DEMS.L vs. DEMR.L

Last updated Jun 26, 2026

DEMS.L (WisdomTree Emerging Markets Equity Income UCITS ETF Acc) and DEMR.L (WisdomTree Emerging Markets Equity Income UCITS ETF) are both Emerging Markets Equities funds from WisdomTree - DEMS.L tracks the MSCI EM NR USD while DEMR.L tracks the WisdomTree Emerging Markets High Dividend Index. Both are passively managed. Over the past 5 years, DEMS.L returned 10.98%/yr vs 10.94%/yr for DEMR.L. Their correlation of 0.86 suggests significant overlap in exposure. Both charge a 0.46% expense ratio.

Performance

DEMS.L vs. DEMR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Emerging Markets Equity Income UCITS ETF Acc (DEMS.L) and WisdomTree Emerging Markets Equity Income UCITS ETF (DEMR.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DEMS.L is traded in GBp, while DEMR.L is traded in USD. To make them comparable, the DEMR.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with DEMS.L having a 19.21% return and DEMR.L slightly higher at 19.47%.

DEMS.L

• 1D: -0.53%
• 1M: 1.04%
• YTD: 19.21%
• 6M: 19.57%
• 1Y: 29.11%
• 3Y*: 16.55%
• 5Y*: 10.98%
• 10Y*: —

DEMR.L

• 1D: -0.25%
• 1M: 0.97%
• YTD: 19.47%
• 6M: 19.65%
• 1Y: 28.43%
• 3Y*: 16.55%
• 5Y*: 10.94%
• 10Y*: —

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

DEMS.L vs. DEMR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEMS.L WisdomTree Emerging Markets Equity Income UCITS ETF Acc	19.21%	12.50%	7.08%	14.64%	-2.59%	15.41%	-9.66%	14.70%	2.60%	9.40%
DEMR.L WisdomTree Emerging Markets Equity Income UCITS ETF	19.47%	12.02%	7.26%	15.34%	-2.72%	15.04%	-9.21%	13.90%	-2.47%	15.61%

Correlation

The correlation between DEMS.L and DEMR.L is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Nov 2, 2016	0.86

The correlation between DEMS.L and DEMR.L has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

DEMS.L vs. DEMR.L - Sectors Allocation Comparison

Sectors	DEMS.L	DEMR.L
Financial Services	24.6%	23.8%
Technology	22.0%	22.9%
Industrials	11.1%	10.9%
Consumer Defensive	8.2%	8.3%
Consumer Cyclical	8.1%	8.0%
Basic Materials	5.9%	5.9%
Communication Services	5.1%	5.2%
Real Estate	4.6%	4.6%
Energy	4.5%	4.5%
Utilities	4.1%	4.2%
Healthcare	1.7%	1.8%

Return for Risk

DEMS.L vs. DEMR.L — Risk / Return Rank

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

DEMS.L

DEMS.L Risk / Return Rank: 86
DEMS.L Sharpe Ratio Rank: 87
DEMS.L Sortino Ratio Rank: 86
DEMS.L Omega Ratio Rank: 84
DEMS.L Calmar Ratio Rank: 87
DEMS.L Martin Ratio Rank: 85

DEMR.L

DEMR.L Risk / Return Rank: 60
DEMR.L Sharpe Ratio Rank: 57
DEMR.L Sortino Ratio Rank: 57
DEMR.L Omega Ratio Rank: 54
DEMR.L Calmar Ratio Rank: 72
DEMR.L Martin Ratio Rank: 62

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.

DEMS.L vs. DEMR.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income UCITS ETF Acc (DEMS.L) and WisdomTree Emerging Markets Equity Income UCITS ETF (DEMR.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.

	DEMS.L	DEMR.L	Difference
Sharpe ratio: Return per unit of total volatility	2.48	2.12	+0.36
Sortino ratio: Return per unit of downside risk	3.39	2.95	+0.44
Omega ratio: Gain probability vs. loss probability	1.44	1.38	+0.06
Calmar ratio: Return relative to maximum drawdown	4.48	4.18	+0.30
Martin ratio: Return relative to average drawdown	15.52	14.46	+1.06

DEMS.L vs. DEMR.L - Sharpe Ratio Comparison

The current DEMS.L Sharpe Ratio is 2.48, which is comparable to the DEMR.L Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of DEMS.L and DEMR.L, 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

DEMS.L vs. DEMR.L - Drawdown Comparison

The maximum DEMS.L drawdown since its inception was -30.94%, which is greater than DEMR.L's maximum drawdown of -29.06%. Use the drawdown chart below to compare losses from any high point for DEMS.L and DEMR.L.

Drawdown Indicators

	DEMS.L	DEMR.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.94%	-29.06%	-1.88%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-6.77%	+0.30%
Max Drawdown (3Y) Largest decline over 3 years	-12.88%	-13.17%	+0.29%
Max Drawdown (5Y) Largest decline over 5 years	-14.79%	-14.67%	-0.12%
Current Drawdown Current decline from peak	-2.47%	-2.62%	+0.15%
Average Drawdown Average peak-to-trough decline	-9.10%	-5.11%	-3.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	1.96%	-0.09%

Volatility

DEMS.L vs. DEMR.L - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Equity Income UCITS ETF Acc (DEMS.L) is 4.27%, while WisdomTree Emerging Markets Equity Income UCITS ETF (DEMR.L) has a volatility of 4.92%. This indicates that DEMS.L experiences smaller price fluctuations and is considered to be less risky than DEMR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEMS.L	DEMR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.27%	4.92%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	9.45%	10.93%	-1.48%
Volatility (1Y) Calculated over the trailing 1-year period	11.75%	13.36%	-1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.85%	13.97%	-1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.96%	16.53%	+3.43%

DEMS.L vs. DEMR.L - Expense Ratio Comparison

Both DEMS.L and DEMR.L have an expense ratio of 0.46%.

Dividends

DEMS.L vs. DEMR.L - Dividend Comparison

Neither DEMS.L nor DEMR.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DEMS.L and DEMR.L in my portfolio?

DEMS.L and DEMR.L have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DEMS.L or DEMR.L?

Both ETFs have the same 0.46% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DEMS.L or DEMR.L?

DEMS.L and DEMR.L have the same expense ratio: 0.46% per year.

What is the main difference between DEMS.L and DEMR.L?

DEMS.L tracks MSCI EM NR USD, while DEMR.L tracks WisdomTree Emerging Markets High Dividend Index.