GCC vs. DHS
GCC (WisdomTree Enhanced Commodity Strategy Fund) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - GCC is a Commodities fund actively managed by WisdomTree, while DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. GCC is actively managed, while DHS is passively managed. Over the past 10 years, GCC returned 5.86%/yr vs 9.73%/yr for DHS. At a 0.30 correlation, their price movements are largely independent. GCC charges 0.55%/yr vs 0.38%/yr for DHS.
Performance
GCC vs. DHS - Performance Comparison
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Returns By Period
In the year-to-date period, GCC achieves a 8.13% return, which is significantly lower than DHS's 12.61% return. Over the past 10 years, GCC has underperformed DHS with an annualized return of 5.86%, while DHS has yielded a comparatively higher 9.73% annualized return.
GCC
- 1D
- -1.29%
- 1M
- -9.68%
- YTD
- 8.13%
- 6M
- 6.82%
- 1Y
- 21.66%
- 3Y*
- 14.89%
- 5Y*
- 10.21%
- 10Y*
- 5.86%
DHS
- 1D
- 0.81%
- 1M
- -0.18%
- YTD
- 12.61%
- 6M
- 12.50%
- 1Y
- 22.41%
- 3Y*
- 17.58%
- 5Y*
- 11.73%
- 10Y*
- 9.73%
GCC vs. DHS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GCC WisdomTree Enhanced Commodity Strategy Fund | 8.13% | 20.01% | 15.13% | -3.72% | 7.74% | 19.96% | 1.38% | 7.07% | -8.69% | -0.57% |
DHS WisdomTree US High Dividend Fund | 12.61% | 12.87% | 18.02% | -0.19% | 7.97% | 23.20% | -5.70% | 22.59% | -7.41% | 11.69% |
Correlation
The correlation between GCC and DHS is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2008 | 0.30 |
Over the past year, the correlation between GCC and DHS has dropped to 0.09 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
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Return for Risk
GCC vs. DHS — Risk / Return Rank
GCC
DHS
GCC vs. DHS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity Strategy Fund (GCC) 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.
| GCC | DHS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.38 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 3.57 | -1.98 |
| Martin ratioReturn relative to average drawdown | 5.99 | 12.96 | -6.97 |
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Drawdowns
GCC vs. DHS - Drawdown Comparison
The maximum GCC drawdown since its inception was -63.19%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for GCC and DHS.
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Drawdown Indicators
| GCC | DHS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.19% | -67.25% | +4.06% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -6.30% | -7.37% |
Max Drawdown (3Y)Largest decline over 3 years | -13.67% | -11.87% | -1.80% |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | -15.28% | -11.79% |
Max Drawdown (10Y)Largest decline over 10 years | -32.67% | -37.35% | +4.68% |
Current DrawdownCurrent decline from peak | -13.67% | -1.19% | -12.48% |
Average DrawdownAverage peak-to-trough decline | -34.83% | -9.53% | -25.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 1.73% | +1.90% |
Volatility
GCC vs. DHS - Volatility Comparison
WisdomTree Enhanced Commodity Strategy Fund (GCC) has a higher volatility of 4.06% compared to WisdomTree US High Dividend Fund (DHS) at 3.61%. This indicates that GCC's price experiences larger fluctuations and is considered to be riskier 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
| GCC | DHS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 3.61% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 15.27% | 7.53% | +7.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.10% | 10.20% | +6.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.93% | 13.88% | +3.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.79% | 16.08% | -1.29% |
GCC vs. DHS - Expense Ratio Comparison
GCC has a 0.55% expense ratio, which is higher than DHS's 0.38% expense ratio.
Dividends
GCC vs. DHS - Dividend Comparison
GCC's dividend yield for the trailing twelve months is around 6.14%, more than DHS's 3.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHS WisdomTree US High Dividend Fund | 3.27% | 3.32% | 3.66% | 4.31% | 3.42% | 3.29% | 4.14% | 3.69% | 3.76% | 3.00% | 3.25% | 3.53% |
GCC WisdomTree Enhanced Commodity Strategy Fund | 6.14% | 6.64% | 3.51% | 3.68% | 22.49% | 9.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GCC and DHS have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GCC has higher volatility (4.06%) compared to DHS (3.61%). In terms of maximum drawdown, GCC dropped -63.19% vs DHS's -67.25%.
On 10-year performance, DHS leads with 9.73% vs 5.86% for GCC. On fees, DHS is cheaper at 0.38% per year. On volatility, DHS has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DHS has performed better with a 9.73% return vs 5.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DHS is cheaper with a 0.38% expense ratio, compared with 0.55% for GCC.
GCC has the higher dividend yield at 6.14%, compared with 3.27% for DHS.
GCC is categorized as Commodities, while DHS is Large Cap Value Equities. Their fees differ too: 0.55% for GCC and 0.38% for DHS.
DHS currently has the higher Sharpe Ratio (2.21 vs 1.27), 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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