(DLS) WisdomTree International - Ratings and Ratios

The WisdomTree International SmallCap Dividend Fund (DLS) is an ETF categorized under Foreign Small/Mid Value, providing investors with exposure to international small-cap stocks that have a history of paying consistent dividends. This fund is designed to track the performance of the WisdomTree International SmallCap Dividend Index.

To evaluate the performance of DLS, key performance indicators (KPIs) such as dividend yield, tracking error, and expense ratio should be considered. The dividend yield is particularly relevant as it directly relates to the funds investment strategy of focusing on dividend-paying stocks. A higher dividend yield could indicate a more attractive income stream for investors.

The performance of DLS is closely tied to the overall economic conditions in the international markets it invests in, particularly in developed economies outside the United States. Key economic drivers include GDP growth rates, interest rates, and currency fluctuations in these regions. For instance, a strengthening of foreign currencies against the USD can positively impact the funds performance, as the value of the dividends and the underlying stocks increases when converted back to USD.

Investors should also consider the funds AUM of $1.019 billion, which suggests a reasonable level of liquidity and scale. The trading volume and liquidity of DLS, with an average volume of 23,100 shares, indicate that it is possible to enter and exit positions without significantly impacting the market price, although it may not be as liquid as larger, more popular ETFs.

From a technical analysis perspective, the recent price action of DLS, with its last price at $79.97 and a 20-day SMA of $77.44, indicates a positive short-term trend. The funds beta of 0.980 suggests that it closely tracks the overall market, implying that it may not offer significant diversification benefits in terms of volatility reduction. However, its exposure to international small-cap dividend-paying stocks can still provide a unique return profile compared to broader US market indices.