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IJS vs. DLS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJS vs. DLS

Last updated Jun 14, 2026

IJS (iShares S&P SmallCap 600 Value ETF) and DLS (WisdomTree International SmallCap Dividend) are both exchange-traded funds - IJS is a Small Cap Value Equities fund tracking the S&P SmallCap 600 Value Index, while DLS is a Foreign Small & Mid Cap Equities fund tracking the WisdomTree International SmallCap Dividend Index. Both are passively managed. Over the past 10 years, IJS returned 10.54%/yr vs 8.07%/yr for DLS. A 0.70 correlation means they provide meaningful diversification when combined. IJS charges 0.25%/yr vs 0.58%/yr for DLS.

Performance

IJS vs. DLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P SmallCap 600 Value ETF (IJS) and WisdomTree International SmallCap Dividend (DLS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IJS achieves a 19.33% return, which is significantly higher than DLS's 7.56% return. Over the past 10 years, IJS has outperformed DLS with an annualized return of 10.54%, while DLS has yielded a comparatively lower 8.07% annualized return.

IJS

1D
1.07%
1M
7.82%
YTD
19.33%
6M
16.46%
1Y
41.83%
3Y*
14.27%
5Y*
6.19%
10Y*
10.54%

DLS

1D
0.13%
1M
0.56%
YTD
7.56%
6M
9.92%
1Y
23.02%
3Y*
16.92%
5Y*
6.78%
10Y*
8.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJS vs. DLS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IJS
iShares S&P SmallCap 600 Value ETF		19.33%6.54%7.33%14.68%-11.34%30.53%2.63%24.11%-12.86%11.35%
DLS
WisdomTree International SmallCap Dividend		7.56%34.11%3.06%15.33%-17.31%11.71%-1.28%22.20%-18.95%31.83%

Correlation

The correlation between IJS and DLS is 0.64, 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

0.64

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

0.65

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

0.68

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

0.65

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

0.70

The correlation between IJS and DLS has been stable across timeframes, ranging from 0.64 to 0.70 - a consistent structural relationship.

IJS vs. DLS - Sectors Allocation Comparison

Sectors
IJS
DLS

Financial Services

19.4%
13.4%

Consumer Cyclical

15.4%
12.7%

Technology

13.4%
8.9%

Industrials

11.6%
27.8%

Real Estate

8.6%
7.6%

Healthcare

7.3%
3.6%

Energy

7.0%
2.7%

Basic Materials

6.9%
9.2%

Communication Services

4.4%
4.3%

Consumer Defensive

3.9%
7.6%

Utilities

2.1%
2.0%

Financial Services

IJS
19.4%
DLS
13.4%

Consumer Cyclical

IJS
15.4%
DLS
12.7%

Technology

IJS
13.4%
DLS
8.9%

Industrials

IJS
11.6%
DLS
27.8%

Real Estate

IJS
8.6%
DLS
7.6%

Healthcare

IJS
7.3%
DLS
3.6%

Energy

IJS
7.0%
DLS
2.7%

Basic Materials

IJS
6.9%
DLS
9.2%

Communication Services

IJS
4.4%
DLS
4.3%

Consumer Defensive

IJS
3.9%
DLS
7.6%

Utilities

IJS
2.1%
DLS
2.0%

Compare stocks, funds, or ETFs

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

iShares S&P SmallCap 600 Value ETF

WisdomTree International SmallCap Dividend

Often compared with IJS:
IJS vs. IJRIJS vs. AVUVIJS vs. VBRIJS vs. VIOVIJS vs. IWNIJS vs. VOOIJS vs. ISCV
Often compared with DLS:
DLS vs. AVDVDLS vs. DDLSDLS vs. VSSDLS vs. DGSDLS vs. ISVLDLS vs. FNDCDLS vs. VEA

Return for Risk

IJS vs. DLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IJS
IJS Risk / Return Rank: 7979
Overall Rank
IJS Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
IJS Sortino Ratio Rank: 7979
Sortino Ratio Rank
IJS Omega Ratio Rank: 7272
Omega Ratio Rank
IJS Calmar Ratio Rank: 8686
Calmar Ratio Rank
IJS Martin Ratio Rank: 8282
Martin Ratio Rank
DLS
DLS Risk / Return Rank: 5050
Overall Rank
DLS Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
DLS Sortino Ratio Rank: 5353
Sortino Ratio Rank
DLS Omega Ratio Rank: 5252
Omega Ratio Rank
DLS Calmar Ratio Rank: 4545
Calmar Ratio Rank
DLS Martin Ratio Rank: 4848
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.

IJS vs. DLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P SmallCap 600 Value ETF (IJS) and WisdomTree International SmallCap Dividend (DLS). 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.

IJSDLSDifference
Sharpe ratioReturn per unit of total volatility
2.13
1.58

+0.56

Sortino ratioReturn per unit of downside risk
3.02
2.27

+0.75

Omega ratioGain probability vs. loss probability

1.36

1.29

+0.08

Calmar ratioReturn relative to maximum drawdown

4.22

1.97

+2.25

Martin ratioReturn relative to average drawdown

13.93

7.11

+6.82

IJS vs. DLS - Sharpe Ratio Comparison

The current IJS Sharpe Ratio is 2.13, which is higher than the DLS Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of IJS and DLS, 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

IJS vs. DLS - Drawdown Comparison

The maximum IJS drawdown since its inception was -60.11%, roughly equal to the maximum DLS drawdown of -63.13%. Use the drawdown chart below to compare losses from any high point for IJS and DLS.

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Drawdown Indicators

IJSDLSDifference

Max Drawdown

Largest peak-to-trough decline

-60.11%

-63.13%

+3.02%

Max Drawdown (1Y)

Largest decline over 1 year

-9.28%

-11.04%

+1.76%

Max Drawdown (3Y)

Largest decline over 3 years

-28.65%

-12.69%

-15.96%

Max Drawdown (5Y)

Largest decline over 5 years

-28.65%

-32.22%

+3.57%

Max Drawdown (10Y)

Largest decline over 10 years

-47.68%

-44.77%

-2.91%

Current Drawdown

Current decline from peak

0.00%

-2.36%

+2.36%

Average Drawdown

Average peak-to-trough decline

-9.88%

-13.63%

+3.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.82%

3.06%

-0.24%

Volatility

IJS vs. DLS - Volatility Comparison

iShares S&P SmallCap 600 Value ETF (IJS) and WisdomTree International SmallCap Dividend (DLS) have volatilities of 4.88% and 4.90%, 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

IJSDLSDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.88%

4.90%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

11.65%

11.48%

+0.17%

Volatility (1Y)

Calculated over the trailing 1-year period

18.38%

13.81%

+4.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.99%

15.64%

+6.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.60%

16.68%

+6.92%

IJS vs. DLS - Expense Ratio Comparison

IJS has a 0.25% expense ratio, which is lower than DLS's 0.58% expense ratio.

Dividends

IJS vs. DLS - Dividend Comparison

IJS's dividend yield for the trailing twelve months is around 1.25%, less than DLS's 3.47% yield.

PositionTTM20252024202320222021202020192018201720162015
DLS
WisdomTree International SmallCap Dividend		3.47%3.87%4.56%4.29%4.96%3.29%2.50%3.37%3.66%2.79%3.29%2.72%
IJS
iShares S&P SmallCap 600 Value ETF		1.25%1.62%1.78%1.42%1.46%1.52%1.00%1.66%1.75%1.41%1.22%1.59%

Frequently Asked Questions

IJS and DLS have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DLS has higher volatility (4.90%) compared to IJS (4.88%). In terms of maximum drawdown, IJS dropped -60.11% vs DLS's -63.13%.

On 10-year performance, IJS leads with 10.54% vs 8.07% for DLS. On fees, IJS is cheaper at 0.25% 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, IJS has performed better with a 10.54% return vs 8.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IJS is cheaper with a 0.25% expense ratio, compared with 0.58% for DLS.

DLS has the higher dividend yield at 3.47%, compared with 1.25% for IJS.

IJS is categorized as Small Cap Value Equities, while DLS is Foreign Small & Mid Cap Equities. IJS tracks S&P SmallCap 600 Value Index, while DLS tracks WisdomTree International SmallCap Dividend Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.25% for IJS and 0.58% for DLS.

IJS currently has the higher Sharpe Ratio (2.13 vs 1.58), 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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