EFAS vs. DWMF

Last updated Aug 2, 2026

EFAS (Global X MSCI SuperDividend® EAFE ETF) and DWMF (WisdomTree International Multifactor Fund) are both exchange-traded funds - EFAS is a Dividend fund tracking the MSCI EAFE Top 50 Dividend Index, while DWMF is a Foreign Large Cap Equities fund actively managed by WisdomTree. EFAS is passively managed, while DWMF is actively managed. Over the past 5 years, EFAS returned 14.43%/yr vs 8.75%/yr for DWMF. Their 0.69 correlation means they have sometimes moved together and sometimes differently. EFAS charges 0.55%/yr vs 0.38%/yr for DWMF.

Performance

EFAS vs. DWMF - Performance Comparison

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

Returns By Period

In the year-to-date period, EFAS achieves a 20.56% return, which is significantly higher than DWMF's 5.83% return.

EFAS

• 1D: -0.90%
• 1M: 6.31%
• 6M: 14.73%
• YTD: 20.56%
• 1Y: 32.01%
• 3Y*: 25.41%
• 5Y*: 14.43%
• 10Y*: —
• ALL TIME*: 10.80%

DWMF

• 1D: 0.02%
• 1M: 0.05%
• 6M: 2.42%
• YTD: 5.83%
• 1Y: 12.12%
• 3Y*: 13.90%
• 5Y*: 8.75%
• 10Y*: —
• ALL TIME*: 7.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DWMF WisdomTree International Multifactor Fund	$46.55K	$45.08K	$66.89K
EFAS Global X MSCI SuperDividend® EAFE ETF	$411.25K	$354.75K	$345.09K

EFAS vs. DWMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EFAS Global X MSCI SuperDividend® EAFE ETF	20.56%	46.83%	3.07%	14.65%	-8.00%	12.75%	-5.42%	14.60%	-10.70%
DWMF WisdomTree International Multifactor Fund	5.83%	24.42%	10.22%	10.78%	-7.31%	11.24%	-1.18%	16.10%	-7.26%

Correlation

The correlation between EFAS and DWMF is 0.63, 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.	0.63
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (All Time) Calculated using the full available price history since Aug 10, 2018	0.69

The correlation between EFAS and DWMF has been stable across timeframes, ranging from 0.63 to 0.71 - a consistent structural relationship.

EFAS vs. DWMF - Sectors Allocation Comparison

Sectors	EFAS	DWMF
Financial Services	35.3%	26.4%
Real Estate	15.6%	1.7%
Utilities	11.8%	6.0%
Energy	10.3%	4.3%
Communication Services	8.9%	1.4%
Consumer Defensive	7.7%	1.2%
Industrials	6.6%	27.4%
Basic Materials	1.9%	9.8%
Consumer Cyclical	1.9%	4.0%
Healthcare	0.1%	4.2%
Technology	0.1%	13.6%

Return for Risk

EFAS vs. DWMF — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EFAS

EFAS Risk / Return Rank: 94
EFAS Sharpe Ratio Rank: 96
EFAS Sortino Ratio Rank: 95
EFAS Omega Ratio Rank: 94
EFAS Calmar Ratio Rank: 96
EFAS Martin Ratio Rank: 91

DWMF

DWMF Risk / Return Rank: 39
DWMF Sharpe Ratio Rank: 41
DWMF Sortino Ratio Rank: 41
DWMF Omega Ratio Rank: 39
DWMF Calmar Ratio Rank: 40
DWMF Martin Ratio Rank: 36

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.

EFAS vs. DWMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI SuperDividend® EAFE ETF (EFAS) and WisdomTree International Multifactor Fund (DWMF). 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	DWMF	Difference
Sharpe ratio: Return per unit of total volatility	2.94	1.01	+1.93
Sortino ratio: Return per unit of downside risk	4.11	1.51	+2.60
Omega ratio: Gain probability vs. loss probability	1.52	1.19	+0.33
Calmar ratio: Return relative to maximum drawdown	6.07	1.42	+4.65
Martin ratio: Return relative to average drawdown	14.92	3.64	+11.28

EFAS vs. DWMF - Sharpe Ratio Comparison

The current EFAS Sharpe Ratio is 2.94, which is higher than the DWMF Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of EFAS and DWMF, 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. DWMF - Drawdown Comparison

The maximum EFAS drawdown since its inception was -44.38%, which is greater than DWMF's maximum drawdown of -29.72%. Use the drawdown chart below to compare losses from any high point for EFAS and DWMF.

Drawdown Indicators

	EFAS	DWMF	Difference
Max Drawdown Largest peak-to-trough decline	-44.38%	-29.72%	-14.66%
Max Drawdown (1Y) Largest decline over 1 year	-5.30%	-8.74%	+3.44%
Max Drawdown (3Y) Largest decline over 3 years	-11.84%	-8.74%	-3.10%
Max Drawdown (5Y) Largest decline over 5 years	-28.81%	-17.00%	-11.81%
Current Drawdown Current decline from peak	-0.90%	-3.52%	+2.62%
Average Drawdown Average peak-to-trough decline	-6.99%	-3.90%	-3.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	3.40%	-1.25%

Volatility

EFAS vs. DWMF - Volatility Comparison

The current volatility for Global X MSCI SuperDividend® EAFE ETF (EFAS) is 2.71%, while WisdomTree International Multifactor Fund (DWMF) has a volatility of 4.90%. This indicates that EFAS experiences smaller price fluctuations and is considered to be less risky than DWMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFAS	DWMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.71%	4.90%	-2.19%
Volatility (6M) Calculated over the trailing 6-month period	8.68%	10.55%	-1.87%
Volatility (1Y) Calculated over the trailing 1-year period	10.95%	12.27%	-1.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	11.51%	+4.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.23%	14.16%	+4.07%

EFAS vs. DWMF - Expense Ratio Comparison

EFAS has a 0.55% expense ratio, which is higher than DWMF's 0.38% expense ratio.

Dividends

EFAS vs. DWMF - Dividend Comparison

EFAS's dividend yield for the trailing twelve months is around 4.52%, more than DWMF's 3.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DWMF WisdomTree International Multifactor Fund	3.10%	2.80%	3.50%	4.01%	3.41%	3.54%	2.06%	2.77%	1.15%	0.00%	0.00%
EFAS Global X MSCI SuperDividend® EAFE ETF	4.52%	4.83%	6.76%	6.33%	7.28%	5.19%	4.34%	5.75%	6.63%	6.15%	0.21%

Frequently Asked Questions

Can I hold both EFAS and DWMF in my portfolio?

EFAS and DWMF have a correlation of 0.63, 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 DWMF?

DWMF has higher volatility (4.90%) compared to EFAS (2.71%). In terms of maximum drawdown, EFAS dropped -44.38% vs DWMF's -29.72%.

Which ETF is better, EFAS or DWMF?

On 5-year performance, EFAS leads with 14.43% vs 8.75% for DWMF. On fees, DWMF is cheaper at 0.38% per year. On volatility, EFAS has been the lower-risk option at 2.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EFAS or DWMF?

Over the 5-year period, EFAS has performed better with a 14.43% return vs 8.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EFAS or DWMF?

DWMF is cheaper with a 0.38% expense ratio, compared with 0.55% for EFAS.

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

EFAS has the higher dividend yield at 4.52%, compared with 3.10% for DWMF.

What is the main difference between EFAS and DWMF?

EFAS is categorized as Dividend, while DWMF is Foreign Large Cap Equities. They also come from different issuers: Global X and WisdomTree. Their fees differ too: 0.55% for EFAS and 0.38% for DWMF.

Which has better risk-adjusted returns?

EFAS currently has the higher Sharpe Ratio (2.94 vs 1.01), 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.