DEM vs. GEME

Last updated Jun 24, 2026

DEM (WisdomTree Emerging Markets Equity Income Fund) and GEME (Pacific North of South Global Emerging Markets Equity Active ETF) are both Emerging Markets Equities funds. DEM is passively managed, while GEME is actively managed. Over the past year, DEM returned 28.27% vs 70.02% for GEME. A 0.80 correlation means they provide meaningful diversification when combined. DEM charges 0.63%/yr vs 0.75%/yr for GEME.

Performance

DEM vs. GEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Equity Income Fund (DEM) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DEM achieves a 18.12% return, which is significantly lower than GEME's 32.99% 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%

GEME

• 1D: -4.95%
• 1M: 0.89%
• YTD: 32.99%
• 6M: 35.43%
• 1Y: 70.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DEM vs. GEME - Yearly Performance Comparison

	2026 (YTD)	2025
DEM WisdomTree Emerging Markets Equity Income Fund	18.12%	19.78%
GEME Pacific North of South Global Emerging Markets Equity Active ETF	32.99%	37.43%

Correlation

The correlation between DEM and GEME is 0.80, 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	0.80
Correlation (All Time) Calculated using the full available price history since Jan 23, 2025	0.80

The correlation between DEM and GEME has been stable across timeframes, ranging from 0.80 to 0.80 - a consistent structural relationship.

Return for Risk

DEM vs. GEME — Risk / Return Rank

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

DEM

DEM Risk / Return Rank: 66
DEM Sharpe Ratio Rank: 63
DEM Sortino Ratio Rank: 61
DEM Omega Ratio Rank: 63
DEM Calmar Ratio Rank: 74
DEM Martin Ratio Rank: 70

GEME

GEME Risk / Return Rank: 90
GEME Sharpe Ratio Rank: 92
GEME Sortino Ratio Rank: 86
GEME Omega Ratio Rank: 90
GEME Calmar Ratio Rank: 90
GEME Martin Ratio Rank: 90

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. GEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income Fund (DEM) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME). 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	GEME	Difference
Sharpe ratio: Return per unit of total volatility	1.98	3.03	-1.05
Sortino ratio: Return per unit of downside risk	2.72	3.58	-0.86
Omega ratio: Gain probability vs. loss probability	1.36	1.54	-0.17
Calmar ratio: Return relative to maximum drawdown	3.60	5.23	-1.63
Martin ratio: Return relative to average drawdown	12.31	19.34	-7.03

DEM vs. GEME - Sharpe Ratio Comparison

The current DEM Sharpe Ratio is 1.98, which is lower than the GEME Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of DEM and GEME, 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. GEME - Drawdown Comparison

The maximum DEM drawdown since its inception was -51.85%, which is greater than GEME's maximum drawdown of -16.86%. Use the drawdown chart below to compare losses from any high point for DEM and GEME.

Drawdown Indicators

	DEM	GEME	Difference
Max Drawdown Largest peak-to-trough decline	-51.85%	-16.86%	-34.99%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-13.46%	+5.57%
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	-2.71%	-5.18%	+2.47%
Average Drawdown Average peak-to-trough decline	-12.87%	-2.38%	-10.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	3.63%	-1.33%

Volatility

DEM vs. GEME - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Equity Income Fund (DEM) is 6.28%, while Pacific North of South Global Emerging Markets Equity Active ETF (GEME) has a volatility of 10.98%. This indicates that DEM experiences smaller price fluctuations and is considered to be less risky than GEME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEM	GEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.28%	10.98%	-4.70%
Volatility (6M) Calculated over the trailing 6-month period	12.40%	20.46%	-8.06%
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	23.24%	-8.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.49%	24.00%	-8.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.87%	24.00%	-6.13%

DEM vs. GEME - Expense Ratio Comparison

DEM has a 0.63% expense ratio, which is lower than GEME's 0.75% expense ratio.

Dividends

DEM vs. GEME - Dividend Comparison

DEM's dividend yield for the trailing twelve months is around 3.82%, less than GEME's 5.27% 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%
GEME Pacific North of South Global Emerging Markets Equity Active ETF	5.27%	7.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DEM and GEME in my portfolio?

DEM and GEME have a correlation of 0.80, 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 GEME?

GEME has higher volatility (10.98%) compared to DEM (6.28%). In terms of maximum drawdown, DEM dropped -51.85% vs GEME's -16.86%.

Which ETF is better, DEM or GEME?

On 1-year performance, GEME leads with 70.02% vs 28.27% for DEM. On fees, DEM is cheaper at 0.63% 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.

Which ETF has performed better, DEM or GEME?

Over the 1-year period, GEME has performed better with a 70.02% return vs 28.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DEM or GEME?

DEM is cheaper with a 0.63% expense ratio, compared with 0.75% for GEME.

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

GEME has the higher dividend yield at 5.27%, compared with 3.82% for DEM.

What is the main difference between DEM and GEME?

They also come from different issuers: WisdomTree and Pacific AM. Their fees differ too: 0.63% for DEM and 0.75% for GEME.

Which has better risk-adjusted returns?

GEME currently has the higher Sharpe Ratio (3.03 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.