WisdomTree International SmallCap Dividend Fund (DLS) Performance
DLS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.8% since Dec 31, 2025
- 1 year
- +11.4% total return
- 5 years
- +6.8% a year
- 10 years
- +7.4% a year
- Since first price
- +6.3% a year since 2006
DLS trailing returns vs SPY, QQQ, AGG
| Period | DLS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.6% | −3.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.0% | +1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.9% | −0.5% | +7.8% | +8.4% | −1.5% |
| YTD | +7.8% | +5.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.4% | +7.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +75.0%+20.5%/yr | +55.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +39.1%+6.8%/yr | +12.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +104.8%+7.4%/yr | +40.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +219.0%+8.0%/yr | +84.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +211.5%+5.8%/yr | +50.2% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJun 16, 2006 | +249.3%+6.3%/yr | +68.4% | — | — | — |
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: DLS vs SPY
From Jun 16, 2006: DLS grew to $34,930, SPY to $88,269.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DLS returns by calendar year
13 of 19 full years positive. Best 2009 (+37.1%), worst 2008 (−44.4%). 2026 is year to date.
DLS annual returns table
| Year | DLS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.8% | −11.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +34.1% | −12.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +3.1% | −9.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.3% | −12.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −17.3% | −28.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +11.7% | −10.9% | +28.7% | +27.4% | −1.8% |
| 2020 | −1.3% | −41.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +22.2% | −10.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −19.0% | −26.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +31.8% | −3.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +6.8% | −11.8% | +12.0% | +7.1% | +2.4% |
| 2015 | +7.5% | −14.0% | +1.2% | +9.4% | +0.5% |
| 2014 | −9.0% | −16.5% | +13.5% | +19.2% | +6.0% |
| 2013 | +26.3% | −10.7% | +32.3% | +36.6% | −2.0% |
| 2012 | +24.0% | −14.4% | +16.0% | +18.1% | +3.8% |
| 2011 | −12.3% | −22.6% | +1.9% | +3.4% | +7.7% |
| 2010 | +19.4% | −18.6% | +15.1% | +19.9% | +6.4% |
| 2009 | +37.1% | −26.2% | +26.4% | +54.7% | +3.0% |
| 2008 | −44.4% | −53.8% | −36.8% | −41.7% | +7.9% |
| 2007 | +4.4% | −14.1% | +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.
DLS largest drawdowns
Now 4.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 31, 2007 | −63.1% | Mar 9, 2009 | Sep 9, 2013 | 1.4 years | 5.9 years |
| Jan 26, 2018 | −44.8% | Mar 23, 2020 | Apr 5, 2021 | 2.2 years | 3.2 years |
| Sep 3, 2021 | −32.2% | Oct 12, 2022 | Sep 26, 2024 | 1.1 years | 3.1 years |
| Jul 3, 2014 | −18.0% | Feb 11, 2016 | Sep 8, 2016 | 1.6 years | 2.2 years |
| Jul 19, 2007 | −14.1% | Aug 16, 2007 | Oct 31, 2007 | 28 days | 3 months |
| Sep 26, 2024 | −12.7% | Apr 7, 2025 | Apr 25, 2025 | 6 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DLS risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +19.5% | +7.8% | +7.5% | +6.3% |
| Volatility (annualized) | 13.1% | 15.7% | 16.1% | 17.9% |
| Sharpe ratio | 1.10 | 0.33 | 0.39 | 0.36 |
| Sortino ratio | 1.81 | 0.49 | 0.54 | 0.50 |
| Best month | +7.8% | +11.6% | +11.6% | +13.5% |
| Worst month | −8.5% | −10.8% | −20.8% | −23.7% |
| Best 12 months | +42.9% | +42.9% | +54.4% | +70.1% |
| Worst 12 months | +3.1% | −27.2% | −27.2% | −53.1% |
| Positive months | 72% | 62% | 62% | 61% |
| Beta vs S&P 500 | 0.61 | 0.72 | 0.83 | — |
| Correlation with S&P 500 | 0.57 | 0.72 | 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.
DLS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 233 | −53.1% | +8.1% | +70.1% | 64% |
| 3-year (a year) | 209 | −13.7% | +6.1% | +26.5% | 79% |
| 5-year (a year) | 185 | −6.2% | +5.9% | +23.8% | 84% |
| 10-year (a year) | 125 | +2.3% | +6.1% | +13.2% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
DLS performance overview
WisdomTree International SmallCap Dividend Fund (DLS) returned +11.4% 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 $34,930. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −63.1%, from Oct 31, 2007 to Mar 9, 2009, and it took 4.5 years to get back to the old high. DLS finished 13 of its 19 full calendar years with a gain; the best year was 2009 (+37.1%) and the worst 2008 (−44.4%). Volatility has been 17.9% a year.
Related: DLS chart, DLS holdings, DLS dividends. See the DLS overview for the latest quote and fund facts.
DLS performance FAQ
What is the DLS return over the past year?
DLS returned +11.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.5%.
What is the average annual return of DLS?
DLS has returned +6.8% 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 DLS be worth?
$10,000 invested in DLS at its first recorded close on June 16, 2006 would be worth about $34,930 on October 23, 2026 with distributions reinvested.
What was the worst year for DLS?
The worst calendar year was 2008, with a total return of −44.4%. The best was 2009 at +37.1%.
What is the biggest drawdown of DLS?
The largest peak-to-trough decline was −63.1% between October 31, 2007 and March 9, 2009. It recovered to the old high on September 9, 2013, 4.5 years after the bottom.
How volatile is DLS?
Over the past 3 years DLS had an annualized volatility of 13.1% and a Sharpe ratio of 1.10 (excess return over 1–3 month T-bills per unit of risk).