DEMD.L vs. GINC.L
DEMD.L (WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist)) and GINC.L (First Trust Global Equity Income 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 GINC.L is a Global Equity Income fund tracking the Nasdaq Global High Equity Income NTR Index. Both are passively managed. Over the past 5 years, DEMD.L returned 9.72%/yr vs 12.44%/yr for GINC.L. A 0.72 correlation means they provide meaningful diversification when combined. DEMD.L charges 0.46%/yr vs 0.60%/yr for GINC.L.
Performance
DEMD.L vs. GINC.L - Performance Comparison
Loading charts...
Different Trading Currencies
DEMD.L is traded in USD, while GINC.L is traded in GBp. To make them comparable, the GINC.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 14.50% return, which is significantly higher than GINC.L's 13.77% return.
DEMD.L
- 1D
- -0.90%
- 1M
- -5.33%
- 6M
- 11.97%
- YTD
- 14.50%
- 1Y
- 19.01%
- 3Y*
- 15.89%
- 5Y*
- 9.72%
- 10Y*
- 8.82%
GINC.L
- 1D
- 0.21%
- 1M
- 2.77%
- 6M
- 11.51%
- YTD
- 13.77%
- 1Y
- 29.43%
- 3Y*
- 21.03%
- 5Y*
- 12.44%
- 10Y*
- —
DEMD.L vs. GINC.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) | 14.50% | 20.91% | 5.26% | 21.17% | -12.75% | 13.36% | -6.14% | 18.40% | -7.50% | 25.04% |
GINC.L First Trust Global Equity Income UCITS ETF USD (Dist) | 13.77% | 40.15% | 4.79% | 16.46% | -7.08% | 9.86% | -6.14% | 15.57% | -11.44% | 22.39% |
Correlation
The correlation between DEMD.L and GINC.L is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2016 | 0.72 |
The correlation between DEMD.L and GINC.L shifts across timeframes, from 0.57 (1 year) to 0.73 (5 years), 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. GINC.L — Risk / Return Rank
DEMD.L
GINC.L
DEMD.L vs. GINC.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 First Trust Global Equity Income UCITS ETF USD (Dist) (GINC.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 | GINC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.44 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 4.37 | -1.89 |
| Martin ratioReturn relative to average drawdown | 7.32 | 13.54 | -6.22 |
Loading charts...
Drawdowns
DEMD.L vs. GINC.L - Drawdown Comparison
The maximum DEMD.L drawdown since its inception was -40.46%, roughly equal to the maximum GINC.L drawdown of -40.05%. Use the drawdown chart below to compare losses from any high point for DEMD.L and GINC.L.
Loading charts...
Drawdown Indicators
| DEMD.L | GINC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.46% | -40.05% | -0.41% |
Max Drawdown (1Y)Largest decline over 1 year | -7.63% | -6.71% | -0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -14.59% | -13.64% | -0.95% |
Max Drawdown (5Y)Largest decline over 5 years | -27.69% | -26.74% | -0.95% |
Max Drawdown (10Y)Largest decline over 10 years | -37.40% | — | — |
Current DrawdownCurrent decline from peak | -5.56% | 0.00% | -5.56% |
Average DrawdownAverage peak-to-trough decline | -10.04% | -8.08% | -1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 2.17% | +0.42% |
Volatility
DEMD.L vs. GINC.L - Volatility Comparison
WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist) (DEMD.L) has a higher volatility of 4.64% compared to First Trust Global Equity Income UCITS ETF USD (Dist) (GINC.L) at 2.24%. This indicates that DEMD.L's price experiences larger fluctuations and is considered to be riskier than GINC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DEMD.L | GINC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 2.24% | +2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 12.07% | 9.19% | +2.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.29% | 11.84% | +2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.06% | 15.15% | -0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 16.99% | -0.32% |
DEMD.L vs. GINC.L - Expense Ratio Comparison
DEMD.L has a 0.46% expense ratio, which is lower than GINC.L's 0.60% expense ratio.
Dividends
DEMD.L vs. GINC.L - Dividend Comparison
DEMD.L's dividend yield for the trailing twelve months is around 3.75%, more than GINC.L's 3.34% 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) | 3.75% | 4.42% | 7.88% | 6.68% | 7.48% | 4.20% | 4.51% | 4.13% | 4.39% | 1.98% | 1.68% | 4.75% |
GINC.L First Trust Global Equity Income UCITS ETF USD (Dist) | 3.34% | 3.67% | 4.33% | 5.62% | 5.35% | 3.84% | 3.47% | 3.95% | 3.66% | 3.20% | 0.00% | 0.00% |
Frequently Asked Questions
DEMD.L and GINC.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DEMD.L is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DEMD.L is cheaper with a 0.46% expense ratio, compared with 0.60% for GINC.L.
DEMD.L is categorized as Emerging Markets Equities, while GINC.L is Global Equity Income. DEMD.L tracks WisdomTree Emerging Markets High Dividend UCITS Index, while GINC.L tracks Nasdaq Global High Equity Income NTR Index. They also come from different issuers: WisdomTree and First Trust. Their fees differ too: 0.46% for DEMD.L and 0.60% for GINC.L.
Find the right allocation for DEMD.L and GINC.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