AVEM.L vs. DEMS.L
AVEM.L (Avantis Emerging Markets Equity UCITS ETF USD Acc) and DEMS.L (WisdomTree Emerging Markets Equity Income UCITS ETF Acc) are both Emerging Markets Equities funds. AVEM.L is actively managed, while DEMS.L is passively managed. Over the past year, AVEM.L returned 37.78% vs 26.15% for DEMS.L. Their correlation of 0.80 suggests significant overlap in exposure. AVEM.L charges 0.35%/yr vs 0.46%/yr for DEMS.L.
Performance
AVEM.L vs. DEMS.L - Performance Comparison
Loading charts...
Different Trading Currencies
AVEM.L is traded in USD, while DEMS.L is traded in GBp. To make them comparable, the DEMS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with AVEM.L having a 16.34% return and DEMS.L slightly lower at 15.93%.
AVEM.L
- 1D
- -1.11%
- 1M
- -2.81%
- YTD
- 16.34%
- 6M
- 18.51%
- 1Y
- 37.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DEMS.L
- 1D
- -2.31%
- 1M
- -0.27%
- YTD
- 15.93%
- 6M
- 16.22%
- 1Y
- 26.15%
- 3Y*
- 17.99%
- 5Y*
- 9.28%
- 10Y*
- —
AVEM.L vs. DEMS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AVEM.L Avantis Emerging Markets Equity UCITS ETF USD Acc | 16.34% | 26.19% |
DEMS.L WisdomTree Emerging Markets Equity Income UCITS ETF Acc | 15.93% | 14.03% |
Correlation
The correlation between AVEM.L and DEMS.L is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025 | 0.80 |
The correlation between AVEM.L and DEMS.L has been stable across timeframes, ranging from 0.80 to 0.80 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVEM.L vs. DEMS.L — Risk / Return Rank
AVEM.L
DEMS.L
AVEM.L vs. DEMS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Equity UCITS ETF USD Acc (AVEM.L) and WisdomTree Emerging Markets Equity Income UCITS ETF Acc (DEMS.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.
| AVEM.L | DEMS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.35 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 3.36 | -0.46 |
| Martin ratioReturn relative to average drawdown | 11.01 | 11.14 | -0.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AVEM.L | DEMS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | 1.97 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.91 | 0.33 | +1.58 |
Drawdowns
AVEM.L vs. DEMS.L - Drawdown Comparison
The maximum AVEM.L drawdown since its inception was -13.87%, smaller than the maximum DEMS.L drawdown of -38.10%. Use the drawdown chart below to compare losses from any high point for AVEM.L and DEMS.L.
Loading charts...
Drawdown Indicators
| AVEM.L | DEMS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.87% | -38.10% | +24.23% |
Max Drawdown (1Y)Largest decline over 1 year | -13.05% | -7.84% | -5.21% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.11% | — |
Current DrawdownCurrent decline from peak | -7.02% | -3.73% | -3.29% |
Average DrawdownAverage peak-to-trough decline | -2.11% | -10.03% | +7.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 2.37% | +1.06% |
Volatility
AVEM.L vs. DEMS.L - Volatility Comparison
Avantis Emerging Markets Equity UCITS ETF USD Acc (AVEM.L) has a higher volatility of 7.97% compared to WisdomTree Emerging Markets Equity Income UCITS ETF Acc (DEMS.L) at 5.63%. This indicates that AVEM.L's price experiences larger fluctuations and is considered to be riskier than DEMS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVEM.L | DEMS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | 5.63% | +2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 15.98% | 10.99% | +4.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.86% | 13.34% | +5.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 15.10% | +4.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.86% | 21.00% | -1.14% |
AVEM.L vs. DEMS.L - Expense Ratio Comparison
AVEM.L has a 0.35% expense ratio, which is lower than DEMS.L's 0.46% expense ratio.
Dividends
AVEM.L vs. DEMS.L - Dividend Comparison
Neither AVEM.L nor DEMS.L has paid dividends to shareholders.
Frequently Asked Questions
AVEM.L and DEMS.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AVEM.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AVEM.L is cheaper with a 0.35% expense ratio, compared with 0.46% for DEMS.L.
They also come from different issuers: Avantis and WisdomTree. Their fees differ too: 0.35% for AVEM.L and 0.46% for DEMS.L.
Find the right allocation for AVEM.L and DEMS.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer