VYMI vs. DLN

Last updated Jun 26, 2026

VYMI (Vanguard International High Dividend Yield ETF) and DLN (WisdomTree U.S. LargeCap Dividend Fund) are both exchange-traded funds - VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index, while DLN is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Dividend Index. Both are passively managed. Over the past 10 years, VYMI returned 11.44%/yr vs 13.02%/yr for DLN. A 0.75 correlation means they provide meaningful diversification when combined. VYMI charges 0.07%/yr vs 0.28%/yr for DLN.

Performance

VYMI vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard International High Dividend Yield ETF (VYMI) 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, VYMI achieves a 11.22% return, which is significantly higher than DLN's 10.07% return. Over the past 10 years, VYMI has underperformed DLN with an annualized return of 11.44%, while DLN has yielded a comparatively higher 13.02% annualized return.

VYMI

• 1D: 0.46%
• 1M: -1.32%
• YTD: 11.22%
• 6M: 10.95%
• 1Y: 29.21%
• 3Y*: 21.59%
• 5Y*: 12.31%
• 10Y*: 11.44%

DLN

• 1D: 0.30%
• 1M: 0.26%
• YTD: 10.07%
• 6M: 9.07%
• 1Y: 21.18%
• 3Y*: 18.04%
• 5Y*: 12.41%
• 10Y*: 13.02%

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

VYMI vs. DLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VYMI Vanguard International High Dividend Yield ETF	11.22%	38.05%	7.06%	17.07%	-7.02%	15.39%	-1.11%	18.43%	-12.65%	22.36%
DLN WisdomTree U.S. LargeCap Dividend Fund	10.07%	15.53%	19.66%	9.95%	-3.78%	25.60%	4.59%	28.91%	-5.82%	18.22%

Correlation

The correlation between VYMI and DLN is 0.73, 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	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Mar 2, 2016	0.75

The correlation between VYMI and DLN has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.

VYMI vs. DLN - Sectors Allocation Comparison

Sectors	VYMI	DLN
Financial Services	40.7%	17.4%
Energy	8.6%	7.9%
Basic Materials	6.9%	1.0%
Consumer Defensive	6.7%	8.9%
Healthcare	6.5%	12.6%
Consumer Cyclical	6.4%	4.9%
Industrials	6.2%	7.8%
Technology	5.2%	22.8%
Utilities	5.0%	5.5%
Communication Services	3.7%	7.5%
Real Estate	1.3%	3.9%

Return for Risk

VYMI vs. DLN — Risk / Return Rank

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

VYMI

VYMI Risk / Return Rank: 75
VYMI Sharpe Ratio Rank: 81
VYMI Sortino Ratio Rank: 79
VYMI Omega Ratio Rank: 79
VYMI Calmar Ratio Rank: 67
VYMI Martin Ratio Rank: 70

DLN

DLN Risk / Return Rank: 83
DLN Sharpe Ratio Rank: 85
DLN Sortino Ratio Rank: 86
DLN Omega Ratio Rank: 83
DLN Calmar Ratio Rank: 77
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.

VYMI vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard International High Dividend Yield ETF (VYMI) 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.

	VYMI	DLN	Difference
Sharpe ratio: Return per unit of total volatility	2.22	2.37	-0.15
Sortino ratio: Return per unit of downside risk	3.03	3.37	-0.34
Omega ratio: Gain probability vs. loss probability	1.40	1.43	-0.02
Calmar ratio: Return relative to maximum drawdown	2.89	3.49	-0.59
Martin ratio: Return relative to average drawdown	11.31	14.59	-3.29

VYMI vs. DLN - Sharpe Ratio Comparison

The current VYMI Sharpe Ratio is 2.22, which is comparable to the DLN Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of VYMI 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

VYMI vs. DLN - Drawdown Comparison

The maximum VYMI drawdown since its inception was -40.00%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for VYMI and DLN.

Drawdown Indicators

	VYMI	DLN	Difference
Max Drawdown Largest peak-to-trough decline	-40.00%	-57.84%	+17.84%
Max Drawdown (1Y) Largest decline over 1 year	-10.14%	-6.10%	-4.04%
Max Drawdown (3Y) Largest decline over 3 years	-12.84%	-13.71%	+0.87%
Max Drawdown (5Y) Largest decline over 5 years	-24.05%	-16.26%	-7.79%
Max Drawdown (10Y) Largest decline over 10 years	-40.00%	-35.82%	-4.18%
Current Drawdown Current decline from peak	-2.11%	-1.01%	-1.10%
Average Drawdown Average peak-to-trough decline	-6.28%	-7.50%	+1.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	1.45%	+1.14%

Volatility

VYMI vs. DLN - Volatility Comparison

Vanguard International High Dividend Yield ETF (VYMI) has a higher volatility of 4.08% compared to WisdomTree U.S. LargeCap Dividend Fund (DLN) at 2.71%. This indicates that VYMI'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

	VYMI	DLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	2.71%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	11.21%	6.97%	+4.24%
Volatility (1Y) Calculated over the trailing 1-year period	13.24%	9.00%	+4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.87%	13.26%	+1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.61%	16.14%	+0.47%

VYMI vs. DLN - Expense Ratio Comparison

VYMI has a 0.07% expense ratio, which is lower than DLN's 0.28% expense ratio.

Dividends

VYMI vs. DLN - Dividend Comparison

VYMI's dividend yield for the trailing twelve months is around 3.67%, more than DLN's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLN WisdomTree U.S. LargeCap Dividend Fund	1.79%	1.90%	2.00%	2.43%	2.53%	2.01%	2.66%	2.51%	2.90%	2.33%	2.64%	2.80%
VYMI Vanguard International High Dividend Yield ETF	3.67%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%	0.00%

Frequently Asked Questions

Can I hold both VYMI and DLN in my portfolio?

VYMI and DLN have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VYMI or DLN?

VYMI has higher volatility (4.08%) compared to DLN (2.71%). In terms of maximum drawdown, VYMI dropped -40.00% vs DLN's -57.84%.

Which ETF is better, VYMI or DLN?

On 10-year performance, DLN leads with 13.02% vs 11.44% for VYMI. On fees, VYMI is cheaper at 0.07% per year. On volatility, DLN has been the lower-risk option at 2.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VYMI or DLN?

Over the 10-year period, DLN has performed better with a 13.02% return vs 11.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VYMI or DLN?

VYMI is cheaper with a 0.07% expense ratio, compared with 0.28% for DLN.

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

VYMI has the higher dividend yield at 3.67%, compared with 1.79% for DLN.

What is the main difference between VYMI and DLN?

VYMI is categorized as Dividend, while DLN is Large Cap Value Equities. VYMI tracks FTSE All-World ex US High Dividend Yield Index, while DLN tracks WisdomTree U.S. LargeCap Dividend Index. They also come from different issuers: Vanguard and WisdomTree. Their fees differ too: 0.07% for VYMI and 0.28% for DLN.

Which has better risk-adjusted returns?

DLN currently has the higher Sharpe Ratio (2.37 vs 2.22), 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.