LQQ3.L vs. DGRA.L

Last updated Jun 5, 2026

LQQ3.L (WisdomTree NASDAQ 100 3x Daily Leveraged) and DGRA.L (WisdomTree US Quality Dividend Growth UCITS ETF USD Acc) are both exchange-traded funds - LQQ3.L is a Nasdaq-100 fund tracking the NASDAQ-100 Notional Net Total Return Index, while DGRA.L is a Large Cap Blend Equities fund tracking the WisdomTree U.S. Quality Dividend Growth UCITS Index. Both are passively managed. Over the past 5 years, LQQ3.L returned 28.14%/yr vs 12.91%/yr for DGRA.L. A 0.66 correlation means they provide meaningful diversification when combined. LQQ3.L charges 0.75%/yr vs 0.33%/yr for DGRA.L.

Performance

LQQ3.L vs. DGRA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree NASDAQ 100 3x Daily Leveraged (LQQ3.L) and WisdomTree US Quality Dividend Growth UCITS ETF USD Acc (DGRA.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LQQ3.L is traded in GBp, while DGRA.L is traded in USD. To make them comparable, the DGRA.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, LQQ3.L achieves a 56.49% return, which is significantly higher than DGRA.L's 7.19% return.

LQQ3.L

• 1D: -1.92%
• 1M: 27.07%
• YTD: 56.49%
• 6M: 51.01%
• 1Y: 126.98%
• 3Y*: 59.92%
• 5Y*: 28.14%
• 10Y*: —

DGRA.L

• 1D: 0.12%
• 1M: 4.46%
• YTD: 7.19%
• 6M: 5.39%
• 1Y: 21.06%
• 3Y*: 13.50%
• 5Y*: 12.91%
• 10Y*: —

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

LQQ3.L vs. DGRA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LQQ3.L WisdomTree NASDAQ 100 3x Daily Leveraged	56.49%	18.96%	62.50%	192.06%	-77.11%	89.86%	102.98%	121.83%	-16.83%	48.85%
DGRA.L WisdomTree US Quality Dividend Growth UCITS ETF USD Acc	7.16%	5.03%	20.29%	12.77%	2.58%	26.46%	9.27%	23.93%	-1.02%	7.90%

Correlation

The correlation between LQQ3.L and DGRA.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Mar 16, 2017	0.66

Over the past year, the correlation between LQQ3.L and DGRA.L has dropped to 0.46 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.

Return for Risk

LQQ3.L vs. DGRA.L — Risk / Return Rank

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

LQQ3.L

LQQ3.L Risk / Return Rank: 72
LQQ3.L Sharpe Ratio Rank: 86
LQQ3.L Sortino Ratio Rank: 71
LQQ3.L Omega Ratio Rank: 69
LQQ3.L Calmar Ratio Rank: 72
LQQ3.L Martin Ratio Rank: 60

DGRA.L

DGRA.L Risk / Return Rank: 57
DGRA.L Sharpe Ratio Rank: 55
DGRA.L Sortino Ratio Rank: 60
DGRA.L Omega Ratio Rank: 55
DGRA.L Calmar Ratio Rank: 54
DGRA.L Martin Ratio Rank: 59

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.

LQQ3.L vs. DGRA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree NASDAQ 100 3x Daily Leveraged (LQQ3.L) and WisdomTree US Quality Dividend Growth UCITS ETF USD Acc (DGRA.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.

	LQQ3.L	DGRA.L	Difference
Sharpe ratio: Return per unit of total volatility	2.80	1.85	+0.94
Sortino ratio: Return per unit of downside risk	3.18	2.57	+0.60
Omega ratio: Gain probability vs. loss probability	1.40	1.34	+0.07
Calmar ratio: Return relative to maximum drawdown	3.54	3.77	-0.22
Martin ratio: Return relative to average drawdown	10.50	12.10	-1.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LQQ3.L vs. DGRA.L - Sharpe Ratio Comparison

The current LQQ3.L Sharpe Ratio is 2.80, which is higher than the DGRA.L Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of LQQ3.L and DGRA.L, 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

	LQQ3.L	DGRA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.80	1.85	+0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.92	-0.45
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.94	-0.27

Drawdowns

LQQ3.L vs. DGRA.L - Drawdown Comparison

The maximum LQQ3.L drawdown since its inception was -79.16%, which is greater than DGRA.L's maximum drawdown of -23.29%. Use the drawdown chart below to compare losses from any high point for LQQ3.L and DGRA.L.

Drawdown Indicators

	LQQ3.L	DGRA.L	Difference
Max Drawdown Largest peak-to-trough decline	-79.16%	-23.29%	-55.87%
Max Drawdown (1Y) Largest decline over 1 year	-35.64%	-5.57%	-30.07%
Max Drawdown (3Y) Largest decline over 3 years	-58.39%	-18.00%	-40.39%
Max Drawdown (5Y) Largest decline over 5 years	-79.16%	-18.00%	-61.16%
Current Drawdown Current decline from peak	-1.98%	0.00%	-1.98%
Average Drawdown Average peak-to-trough decline	-23.34%	-2.98%	-20.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.04%	1.74%	+10.30%

Volatility

LQQ3.L vs. DGRA.L - Volatility Comparison

WisdomTree NASDAQ 100 3x Daily Leveraged (LQQ3.L) has a higher volatility of 13.74% compared to WisdomTree US Quality Dividend Growth UCITS ETF USD Acc (DGRA.L) at 3.18%. This indicates that LQQ3.L's price experiences larger fluctuations and is considered to be riskier than DGRA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LQQ3.L	DGRA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.74%	3.18%	+10.56%
Volatility (6M) Calculated over the trailing 6-month period	32.87%	8.41%	+24.46%
Volatility (1Y) Calculated over the trailing 1-year period	45.12%	11.31%	+33.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.25%	14.01%	+45.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.45%	15.54%	+43.91%

LQQ3.L vs. DGRA.L - Expense Ratio Comparison

LQQ3.L has a 0.75% expense ratio, which is higher than DGRA.L's 0.33% expense ratio.

Dividends

LQQ3.L vs. DGRA.L - Dividend Comparison

Neither LQQ3.L nor DGRA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LQQ3.L and DGRA.L in my portfolio?

LQQ3.L and DGRA.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LQQ3.L or DGRA.L?

On fees, DGRA.L is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LQQ3.L or DGRA.L?

DGRA.L is cheaper with a 0.33% expense ratio, compared with 0.75% for LQQ3.L.

What is the main difference between LQQ3.L and DGRA.L?

LQQ3.L is categorized as Nasdaq-100, while DGRA.L is Large Cap Blend Equities. LQQ3.L tracks NASDAQ-100 Notional Net Total Return Index, while DGRA.L tracks WisdomTree U.S. Quality Dividend Growth UCITS Index. Their fees differ too: 0.75% for LQQ3.L and 0.33% for DGRA.L.