DEM vs. DGRE

Last updated Jun 23, 2026

DEM (WisdomTree Emerging Markets Equity Income Fund) and DGRE (WisdomTree Emerging Markets Quality Dividend Growth Fund) are both Emerging Markets Equities funds from WisdomTree. DEM is passively managed, while DGRE is actively managed. Over the past 10 years, DEM returned 10.73%/yr vs 10.15%/yr for DGRE. Their correlation of 0.84 suggests significant overlap in exposure. DEM charges 0.63%/yr vs 0.32%/yr for DGRE.

Performance

DEM vs. DGRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Equity Income Fund (DEM) and WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DEM achieves a 20.44% return, which is significantly lower than DGRE's 34.34% return. Over the past 10 years, DEM has outperformed DGRE with an annualized return of 10.73%, while DGRE has yielded a comparatively lower 10.15% annualized return.

DEM

• 1D: 0.54%
• 1M: 3.59%
• YTD: 20.44%
• 6M: 21.22%
• 1Y: 31.41%
• 3Y*: 19.07%
• 5Y*: 10.23%
• 10Y*: 10.73%

DGRE

• 1D: -0.69%
• 1M: 7.62%
• YTD: 34.34%
• 6M: 36.58%
• 1Y: 59.93%
• 3Y*: 25.29%
• 5Y*: 9.70%
• 10Y*: 10.15%

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

DEM vs. DGRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEM WisdomTree Emerging Markets Equity Income Fund	20.44%	21.29%	4.46%	20.93%	-10.43%	11.49%	-5.84%	19.84%	-7.69%	26.26%
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	34.34%	27.47%	3.63%	18.46%	-21.86%	2.55%	10.85%	21.12%	-16.36%	33.61%

Correlation

The correlation between DEM and DGRE 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	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Aug 1, 2013	0.84

The correlation between DEM and DGRE has been stable across timeframes, ranging from 0.74 to 0.84 - a consistent structural relationship.

DEM vs. DGRE - Sectors Allocation Comparison

Sectors	DEM	DGRE
Financial Services	21.9%	17.8%
Technology	17.4%	41.5%
Industrials	9.5%	11.8%
Energy	6.1%	1.9%
Consumer Defensive	5.8%	4.5%
Consumer Cyclical	5.0%	5.5%
Basic Materials	3.5%	6.6%
Real Estate	3.0%	0.8%
Utilities	3.0%	2.2%
Communication Services	3.0%	2.6%
Healthcare	0.6%	4.8%

Return for Risk

DEM vs. DGRE — Risk / Return Rank

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

DEM

DEM Risk / Return Rank: 73
DEM Sharpe Ratio Rank: 72
DEM Sortino Ratio Rank: 70
DEM Omega Ratio Rank: 72
DEM Calmar Ratio Rank: 80
DEM Martin Ratio Rank: 75

DGRE

DGRE Risk / Return Rank: 85
DGRE Sharpe Ratio Rank: 87
DGRE Sortino Ratio Rank: 82
DGRE Omega Ratio Rank: 86
DGRE Calmar Ratio Rank: 84
DGRE Martin Ratio Rank: 86

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 vs. DGRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income Fund (DEM) and WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE). 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	DGRE	Difference
Sharpe ratio: Return per unit of total volatility	2.22	2.74	-0.52
Sortino ratio: Return per unit of downside risk	3.03	3.48	-0.45
Omega ratio: Gain probability vs. loss probability	1.41	1.50	-0.09
Calmar ratio: Return relative to maximum drawdown	4.00	4.40	-0.41
Martin ratio: Return relative to average drawdown	13.71	17.37	-3.65

DEM vs. DGRE - Sharpe Ratio Comparison

The current DEM Sharpe Ratio is 2.22, which is comparable to the DGRE Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of DEM and DGRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DEM vs. DGRE - Drawdown Comparison

The maximum DEM drawdown since its inception was -51.85%, which is greater than DGRE's maximum drawdown of -36.95%. Use the drawdown chart below to compare losses from any high point for DEM and DGRE.

Drawdown Indicators

	DEM	DGRE	Difference
Max Drawdown Largest peak-to-trough decline	-51.85%	-36.95%	-14.90%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-13.68%	+5.79%
Max Drawdown (3Y) Largest decline over 3 years	-15.64%	-20.65%	+5.01%
Max Drawdown (5Y) Largest decline over 5 years	-27.18%	-33.99%	+6.81%
Max Drawdown (10Y) Largest decline over 10 years	-37.79%	-36.95%	-0.84%
Current Drawdown Current decline from peak	-0.80%	-0.69%	-0.11%
Average Drawdown Average peak-to-trough decline	-12.87%	-11.97%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	3.46%	-1.16%

Volatility

DEM vs. DGRE - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Equity Income Fund (DEM) is 5.90%, while WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) has a volatility of 10.45%. This indicates that DEM experiences smaller price fluctuations and is considered to be less risky than DGRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEM	DGRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.90%	10.45%	-4.55%
Volatility (6M) Calculated over the trailing 6-month period	12.23%	20.17%	-7.94%
Volatility (1Y) Calculated over the trailing 1-year period	14.21%	22.00%	-7.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.46%	18.58%	-3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.97%	19.82%	-1.85%

DEM vs. DGRE - Expense Ratio Comparison

DEM has a 0.63% expense ratio, which is higher than DGRE's 0.32% expense ratio.

Dividends

DEM vs. DGRE - Dividend Comparison

DEM's dividend yield for the trailing twelve months is around 3.74%, more than DGRE's 1.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEM WisdomTree Emerging Markets Equity Income Fund	3.74%	4.88%	5.24%	5.49%	8.62%	5.87%	4.21%	4.78%	4.47%	3.67%	3.63%	5.21%
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	1.16%	1.65%	1.90%	2.22%	4.38%	2.56%	2.11%	2.32%	2.71%	3.12%	3.18%	3.01%

Frequently Asked Questions

Can I hold both DEM and DGRE in my portfolio?

DEM and DGRE 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 is riskier, DEM or DGRE?

DGRE has higher volatility (10.45%) compared to DEM (5.90%). In terms of maximum drawdown, DEM dropped -51.85% vs DGRE's -36.95%.

Which ETF is better, DEM or DGRE?

On 10-year performance, DEM leads with 10.73% vs 10.15% for DGRE. On fees, DGRE is cheaper at 0.32% per year. On volatility, DEM has been the lower-risk option at 5.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DEM or DGRE?

Over the 10-year period, DEM has performed better with a 10.73% return vs 10.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DEM or DGRE?

DGRE is cheaper with a 0.32% expense ratio, compared with 0.63% for DEM.

Which ETF pays a higher dividend yield, DEM or DGRE?

DEM has the higher dividend yield at 3.74%, compared with 1.16% for DGRE.

What is the main difference between DEM and DGRE?

Their fees differ too: 0.63% for DEM and 0.32% for DGRE.

Which has better risk-adjusted returns?

DGRE currently has the higher Sharpe Ratio (2.74 vs 2.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.