DEM.L vs. QQQ3.L
DEM.L (WisdomTree Emerging Markets Equity Income UCITS ETF) and QQQ3.L (WisdomTree NASDAQ 100 3x Daily Leveraged) are both exchange-traded funds - DEM.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while QQQ3.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index (300%). Both are passively managed. Over the past 10 years, DEM.L returned 12.42%/yr vs 45.36%/yr for QQQ3.L. At a 0.45 correlation, their price movements are largely independent. DEM.L charges 0.46%/yr vs 0.75%/yr for QQQ3.L.
Performance
DEM.L vs. QQQ3.L - Performance Comparison
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Different Trading Currencies
DEM.L is traded in GBp, while QQQ3.L is traded in USD. To make them comparable, the QQQ3.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, DEM.L achieves a 19.41% return, which is significantly lower than QQQ3.L's 60.62% return. Over the past 10 years, DEM.L has underperformed QQQ3.L with an annualized return of 12.42%, while QQQ3.L has yielded a comparatively higher 45.36% annualized return.
DEM.L
- 1D
- 0.31%
- 1M
- 6.29%
- YTD
- 19.41%
- 6M
- 19.10%
- 1Y
- 31.60%
- 3Y*
- 18.95%
- 5Y*
- 12.77%
- 10Y*
- 12.42%
QQQ3.L
- 1D
- 0.00%
- 1M
- 29.95%
- YTD
- 60.62%
- 6M
- 54.67%
- 1Y
- 132.20%
- 3Y*
- 61.31%
- 5Y*
- 28.82%
- 10Y*
- 45.36%
DEM.L vs. QQQ3.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEM.L WisdomTree Emerging Markets Equity Income UCITS ETF | 19.41% | 12.71% | 11.70% | 18.04% | -2.59% | 15.16% | -6.66% | 17.84% | -1.94% | 14.47% |
QQQ3.L WisdomTree NASDAQ 100 3x Daily Leveraged | 56.69% | 18.54% | 62.70% | 194.03% | -77.15% | 89.15% | 103.95% | 120.21% | -16.62% | 95.74% |
Correlation
The correlation between DEM.L and QQQ3.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2014 | 0.45 |
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Return for Risk
DEM.L vs. QQQ3.L — Risk / Return Rank
DEM.L
QQQ3.L
DEM.L vs. QQQ3.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) and WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L). 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.
| DEM.L | QQQ3.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.41 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.80 | 3.66 | +1.13 |
| Martin ratioReturn relative to average drawdown | 16.63 | 10.76 | +5.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DEM.L | QQQ3.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.86 | -0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.97 | 0.48 | +0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.77 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.87 | -0.27 |
Drawdowns
DEM.L vs. QQQ3.L - Drawdown Comparison
The maximum DEM.L drawdown since its inception was -35.94%, smaller than the maximum QQQ3.L drawdown of -79.21%. Use the drawdown chart below to compare losses from any high point for DEM.L and QQQ3.L.
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Drawdown Indicators
| DEM.L | QQQ3.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.94% | -79.21% | +43.27% |
Max Drawdown (1Y)Largest decline over 1 year | -6.56% | -35.87% | +29.31% |
Max Drawdown (3Y)Largest decline over 3 years | -12.37% | -58.56% | +46.19% |
Max Drawdown (5Y)Largest decline over 5 years | -14.48% | -79.21% | +64.73% |
Max Drawdown (10Y)Largest decline over 10 years | -30.09% | -79.21% | +49.12% |
Current DrawdownCurrent decline from peak | -0.59% | 0.00% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -6.54% | -18.79% | +12.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 12.24% | -10.34% |
Volatility
DEM.L vs. QQQ3.L - Volatility Comparison
The current volatility for WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) is 4.23%, while WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L) has a volatility of 14.17%. This indicates that DEM.L experiences smaller price fluctuations and is considered to be less risky than QQQ3.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEM.L | QQQ3.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.23% | 14.17% | -9.94% |
Volatility (6M)Calculated over the trailing 6-month period | 9.73% | 33.76% | -24.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.09% | 45.99% | -32.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.31% | 60.34% | -47.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.47% | 58.55% | -42.08% |
DEM.L vs. QQQ3.L - Expense Ratio Comparison
DEM.L has a 0.46% expense ratio, which is lower than QQQ3.L's 0.75% expense ratio.
Dividends
DEM.L vs. QQQ3.L - Dividend Comparison
DEM.L's dividend yield for the trailing twelve months is around 3.72%, while QQQ3.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEM.L WisdomTree Emerging Markets Equity Income UCITS ETF | 3.72% | 4.47% | 11.82% | 9.48% | 7.05% | 4.14% | 9.14% | 6.10% | 4.19% | 3.16% | 1.48% | 4.55% |
QQQ3.L WisdomTree NASDAQ 100 3x Daily Leveraged | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DEM.L and QQQ3.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DEM.L is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DEM.L is cheaper with a 0.46% expense ratio, compared with 0.75% for QQQ3.L.
DEM.L is categorized as Emerging Markets Equities, while QQQ3.L is Nasdaq-100. DEM.L tracks MSCI EM NR USD, while QQQ3.L tracks NASDAQ-100 Index (300%). Their fees differ too: 0.46% for DEM.L and 0.75% for QQQ3.L.
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