WisdomTree Dynamic International SmallCap Equity ETF

Frequently Asked Questions About DDLS

What does DDLS invest in?

DDLS offers exposure to dividend-paying international small-cap stocks with a dynamic currency hedge for US investors. The fund holds small-caps from developed markets outside the US, excluding Canada and S. Korea. Like many WisdomTree funds, DDWM holds only dividend-paying stocks, weighted by total cash dividends over past 12 months. Sister fund DLS (unhedged) shares this equity exposure. DDLS departs from its sibling by setting currency hedge levels anywhere from 0-100%, reset monthly. To determine the hedge amount, the fund uses three equally weighted inputs: differences in interest rates (the cost of the hedge), momentum (based on 10- and 240-day moving averages) and long term valuation (purchasing power parity). Variable hedging offers at least the possibility of enjoying more currency upside than downside. In all, the fund may appeal to long term investors who want a broad basket of dividend-paying small-cap stocks with variable, rules-based currency hedging. Prior to April 30, 2025, the term 'currency hedged' was removed from both the fund's name and its index name.

What is the expense ratio of DDLS?

WisdomTree Dynamic International SmallCap Equity ETF (DDLS) charges an expense ratio of 0.48%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DDLS?

WisdomTree Dynamic International SmallCap Equity ETF (DDLS) manages $427.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DDLS actively managed or an index fund?

DDLS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DDLS launched?

WisdomTree Dynamic International SmallCap Equity ETF (DDLS) launched in January 2016 and is managed by WisdomTree.

How has DDLS performed?

DDLS's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.