STNC vs. DLN

Last updated Aug 2, 2026

STNC (Hennessy Stance ESG ETF) and DLN (WisdomTree U.S. LargeCap Dividend Fund) are both exchange-traded funds - STNC is a Large Cap Growth Equities fund actively managed by Hennessy, while DLN is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Dividend Index. STNC is actively managed, while DLN is passively managed. Over the past 5 years, STNC returned 7.12%/yr vs 12.42%/yr for DLN. Their correlation of 0.85 means they have usually moved in the same direction. STNC charges 0.85%/yr vs 0.28%/yr for DLN.

Performance

STNC vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hennessy Stance ESG ETF (STNC) and WisdomTree U.S. LargeCap Dividend Fund (DLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STNC achieves a 11.50% return, which is significantly lower than DLN's 13.03% return.

STNC

• 1D: -0.02%
• 1M: -0.41%
• 6M: 6.93%
• YTD: 11.50%
• 1Y: 20.36%
• 3Y*: 11.71%
• 5Y*: 7.12%
• 10Y*: —
• ALL TIME*: 8.09%

DLN

• 1D: 0.27%
• 1M: 1.58%
• 6M: 9.25%
• YTD: 13.03%
• 1Y: 21.73%
• 3Y*: 17.15%
• 5Y*: 12.42%
• 10Y*: 12.60%
• ALL TIME*: 9.86%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DLN WisdomTree U.S. LargeCap Dividend Fund	$9.42M	$12.19M	$12.33M
STNC Hennessy Stance ESG ETF	$80.91K	$76.39K	$55.00K

STNC vs. DLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
STNC Hennessy Stance ESG ETF	11.50%	10.33%	8.92%	11.49%	-13.10%	17.04%
DLN WisdomTree U.S. LargeCap Dividend Fund	13.03%	15.53%	19.66%	9.95%	-3.78%	19.17%

Correlation

The correlation between STNC and DLN is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (All Time) Calculated using the full available price history since Mar 16, 2021	0.85

The correlation between STNC and DLN shifts across timeframes, from 0.76 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.

STNC vs. DLN - Sectors Allocation Comparison

Sectors	STNC	DLN
Technology	27.3%	21.6%
Consumer Cyclical	17.9%	4.9%
Healthcare	12.7%	13.4%
Industrials	11.6%	8.0%
Consumer Defensive	6.9%	9.0%
Financial Services	6.3%	17.7%
Communication Services	6.2%	7.7%
Utilities	4.6%	5.7%
Basic Materials	3.5%	1.0%
Real Estate	3.0%	3.9%
Energy	-	7.0%

Return for Risk

STNC vs. DLN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

STNC

STNC Risk / Return Rank: 58
STNC Sharpe Ratio Rank: 54
STNC Sortino Ratio Rank: 58
STNC Omega Ratio Rank: 50
STNC Calmar Ratio Rank: 68
STNC Martin Ratio Rank: 60

DLN

DLN Risk / Return Rank: 90
DLN Sharpe Ratio Rank: 91
DLN Sortino Ratio Rank: 91
DLN Omega Ratio Rank: 90
DLN Calmar Ratio Rank: 87
DLN Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

STNC vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hennessy Stance ESG ETF (STNC) and WisdomTree U.S. LargeCap Dividend Fund (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.

	STNC	DLN	Difference
Sharpe ratio: Return per unit of total volatility	1.32	2.31	-0.99
Sortino ratio: Return per unit of downside risk	1.99	3.28	-1.29
Omega ratio: Gain probability vs. loss probability	1.23	1.42	-0.19
Calmar ratio: Return relative to maximum drawdown	2.39	3.41	-1.02
Martin ratio: Return relative to average drawdown	7.25	14.33	-7.09

STNC vs. DLN - Sharpe Ratio Comparison

The current STNC Sharpe Ratio is 1.32, which is lower than the DLN Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of STNC 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.

Drawdowns

STNC vs. DLN - Drawdown Comparison

The maximum STNC drawdown since its inception was -22.33%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for STNC and DLN.

Drawdown Indicators

	STNC	DLN	Difference
Max Drawdown Largest peak-to-trough decline	-22.33%	-57.84%	+35.51%
Max Drawdown (1Y) Largest decline over 1 year	-8.09%	-6.10%	-1.99%
Max Drawdown (3Y) Largest decline over 3 years	-17.90%	-13.71%	-4.19%
Max Drawdown (5Y) Largest decline over 5 years	-22.33%	-16.26%	-6.07%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.82%	—
Current Drawdown Current decline from peak	-4.06%	-0.43%	-3.63%
Average Drawdown Average peak-to-trough decline	-5.82%	-7.47%	+1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	1.45%	+1.21%

Volatility

STNC vs. DLN - Volatility Comparison

Hennessy Stance ESG ETF (STNC) has a higher volatility of 3.41% compared to WisdomTree U.S. LargeCap Dividend Fund (DLN) at 2.35%. This indicates that STNC'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.

Volatility by Period

	STNC	DLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	2.35%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	12.08%	6.89%	+5.19%
Volatility (1Y) Calculated over the trailing 1-year period	14.71%	9.03%	+5.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.74%	13.24%	+2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.46%	16.12%	-0.66%

STNC vs. DLN - Expense Ratio Comparison

STNC has a 0.85% expense ratio, which is higher than DLN's 0.28% expense ratio.

Dividends

STNC vs. DLN - Dividend Comparison

STNC's dividend yield for the trailing twelve months is around 0.91%, less than DLN's 1.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLN WisdomTree U.S. LargeCap Dividend Fund	1.75%	1.90%	2.00%	2.43%	2.53%	2.01%	2.66%	2.51%	2.90%	2.33%	2.64%	2.80%
STNC Hennessy Stance ESG ETF	0.91%	1.02%	0.96%	0.08%	0.58%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STNC and DLN in my portfolio?

STNC and DLN have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STNC or DLN?

STNC has higher volatility (3.41%) compared to DLN (2.35%). In terms of maximum drawdown, STNC dropped -22.33% vs DLN's -57.84%.

Which ETF is better, STNC or DLN?

On 5-year performance, DLN leads with 12.42% vs 7.12% for STNC. On fees, DLN is cheaper at 0.28% per year. On volatility, DLN has been the lower-risk option at 2.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STNC or DLN?

Over the 5-year period, DLN has performed better with a 12.42% return vs 7.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STNC or DLN?

DLN is cheaper with a 0.28% expense ratio, compared with 0.85% for STNC.

Which ETF pays a higher dividend yield, STNC or DLN?

DLN has the higher dividend yield at 1.75%, compared with 0.91% for STNC.

What is the main difference between STNC and DLN?

STNC is categorized as Large Cap Growth Equities, while DLN is Large Cap Value Equities. They also come from different issuers: Hennessy and WisdomTree. Their fees differ too: 0.85% for STNC and 0.28% for DLN.

Which has better risk-adjusted returns?

DLN currently has the higher Sharpe Ratio (2.31 vs 1.32), 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.