QQQM vs. DGRW

Last updated Jun 14, 2026

QQQM (Invesco NASDAQ 100 ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Both are passively managed. Over the past 5 years, QQQM returned 16.94%/yr vs 11.95%/yr for DGRW. A 0.79 correlation means they provide meaningful diversification when combined. QQQM charges 0.15%/yr vs 0.28%/yr for DGRW.

Performance

QQQM vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ 100 ETF (QQQM) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQM achieves a 17.59% return, which is significantly higher than DGRW's 7.88% return.

QQQM

• 1D: 0.67%
• 1M: 0.22%
• YTD: 17.59%
• 6M: 17.91%
• 1Y: 37.64%
• 3Y*: 26.52%
• 5Y*: 16.94%
• 10Y*: —

DGRW

• 1D: 0.50%
• 1M: -0.55%
• YTD: 7.88%
• 6M: 7.92%
• 1Y: 18.88%
• 3Y*: 15.58%
• 5Y*: 11.95%
• 10Y*: 14.13%

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

QQQM vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QQQM Invesco NASDAQ 100 ETF	17.59%	20.85%	25.68%	55.01%	-32.52%	27.45%	6.64%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	7.88%	12.17%	16.98%	18.66%	-6.33%	24.46%	4.88%

Correlation

The correlation between QQQM and DGRW is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020	0.79

The correlation between QQQM and DGRW has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.

QQQM vs. DGRW - Sectors Allocation Comparison

Sectors	QQQM	DGRW
Technology	58.7%	32.1%
Communication Services	14.3%	10.1%
Consumer Cyclical	11.4%	7.1%
Consumer Defensive	6.4%	6.7%
Healthcare	3.7%	12.8%
Industrials	2.6%	9.9%
Utilities	1.2%	0.2%
Basic Materials	1.0%	3.3%
Energy	0.5%	5.0%
Financial Services	0.2%	11.3%
Real Estate	0.1%	-

Return for Risk

QQQM vs. DGRW — Risk / Return Rank

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

QQQM

QQQM Risk / Return Rank: 72
QQQM Sharpe Ratio Rank: 76
QQQM Sortino Ratio Rank: 71
QQQM Omega Ratio Rank: 73
QQQM Calmar Ratio Rank: 69
QQQM Martin Ratio Rank: 70

DGRW

DGRW Risk / Return Rank: 59
DGRW Sharpe Ratio Rank: 60
DGRW Sortino Ratio Rank: 63
DGRW Omega Ratio Rank: 62
DGRW Calmar Ratio Rank: 49
DGRW Martin Ratio Rank: 60

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.

QQQM vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). 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.

	QQQM	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	2.11	1.76	+0.35
Sortino ratio: Return per unit of downside risk	2.74	2.53	+0.22
Omega ratio: Gain probability vs. loss probability	1.37	1.32	+0.04
Calmar ratio: Return relative to maximum drawdown	3.02	2.15	+0.86
Martin ratio: Return relative to average drawdown	11.23	9.28	+1.95

QQQM vs. DGRW - Sharpe Ratio Comparison

The current QQQM Sharpe Ratio is 2.11, which is comparable to the DGRW Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of QQQM and DGRW, 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

QQQM vs. DGRW - Drawdown Comparison

The maximum QQQM drawdown since its inception was -35.04%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for QQQM and DGRW.

Drawdown Indicators

	QQQM	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-35.04%	-32.04%	-3.00%
Max Drawdown (1Y) Largest decline over 1 year	-11.96%	-8.30%	-3.66%
Max Drawdown (3Y) Largest decline over 3 years	-22.70%	-16.21%	-6.49%
Max Drawdown (5Y) Largest decline over 5 years	-35.04%	-17.27%	-17.77%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-3.33%	-1.93%	-1.40%
Average Drawdown Average peak-to-trough decline	-8.23%	-3.01%	-5.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	1.92%	+1.29%

Volatility

QQQM vs. DGRW - Volatility Comparison

Invesco NASDAQ 100 ETF (QQQM) has a higher volatility of 7.45% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 3.41%. This indicates that QQQM's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQM	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.45%	3.41%	+4.04%
Volatility (6M) Calculated over the trailing 6-month period	13.71%	8.04%	+5.67%
Volatility (1Y) Calculated over the trailing 1-year period	17.11%	10.16%	+6.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.40%	14.01%	+8.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.22%	16.23%	+5.99%

QQQM vs. DGRW - Expense Ratio Comparison

QQQM has a 0.15% expense ratio, which is lower than DGRW's 0.28% expense ratio.

Dividends

QQQM vs. DGRW - Dividend Comparison

QQQM's dividend yield for the trailing twelve months is around 0.43%, less than DGRW's 1.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.28%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
QQQM Invesco NASDAQ 100 ETF	0.43%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQQM and DGRW in my portfolio?

QQQM and DGRW have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQM or DGRW?

QQQM has higher volatility (7.45%) compared to DGRW (3.41%). In terms of maximum drawdown, QQQM dropped -35.04% vs DGRW's -32.04%.

Which ETF is better, QQQM or DGRW?

On 5-year performance, QQQM leads with 16.94% vs 11.95% for DGRW. On fees, QQQM is cheaper at 0.15% per year. On volatility, DGRW has been the lower-risk option at 3.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQM or DGRW?

Over the 5-year period, QQQM has performed better with a 16.94% return vs 11.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQM or DGRW?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.28% for DGRW.

Which ETF pays a higher dividend yield, QQQM or DGRW?

DGRW has the higher dividend yield at 1.28%, compared with 0.43% for QQQM.

What is the main difference between QQQM and DGRW?

QQQM is categorized as Nasdaq-100, while DGRW is Dividend. QQQM tracks NASDAQ-100 Index, while DGRW tracks WisdomTree U.S. Quality Dividend Growth Index. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.15% for QQQM and 0.28% for DGRW.

Which has better risk-adjusted returns?

QQQM currently has the higher Sharpe Ratio (2.11 vs 1.76), 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.