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ETFs

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund

DDLS
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jan 07 2016
Expense Ratio
0.48%
Type
Global Ex. US Equities
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$867,641
AUM
$198,057,536
Associated Index
WisdomTree Dynamic Currency Hedged International SmallCap Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

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Invest with DDLS

What is DDLS?

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund seeks to track the performance of the small-capitalization segment of dividend-paying companies in the industrialized world outside of the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. The WisdomTree Dynamic Currency Hedged International SmallCap Equity Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada and is designed to remove from index performance the impact of changes to the value of foreign currencies relative to the U.S. dollar with a hedge ratio ranging from 0 to 100% on a monthly basis. The Index is comprised of the companies that compose the bottom 25% of the market capitalization of the WisdomTree International Equity Index after the 300 largest companies have been removed. Companies are weighted in the Index based on annual cash dividends paid.

ETFs related toDDLS

ETFs correlated to DDLS include DLS, SCZ, DFIS

DDLS
WisdomTree Trust - WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund
DLS
WisdomTree Trust - WisdomTree International SmallCap Dividend Fund
SCZ
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Small-Cap ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
DISV
Dimensional ETF Trust - Dimensional International Small Cap Value ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

DDLS is a Global Ex. US Equities ETF. WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund seeks to track the performance of the small-capitalization segment of dividend-paying companies in the industrialized world outside of the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. The WisdomTree Dynamic Currency Hedged International SmallCap Equity Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada and is designed to remove from index performance the impact of changes to the value of foreign currencies relative to the U.S. dollar with a hedge ratio ranging from 0 to 100% on a monthly basis. The Index is comprised of the companies that compose the bottom 25% of the market capitalization of the WisdomTree International Equity Index after the 300 largest companies have been removed. Companies are weighted in the Index based on annual cash dividends paid.

DDLS tracks the WisdomTree Dynamic Currency Hedged International SmallCap Equity Index.

DDLS dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

No, DDLS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DDLS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DDLS is 0.0181%. This is the percent change in the value of DDLS over the most recent 1-month period. The 3-month return on DDLS is 0.0135%. This is the percent change in the value of DDLS over the most recent 3-month period.

The standard deviation of DDLS for the past year is 0.1376%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DDLS include DGS, DFIV, and DXJ.

ETFs correlated to DDLS include DLS, SCZ, and DFIS.

ETFs that are inversely correlated to DDLS include EFZ, EPV, and TZA.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.