Skip to content
etf.net

DDWM vs HSBH

WisdomTree Dynamic International Equity Fund

DDWMCCboe

HSBC Holdings plc ADRhedged

HSBHBNYSE Arca

Overlap

Expense ratio

HSBH −0.21pt a year

DDWM0.40%HSBH0.19%

Avg volume · 30D

DDWM 12.2×the volume

DDWM98.5KHSBH8.06K

DDWM vs HSBH Performance

Nov 3, 2025 – Nov 3, 2026

+11.2%DDWM+21.8%HSBH

Nov 3, 2025 to Nov 3, 2026. DDWM +11.2%. HSBH +21.8%. Use the arrow keys to read each point.0%30%40%50%Nov 2025May 2026Nov 2026
Expense ratio
DDWM 0.40%
HSBH 0.19%, better
Fund size
DDWM $1.42B
HSBH $3M
1Y total return
DDWM +11.2%
HSBH +21.8%, better
Yield (12M)
DDWM 2.57%
HSBH 2.66%, better
Holdings
DDWM 1416
HSBH 2
Avg volume (30D)
DDWM 98.5K sh, better
HSBH 8.06K sh
NAV per share
DDWM $45.70
HSBH $95.37
52W range

ETF.net Grade

DDWM: Cost 14, Risk 76, Mission not scored, Tradability 74, Holdings 79, Durability 93. HSBH: Cost 59, Risk 66, Mission not scored, Tradability 84, Holdings 54, Durability 59.
Pillar letters and Scores for DDWM, HSBH, with each pillar’s weight
PillarDDWMHSBH
Cost30% weightF14B59Higher
Mission25% weightNot scoredNot scored
Risk15% weightA76HigherB66
Tradability15% weightA74A84Higher
Holdings10% weightA79HigherC54
Durability5% weightA93HigherB59

Rank among Currency-Hedged Funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DDWM and HSBH are both graded against the same 9 Currency-Hedged Funds, so their Grades compare head to head.

Currency-Hedged Funds⁠

Category · 9 funds
See all 9 ›

HSBH ranks 1st and DDWM 3rd of 9 funds in the Currency-Hedged Funds Category.

  1. Rank 1BHSBHHSBC Holdings plc ADRhedgedScore 64
  2. Rank 2BSHEHShell plc ADRhedgedScore 62
  3. Rank 3CDDWMWisdomTree Dynamic International Equity FundScore 52
  4. Rank 4CBPHBP p.l.c. ADRhedgedScore 40

Our read on each fund

ETF.net Research

DDWMCWisdomTree Dynamic International Equity Fund

HSBHBHSBC Holdings plc ADRhedged

In short

DDWM No data

HSBH Most ADRs are two bets in one: the company and its currency. HSBH keeps the first and uses currency swaps to strip out most of the second, tracking the local-currency total return of HSBC's ordinary shares.

Stated mandate

DDWM No data

HSBH The fund seeks to generally match, before fees and expenses, the total return of HSBC Holdings plc ordinary shares in its local market. Normally, it invests at least 95% of net assets in the company’s ADRs and uses a currency swap to hedge U.S.-dollar and British-pound exchange-rate fluctuations.

Why people hold it

DDWM No data

  • HSBH The mechanism is the product: swaps work to remove most of the dollar-versus-local-currency move, leaving the local-currency total return of HSBC ordinary shares, before fees.
  • Charges 0.19% a year, level with the rest of the ADRhedged shelf (STHH, BPH, SHEH, GSKH). The hedging plumbing isn't priced as a premium feature.
  • A registered 1940 Act fund, not a bank-issued note, so no counterparty's balance sheet stands between you and the exposure.
  • Stands out as one of the stronger implementations in its small currency-hedged peer group.

Worth knowing

DDWM No data

  • HSBH One company, one balance sheet. This tracks HSBC alone, so bank-specific news moves it; there is no index underneath to spread the risk.
  • The hedge cuts both ways. Removing currency swings removes the favorable ones too, and running the swaps has a cost inside the fund.
  • Young (launched 2024) and small, and it doesn't trade heavily, so bid-ask spreads can run wider than on mainstream ETFs.

Full DDWM profile⁠

Full HSBH profile⁠

DDWM vs HSBH Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DDWM vs HSBH Cost

Overpaying DDWM vs HSBH

$4,138

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DDWM 0.40%

    $8,090

  • HSBH 0.19%

    $3,952

$10,000
30 years

Cost over time

  • DDWM 0.40%
  • HSBH 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530DDWM $8,090HSBH $3,952

Year by year

YearDDWMHSBHOverpaying
10$723$347$376
20$2,793$1,351$1,442
30$8,090$3,952$4,138

Expense ratio

  • 0.40%DDWM
  • 0.19%HSBH, cheaper
  • Middle half of Currency-Hedged Funds funds
  • Median 0.19%

HSBH cheapest of 9 funds

DDWM 9th cheapest of 9 funds

DDWM vs HSBH Dividends

Last 12 months to Nov 3, 2026
Yield (12M)
DDWM 2.57%
HSBH 2.66%, better
Payout (12M)
DDWM $1.17
HSBH $2.50
Last payment
DDWM $0.21
HSBH $2.15
Ex-dividend
DDWM Sep 25, 2026
HSBH Jun 16, 2026
Paid on
DDWM Sep 29, 2026
HSBH Jun 23, 2026
Frequency
DDWM Quarterly
HSBH Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DDWMQuarterly · 38 paymentsAll DDWM payments⁠
One bar per payment. 38 payments from 2017 to 2026 YTD. Mar 27, 2017 $0.22; Jun 26, 2017 $0.38; Sep 26, 2017 $0.09; Dec 26, 2017 $0.13; Jun 25, 2018 $0.79; Sep 25, 2018 $0.15; Dec 24, 2018 $0.20; Mar 26, 2019 $0.18; Jun 24, 2019 $0.47; Sep 24, 2019 $0.19; Dec 23, 2019 $0.27; Mar 24, 2020 $0.06; Jun 23, 2020 $0.28; Sep 22, 2020 $0.33; Dec 21, 2020 $0.31; Mar 25, 2021 $0.06; Jun 24, 2021 $0.38; Sep 24, 2021 $0.48; Dec 27, 2021 $0.23; Mar 25, 2022 $0.19; Jun 24, 2022 $0.62; Sep 26, 2022 $0.27; Dec 23, 2022 $0.17; Mar 27, 2023 $0.28; Jun 26, 2023 $0.58; Sep 25, 2023 $0.33; Dec 22, 2023 $0.26; Mar 22, 2024 $0.20; Jun 25, 2024 $0.55; Sep 25, 2024 $0.20; Dec 31, 2024 $0.01; Mar 26, 2025 $0.12; Jun 25, 2025 $0.56; Sep 25, 2025 $0.22; Dec 26, 2025 $0.19; Mar 26, 2026 $0.12; Jun 25, 2026 $0.66; Sep 25, 2026 $0.21. Use the arrow keys to read each point.$0$2.502017202020232026YTD
HSBHQuarterly · 3 paymentsAll HSBH payments⁠
One bar per payment. 3 payments from 2017 to 2026 YTD. Dec 16, 2024 $0.58; Mar 16, 2026 $0.35; Jun 16, 2026 $2.15. Use the arrow keys to read each point.$0$2.502017202020232026YTD

DDWM vs HSBH Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DDWM 9.0%HSBH 22.4%since May 2025
Return per unit of riskSharpe ratio, 3 years
DDWM 1.44HSBH 1.32since May 2025
Worst fallMax drawdown, 5 years
DDWM −14.8%HSBH −20.6%since Apr 2025
Market sensitivityBeta, 5 years
DDWM 0.69HSBH 0.51

Popular comparisons

  • DDWMCvsSHEHB

    WisdomTree Dynamic International Equity Fund · Shell plc ADRhedged

    Expense ratio
    0.40% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HSBHBvsSHEHB

    HSBC Holdings plc ADRhedged · Shell plc ADRhedged

    Expense ratio
    0.19% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DDWMCvsBPHC

    WisdomTree Dynamic International Equity Fund · BP p.l.c. ADRhedged

    Expense ratio
    0.40% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HSBHBvsBPHC

    HSBC Holdings plc ADRhedged · BP p.l.c. ADRhedged

    Expense ratio
    0.19% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DDWMCvsGSKHC

    WisdomTree Dynamic International Equity Fund · GSK plc ADRhedged

    Expense ratio
    0.40% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HSBHBvsGSKHC

    HSBC Holdings plc ADRhedged · GSK plc ADRhedged

    Expense ratio
    0.19% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.