I last covered the WisdomTree Emerging Markets High Dividend Fund ETF (NYSEARCA:DEM) in early 2022. In that article, I argued that DEM's diversified emerging market holdings, cheap valuations, and strong yield, made the fund a buy. DEM has since significantly outperformed most other emerging market equity funds, while matching the returns of the S&P 500. Although fund performance was reasonably good, I did expect stronger absolute returns and outperformance. DEM is an emerging market dividend index ETF, tracking the WisdomTree Emerging Markets High Dividend Index.
