DEMS.L vs. EMHD.L

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Emerging Markets Equity Income UCITS ETF Acc (DEMS.L) and Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF Dist (EMHD.L).

DEMS.L and EMHD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DEMS.L is a passively managed fund by WisdomTree that tracks the performance of the MSCI EM NR USD. It was launched on Nov 2, 2016. EMHD.L is a passively managed fund by Invesco that tracks the performance of the FTSE Emerging High Dividend Low Volatility Net Tax Index. It was launched on May 27, 2016. Both DEMS.L and EMHD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DEMS.L vs. EMHD.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 Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF Dist (EMHD.L). The values are adjusted to include any dividend payments, if applicable.

DEMS.L vs. EMHD.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	6.80%	12.50%	7.08%	14.64%	-2.59%	15.41%	-9.66%	14.70%	-2.61%	15.25%
EMHD.L Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF Dist	11.86%	17.89%	4.06%	5.34%	-7.42%	14.77%	-9.59%	10.66%	-0.87%	14.49%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, DEMS.L achieves a 6.80% return, which is significantly lower than EMHD.L's 11.86% return.

DEMS.L

• 1D: 1.12%
• 1M: -1.84%
• YTD: 6.80%
• 6M: 9.93%
• 1Y: 18.19%
• 3Y*: 12.72%
• 5Y*: 9.13%
• 10Y*: —

EMHD.L

• 1D: 2.08%
• 1M: 0.45%
• YTD: 11.86%
• 6M: 18.57%
• 1Y: 29.13%
• 3Y*: 13.04%
• 5Y*: 7.74%
• 10Y*: —

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

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

DEMS.L has a 0.46% expense ratio, which is lower than EMHD.L's 0.49% expense ratio.

EMHD.L

Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF Dist

DEMS.L

WisdomTree Emerging Markets Equity Income UCITS ETF Acc

Return for Risk

DEMS.L vs. EMHD.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: 73
DEMS.L Sharpe Ratio Rank: 73
DEMS.L Sortino Ratio Rank: 70
DEMS.L Omega Ratio Rank: 69
DEMS.L Calmar Ratio Rank: 75
DEMS.L Martin Ratio Rank: 77

EMHD.L

EMHD.L Risk / Return Rank: 93
EMHD.L Sharpe Ratio Rank: 94
EMHD.L Sortino Ratio Rank: 95
EMHD.L Omega Ratio Rank: 93
EMHD.L Calmar Ratio Rank: 93
EMHD.L Martin Ratio Rank: 94

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. EMHD.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 Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF Dist (EMHD.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.

	DEMS.L	EMHD.L	Difference
Sharpe ratio Return per unit of total volatility	1.39	2.30	-0.91
Sortino ratio Return per unit of downside risk	1.85	3.12	-1.27
Omega ratio Gain probability vs. loss probability	1.27	1.41	-0.14
Calmar ratio Return relative to maximum drawdown	2.26	4.46	-2.20
Martin ratio Return relative to average drawdown	9.17	14.59	-5.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current DEMS.L Sharpe Ratio is 1.39, which is lower than the EMHD.L Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of DEMS.L and EMHD.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DEMS.L	EMHD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	2.30	-0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.55	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.52	-0.05

Correlation

The correlation between DEMS.L and EMHD.L is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DEMS.L vs. EMHD.L - Dividend Comparison

DEMS.L has not paid dividends to shareholders, while EMHD.L's dividend yield for the trailing twelve months is around 4.81%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DEMS.L WisdomTree Emerging Markets Equity Income UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EMHD.L Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF Dist	4.81%	5.17%	5.78%	5.99%	9.02%	6.08%	4.02%	5.04%	5.51%	4.92%	2.37%

Drawdowns

DEMS.L vs. EMHD.L - Drawdown Comparison

The maximum DEMS.L drawdown since its inception was -29.57%, smaller than the maximum EMHD.L drawdown of -32.35%. Use the drawdown chart below to compare losses from any high point for DEMS.L and EMHD.L.

Drawdown Indicators

	DEMS.L	EMHD.L	Difference
Max Drawdown Largest peak-to-trough decline	-29.57%	-38.32%	+8.75%
Max Drawdown (1Y) Largest decline over 1 year	-10.56%	-8.77%	-1.79%
Max Drawdown (5Y) Largest decline over 5 years	-14.79%	-30.43%	+15.64%
Current Drawdown Current decline from peak	-3.12%	-2.19%	-0.93%
Average Drawdown Average peak-to-trough decline	-5.09%	-9.88%	+4.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	2.15%	-0.12%

Volatility

DEMS.L vs. EMHD.L - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Equity Income UCITS ETF Acc (DEMS.L) is 4.35%, while Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF Dist (EMHD.L) has a volatility of 5.00%. This indicates that DEMS.L experiences smaller price fluctuations and is considered to be less risky than EMHD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEMS.L	EMHD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	5.00%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	8.72%	9.15%	-0.43%
Volatility (1Y) Calculated over the trailing 1-year period	13.02%	12.63%	+0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.81%	14.15%	-1.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	16.76%	-1.09%