DEM vs DVYE: Grades, Fees and Holdings Compared

WisdomTree Emerging Markets High Dividend Fund

DEMBNYSE Arca

iShares Emerging Markets Dividend ETF

DVYEANYSE Arca

Overlap

15.9%by weight

Expense ratio

DVYE −0.14pt a year

DEM0.63%DVYE0.49%

Avg volume · 30D

DEM 1.6×the volume

DEM231KDVYE141K

10Y return · a year

DEM +2.2pt

DEM+8.6%DVYE+6.4%

DEM vs DVYE Performance

Oct 29, 2021 – Oct 30, 2026

+59.3%DEM+29.9%DVYE

Expense ratio: DEM 0.63%; DVYE 0.49%, better
Fund size: DEM $3.98B; DVYE $1.14B
1Y total return: DEM +18.8%, better; DVYE +15.6%
Yield (12M): DEM 3.40%; DVYE 5.22%, better
Holdings: DEM 559; DVYE 128
Avg volume (30D): DEM 231K sh, better; DVYE 141K sh
NAV per share: DEM $52.83; DVYE $33.36
52W range

ETF.net Grade

Pillar letters and Scores for DEM, DVYE, with each pillar’s weight
Pillar	DEM	DVYE
Cost30% weight	F19	B66Higher
Mission25% weight	A99Higher	A83
Risk15% weight	B66Higher	B64
Tradability15% weight	A92Higher	A75
Holdings10% weight	B67Higher	C54
Durability5% weight	A75	A76Higher

Rank among Emerging Markets Dividend Index funds

How we build Categories ›

Same Category. DEM and DVYE 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 ›

DVYE ranks 1st 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

DVYEAiShares Emerging Markets Dividend 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.

DVYE Running since 2012, it ranks emerging-market stocks by indicated dividend yield and holds the top 100. That yield-first screen pulls the portfolio toward the value corners of EM rather than the mega-cap tech names, at 0.49% a year.

Stated mandate

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

DVYE The Fund seeks to track an index of relatively high dividend-paying equities in emerging markets, providing exposure to dividend-focused emerging-market stocks.

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.

DVYE The index ranks EM stocks by indicated annual dividend yield and takes the top 100, with buffer rules that hold existing names in place instead of churning the roster each rebalance.ishares.com spglobal.com
0.49% with no waiver propping up the number, below the median fee in its category. Same sticker as EDIV at 0.49%.
Listed since 2012 and now a billion-dollar-plus fund that tracks its index closely, one of the stronger implementations among EM dividend ETFs.
Holds the stocks directly rather than using swaps, and sends income out to shareholders quarterly.ishares.com

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

DVYE Sorting by yield steers the book toward payers like financials and energy. Screening, buffering and weighting constraints trim the extremes, they do not erase the tilt.ishares.com spglobal.com
About 100 stocks means one country or sector can move results more than in a broad cap-weighted EM fund, and payouts move with what those companies declare.
Cheaper shelf-mates exist: DIEM charges 0.19% for a core dividend-tilt build, a gentler screen than the yield-ranked approach here.

Full DEM profile⁠

Full DVYE profile⁠

DEM vs DVYE Holdings

How DEM and DVYE differ

Overlap by weight

15.9%

Shared holdings make up 38.9% of DVYE and 16.4% of DEM.

Level by level

Holdings28 in both15.9%
Countryby domicile71.6%
Sector11 Sectors74.7%
Asset classEquity100%

Sector

Sector weights in DEM and DVYE, widest gap first
Sector	More in DEMMore in DVYE	DEM	DVYE
Technology	DEM +13.4 points	22.9%	9.5%
Energy	DVYE +9.5 points	10.1%	19.6%
Industrials	DVYE +6.1 points	9.7%	15.8%
Financials	DVYE +5.6 points	26.0%	31.6%
Consumer Staples	DEM +5.0 points	7.1%	2.1%
Consumer Discretionary	DEM +2.3 points	6.2%	3.9%
Communication	DEM +2.3 points	3.9%	1.6%
Materials	DVYE +2.2 points	5.0%	7.2%
Utilities	DVYE +1.9 points	4.4%	6.3%
Health Care	DEM +1.4 points	1.4%	0.0%
Real Estate	DEM +0.9 points	3.4%	2.5%

Country, concentration and asset class

Country by domicile

Country weights in DEM and DVYE, widest gap first
Country	More in DEMMore in DVYE	DEM	DVYE
Brazil	DVYE +14.6 points	7.3%	21.9%
South Korea	DEM +7.0 points	7.0%	0.0%
South Africa	DEM +6.3 points	11.1%	4.8%
Indonesia	DVYE +5.4 points	3.4%	8.8%
India	DEM +4.6 points	6.2%	1.6%
Colombia	DVYE +3.4 points	0.1%	3.5%
Taiwan	DEM +3.0 points	20.5%	17.5%
Hong Kong	DVYE +2.2 points	0.0%	2.2%
Other countries (9)	DEM +4.5 points	44.3%	39.8%

Outside the US: DEM 0% developed, 100% emerging. DVYE 3% developed, 97% emerging.

Concentration

Weight in the 10 largest Holdings

DEM23.4%
DVYE30.0%

Securities held

DEM538
DVYE105

Asset class

DEM: Equity
DVYE: Equity

Holdings

Only in DEM510
In both28
Only in DVYE77

Only in DEM

510 securities, 84.8% of DEM by weight

MediaTek Inc2.76%
Petroleo Brasileiro SA2.41%
Midea Group Co Ltd2.21%
Hon Hai Precision Industry Co2.08%
Hyundai Motor Co1.85%
Saudi Arabian Oil Co1.67%
Ping An Insurance Group Co of China1.57%
Sar1.52%
Industrial Bank Co Ltd -A1.43%
Infosys Ltd1.41%
CTBC Financial Holding Co Ltd1.35%
PetroChina Co Ltd1.31%
Emaar Properties PJSC1.28%
Gold Fields Ltd1.25%
Quanta Computer Inc1.16%
PKO Bank Polski SA1.08%
National Commercial Bank0.96%
Fomento Economico Mexicano SAB0.95%
United Microelectronics Corp0.94%
Saudi Telecom Co0.93%
Tata Consultancy Services Ltd0.84%
FirstRand Ltd0.78%
Ambev S.A.0.72%
Asustek Computer Inc0.68%
Standard Bank Group Ltd0.64%
HCL Technologies Ltd0.60%
Ptt Pcl - Nvdr0.58%
CITIC Ltd0.58%
KT&G Corp0.54%
Coal India Ltd0.52%
Axia Energia0.52%
Fubon Financial Holding Co Ltd0.52%
Oil & Natural Gas Corp Ltd0.51%
Grupo Aeroportuario del Pacific0.51%
ABSA Group Ltd0.50%
Kookmin Bank0.50%
Mobile Telecommunications Co0.46%
ITC Ltd0.45%
Advanced Info Service PCL - NVDR0.44%
Saudi Arabian Fertilizer Co0.43%
Sibanye Stillwater Ltd0.40%
HD Korea Shipbuilding & Maring Engineering Co Ltd0.40%
Tupras Turkiye Petrol Rafine0.39%
H World Group Ltd0.39%
Growthpoint Properties Ltd0.39%
China Merchants Bank Co Ltd0.38%
Richter Gedeon Nyrt0.38%
Hana Financial Group Inc0.37%
Impala Platinum Holdings Ltd0.37%
Bank Central Asia Tbk PT0.35%

Only in DVYE

77 securities, 60.3% of DVYE by weight

Petroleo Brasileiro Pref SA4.60%
Bank of China Ltd H2.68%
Cia Vale Do Rio Doce Sh2.52%
Cosco Shipping Holdings Ltd H2.30%
Sitc International Holdings Ltd2.16%
Ecopetrol SA2.11%
Yang Ming Marine Transport2.04%
Itausa Investimentos Itau Pref SA2.02%
Cia Energetica De Minas Gerais Pre1.79%
Coal India1.53%
Orient Overseas (International) Lt1.40%
Grupo Cibest Pref SA1.26%
Wpg Holdings1.25%
Exxaro Resources1.20%
Alamtri Resources Indonesia1.18%
Cez1.15%
Astra International1.09%
Jbs NV Bdr1.02%
Ternium Adr Each Representing Ten1.01%
Tambang Batubara Bukit Asam0.90%
Simplo Technology0.89%
Chicony Electronics Ltd0.89%
Wisdom Marine Lines Ltd0.85%
Grupa Kety0.85%
Autohome Ads Representing Inc Cla0.84%
Indo Tambangraya Megah0.77%
Komercni Bank0.77%
Sitronix Technology Corp0.70%
Bank Negara Indonesia0.68%
Truworths International0.68%
Fitipower Integrated Technology In0.67%
Systex Corp0.67%
China Merchants Port Holdings Ltd0.67%
Xtb0.63%
Bradespar Pref SA0.61%
Barwa Real Estate0.61%
Guangdong Investment Ltd0.61%
Marcopolo Pref0.58%
Supreme Electronics0.54%
Onewo Inc H0.53%
Direcional Engenharia0.51%
Telefonica Brasil SA0.51%
Kumba Iron Ore Ltd0.51%
Zhejiang Expressway Ltd H0.50%
Tisco Financial Group Non-Voting D0.48%
Dogus Otomotiv Servis Ve Ticaret A0.48%
Anhui Conch Cement H0.47%
Kiatnakin Phatra Bank Non-Voting D0.46%
Cyrela Brazil Realty SA0.45%
Csn Mineracao SA0.45%

Weight gaps

All 28 Holdings in both funds, largest gap first.

Holding weights in DEM and DVYE, widest gap first
Holding	More in DEMMore in DVYE	DEM	DVYE
Evergreen Marine Corp Taiwan Ltd	DVYE +3.68 points	0.47%	4.15%
Novatek Microelectronics Corp	DVYE +2.24 points	0.39%	2.63%
Bank Pekao SA	DVYE +1.43 points	0.30%	1.73%
BB Seguridade Participacoes SA	DVYE +1.36 points	0.19%	1.55%
Agricultural Bank of China Ltd	DVYE +1.31 points	0.27%	1.58%
Orlen SA	DVYE +1.00 points	1.30%	2.30%
China Shenhua Energy Co Ltd	DVYE +0.95 points	0.82%	1.77%
China CITIC Bank Corp Ltd	DVYE +0.94 points	0.08%	1.02%
Thaifoods Group PCL-Nvdr	DVYE +0.90 points	0.22%	1.12%
Bank Mandiri Persero Tbk PT	DVYE +0.86 points	0.35%	1.21%
Banco Del Bajio Sa	DVYE +0.80 points	0.01%	0.81%
Bank Rakyat Indonesia	DVYE +0.76 points	0.67%	1.43%
Everlight Electronics Co Ltd	DVYE +0.71 points	0.11%	0.82%
China Petroleum & Chemical Corp H	DVYE +0.69 points	0.63%	1.32%
Malayan Banking Bhd	DVYE +0.62 points	0.57%	1.19%
Yanzhou Energy Group Co Ltd-H	DVYE +0.59 points	0.24%	0.83%
Transmissora Alianca de Energia Eletrica SA	DVYE +0.57 points	0.15%	0.72%
United Tractors Tbk PT	DVYE +0.56 points	0.16%	0.72%
Dubai Islamic Bank PJSC	DVYE +0.50 points	0.05%	0.55%
China Construction Bank-H	DEM +0.48 points	4.08%	3.60%
Kindom Construction Co	DVYE +0.45 points	0.13%	0.58%
Cury Construtora E Inc	DVYE +0.38 points	0.12%	0.50%
CPFL Energia SA	DVYE +0.32 points	0.14%	0.46%
Banco Santander Brasil SA/Braz	DVYE +0.32 points	0.02%	0.34%
Grupo Financiero Banorte-O	DVYE +0.31 points	2.25%	2.56%
Huadian Power International Co	DVYE +0.29 points	0.11%	0.40%
Land and Houses PCL - NVDR	DVYE +0.24 points	0.06%	0.30%
Industrial & Commercial Bank of China-H	DVYE +0.23 points	2.47%	2.70%

All 502 DEM holdings⁠All 105 DVYE 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 DVYE Cost

Overpaying DEM vs DVYE

$2,567

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

DEM 0.63%
$12,359
DVYE 0.49%
$9,792

Amount$10,000

Years30 years

Cost over time

DEM 0.63%
DVYE 0.49%
Overpaying

Year by year

Year	DEM	DVYE	Overpaying
10	$1,128	$883	$245
20	$4,311	$3,394	$917
30	$12,359	$9,792	$2,567

Expense ratio

0.63%DEM
0.49%DVYE, cheaper

DVYE0.49%DEM0.63%

0.19%0.66%

Middle half of Emerging Markets Dividend Index funds
Median 0.59%

DVYE 3rd cheapest of 10 funds

DEM 8th cheapest of 10 funds

DEM vs DVYE Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DEM 3.40%; DVYE 5.22%, better
Payout (12M): DEM $1.80; DVYE $1.74
Last payment: DEM $0.77; DVYE $0.65
Ex-dividend: DEM Sep 25, 2026; DVYE Sep 15, 2026
Paid on: DEM Sep 29, 2026; DVYE Sep 18, 2026
Frequency: DEM Quarterly; DVYE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DEMQuarterly · 37 paymentsAll DEM payments⁠

DVYEQuarterly · 41 paymentsAll DVYE payments⁠

DEM vs DVYE Risk

Fall from peak · 5 years

DEM
DVYE

Risk facts

VolatilityStd dev, 3 years: DEM 10.0%, betterDVYE 12.0%
Return per unit of riskSharpe ratio, 3 years: DEM 1.29DVYE 1.34, better
Worst fallMax drawdown, 5 years: DEM −27.1%, betterDVYE −40.8%
Market sensitivityBeta, 5 years: DEM 0.73DVYE 0.49; Market = 1

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