First-Year Review
WisdomTree's quantum fund turns one up 7.49%
WisdomTree Europe SmallCap Dividend Fund
$73.69+0.80 (+1.10%)
- 0.58%
- $158M
- +9.8%
- 4.15%
- 0M sh
- $73.32
- low $66.05high $78.34
The ETF.net DFE Grade
C
Score 50 out of 100
- 10 of 16
Score 50 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.D27 out of 100Rank 12 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 9 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 12 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 9 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D36 out of 100Rank 12 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 12 of 16
Our read on DFE
CA 2006-vintage fund that weights European small caps by the cash dividends they pay, not by market size. Most rivals in the international small-cap aisle go broad and cap-weighted. This one goes regional and income-tilted.
The share class aims to follow the pre-fee price and yield performance of the WisdomTree Europe SmallCap Dividend UCITS Index.
Why people hold it
- Weights holdings by annual cash dividends paid rather than market cap, so the roughly 400-stock basket tilts toward payers instead of whatever small cap is running hottest.wisdomtree.com
- Pure Europe small cap, no Japan or Pacific filler. Broad peers like SCHC, VSS and SCZ spread across every developed market, so this is the narrower dial.
- The index screens candidates on quality and momentum (WisdomTree's composite risk score) before weighting them, and income goes out quarterly.
- Trading since its 2006 launch, and it still does what the name says: European small caps that pay dividends, tracked against a stated index.
Worth knowing
- The 0.58% fee runs above the typical international small-cap fund, and plain cap-weighted peers like SCHC and VSS charge a small fraction of that.
- Thinly traded next to the category's giants, so the bid-ask spread becomes part of the real cost, most of all on large or hurried orders.
- One region, smaller companies, and European currency moves baked into returns: the ride can be bumpier than a globally spread small-cap blend.
DFE Holdings
- Stocks
- 378
- 15%
- HAUTO.OL
Sectors
- Industrials31.7%
- Consumer Discretionary12.5%
- Financials12.2%
- Materials8.0%
- Technology6.5%
- Communication6.3%
- Real Estate5.9%
- Health Care5.2%
- Energy4.4%
- Consumer Staples4.1%
- Utilities3.2%
Geography
- United Kingdom29.90%
- Norway14.76%
- Sweden13.09%
- France5.40%
- Germany5.28%
- Spain4.75%
- Italy4.71%
- Netherlands4.11%
- 18.02%
Developed 97% · Emerging 3%
DFE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DFE$10,983
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 | DFE |
|---|---|
| Year to date | +4.4% |
| 1 month | −4.1% |
| 3 months | −0.1% |
| 1 year | +9.8% |
| 3 years | +16.9% |
| 5 years | +5.3% |
| 10 years | +7.3% |
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 | DFE |
|---|---|---|
| 2026 YTD | +4.4% | |
| 2025 | +32.9% | |
| 2024 | −0.6% | |
| 2023 | +14.9% | |
| 2022 | −22.2% | |
| 2021 | +18.4% | |
| 2020 | +2.1% |
DFE in the news
DFE Dividends
- 4.15%
- $3.02
- $0.52 per share
- Quarterly
Distribution history
DFE Risk
- 15.1%
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.
- 0.84
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.
- −38.3%
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.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DFE Cost
0.58%
DFE0.58%
- The middle half of International Small-Cap funds
- Median 0.44%
11 of the 16 International Small-Cap funds charge less.
Other funds in International Small-Cap
- BPDNInvesco RAFI Developed Markets ex-U.S. Small-Mid ETFExpense ratio 0.47%1 year return +17.4%
- BIEUSiShares MSCI Europe Small-Cap ETFExpense ratio 0.41%1 year return +7.2%
- CDDLSWisdomTree Dynamic International SmallCap Equity ETFExpense ratio 0.48%1 year return +12.9%
- 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 —