DGSE.L vs. QQQ3.L
DGSE.L (WisdomTree Emerging Markets SmallCap Dividend UCITS ETF) and QQQ3.L (WisdomTree NASDAQ 100 3x Daily Leveraged) are both exchange-traded funds - DGSE.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets SMID 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, DGSE.L returned 6.84%/yr vs 45.36%/yr for QQQ3.L. A 0.51 correlation means they provide meaningful diversification when combined. DGSE.L charges 0.54%/yr vs 0.75%/yr for QQQ3.L.
Performance
DGSE.L vs. QQQ3.L - Performance Comparison
Loading charts...
Different Trading Currencies
DGSE.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, DGSE.L achieves a 10.61% return, which is significantly lower than QQQ3.L's 60.62% return. Over the past 10 years, DGSE.L has underperformed QQQ3.L with an annualized return of 6.84%, while QQQ3.L has yielded a comparatively higher 45.36% annualized return.
DGSE.L
- 1D
- 0.15%
- 1M
- 0.92%
- YTD
- 10.61%
- 6M
- 11.47%
- 1Y
- 19.49%
- 3Y*
- 8.09%
- 5Y*
- 4.59%
- 10Y*
- 6.84%
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%
DGSE.L vs. QQQ3.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DGSE.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF | 10.61% | 7.78% | -0.93% | 9.14% | -4.67% | 11.05% | -0.71% | 8.36% | -12.58% | 20.40% |
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 DGSE.L and QQQ3.L is 0.55, 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 | 0.55 |
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 | 0.49 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2014 | 0.51 |
The correlation between DGSE.L and QQQ3.L shifts across timeframes, from 0.41 (5 years) to 0.55 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DGSE.L vs. QQQ3.L — Risk / Return Rank
DGSE.L
QQQ3.L
DGSE.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 (DGSE.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.
| DGSE.L | QQQ3.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.41 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 3.66 | -1.48 |
| Martin ratioReturn relative to average drawdown | 6.68 | 10.76 | -4.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DGSE.L | QQQ3.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 2.86 | -1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.48 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.77 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.87 | -0.55 |
Drawdowns
DGSE.L vs. QQQ3.L - Drawdown Comparison
The maximum DGSE.L drawdown since its inception was -35.43%, smaller than the maximum QQQ3.L drawdown of -79.21%. Use the drawdown chart below to compare losses from any high point for DGSE.L and QQQ3.L.
Loading charts...
Drawdown Indicators
| DGSE.L | QQQ3.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.43% | -79.21% | +43.78% |
Max Drawdown (1Y)Largest decline over 1 year | -8.87% | -35.87% | +27.00% |
Max Drawdown (3Y)Largest decline over 3 years | -18.85% | -58.56% | +39.71% |
Max Drawdown (5Y)Largest decline over 5 years | -18.85% | -79.21% | +60.36% |
Max Drawdown (10Y)Largest decline over 10 years | -35.43% | -79.21% | +43.78% |
Current DrawdownCurrent decline from peak | -1.82% | 0.00% | -1.82% |
Average DrawdownAverage peak-to-trough decline | -7.71% | -18.79% | +11.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 12.24% | -9.33% |
Volatility
DGSE.L vs. QQQ3.L - Volatility Comparison
The current volatility for WisdomTree Emerging Markets SmallCap Dividend UCITS ETF (DGSE.L) is 4.43%, while WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L) has a volatility of 14.17%. This indicates that DGSE.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.
Loading charts...
Volatility by Period
| DGSE.L | QQQ3.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 14.17% | -9.74% |
Volatility (6M)Calculated over the trailing 6-month period | 11.24% | 33.76% | -22.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.29% | 45.99% | -32.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.37% | 60.34% | -46.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.72% | 58.55% | -42.83% |
DGSE.L vs. QQQ3.L - Expense Ratio Comparison
DGSE.L has a 0.54% expense ratio, which is lower than QQQ3.L's 0.75% expense ratio.
Dividends
DGSE.L vs. QQQ3.L - Dividend Comparison
DGSE.L's dividend yield for the trailing twelve months is around 0.03%, while QQQ3.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGSE.L WisdomTree Emerging Markets SmallCap Dividend UCITS ETF | 0.03% | 0.03% | 0.05% | 0.04% | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | 0.01% | 0.03% |
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
DGSE.L and QQQ3.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DGSE.L is cheaper at 0.54% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DGSE.L is cheaper with a 0.54% expense ratio, compared with 0.75% for QQQ3.L.
DGSE.L is categorized as Emerging Markets Equities, while QQQ3.L is Nasdaq-100. DGSE.L tracks MSCI Emerging Markets SMID NR USD, while QQQ3.L tracks NASDAQ-100 Index (300%). Their fees differ too: 0.54% for DGSE.L and 0.75% for QQQ3.L.
Find the right allocation for DGSE.L and QQQ3.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer