DGRE vs. XCEM

Last updated Jun 4, 2026

DGRE (WisdomTree Emerging Markets Quality Dividend Growth Fund) and XCEM (Columbia EM Core ex-China ETF) are both Emerging Markets Equities funds. DGRE is actively managed, while XCEM is passively managed. Over the past 10 years, DGRE returned 9.71%/yr vs 12.99%/yr for XCEM. A 0.77 correlation means they provide meaningful diversification when combined. DGRE charges 0.32%/yr vs 0.16%/yr for XCEM.

Performance

DGRE vs. XCEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and Columbia EM Core ex-China ETF (XCEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGRE achieves a 31.30% return, which is significantly lower than XCEM's 38.32% return. Over the past 10 years, DGRE has underperformed XCEM with an annualized return of 9.71%, while XCEM has yielded a comparatively higher 12.99% annualized return.

DGRE

• 1D: -0.94%
• 1M: 8.34%
• YTD: 31.30%
• 6M: 36.66%
• 1Y: 58.03%
• 3Y*: 24.56%
• 5Y*: 8.61%
• 10Y*: 9.71%

XCEM

• 1D: -1.25%
• 1M: 12.13%
• YTD: 38.32%
• 6M: 44.13%
• 1Y: 71.14%
• 3Y*: 26.37%
• 5Y*: 11.95%
• 10Y*: 12.99%

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

DGRE vs. XCEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	31.30%	27.47%	3.63%	18.46%	-21.86%	2.55%	10.85%	21.12%	-16.36%	33.61%
XCEM Columbia EM Core ex-China ETF	38.32%	34.05%	0.42%	19.96%	-17.59%	7.87%	9.47%	19.74%	-11.75%	34.78%

Correlation

The correlation between DGRE and XCEM is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Sep 3, 2015	0.77

The correlation between DGRE and XCEM shifts across timeframes, from 0.77 (all time) to 0.96 (1 year), reflecting how their relationship changes across market environments.

DGRE vs. XCEM - Sectors Allocation Comparison

Sectors	DGRE	XCEM
Technology	38.6%	1.1%
Financial Services	11.8%	7.7%
Industrials	7.8%	0.4%
Basic Materials	4.4%	0.7%
Consumer Cyclical	2.7%	1.1%
Healthcare	2.6%	0.1%
Consumer Defensive	2.3%	0.3%
Energy	1.1%	0.2%
Utilities	0.9%	1.9%
Communication Services	0.8%	4.2%
Real Estate	0.3%	0.0%

Return for Risk

DGRE vs. XCEM — Risk / Return Rank

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

DGRE

DGRE Risk / Return Rank: 84
DGRE Sharpe Ratio Rank: 87
DGRE Sortino Ratio Rank: 82
DGRE Omega Ratio Rank: 85
DGRE Calmar Ratio Rank: 81
DGRE Martin Ratio Rank: 84

XCEM

XCEM Risk / Return Rank: 90
XCEM Sharpe Ratio Rank: 92
XCEM Sortino Ratio Rank: 90
XCEM Omega Ratio Rank: 91
XCEM Calmar Ratio Rank: 87
XCEM Martin Ratio Rank: 89

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.

DGRE vs. XCEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and Columbia EM Core ex-China ETF (XCEM). 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.

	DGRE	XCEM	Difference
Sharpe ratio: Return per unit of total volatility	2.91	3.42	-0.52
Sortino ratio: Return per unit of downside risk	3.72	4.27	-0.55
Omega ratio: Gain probability vs. loss probability	1.52	1.61	-0.09
Calmar ratio: Return relative to maximum drawdown	4.26	4.95	-0.68
Martin ratio: Return relative to average drawdown	17.40	19.98	-2.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DGRE vs. XCEM - Sharpe Ratio Comparison

The current DGRE Sharpe Ratio is 2.91, which is comparable to the XCEM Sharpe Ratio of 3.42. The chart below compares the historical Sharpe Ratios of DGRE and XCEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DGRE	XCEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.91	3.42	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.68	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.66	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.63	-0.31

Drawdowns

DGRE vs. XCEM - Drawdown Comparison

The maximum DGRE drawdown since its inception was -36.95%, smaller than the maximum XCEM drawdown of -41.24%. Use the drawdown chart below to compare losses from any high point for DGRE and XCEM.

Drawdown Indicators

	DGRE	XCEM	Difference
Max Drawdown Largest peak-to-trough decline	-36.95%	-41.24%	+4.29%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-14.46%	+0.78%
Max Drawdown (3Y) Largest decline over 3 years	-20.65%	-18.92%	-1.73%
Max Drawdown (5Y) Largest decline over 5 years	-34.82%	-29.67%	-5.15%
Max Drawdown (10Y) Largest decline over 10 years	-36.95%	-41.24%	+4.29%
Current Drawdown Current decline from peak	-0.94%	-1.25%	+0.31%
Average Drawdown Average peak-to-trough decline	-12.00%	-8.59%	-3.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	3.57%	-0.23%

Volatility

DGRE vs. XCEM - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) is 8.88%, while Columbia EM Core ex-China ETF (XCEM) has a volatility of 9.43%. This indicates that DGRE experiences smaller price fluctuations and is considered to be less risky than XCEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRE	XCEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.88%	9.43%	-0.55%
Volatility (6M) Calculated over the trailing 6-month period	17.97%	18.72%	-0.75%
Volatility (1Y) Calculated over the trailing 1-year period	20.08%	20.89%	-0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.11%	17.75%	+0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.64%	19.72%	-0.08%

DGRE vs. XCEM - Expense Ratio Comparison

DGRE has a 0.32% expense ratio, which is higher than XCEM's 0.16% expense ratio.

Dividends

DGRE vs. XCEM - Dividend Comparison

DGRE's dividend yield for the trailing twelve months is around 1.18%, less than XCEM's 2.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	1.18%	1.65%	1.90%	2.22%	4.38%	2.56%	2.11%	2.32%	2.71%	3.12%	3.18%	3.01%
XCEM Columbia EM Core ex-China ETF	2.35%	3.25%	2.76%	1.22%	2.42%	1.94%	1.63%	2.11%	2.70%	9.56%	1.24%	2.63%

Frequently Asked Questions

Can I hold both DGRE and XCEM in my portfolio?

With a correlation of 0.96, DGRE and XCEM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DGRE or XCEM?

XCEM has higher volatility (9.43%) compared to DGRE (8.88%). In terms of maximum drawdown, DGRE dropped -36.95% vs XCEM's -41.24%.

Which ETF is better, DGRE or XCEM?

On 10-year performance, XCEM leads with 12.99% vs 9.71% for DGRE. On fees, XCEM is cheaper at 0.16% per year. On volatility, DGRE has been the lower-risk option at 8.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRE or XCEM?

Over the 10-year period, XCEM has performed better with a 12.99% return vs 9.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRE or XCEM?

XCEM is cheaper with a 0.16% expense ratio, compared with 0.32% for DGRE.

Which ETF pays a higher dividend yield, DGRE or XCEM?

XCEM has the higher dividend yield at 2.35%, compared with 1.18% for DGRE.

What is the main difference between DGRE and XCEM?

They also come from different issuers: WisdomTree and Ameriprise Financial. Their fees differ too: 0.32% for DGRE and 0.16% for XCEM.

Which has better risk-adjusted returns?

XCEM currently has the higher Sharpe Ratio (3.42 vs 2.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.