RISE vs. DEM

Last updated Jul 16, 2026

RISE (Pictet Emerging Markets Rising Economies ETF) and DEM (WisdomTree Emerging Markets Equity Income Fund) are both Emerging Markets Equities funds. RISE is actively managed, while DEM is passively managed. A 0.74 correlation means they provide meaningful diversification when combined. RISE charges 0.73%/yr vs 0.63%/yr for DEM.

Performance

RISE vs. DEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pictet Emerging Markets Rising Economies ETF (RISE) and WisdomTree Emerging Markets Equity Income Fund (DEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RISE

• 1D: -0.13%
• 1M: -2.37%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DEM

• 1D: -0.04%
• 1M: -3.04%
• 6M: 14.04%
• YTD: 17.31%
• 1Y: 23.31%
• 3Y*: 16.83%
• 5Y*: 9.89%
• 10Y*: 9.28%

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

RISE vs. DEM - Yearly Performance Comparison

	2026 (YTD)
RISE Pictet Emerging Markets Rising Economies ETF	-6.58%
DEM WisdomTree Emerging Markets Equity Income Fund	3.84%

Correlation

The correlation between RISE and DEM is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 23, 2026	0.74

Return for Risk

RISE vs. DEM — Risk / Return Rank

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

RISE

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

DEM

DEM Risk / Return Rank: 63
DEM Sharpe Ratio Rank: 58
DEM Sortino Ratio Rank: 57
DEM Omega Ratio Rank: 58
DEM Calmar Ratio Rank: 73
DEM Martin Ratio Rank: 66

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.

RISE vs. DEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pictet Emerging Markets Rising Economies ETF (RISE) 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.

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.

	RISE	DEM	Difference
Sharpe ratio: Return per unit of total volatility	—	1.59	—
Sortino ratio: Return per unit of downside risk	—	2.21	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.97	—
Martin ratio: Return relative to average drawdown	—	9.49	—

Drawdowns

RISE vs. DEM - Drawdown Comparison

The maximum RISE drawdown since its inception was -9.58%, smaller than the maximum DEM drawdown of -51.85%. Use the drawdown chart below to compare losses from any high point for RISE and DEM.

Drawdown Indicators

	RISE	DEM	Difference
Max Drawdown Largest peak-to-trough decline	-9.58%	-51.85%	+42.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.79%	—
Current Drawdown Current decline from peak	-6.94%	-3.37%	-3.57%
Average Drawdown Average peak-to-trough decline	-5.30%	-12.84%	+7.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.46%	—

Volatility

Volatility by Period

	RISE	DEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.56%	14.71%	+3.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.56%	15.57%	+2.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.56%	17.83%	+0.73%

RISE vs. DEM - Expense Ratio Comparison

RISE has a 0.73% expense ratio, which is higher than DEM's 0.63% expense ratio.

Dividends

RISE vs. DEM - Dividend Comparison

RISE's dividend yield for the trailing twelve months is around 0.49%, less than DEM's 4.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEM WisdomTree Emerging Markets Equity Income Fund	4.17%	4.88%	5.24%	5.49%	8.62%	5.87%	4.21%	4.78%	4.47%	3.67%	3.63%	5.21%
RISE Pictet Emerging Markets Rising Economies ETF	0.49%	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

Can I hold both RISE and DEM in my portfolio?

RISE and DEM have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RISE or DEM?

On fees, DEM is cheaper at 0.63% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RISE or DEM?

DEM is cheaper with a 0.63% expense ratio, compared with 0.73% for RISE.

Which ETF pays a higher dividend yield, RISE or DEM?

DEM has the higher dividend yield at 4.17%, compared with 0.49% for RISE.

What is the main difference between RISE and DEM?

They also come from different issuers: Pictet and WisdomTree. Their fees differ too: 0.73% for RISE and 0.63% for DEM.