These funds have the highest Sharpe ratios
Ticker: DLS
Morningstar category: Foreign small/mid value
Sharpe ratio: 1.07
Expense ratio: 0.58%
12-month return: 24.02%
5 years (annualized): 13.18%
Wisdom Tree's penchant for dividends, rather than market capitalization, has scored again with a low-cost international offering. The fund has a 12-month yield of 2.68 – pretty fancy for a small-cap fund – and very little emerging markets exposure.