WisdomTree Dynamic International SmallCap Equity ETF (DDLS)
WisdomTree Dynamic International SmallCap Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $45.91, up 0.36% on the session, giving a market capitalisation of $434.4M. Its beta of 0.77 implies it has historically moved less than the broad market.
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.
WisdomTree Dynamic International SmallCap Equity ETF is most often compared with the following Financial Services names: