DEM vs. EVLU
DEM (WisdomTree Emerging Markets Equity Income Fund) and EVLU (iShares MSCI Emerging Markets Value Factor ETF) are both Emerging Markets Equities funds - DEM tracks the WisdomTree Emerging Markets Equity income Index while EVLU tracks the MSCI Emerging Markets Value Factor Select Index (Net). Both are passively managed. Over the past year, DEM returned 28.27% vs 59.59% for EVLU. Their correlation of 0.87 suggests significant overlap in exposure. DEM charges 0.63%/yr vs 0.35%/yr for EVLU.
Performance
DEM vs. EVLU - Performance Comparison
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Returns By Period
In the year-to-date period, DEM achieves a 18.12% return, which is significantly lower than EVLU's 28.98% return.
DEM
- 1D
- -1.93%
- 1M
- 1.59%
- YTD
- 18.12%
- 6M
- 18.38%
- 1Y
- 28.27%
- 3Y*
- 18.30%
- 5Y*
- 9.65%
- 10Y*
- 10.52%
EVLU
- 1D
- -3.07%
- 1M
- 3.10%
- YTD
- 28.98%
- 6M
- 30.29%
- 1Y
- 59.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DEM vs. EVLU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DEM WisdomTree Emerging Markets Equity Income Fund | 18.12% | 21.29% | -2.89% |
EVLU iShares MSCI Emerging Markets Value Factor ETF | 28.98% | 38.54% | 1.21% |
Correlation
The correlation between DEM and EVLU is 0.84, 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 | 0.84 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2024 | 0.87 |
The correlation between DEM and EVLU has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.
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Return for Risk
DEM vs. EVLU — Risk / Return Rank
DEM
EVLU
DEM vs. EVLU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income Fund (DEM) and iShares MSCI Emerging Markets Value Factor ETF (EVLU). 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 | EVLU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.53 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 4.64 | -1.04 |
| Martin ratioReturn relative to average drawdown | 12.31 | 16.27 | -3.96 |
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Drawdowns
DEM vs. EVLU - Drawdown Comparison
The maximum DEM drawdown since its inception was -51.85%, which is greater than EVLU's maximum drawdown of -17.17%. Use the drawdown chart below to compare losses from any high point for DEM and EVLU.
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Drawdown Indicators
| DEM | EVLU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.85% | -17.17% | -34.68% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | -12.90% | +5.01% |
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 DrawdownCurrent decline from peak | -2.71% | -5.94% | +3.23% |
Average DrawdownAverage peak-to-trough decline | -12.87% | -3.52% | -9.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 3.67% | -1.37% |
Volatility
DEM vs. EVLU - Volatility Comparison
The current volatility for WisdomTree Emerging Markets Equity Income Fund (DEM) is 6.28%, while iShares MSCI Emerging Markets Value Factor ETF (EVLU) has a volatility of 9.29%. This indicates that DEM experiences smaller price fluctuations and is considered to be less risky than EVLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEM | EVLU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.28% | 9.29% | -3.01% |
Volatility (6M)Calculated over the trailing 6-month period | 12.40% | 17.64% | -5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.33% | 20.18% | -5.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.49% | 20.36% | -4.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.87% | 20.36% | -2.49% |
DEM vs. EVLU - Expense Ratio Comparison
DEM has a 0.63% expense ratio, which is higher than EVLU's 0.35% expense ratio.
Dividends
DEM vs. EVLU - Dividend Comparison
DEM's dividend yield for the trailing twelve months is around 3.82%, more than EVLU's 3.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEM WisdomTree Emerging Markets Equity Income Fund | 3.82% | 4.88% | 5.24% | 5.49% | 8.62% | 5.87% | 4.21% | 4.78% | 4.47% | 3.67% | 3.63% | 5.21% |
EVLU iShares MSCI Emerging Markets Value Factor ETF | 3.77% | 5.20% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DEM and EVLU have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVLU has higher volatility (9.29%) compared to DEM (6.28%). In terms of maximum drawdown, DEM dropped -51.85% vs EVLU's -17.17%.
On 1-year performance, EVLU leads with 59.59% vs 28.27% for DEM. On fees, EVLU is cheaper at 0.35% per year. On volatility, DEM has been the lower-risk option at 6.28%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EVLU has performed better with a 59.59% return vs 28.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EVLU is cheaper with a 0.35% expense ratio, compared with 0.63% for DEM.
DEM has the higher dividend yield at 3.82%, compared with 3.77% for EVLU.
DEM tracks WisdomTree Emerging Markets Equity income Index, while EVLU tracks MSCI Emerging Markets Value Factor Select Index (Net). They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.63% for DEM and 0.35% for EVLU.
EVLU currently has the higher Sharpe Ratio (2.97 vs 1.98), 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.
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