ETF Evaluator:
WisdomTree Global ex-U.S. Quality Gr ETF (DNL)
Follow This ETF
(as of Jul 31)
Best Performing in Foreign Large Growth Over the Last Year
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ETF Details
WisdomTree Global ex-U.S. Quality Gr ETF Overview
WisdomTree Global ex-U.S. Quality Gr ETF (DNL) is a passively managed International Equity Foreign Large Growth exchange-traded fund (ETF). WisdomTree launched the ETF in 2006.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Quality Growth Index (the “Index”).
The index is a modified market-capitalization weighted index that is composed of 200 global ex-U.S. large-capitalization and mid-capitalization companies with the highest composite scores based on two fundamental factors, growth and quality, which are equally weighted. The index is based on a rules-based methodology overseen and implemented by the WisdomTree Quality Growth Index Committee. The fund is non-diversified.
About WisdomTree Global ex-U.S. Quality Gr ETF (DNL)
There are 5 members of the management team with an average tenure of 5.14 years: Marlene Walker-Smith (2020), David France (2021), Todd Frysinger (2021), Vlasta Sheremeta (2021) and Michael Stoll (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI Ex USA NR USD index with a weighting of 100% and WisdomTree Gbl ex-US Qual Div Grw TR USD index with a weighting of 100%. WisdomTree Global ex-U.S. Quality Gr ETF has 212 securities in its portfolio. The top 10 holdings constitute 39.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
WisdomTree Global ex-U.S. Quality Gr ETF is part of the Equity global asset class and is within the International Equity ETF group. WisdomTree Global ex-U.S. Quality Gr ETF has 98.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.7% There is 98.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). WisdomTree Global ex-U.S. Quality Gr ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $486 million in total assets, which is below the $1 billion average for the Foreign Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DNL Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WisdomTree Global ex-U.S. Quality Gr ETF expense ratio is average compared to funds in the Foreign Large Growth category. WisdomTree Global ex-U.S. Quality Gr ETF has an expense ratio of 0.42%, which is 28% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WisdomTree Global ex-U.S. Quality Gr ETF has a portfolio turnover rate of 76%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 57% for the Foreign Large Growth category.
Recently, in the month of June 2026, WisdomTree Global ex-U.S. Quality Gr ETF returned 1.8%, which earned it a grade of C, as the Foreign Large Growth category had an average return of 1.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
WisdomTree Global ex-U.S. Quality Gr ETF has a trailing yield of 1.29%, which is above the 1.28% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
WisdomTree Global ex-U.S. Quality Gr ETF Grades
Year to date, the ETF has returned 11.3%, 0.6 percentage points worse than the category, which translates into a grade of C. The fund has returned 15.9% over the past year (grade of C), 10.8% over the past three years (grade of D) and 4.5% per year over the past five years (grade of D) and 9.3% per year over the past 10 years (grade of C).
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DNL Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DNL Return (NAV) | 1.8% | 16.8% | 15.9% | 10.8% | 4.5% | 9.3% |
| DNL Return (Price) | 2.9% | 14.8% | 16.3% | 10.8% | 4.5% | 9.4% |
| NAV +/- Price Return | -1.103% | 1.957% | -0.360% | 0.001% | -0.056% | -0.059% |
| Foreign Large Growth Avg | 1.8% | 16.0% | 17.8% | 14.8% | 4.7% | 9.4% |
| DNL Grade (NAV) | C | B | C | D | D | C |
| +/- Category (NAV) | 0.0% | 0.8% | -1.9% | -4.0% | -0.2% | -0.1% |
| DNL Tax-Cost Ratio | na | na | 0.5% | 0.5% | 0.7% | 0.7% |
DNL Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DNL Return (NAV) | 11.3% | 16.7% | -0.2% | 17.3% | -22.3% | 15.7% | 18.8% | 35.4% | -14.3% | 29.5% | 5.1% |
| DNL Return (Price) | 12.5% | 17.0% | -0.6% | 17.0% | -22.4% | 16.1% | 18.2% | 36.2% | -14.7% | 31.1% | 4.3% |
| NAV +/- Price Ret | 0.106% | 0.018% | 2.234% | -0.018% | 0.007% | 0.025% | -0.032% | 2.2% | 3.4% | 5.3% | -16.9% |
| Foreign Large Growth Avg | 11.9% | 21.7% | 5.0% | 15.2% | -23.7% | 7.9% | 22.1% | 31.3% | -15.6% | 31.7% | -1.2% |
| DNL Grade (NAV) | C | D | F | C | C | B | B | A | C | C | A |
| +/- Category | -0.6% | -4.9% | -5.2% | 2.1% | 1.4% | 7.8% | -3.3% | 4.1% | 1.3% | -2.1% | 6.4% |
| Risk Measures | |
| Beta: | 0.99 |
| R-Squared: | 88% |
| Standard Deviation: | 14.7% |
| Category Risk Index: | 0.94 |
| Category Risk Rating: | Average |
| Total Risk Index: | 1.20 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 1.3% |
| Total Assets: | $ 487 Mil |
| Share Class Assets: | $ 487 Mil |
| Turnover: | 76.0% |
| Expense Ratio: | 0.42% |
| Index Fund: | Yes |
| Index Tracked: | MSCI ACWI Ex USA NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 5.7 years | |||
| Average Tenure: 5.1 years | |||
| Managers (Year): Walker-Smith Marlene (2020), France David (2021), Frysinger Todd (2021), Sheremeta Vlasta (2021), Stoll Michael (2021) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 212 |
| % in Top 10 Holdings: | 39.8% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 98.3% |
Portfolio Allocation |
|
| Domestic Stock: | 1.7% |
| Foreign Stock: | 98.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | June 16, 2006 |
Expenses and Fees
| Expense Ratio (%): | 0.42% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.59% |
