■ ETF · August 28, 2026
WisdomTree U.S. LargeCap Dividend ETF (DLN) Profile and Performance
DLN is a large-cap value ETF with $6.35B in assets, 0.28% expense ratio, and 15.55% YTD return as of Aug 28, 2026.
Overview and Strategy
WisdomTree U.S. LargeCap Dividend ETF (DLN) debuted on June 16, 2006, and provides exposure to the large-cap value segment of the U.S. equity market. Unlike traditional market-cap-weighted funds, DLN employs a smart beta approach, tracking the WisdomTree U.S. LargeCap Dividend Index. This index is fundamentally weighted, selecting stocks based on dividend payments rather than market capitalization.
The fund is managed by WisdomTree and has accumulated over $6.35 billion in assets, making it one of the larger ETFs in its category. DLN aims to match the performance of its underlying index before fees and expenses.
Cost and Holdings
For ETF investors, expense ratios are a critical factor in long-term returns. DLN's annual operating expenses are 0.28%, which is on par with many peers. The fund holds approximately 310 stocks, providing diversification that mitigates company-specific risk.
Sector allocation is led by Information Technology at 20.6% of the portfolio, followed by Financials and Healthcare. Top individual holdings include Microsoft Corp (MSFT) at 4.53% of assets, Nvidia Corp (NVDA), and JPMorgan Chase & Co (JPM). The top 10 holdings account for roughly 24.95% of total assets.
Performance and Risk
As of August 28, 2026, DLN has returned approximately 15.55% year-to-date and 19.89% over the past year. Over the trailing three-year period, the fund has exhibited a beta of 0.75 and a standard deviation of 11.28%, indicating a medium risk profile relative to the broader market.
During the past 52 weeks, DLN's trading range has been between $84.89 and $101.59.
Comparison with Peers
Other ETFs in the large-cap value space include Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Morningstar Value ETF (VTV). SCHD tracks the Dow Jones U.S. Dividend 100 Index and has $111.5 billion in assets, while VTV tracks the CRSP U.S. Large Cap Value Index and has $192.49 billion. Both have lower expense ratios: SCHD at 0.06% and VTV at 0.03%.
For investors seeking lower costs and potentially lower risk, traditional market-cap-weighted ETFs may be considered.
What it means for income investors
DLN offers a diversified approach to dividend investing with a focus on large-cap companies. Its fundamental weighting and sector allocation may appeal to those seeking income with moderate risk. However, its expense ratio is higher than some alternatives, which could impact net returns over time.
Reporting based on: Yahoo Finance. Figures verified against market data where available.