DEM.L vs. DEMS.L

Last updated Jun 4, 2026

DEM.L (WisdomTree Emerging Markets Equity Income UCITS ETF) and DEMS.L (WisdomTree Emerging Markets Equity Income UCITS ETF Acc) are both Emerging Markets Equities funds from WisdomTree tracking the MSCI EM NR USD. Both are passively managed. Over the past 5 years, DEM.L returned 12.70%/yr vs 10.89%/yr for DEMS.L. Their correlation of 0.86 suggests significant overlap in exposure. Both charge a 0.46% expense ratio.

Performance

DEM.L vs. DEMS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) and WisdomTree Emerging Markets Equity Income UCITS ETF Acc (DEMS.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DEM.L having a 19.05% return and DEMS.L slightly lower at 18.61%.

DEM.L

• 1D: -0.90%
• 1M: 7.90%
• YTD: 19.05%
• 6M: 18.88%
• 1Y: 31.57%
• 3Y*: 19.15%
• 5Y*: 12.70%
• 10Y*: 12.62%

DEMS.L

• 1D: -1.43%
• 1M: 7.45%
• YTD: 18.61%
• 6M: 18.26%
• 1Y: 31.02%
• 3Y*: 16.31%
• 5Y*: 10.89%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DEM.L vs. DEMS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEM.L WisdomTree Emerging Markets Equity Income UCITS ETF	19.05%	12.71%	11.70%	18.04%	-2.59%	15.16%	-6.66%	17.84%	-1.94%	14.47%
DEMS.L WisdomTree Emerging Markets Equity Income UCITS ETF Acc	18.61%	12.50%	7.08%	14.64%	-2.59%	15.41%	-9.66%	14.70%	-2.61%	15.25%

Correlation

The correlation between DEM.L and DEMS.L is 0.82, 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	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Nov 9, 2016	0.86

The correlation between DEM.L and DEMS.L has been stable across timeframes, ranging from 0.82 to 0.92 - a consistent structural relationship.

DEM.L vs. DEMS.L - Sectors Allocation Comparison

Sectors	DEM.L	DEMS.L
Financial Services	25.5%	23.9%
Technology	16.7%	22.9%
Industrials	11.7%	11.0%
Consumer Defensive	8.9%	8.3%
Consumer Cyclical	8.7%	7.9%
Basic Materials	6.5%	5.9%
Communication Services	5.5%	5.1%
Real Estate	5.0%	4.6%
Utilities	4.8%	4.2%
Energy	4.8%	4.4%
Healthcare	2.0%	1.8%

Return for Risk

DEM.L vs. DEMS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DEM.L

DEM.L Risk / Return Rank: 77
DEM.L Sharpe Ratio Rank: 73
DEM.L Sortino Ratio Rank: 73
DEM.L Omega Ratio Rank: 70
DEM.L Calmar Ratio Rank: 86
DEM.L Martin Ratio Rank: 82

DEMS.L

DEMS.L Risk / Return Rank: 83
DEMS.L Sharpe Ratio Rank: 82
DEMS.L Sortino Ratio Rank: 81
DEMS.L Omega Ratio Rank: 80
DEMS.L Calmar Ratio Rank: 86
DEMS.L Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DEM.L vs. DEMS.L - 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 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.

	DEM.L	DEMS.L	Difference
Sharpe ratio: Return per unit of total volatility	2.40	2.67	-0.27
Sortino ratio: Return per unit of downside risk	3.33	3.60	-0.27
Omega ratio: Gain probability vs. loss probability	1.42	1.48	-0.05
Calmar ratio: Return relative to maximum drawdown	4.79	4.77	+0.02
Martin ratio: Return relative to average drawdown	16.62	16.99	-0.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DEM.L vs. DEMS.L - Sharpe Ratio Comparison

The current DEM.L Sharpe Ratio is 2.40, which is comparable to the DEMS.L Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of DEM.L and DEMS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DEM.L	DEMS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	2.67	-0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	0.85	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.54	+0.06

Drawdowns

DEM.L vs. DEMS.L - Drawdown Comparison

The maximum DEM.L drawdown since its inception was -35.94%, which is greater than DEMS.L's maximum drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for DEM.L and DEMS.L.

Drawdown Indicators

	DEM.L	DEMS.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.94%	-29.57%	-6.37%
Max Drawdown (1Y) Largest decline over 1 year	-6.56%	-6.47%	-0.09%
Max Drawdown (3Y) Largest decline over 3 years	-12.37%	-12.88%	+0.51%
Max Drawdown (5Y) Largest decline over 5 years	-14.48%	-14.79%	+0.31%
Max Drawdown (10Y) Largest decline over 10 years	-30.09%	—	—
Current Drawdown Current decline from peak	-0.90%	-1.43%	+0.53%
Average Drawdown Average peak-to-trough decline	-6.55%	-5.02%	-1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	1.82%	+0.07%

Volatility

DEM.L vs. DEMS.L - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) is 4.50%, while WisdomTree Emerging Markets Equity Income UCITS ETF Acc (DEMS.L) has a volatility of 4.79%. This indicates that DEM.L experiences smaller price fluctuations and is considered to be less risky than DEMS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEM.L	DEMS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	4.79%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	9.73%	9.30%	+0.43%
Volatility (1Y) Calculated over the trailing 1-year period	13.12%	11.62%	+1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.31%	12.78%	+0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.47%	15.66%	+0.81%

DEM.L vs. DEMS.L - Expense Ratio Comparison

Both DEM.L and DEMS.L have an expense ratio of 0.46%.

Dividends

DEM.L vs. DEMS.L - Dividend Comparison

DEM.L's dividend yield for the trailing twelve months is around 3.73%, while DEMS.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEM.L WisdomTree Emerging Markets Equity Income UCITS ETF	3.73%	4.47%	11.82%	9.48%	7.05%	4.14%	9.14%	6.10%	4.19%	3.16%	1.48%	4.55%
DEMS.L WisdomTree Emerging Markets Equity Income UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DEM.L and DEMS.L in my portfolio?

DEM.L and DEMS.L have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DEM.L or DEMS.L?

Both ETFs have the same 0.46% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DEM.L or DEMS.L?

DEM.L and DEMS.L have the same expense ratio: 0.46% per year.

What is the main difference between DEM.L and DEMS.L?

Both ETFs track MSCI EM NR USD.