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Original announcement of DEM fund

Nov 01, 2007
WisdomTree launched a new dividend-weighted emerging markets ETF on July 13 that boasts an eye-popping 6.47 percent index yield. The Wisdom Tree Emerging Markets High-Yielding Equity Fund (NYSE: DEM) debuted on the New York Stock Exchange (NYSE). On a backtested basis, it has a generally positive record against the benchmark MSCI Emerging Markets Index, although it lags on a 5-year basis.

L4D NOTE: IT says that DEM lags on a 5 year basis. I wonder if this is total return (capital appreciation + dividends) or just price return?