DNL vs CMBS

Comparison between WISDOMTREE GLOBAL EX-U.S. QUALITY DIVIDEND GROWTH FUND (DNL, ETF) and ISHARES CMBS ETF (CMBS, ETF).

5-Year PerformanceDNL has outperformed CMBS, delivering a return of +4.0% compared to +0.7%

DNL vs CMBS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DNL(ETF)	CMBS(ETF)
Net Assets	$484M	$482M
Expense Ratio	0.42%	0.25%
Max Drawdown	46.89%	20.92%
Sharpe Ratio	0.70	0.29
5Y Beta	0.87	-0.00
5Y Dividends CAGR	4.30%	3.22%

Net Assets

Winner

DNL

$484M

CMBS

$482M

Expense Ratio

DNL

0.42%

Winner

CMBS

0.25%

Max Drawdown

DNL

46.89%

Winner

CMBS

20.92%

Sharpe Ratio

Winner

DNL

0.70

CMBS

0.29

5Y Beta

DNL

0.87

Winner

CMBS

-0.00

5Y Dividends CAGR

Winner

DNL

4.30%

CMBS

3.22%

DNL vs CMBS - Historical Returns

Returns include dividend reinvestment.

Period	DNL	CMBS
1 month	+4.02%	+0.01%
3 months	+10.82%	-0.50%
6 months	+11.99%	+0.56%
1 year	+16.08%	+4.06%
5 years(CAGR)	+3.98%	+0.70%
10 years(CAGR)	+9.52%	+2.02%
Max(CAGR)	+5.53%	+2.38%

Winner

DNL

+4.02%

CMBS

+0.01%

Winner

DNL

+10.82%

CMBS

-0.50%

Winner

DNL

+11.99%

CMBS

+0.56%

Winner

DNL

+16.08%

CMBS

+4.06%

5Y(CAGR)

Winner

DNL

+3.98%

CMBS

+0.70%

10Y(CAGR)

Winner

DNL

+9.52%

CMBS

+2.02%

Max(CAGR)

Winner

DNL

+5.53%

CMBS

+2.38%

DNL vs CMBS - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	DNL	CMBS
2026	+9.16%	+0.11%
2025	+17.01%	+7.26%
2024	+0.89%	+4.46%
2023	+15.87%	+5.03%
2022	-22.43%	-10.84%
2021	+14.86%	-1.82%
2020	+17.43%	+7.84%
2019	+36.77%	+7.93%
2018	-14.91%	+1.05%
2017	+30.54%	+3.29%
2016	+7.70%	+3.06%
2015	-5.73%	+0.69%
2014	+1.81%	+2.56%
2013	-2.93%	+0.39%
2012	+14.82%	+4.54%
2011	-12.93%	N/A
2010	+11.36%	N/A
2009	+11.80%	N/A
2008	-12.77%	N/A
2007	-7.77%	N/A
2006	+16.08%	N/A

DNL vs CMBS Drawdown Comparison

The maximum drawdown for DNL was -44.52%, occurring on Mar 9, 2009. Recovery took 1013 trading sessions.

The maximum drawdown for CMBS was -15.87%, occurring on Nov 3, 2022. Recovery took 1014 trading sessions.

The current DNL drawdown is -0.37%. The current CMBS drawdown is -1.67%.

Rank	DNL	CMBS
#1	-44.52% Mar 23, 2007 - Mar 30, 2011	-15.87% Jul 20, 2021 - Aug 4, 2025
#2	-34.88% Jan 4, 2022 - Jul 10, 2024	-9.89% Mar 9, 2020 - Jul 30, 2020
#3	-32.18% Jan 17, 2020 - Aug 12, 2020	-4.94% Sep 7, 2016 - Sep 5, 2017
#4	-30.09% Apr 29, 2011 - Jul 3, 2014	-3.82% Sep 7, 2017 - Jan 3, 2019
#5	-25.01% May 15, 2015 - May 5, 2017	-3.33% May 21, 2013 - Apr 14, 2014
#6	-22.35% Jan 26, 2018 - Oct 28, 2019	-2.55% Jan 29, 2021 - Jul 20, 2021
#7	-20.15% Jul 12, 2024 - Jun 27, 2025	-2.44% Feb 27, 2026 - Mar 27, 2026
#8	-12.42% Feb 25, 2026 - Apr 17, 2026	-2.20% Feb 2, 2015 - Oct 14, 2015
#9	-11.75% Jul 7, 2014 - Apr 24, 2015	-2.05% Oct 14, 2015 - Jan 20, 2016
#10	-8.39% Sep 3, 2021 - Jan 4, 2022	-2.04% Sep 4, 2019 - Jan 27, 2020
#11	-7.04% Feb 16, 2021 - Apr 16, 2021	-1.84% Feb 11, 2016 - Apr 1, 2016
#12	-6.75% Oct 12, 2020 - Nov 5, 2020	-1.82% Jul 3, 2012 - Jul 25, 2012
#13	-6.53% Oct 27, 2025 - Jan 2, 2026	-1.60% Mar 7, 2012 - Jun 26, 2012
#14	-6.20% Jul 11, 2006 - Aug 10, 2006	-1.54% Oct 2, 2020 - Dec 11, 2020
#15	-6.19% Jul 23, 2025 - Sep 16, 2025	-1.38% Nov 28, 2014 - Jan 7, 2015

Correlation

Correlation between DNL and CMBS is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2006 - 2026)

DNL vs CMBS dividend yield comparison.

Year	DNL	CMBS
2026	0.04%	1.51%
2025	2.06%	3.45%
2024	2.30%	3.31%
2023	1.81%	2.97%
2022	4.82%	2.65%
2021	1.38%	2.46%
2020	1.76%	2.83%
2019	1.93%	2.74%
2018	2.55%	2.70%
2017	1.86%	2.50%
2016	2.51%	2.29%
2015	1.98%	2.31%
2014	2.37%	2.15%
2013	2.30%	2.00%
2012	2.71%	2.22%
2011	3.19%	0.00%
2010	2.59%	0.00%
2009	2.81%	0.00%
2008	2.34%	0.00%
2007	1.88%	0.00%
2006	0.59%	0.00%