DGSD.L vs. QQQ3.L

Last updated Jul 16, 2026

DGSD.L (WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist)) and QQQ3.L (WisdomTree NASDAQ 100 3x Daily Leveraged) are both exchange-traded funds - DGSD.L is a Emerging Markets Equities fund tracking the WisdomTree Emerging Markets Smallcap Dividend UCITS Index, while QQQ3.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index (300%). Both are passively managed. Over the past 10 years, DGSD.L returned 8.37%/yr vs 42.93%/yr for QQQ3.L. A 0.59 correlation means they provide meaningful diversification when combined. DGSD.L charges 0.54%/yr vs 0.75%/yr for QQQ3.L.

Performance

DGSD.L vs. QQQ3.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) (DGSD.L) and WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGSD.L achieves a 9.94% return, which is significantly lower than QQQ3.L's 36.00% return. Over the past 10 years, DGSD.L has underperformed QQQ3.L with an annualized return of 8.37%, while QQQ3.L has yielded a comparatively higher 42.93% annualized return.

DGSD.L

• 1D: 0.15%
• 1M: -3.93%
• 6M: 6.06%
• YTD: 9.94%
• 1Y: 14.79%
• 3Y*: 12.72%
• 5Y*: 6.57%
• 10Y*: 8.37%

QQQ3.L

• 1D: -2.11%
• 1M: -12.36%
• 6M: 37.20%
• YTD: 36.00%
• 1Y: 67.92%
• 3Y*: 47.44%
• 5Y*: 18.45%
• 10Y*: 42.93%

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

DGSD.L vs. QQQ3.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGSD.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist)	9.94%	18.93%	2.14%	19.83%	-11.18%	12.82%	5.94%	15.75%	-15.06%	34.26%
QQQ3.L WisdomTree NASDAQ 100 3x Daily Leveraged	36.00%	27.63%	59.91%	209.50%	-79.58%	87.37%	131.34%	128.92%	-21.29%	114.27%

Correlation

The correlation between DGSD.L and QQQ3.L is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Nov 14, 2014	0.59

The correlation between DGSD.L and QQQ3.L shifts across timeframes, from 0.51 (3 years) to 0.63 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DGSD.L vs. QQQ3.L — Risk / Return Rank

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

DGSD.L

DGSD.L Risk / Return Rank: 35
DGSD.L Sharpe Ratio Rank: 33
DGSD.L Sortino Ratio Rank: 34
DGSD.L Omega Ratio Rank: 34
DGSD.L Calmar Ratio Rank: 37
DGSD.L Martin Ratio Rank: 38

QQQ3.L

QQQ3.L Risk / Return Rank: 45
QQQ3.L Sharpe Ratio Rank: 46
QQQ3.L Sortino Ratio Rank: 47
QQQ3.L Omega Ratio Rank: 43
QQQ3.L Calmar Ratio Rank: 45
QQQ3.L Martin Ratio Rank: 42

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.

DGSD.L vs. QQQ3.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) (DGSD.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DGSD.L	QQQ3.L	Difference
Sharpe ratio: Return per unit of total volatility	1.00	1.31	-0.31
Sortino ratio: Return per unit of downside risk	1.53	1.93	-0.41
Omega ratio: Gain probability vs. loss probability	1.19	1.23	-0.04
Calmar ratio: Return relative to maximum drawdown	1.60	1.88	-0.28
Martin ratio: Return relative to average drawdown	4.73	5.54	-0.80

DGSD.L vs. QQQ3.L - Sharpe Ratio Comparison

The current DGSD.L Sharpe Ratio is 1.00, which is comparable to the QQQ3.L Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of DGSD.L and QQQ3.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DGSD.L vs. QQQ3.L - Drawdown Comparison

The maximum DGSD.L drawdown since its inception was -43.76%, smaller than the maximum QQQ3.L drawdown of -81.35%. Use the drawdown chart below to compare losses from any high point for DGSD.L and QQQ3.L.

Drawdown Indicators

	DGSD.L	QQQ3.L	Difference
Max Drawdown Largest peak-to-trough decline	-43.76%	-81.35%	+37.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.30%	-35.92%	+26.62%
Max Drawdown (3Y) Largest decline over 3 years	-19.87%	-58.20%	+38.33%
Max Drawdown (5Y) Largest decline over 5 years	-25.55%	-81.35%	+55.80%
Max Drawdown (10Y) Largest decline over 10 years	-43.76%	-81.35%	+37.59%
Current Drawdown Current decline from peak	-3.93%	-15.02%	+11.09%
Average Drawdown Average peak-to-trough decline	-9.35%	-19.03%	+9.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	12.23%	-9.08%

Volatility

DGSD.L vs. QQQ3.L - Volatility Comparison

The current volatility for WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist) (DGSD.L) is 5.60%, while WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L) has a volatility of 18.22%. This indicates that DGSD.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.

Volatility by Period

	DGSD.L	QQQ3.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.60%	18.22%	-12.62%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	40.95%	-28.15%
Volatility (1Y) Calculated over the trailing 1-year period	14.93%	51.61%	-36.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.74%	62.99%	-48.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.37%	60.22%	-43.85%

DGSD.L vs. QQQ3.L - Expense Ratio Comparison

DGSD.L has a 0.54% expense ratio, which is lower than QQQ3.L's 0.75% expense ratio.

Dividends

DGSD.L vs. QQQ3.L - Dividend Comparison

DGSD.L's dividend yield for the trailing twelve months is around 3.18%, while QQQ3.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGSD.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF USD (Dist)	3.18%	2.90%	4.95%	3.38%	4.16%	2.95%	2.77%	3.15%	3.18%	1.18%	1.52%	3.39%
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

Can I hold both DGSD.L and QQQ3.L in my portfolio?

DGSD.L and QQQ3.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGSD.L or QQQ3.L?

On fees, DGSD.L is cheaper at 0.54% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGSD.L or QQQ3.L?

DGSD.L is cheaper with a 0.54% expense ratio, compared with 0.75% for QQQ3.L.

What is the main difference between DGSD.L and QQQ3.L?

DGSD.L is categorized as Emerging Markets Equities, while QQQ3.L is Nasdaq-100. DGSD.L tracks WisdomTree Emerging Markets Smallcap Dividend UCITS Index, while QQQ3.L tracks NASDAQ-100 Index (300%). Their fees differ too: 0.54% for DGSD.L and 0.75% for QQQ3.L.