IHDG vs. IQDG

Last updated Aug 2, 2026

IHDG (WisdomTree International Hedged Dividend Growth Fund) and IQDG (WisdomTree International Quality Dividend Growth Fund) are both exchange-traded funds - IHDG is a Foreign Large Cap Equities fund tracking the WisdomTree International Hedged Dividend Growth Index, while IQDG is a Quality Factor fund tracking the WisdomTree International Quality Dividend Growth Index. Both are passively managed. Over the past 10 years, IHDG returned 10.45%/yr vs 8.03%/yr for IQDG. Their correlation of 0.86 means they have usually moved in the same direction. IHDG charges 0.58%/yr vs 0.42%/yr for IQDG.

Performance

IHDG vs. IQDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Hedged Dividend Growth Fund (IHDG) and WisdomTree International Quality Dividend Growth Fund (IQDG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IHDG achieves a 9.83% return, which is significantly higher than IQDG's 6.88% return. Over the past 10 years, IHDG has outperformed IQDG with an annualized return of 10.45%, while IQDG has yielded a comparatively lower 8.03% annualized return.

IHDG

• 1D: -0.78%
• 1M: -0.24%
• 6M: 6.52%
• YTD: 9.83%
• 1Y: 22.57%
• 3Y*: 11.71%
• 5Y*: 7.63%
• 10Y*: 10.45%
• ALL TIME*: 9.62%

IQDG

• 1D: -0.80%
• 1M: 0.30%
• 6M: 2.77%
• YTD: 6.88%
• 1Y: 19.33%
• 3Y*: 10.48%
• 5Y*: 4.11%
• 10Y*: 8.03%
• ALL TIME*: 8.16%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IHDG WisdomTree International Hedged Dividend Growth Fund	$6.12M	$5.27M	$6.91M
IQDG WisdomTree International Quality Dividend Growth Fund	$1.13M	$1.22M	$2.15M

IHDG vs. IQDG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHDG WisdomTree International Hedged Dividend Growth Fund	9.83%	14.17%	5.97%	20.00%	-11.53%	19.75%	10.51%	33.42%	-12.03%	21.93%
IQDG WisdomTree International Quality Dividend Growth Fund	6.88%	24.19%	-3.38%	20.76%	-19.97%	12.28%	16.58%	30.03%	-16.81%	30.64%

Correlation

The correlation between IHDG and IQDG is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.92
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.88
Correlation (All Time) Calculated using the full available price history since Apr 7, 2016	0.86

The correlation between IHDG and IQDG has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.

IHDG vs. IQDG - Sectors Allocation Comparison

Sectors	IHDG	IQDG
Consumer Cyclical	19.6%	19.6%
Industrials	19.3%	19.4%
Financial Services	15.2%	15.1%
Healthcare	9.4%	9.4%
Technology	8.3%	8.3%
Basic Materials	5.4%	5.4%
Consumer Defensive	4.3%	4.3%
Communication Services	4.2%	4.2%
Energy	3.7%	3.7%
Utilities	0.8%	0.8%
Real Estate	0.3%	0.3%

Return for Risk

IHDG vs. IQDG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IHDG

IHDG Risk / Return Rank: 61
IHDG Sharpe Ratio Rank: 62
IHDG Sortino Ratio Rank: 63
IHDG Omega Ratio Rank: 61
IHDG Calmar Ratio Rank: 55
IHDG Martin Ratio Rank: 62

IQDG

IQDG Risk / Return Rank: 44
IQDG Sharpe Ratio Rank: 45
IQDG Sortino Ratio Rank: 46
IQDG Omega Ratio Rank: 43
IQDG Calmar Ratio Rank: 42
IQDG Martin Ratio Rank: 45

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IHDG vs. IQDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Hedged Dividend Growth Fund (IHDG) and WisdomTree International Quality Dividend Growth Fund (IQDG). 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.

	IHDG	IQDG	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.11	+0.33
Sortino ratio: Return per unit of downside risk	2.09	1.67	+0.42
Omega ratio: Gain probability vs. loss probability	1.26	1.20	+0.06
Calmar ratio: Return relative to maximum drawdown	1.96	1.50	+0.46
Martin ratio: Return relative to average drawdown	7.40	5.04	+2.36

IHDG vs. IQDG - Sharpe Ratio Comparison

The current IHDG Sharpe Ratio is 1.44, which is comparable to the IQDG Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of IHDG and IQDG, 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

IHDG vs. IQDG - Drawdown Comparison

The maximum IHDG drawdown since its inception was -29.24%, smaller than the maximum IQDG drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for IHDG and IQDG.

Drawdown Indicators

	IHDG	IQDG	Difference
Max Drawdown Largest peak-to-trough decline	-29.24%	-34.97%	+5.73%
Max Drawdown (1Y) Largest decline over 1 year	-10.49%	-12.35%	+1.86%
Max Drawdown (3Y) Largest decline over 3 years	-18.88%	-18.12%	-0.76%
Max Drawdown (5Y) Largest decline over 5 years	-19.52%	-34.97%	+15.45%
Max Drawdown (10Y) Largest decline over 10 years	-29.24%	-34.97%	+5.73%
Current Drawdown Current decline from peak	-1.38%	-0.80%	-0.58%
Average Drawdown Average peak-to-trough decline	-4.00%	-7.44%	+3.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	3.67%	-0.90%

Volatility

IHDG vs. IQDG - Volatility Comparison

The current volatility for WisdomTree International Hedged Dividend Growth Fund (IHDG) is 4.09%, while WisdomTree International Quality Dividend Growth Fund (IQDG) has a volatility of 4.61%. This indicates that IHDG experiences smaller price fluctuations and is considered to be less risky than IQDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHDG	IQDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	4.61%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	11.88%	14.24%	-2.36%
Volatility (1Y) Calculated over the trailing 1-year period	14.30%	16.75%	-2.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.95%	17.93%	-2.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.63%	17.30%	-1.67%

IHDG vs. IQDG - Expense Ratio Comparison

IHDG has a 0.58% expense ratio, which is higher than IQDG's 0.42% expense ratio.

Dividends

IHDG vs. IQDG - Dividend Comparison

IHDG's dividend yield for the trailing twelve months is around 1.81%, less than IQDG's 2.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHDG WisdomTree International Hedged Dividend Growth Fund	1.81%	1.84%	2.42%	1.70%	13.79%	2.77%	1.94%	1.99%	0.22%	1.28%	1.91%	3.04%
IQDG WisdomTree International Quality Dividend Growth Fund	2.36%	2.28%	2.60%	1.76%	4.18%	2.67%	1.65%	1.95%	1.96%	1.71%	1.35%	0.00%

Frequently Asked Questions

Can I hold both IHDG and IQDG in my portfolio?

With a correlation of 0.92, IHDG and IQDG 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, IHDG or IQDG?

IQDG has higher volatility (4.61%) compared to IHDG (4.09%). In terms of maximum drawdown, IHDG dropped -29.24% vs IQDG's -34.97%.

Which ETF is better, IHDG or IQDG?

On 10-year performance, IHDG leads with 10.45% vs 8.03% for IQDG. On fees, IQDG is cheaper at 0.42% per year. On volatility, IHDG has been the lower-risk option at 4.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IHDG or IQDG?

Over the 10-year period, IHDG has performed better with a 10.45% return vs 8.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IHDG or IQDG?

IQDG is cheaper with a 0.42% expense ratio, compared with 0.58% for IHDG.

Which ETF pays a higher dividend yield, IHDG or IQDG?

IQDG has the higher dividend yield at 2.36%, compared with 1.81% for IHDG.

What is the main difference between IHDG and IQDG?

IHDG is categorized as Foreign Large Cap Equities, while IQDG is Quality Factor. IHDG tracks WisdomTree International Hedged Dividend Growth Index, while IQDG tracks WisdomTree International Quality Dividend Growth Index. Their fees differ too: 0.58% for IHDG and 0.42% for IQDG.

Which has better risk-adjusted returns?

IHDG currently has the higher Sharpe Ratio (1.44 vs 1.11), 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.