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DWMFvsREFAETF Comparison

ETF 1

DWMF

WisdomTree International Multifactor Fund ETF

This fund is part of

DM Large & Mid Cap

+0.48%

Full DWMF fund page

VS

ETF 2

REFA

Columbia Research Enhanced International Equity ETF

This fund is part of

DM Large & Mid Cap

+0.48%

Full REFA fund page

WisdomTree International Multifactor Fund ETF (DWMF) and Columbia Research Enhanced International Equity ETF (REFA) belong to the same industry segment: DM Large & Mid Cap. DWMF's top 3 sector exposures are Finance, Industrials and Non-Energy Materials. In contrast, REFA's top sector exposures are Finance, Industrials and Technology. DWMF is more expensive with a Total Expense Ratio (TER) of 0.38%, versus 0.32% for REFA. DWMF is up 6.47% year-to-date (YTD) with -$4M in YTD flows. REFA performs better with 13.95% YTD performance, and +$3K in YTD flows. Run a side-by-side ETF comparison of DWMF and REFA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DWMF vs REFA performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 09/11/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	DWMF REFA	-0.86%-1.59%	+3.80%+7.04%	+6.47%+13.95%	+9.17%n/a	+50.71%n/a	+50.64%n/a
Flows	DWMF REFA	-$21K-	-$10M-	-$4M+$3K	-$10M-	-$18M-	-$13M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	DWMF REFA	+12.86%+12.03%	+10.21%n/a	+10.13%n/a	+9.98%n/a
Max drawdown	DWMF REFA	-3.70%-2.81%	-9.10%n/a	-9.10%n/a	-16.72%n/a
Max drawdown duration	DWMF REFA	55d16d	194dn/a	194dn/a	575dn/a

Trading data

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	DWMF	REFA
Last sale 9/11/2026 at 1:30 PM	$34.00
Previous close 09/10/2026	$33.73
Consolidated volume 09/10/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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DWMF

is actively managed and doesn’t replicate an index

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	DWMF	REFA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/11/2026 at 1:30 PM

Live

Closed

	DWMF	REFA
Last price	$34.00	–
1D performance	+0.80%	–
AuM	$34.26 M	$5.84 M
E/R	0.38%	0.32%

Characteristics

	DWMF	REFA
Management strategy	Active	Passive
Provider	WisdomTree	Columbia Threadneedle Investments
Benchmark	-	Beta Advantage Research Enhanced International Equity Index
N° of holdings	200	211
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	August 10, 2018	December 11, 2025
ESG	No	No

More DWMF data on Trackinsight

More REFA data on Trackinsight

Exposure

Countries

DWMF

Japan

25.86%

United Kingdom

13.45%

France

9.63%

Other

51.07%

REFA

Japan

26.38%

United Kingdom

14.95%

France

8.52%

Germany

7.39%

Switzerland

7.32%

Australia

7.28%

Other

28.16%

Sectors

DWMF

Finance

34.1%

Industrials

18.68%

Non-Energy Materi.

11.49%

Technology

9.72%

Other

26.01%

REFA

Finance

25.23%

Industrials

16.36%

Technology

13.6%

Healthcare

12.56%

Non-Energy Materi.

7.71%

Other

24.54%

Diversification

DWMF

Total weight of top 15 holdings out of 15

17.38%

REFA

Total weight of top 15 holdings out of 15

33.66%

Top 15 holdings

Data as of July 31, 2026

DWMF

ASML Holding NV

2.16%

Avolta AG

1.57%

InterContinental Hotels Group Plc

1.55%

Novartis AG

1.50%

HSBC Holdings Plc

1.42%

Banco Santander SA

1.04%

WH Group Ltd. (HK)

0.99%

BHP Group Ltd.

0.96%

Allianz SE

0.96%

Mitsubishi UFJ Financial Group, Inc.

0.89%

GSK Plc

0.89%

Banco Bilbao Vizcaya Argentaria SA

0.89%

Advantest Corp.

0.88%

TotalEnergies SE

0.85%

UniCredit SpA

0.83%

REFA

ASML Holding NV

3.69%

Roche Holding AG

3.28%

BHP Group Ltd.

3.17%

Novartis AG

2.87%

Hitachi Ltd.

2.47%

HSBC Holdings Plc

2.31%

Recruit Holdings Co., Ltd.

2.24%

Advantest Corp.

1.88%

Safran SA

1.86%

Siemens Energy AG

1.78%

Tokyo Electron Ltd.

1.73%

Shell Plc

1.73%

BNP Paribas SA

1.64%

Fast Retailing Co., Ltd.

1.63%

Deutsche Telekom AG

1.38%

Frequently asked questions about DWMF and REFA

How have the DWMF and REFA ETFs performed in 2026?

As of September 11, 2026, DWMF is up 6.47% year-to-date (YTD), while REFA has returned 13.95%. That puts REFA better performer ahead so far this year.

Which ETF is attracting more investor money: DWMF or REFA?

Year-to-date, the DWMF ETF saw -$4M in flows, compared to +$3K for REFA.

Which ETF is bigger: DWMF or REFA?

As of September 11, 2026, DWMF holds $34.26 M in assets under management (AUM), while REFA manages $5.84 M.

What sectors do the DWMF and REFA ETFs invest in?

DWMF leans toward sectors like Finance, Industrials and Non-Energy Materials. Meanwhile, REFA focuses on Finance, Industrials and Technology.

What are the top holdings of the DWMF ETF and REFA ETF?

DWMF top holdings include ASML Holding NV, Avolta AG and InterContinental Hotels Group Plc. REFA holds in its top three: ASML Holding NV, Roche Holding AG and BHP Group Ltd..

DWMFvsREFAETF Comparison

WisdomTree International Multifactor Fund ETF

Columbia Research Enhanced International Equity ETF

DWMF vs REFA performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the DWMF and REFA ETFs performed in 2026?

As of September 11, 2026, DWMF is up 6.47% year-to-date (YTD), while REFA has returned 13.95%. That puts REFA better performer ahead so far this year.

Which ETF is attracting more investor money: DWMF or REFA?

Year-to-date, the DWMF ETF saw -$4M in flows, compared to +$3K for REFA.

Which ETF is bigger: DWMF or REFA?

As of September 11, 2026, DWMF holds $34.26 M in assets under management (AUM), while REFA manages $5.84 M.

What sectors do the DWMF and REFA ETFs invest in?

DWMF leans toward sectors like Finance, Industrials and Non-Energy Materials. Meanwhile, REFA focuses on Finance, Industrials and Technology.

What are the top holdings of the DWMF ETF and REFA ETF?

DWMF top holdings include ASML Holding NV, Avolta AG and InterContinental Hotels Group Plc. REFA holds in its top three: ASML Holding NV, Roche Holding AG and BHP Group Ltd..

Which ETF is more diversified: DWMF or REFA?

DWMF holds 200 securities with 17.38% of its assets in the top 15. REFA has 211 securities and a top 15 weight of 33.66%.

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