UC79.L vs. DGSE.L

Last updated Jun 5, 2026

UC79.L (UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis) and DGSE.L (WisdomTree Emerging Markets SmallCap Dividend UCITS ETF) are both Emerging Markets Equities funds - UC79.L tracks the MSCI EM NR USD while DGSE.L tracks the MSCI Emerging Markets SMID NR USD. Both are passively managed. Over the past 10 years, UC79.L returned 10.59%/yr vs 6.84%/yr for DGSE.L. Their correlation of 0.80 suggests significant overlap in exposure. UC79.L charges 0.27%/yr vs 0.54%/yr for DGSE.L.

Performance

UC79.L vs. DGSE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.L) and WisdomTree Emerging Markets SmallCap Dividend UCITS ETF (DGSE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UC79.L achieves a 33.24% return, which is significantly higher than DGSE.L's 10.61% return. Over the past 10 years, UC79.L has outperformed DGSE.L with an annualized return of 10.59%, while DGSE.L has yielded a comparatively lower 6.84% annualized return.

UC79.L

• 1D: -1.64%
• 1M: 8.63%
• YTD: 33.24%
• 6M: 35.28%
• 1Y: 64.62%
• 3Y*: 24.35%
• 5Y*: 10.24%
• 10Y*: 10.59%

DGSE.L

• 1D: 0.15%
• 1M: 0.92%
• YTD: 10.61%
• 6M: 11.47%
• 1Y: 19.49%
• 3Y*: 8.09%
• 5Y*: 4.59%
• 10Y*: 6.84%

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

UC79.L vs. DGSE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UC79.L UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	33.24%	26.95%	10.88%	1.14%	-11.74%	0.32%	13.27%	6.70%	-5.60%	20.39%
DGSE.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF	10.61%	7.78%	-0.93%	9.14%	-4.67%	11.05%	-0.71%	8.36%	-12.58%	20.40%

Correlation

The correlation between UC79.L and DGSE.L is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Nov 21, 2014	0.80

The correlation between UC79.L and DGSE.L shifts across timeframes, from 0.66 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.

UC79.L vs. DGSE.L - Sectors Allocation Comparison

Sectors	UC79.L	DGSE.L
Technology	38.0%	21.5%
Financial Services	22.6%	12.7%
Consumer Cyclical	11.0%	10.7%
Industrials	8.3%	15.7%
Communication Services	8.0%	3.3%
Healthcare	3.6%	5.0%
Basic Materials	3.3%	7.8%
Consumer Defensive	2.8%	8.2%
Real Estate	1.3%	9.2%
Utilities	1.0%	4.7%
Energy	0.2%	1.3%

Return for Risk

UC79.L vs. DGSE.L — Risk / Return Rank

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

UC79.L

UC79.L Risk / Return Rank: 52
UC79.L Sharpe Ratio Rank: 42
UC79.L Sortino Ratio Rank: 47
UC79.L Omega Ratio Rank: 90
UC79.L Calmar Ratio Rank: 51
UC79.L Martin Ratio Rank: 31

DGSE.L

DGSE.L Risk / Return Rank: 43
DGSE.L Sharpe Ratio Rank: 42
DGSE.L Sortino Ratio Rank: 44
DGSE.L Omega Ratio Rank: 43
DGSE.L Calmar Ratio Rank: 45
DGSE.L Martin Ratio Rank: 43

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.

UC79.L vs. DGSE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.L) and WisdomTree Emerging Markets SmallCap Dividend UCITS ETF (DGSE.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.

	UC79.L	DGSE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.46	-0.02
Sortino ratio: Return per unit of downside risk	2.27	2.16	+0.11
Omega ratio: Gain probability vs. loss probability	1.57	1.27	+0.30
Calmar ratio: Return relative to maximum drawdown	2.48	2.19	+0.29
Martin ratio: Return relative to average drawdown	4.47	6.68	-2.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UC79.L vs. DGSE.L - Sharpe Ratio Comparison

The current UC79.L Sharpe Ratio is 1.44, which is comparable to the DGSE.L Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of UC79.L and DGSE.L, 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

	UC79.L	DGSE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	1.46	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.34	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.44	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.32	-0.18

Drawdowns

UC79.L vs. DGSE.L - Drawdown Comparison

The maximum UC79.L drawdown since its inception was -53.04%, which is greater than DGSE.L's maximum drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for UC79.L and DGSE.L.

Drawdown Indicators

	UC79.L	DGSE.L	Difference
Max Drawdown Largest peak-to-trough decline	-53.04%	-35.43%	-17.61%
Max Drawdown (1Y) Largest decline over 1 year	-25.91%	-8.87%	-17.04%
Max Drawdown (3Y) Largest decline over 3 years	-25.91%	-18.85%	-7.06%
Max Drawdown (5Y) Largest decline over 5 years	-25.91%	-18.85%	-7.06%
Max Drawdown (10Y) Largest decline over 10 years	-39.46%	-35.43%	-4.03%
Current Drawdown Current decline from peak	-2.45%	-1.82%	-0.63%
Average Drawdown Average peak-to-trough decline	-21.80%	-7.71%	-14.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.42%	2.91%	+11.51%

Volatility

UC79.L vs. DGSE.L - Volatility Comparison

UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.L) has a higher volatility of 8.44% compared to WisdomTree Emerging Markets SmallCap Dividend UCITS ETF (DGSE.L) at 4.43%. This indicates that UC79.L's price experiences larger fluctuations and is considered to be riskier than DGSE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UC79.L	DGSE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.44%	4.43%	+4.01%
Volatility (6M) Calculated over the trailing 6-month period	15.21%	11.24%	+3.97%
Volatility (1Y) Calculated over the trailing 1-year period	44.59%	13.29%	+31.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.99%	13.37%	+11.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.01%	15.72%	+9.29%

UC79.L vs. DGSE.L - Expense Ratio Comparison

UC79.L has a 0.27% expense ratio, which is lower than DGSE.L's 0.54% expense ratio.

Dividends

UC79.L vs. DGSE.L - Dividend Comparison

UC79.L's dividend yield for the trailing twelve months is around 1.59%, more than DGSE.L's 0.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGSE.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF	0.03%	0.03%	0.05%	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%	0.02%	0.01%	0.03%
UC79.L UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	1.59%	2.14%	1.79%	2.38%	2.06%	1.35%	1.81%	2.11%	2.11%	1.97%	2.15%	1.60%

Frequently Asked Questions

Can I hold both UC79.L and DGSE.L in my portfolio?

UC79.L and DGSE.L have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UC79.L or DGSE.L?

On fees, UC79.L is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UC79.L or DGSE.L?

UC79.L is cheaper with a 0.27% expense ratio, compared with 0.54% for DGSE.L.

What is the main difference between UC79.L and DGSE.L?

UC79.L tracks MSCI EM NR USD, while DGSE.L tracks MSCI Emerging Markets SMID NR USD. They also come from different issuers: UBS and WisdomTree. Their fees differ too: 0.27% for UC79.L and 0.54% for DGSE.L.