DEM vs. EEMD

Last updated Jun 4, 2026

DEM (WisdomTree Emerging Markets Equity Income Fund) and EEMD (AAM S&P Emerging Markets High Dividend Value ETF) are both Emerging Markets Equities funds - DEM tracks the WisdomTree Emerging Markets Equity income Index while EEMD tracks the S&P Emerging Markets Dividend and Free Cash Flow Yield. Both are passively managed. A 0.73 correlation means they provide meaningful diversification when combined. DEM charges 0.63%/yr vs 0.50%/yr for EEMD.

Performance

DEM vs. EEMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Equity Income Fund (DEM) and AAM S&P Emerging Markets High Dividend Value ETF (EEMD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DEM

• 1D: -1.19%
• 1M: 6.63%
• YTD: 19.97%
• 6M: 20.75%
• 1Y: 32.23%
• 3Y*: 19.32%
• 5Y*: 9.57%
• 10Y*: 10.45%

EEMD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DEM vs. EEMD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEM WisdomTree Emerging Markets Equity Income Fund	19.97%	21.29%	4.46%	20.93%	-10.43%	11.49%	-5.84%	19.84%	-7.69%	5.09%
EEMD AAM S&P Emerging Markets High Dividend Value ETF	0.00%	0.00%	9.61%	17.60%	-11.21%	5.54%	-0.35%	12.55%	-14.57%	5.00%

Correlation

The correlation between DEM and EEMD is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Nov 30, 2017	0.73

The correlation between DEM and EEMD shifts across timeframes, from 0.53 (3 years) to 0.73 (all time), reflecting how their relationship changes across market environments.

DEM vs. EEMD - Sectors Allocation Comparison

Sectors	DEM	EEMD
Financial Services	21.9%	9.0%
Technology	17.4%	6.6%
Industrials	9.5%	8.2%
Energy	6.1%	10.6%
Consumer Defensive	5.8%	9.7%
Consumer Cyclical	5.0%	8.8%
Basic Materials	3.5%	7.4%
Real Estate	3.0%	9.8%
Utilities	3.0%	11.3%
Communication Services	3.0%	9.1%
Healthcare	0.6%	9.5%

Return for Risk

DEM vs. EEMD — Risk / Return Rank

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

DEM

DEM Risk / Return Rank: 74
DEM Sharpe Ratio Rank: 72
DEM Sortino Ratio Rank: 71
DEM Omega Ratio Rank: 71
DEM Calmar Ratio Rank: 79
DEM Martin Ratio Rank: 75

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. EEMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income Fund (DEM) and AAM S&P Emerging Markets High Dividend Value ETF (EEMD). 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	EEMD	Difference
Sharpe ratio Return per unit of total volatility	2.38	—	—
Sortino ratio Return per unit of downside risk	3.28	—	—
Omega ratio Gain probability vs. loss probability	1.43	—	—
Calmar ratio Return relative to maximum drawdown	4.10	—	—
Martin ratio Return relative to average drawdown	14.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DEM	EEMD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.38	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	—	—

Drawdowns

Drawdown Indicators

	DEM	EEMD	Difference
Max Drawdown Largest peak-to-trough decline	-51.85%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.79%	—	—
Current Drawdown Current decline from peak	-1.19%	—	—
Average Drawdown Average peak-to-trough decline	-12.90%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	—	—

Volatility

Volatility by Period

	DEM	EEMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.59%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.33%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.96%	—	—

DEM vs. EEMD - Expense Ratio Comparison

DEM has a 0.63% expense ratio, which is higher than EEMD's 0.50% expense ratio.

Dividends

DEM vs. EEMD - Dividend Comparison

DEM's dividend yield for the trailing twelve months is around 3.76%, while EEMD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEM WisdomTree Emerging Markets Equity Income Fund	3.76%	4.88%	5.24%	5.49%	8.62%	5.87%	4.21%	4.78%	4.47%	3.67%	3.63%	5.21%
EEMD AAM S&P Emerging Markets High Dividend Value ETF	0.00%	0.00%	4.03%	8.41%	7.66%	6.34%	3.84%	5.35%	4.91%	0.42%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DEM and EEMD in my portfolio?

DEM and EEMD have a correlation of 0.73, 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 or EEMD?

On fees, EEMD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DEM or EEMD?

EEMD is cheaper with a 0.50% expense ratio, compared with 0.63% for DEM.

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

DEM has the higher dividend yield at 3.76%, compared with 0.00% for EEMD.

What is the main difference between DEM and EEMD?

DEM tracks WisdomTree Emerging Markets Equity income Index, while EEMD tracks S&P Emerging Markets Dividend and Free Cash Flow Yield. They also come from different issuers: WisdomTree and Advisors Asset Management. Their fees differ too: 0.63% for DEM and 0.50% for EEMD.