First-Year Review
WisdomTree's quantum fund turns one up 7.49%
WisdomTree Dynamic International SmallCap Equity ETF
$44.84+0.07 (+0.16%)
- 0.48%
- $415M
- +12.9%
- 3.37%
- 0M sh
- $44.87
- low $40.57high $47.03
The ETF.net DDLS Grade
C
Score 49 out of 100
- 11 of 16
Score 49 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C40 out of 100Rank 10 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A70 out of 100Rank 3 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 10 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C47 out of 100Rank 11 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C49 out of 100Rank 10 of 16
Our read on DDLS
CMost international small-cap funds pick a lane on currency: fully exposed or fully hedged. DDLS takes a third path, screening developed-market small caps outside the US and Canada for dividend payers, then moving its dollar hedge by rule.
The fund seeks exposure to small-capitalization, dividend-paying companies in the industrialized world outside the United States and Canada, with dynamic hedging of applicable foreign-currency fluctuations against the U.S. dollar.
Why people hold it
- The hedge is the point: a rules-based currency overlay that shifts with the dollar, not the fixed always-on or always-off setting most rivals hand you.wisdomtree.com
- Roughly 1,000 dividend-paying small caps across the industrialized world outside the US and Canada. Broad by design, and it distributes quarterly.
- Running since 2016, so the strategy has worked through several dollar up-and-down stretches rather than one convenient regime.
- Follows a named WisdomTree index rather than a manager's discretion, so the dividend screen and the hedge both operate on published rules.
Worth knowing
- At 0.48% it sits above the 0.40% category median, and far above plain-index peers like VSS and SCHC at 0.06%. The hedging machinery is not free.
- Thinly traded next to the category's household names, so execution deserves more attention than with the biggest index funds here.
- The hedge cuts both ways: it damps currency-driven losses and also gives up the tailwind a weakening dollar hands unhedged international funds.wisdomtree.com
DDLS Holdings
- Stocks
- 1,049
- 6%
- HAFNI.OL
Sectors
- Industrials28.2%
- Financials14.9%
- Consumer Discretionary12.6%
- Materials9.5%
- Technology8.4%
- Consumer Staples7.8%
- Real Estate6.5%
- Communication4.3%
- Health Care3.5%
- Energy2.4%
- Utilities1.9%
Geography
- Japan29.81%
- United Kingdom14.18%
- Australia9.50%
- Sweden6.45%
- Norway5.62%
- Singapore5.34%
- Israel5.33%
- France3.37%
- 20.41%
Developed 93% · Emerging 7%
DDLS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DDLS$11,292
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DDLS |
|---|---|
| Year to date | +6.9% |
| 1 month | −2.0% |
| 3 months | +1.0% |
| 1 year | +12.9% |
| 3 years | +18.3% |
| 5 years | +9.8% |
| 10 years | +9.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DDLS |
|---|---|---|
| 2026 YTD | +6.9% | |
| 2025 | +28.0% | |
| 2024 | +10.2% | |
| 2023 | +15.2% | |
| 2022 | −10.1% | |
| 2021 | +17.7% | |
| 2020 | −3.0% |
DDLS in the news
DDLS Dividends
- 3.37%
- $1.51
- $0.31 per share
- Quarterly
Distribution history
DDLS Risk
- 10.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.26
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.77
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DDLS Cost
0.48%
DDLS0.48%
- The middle half of International Small-Cap funds
- Median 0.44%
9 of the 16 International Small-Cap funds charge less.
Other funds in International Small-Cap
- BIEUSiShares MSCI Europe Small-Cap ETFExpense ratio 0.41%1 year return +7.2%
- CDFEWisdomTree Europe SmallCap Dividend FundExpense ratio 0.58%1 year return +9.8%
- CHSCZiShares Currency Hedged MSCI EAFE Small-Cap ETFExpense ratio 0.83%1 year return +19.5%
- DTISCThrivent International Small Cap ETFExpense ratio 0.55%1 year return —
- DAZTDAztlan Global Stock Selection Dm SMID ETFExpense ratio 0.75%1 year return +14.2%