DEMD.L vs. EMVL.L
DEMD.L (WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist)) and EMVL.L (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) are both Emerging Markets Equities funds - DEMD.L tracks the WisdomTree Emerging Markets High Dividend UCITS Index while EMVL.L tracks the MSCI EM NR USD. Both are passively managed. Over the past 5 years, DEMD.L returned 10.01%/yr vs 15.16%/yr for EMVL.L. Their correlation of 0.89 suggests significant overlap in exposure. DEMD.L charges 0.46%/yr vs 0.40%/yr for EMVL.L.
Performance
DEMD.L vs. EMVL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DEMD.L achieves a 15.99% return, which is significantly lower than EMVL.L's 31.45% return.
DEMD.L
- 1D
- -0.71%
- 1M
- -4.33%
- 6M
- 13.70%
- YTD
- 15.99%
- 1Y
- 21.23%
- 3Y*
- 16.53%
- 5Y*
- 10.01%
- 10Y*
- 8.89%
EMVL.L
- 1D
- -1.18%
- 1M
- -9.38%
- 6M
- 23.78%
- YTD
- 31.45%
- 1Y
- 56.66%
- 3Y*
- 31.82%
- 5Y*
- 15.16%
- 10Y*
- —
DEMD.L vs. EMVL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DEMD.L WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist) | 15.99% | 20.91% | 5.26% | 21.17% | -12.75% | 13.36% | -6.14% | 18.40% | -1.66% |
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 31.45% | 43.13% | 14.49% | 18.37% | -16.29% | 5.29% | 7.72% | 17.64% | -2.10% |
Correlation
The correlation between DEMD.L and EMVL.L is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2018 | 0.89 |
The correlation between DEMD.L and EMVL.L shifts across timeframes, from 0.78 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DEMD.L vs. EMVL.L — Risk / Return Rank
DEMD.L
EMVL.L
DEMD.L vs. EMVL.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 iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.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 | EMVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.41 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 4.51 | -1.76 |
| Martin ratioReturn relative to average drawdown | 8.20 | 12.55 | -4.35 |
Loading charts...
Drawdowns
DEMD.L vs. EMVL.L - Drawdown Comparison
The maximum DEMD.L drawdown since its inception was -40.46%, which is greater than EMVL.L's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for DEMD.L and EMVL.L.
Loading charts...
Drawdown Indicators
| DEMD.L | EMVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.46% | -34.95% | -5.51% |
Max Drawdown (1Y)Largest decline over 1 year | -7.63% | -12.49% | +4.86% |
Max Drawdown (3Y)Largest decline over 3 years | -14.59% | -16.42% | +1.83% |
Max Drawdown (5Y)Largest decline over 5 years | -27.69% | -31.61% | +3.92% |
Max Drawdown (10Y)Largest decline over 10 years | -37.40% | — | — |
Current DrawdownCurrent decline from peak | -4.33% | -12.45% | +8.12% |
Average DrawdownAverage peak-to-trough decline | -10.04% | -9.51% | -0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 4.50% | -1.94% |
Volatility
DEMD.L vs. EMVL.L - Volatility Comparison
The current volatility for WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist) (DEMD.L) is 4.52%, while iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L) has a volatility of 10.34%. This indicates that DEMD.L experiences smaller price fluctuations and is considered to be less risky than EMVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DEMD.L | EMVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 10.34% | -5.82% |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | 21.31% | -9.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.23% | 23.82% | -9.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.05% | 20.71% | -5.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 21.39% | -4.72% |
DEMD.L vs. EMVL.L - Expense Ratio Comparison
DEMD.L has a 0.46% expense ratio, which is higher than EMVL.L's 0.40% expense ratio.
Dividends
DEMD.L vs. EMVL.L - Dividend Comparison
DEMD.L's dividend yield for the trailing twelve months is around 3.70%, while EMVL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEMD.L WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist) | 3.70% | 4.42% | 7.88% | 6.68% | 7.48% | 4.20% | 4.51% | 4.13% | 4.39% | 1.98% | 1.68% | 4.75% |
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DEMD.L and EMVL.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMVL.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMVL.L is cheaper with a 0.40% expense ratio, compared with 0.46% for DEMD.L.
DEMD.L tracks WisdomTree Emerging Markets High Dividend UCITS Index, while EMVL.L tracks MSCI EM NR USD. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.46% for DEMD.L and 0.40% for EMVL.L.
Find the right allocation for DEMD.L and EMVL.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer