PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
DEM.L vs. ISDE.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DEM.L vs. ISDE.L

Last updated Jun 4, 2026

DEM.L (WisdomTree Emerging Markets Equity Income UCITS ETF) and ISDE.L (iShares MSCI EM Islamic UCITS ETF USD (Dist)) are both Emerging Markets Equities funds - DEM.L tracks the MSCI EM NR USD while ISDE.L tracks the MSCI Emerging Markets Islamic Index. Both are passively managed. Over the past 10 years, DEM.L returned 12.62%/yr vs 14.51%/yr for ISDE.L. A 0.67 correlation means they provide meaningful diversification when combined. DEM.L charges 0.46%/yr vs 0.85%/yr for ISDE.L.

Performance

DEM.L vs. ISDE.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 iShares MSCI EM Islamic UCITS ETF USD (Dist) (ISDE.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

DEM.L is traded in GBp, while ISDE.L is traded in USD. To make them comparable, the ISDE.L 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 19.05% return, which is significantly lower than ISDE.L's 65.31% return. Over the past 10 years, DEM.L has underperformed ISDE.L with an annualized return of 12.62%, while ISDE.L has yielded a comparatively higher 14.51% annualized return.

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%

ISDE.L

1D
-0.66%
1M
23.28%
YTD
65.31%
6M
70.12%
1Y
117.12%
3Y*
29.80%
5Y*
14.68%
10Y*
14.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
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%
ISDE.L
iShares MSCI EM Islamic UCITS ETF USD (Dist)		65.31%30.46%-1.86%8.28%-13.53%3.61%18.62%14.85%-12.37%29.47%

Correlation

The correlation between DEM.L and ISDE.L is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.61

Correlation (5Y)
Calculated over the trailing 5-year period

0.64

Correlation (10Y)
Calculated over the trailing 10-year period

0.67

Correlation (All Time)
Calculated using the full available price history since Nov 21, 2014

0.67

The correlation between DEM.L and ISDE.L shifts across timeframes, from 0.52 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

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

Sectors
DEM.L
ISDE.L

Financial Services

25.5%
3.7%

Technology

16.7%
48.0%

Industrials

11.7%
8.6%

Consumer Defensive

8.9%
3.3%

Consumer Cyclical

8.7%
5.3%

Basic Materials

6.5%
12.2%

Communication Services

5.5%
0.9%

Real Estate

5.0%
0.9%

Utilities

4.8%
2.3%

Energy

4.8%
10.1%

Healthcare

2.0%
4.8%

Financial Services

DEM.L
25.5%
ISDE.L
3.7%

Technology

DEM.L
16.7%
ISDE.L
48.0%

Industrials

DEM.L
11.7%
ISDE.L
8.6%

Consumer Defensive

DEM.L
8.9%
ISDE.L
3.3%

Consumer Cyclical

DEM.L
8.7%
ISDE.L
5.3%

Basic Materials

DEM.L
6.5%
ISDE.L
12.2%

Communication Services

DEM.L
5.5%
ISDE.L
0.9%

Real Estate

DEM.L
5.0%
ISDE.L
0.9%

Utilities

DEM.L
4.8%
ISDE.L
2.3%

Energy

DEM.L
4.8%
ISDE.L
10.1%

Healthcare

DEM.L
2.0%
ISDE.L
4.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree Emerging Markets Equity Income UCITS ETF

iShares MSCI EM Islamic UCITS ETF USD (Dist)

Often compared with DEM.L:
DEM.L vs. JEPG.LDEM.L vs. IEMGDEM.L vs. VEVE.ASDEM.L vs. IWRD.LDEM.L vs. QQQMDEM.L vs. QGRWDEM.L vs. SSO
Often compared with ISDE.L:
ISDE.L vs. JRDM.LISDE.L vs. VDEM.LISDE.L vs. LEML.LISDE.L vs. PRAM.LISDE.L vs. VFEG.LISDE.L vs. EDG2.LISDE.L vs. IUIT.L

Return for Risk

DEM.L vs. ISDE.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: 7777
Overall Rank
DEM.L Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
DEM.L Sortino Ratio Rank: 7373
Sortino Ratio Rank
DEM.L Omega Ratio Rank: 7070
Omega Ratio Rank
DEM.L Calmar Ratio Rank: 8686
Calmar Ratio Rank
DEM.L Martin Ratio Rank: 8282
Martin Ratio Rank
ISDE.L
ISDE.L Risk / Return Rank: 9696
Overall Rank
ISDE.L Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
ISDE.L Sortino Ratio Rank: 9595
Sortino Ratio Rank
ISDE.L Omega Ratio Rank: 9696
Omega Ratio Rank
ISDE.L Calmar Ratio Rank: 9595
Calmar Ratio Rank
ISDE.L Martin Ratio Rank: 9595
Martin Ratio Rank
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. ISDE.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 iShares MSCI EM Islamic UCITS ETF USD (Dist) (ISDE.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.LISDE.LDifference
Sharpe ratioReturn per unit of total volatility
2.40
4.99

-2.59

Sortino ratioReturn per unit of downside risk
3.33
5.62

-2.29

Omega ratioGain probability vs. loss probability

1.42

1.85

-0.43

Calmar ratioReturn relative to maximum drawdown

4.79

9.26

-4.47

Martin ratioReturn relative to average drawdown

16.62

33.42

-16.80

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. ISDE.L - Sharpe Ratio Comparison

The current DEM.L Sharpe Ratio is 2.40, which is lower than the ISDE.L Sharpe Ratio of 4.99. The chart below compares the historical Sharpe Ratios of DEM.L and ISDE.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.

Loading charts...

Sharpe Ratios by Period

DEM.LISDE.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.40

4.99

-2.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.96

0.83

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.85

0.75

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.37

+0.23

Drawdowns

DEM.L vs. ISDE.L - Drawdown Comparison

The maximum DEM.L drawdown since its inception was -35.94%, smaller than the maximum ISDE.L drawdown of -46.71%. Use the drawdown chart below to compare losses from any high point for DEM.L and ISDE.L.

Loading charts...

Drawdown Indicators

DEM.LISDE.LDifference

Max Drawdown

Largest peak-to-trough decline

-35.94%

-46.71%

+10.77%

Max Drawdown (1Y)

Largest decline over 1 year

-6.56%

-12.58%

+6.02%

Max Drawdown (3Y)

Largest decline over 3 years

-12.37%

-21.66%

+9.29%

Max Drawdown (5Y)

Largest decline over 5 years

-14.48%

-21.66%

+7.18%

Max Drawdown (10Y)

Largest decline over 10 years

-30.09%

-26.22%

-3.87%

Current Drawdown

Current decline from peak

-0.90%

-0.66%

-0.24%

Average Drawdown

Average peak-to-trough decline

-6.55%

-14.03%

+7.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.89%

3.49%

-1.60%

Volatility

DEM.L vs. ISDE.L - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) is 4.50%, while iShares MSCI EM Islamic UCITS ETF USD (Dist) (ISDE.L) has a volatility of 11.47%. This indicates that DEM.L experiences smaller price fluctuations and is considered to be less risky than ISDE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

DEM.LISDE.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.50%

11.47%

-6.97%

Volatility (6M)

Calculated over the trailing 6-month period

9.73%

20.71%

-10.98%

Volatility (1Y)

Calculated over the trailing 1-year period

13.12%

23.34%

-10.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.31%

17.72%

-4.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.47%

19.26%

-2.79%

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

DEM.L has a 0.46% expense ratio, which is lower than ISDE.L's 0.85% expense ratio.

Dividends

DEM.L vs. ISDE.L - Dividend Comparison

DEM.L's dividend yield for the trailing twelve months is around 3.73%, more than ISDE.L's 1.05% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
ISDE.L
iShares MSCI EM Islamic UCITS ETF USD (Dist)		1.05%1.86%2.51%2.77%2.10%1.79%0.98%1.55%1.64%1.02%1.07%2.32%

Frequently Asked Questions

DEM.L and ISDE.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, DEM.L is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DEM.L is cheaper with a 0.46% expense ratio, compared with 0.85% for ISDE.L.

DEM.L tracks MSCI EM NR USD, while ISDE.L tracks MSCI Emerging Markets Islamic Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.46% for DEM.L and 0.85% for ISDE.L.

Portfolio Optimizer

Find the right allocation for DEM.L and ISDE.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