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IBM vs. DLN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

IBM vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in International Business Machines Corporation (IBM) and WisdomTree US LargeCap Dividend ETF (DLN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IBM achieves a -6.89% return, which is significantly lower than DLN's 10.67% return. Over the past 10 years, IBM has underperformed DLN with an annualized return of 11.09%, while DLN has yielded a comparatively higher 12.82% annualized return.


IBM

1D
-0.95%
1M
26.84%
YTD
-6.89%
6M
-10.81%
1Y
-0.65%
3Y*
29.65%
5Y*
18.01%
10Y*
11.09%

DLN

1D
0.74%
1M
2.26%
YTD
10.67%
6M
10.77%
1Y
21.75%
3Y*
17.97%
5Y*
12.38%
10Y*
12.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IBM vs. DLN - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
IBM
International Business Machines Corporation
-6.89%38.23%39.27%21.85%10.64%16.65%-1.16%23.58%-22.56%-3.99%
DLN
WisdomTree US LargeCap Dividend ETF
10.67%15.53%19.66%9.95%-3.78%25.60%4.59%28.91%-5.82%18.22%

Correlation

The correlation between IBM and DLN is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.34

Correlation (3Y)
Calculated over the trailing 3-year period

0.47

Correlation (5Y)
Calculated over the trailing 5-year period

0.54

Correlation (10Y)
Calculated over the trailing 10-year period

0.61

Correlation (All Time)
Calculated using the full available price history since Jun 16, 2006

0.64

Over the past year, the correlation between IBM and DLN has dropped to 0.34 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

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Return for Risk

IBM vs. DLN — Risk / Return Rank

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

IBM
IBM Risk / Return Rank: 4141
Overall Rank
IBM Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
IBM Sortino Ratio Rank: 3838
Sortino Ratio Rank
IBM Omega Ratio Rank: 3838
Omega Ratio Rank
IBM Calmar Ratio Rank: 4242
Calmar Ratio Rank
IBM Martin Ratio Rank: 4242
Martin Ratio Rank

DLN
DLN Risk / Return Rank: 8484
Overall Rank
DLN Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
DLN Sortino Ratio Rank: 8787
Sortino Ratio Rank
DLN Omega Ratio Rank: 8383
Omega Ratio Rank
DLN Calmar Ratio Rank: 7979
Calmar Ratio Rank
DLN Martin Ratio Rank: 8585
Martin Ratio Rank
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.

IBM vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for International Business Machines Corporation (IBM) and WisdomTree US LargeCap Dividend ETF (DLN). 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.


IBMDLNDifference
Sharpe ratioReturn per unit of total volatility

-2.44

Sortino ratioReturn per unit of downside risk

-3.20

Omega ratioGain probability vs. loss probability

1.04

1.43

-0.40

Calmar ratioReturn relative to maximum drawdown

-0.02

3.58

-3.60

Martin ratioReturn relative to average drawdown

-0.05

15.07

-15.12

IBM vs. DLN - Sharpe Ratio Comparison

The current IBM Sharpe Ratio is -0.02, which is lower than the DLN Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of IBM and DLN, 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

IBM vs. DLN - Drawdown Comparison

The maximum IBM drawdown since its inception was -69.40%, which is greater than DLN's maximum drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for IBM and DLN.


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Drawdown Indicators


IBMDLNDifference

Max Drawdown

Largest peak-to-trough decline

-69.40%

-57.84%

-11.56%

Max Drawdown (1Y)

Largest decline over 1 year

-30.96%

-6.10%

-24.86%

Max Drawdown (3Y)

Largest decline over 3 years

-30.96%

-13.71%

-17.25%

Max Drawdown (5Y)

Largest decline over 5 years

-30.96%

-16.26%

-14.70%

Max Drawdown (10Y)

Largest decline over 10 years

-40.59%

-35.82%

-4.77%

Current Drawdown

Current decline from peak

-17.31%

-0.08%

-17.23%

Average Drawdown

Average peak-to-trough decline

-20.12%

-7.51%

-12.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.38%

1.45%

+12.93%

Volatility

IBM vs. DLN - Volatility Comparison

International Business Machines Corporation (IBM) has a higher volatility of 21.43% compared to WisdomTree US LargeCap Dividend ETF (DLN) at 2.77%. This indicates that IBM's price experiences larger fluctuations and is considered to be riskier than DLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IBMDLNDifference

Volatility (1M)

Calculated over the trailing 1-month period

21.43%

2.77%

+18.66%

Volatility (6M)

Calculated over the trailing 6-month period

34.62%

6.98%

+27.64%

Volatility (1Y)

Calculated over the trailing 1-year period

39.45%

9.03%

+30.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.16%

13.29%

+13.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.59%

16.16%

+10.43%

Dividends

IBM vs. DLN - Dividend Comparison

IBM's dividend yield for the trailing twelve months is around 2.47%, more than DLN's 1.78% yield.


PositionTTM20252024202320222021202020192018201720162015
DLN
WisdomTree US LargeCap Dividend ETF
1.78%1.90%2.00%2.43%2.53%2.01%2.66%2.51%2.90%2.33%2.64%2.80%
IBM
International Business Machines Corporation
2.47%2.27%3.03%4.05%4.68%4.74%5.17%4.80%5.46%3.85%3.31%3.63%

Frequently Asked Questions


IBM and DLN have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IBM has higher volatility (21.43%) compared to DLN (2.77%). In terms of maximum drawdown, IBM dropped -69.40% vs DLN's -57.84%.

DLN currently has the higher Sharpe Ratio (2.42 vs -0.02), 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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