EUNI.DE vs. DGS

Last updated Apr 3, 2026

Compare and contrast key facts about iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS).

EUNI.DE and DGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUNI.DE is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Small Cap. It was launched on Mar 6, 2009. DGS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets SmallCap Dividend Index. It was launched on Oct 30, 2007. Both EUNI.DE and DGS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EUNI.DE vs. DGS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). The values are adjusted to include any dividend payments, if applicable.

EUNI.DE vs. DGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF	4.29%	6.21%	8.18%	19.10%	-13.60%	28.84%	7.23%	14.66%	-16.19%	18.31%
DGS WisdomTree Emerging Markets SmallCap Dividend Fund	6.63%	6.80%	7.81%	15.51%	-6.91%	23.95%	-4.52%	21.59%	-12.60%	20.58%

Different Trading Currencies

EUNI.DE is traded in EUR, while DGS is traded in USD. To make them comparable, the DGS values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EUNI.DE achieves a 4.29% return, which is significantly lower than DGS's 6.63% return. Over the past 10 years, EUNI.DE has underperformed DGS with an annualized return of 7.83%, while DGS has yielded a comparatively higher 8.86% annualized return.

EUNI.DE

• 1D: -1.84%
• 1M: 0.00%
• YTD: 4.29%
• 6M: 4.72%
• 1Y: 17.31%
• 3Y*: 11.73%
• 5Y*: 6.64%
• 10Y*: 7.83%

DGS

• 1D: -0.35%
• 1M: -1.79%
• YTD: 6.63%
• 6M: 8.01%
• 1Y: 19.50%
• 3Y*: 11.26%
• 5Y*: 7.81%
• 10Y*: 8.86%

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

EUNI.DE vs. DGS - Expense Ratio Comparison

EUNI.DE has a 0.74% expense ratio, which is higher than DGS's 0.58% expense ratio.

EUNI.DE

iShares MSCI Emerging Markets Small Cap UCITS ETF

DGS

WisdomTree Emerging Markets SmallCap Dividend Fund

Return for Risk

EUNI.DE vs. DGS — Risk / Return Rank

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

EUNI.DE

EUNI.DE Risk / Return Rank: 59
EUNI.DE Sharpe Ratio Rank: 51
EUNI.DE Sortino Ratio Rank: 48
EUNI.DE Omega Ratio Rank: 47
EUNI.DE Calmar Ratio Rank: 78
EUNI.DE Martin Ratio Rank: 71

DGS

DGS Risk / Return Rank: 79
DGS Sharpe Ratio Rank: 81
DGS Sortino Ratio Rank: 81
DGS Omega Ratio Rank: 79
DGS Calmar Ratio Rank: 78
DGS Martin Ratio Rank: 74

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.

EUNI.DE vs. DGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). 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.

	EUNI.DE	DGS	Difference
Sharpe ratio Return per unit of total volatility	0.97	1.20	-0.23
Sortino ratio Return per unit of downside risk	1.39	1.69	-0.30
Omega ratio Gain probability vs. loss probability	1.19	1.24	-0.05
Calmar ratio Return relative to maximum drawdown	2.66	1.60	+1.06
Martin ratio Return relative to average drawdown	8.88	6.78	+2.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUNI.DE vs. DGS - Sharpe Ratio Comparison

The current EUNI.DE Sharpe Ratio is 0.97, which is comparable to the DGS Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of EUNI.DE and DGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EUNI.DE	DGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	1.20	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.60	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.54	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.28	+0.09

Correlation

The correlation between EUNI.DE and DGS is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EUNI.DE vs. DGS - Dividend Comparison

EUNI.DE's dividend yield for the trailing twelve months is around 0.91%, less than DGS's 3.51% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF	0.91%	1.83%	1.74%	2.11%	2.47%	1.23%	1.77%	2.02%	2.14%	1.45%	2.00%	0.85%
DGS WisdomTree Emerging Markets SmallCap Dividend Fund	3.51%	3.45%	3.36%	4.55%	5.34%	3.98%	3.69%	3.95%	4.24%	2.81%	3.42%	3.28%

Drawdowns

EUNI.DE vs. DGS - Drawdown Comparison

The maximum EUNI.DE drawdown since its inception was -41.89%, smaller than the maximum DGS drawdown of -55.60%. Use the drawdown chart below to compare losses from any high point for EUNI.DE and DGS.

Drawdown Indicators

	EUNI.DE	DGS	Difference
Max Drawdown Largest peak-to-trough decline	-41.89%	-61.83%	+19.94%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	-10.06%	-0.70%
Max Drawdown (5Y) Largest decline over 5 years	-21.15%	-24.86%	+3.71%
Max Drawdown (10Y) Largest decline over 10 years	-41.89%	-44.08%	+2.19%
Current Drawdown Current decline from peak	-5.54%	-8.15%	+2.61%
Average Drawdown Average peak-to-trough decline	-10.66%	-12.68%	+2.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	3.04%	-0.66%

Volatility

EUNI.DE vs. DGS - Volatility Comparison

iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) has a higher volatility of 7.37% compared to WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) at 6.57%. This indicates that EUNI.DE's price experiences larger fluctuations and is considered to be riskier than DGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUNI.DE	DGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.37%	6.57%	+0.80%
Volatility (6M) Calculated over the trailing 6-month period	12.39%	10.58%	+1.81%
Volatility (1Y) Calculated over the trailing 1-year period	17.80%	16.29%	+1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	12.98%	+1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.68%	16.48%	+0.20%