DDWM vs SPY
WisdomTree Dynamic International Equity Fund vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. DDWM offers more diversification with 1,462 holdings.
Side-by-Side Comparison
| Metric | DDWM | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.09% | |
| AUM | $1.5B | $821.1B | |
| Dividend Yield | 2.52% | 1.01% | |
| Holdings | 1,462 | 505 | |
| YTD Return | +7.17% | +12.22% | |
| 1Y Return | +13.32% | +20.83% | |
| 3Y Return (annualized) | +18.63% | +21.70% | |
| 5Y Return (annualized) | +12.44% | +12.98% | |
| Volatility (annualized) | 12.4% | 15.3% | |
| Max Drawdown | -35.0% | -56.5% | |
| Fund Family | WisdomTree Investments | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jan 7, 2016 | Jan 22, 1993 |
DDWM vs SPY Performance
WisdomTree Dynamic International Equity Fund (DDWM) is a ETF from WisdomTree Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year DDWM returned +13.32% while SPY returned +20.83%. Year to date, DDWM is up 7.17% versus a gain of 12.22% for SPY.
Over three years, DDWM compounded at +18.63% per year against +21.70% for SPY; over five years the annualized figures are +12.44% and +12.98% respectively. Across the full 11-year window we track, DDWM has the edge at +10.27% annualized vs +8.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.4% for DDWM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.0% for DDWM and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DDWM charges 0.40% per year while SPY charges 0.09%. On a $10,000 position that is $40 vs $9 annually, a gap of $31 per year that compounds over a long holding period. On income, DDWM currently yields 2.52% against 1.01% for SPY.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, DDWM or SPY?
DDWM has an expense ratio of 0.40% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
Which performed better, DDWM or SPY?
Over the past year DDWM returned +13.32% vs +20.83% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (11 years), DDWM annualized +10.27% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, DDWM or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 12.4% for DDWM. Worst drawdown: DDWM -35.0% vs SPY -56.5%.
Should I hold both DDWM and SPY?
DDWM and SPY have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DDWM and SPY?
DDWM and SPY share 2 common holdings with a 0.1% weight overlap. Combined, they hold 1740 unique securities.
Which pays a higher dividend, DDWM or SPY?
DDWM yields 2.52% while SPY yields 1.01%, so DDWM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.