Small-Cap Dominance with International Dividends

Doug Fabian

Doug Fabian is known for his expert knowledge of ETFs, bear funds and enhanced index funds to profit in any market climate.
[viet globe statue]

The WisdomTree International SmallCap Dividend Fund (DLS) is an exchange-traded fund (ETF) that invests in non-U.S. dividend-paying securities. The fund was the second-strongest performer in the International Dividend category for the first half of this year.

In the case of DLS, “international” means that only companies based outside of the United States and Canada are considered for inclusion in the fund’s underlying index.

And, nearly 78% of this fund’s positions are in small-cap stocks. In general, small-cap stocks seem to have been the best performers in the international dividend category for this time period. The fund’s country distribution emphasizes Japan, Australia, the United Kingdom and Scandinavia. View the current price, volume, performance and top 10 holdings of DLS at

For the first half of the year, DLS rose 8.68%, with most of the increase in its share price occurring during the first quarter. Its 5.43% yield is quite attractive for an ETF. Assets managed here are just under $1.1 billion. The chart below shows the most recent 12 months’ worth of performance.


The top 10 largest holdings in this fund total just 1.77% of its assets. These top 10 holdings include Kaken Pharmaceutical Co. Ltd., 0.2%; Sanrio Co. Ltd., 0.2%; Teijin Ltd., 0.19%; Nishi-Nippon City Bank Ltd., 0.19%; and Pigeon Corp., 0.17%.

WisdomTree International SmallCap Dividend Fund (DLS) is a solid way to invest in a broad swath of global dividend-paying small-cap stocks. If you are an income seeker who wants international exposure in your holdings, you may wish to consider adding DLS to your holdings if that niche is unfilled. Remember to look for the current price, volume, performance and top 10 holdings of DLS on

Look out next week as we round out the category for top-performing international dividend-based funds for the first half.

Exclusive  Reviewing a ‘Boring’ ETF

If you want my advice about buying and selling specific ETFs, including appropriate stop losses, please consider subscribing to my Successful ETF Investing newsletter. As always, I am happy to answer any of your questions about ETFs, so do not hesitate to send me an e-mail. You just may see your question answered in a future ETF Talk.

In case you missed it, I encourage you to read my e-letter column from last week about the top international dividend ETF of 2015’s first half. I also invite you to comment in the space provided below.

share on:
previous article

The high temperatures surrounding me lately reminded me of the heat in the markets this time of year, which is something I call the “hot zone.”

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Profits Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Technical Traders Alert
  • Success Trading Group

Used by financial advisors and individual investors all over the world, is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor