IQDG vs. IQDF

Last updated Aug 2, 2026

IQDG (WisdomTree International Quality Dividend Growth Fund) and IQDF (FlexShares International Quality Dividend Index Fund) are both Quality Factor funds - IQDG tracks the WisdomTree International Quality Dividend Growth Index while IQDF tracks the Northern Trust International Quality Dividend Index. Both are passively managed. Over the past 10 years, IQDG returned 8.03%/yr vs 9.50%/yr for IQDF. Their correlation of 0.86 means they have usually moved in the same direction. IQDG charges 0.42%/yr vs 0.47%/yr for IQDF.

Performance

IQDG vs. IQDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Quality Dividend Growth Fund (IQDG) and FlexShares International Quality Dividend Index Fund (IQDF). 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 IQDF's 16.49% return. Over the past 10 years, IQDG has underperformed IQDF with an annualized return of 8.03%, while IQDF has yielded a comparatively higher 9.50% 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%

IQDF

• 1D: 0.06%
• 1M: 1.66%
• 6M: 9.21%
• YTD: 16.49%
• 1Y: 33.14%
• 3Y*: 21.63%
• 5Y*: 11.31%
• 10Y*: 9.50%
• ALL TIME*: 7.22%

*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)
IQDF FlexShares International Quality Dividend Index Fund	$2.14M	$2.54M	$2.12M
IQDG WisdomTree International Quality Dividend Growth Fund	$1.13M	$1.22M	$2.15M

IQDG vs. IQDF - 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%
IQDF FlexShares International Quality Dividend Index Fund	16.49%	35.42%	6.62%	20.10%	-14.69%	10.18%	3.54%	20.96%	-17.39%	23.87%

Correlation

The correlation between IQDG and IQDF is 0.88, 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.	0.88
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.87
Correlation (All Time) Calculated using the full available price history since Apr 7, 2016	0.86

The correlation between IQDG and IQDF has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

IQDG vs. IQDF - Sectors Allocation Comparison

Sectors	IQDG	IQDF
Consumer Cyclical	19.6%	5.8%
Industrials	19.4%	11.8%
Financial Services	15.1%	27.9%
Healthcare	9.4%	5.2%
Technology	8.3%	19.1%
Basic Materials	5.4%	7.5%
Consumer Defensive	4.3%	5.3%
Communication Services	4.2%	3.6%
Energy	3.7%	5.0%
Utilities	0.8%	3.0%
Real Estate	0.3%	3.0%

Return for Risk

IQDG vs. IQDF — 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

IQDF

IQDF Risk / Return Rank: 85
IQDF Sharpe Ratio Rank: 86
IQDF Sortino Ratio Rank: 84
IQDF Omega Ratio Rank: 84
IQDF Calmar Ratio Rank: 85
IQDF Martin Ratio Rank: 86

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. IQDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Quality Dividend Growth Fund (IQDG) and FlexShares International Quality Dividend Index Fund (IQDF). 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	IQDF	Difference
Sharpe ratio: Return per unit of total volatility	1.11	2.05	-0.93
Sortino ratio: Return per unit of downside risk	1.67	2.75	-1.09
Omega ratio: Gain probability vs. loss probability	1.20	1.36	-0.16
Calmar ratio: Return relative to maximum drawdown	1.50	3.25	-1.75
Martin ratio: Return relative to average drawdown	5.04	12.21	-7.17

IQDG vs. IQDF - Sharpe Ratio Comparison

The current IQDG Sharpe Ratio is 1.11, which is lower than the IQDF Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of IQDG and IQDF, 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. IQDF - Drawdown Comparison

The maximum IQDG drawdown since its inception was -34.97%, smaller than the maximum IQDF drawdown of -39.83%. Use the drawdown chart below to compare losses from any high point for IQDG and IQDF.

Drawdown Indicators

	IQDG	IQDF	Difference
Max Drawdown Largest peak-to-trough decline	-34.97%	-39.83%	+4.86%
Max Drawdown (1Y) Largest decline over 1 year	-12.35%	-10.03%	-2.32%
Max Drawdown (3Y) Largest decline over 3 years	-18.12%	-13.92%	-4.20%
Max Drawdown (5Y) Largest decline over 5 years	-34.97%	-29.31%	-5.66%
Max Drawdown (10Y) Largest decline over 10 years	-34.97%	-39.83%	+4.86%
Current Drawdown Current decline from peak	-0.80%	-0.91%	+0.11%
Average Drawdown Average peak-to-trough decline	-7.44%	-9.25%	+1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.67%	2.67%	+1.00%

Volatility

IQDG vs. IQDF - Volatility Comparison

The current volatility for WisdomTree International Quality Dividend Growth Fund (IQDG) is 4.61%, while FlexShares International Quality Dividend Index Fund (IQDF) has a volatility of 5.08%. This indicates that IQDG experiences smaller price fluctuations and is considered to be less risky than IQDF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQDG	IQDF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	5.08%	-0.47%
Volatility (6M) Calculated over the trailing 6-month period	14.24%	14.17%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	16.75%	15.98%	+0.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.93%	15.79%	+2.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.30%	16.51%	+0.79%

IQDG vs. IQDF - Expense Ratio Comparison

IQDG has a 0.42% expense ratio, which is lower than IQDF's 0.47% expense ratio.

Dividends

IQDG vs. IQDF - Dividend Comparison

IQDG's dividend yield for the trailing twelve months is around 2.36%, less than IQDF's 3.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IQDF FlexShares International Quality Dividend Index Fund	3.00%	3.27%	6.72%	6.06%	5.59%	4.13%	3.31%	4.46%	5.78%	3.89%	3.75%	4.27%
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 IQDF in my portfolio?

IQDG and IQDF have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IQDG or IQDF?

IQDF has higher volatility (5.08%) compared to IQDG (4.61%). In terms of maximum drawdown, IQDG dropped -34.97% vs IQDF's -39.83%.

Which ETF is better, IQDG or IQDF?

On 10-year performance, IQDF leads with 9.50% vs 8.03% for IQDG. On fees, IQDG is cheaper at 0.42% per year. On volatility, IQDG has been the lower-risk option at 4.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IQDG or IQDF?

Over the 10-year period, IQDF has performed better with a 9.50% 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 IQDF?

IQDG is cheaper with a 0.42% expense ratio, compared with 0.47% for IQDF.

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

IQDF has the higher dividend yield at 3.00%, compared with 2.36% for IQDG.

What is the main difference between IQDG and IQDF?

IQDG tracks WisdomTree International Quality Dividend Growth Index, while IQDF tracks Northern Trust International Quality Dividend Index. They also come from different issuers: WisdomTree and Northern Trust. Their fees differ too: 0.42% for IQDG and 0.47% for IQDF.

Which has better risk-adjusted returns?

IQDF currently has the higher Sharpe Ratio (2.05 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.