73%	21.29%	-7.32%	20.45%	-10.58%	15.38%

Correlation

The correlation between EFAS and DEW 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	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Nov 16, 2016	0.71

The correlation between EFAS and DEW has been stable across timeframes, ranging from 0.67 to 0.73 - a consistent structural relationship.

EFAS vs. DEW - Sectors Allocation Comparison

Sectors	EFAS	DEW
Financial Services	31.0%	19.7%
Utilities	13.7%	10.8%
Energy	13.1%	14.7%
Real Estate	11.4%	10.8%
Industrials	10.4%	4.3%
Communication Services	8.6%	4.1%
Consumer Defensive	8.1%	9.0%
Consumer Cyclical	1.9%	3.0%
Basic Materials	1.7%	2.8%
Healthcare	0.1%	9.5%
Technology	0.1%	2.5%

Return for Risk

EFAS vs. DEW — Risk / Return Rank

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

EFAS

EFAS Risk / Return Rank: 89
EFAS Sharpe Ratio Rank: 91
EFAS Sortino Ratio Rank: 91
EFAS Omega Ratio Rank: 88
EFAS Calmar Ratio Rank: 93
EFAS Martin Ratio Rank: 81

DEW

DEW Risk / Return Rank: 90
DEW Sharpe Ratio Rank: 92
DEW Sortino Ratio Rank: 93
DEW Omega Ratio Rank: 90
DEW Calmar Ratio Rank: 87
DEW Martin Ratio Rank: 89

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.

EFAS vs. DEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI SuperDividend® EAFE ETF (EFAS) and WisdomTree Global High Dividend Fund (DEW). 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.

	EFAS	DEW	Difference
Sharpe ratio: Return per unit of total volatility	2.45	2.59	-0.14
Sortino ratio: Return per unit of downside risk	3.45	3.65	-0.20
Omega ratio: Gain probability vs. loss probability	1.43	1.46	-0.03
Calmar ratio: Return relative to maximum drawdown	5.04	3.97	+1.07
Martin ratio: Return relative to average drawdown	12.31	15.55	-3.24

EFAS vs. DEW - Sharpe Ratio Comparison

The current EFAS Sharpe Ratio is 2.45, which is comparable to the DEW Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of EFAS and DEW, 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

EFAS vs. DEW - Drawdown Comparison

The maximum EFAS drawdown since its inception was -44.38%, smaller than the maximum DEW drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for EFAS and DEW.

Drawdown Indicators

	EFAS	DEW	Difference
Max Drawdown Largest peak-to-trough decline	-44.38%	-65.55%	+21.17%
Max Drawdown (1Y) Largest decline over 1 year	-5.30%	-6.34%	+1.04%
Max Drawdown (3Y) Largest decline over 3 years	-11.84%	-11.80%	-0.04%
Max Drawdown (5Y) Largest decline over 5 years	-28.81%	-18.86%	-9.95%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.77%	—
Current Drawdown Current decline from peak	-1.45%	0.00%	-1.45%
Average Drawdown Average peak-to-trough decline	-7.02%	-12.38%	+5.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.17%	1.62%	+0.55%

Volatility

EFAS vs. DEW - Volatility Comparison

Global X MSCI SuperDividend® EAFE ETF (EFAS) has a higher volatility of 3.08% compared to WisdomTree Global High Dividend Fund (DEW) at 2.82%. This indicates that EFAS's price experiences larger fluctuations and is considered to be riskier than DEW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFAS	DEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.08%	2.82%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	8.70%	7.40%	+1.30%
Volatility (1Y) Calculated over the trailing 1-year period	10.94%	9.74%	+1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.57%	12.95%	+2.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.27%	15.37%	+2.90%

EFAS vs. DEW - Expense Ratio Comparison

EFAS has a 0.55% expense ratio, which is lower than DEW's 0.58% expense ratio.

Dividends

EFAS vs. DEW - Dividend Comparison

EFAS's dividend yield for the trailing twelve months is around 4.75%, more than DEW's 3.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEW WisdomTree Global High Dividend Fund	3.22%	3.71%	4.02%	4.55%	3.82%	3.55%	4.10%	3.74%	4.17%	3.18%	3.42%	4.32%
EFAS Global X MSCI SuperDividend® EAFE ETF	4.75%	4.83%	6.76%	6.33%	7.28%	5.19%	4.34%	5.75%	6.63%	6.15%	0.21%	0.00%

Frequently Asked Questions

Can I hold both EFAS and DEW in my portfolio?

EFAS and DEW 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, EFAS or DEW?

EFAS has higher volatility (3.08%) compared to DEW (2.82%). In terms of maximum drawdown, EFAS dropped -44.38% vs DEW's -65.55%.

Which ETF is better, EFAS or DEW?

On 5-year performance, EFAS leads with 12.99% vs 12.11% for DEW. On fees, EFAS is cheaper at 0.55% per year. On volatility, DEW has been the lower-risk option at 2.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EFAS or DEW?

Over the 5-year period, EFAS has performed better with a 12.99% return vs 12.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EFAS or DEW?

EFAS is cheaper with a 0.55% expense ratio, compared with 0.58% for DEW.

Which ETF pays a higher dividend yield, EFAS or DEW?

EFAS has the higher dividend yield at 4.75%, compared with 3.22% for DEW.

What is the main difference between EFAS and DEW?

EFAS is categorized as Dividend, while DEW is Large Cap Value Equities. EFAS tracks MSCI EAFE Top 50 Dividend Index, while DEW tracks WisdomTree Global High Dividend Index. They also come from different issuers: Global X and WisdomTree. Their fees differ too: 0.55% for EFAS and 0.58% for DEW.

Which has better risk-adjusted returns?

DEW currently has the higher Sharpe Ratio (2.59 vs 2.45), 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.