DODWX vs. QQQM
DODWX (Dodge & Cox Global Stock Fund Class I) and QQQM (Invesco NASDAQ 100 ETF) are both funds - DODWX is a Global Equities fund tracking the MSCI All Country World Index, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, DODWX returned 11.38%/yr vs 15.15%/yr for QQQM. Their 0.63 correlation means they have sometimes moved together and sometimes differently. DODWX charges 0.62%/yr vs 0.15%/yr for QQQM.
Performance
DODWX vs. QQQM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DODWX achieves a 13.60% return, which is significantly lower than QQQM's 18.13% return.
DODWX
- 1D
- 0.79%
- 1M
- 2.75%
- 6M
- 9.11%
- YTD
- 13.60%
- 1Y
- 25.83%
- 3Y*
- 15.83%
- 5Y*
- 11.38%
- 10Y*
- 12.08%
- ALL TIME*
- 8.20%
QQQM
- 1D
- 3.39%
- 1M
- 1.57%
- 6M
- 17.72%
- YTD
- 18.13%
- 1Y
- 28.99%
- 3Y*
- 25.64%
- 5Y*
- 15.15%
- 10Y*
- —
- ALL TIME*
- 17.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $1.11B | $953.12M | $1.21B |
DODWX vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DODWX Dodge & Cox Global Stock Fund Class I | 13.60% | 25.23% | 4.74% | 20.26% | -5.83% | 20.57% | 17.67% |
QQQM Invesco NASDAQ 100 ETF | 18.13% | 20.85% | 25.68% | 55.01% | -32.52% | 27.45% | 6.64% |
Correlation
The correlation between DODWX and QQQM is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.58 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020 | 0.63 |
The correlation between DODWX and QQQM shifts across timeframes, from 0.54 (1 year) to 0.66 (5 years), 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
DODWX vs. QQQM — Risk / Return Rank
DODWX
QQQM
DODWX vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Global Stock Fund Class I (DODWX) and Invesco NASDAQ 100 ETF (QQQM). 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.
| DODWX | QQQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.26 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 2.43 | +0.54 |
| Martin ratioReturn relative to average drawdown | 11.88 | 7.72 | +4.16 |
Loading charts...
Drawdowns
DODWX vs. QQQM - Drawdown Comparison
The maximum DODWX drawdown since its inception was -63.00%, which is greater than QQQM's maximum drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for DODWX and QQQM.
Loading charts...
Drawdown Indicators
| DODWX | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.00% | -35.04% | -27.96% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -11.96% | +2.85% |
Max Drawdown (3Y)Largest decline over 3 years | -19.25% | -22.70% | +3.45% |
Max Drawdown (5Y)Largest decline over 5 years | -21.78% | -35.04% | +13.26% |
Max Drawdown (10Y)Largest decline over 10 years | -41.17% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.88% | +2.88% |
Average DrawdownAverage peak-to-trough decline | -9.77% | -8.14% | -1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 3.76% | -1.48% |
Volatility
DODWX vs. QQQM - Volatility Comparison
The current volatility for Dodge & Cox Global Stock Fund Class I (DODWX) is 2.96%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 7.59%. This indicates that DODWX experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DODWX | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.96% | 7.59% | -4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 9.58% | 16.26% | -6.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.99% | 19.47% | -7.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.22% | 22.81% | -4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.38% | 22.36% | -2.98% |
DODWX vs. QQQM - Expense Ratio Comparison
DODWX has a 0.62% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Dividends
DODWX vs. QQQM - Dividend Comparison
DODWX's dividend yield for the trailing twelve months is around 7.41%, more than QQQM's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DODWX Dodge & Cox Global Stock Fund Class I | 7.41% | 8.41% | 14.35% | 1.62% | 7.73% | 10.76% | 1.31% | 7.41% | 9.78% | 4.37% | 2.86% | 3.95% |
QQQM Invesco NASDAQ 100 ETF | 0.44% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DODWX and QQQM have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQM has higher volatility (7.59%) compared to DODWX (2.96%). In terms of maximum drawdown, DODWX dropped -63.00% vs QQQM's -35.04%.
DODWX currently has the higher Sharpe Ratio (2.26 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for DODWX and QQQM
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