DDLSWisdomTree Dynamic International SmallCap Equity Fund
2.76%
Distribution yield
As of 11/9/2026
3.88%
30-day SEC yield
As of 11/9/2026
0.48%
Net expense ratio
As of 11/10/2026
1/7/2016
Inception Date
Overview
Product Description
WisdomTree Dynamic 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. Learn more about the Index that DDLS is designed to track.
Why DDLS?
- Gain exposure to small cap dividend paying companies in the developed international world, while dynamically hedging currency exposure
- A rules-based process that uses a combination of momentum, value and interest rate factors to help determine the currency hedge ratio
- Use to complement or replace international developed small cap active and passive strategies
*Prior to April 30, 2025, the Fund was known as the WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund.
Fund Overview
Product Overview | As of 11/10/2026 |
|---|---|
| Expense Ratio | 0.48% |
| CUSIP | 97717X271 |
| Total Assets (000) | $406,004.03 |
| Shares Outstanding | 9,100,000 |
| Distribution Yield | 2.76% |
| SEC 30-day Yield | 3.88% |
| Options Available* | No |
| Inception Date | 1/7/2016 |
| Fiscal Year End | 06/30 |
*Options are not suitable for all investors.
Trading Information | As of 11/9/2026 |
|---|---|
| 30-Day Average Volume | 15,358 |
| Implied Liquidity™ (Shares) | 6,534,375 |
| Implied Liquidity (000) | $288,377.75 |
| Lead Market Maker | Jane Street |
| Related index Symbol | WTISDIHD |
| NAV Symbol | DDLS.NV |
| Shares Out. Symbol | DDLS.SO |
Net Asset Value
Net Asset Value | As of 11/10/2026 |
|---|---|
| NAV | $44.616 |
| Change | $0.483 |
| Change % | 1.10% |
| Premium/Discount to NAV | 0.58% |
Closing Market Price
Closing Market Value | As of 11/9/2026 |
|---|---|
| Closing Market Price | $44.390 |
| Change | $0.885 |
| Change % | 2.03% |
| Median Bid/Ask Spread (30-Day Avg.) | 0.18% |
Market Capitalization
Market Capitalization | As of 11/9/2026 |
|---|---|
| Total Market Capitalization ($ Trillion) | 1.67 |
| Fund MarketCap Breakdown | |
| Large Cap (> $10 Billion) | 0.00% |
| Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 39.73% |
| Small Cap (< $2 Billion) | 60.27% |
Portfolio Characteristics
Portfolio Characteristics | As of 11/9/2026 |
|---|---|
| Dividend Yield | 4.21% |
| Price/Earnings | 12.58 |
| Estimated Price/Earnings | 12.14 |
| Price/Book | 1.38 |
| Price/Sales | 0.77 |
| Price/Cash Flow | 7.69 |
| Gross Buyback Yield | 1.28% |
| Net Buyback Yield | 0.37% |
The measures above refer to the underlying securities of the holdings in the Funds' portfolios and should not be considered reflective of the Funds' performance.
Results are not indicative of future performance.
Total Returns
Month End Performance (10/31/2026)
Cumulative | 1 Month | 3 Month | YTD | Since Inception* | |
|---|---|---|---|---|---|
| Underlying Index Returns | -2.67% | -0.38% | 6.46% | 180.05% | |
| NAV Returns | -2.76% | -0.54% | 5.96% | 168.45% | |
| Market Price Returns | -2.39% | -0.74% | 5.65% | 167.81% | |
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| Underlying Index Returns | 11.10% | 19.92% | 9.89% | 9.66% | 9.98% |
| NAV Returns | 10.54% | 19.33% | 9.49% | 9.23% | 9.56% |
| Market Price Returns | 10.28% | 18.57% | 9.10% | 9.22% | 9.53% |
Quarter End Performance (9/30/2026)
Cumulative | Since Inception* | ||||
|---|---|---|---|---|---|
| Underlying Index Returns | 187.73% | ||||
| NAV Returns | 176.06% | ||||
| Market Price Returns | 174.35% | ||||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| Underlying Index Returns | 12.90% | 19.49% | 10.58% | 9.98% | 10.34% |
| NAV Returns | 12.35% | 18.89% | 10.20% | 9.56% | 9.92% |
| Market Price Returns | 11.84% | 18.46% | 9.93% | 9.44% | 9.86% |
*Fund inception Date 1/7/2016
Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.
WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.
After Tax Returns
Month End Performance 10/31/2026
Cumulative | 1 Month | 3 Month | Since Inception* | ||
|---|---|---|---|---|---|
| After Tax Held | -2.76% | -0.81% | 147.55% | ||
| After Tax Sold | -1.63% | -0.32% | 123.63% | ||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| After Tax Held | 9.22% | 18.25% | 8.41% | 8.40% | 8.74% |
| After Tax Sold | 6.42% | 15.14% | 7.28% | 7.39% | 7.72% |
Quarter End Performance 9/30/2026
Cumulative | Since Inception* | ||||
|---|---|---|---|---|---|
| After Tax Held | 154.57% | ||||
| After Tax Sold | 128.96% | ||||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| After Tax Held | 11.01% | 17.81% | 9.12% | 8.72% | 9.10% |
| After Tax Sold | 7.47% | 14.76% | 7.84% | 7.66% | 8.02% |
*Fund inception Date 1/7/2016
Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.
WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.
After-Tax Held Returns represent return on Fund shares after taxes on distributions and assumes Fund shares have not been sold. After-Tax Sold Returns represent returns on Fund shares after taxes on distributions and the sale of the Fund shares.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's individual tax rates and may differ from those shown.
In some cases the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of fund shares at the end of the measurement period.
Hedge Ratio
As of 11/10/2026 | |
|---|---|
| Aggregate Hedge Ratio | 73.70% |
*Hedge ratios are implemented after the close of trading on the last business day of each month.
Country Allocation
Country | Weight (%) |
|---|---|
| Japan | 39.08% |
| United Kingdom | 12.56% |
| Australia | 7.51% |
| Sweden | 5.61% |
| Norway | 4.99% |
| Israel | 4.95% |
| Singapore | 3.31% |
| Hong Kong | 2.59% |
| France | 2.50% |
| Germany | 2.37% |
| Italy | 2.20% |
| Spain | 2.14% |
| Belgium | 1.91% |
| Finland | 1.79% |
| Switzerland | 1.42% |
| Portugal | 1.35% |
| Netherlands | 0.76% |
| Denmark | 0.71% |
| Austria | 0.58% |
| Ireland | 0.43% |
| China | 0.31% |
| Luxembourg | 0.28% |
| Jersey | 0.24% |
| Bermuda | 0.14% |
| Unknown | 0.11% |
| Faroe Islands | 0.06% |
| Lithuania | 0.05% |
| Thailand | 0.03% |
| Malaysia | 0.02% |
Holdings
As of 11/9/2026
Name | Weight (%) |
|---|---|
| Dof Group Asa | 0.53 |
| NOS SGPS SA | 0.49 |
| Solvay SA | 0.45 |
| Ts Lines Ltd | 0.41 |
| ITV PLC | 0.4 |
| ODFJELL DRILLING LTD | 0.38 |
| Proximus SA | 0.38 |
| HAMMERSON PLC | 0.35 |
| KENON HOLDINGS LTD | 0.34 |
| Dunelm Group PLC | 0.34 |
| Remaining Portfolio | 95.94 |
*Holdings are subject to change without notice.
Sector Breakdown
As of 11/9/2026
Name | Weight (%) |
|---|---|
Industrials | 24.25 |
Consumer Discretionary | 13.84 |
Financials | 13.15 |
Materials | 10.16 |
Consumer Staples | 8.04 |
Information Technology | 7.75 |
Real Estate | 7.39 |
Communication Services | 5.48 |
Energy | 4.29 |
| Health Care | 3.93 |
Utilities | 1.71 |
*Sectors are subject to change without notice
Recent Distributions
Ex-Dividend Date | Record Date | Payable Date | Ordinary Income | Short Term Capital Gains | Long Term Capital Gains | Return of Capital | Total Distribution |
|---|---|---|---|---|---|---|---|
| 9/25/2026 | 9/25/2026 | 9/29/2026 | $0.30500 | $0.00000 | $0.00000 | $0.00000 | $0.30500 |
| 6/25/2026 | 6/25/2026 | 6/29/2026 | $0.76500 | $0.00000 | $0.00000 | $0.00000 | $0.76500 |
| 3/26/2026 | 3/26/2026 | 3/30/2026 | $0.10000 | $0.00000 | $0.00000 | $0.00000 | $0.10000 |
| 12/26/2025 | 12/26/2025 | 12/30/2025 | $0.33671 | $0.00000 | $0.00000 | $0.00000 | $0.33671 |
Thought Leadership
Samuel Rines, Bradley Krom, Kevin Flanagan
The Results Are in…Now on to 2028
A slower AI buildout could ease financing pressures on technology companies, while reduced trade uncertainty may support equities abroad. Sam Rines, Bradley Krom and Kevin Flanagan assess how the election could affect infrastructure spending, Treasury borrowing and portfolio positioning through 2028.
- Market Outlook
- AI
- U.S. Treasuries
- International Equities
- Geopolitical Opportunities
- Value
- Quality Growth
- Europe
- Japan
Brian Manby, CFA
To Find More Technology and Growth in Developed Equities, Look Beyond Your Borders
Traditional developed international allocations can miss major companies supporting the global AI buildout because Taiwan and South Korea remain outside the MSCI EAFE universe. Brian Manby makes the case for broadening the developed market opportunity set and explains how the WisdomTree True Developed International Fund (DOL) applies that approach within a dividend-focused strategy.
- International Equities
Christopher Gannatti, CFA, Baoqi Zhu
Japan’s Defense Sector Reaches an Inflection Point
Japan reached its defense spending target two years ahead of schedule, and new taxes and export reforms could support a longer-lasting defense industry cycle. Christopher Gannatti and Baoqi Zhu examine what these policy and market changes could mean for Japanese defense companies and Asia-Pacific defense investing.
- International Equities
- Geopolitical Opportunities
Jonathan Flynn
The Return of the De-Dollarization Theme? Winners and Losers in the $40 Trillion Debt Era
U.S. debt has surpassed $40 trillion as rising interest costs and long-term Treasury yields bring the de-dollarization theme back into focus. Jon Flynn examines how a weaker dollar, lower real rates and persistent inflation could reshape potential winners and losers across asset classes.
- Market News
- Gold
- Commodities
- Emerging Markets
- Fixed Income
- International Equities
Documents
Collateral
Index
Reports and Regulatory
Other Links and Documents
Important Risk Information
This information must be preceded or accompanied by a prospectus, click here to view or download prospectus. We advise you to consider the fund's objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information about the fund. Please read the prospectus carefully before you invest.
There are risks associated with investing, including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Funds focusing their investments on certain sectors and/or smaller companies increase their vulnerability to any single economic or regulatory development. The Fund invests in derivatives in seeking to obtain a dynamic currency hedge exposure. Derivative investments can be volatile, and these investments may be less liquid than other securities, and more sensitive to the effects of varied economic conditions. Derivatives used by the Fund may not perform as intended. The Fund invests in the securities included in, or representative of, its Index regardless of their investment merit, and the Fund does not attempt to outperform its Index. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.
Dividends are not guaranteed and a company’s future ability to pay dividends may be limited. A company currently paying dividends may cease paying dividends at any time.
Hedging can help returns when a foreign currency depreciates against the U.S. dollar, but can hurt when the foreign currency appreciates against the U.S. dollar.
- Fund Distribution Yield - Fund Distribution Yield is calculated by annualizing the most recent Fund distribution and dividing by the current Fund NAV. The yield represents a single distribution from the Fund and does not represent the total returns of the Fund.
- SEC 30-day Yield – The yield figure reflects the dividends and interest earned during the period, after the deduction of the fund's expenses. This is also referred to as the "standardized yield"
- Cost to hedge - Calculated by assessing the interest rate differential between short-term rates in the U.S. and the respective foreign currency. This cost is included into the performance of the fund and is not a separate fee.
- Embedded Income Yield - represents the trailing 12-month dividend yield minus the cost of hedge. This represents the dividend yield adjusted for the cost of hedge and assumed for no change in foreign exchange rates.
WisdomTree Funds are distributed by Foreside Fund Services, LLC in the U.S. only.
Neither WisdomTree, Inc., nor its affiliates, nor Foreside Fund Services, LLC, or its affiliates provide tax advice. All references to tax matters or information provided on this site are for illustrative purposes only and should not be considered tax advice and cannot be used for the purpose of avoiding tax penalties. Investors seeking tax advice should consult an independent tax advisor.