DGSD.L vs. DEM.L
DGSD.L (WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist)) and DEM.L (WisdomTree Emerging Markets Equity Income UCITS ETF) are both Emerging Markets Equities funds from WisdomTree - DGSD.L tracks the WisdomTree Emerging Markets Smallcap Dividend UCITS Index while DEM.L tracks the MSCI EM NR USD. Both are passively managed. Over the past 10 years, DGSD.L returned 8.37%/yr vs 8.37%/yr for DEM.L. Their correlation of 0.84 suggests significant overlap in exposure. DGSD.L charges 0.54%/yr vs 0.46%/yr for DEM.L.
Performance
DGSD.L vs. DEM.L - Performance Comparison
Loading charts...
Different Trading Currencies
DGSD.L is traded in USD, while DEM.L is traded in GBp. To make them comparable, the DEM.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DGSD.L achieves a 9.94% return, which is significantly lower than DEM.L's 17.25% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: DGSD.L at 8.37% and DEM.L at 8.37%.
DGSD.L
- 1D
- 0.15%
- 1M
- -3.93%
- 6M
- 6.06%
- YTD
- 9.94%
- 1Y
- 14.79%
- 3Y*
- 12.72%
- 5Y*
- 6.57%
- 10Y*
- 8.37%
DEM.L
- 1D
- 0.64%
- 1M
- -3.03%
- 6M
- 14.97%
- YTD
- 17.25%
- 1Y
- 21.55%
- 3Y*
- 16.93%
- 5Y*
- 10.30%
- 10Y*
- 8.37%
DGSD.L vs. DEM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DGSD.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) | 9.94% | 18.93% | 2.14% | 19.83% | -11.18% | 12.82% | 5.94% | 15.75% | -15.06% | 34.26% |
DEM.L WisdomTree Emerging Markets Equity Income UCITS ETF | 17.25% | 21.21% | 5.07% | 20.84% | -13.01% | 14.12% | -6.70% | 15.65% | -11.40% | 24.71% |
Correlation
The correlation between DGSD.L and DEM.L is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2014 | 0.84 |
The correlation between DGSD.L and DEM.L shifts across timeframes, from 0.69 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DGSD.L vs. DEM.L — Risk / Return Rank
DGSD.L
DEM.L
DGSD.L vs. DEM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) (DGSD.L) and WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.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.
| DGSD.L | DEM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.26 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 2.78 | -1.18 |
| Martin ratioReturn relative to average drawdown | 4.73 | 8.34 | -3.61 |
Loading charts...
Drawdowns
DGSD.L vs. DEM.L - Drawdown Comparison
The maximum DGSD.L drawdown since its inception was -43.76%, smaller than the maximum DEM.L drawdown of -59.39%. Use the drawdown chart below to compare losses from any high point for DGSD.L and DEM.L.
Loading charts...
Drawdown Indicators
| DGSD.L | DEM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.76% | -59.39% | +15.63% |
Max Drawdown (1Y)Largest decline over 1 year | -9.30% | -7.73% | -1.57% |
Max Drawdown (3Y)Largest decline over 3 years | -19.87% | -14.39% | -5.48% |
Max Drawdown (5Y)Largest decline over 5 years | -25.55% | -27.85% | +2.30% |
Max Drawdown (10Y)Largest decline over 10 years | -43.76% | -40.19% | -3.57% |
Current DrawdownCurrent decline from peak | -3.93% | -3.03% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -9.35% | -28.51% | +19.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 2.58% | +0.57% |
Volatility
DGSD.L vs. DEM.L - Volatility Comparison
The current volatility for WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) (DGSD.L) is 5.60%, while WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) has a volatility of 5.91%. This indicates that DGSD.L experiences smaller price fluctuations and is considered to be less risky than DEM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DGSD.L | DEM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 5.91% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 12.80% | 12.83% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.93% | 15.10% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.74% | 15.49% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 16.99% | -0.62% |
DGSD.L vs. DEM.L - Expense Ratio Comparison
DGSD.L has a 0.54% expense ratio, which is higher than DEM.L's 0.46% expense ratio.
Dividends
DGSD.L vs. DEM.L - Dividend Comparison
DGSD.L's dividend yield for the trailing twelve months is around 3.18%, less than DEM.L's 3.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEM.L WisdomTree Emerging Markets Equity Income UCITS ETF | 3.70% | 4.47% | 7.67% | 7.00% | 7.05% | 4.14% | 4.77% | 1.46% | 0.00% | 2.15% | 1.49% | 4.55% |
DGSD.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) | 3.18% | 2.90% | 4.95% | 3.38% | 4.16% | 2.95% | 2.77% | 3.15% | 3.18% | 1.18% | 1.52% | 3.39% |
Frequently Asked Questions
DGSD.L and DEM.L have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DEM.L is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DEM.L is cheaper with a 0.46% expense ratio, compared with 0.54% for DGSD.L.
DGSD.L tracks WisdomTree Emerging Markets Smallcap Dividend UCITS Index, while DEM.L tracks MSCI EM NR USD. Their fees differ too: 0.54% for DGSD.L and 0.46% for DEM.L.
Find the right allocation for DGSD.L and DEM.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer