WisdomTree Global ex-U.S. Quality Dividend… (DNL) Performance
DNL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.3% since Dec 31, 2025
- 1 year
- +6.7% total return
- 5 years
- +3.1% a year
- 10 years
- +8.4% a year
- Since first price
- +5.2% a year since 2006
DNL trailing returns vs SPY, QQQ, AGG
| Period | DNL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.4% | −2.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.2% | −2.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.4% | +0.9% | +7.8% | +8.4% | −1.5% |
| YTD | +6.3% | +5.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.7% | +5.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +41.2%+12.2%/yr | +34.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +16.6%+3.1%/yr | +3.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +123.4%+8.4%/yr | +79.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +160.1%+6.6%/yr | +85.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +159.9%+4.9%/yr | +61.7% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJun 16, 2006 | +180.1%+5.2%/yr | +74.3% | — | — | — |
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: DNL vs SPY
From Jun 16, 2006: DNL grew to $28,014, SPY to $88,269.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DNL returns by calendar year
10 of 19 full years positive. Best 2019 (+36.2%), worst 2022 (−22.4%). 2026 is year to date.
DNL annual returns table
| Year | DNL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.3% | −12.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.0% | −15.6% | +17.7% | +20.8% | +7.2% |
| 2024 | −0.6% | −11.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.0% | −12.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −22.4% | −34.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +16.1% | −8.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +18.2% | −32.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +36.2% | −6.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −14.8% | −22.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +31.1% | −2.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +4.3% | −10.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −7.1% | −20.9% | +1.2% | +9.4% | +0.5% |
| 2014 | −0.1% | −11.8% | +13.5% | +19.2% | +6.0% |
| 2013 | −1.7% | −14.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +17.6% | −18.4% | +16.0% | +18.1% | +3.8% |
| 2011 | −11.8% | −30.1% | +1.9% | +3.4% | +7.7% |
| 2010 | +14.1% | −18.2% | +15.1% | +19.9% | +6.4% |
| 2009 | +13.5% | −27.5% | +26.4% | +54.7% | +3.0% |
| 2008 | −12.7% | −36.4% | −36.8% | −41.7% | +7.9% |
| 2007 | −7.8% | −15.4% | +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.
DNL largest drawdowns
Now 7.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 23, 2007 | −44.5% | Mar 9, 2009 | Mar 30, 2011 | 2.0 years | 4.0 years |
| Jan 4, 2022 | −34.9% | Sep 26, 2022 | Jul 10, 2024 | 9 months | 2.5 years |
| Jan 17, 2020 | −32.2% | Mar 23, 2020 | Aug 12, 2020 | 2 months | 7 months |
| Apr 29, 2011 | −30.1% | Oct 4, 2011 | Jul 3, 2014 | 5 months | 3.2 years |
| May 15, 2015 | −25.0% | Jan 20, 2016 | May 5, 2017 | 8 months | 2.0 years |
| Jan 26, 2018 | −22.4% | Dec 24, 2018 | Oct 28, 2019 | 11 months | 1.8 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DNL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +12.0% | +4.4% | +8.5% | +5.3% |
| Volatility (annualized) | 13.4% | 18.0% | 16.3% | 16.5% |
| Sharpe ratio | 0.59 | 0.13 | 0.44 | 0.32 |
| Sortino ratio | 0.96 | 0.19 | 0.66 | 0.47 |
| Best month | +9.6% | +15.4% | +15.4% | +15.4% |
| Worst month | −7.9% | −12.1% | −12.1% | −17.2% |
| Best 12 months | +22.3% | +24.1% | +49.9% | +49.9% |
| Worst 12 months | −6.4% | −29.0% | −29.0% | −29.0% |
| Positive months | 61% | 57% | 62% | 58% |
| Beta vs S&P 500 | 0.85 | 0.98 | 0.91 | — |
| Correlation with S&P 500 | 0.78 | 0.85 | 0.85 | — |
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.
DNL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 233 | −29.0% | +6.3% | +49.9% | 67% |
| 3-year (a year) | 209 | −6.4% | +5.7% | +23.2% | 84% |
| 5-year (a year) | 185 | −2.7% | +5.2% | +15.9% | 90% |
| 10-year (a year) | 125 | +0.3% | +5.9% | +10.0% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
DNL performance overview
WisdomTree Global ex-U.S. Quality Dividend… (DNL) returned +6.7% over the past year and +8.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +5.2% a year, turning $10,000 into about $28,014. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −44.5%, from Mar 23, 2007 to Mar 9, 2009, and it took 2.1 years to get back to the old high. DNL finished 10 of its 19 full calendar years with a gain; the best year was 2019 (+36.2%) and the worst 2022 (−22.4%). Volatility has been 16.5% a year.
Related: DNL chart, DNL holdings, DNL dividends. See the DNL overview for the latest quote and fund facts.
DNL performance FAQ
What is the DNL return over the past year?
DNL returned +6.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.5%.
What is the average annual return of DNL?
DNL has returned +3.1% a year over 5 years, +8.4% a year over 10 years, +5.2% a year since June 16, 2006 (total return, distributions reinvested).
How much would $10,000 invested in DNL be worth?
$10,000 invested in DNL at its first recorded close on June 16, 2006 would be worth about $28,014 on October 23, 2026 with distributions reinvested.
What was the worst year for DNL?
The worst calendar year was 2022, with a total return of −22.4%. The best was 2019 at +36.2%.
What is the biggest drawdown of DNL?
The largest peak-to-trough decline was −44.5% between March 23, 2007 and March 9, 2009. It recovered to the old high on March 30, 2011, 2.1 years after the bottom.
How volatile is DNL?
Over the past 3 years DNL had an annualized volatility of 13.4% and a Sharpe ratio of 0.59 (excess return over 1–3 month T-bills per unit of risk).