MOTI vs. DWMF

Last updated Jun 25, 2026

MOTI (VanEck Vectors Morningstar International Moat ETF) and DWMF (WisdomTree International Multifactor Fund) are both Foreign Large Cap Equities funds. MOTI is passively managed, while DWMF is actively managed. Over the past 5 years, MOTI returned 1.61%/yr vs 8.56%/yr for DWMF. A 0.72 correlation means they provide meaningful diversification when combined. MOTI charges 0.57%/yr vs 0.38%/yr for DWMF.

Performance

MOTI vs. DWMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Morningstar International Moat ETF (MOTI) 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, MOTI achieves a -10.36% return, which is significantly lower than DWMF's 4.61% return.

MOTI

• 1D: -0.48%
• 1M: -5.79%
• YTD: -10.36%
• 6M: -10.04%
• 1Y: -1.05%
• 3Y*: 5.51%
• 5Y*: 1.61%
• 10Y*: 6.45%

DWMF

• 1D: -0.49%
• 1M: 0.89%
• YTD: 4.61%
• 6M: 4.06%
• 1Y: 10.52%
• 3Y*: 14.02%
• 5Y*: 8.56%
• 10Y*: —

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

MOTI vs. DWMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MOTI VanEck Vectors Morningstar International Moat ETF	-10.36%	25.01%	1.94%	10.18%	-6.93%	0.03%	7.24%	17.63%	-11.91%
DWMF WisdomTree International Multifactor Fund	4.61%	24.42%	10.22%	10.78%	-7.31%	11.24%	-1.18%	16.10%	-7.26%

Correlation

The correlation between MOTI and DWMF is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Aug 10, 2018	0.72

The correlation between MOTI and DWMF has been stable across timeframes, ranging from 0.65 to 0.72 - a consistent structural relationship.

MOTI vs. DWMF - Sectors Allocation Comparison

Sectors	MOTI	DWMF
Industrials	23.0%	19.1%
Consumer Defensive	20.9%	11.3%
Healthcare	13.0%	9.1%
Consumer Cyclical	12.6%	5.8%
Technology	10.6%	4.5%
Basic Materials	9.3%	3.9%
Communication Services	7.3%	9.4%
Financial Services	3.4%	19.9%
Energy	-	1.9%
Real Estate	-	6.3%
Utilities	-	8.9%

Return for Risk

MOTI vs. DWMF — Risk / Return Rank

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

MOTI

MOTI Risk / Return Rank: 8
MOTI Sharpe Ratio Rank: 8
MOTI Sortino Ratio Rank: 8
MOTI Omega Ratio Rank: 8
MOTI Calmar Ratio Rank: 8
MOTI Martin Ratio Rank: 8

DWMF

DWMF Risk / Return Rank: 27
DWMF Sharpe Ratio Rank: 27
DWMF Sortino Ratio Rank: 27
DWMF Omega Ratio Rank: 26
DWMF Calmar Ratio Rank: 27
DWMF Martin Ratio Rank: 27

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.

MOTI vs. DWMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Morningstar International Moat ETF (MOTI) 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.

	MOTI	DWMF	Difference
Sharpe ratio: Return per unit of total volatility	-0.07	0.91	-0.98
Sortino ratio: Return per unit of downside risk	-0.00	1.35	-1.36
Omega ratio: Gain probability vs. loss probability	1.00	1.17	-0.17
Calmar ratio: Return relative to maximum drawdown	-0.07	1.21	-1.28
Martin ratio: Return relative to average drawdown	-0.16	3.31	-3.47

MOTI vs. DWMF - Sharpe Ratio Comparison

The current MOTI Sharpe Ratio is -0.07, which is lower than the DWMF Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of MOTI 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

MOTI vs. DWMF - Drawdown Comparison

The maximum MOTI drawdown since its inception was -36.70%, which is greater than DWMF's maximum drawdown of -29.72%. Use the drawdown chart below to compare losses from any high point for MOTI and DWMF.

Drawdown Indicators

	MOTI	DWMF	Difference
Max Drawdown Largest peak-to-trough decline	-36.70%	-29.72%	-6.98%
Max Drawdown (1Y) Largest decline over 1 year	-15.61%	-8.74%	-6.87%
Max Drawdown (3Y) Largest decline over 3 years	-16.35%	-8.74%	-7.61%
Max Drawdown (5Y) Largest decline over 5 years	-28.77%	-17.00%	-11.77%
Max Drawdown (10Y) Largest decline over 10 years	-36.70%	—	—
Current Drawdown Current decline from peak	-15.61%	-4.63%	-10.98%
Average Drawdown Average peak-to-trough decline	-9.15%	-3.90%	-5.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.51%	3.19%	+3.32%

Volatility

MOTI vs. DWMF - Volatility Comparison

The current volatility for VanEck Vectors Morningstar International Moat ETF (MOTI) is 3.06%, while WisdomTree International Multifactor Fund (DWMF) has a volatility of 4.65%. This indicates that MOTI 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

	MOTI	DWMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.06%	4.65%	-1.59%
Volatility (6M) Calculated over the trailing 6-month period	11.08%	9.59%	+1.49%
Volatility (1Y) Calculated over the trailing 1-year period	14.41%	11.62%	+2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	11.36%	+6.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.82%	14.14%	+3.68%

MOTI vs. DWMF - Expense Ratio Comparison

MOTI has a 0.57% expense ratio, which is higher than DWMF's 0.38% expense ratio.

Dividends

MOTI vs. DWMF - Dividend Comparison

MOTI's dividend yield for the trailing twelve months is around 3.60%, more than DWMF's 2.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DWMF WisdomTree International Multifactor Fund	2.85%	2.80%	3.50%	4.01%	3.41%	3.54%	2.06%	2.77%	1.15%	0.00%	0.00%	0.00%
MOTI VanEck Vectors Morningstar International Moat ETF	3.60%	3.22%	4.79%	2.34%	3.27%	4.67%	2.14%	3.90%	3.73%	8.87%	1.33%	0.84%

Frequently Asked Questions

Can I hold both MOTI and DWMF in my portfolio?

MOTI and DWMF have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOTI or DWMF?

DWMF has higher volatility (4.65%) compared to MOTI (3.06%). In terms of maximum drawdown, MOTI dropped -36.70% vs DWMF's -29.72%.

Which ETF is better, MOTI or DWMF?

On 5-year performance, DWMF leads with 8.56% vs 1.61% for MOTI. On fees, DWMF is cheaper at 0.38% per year. On volatility, MOTI has been the lower-risk option at 3.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOTI or DWMF?

Over the 5-year period, DWMF has performed better with a 8.56% return vs 1.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOTI or DWMF?

DWMF is cheaper with a 0.38% expense ratio, compared with 0.57% for MOTI.

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

MOTI has the higher dividend yield at 3.60%, compared with 2.85% for DWMF.

What is the main difference between MOTI and DWMF?

They also come from different issuers: VanEck and WisdomTree. Their fees differ too: 0.57% for MOTI and 0.38% for DWMF.

Which has better risk-adjusted returns?

DWMF currently has the higher Sharpe Ratio (0.91 vs -0.07), 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.