DWM vs HEGD

Comparison between WISDOMTREE INTERNATIONAL EQUITY FUND (DWM, ETF) and SWAN HEDGED EQUITY US LARGE CAP ETF (HEGD, ETF).

5-Year PerformanceDWM has outperformed HEGD, delivering a return of +9.3% compared to +8.7%

DWM vs HEGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DWM(ETF)	HEGD(ETF)
Net Assets	$663M	$663M
Expense Ratio	0.48%	0.87%
Max Drawdown	64.27%	14.56%
Sharpe Ratio	1.02	1.62
5Y Beta	0.64	0.44
5Y Dividends CAGR	8.84%	N/A

Net Assets

DWM

$663M

Winner

HEGD

$663M

Expense Ratio

Winner

DWM

0.48%

HEGD

0.87%

Max Drawdown

DWM

64.27%

Winner

HEGD

14.56%

Sharpe Ratio

DWM

1.02

Winner

HEGD

1.62

5Y Beta

DWM

0.64

Winner

HEGD

0.44

5Y Dividends CAGR

DWM

8.84%

HEGD

N/A

DWM vs HEGD - Holdings Comparison

DWM and HEGD have 1 common holdings. Overlap is 0.00%

DWM's top 25 holdings weight is 21.92%. HEGD's top 25 holdings weight is 114.83%.

Rank	DWM	HEGD
#1	HSBC HOLDINGS PLC (n/a) - 1.65%	SPDR® S&P 500® ETF (SPY) - 91.90%
#2	NOVARTIS AG REGISTERED SHARES (n/a) - 1.17%	OPTION ON S&P 500 PR (n/a) - 18.75%
#3	NESTLE SA (n/a) - 1.14%	PUT ON S&P 500 DEC25 (n/a) - 3.54%
#4	TOYOTA MOTOR CORP (n/a) - 1.12%	OTHER ASSETS AND LIABILITIES (n/a) - 0.38%
#5	INTESA SANPAOLO (n/a) - 1.09%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.26%
#6	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.07%	US DOLLARS (n/a) - 0.00%
#7	SHELL PLC (n/a) - 1.05%	N/A
#8	BRITISH AMERICAN TOBACCO PLC (n/a) - 0.97%	N/A
#9	ASML HOLDING NV (n/a) - 0.93%	N/A
#10	BHP GROUP LTD (n/a) - 0.90%	N/A
#11	BANCO BILBAO VIZCAYA ARGENTARIA SA (n/a) - 0.86%	N/A
#12	EQUINOR ASA (n/a) - 0.79%	N/A
#13	AXA SA (n/a) - 0.78%	N/A
#14	BNP PARIBAS ACT. CAT.A (n/a) - 0.76%	N/A
#15	n/a (n/a) - 0.76%	N/A
#16	LVMH MOET HENNESSY LOUIS VUITTON SE (n/a) - 0.76%	N/A
#17	ALLIANZ SE (n/a) - 0.72%	N/A
#18	MITSUBISHI UFJ FINANCIAL GROUP INC (n/a) - 0.71%	N/A
#19	UNICREDIT SPA (n/a) - 0.71%	N/A
#20	ENEL SPA (n/a) - 0.69%	N/A
#21	BP PLC (n/a) - 0.67%	N/A
#22	IBERDROLA SA (n/a) - 0.67%	N/A
#23	RIO TINTO PLC ORDINARY SHARES (n/a) - 0.67%	N/A
#24	CAIXABANK SA (n/a) - 0.64%	N/A
#25	ASTRAZENECA PLC (AZN) - 0.64%	N/A
Total Holdings	1290	6

DWM vs HEGD - Historical Returns

Returns include dividend reinvestment.

Period	DWM	HEGD
1 month	-0.40%	+1.22%
3 months	+2.05%	+4.87%
6 months	+8.39%	+4.43%
1 year	+18.77%	+16.69%
5 years(CAGR)	+9.28%	+8.68%
10 years(CAGR)	+8.26%	N/A
Max(CAGR)	+5.56%	+9.54%

DWM

-0.40%

Winner

HEGD

+1.22%

DWM

+2.05%

Winner

HEGD

+4.87%

Winner

DWM

+8.39%

HEGD

+4.43%

Winner

DWM

+18.77%

HEGD

+16.69%

5Y(CAGR)

Winner

DWM

+9.28%

HEGD

+8.68%

10Y(CAGR)

DWM

+8.26%

HEGD

N/A

Max(CAGR)

DWM

+5.56%

Winner

HEGD

+9.54%

DWM vs HEGD - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	DWM	HEGD
2026	+4.97%	+4.66%
2025	+35.07%	+12.82%
2024	+5.13%	+15.60%
2023	+15.88%	+14.46%
2022	-9.48%	-11.12%
2021	+10.16%	+18.11%
2020	-3.06%	+0.99%
2019	+18.95%	N/A
2018	-14.21%	N/A
2017	+23.46%	N/A
2016	+4.57%	N/A
2015	-2.76%	N/A
2014	-2.92%	N/A
2013	+19.68%	N/A
2012	+14.58%	N/A
2011	-10.59%	N/A
2010	+2.37%	N/A
2009	+24.72%	N/A
2008	-41.62%	N/A
2007	+13.30%	N/A
2006	+23.89%	N/A

DWM vs HEGD Drawdown Comparison

The maximum drawdown for DWM was -62.06%, occurring on Mar 9, 2009. Recovery took 1659 trading sessions.

The maximum drawdown for HEGD was -14.56%, occurring on Oct 12, 2022. Recovery took 495 trading sessions.

The current DWM drawdown is -4.18%. The current HEGD drawdown is -2.20%.

Rank	DWM	HEGD
#1	-62.06% Oct 31, 2007 - Jun 6, 2014	-14.56% Dec 29, 2021 - Dec 18, 2023
#2	-37.81% Jan 26, 2018 - Apr 5, 2021	-8.14% Feb 19, 2025 - Jun 24, 2025
#3	-25.67% Jan 12, 2022 - Jul 31, 2023	-4.58% Jul 10, 2024 - Aug 21, 2024
#4	-23.37% Jul 3, 2014 - May 5, 2017	-4.39% Jan 27, 2026 - Apr 15, 2026
#5	-13.52% Jul 12, 2007 - Oct 1, 2007	-3.57% Mar 28, 2024 - May 15, 2024
#6	-12.69% Mar 19, 2025 - Apr 24, 2025	-3.54% Sep 2, 2021 - Oct 26, 2021
#7	-10.93% Feb 25, 2026 - Mar 20, 2026	-3.28% Feb 17, 2021 - Apr 5, 2021
#8	-9.61% Jul 31, 2023 - Dec 13, 2023	-2.84% Dec 6, 2024 - Jan 23, 2025
#9	-9.57% Sep 26, 2024 - Mar 5, 2025	-2.80% Nov 24, 2021 - Dec 23, 2021
#10	-7.80% Feb 26, 2007 - Apr 3, 2007	-2.79% Aug 30, 2024 - Sep 12, 2024
#11	-7.58% Sep 3, 2021 - Jan 12, 2022	-2.62% Oct 29, 2025 - Dec 11, 2025
#12	-6.63% Jul 12, 2024 - Aug 19, 2024	-2.50% May 7, 2021 - Jun 24, 2021
#13	-6.37% Jul 3, 2006 - Jul 28, 2006	-2.34% Oct 14, 2024 - Nov 6, 2024
#14	-4.76% Nov 12, 2025 - Dec 10, 2025	-2.20% Jun 2, 2026 - Jun 5, 2026
#15	-4.47% Mar 27, 2024 - May 7, 2024	-2.05% Dec 11, 2025 - Jan 9, 2026

Correlation

Correlation between DWM and HEGD is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2006 - 2026)

DWM vs HEGD dividend yield comparison.

Year	DWM	HEGD
2026	0.23%	0.00%
2025	3.06%	0.36%
2024	3.86%	0.43%
2023	4.15%	0.39%
2022	4.36%	0.87%
2021	3.64%	0.31%
2020	2.74%	0.00%
2019	3.46%	0.00%
2018	3.86%	0.00%
2017	2.99%	0.00%
2016	3.43%	0.00%
2015	3.55%	0.00%
2014	4.71%	0.00%
2013	3.29%	0.00%
2012	3.52%	0.00%
2011	4.58%	0.00%
2010	3.23%	0.00%
2009	4.48%	0.00%
2008	4.56%	0.00%
2007	1.32%	0.00%
2006	0.38%	0.00%