WTMU vs. DHS
WTMU (WisdomTree Core Laddered Municipal ETF) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - WTMU is a Municipal Bonds fund actively managed by WisdomTree, while DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. WTMU is actively managed, while DHS is passively managed. Over the past year, WTMU returned 3.23% vs 25.65% for DHS. Their 0.16 correlation means their historical movements had little consistent relationship. WTMU charges 0.25%/yr vs 0.38%/yr for DHS.
Performance
WTMU vs. DHS - Performance Comparison
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Returns By Period
In the year-to-date period, WTMU achieves a -0.52% return, which is significantly lower than DHS's 17.07% return.
WTMU
- 1D
- 0.22%
- 1M
- -1.07%
- 6M
- -1.35%
- YTD
- -0.52%
- 1Y
- 3.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.32%
DHS
- 1D
- 0.35%
- 1M
- 1.94%
- 6M
- 9.42%
- YTD
- 17.07%
- 1Y
- 25.65%
- 3Y*
- 17.11%
- 5Y*
- 12.40%
- 10Y*
- 9.67%
- ALL TIME*
- 8.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.47M | $3.71M | $2.99M | |
| $17.49K | $9.91K | $38.76K |
WTMU vs. DHS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WTMU WisdomTree Core Laddered Municipal ETF | -0.52% | 4.99% |
DHS WisdomTree US High Dividend Fund | 17.07% | 6.47% |
Correlation
The correlation between WTMU and DHS is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025 | 0.16 |
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Return for Risk
WTMU vs. DHS — Risk / Return Rank
WTMU
DHS
WTMU vs. DHS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Laddered Municipal ETF (WTMU) and WisdomTree US High Dividend Fund (DHS). 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.
| WTMU | DHS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.43 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 4.09 | -2.96 |
| Martin ratioReturn relative to average drawdown | 2.72 | 15.00 | -12.28 |
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Drawdowns
WTMU vs. DHS - Drawdown Comparison
The maximum WTMU drawdown since its inception was -4.24%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for WTMU and DHS.
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Drawdown Indicators
| WTMU | DHS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.24% | -67.25% | +63.01% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -6.30% | +3.44% |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.35% | — |
Current DrawdownCurrent decline from peak | -2.46% | -1.89% | -0.57% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -9.48% | +8.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 1.71% | -0.52% |
Volatility
WTMU vs. DHS - Volatility Comparison
The current volatility for WisdomTree Core Laddered Municipal ETF (WTMU) is 1.12%, while WisdomTree US High Dividend Fund (DHS) has a volatility of 3.77%. This indicates that WTMU experiences smaller price fluctuations and is considered to be less risky than DHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTMU | DHS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.12% | 3.77% | -2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.08% | 7.84% | -5.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.41% | 10.40% | -7.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.58% | 13.91% | -9.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.58% | 16.10% | -11.52% |
WTMU vs. DHS - Expense Ratio Comparison
WTMU has a 0.25% expense ratio, which is lower than DHS's 0.38% expense ratio.
Dividends
WTMU vs. DHS - Dividend Comparison
WTMU's dividend yield for the trailing twelve months is around 3.23%, more than DHS's 3.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHS WisdomTree US High Dividend Fund | 3.18% | 3.32% | 3.66% | 4.31% | 3.42% | 3.29% | 4.14% | 3.69% | 3.76% | 3.00% | 3.25% | 3.53% |
WTMU WisdomTree Core Laddered Municipal ETF | 3.23% | 2.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WTMU and DHS have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHS has higher volatility (3.77%) compared to WTMU (1.12%). In terms of maximum drawdown, WTMU dropped -4.24% vs DHS's -67.25%.
On 1-year performance, DHS leads with 25.65% vs 3.23% for WTMU. On fees, WTMU is cheaper at 0.25% per year. On volatility, WTMU has been the lower-risk option at 1.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DHS has performed better with a 25.65% return vs 3.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WTMU is cheaper with a 0.25% expense ratio, compared with 0.38% for DHS.
WTMU has the higher dividend yield at 3.23%, compared with 3.18% for DHS.
WTMU is categorized as Municipal Bonds, while DHS is Large Cap Value Equities. Their fees differ too: 0.25% for WTMU and 0.38% for DHS.
DHS currently has the higher Sharpe Ratio (2.48 vs 1.35), 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.
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