PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
DGSE.L vs. EDG2.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DGSE.L vs. EDG2.L

Last updated Jun 5, 2026

DGSE.L (WisdomTree Emerging Markets SmallCap Dividend UCITS ETF) and EDG2.L (iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc)) are both Emerging Markets Equities funds - DGSE.L tracks the MSCI Emerging Markets SMID NR USD while EDG2.L tracks the MSCI EM NR USD. Both are passively managed. Over the past 5 years, DGSE.L returned 4.59%/yr vs 7.75%/yr for EDG2.L. A 0.76 correlation means they provide meaningful diversification when combined. DGSE.L charges 0.54%/yr vs 0.18%/yr for EDG2.L.

Performance

DGSE.L vs. EDG2.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Emerging Markets SmallCap Dividend UCITS ETF (DGSE.L) and iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDG2.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

DGSE.L is traded in GBp, while EDG2.L is traded in GBP. To make them comparable, the EDG2.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 EDG2.L's 25.10% 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%

EDG2.L

1D
-1.36%
1M
6.61%
YTD
25.10%
6M
26.84%
1Y
51.62%
3Y*
20.29%
5Y*
7.75%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

DGSE.L vs. EDG2.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
DGSE.L
WisdomTree Emerging Markets SmallCap Dividend UCITS ETF		10.61%7.78%-0.93%9.14%-4.67%11.05%-0.71%3.14%
EDG2.L
iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc)		25.10%26.14%8.61%2.17%-12.40%-1.62%15.80%2.32%

Correlation

The correlation between DGSE.L and EDG2.L is 0.70, 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

0.70

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

0.72

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

0.72

Correlation (All Time)
Calculated using the full available price history since Nov 25, 2019

0.76

The correlation between DGSE.L and EDG2.L has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.

DGSE.L vs. EDG2.L - Sectors Allocation Comparison

Sectors
DGSE.L
EDG2.L

Technology

21.5%
43.1%

Industrials

15.7%
7.0%

Financial Services

12.7%
17.9%

Consumer Cyclical

10.7%
8.6%

Real Estate

9.2%
1.3%

Consumer Defensive

8.2%
2.7%

Basic Materials

7.8%
5.5%

Healthcare

5.0%
2.6%

Utilities

4.7%
1.7%

Communication Services

3.3%
6.3%

Energy

1.3%
3.4%

Technology

DGSE.L
21.5%
EDG2.L
43.1%

Industrials

DGSE.L
15.7%
EDG2.L
7.0%

Financial Services

DGSE.L
12.7%
EDG2.L
17.9%

Consumer Cyclical

DGSE.L
10.7%
EDG2.L
8.6%

Real Estate

DGSE.L
9.2%
EDG2.L
1.3%

Consumer Defensive

DGSE.L
8.2%
EDG2.L
2.7%

Basic Materials

DGSE.L
7.8%
EDG2.L
5.5%

Healthcare

DGSE.L
5.0%
EDG2.L
2.6%

Utilities

DGSE.L
4.7%
EDG2.L
1.7%

Communication Services

DGSE.L
3.3%
EDG2.L
6.3%

Energy

DGSE.L
1.3%
EDG2.L
3.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree Emerging Markets SmallCap Dividend UCITS ETF

iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc)

Often compared with DGSE.L:
DGSE.L vs. SPYX.DEDGSE.L vs. EMVL.LDGSE.L vs. DFEP.LDGSE.L vs. EEMSDGSE.L vs. VYMIDGSE.L vs. SPYDGSE.L vs. SCHD
Often compared with EDG2.L:
EDG2.L vs. EMIM.LEDG2.L vs. VERX.LEDG2.L vs. CSPX.LEDG2.L vs. ENPHEDG2.L vs. SEDY.LEDG2.L vs. EIMI.LEDG2.L vs. CNDX.L

Return for Risk

DGSE.L vs. EDG2.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DGSE.L
DGSE.L Risk / Return Rank: 4343
Overall Rank
DGSE.L Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
DGSE.L Sortino Ratio Rank: 4444
Sortino Ratio Rank
DGSE.L Omega Ratio Rank: 4343
Omega Ratio Rank
DGSE.L Calmar Ratio Rank: 4545
Calmar Ratio Rank
DGSE.L Martin Ratio Rank: 4343
Martin Ratio Rank
EDG2.L
EDG2.L Risk / Return Rank: 8686
Overall Rank
EDG2.L Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
EDG2.L Sortino Ratio Rank: 8787
Sortino Ratio Rank
EDG2.L Omega Ratio Rank: 8989
Omega Ratio Rank
EDG2.L Calmar Ratio Rank: 8484
Calmar Ratio Rank
EDG2.L Martin Ratio Rank: 8282
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.

DGSE.L vs. EDG2.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 iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDG2.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.LEDG2.LDifference
Sharpe ratioReturn per unit of total volatility
1.46
3.00

-1.54

Sortino ratioReturn per unit of downside risk
2.16
3.88

-1.71

Omega ratioGain probability vs. loss probability

1.27

1.56

-0.28

Calmar ratioReturn relative to maximum drawdown

2.19

4.54

-2.35

Martin ratioReturn relative to average drawdown

6.68

15.95

-9.27

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DGSE.L vs. EDG2.L - Sharpe Ratio Comparison

The current DGSE.L Sharpe Ratio is 1.46, which is lower than the EDG2.L Sharpe Ratio of 3.00. The chart below compares the historical Sharpe Ratios of DGSE.L and EDG2.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

DGSE.LEDG2.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.46

3.00

-1.54

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.34

0.48

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.32

0.52

-0.20

Drawdowns

DGSE.L vs. EDG2.L - Drawdown Comparison

The maximum DGSE.L drawdown since its inception was -35.43%, which is greater than EDG2.L's maximum drawdown of -28.22%. Use the drawdown chart below to compare losses from any high point for DGSE.L and EDG2.L.

Loading charts...

Drawdown Indicators

DGSE.LEDG2.LDifference

Max Drawdown

Largest peak-to-trough decline

-35.43%

-28.22%

-7.21%

Max Drawdown (1Y)

Largest decline over 1 year

-8.87%

-11.31%

+2.44%

Max Drawdown (3Y)

Largest decline over 3 years

-18.85%

-15.35%

-3.50%

Max Drawdown (5Y)

Largest decline over 5 years

-18.85%

-25.03%

+6.18%

Max Drawdown (10Y)

Largest decline over 10 years

-35.43%

—

—

Current Drawdown

Current decline from peak

-1.82%

-2.52%

+0.70%

Average Drawdown

Average peak-to-trough decline

-7.71%

-12.12%

+4.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.91%

3.23%

-0.32%

Volatility

DGSE.L vs. EDG2.L - Volatility Comparison

The current volatility for WisdomTree Emerging Markets SmallCap Dividend UCITS ETF (DGSE.L) is 4.43%, while iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDG2.L) has a volatility of 7.51%. This indicates that DGSE.L experiences smaller price fluctuations and is considered to be less risky than EDG2.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

DGSE.LEDG2.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.43%

7.51%

-3.08%

Volatility (6M)

Calculated over the trailing 6-month period

11.24%

14.69%

-3.45%

Volatility (1Y)

Calculated over the trailing 1-year period

13.29%

17.13%

-3.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.37%

16.14%

-2.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.72%

17.91%

-2.19%

DGSE.L vs. EDG2.L - Expense Ratio Comparison

DGSE.L has a 0.54% expense ratio, which is higher than EDG2.L's 0.18% expense ratio.

Dividends

DGSE.L vs. EDG2.L - Dividend Comparison

DGSE.L's dividend yield for the trailing twelve months is around 0.03%, while EDG2.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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%
EDG2.L
iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

DGSE.L and EDG2.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EDG2.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EDG2.L is cheaper with a 0.18% expense ratio, compared with 0.54% for DGSE.L.

DGSE.L tracks MSCI Emerging Markets SMID NR USD, while EDG2.L tracks MSCI EM NR USD. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.54% for DGSE.L and 0.18% for EDG2.L.

Portfolio Optimizer

Find the right allocation for DGSE.L and EDG2.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