DGSE.L vs. SEDY.L

Last updated Jun 5, 2026

DGSE.L (WisdomTree Emerging Markets SmallCap Dividend UCITS ETF) and SEDY.L (iShares Emerging Markets Dividend UCITS ETF) are both Emerging Markets Equities funds - DGSE.L tracks the MSCI Emerging Markets SMID NR USD while SEDY.L tracks the MSCI EM NR USD. Both are passively managed. Over the past 10 years, DGSE.L returned 6.84%/yr vs 8.20%/yr for SEDY.L. Their correlation of 0.81 suggests significant overlap in exposure. DGSE.L charges 0.54%/yr vs 0.65%/yr for SEDY.L.

Performance

DGSE.L vs. SEDY.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 Emerging Markets Dividend UCITS ETF (SEDY.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DGSE.L having a 10.61% return and SEDY.L slightly higher at 10.72%. Over the past 10 years, DGSE.L has underperformed SEDY.L with an annualized return of 6.84%, while SEDY.L has yielded a comparatively higher 8.20% 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%

SEDY.L

• 1D: -0.38%
• 1M: -1.17%
• YTD: 10.72%
• 6M: 10.19%
• 1Y: 29.05%
• 3Y*: 17.66%
• 5Y*: 5.46%
• 10Y*: 8.20%

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

DGSE.L vs. SEDY.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%
SEDY.L iShares Emerging Markets Dividend UCITS ETF	10.72%	18.69%	8.71%	13.01%	-22.64%	12.64%	-5.85%	10.44%	0.26%	14.72%

Correlation

The correlation between DGSE.L and SEDY.L is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Nov 21, 2014	0.81

Over the past year, the correlation between DGSE.L and SEDY.L has dropped to 0.59 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

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

Sectors	DGSE.L	SEDY.L
Technology	21.5%	8.3%
Industrials	15.7%	17.3%
Financial Services	12.7%	28.6%
Consumer Cyclical	10.7%	4.2%
Real Estate	9.2%	3.8%
Consumer Defensive	8.2%	2.2%
Basic Materials	7.8%	8.7%
Healthcare	5.0%	-
Utilities	4.7%	7.2%
Communication Services	3.3%	1.6%
Energy	1.3%	18.2%

Return for Risk

DGSE.L vs. SEDY.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: 43
DGSE.L Sharpe Ratio Rank: 42
DGSE.L Sortino Ratio Rank: 44
DGSE.L Omega Ratio Rank: 43
DGSE.L Calmar Ratio Rank: 45
DGSE.L Martin Ratio Rank: 43

SEDY.L

SEDY.L Risk / Return Rank: 81
SEDY.L Sharpe Ratio Rank: 79
SEDY.L Sortino Ratio Rank: 79
SEDY.L Omega Ratio Rank: 77
SEDY.L Calmar Ratio Rank: 91
SEDY.L Martin Ratio Rank: 81

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. SEDY.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 Emerging Markets Dividend UCITS ETF (SEDY.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	SEDY.L	Difference
Sharpe ratio: Return per unit of total volatility	1.46	2.53	-1.07
Sortino ratio: Return per unit of downside risk	2.16	3.51	-1.34
Omega ratio: Gain probability vs. loss probability	1.27	1.45	-0.18
Calmar ratio: Return relative to maximum drawdown	2.19	5.95	-3.77
Martin ratio: Return relative to average drawdown	6.68	15.57	-8.89
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. SEDY.L - Sharpe Ratio Comparison

The current DGSE.L Sharpe Ratio is 1.46, which is lower than the SEDY.L Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of DGSE.L and SEDY.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.

Sharpe Ratios by Period

	DGSE.L	SEDY.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	2.53	-1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.37	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.51	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.29	+0.03

Drawdowns

DGSE.L vs. SEDY.L - Drawdown Comparison

The maximum DGSE.L drawdown since its inception was -35.43%, smaller than the maximum SEDY.L drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for DGSE.L and SEDY.L.

Drawdown Indicators

	DGSE.L	SEDY.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.43%	-43.56%	+8.13%
Max Drawdown (1Y) Largest decline over 1 year	-8.87%	-4.86%	-4.01%
Max Drawdown (3Y) Largest decline over 3 years	-18.85%	-11.92%	-6.93%
Max Drawdown (5Y) Largest decline over 5 years	-18.85%	-29.66%	+10.81%
Max Drawdown (10Y) Largest decline over 10 years	-35.43%	-30.39%	-5.04%
Current Drawdown Current decline from peak	-1.82%	-3.28%	+1.46%
Average Drawdown Average peak-to-trough decline	-7.71%	-12.16%	+4.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	1.86%	+1.05%

Volatility

DGSE.L vs. SEDY.L - Volatility Comparison

WisdomTree Emerging Markets SmallCap Dividend UCITS ETF (DGSE.L) has a higher volatility of 4.43% compared to iShares Emerging Markets Dividend UCITS ETF (SEDY.L) at 4.19%. This indicates that DGSE.L's price experiences larger fluctuations and is considered to be riskier than SEDY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGSE.L	SEDY.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	4.19%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	11.24%	9.07%	+2.17%
Volatility (1Y) Calculated over the trailing 1-year period	13.29%	11.43%	+1.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.37%	14.75%	-1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.72%	16.22%	-0.50%

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

DGSE.L has a 0.54% expense ratio, which is lower than SEDY.L's 0.65% expense ratio.

Dividends

DGSE.L vs. SEDY.L - Dividend Comparison

DGSE.L's dividend yield for the trailing twelve months is around 0.03%, less than SEDY.L's 5.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SEDY.L iShares Emerging Markets Dividend UCITS ETF	5.28%	5.72%	7.74%	7.98%	9.33%	6.41%	5.11%	5.84%	5.54%	4.08%	4.25%	6.31%

Frequently Asked Questions

Can I hold both DGSE.L and SEDY.L in my portfolio?

DGSE.L and SEDY.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGSE.L or SEDY.L?

On fees, DGSE.L is cheaper at 0.54% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGSE.L or SEDY.L?

DGSE.L is cheaper with a 0.54% expense ratio, compared with 0.65% for SEDY.L.

What is the main difference between DGSE.L and SEDY.L?

DGSE.L tracks MSCI Emerging Markets SMID NR USD, while SEDY.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 0.65% for SEDY.L.