# WisdomTree Dynamic International SmallCap Equity ETF (DDLS): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ddls for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: WisdomTree · Asset class: International Equity - Strategy: Thematic · Inception: 2016-01-07 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 rate... ## Key Facts | Metric | Value | |---|---| | Price | $44.19 | | Expense Ratio | 0.48% | | Assets Under Management | $415.4M | | NAV | $44.90 | | Holdings Count | 1033 | | Distribution Yield (TTM) | 3.41% | | Annual Distribution (TTM) | $1.51 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $40.57 – $47.03 | | Beta | 0.77 | ## Latest Distribution - Amount: $0.3050 /share - Ex-date: 2026-09-25 - Pay date: 2026-09-29 ## Frequently Asked Questions ### 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 $415.4M 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. ### Does DDLS pay a dividend? WisdomTree Dynamic International SmallCap Equity ETF (DDLS) currently distributes little or no income. Trailing-twelve-month yield is 3.41%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DDLS pay dividends? WisdomTree Dynamic International SmallCap Equity ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DDLS's dividend yield? DDLS's trailing-twelve-month yield is 3.41%, calculated from the sum of dividends over the past year divided by the current price. ### When is DDLS's next ex-dividend date? The most recently announced ex-dividend date for DDLS was 2026-09-25. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will DDLS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.48% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DDLS charge its expense ratio? The expense ratio is deducted in tiny daily slices from DDLS's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DDLS cost more than a fund like VOO? DDLS's strategy (current expense ratio 0.48%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where DDLS sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to DDLS? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DDLS (0.48%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ddls - Distribution history: https://www.dividenddata.com/funds/ddls/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ddls/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ddls/expenses - Peer comparison: https://www.dividenddata.com/funds/ddls/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.