IHDG vs. DEM

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree International Hedged Dividend Growth Fund (IHDG) and WisdomTree Emerging Markets Equity Income Fund (DEM).

IHDG and DEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHDG is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International Hedged Dividend Growth Index. It was launched on May 7, 2014. DEM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets Equity income Index. It was launched on Jul 13, 2007. Both IHDG and DEM 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

IHDG vs. DEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Hedged Dividend Growth Fund (IHDG) and WisdomTree Emerging Markets Equity Income Fund (DEM). The values are adjusted to include any dividend payments, if applicable.

IHDG vs. DEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHDG WisdomTree International Hedged Dividend Growth Fund	-0.97%	14.17%	5.97%	20.00%	-11.53%	19.75%	10.51%	33.42%	-12.03%	21.93%
DEM WisdomTree Emerging Markets Equity Income Fund	6.89%	21.29%	4.46%	20.93%	-10.43%	11.49%	-5.84%	19.84%	-7.69%	26.26%

Returns By Period

In the year-to-date period, IHDG achieves a -0.97% return, which is significantly lower than DEM's 6.89% return. Over the past 10 years, IHDG has outperformed DEM with an annualized return of 9.75%, while DEM has yielded a comparatively lower 9.12% annualized return.

IHDG

• 1D: 2.29%
• 1M: -6.77%
• YTD: -0.97%
• 6M: 4.74%
• 1Y: 13.25%
• 3Y*: 8.97%
• 5Y*: 7.41%
• 10Y*: 9.75%

DEM

• 1D: 2.73%
• 1M: -3.50%
• YTD: 6.89%
• 6M: 9.69%
• 1Y: 23.52%
• 3Y*: 15.42%
• 5Y*: 8.66%
• 10Y*: 9.12%

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

IHDG vs. DEM - Expense Ratio Comparison

IHDG has a 0.58% expense ratio, which is lower than DEM's 0.63% expense ratio.

DEM

WisdomTree Emerging Markets Equity Income Fund

IHDG

WisdomTree International Hedged Dividend Growth Fund

Return for Risk

IHDG vs. DEM — Risk / Return Rank

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

IHDG

IHDG Risk / Return Rank: 45
IHDG Sharpe Ratio Rank: 44
IHDG Sortino Ratio Rank: 46
IHDG Omega Ratio Rank: 46
IHDG Calmar Ratio Rank: 45
IHDG Martin Ratio Rank: 46

DEM

DEM Risk / Return Rank: 83
DEM Sharpe Ratio Rank: 83
DEM Sortino Ratio Rank: 84
DEM Omega Ratio Rank: 83
DEM Calmar Ratio Rank: 79
DEM Martin Ratio Rank: 85

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.

IHDG vs. DEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Hedged Dividend Growth Fund (IHDG) 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.

	IHDG	DEM	Difference
Sharpe ratio Return per unit of total volatility	0.77	1.57	-0.80
Sortino ratio Return per unit of downside risk	1.19	2.16	-0.97
Omega ratio Gain probability vs. loss probability	1.17	1.32	-0.15
Calmar ratio Return relative to maximum drawdown	1.08	2.07	-1.00
Martin ratio Return relative to average drawdown	4.15	9.47	-5.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHDG vs. DEM - Sharpe Ratio Comparison

The current IHDG Sharpe Ratio is 0.77, which is lower than the DEM Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of IHDG and DEM, 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

	IHDG	DEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	1.57	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.57	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.51	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.20	+0.37

Correlation

The correlation between IHDG and DEM is 0.60, 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

IHDG vs. DEM - Dividend Comparison

IHDG's dividend yield for the trailing twelve months is around 1.94%, less than DEM's 4.22% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHDG WisdomTree International Hedged Dividend Growth Fund	1.94%	1.84%	2.42%	1.70%	13.79%	2.77%	1.94%	1.99%	0.22%	1.28%	1.91%	3.04%
DEM WisdomTree Emerging Markets Equity Income Fund	4.22%	4.88%	5.24%	5.49%	8.62%	5.87%	4.21%	4.78%	4.47%	3.67%	3.63%	5.21%

Drawdowns

IHDG vs. DEM - Drawdown Comparison

The maximum IHDG drawdown since its inception was -29.24%, smaller than the maximum DEM drawdown of -51.85%. Use the drawdown chart below to compare losses from any high point for IHDG and DEM.

Drawdown Indicators

	IHDG	DEM	Difference
Max Drawdown Largest peak-to-trough decline	-29.24%	-51.85%	+22.61%
Max Drawdown (1Y) Largest decline over 1 year	-11.38%	-11.39%	+0.01%
Max Drawdown (5Y) Largest decline over 5 years	-19.52%	-27.18%	+7.66%
Max Drawdown (10Y) Largest decline over 10 years	-29.24%	-37.79%	+8.55%
Current Drawdown Current decline from peak	-7.26%	-4.57%	-2.69%
Average Drawdown Average peak-to-trough decline	-4.05%	-13.01%	+8.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.49%	+0.46%

Volatility

IHDG vs. DEM - Volatility Comparison

The current volatility for WisdomTree International Hedged Dividend Growth Fund (IHDG) is 6.19%, while WisdomTree Emerging Markets Equity Income Fund (DEM) has a volatility of 7.33%. This indicates that IHDG experiences smaller price fluctuations and is considered to be less risky than DEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHDG	DEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.19%	7.33%	-1.14%
Volatility (6M) Calculated over the trailing 6-month period	10.04%	10.05%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	17.28%	15.04%	+2.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.61%	15.23%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	18.01%	-2.32%