DEM vs. GDE
DEM (WisdomTree Emerging Markets Equity Income Fund) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - DEM is a Emerging Markets Equities fund tracking the WisdomTree Emerging Markets Equity income Index, while GDE is a Gold fund actively managed by WisdomTree. DEM is passively managed, while GDE is actively managed. Over the past 3 years, DEM returned 19.32%/yr vs 46.68%/yr for GDE. A 0.58 correlation means they provide meaningful diversification when combined. DEM charges 0.63%/yr vs 0.20%/yr for GDE.
Performance
DEM vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, DEM achieves a 19.97% return, which is significantly higher than GDE's 9.79% return.
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%
GDE
- 1D
- -1.35%
- 1M
- 1.88%
- YTD
- 9.79%
- 6M
- 11.87%
- 1Y
- 53.13%
- 3Y*
- 46.68%
- 5Y*
- —
- 10Y*
- —
DEM vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DEM WisdomTree Emerging Markets Equity Income Fund | 19.97% | 21.29% | 4.46% | 20.93% | -9.09% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 9.79% | 73.76% | 44.79% | 33.85% | -18.67% |
Correlation
The correlation between DEM and GDE is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.58 |
The correlation between DEM and GDE has been stable across timeframes, ranging from 0.53 to 0.58 - a consistent structural relationship.
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Return for Risk
DEM vs. GDE — Risk / Return Rank
DEM
GDE
DEM vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income Fund (DEM) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). 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 | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.34 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.10 | 2.36 | +1.75 |
| Martin ratioReturn relative to average drawdown | 14.52 | 7.34 | +7.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DEM | GDE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.38 | 1.88 | +0.50 |
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 | 1.15 | -0.93 |
Drawdowns
DEM vs. GDE - Drawdown Comparison
The maximum DEM drawdown since its inception was -51.85%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for DEM and GDE.
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Drawdown Indicators
| DEM | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.85% | -32.01% | -19.84% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | -22.66% | +14.77% |
Max Drawdown (3Y)Largest decline over 3 years | -15.64% | -22.66% | +7.02% |
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 | -1.19% | -11.17% | +9.98% |
Average DrawdownAverage peak-to-trough decline | -12.90% | -7.88% | -5.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 7.26% | -5.04% |
Volatility
DEM vs. GDE - Volatility Comparison
The current volatility for WisdomTree Emerging Markets Equity Income Fund (DEM) is 5.64%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 6.65%. This indicates that DEM experiences smaller price fluctuations and is considered to be less risky than GDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEM | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.64% | 6.65% | -1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 11.33% | 24.24% | -12.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.59% | 28.39% | -14.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.33% | 26.12% | -10.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.96% | 26.12% | -8.16% |
DEM vs. GDE - Expense Ratio Comparison
DEM has a 0.63% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
DEM vs. GDE - Dividend Comparison
DEM's dividend yield for the trailing twelve months is around 3.76%, less than GDE's 3.94% yield.
| 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% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.94% | 4.32% | 7.14% | 2.22% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DEM and GDE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (6.65%) compared to DEM (5.64%). In terms of maximum drawdown, DEM dropped -51.85% vs GDE's -32.01%.
On 3-year performance, GDE leads with 46.68% vs 19.32% for DEM. On fees, GDE is cheaper at 0.20% per year. On volatility, DEM has been the lower-risk option at 5.64%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GDE has performed better with a 46.68% return vs 19.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDE is cheaper with a 0.20% expense ratio, compared with 0.63% for DEM.
GDE has the higher dividend yield at 3.94%, compared with 3.76% for DEM.
DEM is categorized as Emerging Markets Equities, while GDE is Gold. Their fees differ too: 0.63% for DEM and 0.20% for GDE.
DEM currently has the higher Sharpe Ratio (2.38 vs 1.88), 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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