YLDE vs. DEW
YLDE (ClearBridge Dividend Strategy ESG ETF) and DEW (WisdomTree Global High Dividend Fund) are both exchange-traded funds - YLDE is a Dividend fund actively managed by Franklin Templeton, while DEW is a Large Cap Value Equities fund tracking the WisdomTree Global High Dividend Index. YLDE is actively managed, while DEW is passively managed. Over the past 5 years, YLDE returned 10.08%/yr vs 11.57%/yr for DEW. A 0.69 correlation means they provide meaningful diversification when combined. YLDE charges 0.60%/yr vs 0.58%/yr for DEW.
Performance
YLDE vs. DEW - Performance Comparison
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Returns By Period
In the year-to-date period, YLDE achieves a 4.91% return, which is significantly lower than DEW's 12.97% return.
YLDE
- 1D
- 0.06%
- 1M
- -0.48%
- YTD
- 4.91%
- 6M
- 4.69%
- 1Y
- 14.35%
- 3Y*
- 14.52%
- 5Y*
- 10.08%
- 10Y*
- —
DEW
- 1D
- 0.43%
- 1M
- -0.07%
- YTD
- 12.97%
- 6M
- 12.77%
- 1Y
- 25.61%
- 3Y*
- 19.27%
- 5Y*
- 11.57%
- 10Y*
- 9.72%
YLDE vs. DEW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
YLDE ClearBridge Dividend Strategy ESG ETF | 4.91% | 13.09% | 16.44% | 15.69% | -8.56% | 22.12% | 10.35% | 32.46% | -5.74% | 11.35% |
DEW WisdomTree Global High Dividend Fund | 12.97% | 22.39% | 11.58% | 9.39% | -2.73% | 21.29% | -7.32% | 20.45% | -10.58% | 9.59% |
Correlation
The correlation between YLDE 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 | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since May 23, 2017 | 0.69 |
The correlation between YLDE and DEW shifts across timeframes, from 0.69 (all time) to 0.83 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
YLDE vs. DEW — Risk / Return Rank
YLDE
DEW
YLDE vs. DEW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy ESG ETF (YLDE) 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.
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.
| YLDE | DEW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.47 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 4.06 | -2.16 |
| Martin ratioReturn relative to average drawdown | 6.97 | 15.88 | -8.91 |
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Drawdowns
YLDE vs. DEW - Drawdown Comparison
The maximum YLDE drawdown since its inception was -33.23%, smaller than the maximum DEW drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for YLDE and DEW.
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Drawdown Indicators
| YLDE | DEW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.23% | -65.55% | +32.32% |
Max Drawdown (1Y)Largest decline over 1 year | -7.59% | -6.34% | -1.25% |
Max Drawdown (3Y)Largest decline over 3 years | -11.42% | -11.80% | +0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -20.22% | -18.86% | -1.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.77% | — |
Current DrawdownCurrent decline from peak | -1.76% | -1.12% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -3.54% | -12.41% | +8.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 1.62% | +0.44% |
Volatility
YLDE vs. DEW - Volatility Comparison
The current volatility for ClearBridge Dividend Strategy ESG ETF (YLDE) is 2.49%, while WisdomTree Global High Dividend Fund (DEW) has a volatility of 2.77%. This indicates that YLDE experiences smaller price fluctuations and is considered to be less risky than DEW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| YLDE | DEW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.49% | 2.77% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 6.87% | 7.35% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.39% | 9.76% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.50% | 12.98% | +0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.73% | 15.42% | +0.31% |
YLDE vs. DEW - Expense Ratio Comparison
YLDE has a 0.60% expense ratio, which is higher than DEW's 0.58% expense ratio.
Dividends
YLDE vs. DEW - Dividend Comparison
YLDE's dividend yield for the trailing twelve months is around 6.98%, more than DEW's 3.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEW WisdomTree Global High Dividend Fund | 3.18% | 3.71% | 4.02% | 4.55% | 3.82% | 3.55% | 4.10% | 3.74% | 4.17% | 3.18% | 3.42% | 4.32% |
YLDE ClearBridge Dividend Strategy ESG ETF | 6.98% | 5.68% | 1.69% | 1.64% | 1.68% | 1.15% | 1.46% | 1.65% | 2.25% | 1.31% | 0.00% | 0.00% |
Frequently Asked Questions
YLDE 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.
DEW has higher volatility (2.77%) compared to YLDE (2.49%). In terms of maximum drawdown, YLDE dropped -33.23% vs DEW's -65.55%.
On 5-year performance, DEW leads with 11.57% vs 10.08% for YLDE. On fees, DEW is cheaper at 0.58% per year. On volatility, YLDE has been the lower-risk option at 2.49%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DEW has performed better with a 11.57% return vs 10.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DEW is cheaper with a 0.58% expense ratio, compared with 0.60% for YLDE.
YLDE has the higher dividend yield at 6.98%, compared with 3.18% for DEW.
YLDE is categorized as Dividend, while DEW is Large Cap Value Equities. They also come from different issuers: Franklin Templeton and WisdomTree. Their fees differ too: 0.60% for YLDE and 0.58% for DEW.
DEW currently has the higher Sharpe Ratio (2.64 vs 1.54), 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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