SPE vs DFE

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

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

SPE vs DFE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPE(ETF)	DFE(ETF)
Net Assets	$169M	$171M
Expense Ratio	N/A	0.58%
Max Drawdown	58.53%	74.35%
Sharpe Ratio	-0.10	0.69
5Y Beta	0.56	0.67
5Y Dividends CAGR	13.47%	19.93%

Net Assets

SPE

$169M

Winner

DFE

$171M

Expense Ratio

SPE

N/A

DFE

0.58%

Max Drawdown

Winner

SPE

58.53%

DFE

74.35%

Sharpe Ratio

SPE

-0.10

Winner

DFE

0.69

5Y Beta

Winner

SPE

0.56

DFE

0.67

5Y Dividends CAGR

SPE

13.47%

Winner

DFE

19.93%

SPE vs DFE - Historical Returns

Returns include dividend reinvestment.

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

SPE

-4.24%

Winner

DFE

+0.40%

SPE

-0.90%

Winner

DFE

+5.49%

SPE

-2.50%

Winner

DFE

+10.03%

SPE

+2.03%

Winner

DFE

+12.87%

5Y(CAGR)

Winner

SPE

+8.62%

DFE

+4.49%

10Y(CAGR)

Winner

SPE

+11.34%

DFE

+7.51%

Max(CAGR)

Winner

SPE

+8.91%

DFE

+6.44%

SPE vs DFE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

SPE vs DFE Drawdown Comparison

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

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

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

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

Correlation

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

0.93

-101

Dividend Comparison (1999 - 2026)

SPE vs DFE dividend yield comparison.

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