DGSE.L vs. COPA.L
DGSE.L (WisdomTree Emerging Markets SmallCap Dividend UCITS ETF) and COPA.L (WisdomTree Copper) are both exchange-traded funds - DGSE.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets SMID NR USD, while COPA.L is a Metals fund tracking the Bloomberg Copper Subindex. Both are passively managed. Over the past 10 years, DGSE.L returned 6.84%/yr vs 11.12%/yr for COPA.L. At a 0.36 correlation, their price movements are largely independent. DGSE.L charges 0.54%/yr vs 0.49%/yr for COPA.L.
Performance
DGSE.L vs. COPA.L - Performance Comparison
Loading charts...
Different Trading Currencies
DGSE.L is traded in GBp, while COPA.L is traded in USD. To make them comparable, the COPA.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, DGSE.L achieves a 10.61% return, which is significantly lower than COPA.L's 14.05% return. Over the past 10 years, DGSE.L has underperformed COPA.L with an annualized return of 6.84%, while COPA.L has yielded a comparatively higher 11.12% annualized return.
DGSE.L
- 1D
- 0.15%
- 1M
- 0.92%
- YTD
- 10.61%
- 6M
- 11.47%
- 1Y
- 19.49%
- 3Y*
- 8.09%
- 5Y*
- 4.59%
- 10Y*
- 6.84%
COPA.L
- 1D
- 0.00%
- 1M
- 9.70%
- YTD
- 14.05%
- 6M
- 19.87%
- 1Y
- 31.14%
- 3Y*
- 15.98%
- 5Y*
- 8.15%
- 10Y*
- 11.12%
DGSE.L vs. COPA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DGSE.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF | 10.61% | 7.78% | -0.93% | 9.14% | -4.67% | 11.05% | -0.71% | 8.36% | -12.58% | 20.40% |
COPA.L WisdomTree Copper | 14.40% | 26.65% | 6.64% | -2.47% | -3.31% | 25.53% | 17.85% | 0.91% | -15.65% | 15.87% |
Correlation
The correlation between DGSE.L and COPA.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2014 | 0.36 |
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
DGSE.L vs. COPA.L — Risk / Return Rank
DGSE.L
COPA.L
DGSE.L vs. COPA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets SmallCap Dividend UCITS ETF (DGSE.L) and WisdomTree Copper (COPA.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.
| DGSE.L | COPA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.24 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 1.30 | +0.89 |
| Martin ratioReturn relative to average drawdown | 6.68 | 2.87 | +3.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DGSE.L | COPA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.96 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.33 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.49 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.14 | +0.18 |
Drawdowns
DGSE.L vs. COPA.L - Drawdown Comparison
The maximum DGSE.L drawdown since its inception was -35.43%, smaller than the maximum COPA.L drawdown of -58.32%. Use the drawdown chart below to compare losses from any high point for DGSE.L and COPA.L.
Loading charts...
Drawdown Indicators
| DGSE.L | COPA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.43% | -58.32% | +22.89% |
Max Drawdown (1Y)Largest decline over 1 year | -8.87% | -23.82% | +14.95% |
Max Drawdown (3Y)Largest decline over 3 years | -18.85% | -23.82% | +4.97% |
Max Drawdown (5Y)Largest decline over 5 years | -18.85% | -26.80% | +7.95% |
Max Drawdown (10Y)Largest decline over 10 years | -35.43% | -31.28% | -4.15% |
Current DrawdownCurrent decline from peak | -1.82% | -2.27% | +0.45% |
Average DrawdownAverage peak-to-trough decline | -7.71% | -25.46% | +17.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 10.84% | -7.93% |
Volatility
DGSE.L vs. COPA.L - Volatility Comparison
The current volatility for WisdomTree Emerging Markets SmallCap Dividend UCITS ETF (DGSE.L) is 4.43%, while WisdomTree Copper (COPA.L) has a volatility of 8.17%. This indicates that DGSE.L experiences smaller price fluctuations and is considered to be less risky than COPA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DGSE.L | COPA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 8.17% | -3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 11.24% | 17.79% | -6.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.29% | 32.35% | -19.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.37% | 24.65% | -11.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.72% | 22.69% | -6.97% |
DGSE.L vs. COPA.L - Expense Ratio Comparison
DGSE.L has a 0.54% expense ratio, which is higher than COPA.L's 0.49% expense ratio.
Dividends
DGSE.L vs. COPA.L - Dividend Comparison
DGSE.L's dividend yield for the trailing twelve months is around 0.03%, while COPA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COPA.L WisdomTree Copper | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGSE.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF | 0.03% | 0.03% | 0.05% | 0.04% | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | 0.01% | 0.03% |
Frequently Asked Questions
DGSE.L and COPA.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COPA.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COPA.L is cheaper with a 0.49% expense ratio, compared with 0.54% for DGSE.L.
DGSE.L is categorized as Emerging Markets Equities, while COPA.L is Metals. DGSE.L tracks MSCI Emerging Markets SMID NR USD, while COPA.L tracks Bloomberg Copper Subindex. Their fees differ too: 0.54% for DGSE.L and 0.49% for COPA.L.
Find the right allocation for DGSE.L and COPA.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