WisdomTree Dynamic Currency Hedged… (DDLS) Performance
DDLS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.7% since Dec 31, 2025
- 1 year
- +8.7% total return
- 5 years
- +9.0% a year
- 10 years
- +9.2% a year
- Since first price
- +9.5% a year since 2016
DDLS trailing returns vs SPY, QQQ, AGG
| Period | DDLS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.9% | −3.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.2% | −0.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.6% | −0.8% | +7.8% | +8.4% | −1.5% |
| YTD | +5.7% | +2.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.7% | +5.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.2%+19.4%/yr | +51.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +53.9%+9.0%/yr | +24.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +140.5%+9.2%/yr | +68.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionJan 7, 2016 | +165.9%+9.5%/yr | +81.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DDLS vs SPY
From Jan 7, 2016: DDLS grew to $26,590, SPY to $46,570.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DDLS returns by calendar year
6 of 9 full years positive. Best 2025 (+28.0%), worst 2018 (−16.9%). 2026 is year to date.
DDLS annual returns table
| Year | DDLS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.7% | −10.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +28.0% | −11.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.2% | −7.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.3% | −9.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −10.1% | −19.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +17.7% | −7.4% | +28.7% | +27.4% | −1.8% |
| 2020 | −2.9% | −36.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.8% | −8.3% | +31.2% | +39.0% | +8.5% |
| 2018 | −16.9% | −23.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +26.9% | −3.2% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DDLS largest drawdowns
Now 4.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 2, 2020 | −36.8% | Mar 23, 2020 | Feb 8, 2021 | 3 months | 1.1 years |
| Jan 26, 2018 | −23.1% | Dec 24, 2018 | Dec 16, 2019 | 11 months | 1.9 years |
| Sep 3, 2021 | −19.9% | Oct 12, 2022 | Dec 21, 2023 | 1.1 years | 2.3 years |
| Mar 19, 2025 | −11.7% | Apr 7, 2025 | Apr 28, 2025 | 19 days | 40 days |
| Feb 26, 2026 | −10.7% | Mar 20, 2026 | Aug 13, 2026 | 22 days | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DDLS risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2016 |
|---|---|---|---|---|
| Annualized return | +18.4% | +10.0% | +9.5% | +9.8% |
| Volatility (annualized) | 10.4% | 12.3% | 13.7% | 13.4% |
| Sharpe ratio | 1.27 | 0.55 | 0.57 | 0.61 |
| Sortino ratio | 2.11 | 0.84 | 0.79 | 0.85 |
| Best month | +6.3% | +8.1% | +10.1% | +10.1% |
| Worst month | −7.1% | −7.8% | −18.8% | −18.8% |
| Best 12 months | +37.5% | +37.5% | +50.3% | +50.3% |
| Worst 12 months | +6.9% | −16.0% | −20.2% | −20.2% |
| Positive months | 72% | 60% | 66% | 66% |
| Beta vs S&P 500 | 0.45 | 0.56 | 0.70 | — |
| Correlation with S&P 500 | 0.54 | 0.71 | 0.79 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DDLS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 118 | −20.2% | +11.5% | +50.3% | 73% |
| 3-year (a year) | 94 | −4.6% | +7.0% | +19.7% | 89% |
| 5-year (a year) | 70 | +0.5% | +8.1% | +13.8% | 100% |
| 10-year (a year) | 10 | +9.2% | +9.7% | +10.8% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
DDLS performance overview
WisdomTree Dynamic Currency Hedged… (DDLS) returned +8.7% over the past year and +9.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +9.5% a year, turning $10,000 into about $26,590. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −36.8%, from Jan 2, 2020 to Mar 23, 2020, and it took 11 months to get back to the old high. DDLS finished 6 of its 9 full calendar years with a gain; the best year was 2025 (+28.0%) and the worst 2018 (−16.9%). Volatility has been 13.4% a year.
Related: DDLS chart, DDLS holdings, DDLS dividends. See the DDLS overview for the latest quote and fund facts.
DDLS performance FAQ
What is the DDLS return over the past year?
DDLS returned +8.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.1%.
What is the average annual return of DDLS?
DDLS has returned +9.0% a year over 5 years, +9.2% a year over 10 years, +9.5% a year since January 7, 2016 (total return, distributions reinvested).
How much would $10,000 invested in DDLS be worth?
$10,000 invested in DDLS at its first recorded close on January 7, 2016 would be worth about $26,590 on October 23, 2026 with distributions reinvested.
What was the worst year for DDLS?
The worst calendar year was 2018, with a total return of −16.9%. The best was 2025 at +28.0%.
What is the biggest drawdown of DDLS?
The largest peak-to-trough decline was −36.8% between January 2, 2020 and March 23, 2020. It recovered to the old high on February 8, 2021, 11 months after the bottom.
How volatile is DDLS?
Over the past 3 years DDLS had an annualized volatility of 10.4% and a Sharpe ratio of 1.27 (excess return over 1–3 month T-bills per unit of risk).