GGRG.L vs. QQQ3.L
GGRG.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) and QQQ3.L (WisdomTree NASDAQ 100 3x Daily Leveraged) are both exchange-traded funds - GGRG.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth, while QQQ3.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index (300%). Both are passively managed. Over the past 5 years, GGRG.L returned 9.18%/yr vs 28.18%/yr for QQQ3.L. A 0.69 correlation means they provide meaningful diversification when combined. GGRG.L charges 0.38%/yr vs 0.75%/yr for QQQ3.L.
Performance
GGRG.L vs. QQQ3.L - Performance Comparison
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Different Trading Currencies
GGRG.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, GGRG.L achieves a 5.29% return, which is significantly lower than QQQ3.L's 56.69% return.
GGRG.L
- 1D
- 0.22%
- 1M
- 2.95%
- YTD
- 5.29%
- 6M
- 5.38%
- 1Y
- 17.71%
- 3Y*
- 10.49%
- 5Y*
- 9.18%
- 10Y*
- —
QQQ3.L
- 1D
- -2.48%
- 1M
- 21.42%
- YTD
- 56.69%
- 6M
- 49.06%
- 1Y
- 122.20%
- 3Y*
- 59.98%
- 5Y*
- 28.18%
- 10Y*
- 45.00%
GGRG.L vs. QQQ3.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGRG.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc | 5.29% | 8.36% | 11.10% | 11.54% | -3.39% | 20.90% | 12.53% | 29.81% | -5.38% | 17.54% |
QQQ3.L WisdomTree NASDAQ 100 3x Daily Leveraged | 56.65% | 18.54% | 62.70% | 194.03% | -77.15% | 89.15% | 103.95% | 120.21% | -16.62% | 95.74% |
Correlation
The correlation between GGRG.L and QQQ3.L is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2016 | 0.69 |
The correlation between GGRG.L and QQQ3.L shifts across timeframes, from 0.52 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GGRG.L vs. QQQ3.L — Risk / Return Rank
GGRG.L
QQQ3.L
GGRG.L vs. QQQ3.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.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.
| GGRG.L | QQQ3.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.40 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 3.51 | -1.49 |
| Martin ratioReturn relative to average drawdown | 7.78 | 10.30 | -2.52 |
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
| GGRG.L | QQQ3.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 2.73 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.47 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.87 | +0.06 |
Drawdowns
GGRG.L vs. QQQ3.L - Drawdown Comparison
The maximum GGRG.L drawdown since its inception was -22.15%, smaller than the maximum QQQ3.L drawdown of -79.21%. Use the drawdown chart below to compare losses from any high point for GGRG.L and QQQ3.L.
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Drawdown Indicators
| GGRG.L | QQQ3.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.15% | -79.21% | +57.06% |
Max Drawdown (1Y)Largest decline over 1 year | -8.70% | -35.87% | +27.17% |
Max Drawdown (3Y)Largest decline over 3 years | -16.17% | -58.56% | +42.39% |
Max Drawdown (5Y)Largest decline over 5 years | -16.17% | -79.21% | +63.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -79.21% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.48% | +2.48% |
Average DrawdownAverage peak-to-trough decline | -2.91% | -18.79% | +15.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 12.24% | -9.98% |
Volatility
GGRG.L vs. QQQ3.L - Volatility Comparison
The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) is 2.62%, while WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L) has a volatility of 14.53%. This indicates that GGRG.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
| GGRG.L | QQQ3.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 14.53% | -11.91% |
Volatility (6M)Calculated over the trailing 6-month period | 7.97% | 33.84% | -25.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.02% | 46.05% | -35.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.13% | 60.35% | -48.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.52% | 58.56% | -45.04% |
GGRG.L vs. QQQ3.L - Expense Ratio Comparison
GGRG.L has a 0.38% expense ratio, which is lower than QQQ3.L's 0.75% expense ratio.
Dividends
GGRG.L vs. QQQ3.L - Dividend Comparison
Neither GGRG.L nor QQQ3.L has paid dividends to shareholders.
Frequently Asked Questions
GGRG.L and QQQ3.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GGRG.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GGRG.L is cheaper with a 0.38% expense ratio, compared with 0.75% for QQQ3.L.
GGRG.L is categorized as Global Equities, while QQQ3.L is Nasdaq-100. GGRG.L tracks WisdomTree Global Developed Quality Dividend Growth, while QQQ3.L tracks NASDAQ-100 Index (300%). Their fees differ too: 0.38% for GGRG.L and 0.75% for QQQ3.L.
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