DOL vs. EMA

Last updated Jun 4, 2026

DOL (WisdomTree International LargeCap Dividend Fund) is Foreign Large Cap Equities fund tracking the WisdomTree International LargeCap Dividend Index, while EMA (Emera Inc) is a stock. Over the past year, DOL returned 29.70% vs 16.52% for EMA. At a 0.06 correlation, their price movements are largely independent.

Performance

DOL vs. EMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International LargeCap Dividend Fund (DOL) and Emera Inc (EMA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOL achieves a 14.27% return, which is significantly higher than EMA's 5.09% return.

DOL

• 1D: -0.42%
• 1M: 5.12%
• YTD: 14.27%
• 6M: 18.14%
• 1Y: 29.70%
• 3Y*: 20.90%
• 5Y*: 12.14%
• 10Y*: 9.61%

EMA

• 1D: -0.86%
• 1M: -3.27%
• YTD: 5.09%
• 6M: 7.85%
• 1Y: 16.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DOL vs. EMA - Yearly Performance Comparison

	2026 (YTD)	2025
DOL WisdomTree International LargeCap Dividend Fund	14.27%	14.68%
EMA Emera Inc	5.09%	12.99%

Correlation

The correlation between DOL and EMA is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (All Time) Calculated using the full available price history since May 29, 2025	0.06

Return for Risk

DOL vs. EMA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DOL

DOL Risk / Return Rank: 57
DOL Sharpe Ratio Rank: 58
DOL Sortino Ratio Rank: 57
DOL Omega Ratio Rank: 59
DOL Calmar Ratio Rank: 53
DOL Martin Ratio Rank: 57

EMA

EMA Risk / Return Rank: 76
EMA Sharpe Ratio Rank: 76
EMA Sortino Ratio Rank: 71
EMA Omega Ratio Rank: 68
EMA Calmar Ratio Rank: 81
EMA Martin Ratio Rank: 82

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.

DOL vs. EMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International LargeCap Dividend Fund (DOL) and Emera Inc (EMA). 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.

	DOL	EMA	Difference
Sharpe ratio: Return per unit of total volatility	1.99	1.22	+0.77
Sortino ratio: Return per unit of downside risk	2.74	1.80	+0.93
Omega ratio: Gain probability vs. loss probability	1.36	1.21	+0.15
Calmar ratio: Return relative to maximum drawdown	2.63	2.80	-0.16
Martin ratio: Return relative to average drawdown	9.90	7.62	+2.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOL vs. EMA - Sharpe Ratio Comparison

The current DOL Sharpe Ratio is 1.99, which is higher than the EMA Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of DOL and EMA, 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

	DOL	EMA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	1.22	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	1.36	-1.08

Drawdowns

DOL vs. EMA - Drawdown Comparison

The maximum DOL drawdown since its inception was -60.79%, which is greater than EMA's maximum drawdown of -5.93%. Use the drawdown chart below to compare losses from any high point for DOL and EMA.

Drawdown Indicators

	DOL	EMA	Difference
Max Drawdown Largest peak-to-trough decline	-60.79%	-5.93%	-54.86%
Max Drawdown (1Y) Largest decline over 1 year	-11.33%	-5.93%	-5.40%
Max Drawdown (3Y) Largest decline over 3 years	-12.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.57%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.99%	—	—
Current Drawdown Current decline from peak	-0.42%	-5.24%	+4.82%
Average Drawdown Average peak-to-trough decline	-13.63%	-1.74%	-11.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	2.20%	+0.81%

Volatility

DOL vs. EMA - Volatility Comparison

WisdomTree International LargeCap Dividend Fund (DOL) has a higher volatility of 5.28% compared to Emera Inc (EMA) at 4.25%. This indicates that DOL's price experiences larger fluctuations and is considered to be riskier than EMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOL	EMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.28%	4.25%	+1.03%
Volatility (6M) Calculated over the trailing 6-month period	12.75%	10.19%	+2.56%
Volatility (1Y) Calculated over the trailing 1-year period	15.00%	13.59%	+1.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.38%	13.67%	+1.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.70%	13.67%	+3.03%

Dividends

DOL vs. EMA - Dividend Comparison

DOL's dividend yield for the trailing twelve months is around 2.45%, less than EMA's 3.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DOL WisdomTree International LargeCap Dividend Fund	2.45%	2.83%	3.78%	4.02%	4.47%	3.58%	2.82%	3.50%	4.03%	3.17%	3.58%	3.66%
EMA Emera Inc	3.89%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DOL and EMA in my portfolio?

DOL and EMA have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DOL or EMA?

DOL has higher volatility (5.28%) compared to EMA (4.25%). In terms of maximum drawdown, DOL dropped -60.79% vs EMA's -5.93%.

Which has better risk-adjusted returns?

DOL currently has the higher Sharpe Ratio (1.99 vs 1.22), 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.