DEMD.L vs. DHS.L
DEMD.L (WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist)) and DHS.L (WisdomTree US High Dividend UCITS ETF USD (Dist)) are both exchange-traded funds - DEMD.L is a Emerging Markets Equities fund tracking the WisdomTree Emerging Markets High Dividend UCITS Index, while DHS.L is a Dividend fund tracking the WisdomTree US High Dividend UCITS Index. Both are passively managed. Over the past 10 years, DEMD.L returned 8.84%/yr vs 9.50%/yr for DHS.L. At a 0.47 correlation, their price movements are largely independent. DEMD.L charges 0.46%/yr vs 0.29%/yr for DHS.L.
Performance
DEMD.L vs. DHS.L - Performance Comparison
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Different Trading Currencies
DEMD.L is traded in USD, while DHS.L is traded in GBp. To make them comparable, the DHS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DEMD.L achieves a 15.53% return, which is significantly higher than DHS.L's 14.25% return. Over the past 10 years, DEMD.L has underperformed DHS.L with an annualized return of 8.84%, while DHS.L has yielded a comparatively higher 9.50% annualized return.
DEMD.L
- 1D
- -1.10%
- 1M
- -3.70%
- 6M
- 12.00%
- YTD
- 15.53%
- 1Y
- 20.60%
- 3Y*
- 16.38%
- 5Y*
- 9.92%
- 10Y*
- 8.84%
DHS.L
- 1D
- 0.89%
- 1M
- 4.22%
- 6M
- 10.34%
- YTD
- 14.25%
- 1Y
- 25.64%
- 3Y*
- 17.92%
- 5Y*
- 12.27%
- 10Y*
- 9.50%
DEMD.L vs. DHS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEMD.L WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist) | 15.53% | 20.91% | 5.26% | 21.17% | -12.75% | 13.36% | -6.14% | 18.40% | -7.50% | 25.04% |
DHS.L WisdomTree US High Dividend UCITS ETF USD (Dist) | 14.25% | 12.68% | 18.37% | 1.05% | 7.10% | 24.48% | -4.81% | 23.62% | -8.36% | 10.96% |
Correlation
The correlation between DEMD.L and DHS.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2014 | 0.47 |
Over the past year, the correlation between DEMD.L and DHS.L has dropped to 0.24 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
DEMD.L vs. DHS.L — Risk / Return Rank
DEMD.L
DHS.L
DEMD.L vs. DHS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist) (DEMD.L) and WisdomTree US High Dividend UCITS ETF USD (Dist) (DHS.L). 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.
| DEMD.L | DHS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.40 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 3.15 | -0.46 |
| Martin ratioReturn relative to average drawdown | 8.01 | 10.15 | -2.15 |
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Drawdowns
DEMD.L vs. DHS.L - Drawdown Comparison
The maximum DEMD.L drawdown since its inception was -40.46%, roughly equal to the maximum DHS.L drawdown of -41.19%. Use the drawdown chart below to compare losses from any high point for DEMD.L and DHS.L.
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Drawdown Indicators
| DEMD.L | DHS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.46% | -41.19% | +0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -7.63% | -8.11% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -14.59% | -15.88% | +1.29% |
Max Drawdown (5Y)Largest decline over 5 years | -27.69% | -15.88% | -11.81% |
Max Drawdown (10Y)Largest decline over 10 years | -37.40% | -36.89% | -0.51% |
Current DrawdownCurrent decline from peak | -4.71% | 0.00% | -4.71% |
Average DrawdownAverage peak-to-trough decline | -10.04% | -13.75% | +3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 2.52% | +0.05% |
Volatility
DEMD.L vs. DHS.L - Volatility Comparison
WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist) (DEMD.L) has a higher volatility of 4.59% compared to WisdomTree US High Dividend UCITS ETF USD (Dist) (DHS.L) at 2.58%. This indicates that DEMD.L's price experiences larger fluctuations and is considered to be riskier than DHS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEMD.L | DHS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 2.58% | +2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 12.06% | 8.09% | +3.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.25% | 10.72% | +3.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.06% | 14.66% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 15.39% | +1.28% |
DEMD.L vs. DHS.L - Expense Ratio Comparison
DEMD.L has a 0.46% expense ratio, which is higher than DHS.L's 0.29% expense ratio.
Dividends
DEMD.L vs. DHS.L - Dividend Comparison
DEMD.L's dividend yield for the trailing twelve months is around 3.72%, more than DHS.L's 2.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEMD.L WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist) | 3.72% | 4.42% | 7.88% | 6.68% | 7.48% | 4.20% | 4.51% | 4.13% | 4.39% | 1.98% | 1.68% | 4.75% |
DHS.L WisdomTree US High Dividend UCITS ETF USD (Dist) | 2.58% | 2.89% | 5.19% | 5.19% | 2.83% | 2.87% | 5.63% | 4.86% | 3.06% | 2.70% | 2.51% | 2.46% |
Frequently Asked Questions
DEMD.L and DHS.L have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DHS.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DHS.L is cheaper with a 0.29% expense ratio, compared with 0.46% for DEMD.L.
DEMD.L is categorized as Emerging Markets Equities, while DHS.L is Dividend. DEMD.L tracks WisdomTree Emerging Markets High Dividend UCITS Index, while DHS.L tracks WisdomTree US High Dividend UCITS Index. Their fees differ too: 0.46% for DEMD.L and 0.29% for DHS.L.
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