Key stats
About WisdomTree Dynamic International SmallCap Equity Fund
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Inception date
Jan 7, 2016
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WisdomTree Asset Management, Inc.
Distributor
Foreside Fund Services LLC
DDLS offers exposure to dividend-paying international small-cap stocks with a dynamic currency hedge for US investors. The fund holds small-caps from developed markets outside the US, excluding Canada and S. Korea. Like many WisdomTree funds, DDWM holds only dividend-paying stocks, weighted by total cash dividends over past 12 months. Sister fund DLS (unhedged) shares this equity exposure. DDLS departs from its sibling by setting currency hedge levels anywhere from 0-100%, reset monthly. To determine the hedge amount, the fund uses three equally weighted inputs: differences in interest rates (the cost of the hedge), momentum (based on 10- and 240-day moving averages) and long term valuation (purchasing power parity). Variable hedging offers at least the possibility of enjoying more currency upside than downside. In all, the fund may appeal to long term investors who want a broad basket of dividend-paying small-cap stocks with variable, rules-based currency hedging. Prior to April 30, 2025, the term 'currency hedged' was removed from both the fund's name and its index name.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stocks99.94%
Finance21.13%
Producer Manufacturing10.16%
Consumer Non-Durables6.47%
Industrial Services6.30%
Process Industries5.78%
Retail Trade5.40%
Transportation5.38%
Non-Energy Minerals4.63%
Consumer Services4.57%
Commercial Services4.55%
Technology Services4.43%
Distribution Services4.35%
Consumer Durables3.97%
Electronic Technology3.54%
Utilities2.83%
Health Technology2.32%
Energy Minerals1.70%
Communications1.28%
Health Services0.95%
Miscellaneous0.19%
Bonds, Cash & Other0.06%
Cash0.06%
Stock breakdown by region
Europe49.12%
Asia35.47%
Oceania9.08%
Middle East5.56%
North America0.67%
Africa0.10%
Latin America0.00%
Top 10 holdings
Dividends
Dividend payout history