IQDG vs. IHDG

Last updated Aug 2, 2026

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

Performance

IQDG vs. IHDG - Performance Comparison

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

Returns By Period

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

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%

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%

*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

IQDG vs. IHDG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
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%

Correlation

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

IQDG vs. IHDG - Sectors Allocation Comparison

Sectors	IQDG	IHDG
Consumer Cyclical	19.6%	19.6%
Industrials	19.4%	19.3%
Financial Services	15.1%	15.2%
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

IQDG vs. IHDG — Risk / Return Rank

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

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

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

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.

IQDG vs. IHDG - Risk-Adjusted Trends Comparison

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

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

IQDG vs. IHDG - Sharpe Ratio Comparison

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

IQDG vs. IHDG - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

IQDG vs. IHDG - Volatility Comparison

WisdomTree International Quality Dividend Growth Fund (IQDG) has a higher volatility of 4.61% compared to WisdomTree International Hedged Dividend Growth Fund (IHDG) at 4.09%. This indicates that IQDG's price experiences larger fluctuations and is considered to be riskier than IHDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

IQDG vs. IHDG - Expense Ratio Comparison

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

Dividends

IQDG vs. IHDG - Dividend Comparison

IQDG's dividend yield for the trailing twelve months is around 2.36%, more than IHDG's 1.81% 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 IQDG and IHDG in my portfolio?

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

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

Which ETF is better, IQDG or IHDG?

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, IQDG or IHDG?

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, IQDG or IHDG?

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

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

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

What is the main difference between IQDG and IHDG?

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

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.