DOL vs. IQDY

Last updated Jun 5, 2026

DOL (WisdomTree International LargeCap Dividend Fund) and IQDY (FlexShares International Quality Dividend Dynamic Index Fund) are both Foreign Large Cap Equities funds - DOL tracks the WisdomTree International LargeCap Dividend Index while IQDY tracks the Northern Trust International Quality Dividend Dynamic Index. Both are passively managed. Over the past 10 years, DOL returned 9.53%/yr vs 11.68%/yr for IQDY. Their correlation of 0.84 suggests significant overlap in exposure. DOL charges 0.48%/yr vs 0.47%/yr for IQDY.

Performance

DOL vs. IQDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International LargeCap Dividend Fund (DOL) and FlexShares International Quality Dividend Dynamic Index Fund (IQDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOL achieves a 14.42% return, which is significantly lower than IQDY's 18.64% return. Over the past 10 years, DOL has underperformed IQDY with an annualized return of 9.53%, while IQDY has yielded a comparatively higher 11.68% annualized return.

DOL

• 1D: 0.13%
• 1M: 3.59%
• YTD: 14.42%
• 6M: 18.21%
• 1Y: 29.53%
• 3Y*: 21.22%
• 5Y*: 12.17%
• 10Y*: 9.53%

IQDY

• 1D: 0.59%
• 1M: 5.34%
• YTD: 18.64%
• 6M: 21.05%
• 1Y: 41.80%
• 3Y*: 24.80%
• 5Y*: 11.58%
• 10Y*: 11.68%

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

DOL vs. IQDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DOL WisdomTree International LargeCap Dividend Fund	14.42%	37.35%	4.08%	16.77%	-6.72%	11.54%	-3.22%	19.47%	-12.93%	22.25%
IQDY FlexShares International Quality Dividend Dynamic Index Fund	18.64%	37.44%	5.97%	23.45%	-15.78%	12.00%	9.54%	27.27%	-20.04%	24.06%

Correlation

The correlation between DOL and IQDY is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Apr 17, 2013	0.84

The correlation between DOL and IQDY has been stable across timeframes, ranging from 0.84 to 0.92 - a consistent structural relationship.

DOL vs. IQDY - Sectors Allocation Comparison

Sectors	DOL	IQDY
Financial Services	24.3%	26.3%
Industrials	15.9%	14.5%
Technology	14.1%	18.2%
Healthcare	8.3%	5.4%
Consumer Cyclical	7.6%	8.8%
Consumer Defensive	7.6%	3.5%
Utilities	6.0%	3.4%
Communication Services	5.4%	3.5%
Basic Materials	5.1%	7.8%
Energy	4.7%	7.6%
Real Estate	1.2%	1.0%

Return for Risk

DOL vs. IQDY — Risk / Return Rank

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

DOL

DOL Risk / Return Rank: 58
DOL Sharpe Ratio Rank: 59
DOL Sortino Ratio Rank: 58
DOL Omega Ratio Rank: 60
DOL Calmar Ratio Rank: 54
DOL Martin Ratio Rank: 57

IQDY

IQDY Risk / Return Rank: 80
IQDY Sharpe Ratio Rank: 82
IQDY Sortino Ratio Rank: 80
IQDY Omega Ratio Rank: 80
IQDY Calmar Ratio Rank: 79
IQDY Martin Ratio Rank: 81

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.

DOL vs. IQDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International LargeCap Dividend Fund (DOL) and FlexShares International Quality Dividend Dynamic Index Fund (IQDY). 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.

	DOL	IQDY	Difference
Sharpe ratio: Return per unit of total volatility	1.98	2.64	-0.66
Sortino ratio: Return per unit of downside risk	2.72	3.53	-0.80
Omega ratio: Gain probability vs. loss probability	1.36	1.47	-0.11
Calmar ratio: Return relative to maximum drawdown	2.62	4.03	-1.41
Martin ratio: Return relative to average drawdown	9.84	15.83	-5.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOL vs. IQDY - Sharpe Ratio Comparison

The current DOL Sharpe Ratio is 1.98, which is comparable to the IQDY Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of DOL and IQDY, 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

	DOL	IQDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	2.64	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.65	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.64	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.50	-0.23

Drawdowns

DOL vs. IQDY - Drawdown Comparison

The maximum DOL drawdown since its inception was -60.79%, which is greater than IQDY's maximum drawdown of -39.60%. Use the drawdown chart below to compare losses from any high point for DOL and IQDY.

Drawdown Indicators

	DOL	IQDY	Difference
Max Drawdown Largest peak-to-trough decline	-60.79%	-39.60%	-21.19%
Max Drawdown (1Y) Largest decline over 1 year	-11.33%	-10.42%	-0.91%
Max Drawdown (3Y) Largest decline over 3 years	-12.44%	-14.76%	+2.32%
Max Drawdown (5Y) Largest decline over 5 years	-24.57%	-33.03%	+8.46%
Max Drawdown (10Y) Largest decline over 10 years	-35.99%	-39.60%	+3.61%
Current Drawdown Current decline from peak	-0.29%	-0.30%	+0.01%
Average Drawdown Average peak-to-trough decline	-13.63%	-9.10%	-4.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	2.65%	+0.36%

Volatility

DOL vs. IQDY - Volatility Comparison

The current volatility for WisdomTree International LargeCap Dividend Fund (DOL) is 5.08%, while FlexShares International Quality Dividend Dynamic Index Fund (IQDY) has a volatility of 5.66%. This indicates that DOL experiences smaller price fluctuations and is considered to be less risky than IQDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOL	IQDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.08%	5.66%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	12.74%	13.40%	-0.66%
Volatility (1Y) Calculated over the trailing 1-year period	14.98%	15.91%	-0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.38%	17.81%	-2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.70%	18.42%	-1.72%

DOL vs. IQDY - Expense Ratio Comparison

DOL has a 0.48% expense ratio, which is higher than IQDY's 0.47% expense ratio.

Dividends

DOL vs. IQDY - Dividend Comparison

DOL's dividend yield for the trailing twelve months is around 2.44%, less than IQDY's 2.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DOL WisdomTree International LargeCap Dividend Fund	2.44%	2.83%	3.78%	4.02%	4.47%	3.58%	2.82%	3.50%	4.03%	3.17%	3.58%	3.66%
IQDY FlexShares International Quality Dividend Dynamic Index Fund	2.75%	3.26%	6.95%	6.45%	5.52%	3.89%	2.62%	3.85%	5.97%	3.57%	3.77%	4.08%

Frequently Asked Questions

Can I hold both DOL and IQDY in my portfolio?

With a correlation of 0.90, DOL and IQDY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DOL or IQDY?

IQDY has higher volatility (5.66%) compared to DOL (5.08%). In terms of maximum drawdown, DOL dropped -60.79% vs IQDY's -39.60%.

Which ETF is better, DOL or IQDY?

On 10-year performance, IQDY leads with 11.68% vs 9.53% for DOL. On fees, IQDY is cheaper at 0.47% per year. On volatility, DOL has been the lower-risk option at 5.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DOL or IQDY?

Over the 10-year period, IQDY has performed better with a 11.68% return vs 9.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DOL or IQDY?

IQDY is cheaper with a 0.47% expense ratio, compared with 0.48% for DOL.

Which ETF pays a higher dividend yield, DOL or IQDY?

IQDY has the higher dividend yield at 2.75%, compared with 2.44% for DOL.

What is the main difference between DOL and IQDY?

DOL tracks WisdomTree International LargeCap Dividend Index, while IQDY tracks Northern Trust International Quality Dividend Dynamic Index. They also come from different issuers: WisdomTree and Northern Trust. Their fees differ too: 0.48% for DOL and 0.47% for IQDY.

Which has better risk-adjusted returns?

IQDY currently has the higher Sharpe Ratio (2.64 vs 1.98), 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.