DEM.L vs. BTC-USD
DEM.L (WisdomTree Emerging Markets Equity Income UCITS ETF) is Emerging Markets Equities fund tracking the MSCI EM NR USD, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, DEM.L returned 11.10%/yr vs 56.83%/yr for BTC-USD. At a 0.07 correlation, their price movements are largely independent.
Performance
DEM.L vs. BTC-USD - Performance Comparison
Loading charts...
Different Trading Currencies
DEM.L is traded in GBp, while BTC-USD is traded in USD. To make them comparable, the BTC-USD 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 higher than BTC-USD's -24.90% return. Over the past 10 years, DEM.L has underperformed BTC-USD with an annualized return of 11.10%, while BTC-USD has yielded a comparatively higher 56.83% annualized return.
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%
BTC-USD
- 1D
- 3.07%
- 1M
- -17.81%
- YTD
- -24.90%
- 6M
- -26.11%
- 1Y
- -37.62%
- 3Y*
- 34.59%
- 5Y*
- 11.32%
- 10Y*
- 56.83%
DEM.L vs. BTC-USD - 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% |
BTC-USD Bitcoin | -24.90% | -12.95% | 125.81% | 140.73% | -59.81% | 60.91% | 292.68% | 86.71% | -73.15% | 1,284.82% |
Correlation
The correlation between DEM.L and BTC-USD is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2014 | 0.07 |
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
DEM.L vs. BTC-USD — Risk / Return Rank
DEM.L
BTC-USD
DEM.L vs. BTC-USD - 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 Bitcoin (BTC-USD). 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 | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.04 | ||
| Sortino ratioReturn per unit of downside risk | +4.19 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 0.87 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 4.36 | -0.74 | +5.11 |
| Martin ratioReturn relative to average drawdown | 14.77 | -1.29 | +16.05 |
Loading charts...
Drawdowns
DEM.L vs. BTC-USD - Drawdown Comparison
The maximum DEM.L drawdown since its inception was -55.11%, smaller than the maximum BTC-USD drawdown of -84.19%. Use the drawdown chart below to compare losses from any high point for DEM.L and BTC-USD.
Loading charts...
Drawdown Indicators
| DEM.L | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.11% | -84.19% | +29.08% |
Max Drawdown (1Y)Largest decline over 1 year | -6.56% | -50.55% | +43.99% |
Max Drawdown (3Y)Largest decline over 3 years | -12.37% | -50.55% | +38.18% |
Max Drawdown (5Y)Largest decline over 5 years | -14.48% | -73.24% | +58.76% |
Max Drawdown (10Y)Largest decline over 10 years | -30.09% | -82.15% | +52.06% |
Current DrawdownCurrent decline from peak | -0.50% | -47.29% | +46.79% |
Average DrawdownAverage peak-to-trough decline | -14.89% | -40.36% | +25.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 34.99% | -33.05% |
Volatility
DEM.L vs. BTC-USD - Volatility Comparison
The current volatility for WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) is 4.88%, while Bitcoin (BTC-USD) has a volatility of 11.79%. This indicates that DEM.L experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DEM.L | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 11.79% | -6.91% |
Volatility (6M)Calculated over the trailing 6-month period | 10.13% | 34.04% | -23.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.38% | 34.70% | -21.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.09% | 44.40% | -31.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.79% | 55.76% | -39.97% |
Frequently Asked Questions
DEM.L and BTC-USD have a correlation of 0.08, 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 BTC-USD
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