DEM vs DIEM: Grades, Fees and Holdings Compared

WisdomTree Emerging Markets High Dividend Fund

DEMBNYSE Arca

Franklin Emerging Market Core Dividend Tilt Index ETF

DIEMBNYSE Arca

Overlap

25.5%by weight

Expense ratio

DIEM −0.44pt a year

DEM0.63%DIEM0.19%

Avg volume · 30D

DEM 9.7×the volume

DEM231KDIEM23.8K

10Y return · a year

DEM +0.7pt

DEM+8.6%DIEM+7.9%

DEM vs DIEM Performance

Oct 29, 2021 – Oct 30, 2026

+59.3%DEM+64.1%DIEM

Expense ratio: DEM 0.63%; DIEM 0.19%, better
Fund size: DEM $3.98B; DIEM $92M
1Y total return: DEM +18.8%; DIEM +21.8%, better
Yield (12M): DEM 3.40%, better; DIEM 2.87%
Holdings: DEM 559; DIEM 552
Avg volume (30D): DEM 231K sh, better; DIEM 23.8K sh
NAV per share: DEM $52.83; DIEM $39.82
52W range

ETF.net Grade

Pillar letters and Scores for DEM, DIEM, with each pillar’s weight
Pillar	DEM	DIEM
Cost30% weight	F19	A93Higher
Mission25% weight	A99Higher	A76
Risk15% weight	B66Higher	C40
Tradability15% weight	A92Higher	C47
Holdings10% weight	B67Higher	C43
Durability5% weight	A75Higher	C53

Rank among Emerging Markets Dividend Index funds

How we build Categories ›

Same Category. DEM and DIEM are both graded against the same 10 Emerging Markets Dividend Index funds, so their Grades compare head to head.

Emerging Markets Dividend Index⁠

Category · 10 funds

See all 10 ›

DIEM ranks 3rd and DEM 4th of 10 funds in the Emerging Markets Dividend Index Category.

Rank 1ADVYEiShares Emerging Markets Dividend ETFScore 70
Rank 1AEDIVState Street SPDR S&P Emerging Markets Dividend ETFScore 70
Rank 3BDIEMFranklin Emerging Market Core Dividend Tilt Index ETFScore 66
Rank 4BDEMWisdomTree Emerging Markets High Dividend FundScore 64
Rank 4BDGSWisdomTree Emerging Markets SmallCap Dividend FundScore 64

Our read on each fund

ETF.net Research

DEMBWisdomTree Emerging Markets High Dividend Fund

DIEMBFranklin Emerging Market Core Dividend Tilt Index ETF

In short

DEM One of the original emerging-market dividend ETFs (2007). DEM ranks EM payers by yield, keeps only the top slice, then weights them by the actual dollars of dividends they pay. Income-first EM, not market-cap EM.

DIEM Most emerging-market dividend funds hunt the fattest yields. DIEM starts from a broad EM benchmark and leans toward payers instead, keeping the market's shape intact, for a fraction of what its dividend-focused rivals charge.

Stated mandate

DEM The fund seeks to track high-dividend-yielding companies in emerging markets and provides targeted emerging-market all-cap equity exposure.

DIEM The Fund seeks to track, before fees and expenses, the Morningstar Emerging Markets Dividend Enhanced Select Index.

Why people hold it

DEM Launched in 2007, it is one of the earliest EM high-dividend funds and has grown into a multi-billion-dollar portfolio spread across roughly 500 stocks.
Weights companies by the cash dividends they actually pay, so dividend dollars rather than market cap drive the portfolio, with weights reset at the annual screening.sec.gov
The screen is strict: only the highest-yielding 30% of WisdomTree's emerging-market dividend universe makes the index.sec.gov
Hugs its index closely and sits among the easier funds in its peer group to get in and out of.

DIEM At 0.19% a year it's the cheapest fund in its emerging-market dividend cohort, roughly a third of the group's median fee.
Tilt, not lurch: the index takes a broad emerging-market parent benchmark and optimizes for higher dividend yield while limiting expected tracking error back to it.yahoo.com franklintempleton.com
Roughly 200 holdings spread across emerging markets, with income paid quarterly.

Worth knowing

DEM At 0.63% a year it runs a touch above the typical fund in its peer group, and roughly triple index-tilt rival DIEM at 0.19%.
Buying dividend dollars pulls the basket toward the biggest payers in a handful of countries and sectors; the index applies country and sector caps at each annual screening.sec.gov
Payouts arrive quarterly and move with emerging-market dividends and currencies; a company paying today can stop paying tomorrow.wisdomtree.com

DIEM Thinly traded next to the category's household names, so spreads can run wider and larger orders need more care.
It launched in 2016 under a different name and mandate; the dividend-tilt index arrived in 2022, so the earliest track record reflects a different strategy.cbonds.com
The income lean is bounded by design. Staying close to the parent index means less yield punch than funds that screen only for the highest payers.yahoo.com

Full DEM profile⁠

Full DIEM profile⁠

DEM vs DIEM Holdings

How DEM and DIEM differ

Overlap by weight

25.5%

Shared holdings make up 55.5% of DEM and 29.4% of DIEM.

Level by level

Holdings148 in both25.5%
Countryby domicile74.1%
Sector11 Sectors78.7%
Asset classEquity100%

Sector

Sector weights in DEM and DIEM, widest gap first
Sector	More in DEMMore in DIEM	DEM	DIEM
Technology	DIEM +19.6 points	22.9%	42.5%
Industrials	DEM +6.0 points	9.7%	3.7%
Energy	DEM +5.6 points	10.1%	4.5%
Consumer Staples	DEM +4.3 points	7.1%	2.8%
Financials	DEM +1.9 points	26.0%	24.1%
Communication	DIEM +1.7 points	3.9%	5.6%
Real Estate	DEM +1.7 points	3.4%	1.7%
Utilities	DEM +1.1 points	4.4%	3.3%
Health Care	DEM +0.6 points	1.4%	0.8%
Consumer Discretionary	DEM +0.1 points	6.2%	6.1%
Materials	Same weight	5.0%	5.0%

Country, concentration and asset class

Country by domicile

Country weights in DEM and DIEM, widest gap first
Country	More in DEMMore in DIEM	DEM	DIEM
Taiwan	DIEM +10.3 points	20.5%	30.8%
South Korea	DIEM +10.1 points	7.0%	17.1%
South Africa	DEM +5.9 points	11.1%	5.2%
China	DEM +5.3 points	26.1%	20.8%
Poland	DEM +4.0 points	4.0%	0.0%
Mexico	DEM +3.8 points	5.4%	1.6%
India	DIEM +3.2 points	6.2%	9.4%
Thailand	DEM +3.0 points	4.7%	1.7%
Other countries (12)	DEM +1.5 points	14.9%	13.4%

Outside the US: DEM 0% developed, 100% emerging. DIEM 1% developed, 99% emerging.

Concentration

Weight in the 10 largest Holdings

DEM23.4%
DIEM33.0%

Securities held

DEM538
DIEM549

Asset class

DEM: Equity
DIEM: Equity

Holdings

Only in DEM390
In both148
Only in DIEM401

Only in DEM

390 securities, 45.6% of DEM by weight

Industrial & Commercial Bank of China-H2.47%
Petroleo Brasileiro SA2.41%
Sar1.52%
Orlen SA1.30%
PKO Bank Polski SA1.08%
National Commercial Bank0.96%
Fomento Economico Mexicano SAB0.95%
China Shenhua Energy Co Ltd0.82%
China Petroleum & Chemical Corp H0.63%
KT&G Corp0.54%
Grupo Aeroportuario del Pacific0.51%
Kookmin Bank0.50%
Advanced Info Service PCL - NVDR0.44%
Saudi Arabian Fertilizer Co0.43%
Sibanye Stillwater Ltd0.40%
Tupras Turkiye Petrol Rafine0.39%
Growthpoint Properties Ltd0.39%
Richter Gedeon Nyrt0.38%
Hana Financial Group Inc0.37%
Highwealth Construction Corp0.34%
Cia Paranaense de Energia0.34%
Shinhan Financial Group Ltd0.33%
Kuwaiti Dinar0.33%
Adnoc Gas PLC0.32%
Redefine Properties Ltd0.30%
Bank Pekao SA0.30%
InnoLux Corp0.29%
Agricultural Bank of China Ltd0.27%
Ultrapar Participacoes SA0.26%
Grupo Aeroportuario del Centro0.26%
Aluminum Corp of China Ltd0.25%
Yanzhou Energy Group Co Ltd-H0.24%
Tingyi Cayman Islands Holding0.24%
Abu Dhabi National Oil Co0.24%
Asseco Poland SA0.23%
Magyar Telekom Telecommunicatiions0.23%
Kimberly-Clark de Mexico SAB d0.22%
Thaifoods Group PCL-Nvdr0.22%
Air Arabia PJSC0.22%
Far Eastern New Century Corp0.22%
Tiger Brands Ltd0.22%
Eva Airways Corp0.21%
AVI Ltd0.20%
Synnex Technology International Corp0.20%
MISC Bhd0.19%
Woolworths Holdings Ltd/South0.18%
Eclat Textile Co Ltd0.18%
Powszechny Zaklad Ubezpieczen0.18%
Adaro Andalan Indonesia Pt0.17%
Hyundai Elevator Co Ltd0.17%

Only in DIEM

401 securities, 70.5% of DIEM by weight

Taiwan Semiconductor Manu13.83%
Samsung Electronics Co Lt6.04%
Sk Hynix Inc4.65%
Tencent Holdings Ltd1.46%
Alibaba Group Holding Ltd1.40%
Samsung Electronics-Pref0.79%
Itau Unibanco Holding S-P0.79%
Vale SA0.75%
The Saudi National Bank0.71%
Petrobras - Petroleo Bras0.68%
National Bank of Kuwait0.64%
Petrobras - Petroleo Bras0.58%
First Abu Dhabi Bank Pjsc0.58%
Hdfc Bank Limited0.56%
Bank of China Ltd-H0.55%
Credicorp Ltd0.54%
Jd.com Inc-Class A0.52%
Emirates Telecom Group Co0.51%
Emirates Nbd Pjsc0.50%
Kweichow Moutai Co Ltd-A0.48%
Samsung Electro-Mechanics0.45%
Kia Corp0.45%
Cathay Financial Holding0.45%
Delta Electronics Inc0.44%
Sk Square Co Ltd0.44%
Netease Inc0.44%
Valterra Platinum Limited0.43%
Ase Technology Holding Co0.42%
China Life Insurance Co-H0.41%
Wistron Corp0.41%
Lite-On Technology Corp0.40%
Ntpc Ltd0.40%
Ultratech Cement Ltd0.39%
Tata Steel Ltd0.37%
Banco Bradesco Sa-Pref0.35%
Abu Dhabi Commercial Bank0.35%
Wiwynn Corp0.33%
Yageo Corporation0.33%
Anta Sports Products Ltd0.33%
Zijin Mining Group Co Ltd0.33%
Power Grid Corp of India0.32%
Tech Mahindra Ltd0.32%
Mtn Group Ltd0.32%
Realtek Semiconductor Cor0.31%
Boc Hong Kong Holdings Lt0.30%
China Resources Land Ltd0.29%
Saudi Basic Industries Co0.29%
Geely Automobile Holdings0.29%
Arca Continental Sab De C0.28%
Unimicron Technology Corp0.28%

Weight gaps

The 100 widest of 148 Holdings in both funds.

Holding weights in DEM and DIEM, widest gap first
Holding	More in DEMMore in DIEM	DEM	DIEM
China Construction Bank-H	DEM +4.05 points	4.08%	0.03%
Midea Group Co Ltd	DEM +2.03 points	2.21%	0.18%
Hyundai Motor Co	DEM +1.58 points	1.85%	0.27%
Grupo Financiero Banorte-O	DEM +1.48 points	2.25%	0.77%
Industrial Bank Co Ltd -A	DEM +1.31 points	1.43%	0.12%
MediaTek Inc	DEM +1.27 points	2.76%	1.49%
Hon Hai Precision Industry Co	DEM +0.87 points	2.08%	1.21%
Ping An Insurance Group Co of China	DEM +0.82 points	1.57%	0.75%
Emaar Properties PJSC	DEM +0.80 points	1.28%	0.48%
Saudi Arabian Oil Co	DEM +0.77 points	1.67%	0.90%
Gold Fields Ltd	DEM +0.72 points	1.25%	0.53%
PetroChina Co Ltd	DEM +0.55 points	1.31%	0.76%
United Microelectronics Corp	DEM +0.49 points	0.94%	0.45%
Quanta Computer Inc	DEM +0.47 points	1.16%	0.69%
Ambev S.A.	DEM +0.44 points	0.72%	0.28%
Bank Rakyat Indonesia	DEM +0.42 points	0.67%	0.25%
Saudi Telecom Co	DEM +0.39 points	0.93%	0.54%
CTBC Financial Holding Co Ltd	DEM +0.38 points	1.35%	0.97%
CITIC Ltd	DEM +0.38 points	0.58%	0.20%
Infosys Ltd	DEM +0.37 points	1.41%	1.04%
Impala Platinum Holdings Ltd	DEM +0.35 points	0.37%	0.02%
Mobile Telecommunications Co	DEM +0.34 points	0.46%	0.12%
Ptt Pcl - Nvdr	DEM +0.31 points	0.58%	0.27%
Coal India Ltd	DEM +0.29 points	0.52%	0.23%
Oil & Natural Gas Corp Ltd	DEM +0.26 points	0.51%	0.25%
Axia Energia	DEM +0.26 points	0.52%	0.26%
Evergreen Marine Corp Taiwan Ltd	DEM +0.24 points	0.47%	0.23%
ITC Ltd	DEM +0.24 points	0.45%	0.21%
Zhengzhou Yutong Bus Co Ltd	DEM +0.23 points	0.25%	0.02%
ABSA Group Ltd	DEM +0.22 points	0.50%	0.28%
Riyad Bank	DIEM +0.22 points	0.04%	0.26%
Fubon Financial Holding Co Ltd	DEM +0.21 points	0.52%	0.31%
Bank of Communications Co Ltd	DIEM +0.21 points	<0.01%	0.22%
Northam Platinum Holdings Ltd	DEM +0.20 points	0.31%	0.11%
Public Bank BHD	DIEM +0.20 points	0.26%	0.46%
Fibra Uno Administracion SA de	DEM +0.19 points	0.32%	0.13%
HD Korea Shipbuilding & Maring Engineering Co Ltd	DEM +0.20 points	0.40%	0.20%
Emirates Integrated Telecommun	DEM +0.19 points	0.31%	0.12%
Huaneng Power Intl Inc	DEM +0.18 points	0.26%	0.08%
Indian Oil Corp Ltd	DEM +0.19 points	0.32%	0.13%
HCL Technologies Ltd	DEM +0.18 points	0.60%	0.42%
Jarir Marketing Co	DEM +0.18 points	0.25%	0.07%
Kasikornbank PCL - NVDR	DIEM +0.17 points	0.05%	0.22%
PTT Explor & Prod PCL-NVDR	DEM +0.18 points	0.35%	0.17%
Asustek Computer Inc	DEM +0.17 points	0.68%	0.51%
Bank Mandiri Persero Tbk PT	DEM +0.16 points	0.35%	0.19%
Vodacom Group Pty Ltd	DEM +0.17 points	0.30%	0.13%
Hindustan Petroleum Corp Ltd	DEM +0.16 points	0.25%	0.09%
RHB Bank Bhd	DIEM +0.16 points	0.03%	0.19%
Qatar National Bank SAQ	DIEM +0.16 points	0.34%	0.50%
ENN Energy Holdings Ltd	DEM +0.16 points	0.27%	0.11%
Shanxi Xinghuacun Fen Wine FacTory Co	DEM +0.16 points	0.21%	0.05%
Midea Group Co Ltd-H	DEM +0.15 points	0.31%	0.15%
Postal Savings Bank of China Co Ltd - H Shares	DIEM +0.16 points	0.06%	0.22%
Korea Electric Power Corp	DEM +0.16 points	0.29%	0.13%
Sanlam Ltd	DIEM +0.15 points	0.09%	0.24%
B3 Sa-Brasil Bolsa Balcao	DIEM +0.15 points	0.14%	0.29%
H World Group Ltd	DEM +0.15 points	0.39%	0.24%
Haier Smart Home Co Ltd-H	DEM +0.15 points	0.30%	0.15%
Emaar Development PJSC	DEM +0.15 points	0.22%	0.07%
Ooredoo QSC	DEM +0.14 points	0.24%	0.10%
Etihad Etisalat Co	DEM +0.14 points	0.29%	0.15%
Banco de Chile	DIEM +0.14 points	0.07%	0.21%
Shandong Nanshan Aluminum Co Ltd	DEM +0.13 points	0.15%	0.02%
Tata Consultancy Services Ltd	DEM +0.14 points	0.84%	0.70%
Nedbank Group Ltd	DIEM +0.13 points	0.06%	0.19%
Zoomlion Heavy Industry S-A	DEM +0.13 points	0.14%	0.01%
Dubai Electricity & Water Au	DEM +0.13 points	0.29%	0.16%
Fuyao Glass Industry Group Co Ltd-H	DEM +0.13 points	0.21%	0.08%
CIMB Group Holdings BHD	DIEM +0.12 points	0.25%	0.37%
MR DIY Group M Bhd	DEM +0.12 points	0.15%	0.03%
Novatek Microelectronics Corp	DEM +0.11 points	0.39%	0.28%
Datang International Power Gen	DEM +0.11 points	0.13%	0.02%
United Tractors Tbk PT	DEM +0.11 points	0.16%	0.05%
Aneka Tambang Tbk PT	DEM +0.12 points	0.15%	0.03%
Uni-President China Holdings Ltd	DEM +0.11 points	0.14%	0.03%
PICC Property & Casualty Co Lt	DIEM +0.11 points	0.24%	0.34%
NMDC Ltd	DEM +0.11 points	0.17%	0.06%
Qatar Electricity & Water Co	DEM +0.11 points	0.16%	0.05%
True Corp Pcl/New-NVDR	DEM +0.11 points	0.25%	0.14%
Krung Thai Bank PCL - NVDR	DIEM +0.11 points	0.01%	0.12%
Charoen Pokphand Indonesia PT	DEM +0.10 points	0.13%	0.03%
Malayan Banking Bhd	DEM +0.10 points	0.57%	0.47%
Bidvest Group Ltd	DEM +0.10 points	0.22%	0.12%
Banque Saudi Fransi	DIEM +0.10 points	0.06%	0.16%
CPFL Energia SA	DEM +0.10 points	0.14%	0.04%
Hisense Home Appliances Grp Ltd	DEM +0.09 points	0.10%	0.01%
Tianshan Aluminum Group Co-A	DEM +0.09 points	0.11%	0.02%
Tofas Turk Otomobil Fabrikasi	DEM +0.09 points	0.10%	0.01%
Chuangxin Industries Holding	DEM +0.09 points	0.11%	0.02%
Petronas Gas BHD	DEM +0.08 points	0.19%	0.11%
Dubai Islamic Bank PJSC	DIEM +0.09 points	0.05%	0.14%
New China Life Insurance Co Ltd	DIEM +0.08 points	0.04%	0.12%
Outsurance Group Ltd	DIEM +0.09 points	0.03%	0.12%
Arab National Bank	DIEM +0.08 points	0.04%	0.12%
AMMB Holdings Bhd	DIEM +0.09 points	0.03%	0.12%
Huadian Power International Co	DEM +0.08 points	0.11%	0.03%
Petronas Dagangan BHD	DEM +0.08 points	0.13%	0.05%
Zhuzhou CRRC Times Electric Co	DEM +0.08 points	0.11%	0.03%
People S Insurance Co Grp H	DIEM +0.08 points	0.05%	0.13%

All 502 DEM holdings⁠All DIEM holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DEM vs DIEM Cost

Overpaying DEM vs DIEM

$8,407

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DEM 0.63%
$12,359
DIEM 0.19%
$3,952

Amount$10,000

Years30 years

Cost over time

DEM 0.63%
DIEM 0.19%
Overpaying

Year by year

Year	DEM	DIEM	Overpaying
10	$1,128	$347	$781
20	$4,311	$1,351	$2,960
30	$12,359	$3,952	$8,407

Expense ratio

0.63%DEM
0.19%DIEM, cheaper

DIEM0.19%DEM0.63%

0.19%0.66%

Middle half of Emerging Markets Dividend Index funds
Median 0.59%

DIEM cheapest of 10 funds

DEM 8th cheapest of 10 funds

DEM vs DIEM Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DEM 3.40%, better; DIEM 2.87%
Payout (12M): DEM $1.80; DIEM $1.13
Last payment: DEM $0.77; DIEM $0.23
Ex-dividend: DEM Sep 25, 2026; DIEM Sep 18, 2026
Paid on: DEM Sep 29, 2026; DIEM Sep 25, 2026
Frequency: DEM Quarterly; DIEM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DEMQuarterly · 37 paymentsAll DEM payments⁠

DIEMQuarterly · 29 paymentsAll DIEM payments⁠

DEM vs DIEM Risk

Fall from peak · 5 years

DEM
DIEM

Risk facts

VolatilityStd dev, 3 years: DEM 10.0%, betterDIEM 15.0%
Return per unit of riskSharpe ratio, 3 years: DEM 1.29DIEM 1.31, better
Worst fallMax drawdown, 5 years: DEM −27.1%, betterDIEM −33.3%
Market sensitivityBeta, 5 years: DEM 0.73DIEM 1.04; Market = 1

DEM and DIEM in the news

All news⁠

ETF Filings
Franklin Templeton files two enhanced ETFs to absorb its international core funds
Sep 18, 2026DIEM

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DEM vs DIEM

In short

Stated mandate

Why people hold it

Worth knowing

How DEM and DIEM differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DEM

Only in DIEM

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Franklin Templeton files two enhanced ETFs to absorb its international core funds

How DEM and DIEM differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DEM

Only in DIEM

Weight gaps