DDWM vs NVOH: Grades, Fees and Holdings Compared

WisdomTree Dynamic International Equity Fund

DDWMCCboe

Novo Nordisk A/S (B Shares) ADRhedged

NVOHCNYSE Arca

Overlap

0.0%by weight

Expense ratio

NVOH −0.21pt a year

DDWM0.40%NVOH0.19%

Avg volume · 30D

DDWM 70.4×the volume

DDWM98.5KNVOH1.4K

DDWM vs NVOH Performance

Nov 3, 2025 – Nov 3, 2026

+11.2%DDWM−11.5%NVOH

Expense ratio: DDWM 0.40%; NVOH 0.19%, better
Fund size: DDWM $1.42B; NVOH $4M
1Y total return: DDWM +11.2%, better; NVOH −11.5%
Yield (12M): DDWM 2.57%; NVOH 6.89%, better
Holdings: DDWM 1416; NVOH 2
Avg volume (30D): DDWM 98.5K sh, better; NVOH 1.4K sh
NAV per share: DDWM $45.70; NVOH $22.80
52W range

ETF.net Grade

Pillar letters and Scores for DDWM, NVOH, with each pillar’s weight
Pillar	DDWM	NVOH
Cost30% weight	F14	B59Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	A76Higher	F21
Tradability15% weight	A74Higher	D29
Holdings10% weight	A79Higher	C47
Durability5% weight	A93Higher	B69

Rank among Currency-Hedged Funds

How we build Categories ›

Same Category. DDWM and NVOH 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 ›

DDWM ranks 3rd and NVOH 4th of 9 funds in the Currency-Hedged Funds Category.

Rank 1BHSBHHSBC Holdings plc ADRhedgedScore 64
Rank 2BSHEHShell plc ADRhedgedScore 62
Rank 3CDDWMWisdomTree Dynamic International Equity FundScore 52
Rank 4CBPHBP p.l.c. ADRhedgedScore 40
Rank 4CGSKHGSK plc ADRhedgedScore 40
Rank 4CNVOHNovo Nordisk A/S (B Shares) ADRhedgedScore 40
Rank 4CSTHHSTMicroelectronics NV ADRhedgedScore 40

Our read on each fund

ETF.net Research

DDWMCWisdomTree Dynamic International Equity Fund

NVOHCNovo Nordisk A/S (B Shares) ADRhedged

In short

DDWM No data

NVOH One stock, one hedge. NVOH holds Novo Nordisk's ADR with an embedded currency contract, so the result leans on the company rather than the dollar-versus-krone tape. No basket, no diversification, just narrower exposure.

Stated mandate

DDWM No data

NVOH The fund is designed to provide focused exposure to Novo Nordisk A/S through an ADR while using an integrated currency hedge intended to mitigate foreign-exchange risk.

Why people hold it

DDWM No data

NVOH Owning a foreign ADR normally bundles in a currency bet. Here an embedded contract is designed to mitigate dollar versus local-currency moves, leaving the company as the main driver.
0.19% expense ratio, level with the currency-hedged cohort median and with the rest of the ADRhedged shelf (HSBH, STHH, BPH).
A registered 1940 Act fund, not a bank-issued note, and it pays on a quarterly cadence.

Worth knowing

DDWM No data

NVOH Non-diversified by design: one company's ADR plus the hedge. Trial results, patent news or a guidance change land with full force.
The hedge cuts both ways. A weaker dollar against the local currency won't lift results the way it can in a plain unhedged ADR.
A 2025 launch with a small asset base and light trading, so spreads can run wider than in large, heavily traded ETFs.

Full DDWM profile⁠

Full NVOH profile⁠

DDWM vs NVOH Holdings

How DDWM and NVOH differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of DDWM and 0.0% of NVOH.

Level by level

Holdings0 in both0.0%
Countryby domicile1.5%
Sector11 Sectors10.0%
Asset classEquity100%

Sector

Sector weights in DDWM and NVOH, widest gap first
Sector	Gap	DDWM	NVOH
Health Care	NVOH +90.0 points	10.0%	100.0%
Financials	DDWM +23.9 points	23.9%	0.0%
Industrials	DDWM +18.2 points	18.2%	0.0%
Consumer Discretionary	DDWM +9.5 points	9.5%	0.0%
Technology	DDWM +7.6 points	7.6%	0.0%
Consumer Staples	DDWM +7.1 points	7.1%	0.0%
Materials	DDWM +6.0 points	6.0%	0.0%
Energy	DDWM +5.8 points	5.8%	0.0%
Utilities	DDWM +4.7 points	4.7%	0.0%
Communication	DDWM +4.6 points	4.6%	0.0%
Real Estate	DDWM +2.5 points	2.5%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in DDWM and NVOH, widest gap first
Country	Gap	DDWM	NVOH
Denmark	NVOH +98.5 points	1.5%	100.0%
Japan	DDWM +23.1 points	23.1%	0.0%
United Kingdom	DDWM +13.1 points	13.1%	0.0%
Switzerland	DDWM +9.3 points	9.3%	0.0%
France	DDWM +8.9 points	8.9%	0.0%
Germany	DDWM +6.8 points	6.8%	0.0%
Australia	DDWM +6.7 points	6.7%	0.0%
Spain	DDWM +5.7 points	5.7%	0.0%
Other countries (17)	DDWM +25.0 points	25.0%	0.0%

Outside the US: DDWM 98% developed, 2% emerging. NVOH 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

DDWM12.3%
NVOH100.0%

Securities held

DDWM1,401
NVOH1

Asset class

DDWM: Equity
NVOH: Equity

Holdings

Only in DDWM1,401
In both0
Only in NVOH1

Only in DDWM

1,401 securities, 99.5% of DDWM by weight

Roche Holding Ag1.58%
Shell Plc-New1.54%
BHP Group Ltd1.30%
HSBC Holdings PLC1.23%
Allianz SE1.18%
Novartis AG1.15%
Nestle SA1.14%
Industria de Diseno Textil1.09%
Mitsubishi UFJ Financial Group1.06%
TotalEnergies1.05%
Intesa Sanpaolo SpA1.04%
Toyota Motor Corp0.99%
Zurich Insurance Group Ag0.91%
DBS Group Holdings Ltd0.87%
Iberdrola SA0.86%
British American Tobacco Plc0.84%
Axa Sa0.81%
LVMH Moet Hennessy Louis Vuitton SE0.80%
Banco Bilbao Vizcaya Argentaria SA0.79%
UniCredit SpA0.73%
Novo Nordisk A/S-B0.72%
ASML Holding NV0.71%
Astrazeneca PLC0.70%
BNP Paribas0.64%
Sanofi SA0.64%
Japan Tobacco Inc0.59%
L'Oreal SA0.59%
Bp PLC0.59%
Deutsche Telekom AG0.56%
Enel SpA0.56%
Sumitomo Mitsui Financial Group0.54%
CaixaBank0.54%
Banco Santander Sa0.53%
Siemens Ag-Reg0.51%
Unilever Plc0.50%
Natwest Group Plc0.50%
Rio Tinto Plc0.48%
Sap AG0.47%
Schneider Electric SA0.46%
Nordea Bank Abp0.44%
Equinor ASA0.43%
Oversea-Chinese Banking Corp Ltd0.41%
Banca Monte Dei Paschi Siena0.41%
Anheuser-Busch InBev NV0.38%
Engie0.37%
GSK Plc0.37%
ING Groep NV0.37%
Deutsche Post Ag-Reg0.36%
ENI SpA0.36%
Assicurazioni Generali SpA0.36%

Only in NVOH

1 security, 93.7% of NVOH by weight

Novo Nordisk A/S (B Shares)93.71%

Weight gaps

DDWM and NVOH share no securities.

All 1,414 DDWM holdings⁠All NVOH 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 NVOH Cost

Overpaying DDWM vs NVOH

$4,138

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

DDWM 0.40%
$8,090
NVOH 0.19%
$3,952

Amount$10,000

Years30 years

Cost over time

DDWM 0.40%
NVOH 0.19%
Overpaying

Year by year

Year	DDWM	NVOH	Overpaying
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%NVOH, cheaper

NVOH0.19%DDWM0.40%

0.19%0.40%

Middle half of Currency-Hedged Funds funds
Median 0.19%

NVOH cheapest of 9 funds

DDWM 9th cheapest of 9 funds

DDWM vs NVOH Dividends

Last 12 months to Nov 3, 2026

Yield (12M): DDWM 2.57%; NVOH 6.89%, better
Payout (12M): DDWM $1.17; NVOH $1.56
Last payment: DDWM $0.21; NVOH $0.03
Ex-dividend: DDWM Sep 25, 2026; NVOH Sep 16, 2026
Paid on: DDWM Sep 29, 2026; NVOH Sep 23, 2026
Frequency: DDWM Quarterly; NVOH Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DDWMQuarterly · 38 paymentsAll DDWM payments⁠

NVOHQuarterly · 5 paymentsAll NVOH payments⁠

DDWM vs NVOH 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%NVOH 48.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years: DDWM 1.44NVOH −0.64since Feb 2025
Worst fallMax drawdown, 5 years: DDWM −14.8%NVOH −61.6%since Jan 2025
Market sensitivityBeta, 5 years: DDWM 0.69NVOH 1.40; Market = 1

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