5CH6.DE vs. QGRW

Last updated Jun 5, 2026

5CH6.DE (WisdomTree Short USD Long EUR 5x Daily EUR) and QGRW (WisdomTree U.S. Quality Growth Fund) are both exchange-traded funds - 5CH6.DE is a Leveraged Currency fund tracking the MSFXSM 5X Short US Dollar/Euro Total Return Index, while QGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Quality Growth Index. Both are passively managed. Over the past 3 years, 5CH6.DE returned -1.61%/yr vs 25.53%/yr for QGRW. At a correlation of -0.15, they often move in opposite directions. 5CH6.DE charges 0.98%/yr vs 0.28%/yr for QGRW.

Performance

5CH6.DE vs. QGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Short USD Long EUR 5x Daily EUR (5CH6.DE) and WisdomTree U.S. Quality Growth Fund (QGRW). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

5CH6.DE is traded in EUR, while QGRW is traded in USD. To make them comparable, the QGRW values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 5CH6.DE achieves a -11.22% return, which is significantly lower than QGRW's 16.74% return.

5CH6.DE

• 1D: 0.59%
• 1M: -6.14%
• YTD: -11.22%
• 6M: -7.28%
• 1Y: -8.26%
• 3Y*: -1.61%
• 5Y*: -19.66%
• 10Y*: -16.15%

QGRW

• 1D: 0.00%
• 1M: 6.91%
• YTD: 16.74%
• 6M: 14.16%
• 1Y: 33.89%
• 3Y*: 25.53%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

5CH6.DE vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
5CH6.DE WisdomTree Short USD Long EUR 5x Daily EUR	-11.22%	48.13%	-32.59%	1.09%	0.59%
QGRW WisdomTree U.S. Quality Growth Fund	12.48%	5.06%	43.75%	51.37%	-4.02%

Correlation

The correlation between 5CH6.DE and QGRW is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	-0.15
Correlation (All Time) Calculated using the full available price history since Dec 16, 2022	-0.15

Return for Risk

5CH6.DE vs. QGRW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

5CH6.DE

5CH6.DE Risk / Return Rank: 7
5CH6.DE Sharpe Ratio Rank: 7
5CH6.DE Sortino Ratio Rank: 7
5CH6.DE Omega Ratio Rank: 7
5CH6.DE Calmar Ratio Rank: 6
5CH6.DE Martin Ratio Rank: 6

QGRW

QGRW Risk / Return Rank: 46
QGRW Sharpe Ratio Rank: 50
QGRW Sortino Ratio Rank: 46
QGRW Omega Ratio Rank: 48
QGRW Calmar Ratio Rank: 41
QGRW Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

5CH6.DE vs. QGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Short USD Long EUR 5x Daily EUR (5CH6.DE) and WisdomTree U.S. Quality Growth Fund (QGRW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	5CH6.DE	QGRW	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	1.95	-2.18
Sortino ratio: Return per unit of downside risk	-0.13	2.52	-2.66
Omega ratio: Gain probability vs. loss probability	0.99	1.34	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.30	2.31	-2.61
Martin ratio: Return relative to average drawdown	-0.58	7.57	-8.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

5CH6.DE vs. QGRW - Sharpe Ratio Comparison

The current 5CH6.DE Sharpe Ratio is -0.24, which is lower than the QGRW Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of 5CH6.DE and QGRW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	5CH6.DE	QGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.24	1.95	-2.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.49	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.51	1.44	-1.96

Drawdowns

5CH6.DE vs. QGRW - Drawdown Comparison

The maximum 5CH6.DE drawdown since its inception was -95.83%, which is greater than QGRW's maximum drawdown of -28.68%. Use the drawdown chart below to compare losses from any high point for 5CH6.DE and QGRW.

Drawdown Indicators

	5CH6.DE	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-95.83%	-28.68%	-67.15%
Max Drawdown (1Y) Largest decline over 1 year	-23.57%	-14.75%	-8.82%
Max Drawdown (3Y) Largest decline over 3 years	-48.64%	-28.68%	-19.96%
Max Drawdown (5Y) Largest decline over 5 years	-79.13%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-90.59%	—	—
Current Drawdown Current decline from peak	-93.39%	-1.15%	-92.24%
Average Drawdown Average peak-to-trough decline	-79.77%	-4.18%	-75.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.16%	4.49%	+7.67%

Volatility

5CH6.DE vs. QGRW - Volatility Comparison

WisdomTree Short USD Long EUR 5x Daily EUR (5CH6.DE) has a higher volatility of 6.34% compared to WisdomTree U.S. Quality Growth Fund (QGRW) at 3.88%. This indicates that 5CH6.DE's price experiences larger fluctuations and is considered to be riskier than QGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	5CH6.DE	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.34%	3.88%	+2.46%
Volatility (6M) Calculated over the trailing 6-month period	20.38%	12.99%	+7.39%
Volatility (1Y) Calculated over the trailing 1-year period	30.29%	17.50%	+12.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.84%	21.72%	+18.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.90%	21.72%	+15.18%

5CH6.DE vs. QGRW - Expense Ratio Comparison

5CH6.DE has a 0.98% expense ratio, which is higher than QGRW's 0.28% expense ratio.

Dividends

5CH6.DE vs. QGRW - Dividend Comparison

5CH6.DE has not paid dividends to shareholders, while QGRW's dividend yield for the trailing twelve months is around 0.08%.

Position	TTM	2025	2024	2023
5CH6.DE WisdomTree Short USD Long EUR 5x Daily EUR	0.00%	0.00%	0.00%	0.00%
QGRW WisdomTree U.S. Quality Growth Fund	0.08%	0.09%	0.14%	0.11%

Frequently Asked Questions

Can I hold both 5CH6.DE and QGRW in my portfolio?

5CH6.DE and QGRW have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 5CH6.DE or QGRW?

On fees, QGRW is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 5CH6.DE or QGRW?

QGRW is cheaper with a 0.28% expense ratio, compared with 0.98% for 5CH6.DE.

What is the main difference between 5CH6.DE and QGRW?

5CH6.DE is categorized as Leveraged Currency, while QGRW is Large Cap Growth Equities. 5CH6.DE tracks MSFXSM 5X Short US Dollar/Euro Total Return Index, while QGRW tracks WisdomTree U.S. Quality Growth Index. Their fees differ too: 0.98% for 5CH6.DE and 0.28% for QGRW.