Efficient co-fermentation of glucose and xylose remains a critical hurdle in second-generation bioethanol production. In this study, we evaluated two non-Saccharomyces yeasts—Wickerhamomyces anomalus UEMG-LF-Y2 and Diutina rugosa UEMG-LF-Y4—under mixed-sugar conditions. D. rugosa exhibited superior xylose metabolism and ethanol productivity, achieving a maximum volumetric productivity (Q_P) of 0.55 g/L·h in a medium containing 20 g/L glucose and 40 g/L xylose. Its highest ethanol yield (Y_P/S) reached 0.45 g EtOH/g sugar, comparable to results from engineered Saccharomyces cerevisiae strains. By contrast, W. anomalus displayed lower ethanol yields (0.24–0.34 g/g) and greater sensitivity to catabolite repression induced by 2-deoxyglucose (2-DG). Xylose consumption by D. rugosa exceeded 80% in high-xylose media, while W. anomalus left residual xylose under all tested conditions. A strong inverse correlation (r < −0.98) between ethanol accumulation and xylose uptake was observed, especially for W. anomalus, indicating ethanol-induced inhibition as a key challenge. These findings highlight the potential of D. rugosa as a robust non-Saccharomyces platform for lignocellulosic bioethanol processes, whereas W. anomalus may benefit from further metabolic or process optimizations. Future research should address ethanol tolerance, inhibitory byproducts, and large-scale feasibility to fully exploit these strains for second-generation bioethanol production.