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INDH vs. DHS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

INDH vs. DHS

Last updated Jun 4, 2026

INDH (WisdomTree India Hedged Equity Fund) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - INDH is a Asia Pacific Equities fund tracking the WisdomTree India Hedged Equity Index, while DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. Both are passively managed. Over the past year, INDH returned -4.33% vs 20.55% for DHS. At a 0.27 correlation, their price movements are largely independent. INDH charges 0.64%/yr vs 0.38%/yr for DHS.

Performance

INDH vs. DHS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree India Hedged Equity Fund (INDH) and WisdomTree US High Dividend Fund (DHS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, INDH achieves a -8.93% return, which is significantly lower than DHS's 9.88% return.

INDH

1D
-0.91%
1M
-2.65%
YTD
-8.93%
6M
-8.40%
1Y
-4.33%
3Y*
—
5Y*
—
10Y*
—

DHS

1D
-0.67%
1M
-0.16%
YTD
9.88%
6M
10.38%
1Y
20.55%
3Y*
16.39%
5Y*
10.59%
10Y*
9.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

INDH vs. DHS - Yearly Performance Comparison

2026 (YTD)20252024
INDH
WisdomTree India Hedged Equity Fund		-8.93%6.76%5.05%
DHS
WisdomTree US High Dividend Fund		9.88%12.87%11.56%

Correlation

The correlation between INDH and DHS is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.29

Correlation (All Time)
Calculated using the full available price history since May 10, 2024

0.27

INDH vs. DHS - Sectors Allocation Comparison

Sectors
INDH
DHS

Financial Services

23.5%
22.3%

Energy

13.0%
9.4%

Consumer Cyclical

12.9%
5.0%

Technology

10.0%
3.7%

Basic Materials

9.1%
1.2%

Consumer Defensive

7.6%
18.7%

Industrials

7.4%
4.1%

Utilities

5.8%
9.0%

Healthcare

5.6%
14.5%

Communication Services

4.8%
9.3%

Real Estate

0.4%
2.8%

Financial Services

INDH
23.5%
DHS
22.3%

Energy

INDH
13.0%
DHS
9.4%

Consumer Cyclical

INDH
12.9%
DHS
5.0%

Technology

INDH
10.0%
DHS
3.7%

Basic Materials

INDH
9.1%
DHS
1.2%

Consumer Defensive

INDH
7.6%
DHS
18.7%

Industrials

INDH
7.4%
DHS
4.1%

Utilities

INDH
5.8%
DHS
9.0%

Healthcare

INDH
5.6%
DHS
14.5%

Communication Services

INDH
4.8%
DHS
9.3%

Real Estate

INDH
0.4%
DHS
2.8%

Compare stocks, funds, or ETFs

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WisdomTree India Hedged Equity Fund

WisdomTree US High Dividend Fund

Often compared with INDH:
INDH vs. FLININDH vs. INDAINDH vs. EEMAINDH vs. FLKRINDH vs. EWSINDH vs. ADIVINDH vs. EWY
Often compared with DHS:
DHS vs. SCHDDHS vs. SPHDDHS vs. DGRODHS vs. JEPIDHS vs. FDVVDHS vs. DTDDHS vs. SPY

Return for Risk

INDH vs. DHS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
INDH
INDH Risk / Return Rank: 55
Overall Rank
INDH Sharpe Ratio Rank: 66
Sharpe Ratio Rank
INDH Sortino Ratio Rank: 55
Sortino Ratio Rank
INDH Omega Ratio Rank: 55
Omega Ratio Rank
INDH Calmar Ratio Rank: 66
Calmar Ratio Rank
INDH Martin Ratio Rank: 55
Martin Ratio Rank
DHS
DHS Risk / Return Rank: 6262
Overall Rank
DHS Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
DHS Sortino Ratio Rank: 6666
Sortino Ratio Rank
DHS Omega Ratio Rank: 5757
Omega Ratio Rank
DHS Calmar Ratio Rank: 6565
Calmar Ratio Rank
DHS Martin Ratio Rank: 6565
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.

INDH vs. DHS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree India Hedged Equity Fund (INDH) 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.

INDHDHSDifference

Sharpe ratio

Return per unit of total volatility

-0.34

2.06

-2.40

Sortino ratio

Return per unit of downside risk

-0.39

3.09

-3.49

Omega ratio

Gain probability vs. loss probability

0.95

1.35

-0.40

Calmar ratio

Return relative to maximum drawdown

-0.34

3.28

-3.61

Martin ratio

Return relative to average drawdown

-0.93

12.04

-12.97

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INDH vs. DHS - Sharpe Ratio Comparison

The current INDH Sharpe Ratio is -0.34, which is lower than the DHS Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of INDH and DHS, 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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Sharpe Ratios by Period

INDHDHSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.34

2.06

-2.40

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.77

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.59

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.07

0.41

-0.33

Drawdowns

INDH vs. DHS - Drawdown Comparison

The maximum INDH drawdown since its inception was -15.05%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for INDH and DHS.

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Drawdown Indicators

INDHDHSDifference

Max Drawdown

Largest peak-to-trough decline

-15.05%

-67.25%

+52.20%

Max Drawdown (1Y)

Largest decline over 1 year

-12.94%

-6.30%

-6.64%

Max Drawdown (3Y)

Largest decline over 3 years

—

-11.87%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-15.28%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.35%

—

Current Drawdown

Current decline from peak

-10.96%

-2.60%

-8.36%

Average Drawdown

Average peak-to-trough decline

-5.67%

-9.55%

+3.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.68%

1.71%

+2.97%

Volatility

INDH vs. DHS - Volatility Comparison

WisdomTree India Hedged Equity Fund (INDH) has a higher volatility of 4.02% compared to WisdomTree US High Dividend Fund (DHS) at 2.88%. This indicates that INDH'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

INDHDHSDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.02%

2.88%

+1.14%

Volatility (6M)

Calculated over the trailing 6-month period

11.50%

7.32%

+4.18%

Volatility (1Y)

Calculated over the trailing 1-year period

12.93%

10.01%

+2.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.43%

13.89%

+0.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.43%

16.08%

-1.65%

INDH vs. DHS - Expense Ratio Comparison

INDH has a 0.64% expense ratio, which is higher than DHS's 0.38% expense ratio.

Dividends

INDH vs. DHS - Dividend Comparison

INDH's dividend yield for the trailing twelve months is around 5.77%, more than DHS's 3.35% yield.

PositionTTM20252024202320222021202020192018201720162015
DHS
WisdomTree US High Dividend Fund		3.35%3.32%3.66%4.31%3.42%3.29%4.14%3.69%3.76%3.00%3.25%3.53%
INDH
WisdomTree India Hedged Equity Fund		5.77%5.25%0.31%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

INDH and DHS have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

INDH has higher volatility (4.02%) compared to DHS (2.88%). In terms of maximum drawdown, INDH dropped -15.05% vs DHS's -67.25%.

On 1-year performance, DHS leads with 20.55% vs -4.33% for INDH. On fees, DHS is cheaper at 0.38% per year. On volatility, DHS has been the lower-risk option at 2.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, DHS has performed better with a 20.55% return vs -4.33%. 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 0.64% for INDH.

INDH has the higher dividend yield at 5.77%, compared with 3.35% for DHS.

INDH is categorized as Asia Pacific Equities, while DHS is Large Cap Value Equities. INDH tracks WisdomTree India Hedged Equity Index, while DHS tracks WisdomTree U.S. High Dividend Index. Their fees differ too: 0.64% for INDH and 0.38% for DHS.

DHS currently has the higher Sharpe Ratio (2.06 vs -0.34), 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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