Overview
US large caps weighted by the dollars of dividends they pay — not yield, not market cap — WisdomTree's founding idea running since 2006.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| MSFT | Microsoft Corp. | 4.6% |
| AAPL | Apple Inc. | 4.2% |
| NVDA | NVIDIA Corp. | 3.9% |
| XOM | Exxon Mobil | 3.4% |
| JPM | JPMorgan Chase | 3.1% |
| JNJ | Johnson & Johnson | 2.6% |
| PG | Procter & Gamble | 2.4% |
| AVGO | Broadcom Inc. | 2.3% |
| HD | Home Depot | 2.2% |
| CVX | Chevron Corp. | 2.0% |
Fund Details
Investment Thesis
Dividend-stream weighting is the elegant middle path: weighting by dollars paid rather than yield percentage keeps DLN anchored in the market's biggest, healthiest payers — including dividend-initiating tech — instead of chasing distressed yields. Two decades of smoother-than-market returns and a +17% year that kept pace with cap-weighting make the quiet case.
Who It's For
Core-equity income investors who want dividend discipline without a yield trap, paid monthly. The broad-and-balanced counterpoint to concentrated screens like SCHD.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $63.77 | -- |
| 2017 | $74.61 | +17.0% |
| 2018 | $69.38 | -7.0% |
| 2019 | $87.43 | +26.0% |
| 2020 | $90.05 | +3.0% |
| 2021 | $111.66 | +24.0% |
| 2022 | $104.96 | -6.0% |
| 2023 | $115.46 | +10.0% |
| 2024 | $133.93 | +16.0% |
| 2025 | $150.00 | +12.0% |
| Year | Yield |
|---|---|
| 2016 | 2.60% |
| 2017 | 2.40% |
| 2018 | 2.80% |
| 2019 | 2.50% |
| 2020 | 2.60% |
| 2021 | 2.10% |
| 2022 | 2.40% |
| 2023 | 2.30% |
| 2024 | 1.90% |
| 2025 | 1.80% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $1.8B | -- |
| 2017 | $2B | +11.1% |
| 2018 | $2.2B | +10.0% |
| 2019 | $2.6B | +18.2% |
| 2020 | $2.5B | -3.8% |
| 2021 | $3B | +20.0% |
| 2022 | $3.5B | +16.7% |
| 2023 | $3.8B | +8.6% |
| 2024 | $4.5B | +18.4% |
| 2025 | $5.5B | +22.2% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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