ROOT vs. DGS

Last updated Jun 5, 2026

ROOT (Root, Inc.) is a stock, while DGS (WisdomTree Emerging Markets SmallCap Dividend Fund) is Emerging Markets Diversified fund tracking the WisdomTree Emerging Markets SmallCap Dividend Index. Over the past 5 years, ROOT returned -20.99%/yr vs 7.97%/yr for DGS. At a 0.30 correlation, their price movements are largely independent.

Performance

ROOT vs. DGS - Performance Comparison

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

Returns By Period

In the year-to-date period, ROOT achieves a -27.12% return, which is significantly lower than DGS's 15.16% return.

ROOT

• 1D: 0.52%
• 1M: -4.12%
• YTD: -27.12%
• 6M: -35.42%
• 1Y: -60.71%
• 3Y*: 122.33%
• 5Y*: -20.99%
• 10Y*: —

DGS

• 1D: 0.55%
• 1M: 1.26%
• YTD: 15.16%
• 6M: 16.36%
• 1Y: 26.93%
• 3Y*: 16.28%
• 5Y*: 7.97%
• 10Y*: 9.88%

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

ROOT vs. DGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ROOT Root, Inc.	-27.12%	-0.50%	592.65%	133.41%	-91.95%	-80.27%	-41.81%
DGS WisdomTree Emerging Markets SmallCap Dividend Fund	15.16%	21.18%	1.13%	19.08%	-12.35%	15.33%	16.54%

Correlation

The correlation between ROOT and DGS is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020	0.30

Return for Risk

ROOT vs. DGS — Risk / Return Rank

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

ROOT

ROOT Risk / Return Rank: 9
ROOT Sharpe Ratio Rank: 7
ROOT Sortino Ratio Rank: 7
ROOT Omega Ratio Rank: 8
ROOT Calmar Ratio Rank: 9
ROOT Martin Ratio Rank: 16

DGS

DGS Risk / Return Rank: 52
DGS Sharpe Ratio Rank: 51
DGS Sortino Ratio Rank: 50
DGS Omega Ratio Rank: 51
DGS Calmar Ratio Rank: 55
DGS Martin Ratio Rank: 53

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.

ROOT vs. DGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Root, Inc. (ROOT) 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.

	ROOT	DGS	Difference
Sharpe ratio: Return per unit of total volatility	-0.90	1.74	-2.64
Sortino ratio: Return per unit of downside risk	-1.37	2.40	-3.77
Omega ratio: Gain probability vs. loss probability	0.84	1.32	-0.48
Calmar ratio: Return relative to maximum drawdown	-0.84	2.69	-3.53
Martin ratio: Return relative to average drawdown	-1.18	9.05	-10.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ROOT vs. DGS - Sharpe Ratio Comparison

The current ROOT Sharpe Ratio is -0.90, which is lower than the DGS Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of ROOT and DGS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ROOT	DGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.90	1.74	-2.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	0.54	-0.74
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.33	0.23	-0.56

Drawdowns

ROOT vs. DGS - Drawdown Comparison

The maximum ROOT drawdown since its inception was -99.29%, which is greater than DGS's maximum drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for ROOT and DGS.

Drawdown Indicators

	ROOT	DGS	Difference
Max Drawdown Largest peak-to-trough decline	-99.29%	-61.83%	-37.46%
Max Drawdown (1Y) Largest decline over 1 year	-72.22%	-10.06%	-62.16%
Max Drawdown (3Y) Largest decline over 3 years	-75.68%	-19.31%	-56.37%
Max Drawdown (5Y) Largest decline over 5 years	-98.57%	-24.86%	-73.71%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.08%	—
Current Drawdown Current decline from peak	-89.17%	-0.86%	-88.31%
Average Drawdown Average peak-to-trough decline	-83.78%	-12.58%	-71.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	51.40%	2.98%	+48.42%

Volatility

ROOT vs. DGS - Volatility Comparison

Root, Inc. (ROOT) has a higher volatility of 20.32% compared to WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) at 4.95%. This indicates that ROOT'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

	ROOT	DGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.32%	4.95%	+15.37%
Volatility (6M) Calculated over the trailing 6-month period	43.25%	13.04%	+30.21%
Volatility (1Y) Calculated over the trailing 1-year period	68.00%	15.57%	+52.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.22%	14.87%	+87.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.23%	17.31%	+82.92%

Dividends

ROOT vs. DGS - Dividend Comparison

ROOT has not paid dividends to shareholders, while DGS's dividend yield for the trailing twelve months is around 3.19%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGS WisdomTree Emerging Markets SmallCap Dividend Fund	3.19%	3.45%	3.36%	4.55%	5.34%	3.98%	3.69%	3.95%	4.24%	2.81%	3.42%	3.28%
ROOT Root, Inc.	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

Can I hold both ROOT and DGS in my portfolio?

ROOT and DGS have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ROOT or DGS?

ROOT has higher volatility (20.32%) compared to DGS (4.95%). In terms of maximum drawdown, ROOT dropped -99.29% vs DGS's -61.83%.

Which has better risk-adjusted returns?

DGS currently has the higher Sharpe Ratio (1.74 vs -0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.