^N225 vs. DEM.L
^N225 (Nikkei 225) is an index, while DEM.L (WisdomTree Emerging Markets Equity Income UCITS ETF) is Emerging Markets Equities fund tracking the MSCI EM NR USD. Over the past 10 years, ^N225 returned 15.33%/yr vs 15.18%/yr for DEM.L. At a 0.27 correlation, their price movements are largely independent.
Performance
^N225 vs. DEM.L - Performance Comparison
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Different Trading Currencies
^N225 is traded in JPY, while DEM.L is traded in GBp. To make them comparable, the DEM.L values have been converted to JPY using the latest available exchange rates.
Returns By Period
In the year-to-date period, ^N225 achieves a 31.15% return, which is significantly higher than DEM.L's 21.51% return. Both investments have delivered pretty close results over the past 10 years, with ^N225 having a 15.33% annualized return and DEM.L not far behind at 15.18%.
^N225
- 1D
- 2.81%
- 1M
- 7.51%
- YTD
- 31.15%
- 6M
- 29.87%
- 1Y
- 74.50%
- 3Y*
- 25.98%
- 5Y*
- 17.93%
- 10Y*
- 15.33%
DEM.L
- 1D
- 1.97%
- 1M
- 6.65%
- YTD
- 21.51%
- 6M
- 23.97%
- 1Y
- 42.18%
- 3Y*
- 23.12%
- 5Y*
- 18.56%
- 10Y*
- 15.18%
^N225 vs. DEM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^N225 Nikkei 225 | 31.15% | 26.18% | 19.22% | 28.24% | -9.37% | 4.91% | 16.01% | 18.20% | -12.08% | 19.10% |
DEM.L WisdomTree Emerging Markets Equity Income UCITS ETF | 21.51% | 20.86% | 17.24% | 29.94% | -0.91% | 27.20% | -11.31% | 18.21% | -10.18% | 21.41% |
Correlation
The correlation between ^N225 and DEM.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2014 | 0.27 |
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Return for Risk
^N225 vs. DEM.L — Risk / Return Rank
^N225
DEM.L
^N225 vs. DEM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nikkei 225 (^N225) and WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^N225 | DEM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.48 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 5.78 | 6.58 | -0.80 |
| Martin ratioReturn relative to average drawdown | 20.01 | 21.93 | -1.92 |
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Drawdowns
^N225 vs. DEM.L - Drawdown Comparison
The maximum ^N225 drawdown since its inception was -81.87%, which is greater than DEM.L's maximum drawdown of -59.74%. Use the drawdown chart below to compare losses from any high point for ^N225 and DEM.L.
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Drawdown Indicators
| ^N225 | DEM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.87% | -59.74% | -22.13% |
Max Drawdown (1Y)Largest decline over 1 year | -13.23% | -6.27% | -6.96% |
Max Drawdown (3Y)Largest decline over 3 years | -26.26% | -20.20% | -6.06% |
Max Drawdown (5Y)Largest decline over 5 years | -26.26% | -20.20% | -6.06% |
Max Drawdown (10Y)Largest decline over 10 years | -31.80% | -38.64% | +6.84% |
Current DrawdownCurrent decline from peak | -3.48% | -0.84% | -2.64% |
Average DrawdownAverage peak-to-trough decline | -35.64% | -25.68% | -9.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.76% | 1.88% | +1.88% |
Volatility
^N225 vs. DEM.L - Volatility Comparison
Nikkei 225 (^N225) has a higher volatility of 9.08% compared to WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) at 5.61%. This indicates that ^N225's price experiences larger fluctuations and is considered to be riskier than DEM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ^N225 | DEM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 5.61% | +3.47% |
Volatility (6M)Calculated over the trailing 6-month period | 20.59% | 11.26% | +9.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.30% | 14.87% | +10.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.48% | 16.59% | +5.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.88% | 19.07% | +1.81% |
Frequently Asked Questions
^N225 and DEM.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ^N225 and DEM.L
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