SUSA vs. DLN

Last updated Jun 5, 2026

SUSA (iShares MSCI USA ESG Select ETF) and DLN (WisdomTree US LargeCap Dividend ETF) are both Large Cap Growth Equities funds - SUSA tracks the MSCI USA ESG Select Index while DLN tracks the WisdomTree LargeCap Dividend Index. Both are passively managed. Over the past 10 years, SUSA returned 15.03%/yr vs 12.72%/yr for DLN. Their correlation of 0.90 suggests significant overlap in exposure. SUSA charges 0.25%/yr vs 0.28%/yr for DLN.

Performance

SUSA vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA ESG Select ETF (SUSA) and WisdomTree US LargeCap Dividend ETF (DLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SUSA achieves a 11.51% return, which is significantly higher than DLN's 10.76% return. Over the past 10 years, SUSA has outperformed DLN with an annualized return of 15.03%, while DLN has yielded a comparatively lower 12.72% annualized return.

SUSA

• 1D: 0.36%
• 1M: 5.24%
• YTD: 11.51%
• 6M: 11.01%
• 1Y: 26.81%
• 3Y*: 21.19%
• 5Y*: 11.94%
• 10Y*: 15.03%

DLN

• 1D: 0.76%
• 1M: 3.16%
• YTD: 10.76%
• 6M: 10.83%
• 1Y: 23.83%
• 3Y*: 18.78%
• 5Y*: 12.39%
• 10Y*: 12.72%

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

SUSA vs. DLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SUSA iShares MSCI USA ESG Select ETF	11.51%	15.72%	22.43%	23.88%	-21.38%	30.45%	24.66%	32.10%	-5.67%	22.52%
DLN WisdomTree US LargeCap Dividend ETF	10.76%	15.53%	19.66%	9.95%	-3.78%	25.60%	4.59%	28.91%	-5.82%	18.22%

Correlation

The correlation between SUSA and DLN is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jun 19, 2006	0.90

The correlation between SUSA and DLN shifts across timeframes, from 0.77 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.

SUSA vs. DLN - Sectors Allocation Comparison

Sectors	SUSA	DLN
Technology	39.4%	20.1%
Financial Services	11.9%	18.0%
Industrials	10.2%	7.9%
Healthcare	9.0%	12.6%
Communication Services	8.5%	7.8%
Consumer Cyclical	6.9%	5.0%
Energy	3.9%	8.5%
Consumer Defensive	3.5%	9.3%
Real Estate	3.1%	4.0%
Basic Materials	2.5%	1.0%
Utilities	1.3%	5.9%

Return for Risk

SUSA vs. DLN — Risk / Return Rank

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

SUSA

SUSA Risk / Return Rank: 65
SUSA Sharpe Ratio Rank: 67
SUSA Sortino Ratio Rank: 66
SUSA Omega Ratio Rank: 66
SUSA Calmar Ratio Rank: 57
SUSA Martin Ratio Rank: 67

DLN

DLN Risk / Return Rank: 83
DLN Sharpe Ratio Rank: 83
DLN Sortino Ratio Rank: 86
DLN Omega Ratio Rank: 82
DLN Calmar Ratio Rank: 78
DLN Martin Ratio Rank: 83

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.

SUSA vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA ESG Select ETF (SUSA) 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.

	SUSA	DLN	Difference
Sharpe ratio: Return per unit of total volatility	2.18	2.70	-0.52
Sortino ratio: Return per unit of downside risk	3.00	3.86	-0.86
Omega ratio: Gain probability vs. loss probability	1.39	1.49	-0.10
Calmar ratio: Return relative to maximum drawdown	2.77	3.93	-1.15
Martin ratio: Return relative to average drawdown	12.27	16.60	-4.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SUSA vs. DLN - Sharpe Ratio Comparison

The current SUSA Sharpe Ratio is 2.18, which is comparable to the DLN Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of SUSA 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.

Sharpe Ratios by Period

	SUSA	DLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	2.70	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.94	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	0.79	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.53	+0.04

Drawdowns

SUSA vs. DLN - Drawdown Comparison

The maximum SUSA drawdown since its inception was -53.93%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for SUSA and DLN.

Drawdown Indicators

	SUSA	DLN	Difference
Max Drawdown Largest peak-to-trough decline	-53.93%	-57.84%	+3.91%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	-6.10%	-3.61%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	-13.71%	-5.59%
Max Drawdown (5Y) Largest decline over 5 years	-28.23%	-16.26%	-11.97%
Max Drawdown (10Y) Largest decline over 10 years	-32.93%	-35.82%	+2.89%
Current Drawdown Current decline from peak	-0.52%	0.00%	-0.52%
Average Drawdown Average peak-to-trough decline	-7.24%	-7.52%	+0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	1.44%	+0.75%

Volatility

SUSA vs. DLN - Volatility Comparison

iShares MSCI USA ESG Select ETF (SUSA) has a higher volatility of 3.17% compared to WisdomTree US LargeCap Dividend ETF (DLN) at 2.22%. This indicates that SUSA'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

	SUSA	DLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	2.22%	+0.95%
Volatility (6M) Calculated over the trailing 6-month period	9.58%	6.80%	+2.78%
Volatility (1Y) Calculated over the trailing 1-year period	12.36%	8.89%	+3.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.33%	13.27%	+4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.15%	16.15%	+2.00%

SUSA vs. DLN - Expense Ratio Comparison

SUSA has a 0.25% expense ratio, which is lower than DLN's 0.28% expense ratio.

Dividends

SUSA vs. DLN - Dividend Comparison

SUSA's dividend yield for the trailing twelve months is around 0.82%, less than DLN's 1.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SUSA iShares MSCI USA ESG Select ETF	0.82%	0.89%	1.15%	1.32%	1.52%	0.98%	1.17%	1.52%	1.72%	1.40%	1.56%	1.42%

Frequently Asked Questions

Can I hold both SUSA and DLN in my portfolio?

SUSA and DLN have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SUSA or DLN?

SUSA has higher volatility (3.17%) compared to DLN (2.22%). In terms of maximum drawdown, SUSA dropped -53.93% vs DLN's -57.84%.

Which ETF is better, SUSA or DLN?

On 10-year performance, SUSA leads with 15.03% vs 12.72% for DLN. On fees, SUSA is cheaper at 0.25% per year. On volatility, DLN has been the lower-risk option at 2.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SUSA or DLN?

Over the 10-year period, SUSA has performed better with a 15.03% return vs 12.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SUSA or DLN?

SUSA is cheaper with a 0.25% expense ratio, compared with 0.28% for DLN.

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

DLN has the higher dividend yield at 1.78%, compared with 0.82% for SUSA.

What is the main difference between SUSA and DLN?

SUSA tracks MSCI USA ESG Select Index, while DLN tracks WisdomTree LargeCap Dividend Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.25% for SUSA and 0.28% for DLN.

Which has better risk-adjusted returns?

DLN currently has the higher Sharpe Ratio (2.70 vs 2.18), 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.