LDME.L vs. DGSD.L
LDME.L (L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist)) and DGSD.L (WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist)) are both Emerging Markets Equities funds - LDME.L tracks the FTSE Emerging All Cap ex CW ex TC ex REITS Dividend Growth with Quality Index while DGSD.L tracks the WisdomTree Emerging Markets Smallcap Dividend UCITS Index. Both are passively managed. Over the past 5 years, LDME.L returned 9.58%/yr vs 6.55%/yr for DGSD.L. A 0.72 correlation means they provide meaningful diversification when combined. LDME.L charges 0.45%/yr vs 0.54%/yr for DGSD.L.
Performance
LDME.L vs. DGSD.L - Performance Comparison
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Different Trading Currencies
LDME.L is traded in GBp, while DGSD.L is traded in USD. To make them comparable, the DGSD.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, LDME.L achieves a 10.73% return, which is significantly higher than DGSD.L's 7.51% return.
LDME.L
- 1D
- -0.96%
- 1M
- -5.18%
- 6M
- 6.28%
- YTD
- 10.73%
- 1Y
- 20.08%
- 3Y*
- 15.53%
- 5Y*
- 9.58%
- 10Y*
- —
DGSD.L
- 1D
- -1.26%
- 1M
- -6.90%
- 6M
- 2.88%
- YTD
- 7.51%
- 1Y
- 11.27%
- 3Y*
- 10.64%
- 5Y*
- 6.55%
- 10Y*
- 7.87%
LDME.L vs. DGSD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LDME.L L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) | 10.73% | 16.54% | 11.33% | 10.64% | -2.34% | 7,358.59% |
DGSD.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) | 7.51% | 10.46% | 3.93% | 13.84% | -0.62% | -0.42% |
Correlation
The correlation between LDME.L and DGSD.L is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021 | 0.72 |
The correlation between LDME.L and DGSD.L has been stable across timeframes, ranging from 0.65 to 0.72 - a consistent structural relationship.
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Return for Risk
LDME.L vs. DGSD.L — Risk / Return Rank
LDME.L
DGSD.L
LDME.L vs. DGSD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) (LDME.L) and WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) (DGSD.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.
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.
| LDME.L | DGSD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.15 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 1.37 | +1.74 |
| Martin ratioReturn relative to average drawdown | 8.15 | 4.04 | +4.11 |
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Drawdowns
LDME.L vs. DGSD.L - Drawdown Comparison
The maximum LDME.L drawdown since its inception was -14.82%, smaller than the maximum DGSD.L drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for LDME.L and DGSD.L.
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Drawdown Indicators
| LDME.L | DGSD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.82% | -31.19% | +16.37% |
Max Drawdown (1Y)Largest decline over 1 year | -6.44% | -8.20% | +1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -14.82% | -17.00% | +2.18% |
Max Drawdown (5Y)Largest decline over 5 years | -14.82% | -17.00% | +2.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.19% | — |
Current DrawdownCurrent decline from peak | -6.32% | -7.12% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -3.25% | -5.77% | +2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 2.78% | -0.32% |
Volatility
LDME.L vs. DGSD.L - Volatility Comparison
The current volatility for L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) (LDME.L) is 3.98%, while WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) (DGSD.L) has a volatility of 5.48%. This indicates that LDME.L experiences smaller price fluctuations and is considered to be less risky than DGSD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LDME.L | DGSD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 5.48% | -1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 9.82% | 12.54% | -2.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.14% | 14.55% | -2.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.65% | 13.66% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3,215.14% | 16.02% | +3,199.12% |
LDME.L vs. DGSD.L - Expense Ratio Comparison
LDME.L has a 0.45% expense ratio, which is lower than DGSD.L's 0.54% expense ratio.
Dividends
LDME.L vs. DGSD.L - Dividend Comparison
LDME.L's dividend yield for the trailing twelve months is around 2.88%, less than DGSD.L's 3.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGSD.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) | 3.26% | 2.90% | 4.95% | 3.38% | 4.16% | 2.95% | 2.77% | 3.15% | 3.18% | 1.18% | 1.52% | 3.39% |
LDME.L L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) | 2.88% | 3.04% | 3.67% | 3.56% | 4.57% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LDME.L and DGSD.L have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LDME.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LDME.L is cheaper with a 0.45% expense ratio, compared with 0.54% for DGSD.L.
LDME.L tracks FTSE Emerging All Cap ex CW ex TC ex REITS Dividend Growth with Quality Index, while DGSD.L tracks WisdomTree Emerging Markets Smallcap Dividend UCITS Index. They also come from different issuers: L&G and WisdomTree. Their fees differ too: 0.45% for LDME.L and 0.54% for DGSD.L.
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