DEM.L vs. ^N225
DEM.L (WisdomTree Emerging Markets Equity Income UCITS ETF) is Emerging Markets Equities fund tracking the MSCI EM NR USD, while ^N225 (Nikkei 225) is an index. Over the past 10 years, DEM.L returned 11.10%/yr vs 11.23%/yr for ^N225. At a 0.23 correlation, their price movements are largely independent.
Performance
DEM.L vs. ^N225 - Performance Comparison
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Different Trading Currencies
DEM.L is traded in GBp, while ^N225 is traded in JPY. To make them comparable, the ^N225 values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, DEM.L achieves a 19.52% return, which is significantly lower than ^N225's 28.66% return. Both investments have delivered pretty close results over the past 10 years, with DEM.L having a 11.10% annualized return and ^N225 not far ahead at 11.23%.
DEM.L
- 1D
- 1.92%
- 1M
- 5.07%
- YTD
- 19.52%
- 6M
- 20.30%
- 1Y
- 29.45%
- 3Y*
- 15.43%
- 5Y*
- 11.06%
- 10Y*
- 11.10%
^N225
- 1D
- 2.72%
- 1M
- 5.87%
- YTD
- 28.66%
- 6M
- 25.99%
- 1Y
- 58.85%
- 3Y*
- 18.07%
- 5Y*
- 10.45%
- 10Y*
- 11.23%
DEM.L vs. ^N225 - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEM.L WisdomTree Emerging Markets Equity Income UCITS ETF | 19.52% | 12.71% | 6.85% | 14.78% | -2.59% | 15.16% | -9.47% | 14.76% | -2.21% | 15.11% |
^N225 Nikkei 225 | 28.66% | 17.94% | 8.72% | 13.25% | -11.23% | -5.05% | 17.82% | 15.96% | -4.44% | 13.06% |
Correlation
The correlation between DEM.L and ^N225 is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2014 | 0.23 |
The correlation between DEM.L and ^N225 shifts across timeframes, from 0.09 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DEM.L vs. ^N225 — Risk / Return Rank
DEM.L
^N225
DEM.L vs. ^N225 - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) and Nikkei 225 (^N225). 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.
| DEM.L | ^N225 | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.42 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.36 | 4.47 | -0.11 |
| Martin ratioReturn relative to average drawdown | 14.77 | 13.05 | +1.71 |
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Drawdowns
DEM.L vs. ^N225 - Drawdown Comparison
The maximum DEM.L drawdown since its inception was -55.11%, which is greater than ^N225's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for DEM.L and ^N225.
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Drawdown Indicators
| DEM.L | ^N225 | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.11% | -34.96% | -20.15% |
Max Drawdown (1Y)Largest decline over 1 year | -6.56% | -13.44% | +6.88% |
Max Drawdown (3Y)Largest decline over 3 years | -12.37% | -22.75% | +10.38% |
Max Drawdown (5Y)Largest decline over 5 years | -14.48% | -23.10% | +8.62% |
Max Drawdown (10Y)Largest decline over 10 years | -30.09% | -24.67% | -5.42% |
Current DrawdownCurrent decline from peak | -0.50% | -3.51% | +3.01% |
Average DrawdownAverage peak-to-trough decline | -14.89% | -8.59% | -6.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 4.52% | -2.58% |
Volatility
DEM.L vs. ^N225 - Volatility Comparison
The current volatility for WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) is 4.88%, while Nikkei 225 (^N225) has a volatility of 8.89%. This indicates that DEM.L experiences smaller price fluctuations and is considered to be less risky than ^N225 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEM.L | ^N225 | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 8.89% | -4.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.13% | 20.09% | -9.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.38% | 24.46% | -11.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.09% | 22.92% | -9.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.79% | 21.23% | -5.44% |
Frequently Asked Questions
DEM.L and ^N225 have a correlation of 0.09, 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 DEM.L and ^N225
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