WisdomTree Europe SmallCap Dividend Fund (DFE) Performance
DFE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.6% since Dec 31, 2025
- 1 year
- +9.1% total return
- 5 years
- +4.2% a year
- 10 years
- +7.4% a year
- Since first price
- +6.3% a year since 2006
DFE trailing returns vs SPY, QQQ, AGG
| Period | DFE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.9% | −2.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.7% | +0.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.3% | −2.5% | +7.8% | +8.4% | −1.5% |
| YTD | +5.6% | +2.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.1% | +4.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +68.2%+18.9%/yr | +48.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +22.7%+4.2%/yr | −3.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +104.7%+7.4%/yr | +36.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +272.6%+9.2%/yr | +111.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +204.8%+5.7%/yr | +27.4% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJun 16, 2006 | +246.3%+6.3%/yr | +44.8% | — | — | — |
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: DFE vs SPY
From Jun 16, 2006: DFE grew to $34,634, SPY to $88,269.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DFE returns by calendar year
12 of 19 full years positive. Best 2009 (+51.4%), worst 2008 (−52.4%). 2026 is year to date.
DFE annual returns table
| Year | DFE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.6% | −11.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.8% | −12.7% | +17.7% | +20.8% | +7.2% |
| 2024 | −0.6% | −11.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +14.9% | −16.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −22.2% | −37.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +18.4% | −11.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +2.2% | −46.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.1% | −12.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −21.2% | −29.2% | −4.6% | −0.1% | +0.1% |
| 2017 | +32.7% | −4.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +1.6% | −17.0% | +12.0% | +7.1% | +2.4% |
| 2015 | +11.8% | −11.9% | +1.2% | +9.4% | +0.5% |
| 2014 | −8.7% | −22.9% | +13.5% | +19.2% | +6.0% |
| 2013 | +45.3% | −7.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +31.1% | −17.2% | +16.0% | +18.1% | +3.8% |
| 2011 | −19.3% | −32.8% | +1.9% | +3.4% | +7.7% |
| 2010 | +19.9% | −20.7% | +15.1% | +19.9% | +6.4% |
| 2009 | +51.4% | −25.8% | +26.4% | +54.7% | +3.0% |
| 2008 | −52.4% | −61.1% | −36.8% | −41.7% | +7.9% |
| 2007 | −3.0% | −18.5% | +5.1% | +19.0% | +6.6% |
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.
DFE largest drawdowns
Now 5.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 4, 2007 | −69.4% | Mar 9, 2009 | Oct 17, 2013 | 1.8 years | 6.4 years |
| Jan 26, 2018 | −49.7% | Mar 23, 2020 | Feb 9, 2021 | 2.2 years | 3.0 years |
| Sep 2, 2021 | −40.3% | Sep 27, 2022 | May 13, 2025 | 1.1 years | 3.7 years |
| Jun 6, 2014 | −22.9% | Oct 16, 2014 | Mar 15, 2017 | 4 months | 2.8 years |
| Feb 26, 2026 | −11.4% | Mar 27, 2026 | Aug 4, 2026 | 29 days | 5 months |
| Feb 26, 2007 | −10.1% | Mar 5, 2007 | Mar 21, 2007 | 7 days | 23 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DFE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +17.2% | +5.6% | +7.3% | +6.2% |
| Volatility (annualized) | 15.1% | 18.9% | 20.2% | 21.7% |
| Sharpe ratio | 0.85 | 0.19 | 0.34 | 0.33 |
| Sortino ratio | 1.43 | 0.27 | 0.47 | 0.46 |
| Best month | +9.6% | +13.2% | +16.3% | +20.4% |
| Worst month | −7.6% | −13.3% | −27.7% | −27.8% |
| Best 12 months | +37.8% | +37.8% | +75.3% | +75.3% |
| Worst 12 months | −0.6% | −33.5% | −33.5% | −58.7% |
| Positive months | 67% | 60% | 57% | 56% |
| Beta vs S&P 500 | 0.57 | 0.84 | 1.01 | — |
| Correlation with S&P 500 | 0.47 | 0.70 | 0.77 | — |
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.
DFE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 233 | −58.7% | +7.0% | +75.3% | 64% |
| 3-year (a year) | 209 | −18.4% | +7.5% | +26.3% | 77% |
| 5-year (a year) | 185 | −9.8% | +6.6% | +28.7% | 84% |
| 10-year (a year) | 125 | +2.8% | +6.9% | +14.6% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
DFE performance overview
WisdomTree Europe SmallCap Dividend Fund (DFE) returned +9.1% over the past year and +7.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +6.3% a year, turning $10,000 into about $34,634. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −69.4%, from Jun 4, 2007 to Mar 9, 2009, and it took 4.6 years to get back to the old high. DFE finished 12 of its 19 full calendar years with a gain; the best year was 2009 (+51.4%) and the worst 2008 (−52.4%). Volatility has been 21.7% a year.
Related: DFE chart, DFE holdings, DFE dividends. See the DFE overview for the latest quote and fund facts.
DFE performance FAQ
What is the DFE return over the past year?
DFE returned +9.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 4.7%.
What is the average annual return of DFE?
DFE has returned +4.2% a year over 5 years, +7.4% a year over 10 years, +6.3% a year since June 16, 2006 (total return, distributions reinvested).
How much would $10,000 invested in DFE be worth?
$10,000 invested in DFE at its first recorded close on June 16, 2006 would be worth about $34,634 on October 23, 2026 with distributions reinvested.
What was the worst year for DFE?
The worst calendar year was 2008, with a total return of −52.4%. The best was 2009 at +51.4%.
What is the biggest drawdown of DFE?
The largest peak-to-trough decline was −69.4% between June 4, 2007 and March 9, 2009. It recovered to the old high on October 17, 2013, 4.6 years after the bottom.
How volatile is DFE?
Over the past 3 years DFE had an annualized volatility of 15.1% and a Sharpe ratio of 0.85 (excess return over 1–3 month T-bills per unit of risk).