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DGS vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

DGS vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DGS achieves a 8.98% return, which is significantly higher than BTC-USD's -25.13% return. Over the past 10 years, DGS has underperformed BTC-USD with an annualized return of 8.34%, while BTC-USD has yielded a comparatively higher 58.50% annualized return.


DGS

1D
-1.07%
1M
-6.46%
6M
5.11%
YTD
8.98%
1Y
13.93%
3Y*
12.27%
5Y*
6.87%
10Y*
8.34%
ALL TIME*
4.68%

BTC-USD

1D
1.28%
1M
2.00%
6M
-29.23%
YTD
-25.13%
1Y
-44.16%
3Y*
29.87%
5Y*
15.31%
10Y*
58.50%
ALL TIME*
89.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DGS vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DGS
WisdomTree Emerging Markets SmallCap Dividend Fund
8.98%21.18%1.13%19.08%-12.35%15.33%4.06%18.90%-16.52%37.47%
BTC-USD
Bitcoin
-25.13%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

Correlation

The correlation between DGS and BTC-USD is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.33

Correlation (3Y)
Calculated over the trailing 3-year period

0.22

Correlation (5Y)
Calculated over the trailing 5-year period

0.26

Correlation (10Y)
Calculated over the trailing 10-year period

0.16

Correlation (All Time)
Calculated using the full available price history since Nov 4, 2012

0.10

Over the past year, DGS and BTC-USD have become more correlated (0.33) than their long-term average of 0.10, meaning their price movements have been converging.

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Return for Risk

DGS vs. BTC-USD — Risk / Return Rank

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

DGS
DGS Risk / Return Rank: 3232
Overall Rank
DGS Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
DGS Sortino Ratio Rank: 2828
Sortino Ratio Rank
DGS Omega Ratio Rank: 2929
Omega Ratio Rank
DGS Calmar Ratio Rank: 3636
Calmar Ratio Rank
DGS Martin Ratio Rank: 3838
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 4040
Overall Rank
BTC-USD Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 4545
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 4545
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 6161
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 3030
Martin Ratio Rank
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.

DGS vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) and Bitcoin (BTC-USD). 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.


DGSBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+1.84

Sortino ratioReturn per unit of downside risk

+2.72

Omega ratioGain probability vs. loss probability

1.16

0.85

+0.31

Calmar ratioReturn relative to maximum drawdown

1.39

-0.83

+2.22

Martin ratioReturn relative to average drawdown

4.39

-1.32

+5.72

DGS vs. BTC-USD - Sharpe Ratio Comparison

The current DGS Sharpe Ratio is 0.81, which is higher than the BTC-USD Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of DGS and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

DGS vs. BTC-USD - Drawdown Comparison

The maximum DGS drawdown since its inception was -61.83%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for DGS and BTC-USD.


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Drawdown Indicators


DGSBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-61.83%

-85.30%

+23.47%

Max Drawdown (1Y)

Largest decline over 1 year

-10.06%

-53.08%

+43.02%

Max Drawdown (3Y)

Largest decline over 3 years

-19.31%

-53.08%

+33.77%

Max Drawdown (5Y)

Largest decline over 5 years

-24.86%

-76.67%

+51.81%

Max Drawdown (10Y)

Largest decline over 10 years

-44.08%

-83.80%

+39.72%

Current Drawdown

Current decline from peak

-6.64%

-47.48%

+40.84%

Average Drawdown

Average peak-to-trough decline

-12.52%

-42.61%

+30.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.18%

27.88%

-24.70%

Volatility

DGS vs. BTC-USD - Volatility Comparison

The current volatility for WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) is 5.89%, while Bitcoin (BTC-USD) has a volatility of 9.37%. This indicates that DGS experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DGSBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.89%

9.37%

-3.48%

Volatility (6M)

Calculated over the trailing 6-month period

15.35%

34.93%

-19.58%

Volatility (1Y)

Calculated over the trailing 1-year period

17.25%

35.76%

-18.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.29%

43.93%

-28.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.33%

56.33%

-39.00%

Frequently Asked Questions


DGS and BTC-USD have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BTC-USD has higher volatility (9.37%) compared to DGS (5.89%). In terms of maximum drawdown, DGS dropped -61.83% vs BTC-USD's -85.30%.

DGS currently has the higher Sharpe Ratio (0.81 vs -1.03), 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.

Portfolio Optimizer

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