DFE vs SPE

Comparison between WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND (DFE, ETF) and Special Opportunities Fund Inc (SPE, ETF).

5-Year PerformanceSPE has outperformed DFE, delivering a return of +8.6% compared to +4.5%

DFE vs SPE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DFE(ETF)	SPE(ETF)
Net Assets	$171M	$169M
Expense Ratio	0.58%	N/A
Max Drawdown	74.35%	58.53%
Sharpe Ratio	0.71	-0.11
5Y Beta	0.67	0.56
5Y Dividends CAGR	19.93%	13.47%

Net Assets

Winner

DFE

$171M

SPE

$169M

Expense Ratio

DFE

0.58%

SPE

N/A

Max Drawdown

DFE

74.35%

Winner

SPE

58.53%

Sharpe Ratio

Winner

DFE

0.71

SPE

-0.11

5Y Beta

DFE

0.67

Winner

SPE

0.56

5Y Dividends CAGR

Winner

DFE

19.93%

SPE

13.47%

DFE vs SPE - Historical Returns

Returns include dividend reinvestment.

Period	DFE	SPE
1 month	+0.40%	-4.24%
3 months	+5.49%	-0.90%
6 months	+10.03%	-2.50%
1 year	+12.87%	+2.03%
5 years(CAGR)	+4.49%	+8.62%
10 years(CAGR)	+7.51%	+11.34%
Max(CAGR)	+6.44%	+8.91%

Winner

DFE

+0.40%

SPE

-4.24%

Winner

DFE

+5.49%

SPE

-0.90%

Winner

DFE

+10.03%

SPE

-2.50%

Winner

DFE

+12.87%

SPE

+2.03%

5Y(CAGR)

DFE

+4.49%

Winner

SPE

+8.62%

10Y(CAGR)

DFE

+7.51%

Winner

SPE

+11.34%

Max(CAGR)

DFE

+6.44%

Winner

SPE

+8.91%

DFE vs SPE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DFE	SPE
2026	+6.49%	-4.21%
2025	+33.60%	+14.15%
2024	+1.44%	+34.11%
2023	+13.75%	+14.54%
2022	-22.76%	-18.85%
2021	+17.60%	+25.58%
2020	+1.18%	+4.29%
2019	+27.70%	+30.90%
2018	-22.04%	-9.91%
2017	+32.16%	+25.21%
2016	+1.93%	+10.69%
2015	+11.25%	-7.46%
2014	-7.15%	-1.88%
2013	+44.88%	+29.76%
2012	+27.06%	+11.73%
2011	-19.47%	+1.00%
2010	+17.02%	+5.05%
2009	+48.00%	+45.90%
2008	-53.33%	-15.82%
2007	-3.41%	+0.88%
2006	+29.20%	+9.61%
2005	N/A	+2.39%
2004	N/A	+1.11%
2003	N/A	+11.38%
2002	N/A	+11.83%
2001	N/A	+8.81%
2000	N/A	+18.23%
1999	N/A	-4.22%

DFE vs SPE Drawdown Comparison

The maximum drawdown for DFE was -69.55%, occurring on Mar 9, 2009. Recovery took 1607 trading sessions.

The maximum drawdown for SPE was -46.84%, occurring on Mar 23, 2020. Recovery took 207 trading sessions.

The current DFE drawdown is -1.64%. The current SPE drawdown is -7.05%.

Rank	DFE	SPE
#1	-69.55% Jun 4, 2007 - Oct 18, 2013	-46.84% Feb 19, 2020 - Dec 11, 2020
#2	-49.65% Jan 26, 2018 - Feb 9, 2021	-32.95% Jun 5, 2008 - Apr 27, 2009
#3	-40.36% Sep 2, 2021 - May 13, 2025	-24.14% Jan 7, 2022 - Mar 26, 2024
#4	-22.93% Jun 6, 2014 - Mar 16, 2017	-18.46% Dec 31, 2013 - Aug 23, 2016
#5	-11.41% Feb 26, 2026 - Mar 27, 2026	-17.47% Jan 26, 2018 - Jun 14, 2019
#6	-10.06% Feb 26, 2007 - Mar 21, 2007	-13.69% Feb 20, 2025 - May 20, 2025
#7	-7.73% Aug 22, 2025 - Dec 22, 2025	-13.13% Mar 15, 2004 - Aug 31, 2005
#8	-6.32% Jun 7, 2021 - Aug 3, 2021	-12.14% Jul 22, 2011 - Jan 25, 2012
#9	-5.92% Jan 23, 2014 - Feb 13, 2014	-12.05% Oct 6, 2009 - Oct 18, 2010
#10	-5.47% Apr 1, 2014 - Jun 6, 2014	-9.71% Jun 17, 2003 - Jan 20, 2004
#11	-4.91% Oct 13, 2017 - Dec 27, 2017	-9.32% Jan 15, 2026 - Mar 30, 2026
#12	-4.10% Jul 3, 2006 - Jul 31, 2006	-9.21% May 16, 2007 - Jan 25, 2008
#13	-3.83% Jul 23, 2025 - Aug 22, 2025	-8.92% Nov 19, 1999 - Jun 2, 2000
#14	-3.82% Mar 6, 2014 - Apr 1, 2014	-8.82% Sep 1, 2016 - Jan 18, 2017
#15	-3.42% May 7, 2021 - May 21, 2021	-8.09% Mar 26, 2012 - Sep 28, 2012

Correlation

Correlation between DFE and SPE is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (1999 - 2026)

DFE vs SPE dividend yield comparison.

Year	DFE	SPE
2026	0.04%	3.99%
2025	4.38%	13.73%
2024	4.93%	7.83%
2023	4.97%	8.77%
2022	5.84%	11.58%
2021	2.56%	11.64%
2020	2.43%	8.01%
2019	3.39%	6.35%
2018	4.97%	14.10%
2017	2.53%	16.53%
2016	4.05%	5.93%
2015	2.78%	9.02%
2014	2.98%	9.63%
2013	2.38%	12.66%
2012	3.58%	10.08%
2011	6.32%	3.69%
2010	2.26%	0.20%
2009	3.56%	6.59%
2008	11.06%	8.05%
2007	7.13%	5.22%
2006	0.72%	5.55%
2005	0.00%	7.30%
2004	0.00%	6.49%
2003	0.00%	7.64%
2002	0.00%	6.36%
2001	0.00%	5.35%
2000	0.00%	5.62%
1999	0.00%	1.04%