DIEM vs. DEM
DIEM (Franklin Emerging Market Core Dividend Tilt Index ETF) and DEM (WisdomTree Emerging Markets Equity Income Fund) are both exchange-traded funds - DIEM is a Emerging Markets Diversified fund tracking the Morningstar Emerging Markets Dividend Enhanced Select Index, while DEM is a Emerging Markets Equities fund tracking the WisdomTree Emerging Markets Equity income Index. Both are passively managed. Over the past 10 years, DIEM returned 9.27%/yr vs 10.52%/yr for DEM. Their correlation of 0.90 suggests significant overlap in exposure. DIEM charges 0.19%/yr vs 0.63%/yr for DEM.
Performance
DIEM vs. DEM - Performance Comparison
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Returns By Period
In the year-to-date period, DIEM achieves a 29.85% return, which is significantly higher than DEM's 18.12% return. Over the past 10 years, DIEM has underperformed DEM with an annualized return of 9.27%, while DEM has yielded a comparatively higher 10.52% annualized return.
DIEM
- 1D
- -4.97%
- 1M
- 4.80%
- YTD
- 29.85%
- 6M
- 30.75%
- 1Y
- 53.23%
- 3Y*
- 27.25%
- 5Y*
- 11.58%
- 10Y*
- 9.27%
DEM
- 1D
- -1.93%
- 1M
- 1.59%
- YTD
- 18.12%
- 6M
- 18.38%
- 1Y
- 28.27%
- 3Y*
- 18.30%
- 5Y*
- 9.65%
- 10Y*
- 10.52%
DIEM vs. DEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 29.85% | 30.81% | 12.29% | 15.41% | -20.61% | 6.92% | 1.27% | 12.23% | -11.29% | 27.61% |
DEM WisdomTree Emerging Markets Equity Income Fund | 18.12% | 21.29% | 4.46% | 20.93% | -10.43% | 11.49% | -5.84% | 19.84% | -7.69% | 26.26% |
Correlation
The correlation between DIEM and DEM is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2016 | 0.90 |
The correlation between DIEM and DEM has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.
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Return for Risk
DIEM vs. DEM — Risk / Return Rank
DIEM
DEM
DIEM vs. DEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) and WisdomTree Emerging Markets Equity Income Fund (DEM). 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.
| DIEM | DEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.36 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.34 | 3.60 | +0.74 |
| Martin ratioReturn relative to average drawdown | 16.81 | 12.31 | +4.50 |
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Drawdowns
DIEM vs. DEM - Drawdown Comparison
The maximum DIEM drawdown since its inception was -38.61%, smaller than the maximum DEM drawdown of -51.85%. Use the drawdown chart below to compare losses from any high point for DIEM and DEM.
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Drawdown Indicators
| DIEM | DEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.61% | -51.85% | +13.24% |
Max Drawdown (1Y)Largest decline over 1 year | -12.33% | -7.89% | -4.44% |
Max Drawdown (3Y)Largest decline over 3 years | -16.82% | -15.64% | -1.18% |
Max Drawdown (5Y)Largest decline over 5 years | -33.34% | -27.18% | -6.16% |
Max Drawdown (10Y)Largest decline over 10 years | -38.61% | -37.79% | -0.82% |
Current DrawdownCurrent decline from peak | -4.97% | -2.71% | -2.26% |
Average DrawdownAverage peak-to-trough decline | -9.68% | -12.87% | +3.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 2.30% | +0.88% |
Volatility
DIEM vs. DEM - Volatility Comparison
Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) has a higher volatility of 12.21% compared to WisdomTree Emerging Markets Equity Income Fund (DEM) at 6.28%. This indicates that DIEM's price experiences larger fluctuations and is considered to be riskier than DEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DIEM | DEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.21% | 6.28% | +5.93% |
Volatility (6M)Calculated over the trailing 6-month period | 19.22% | 12.40% | +6.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.98% | 14.33% | +6.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.58% | 15.49% | +2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 17.87% | +0.04% |
DIEM vs. DEM - Expense Ratio Comparison
DIEM has a 0.19% expense ratio, which is lower than DEM's 0.63% expense ratio.
Dividends
DIEM vs. DEM - Dividend Comparison
DIEM's dividend yield for the trailing twelve months is around 1.63%, less than DEM's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEM WisdomTree Emerging Markets Equity Income Fund | 3.82% | 4.88% | 5.24% | 5.49% | 8.62% | 5.87% | 4.21% | 4.78% | 4.47% | 3.67% | 3.63% | 5.21% |
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 1.63% | 2.99% | 4.92% | 4.45% | 6.31% | 4.06% | 2.75% | 5.98% | 3.87% | 2.61% | 0.35% | 0.00% |
Frequently Asked Questions
DIEM and DEM have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIEM has higher volatility (12.21%) compared to DEM (6.28%). In terms of maximum drawdown, DIEM dropped -38.61% vs DEM's -51.85%.
On 10-year performance, DEM leads with 10.52% vs 9.27% for DIEM. On fees, DIEM is cheaper at 0.19% per year. On volatility, DEM has been the lower-risk option at 6.28%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DEM has performed better with a 10.52% return vs 9.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIEM is cheaper with a 0.19% expense ratio, compared with 0.63% for DEM.
DEM has the higher dividend yield at 3.82%, compared with 1.63% for DIEM.
DIEM is categorized as Emerging Markets Diversified, while DEM is Emerging Markets Equities. DIEM tracks Morningstar Emerging Markets Dividend Enhanced Select Index, while DEM tracks WisdomTree Emerging Markets Equity income Index. They also come from different issuers: Franklin Templeton and WisdomTree. Their fees differ too: 0.19% for DIEM and 0.63% for DEM.
DIEM currently has the higher Sharpe Ratio (2.55 vs 1.98), 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.
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