DDWMWisdomTree Dynamic International Equity Fund
0.99%
Distribution yield
As of 6/12/2026
2.17%
30-day SEC yield
As of 6/12/2026
0.40%
Net expense ratio
As of 6/12/2026
1/7/2016
Inception Date
Overview
Why DDWM?
Why DDWM?
- Gain exposure to dividend paying companies in the developed international world, ex-U.S. and Canada, 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 all cap, broad-based active and passive strategies
*Prior to April 30, 2025, the Fund was known as the WisdomTree Dynamic Currency Hedged International Equity Fund.
Fund Overview
| Product Overview | As of 6/12/2026 |
|---|---|
| Expense Ratio | 0.40% |
| CUSIP | 97717X263 |
| Total Assets (000) | $1,437,763.56 |
| Shares Outstanding | 30,950,000 |
| Distribution Yield | 0.99% |
| SEC 30-day Yield | 2.17% |
| Options Available* | No |
| Inception Date | 1/7/2016 |
| Fiscal Year End | 06/30 |
*Options are not suitable for all investors.
| Trading Information | As of 6/12/2026 |
|---|---|
| 30-Day Average Volume | 115,541 |
| Implied Liquidity™ (Shares) | 5,596,710 |
| Implied Liquidity (000) | $259,991.77 |
| Lead Market Maker | Jane Street |
| Related index Symbol | WTDFAHD |
| NAV Symbol | DDWM.NV |
| Shares Out. Symbol | DDWM.SO |
Net Asset Value
| Net Asset Value | As of 6/12/2026 |
|---|---|
| NAV | $46.454 |
| Change | $0.871 |
| Change % | 1.91% |
| Premium/Discount to NAV | 0.462% |
Closing Market Price
| Closing Market Value | As of 6/12/2026 |
|---|---|
| Closing Market Price | $46.670 |
| Change | $0.200 |
| Change % | 0.43% |
| Median Bid/Ask Spread (30-Day Avg.) | 0.11% |
Market Capitalization
| Market Capitalization | As of 6/12/2026 |
|---|---|
| Total Market Capitalization ($ Trillion) | 25.52 |
| Fund MarketCap Breakdown | |
| Large Cap (> $10 Billion) | 76.64% |
| Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 15.65% |
| Small Cap (< $2 Billion) | 7.71% |
Portfolio Characteristics
| Portfolio Characteristics | As of 6/12/2026 |
|---|---|
| Dividend Yield | 3.13% |
| Price/Earnings | 17.39 |
| Estimated Price/Earnings | 15.30 |
| Price/Book | 2.29 |
| Price/Sales | 1.54 |
| Price/Cash Flow | 9.27 |
| Gross Buyback Yield | 1.54% |
| Net Buyback Yield | 1.14% |
Growth of Hypothetical 10K
Total Returns
Month End Performance (5/31/2026)
| Cumulative | 1 Month | 3 Month | YTD | Since Inception* | |
|---|---|---|---|---|---|
| Underlying Index Returns | 3.03% | -1.70% | 7.98% | 188.29% | |
| NAV Returns | 3.06% | -1.67% | 7.92% | 182.56% | |
| Market Price Returns | 2.61% | -1.48% | 7.68% | 182.31% | |
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| Underlying Index Returns | 22.55% | 19.93% | 13.15% | 10.68% | 10.71% |
| NAV Returns | 22.30% | 19.65% | 12.78% | 10.46% | 10.51% |
| Market Price Returns | 21.79% | 19.43% | 12.63% | 10.43% | 10.50% |
Quarter End Performance (3/31/2026)
| Cumulative | Since Inception* | ||||
|---|---|---|---|---|---|
| Underlying Index Returns | 165.95% | ||||
| NAV Returns | 160.77% | ||||
| Market Price Returns | 166.07% | ||||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| Underlying Index Returns | 22.06% | 15.89% | 12.28% | 10.04% | 10.03% |
| NAV Returns | 21.76% | 15.70% | 12.04% | 9.81% | 9.82% |
| Market Price Returns | 23.12% | 16.43% | 12.35% | 9.95% | 10.04% |
*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 5/31/2026
| Cumulative | 1 Month | 3 Month | Since Inception* | ||
|---|---|---|---|---|---|
| After Tax Held | 3.06% | -1.77% | 160.86% | ||
| After Tax Sold | 1.81% | -0.99% | 132.72% | ||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| After Tax Held | 21.65% | 18.73% | 11.82% | 9.59% | 9.66% |
| After Tax Sold | 13.71% | 15.36% | 9.98% | 8.39% | 8.46% |
Quarter End Performance 3/31/2026
| Cumulative | Since Inception* | ||||
|---|---|---|---|---|---|
| After Tax Held | 140.74% | ||||
| After Tax Sold | 117.47% | ||||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| After Tax Held | 21.11% | 14.80% | 11.08% | 8.95% | 8.97% |
| After Tax Sold | 13.47% | 12.21% | 9.41% | 7.87% | 7.89% |
*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 6/12/2026 | |
|---|---|
| Aggregate Hedge Ratio | 20.69% |
*Hedge ratios are implemented after the close of trading on the last business day of each month.
Country Allocation
| Country | Weight (%) |
|---|---|
| Japan | 24.71% |
| United Kingdom | 12.06% |
| France | 9.25% |
| Switzerland | 8.03% |
| Australia | 6.41% |
| Germany | 6.32% |
| Spain | 6.20% |
| Italy | 5.46% |
| Netherlands | 4.19% |
| Sweden | 3.89% |
| Hong Kong | 2.53% |
| Norway | 2.32% |
| Singapore | 2.05% |
| Finland | 1.54% |
| Israel | 1.35% |
| Belgium | 1.17% |
| Denmark | 1.03% |
| Austria | 0.42% |
| Ireland | 0.33% |
| Portugal | 0.23% |
| Luxembourg | 0.19% |
| Unknown | 0.14% |
| Macau | 0.12% |
| Lithuania | 0.03% |
| New Zealand | 0.01% |
| China | 0.01% |
Holdings
As of 6/12/2026
| Name | Weight (%) |
|---|---|
| HSBC Holdings PLC | 1.62 |
| Novartis AG | 1.16 |
| Nestle SA | 1.15 |
| Intesa Sanpaolo SpA | 1.13 |
| Shell Plc-New | 1.07 |
| ASML Holding NV | 1.07 |
| Roche Holding Ag | 1.06 |
| Toyota Motor Corp | 1 |
| British American Tobacco Plc | 0.95 |
| BHP Group Ltd | 0.92 |
| Remaining Portfolio | 88.86 |
*Holdings are subject to change without notice.
Sector Breakdown
As of 6/12/2026
| Name | Weight (%) |
|---|---|
Financials | 21.14 |
Industrials | 20.07 |
Consumer Discretionary | 10.53 |
Information Technology | 8.95 |
Health Care | 8.42 |
Consumer Staples | 7.6 |
Materials | 5.72 |
Utilities | 5.5 |
Communication Services | 5.43 |
Energy | 3.87 |
| Real Estate | 2.73 |
*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 |
|---|---|---|---|---|---|---|---|
| 3/26/2026 | 3/26/2026 | 3/30/2026 | $0.11500 | $0.00000 | $0.00000 | $0.00000 | $0.11500 |
| 12/26/2025 | 12/26/2025 | 12/30/2025 | $0.19121 | $0.00000 | $0.00000 | $0.00000 | $0.19121 |
| 9/25/2025 | 9/25/2025 | 9/29/2025 | $0.21500 | $0.00000 | $0.00000 | $0.00000 | $0.21500 |
| 6/25/2025 | 6/25/2025 | 6/27/2025 | $0.55500 | $0.00000 | $0.00000 | $0.00000 | $0.55500 |
Thought Leadership


Christopher Gannatti, CFA
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Most ETFs have two prices, and the gap between them can reveal more than investors realize. Christopher Gannatti explains why NAV and Market Price exist, what drives them apart, and how understanding the difference can provide insight into market sentiment, liquidity, and ETF mechanics.
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- Megatrends


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Glass and Light: The Infrastructure Layer of the Quantum Market Is Missing
Nvidia’s multibillion-dollar investments in photonics aren't just fueling AI, they may be quietly building the backbone of future quantum computing. Christopher Gannatti makes the case that companies like Lumentum, Corning, and Cisco could benefit from a long-term quantum infrastructure buildout, even as AI remains the primary driver today.
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- Fixed Income
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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. 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. A Fund that has exposure to one or more sectors may be more vulnerable to any single economic or regulatory development. This may result in greater share price volatility. The composition of the Index underlying the Fund is heavily dependent on quantitative models and data from one or more third parties, and the Index 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 or take defensive positions in declining markets. 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.
