UDI vs. DEW

Last updated Jun 4, 2026

UDI (USCF ESG Dividend Income Fund) and DEW (WisdomTree Global High Dividend Fund) are both Large Cap Value Equities funds. UDI is actively managed, while DEW is passively managed. Over the past 3 years, UDI returned 16.39%/yr vs 18.77%/yr for DEW. Their correlation of 0.86 suggests significant overlap in exposure. UDI charges 0.65%/yr vs 0.58%/yr for DEW.

Performance

UDI vs. DEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF ESG Dividend Income Fund (UDI) and WisdomTree Global High Dividend Fund (DEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UDI achieves a 9.46% return, which is significantly lower than DEW's 11.59% return.

UDI

• 1D: -0.16%
• 1M: 1.43%
• YTD: 9.46%
• 6M: 11.05%
• 1Y: 21.78%
• 3Y*: 16.39%
• 5Y*: —
• 10Y*: —

DEW

• 1D: -0.19%
• 1M: 0.84%
• YTD: 11.59%
• 6M: 12.75%
• 1Y: 25.31%
• 3Y*: 18.77%
• 5Y*: 10.67%
• 10Y*: 9.30%

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

UDI vs. DEW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UDI USCF ESG Dividend Income Fund	9.46%	14.23%	17.07%	6.35%	3.81%
DEW WisdomTree Global High Dividend Fund	11.59%	22.39%	11.58%	9.39%	-2.56%

Correlation

The correlation between UDI and DEW is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jun 9, 2022	0.86

The correlation between UDI and DEW has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.

UDI vs. DEW - Sectors Allocation Comparison

Sectors	UDI	DEW
Financial Services	29.5%	19.7%
Healthcare	16.8%	9.5%
Energy	11.9%	14.7%
Real Estate	8.7%	10.8%
Utilities	8.3%	10.8%
Technology	6.8%	2.5%
Communication Services	6.1%	4.1%
Basic Materials	4.2%	2.8%
Consumer Defensive	2.9%	8.9%
Industrials	2.5%	4.4%
Consumer Cyclical	2.4%	3.1%

Return for Risk

UDI vs. DEW — Risk / Return Rank

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

UDI

UDI Risk / Return Rank: 70
UDI Sharpe Ratio Rank: 65
UDI Sortino Ratio Rank: 67
UDI Omega Ratio Rank: 61
UDI Calmar Ratio Rank: 77
UDI Martin Ratio Rank: 77

DEW

DEW Risk / Return Rank: 80
DEW Sharpe Ratio Rank: 81
DEW Sortino Ratio Rank: 82
DEW Omega Ratio Rank: 78
DEW Calmar Ratio Rank: 78
DEW Martin Ratio Rank: 80

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.

UDI vs. DEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF ESG Dividend Income Fund (UDI) and WisdomTree Global High Dividend Fund (DEW). 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.

	UDI	DEW	Difference
Sharpe ratio: Return per unit of total volatility	2.15	2.64	-0.50
Sortino ratio: Return per unit of downside risk	3.07	3.70	-0.63
Omega ratio: Gain probability vs. loss probability	1.37	1.47	-0.10
Calmar ratio: Return relative to maximum drawdown	3.87	4.01	-0.14
Martin ratio: Return relative to average drawdown	14.72	15.80	-1.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UDI vs. DEW - Sharpe Ratio Comparison

The current UDI Sharpe Ratio is 2.15, which is comparable to the DEW Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of UDI and DEW, 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

	UDI	DEW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	2.64	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.28	+0.63

Drawdowns

UDI vs. DEW - Drawdown Comparison

The maximum UDI drawdown since its inception was -14.17%, smaller than the maximum DEW drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for UDI and DEW.

Drawdown Indicators

	UDI	DEW	Difference
Max Drawdown Largest peak-to-trough decline	-14.17%	-65.55%	+51.38%
Max Drawdown (1Y) Largest decline over 1 year	-5.66%	-6.34%	+0.68%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	-11.80%	-2.37%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.86%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.77%	—
Current Drawdown Current decline from peak	-0.97%	-1.29%	+0.32%
Average Drawdown Average peak-to-trough decline	-3.07%	-12.44%	+9.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.48%	1.61%	-0.13%

Volatility

UDI vs. DEW - Volatility Comparison

USCF ESG Dividend Income Fund (UDI) and WisdomTree Global High Dividend Fund (DEW) have volatilities of 2.67% and 2.79%, 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.

Volatility by Period

	UDI	DEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	2.79%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	6.95%	7.16%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	10.19%	9.61%	+0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.04%	12.99%	+1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.04%	15.53%	-1.49%

UDI vs. DEW - Expense Ratio Comparison

UDI has a 0.65% expense ratio, which is higher than DEW's 0.58% expense ratio.

Dividends

UDI vs. DEW - Dividend Comparison

UDI's dividend yield for the trailing twelve months is around 2.49%, less than DEW's 3.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEW WisdomTree Global High Dividend Fund	3.22%	3.71%	4.02%	4.55%	3.82%	3.55%	4.10%	3.74%	4.17%	3.18%	3.42%	4.32%
UDI USCF ESG Dividend Income Fund	2.49%	2.42%	5.33%	2.61%	1.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UDI and DEW in my portfolio?

UDI and DEW have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UDI or DEW?

DEW has higher volatility (2.79%) compared to UDI (2.67%). In terms of maximum drawdown, UDI dropped -14.17% vs DEW's -65.55%.

Which ETF is better, UDI or DEW?

On 3-year performance, DEW leads with 18.77% vs 16.39% for UDI. On fees, DEW is cheaper at 0.58% per year. On volatility, UDI has been the lower-risk option at 2.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UDI or DEW?

Over the 3-year period, DEW has performed better with a 18.77% return vs 16.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UDI or DEW?

DEW is cheaper with a 0.58% expense ratio, compared with 0.65% for UDI.

Which ETF pays a higher dividend yield, UDI or DEW?

DEW has the higher dividend yield at 3.22%, compared with 2.49% for UDI.

What is the main difference between UDI and DEW?

They also come from different issuers: USCF Advisers and WisdomTree. Their fees differ too: 0.65% for UDI and 0.58% for DEW.

Which has better risk-adjusted returns?

DEW currently has the higher Sharpe Ratio (2.64 vs 2.15), 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.