DEMD.L vs. IUVF.L
DEMD.L (WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist)) and IUVF.L (iShares Edge MSCI USA Value Factor UCITS) are both exchange-traded funds - DEMD.L is a Emerging Markets Equities fund tracking the WisdomTree Emerging Markets High Dividend UCITS Index, while IUVF.L is a Large Cap Value Equities fund tracking the Russell 1000 Value TR USD. Both are passively managed. Over the past 5 years, DEMD.L returned 9.92%/yr vs 15.62%/yr for IUVF.L. A 0.54 correlation means they provide meaningful diversification when combined. DEMD.L charges 0.46%/yr vs 0.20%/yr for IUVF.L.
Performance
DEMD.L vs. IUVF.L - Performance Comparison
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Different Trading Currencies
DEMD.L is traded in USD, while IUVF.L is traded in GBp. To make them comparable, the IUVF.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 lower than IUVF.L's 38.92% 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%
IUVF.L
- 1D
- -0.10%
- 1M
- -4.03%
- 6M
- 32.77%
- YTD
- 38.92%
- 1Y
- 70.10%
- 3Y*
- 28.54%
- 5Y*
- 15.62%
- 10Y*
- —
DEMD.L vs. IUVF.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% |
IUVF.L iShares Edge MSCI USA Value Factor UCITS | 38.92% | 33.27% | 6.43% | 13.99% | -14.83% | 30.10% | -1.83% | 27.01% | -12.42% | 21.44% |
Correlation
The correlation between DEMD.L and IUVF.L is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2016 | 0.54 |
The correlation between DEMD.L and IUVF.L has been stable across timeframes, ranging from 0.54 to 0.60 - a consistent structural relationship.
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Return for Risk
DEMD.L vs. IUVF.L — Risk / Return Rank
DEMD.L
IUVF.L
DEMD.L vs. IUVF.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 USA Value Factor UCITS (IUVF.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 | IUVF.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.43 | ||
| Sortino ratioReturn per unit of downside risk | -3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.65 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 9.03 | -6.34 |
| Martin ratioReturn relative to average drawdown | 8.01 | 30.57 | -22.56 |
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Drawdowns
DEMD.L vs. IUVF.L - Drawdown Comparison
The maximum DEMD.L drawdown since its inception was -40.46%, roughly equal to the maximum IUVF.L drawdown of -39.29%. Use the drawdown chart below to compare losses from any high point for DEMD.L and IUVF.L.
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Drawdown Indicators
| DEMD.L | IUVF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.46% | -39.29% | -1.17% |
Max Drawdown (1Y)Largest decline over 1 year | -7.63% | -7.73% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -14.59% | -18.56% | +3.97% |
Max Drawdown (5Y)Largest decline over 5 years | -27.69% | -27.00% | -0.69% |
Max Drawdown (10Y)Largest decline over 10 years | -37.40% | — | — |
Current DrawdownCurrent decline from peak | -4.71% | -6.76% | +2.05% |
Average DrawdownAverage peak-to-trough decline | -10.04% | -7.34% | -2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 2.29% | +0.28% |
Volatility
DEMD.L vs. IUVF.L - Volatility Comparison
The current volatility for WisdomTree Emerging Markets High Dividend UCITS ETF USD (Dist) (DEMD.L) is 4.59%, while iShares Edge MSCI USA Value Factor UCITS (IUVF.L) has a volatility of 7.59%. This indicates that DEMD.L experiences smaller price fluctuations and is considered to be less risky than IUVF.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 | IUVF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 7.59% | -3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 12.06% | 15.52% | -3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.25% | 18.07% | -3.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.06% | 17.82% | -2.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 19.07% | -2.40% |
DEMD.L vs. IUVF.L - Expense Ratio Comparison
DEMD.L has a 0.46% expense ratio, which is higher than IUVF.L's 0.20% expense ratio.
Dividends
DEMD.L vs. IUVF.L - Dividend Comparison
DEMD.L's dividend yield for the trailing twelve months is around 3.72%, while IUVF.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) | 3.72% | 4.42% | 7.88% | 6.68% | 7.48% | 4.20% | 4.51% | 4.13% | 4.39% | 1.98% | 1.68% | 4.75% |
IUVF.L iShares Edge MSCI USA Value Factor UCITS | 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 IUVF.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUVF.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUVF.L is cheaper with a 0.20% expense ratio, compared with 0.46% for DEMD.L.
DEMD.L is categorized as Emerging Markets Equities, while IUVF.L is Large Cap Value Equities. DEMD.L tracks WisdomTree Emerging Markets High Dividend UCITS Index, while IUVF.L tracks Russell 1000 Value TR USD. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.46% for DEMD.L and 0.20% for IUVF.L.
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