WisdomTree International Multifactor (DWMF) Performance
DWMF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.0% since Dec 31, 2025
- 1 year
- +3.7% total return
- 5 years
- +7.9% a year
- Since first price
- +6.7% a year since 2018
DWMF trailing returns vs SPY, QQQ, AGG
| Period | DWMF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.0% | −3.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.2% | −3.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.4% | −4.4% | +7.8% | +8.4% | −1.5% |
| YTD | +2.0% | −0.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +3.7% | +0.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +48.9%+14.2%/yr | +35.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +46.2%+7.9%/yr | +23.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionAug 10, 2018 | +69.9%+6.7%/yr | +31.1% | — | — | — |
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: DWMF vs SPY
From Aug 10, 2018: DWMF grew to $16,989, SPY to $30,389.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DWMF returns by calendar year
5 of 7 full years positive. Best 2025 (+24.4%), worst 2022 (−7.3%). 2026 is year to date.
DWMF annual returns table
| Year | DWMF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.0% | −8.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +24.4% | −7.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.2% | −5.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +10.8% | −5.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.3% | −16.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +11.2% | −5.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −1.2% | −29.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +16.1% | −7.2% | +31.2% | +39.0% | +8.5% |
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.
DWMF largest drawdowns
Now 7.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −29.7% | Mar 16, 2020 | Apr 5, 2021 | 26 days | 1.1 years |
| Sep 7, 2021 | −17.0% | Sep 30, 2022 | Apr 13, 2023 | 1.1 years | 1.6 years |
| Sep 28, 2018 | −10.3% | Dec 21, 2018 | Mar 18, 2019 | 3 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DWMF risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +14.1% | +8.8% | +7.1% |
| Volatility (annualized) | 8.6% | 10.2% | 11.2% |
| Sharpe ratio | 1.08 | 0.53 | 0.43 |
| Sortino ratio | 1.87 | 0.82 | 0.61 |
| Best month | +6.2% | +7.2% | +7.2% |
| Worst month | −5.3% | −6.3% | −11.3% |
| Best 12 months | +28.6% | +28.6% | +28.6% |
| Worst 12 months | +7.2% | −13.1% | −13.2% |
| Positive months | 69% | 62% | 65% |
| Beta vs S&P 500 | 0.15 | 0.39 | — |
| Correlation with S&P 500 | 0.22 | 0.60 | — |
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.
DWMF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 87 | −13.2% | +9.9% | +28.6% | 77% |
| 3-year (a year) | 63 | −1.6% | +5.6% | +17.8% | 97% |
| 5-year (a year) | 39 | +2.8% | +7.9% | +11.7% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
DWMF performance overview
WisdomTree International Multifactor (DWMF) returned +3.7% over the past year and +7.9% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +6.7% a year, turning $10,000 into about $16,989. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −29.7%, from Feb 19, 2020 to Mar 16, 2020, and it took 1.1 years to get back to the old high. DWMF finished 5 of its 7 full calendar years with a gain; the best year was 2025 (+24.4%) and the worst 2022 (−7.3%). Volatility has been 11.2% a year.
Related: DWMF chart, DWMF holdings, DWMF dividends. See the DWMF overview for the latest quote and fund facts.
DWMF performance FAQ
What is the DWMF return over the past year?
DWMF returned +3.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 0.7%.
What is the average annual return of DWMF?
DWMF has returned +7.9% a year over 5 years, +6.7% a year since August 10, 2018 (total return, distributions reinvested).
How much would $10,000 invested in DWMF be worth?
$10,000 invested in DWMF at its first recorded close on August 10, 2018 would be worth about $16,989 on October 23, 2026 with distributions reinvested.
What was the worst year for DWMF?
The worst calendar year was 2022, with a total return of −7.3%. The best was 2025 at +24.4%.
What is the biggest drawdown of DWMF?
The largest peak-to-trough decline was −29.7% between February 19, 2020 and March 16, 2020. It recovered to the old high on April 5, 2021, 1.1 years after the bottom.
How volatile is DWMF?
Over the past 3 years DWMF had an annualized volatility of 8.6% and a Sharpe ratio of 1.08 (excess return over 1–3 month T-bills per unit of risk).