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MEMA vs. DGS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

MEMA vs. DGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Man Active Emerging Markets Alternative ETF (MEMA) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MEMA achieves a 26.01% return, which is significantly higher than DGS's 14.53% return.


MEMA

1D
-1.65%
1M
5.93%
YTD
26.01%
6M
1Y
3Y*
5Y*
10Y*

DGS

1D
-1.37%
1M
2.58%
YTD
14.53%
6M
15.57%
1Y
27.26%
3Y*
16.17%
5Y*
7.85%
10Y*
9.93%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MEMA vs. DGS - Yearly Performance Comparison


Correlation

The correlation between MEMA and DGS is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (All Time)
Calculated using the full available price history since Dec 18, 2025

0.87

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Return for Risk

MEMA vs. DGS — Risk / Return Rank

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

MEMA

DGS
DGS Risk / Return Rank: 5151
Overall Rank
DGS Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
DGS Sortino Ratio Rank: 4949
Sortino Ratio Rank
DGS Omega Ratio Rank: 5050
Omega Ratio Rank
DGS Calmar Ratio Rank: 5454
Calmar Ratio Rank
DGS Martin Ratio Rank: 5353
Martin Ratio Rank
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.

MEMA vs. DGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Active Emerging Markets Alternative ETF (MEMA) 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.


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MEMA vs. DGS - Sharpe Ratio Comparison


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Sharpe Ratios by Period


MEMADGSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.76

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

Sharpe Ratio (All Time)

Calculated using the full available price history

3.03

0.23

+2.80

Drawdowns

MEMA vs. DGS - Drawdown Comparison

The maximum MEMA drawdown since its inception was -13.12%, smaller than the maximum DGS drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for MEMA and DGS.


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Drawdown Indicators


MEMADGSDifference

Max Drawdown

Largest peak-to-trough decline

-13.12%

-61.83%

+48.71%

Max Drawdown (1Y)

Largest decline over 1 year

-10.06%

Max Drawdown (3Y)

Largest decline over 3 years

-19.31%

Max Drawdown (5Y)

Largest decline over 5 years

-24.86%

Max Drawdown (10Y)

Largest decline over 10 years

-44.08%

Current Drawdown

Current decline from peak

-1.65%

-1.40%

-0.25%

Average Drawdown

Average peak-to-trough decline

-2.70%

-12.59%

+9.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.98%

Volatility

MEMA vs. DGS - Volatility Comparison


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Volatility by Period


MEMADGSDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.24%

Volatility (6M)

Calculated over the trailing 6-month period

13.03%

Volatility (1Y)

Calculated over the trailing 1-year period

25.81%

15.56%

+10.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.81%

14.87%

+10.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.81%

17.32%

+8.49%

MEMA vs. DGS - Expense Ratio Comparison

MEMA has a 0.85% expense ratio, which is higher than DGS's 0.58% expense ratio.


Dividends

MEMA vs. DGS - Dividend Comparison

MEMA has not paid dividends to shareholders, while DGS's dividend yield for the trailing twelve months is around 3.21%.


PositionTTM20252024202320222021202020192018201720162015
DGS
WisdomTree Emerging Markets SmallCap Dividend Fund
3.21%3.45%3.36%4.55%5.34%3.98%3.69%3.95%4.24%2.81%3.42%3.28%
MEMA
Man Active Emerging Markets Alternative ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


MEMA and DGS have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, DGS is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DGS is cheaper with a 0.58% expense ratio, compared with 0.85% for MEMA.

DGS has the higher dividend yield at 3.21%, compared with 0.00% for MEMA.

They also come from different issuers: Man Group and WisdomTree. Their fees differ too: 0.85% for MEMA and 0.58% for DGS.

Portfolio Optimizer

Find the right allocation for MEMA and DGS

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