DLS vs VYM
WisdomTree International SmallCap Dividend Fund vs Vanguard High Dividend Yield ETF
Which is better, DLS or VYM?
Small Cap Growth against Large Cap Value.
VYM has a lower expense ratio. DLS led over 3Y, VYM over 1Y, 5Y and the full window. DLS is less concentrated, with 5.6% of the fund in its ten largest positions against 25.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DLS | VYM |
|---|---|---|
| Expense Ratio | 0.58% | 0.04%Best |
| AUM | $1.1B | $81.6B |
| Dividend Yield | 3.50% | 2.24% |
| Holdings | 1,014 | 613 |
| YTD Return | +12.78% | +14.82%Best |
| 1Y Return | +18.90% | +20.84%Best |
| 3Y Return (annualized) | +19.10%Best | +18.64% |
| 5Y Return (annualized) | +7.07% | +12.28%Best |
| Volatility (annualized) | 17.9% | 14.5%Best |
| Max Drawdown | -66.0% | -58.8%Best |
| $10,000 over 5 years | $14,071 | $17,845Best |
| Top 10 Weight | 5.6%Best | 25.9% |
| Fund Family | WisdomTree Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Value |
| Inception | Jun 16, 2006 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 4, 2026 (19.8 years).
DLS vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 19.8 years both funds cover.
DLS vs VYM Performance
WisdomTree International SmallCap Dividend Fund (DLS) is an ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DLS returned +18.90% while VYM returned +20.84%. Year to date, DLS is up 12.78% versus a gain of 14.82% for VYM.
Over three years, DLS compounded at +19.10% per year against +18.64% for VYM; over five years the annualized figures are +7.07% and +12.28% respectively. Across the full 20-year window we track, VYM has the edge at +7.00% annualized vs +3.38%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DLS has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 14.5% for VYM. 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 -66.0% for DLS and -58.8% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DLS charges 0.58% per year while VYM charges 0.04%. On a $10,000 position that is $58 vs $4 annually, a gap of $54 per year that compounds over a long holding period. On income, DLS currently yields 3.50% against 2.24% for VYM.
Holdings Overlap
0.2% of DLS's money is in holdings VYM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 1,005 positions we hold weights for in DLS and 602 in VYM, against full books of 1,014 and 613.
What only one of them owns
Our book lists 568 positions for VYM that do not appear in our book for DLS (97.2% of the fund), and 12 for DLS that do not appear in VYM (1.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DLS | Weight in VYM | Difference |
|---|---|---|---|
| IPARInter Parfums Inc | 0.19% | 0.01% | 0.18% |
You are not choosing between two funds in isolation.
Whichever of DLS and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DLS or VYM?
DLS has an expense ratio of 0.58% while VYM charges 0.04%. VYM is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, DLS or VYM?
Over the past year DLS returned +18.90% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), DLS annualized +3.38% vs +7.00% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DLS or VYM?
DLS has been the more volatile fund at 17.9% annualized versus 14.5% for VYM. Worst drawdown: DLS -66.0% vs VYM -58.8%.
Should I hold both DLS and VYM?
DLS and VYM have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DLS or VYM?
DLS yields 3.50% while VYM yields 2.24%, so DLS currently pays the higher dividend yield.
Is VYM better than DLS?
VYM has a lower expense ratio. DLS led over 3Y, VYM over 1Y, 5Y and the full window. DLS is less concentrated, with 5.6% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.