QQQM vs. DGS
QQQM (Invesco NASDAQ 100 ETF) and DGS (WisdomTree Emerging Markets SmallCap Dividend Fund) are both exchange-traded funds - QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while DGS is a Emerging Markets Diversified fund tracking the WisdomTree Emerging Markets SmallCap Dividend Index. Both are passively managed. Over the past 5 years, QQQM returned 16.94%/yr vs 8.06%/yr for DGS. A 0.60 correlation means they provide meaningful diversification when combined. QQQM charges 0.15%/yr vs 0.58%/yr for DGS.
Performance
QQQM vs. DGS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQQM achieves a 17.59% return, which is significantly higher than DGS's 14.94% return.
QQQM
- 1D
- 0.67%
- 1M
- 0.97%
- YTD
- 17.59%
- 6M
- 17.91%
- 1Y
- 35.90%
- 3Y*
- 26.52%
- 5Y*
- 16.94%
- 10Y*
- —
DGS
- 1D
- 0.65%
- 1M
- 1.57%
- YTD
- 14.94%
- 6M
- 17.07%
- 1Y
- 23.81%
- 3Y*
- 15.36%
- 5Y*
- 8.06%
- 10Y*
- 10.14%
QQQM vs. DGS - 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% |
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 14.94% | 21.18% | 1.13% | 19.08% | -12.35% | 15.33% | 12.46% |
Correlation
The correlation between QQQM and DGS is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020 | 0.60 |
The correlation between QQQM and DGS has been stable across timeframes, ranging from 0.60 to 0.68 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QQQM vs. DGS — Risk / Return Rank
QQQM
DGS
QQQM vs. DGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). 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 | DGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.27 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 2.38 | +0.64 |
| Martin ratioReturn relative to average drawdown | 11.23 | 7.84 | +3.39 |
Loading charts...
Drawdowns
QQQM vs. DGS - Drawdown Comparison
The maximum QQQM drawdown since its inception was -35.04%, smaller than the maximum DGS drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for QQQM and DGS.
Loading charts...
Drawdown Indicators
| QQQM | DGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -61.83% | +26.79% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -10.06% | -1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -19.31% | -3.39% |
Max Drawdown (5Y)Largest decline over 5 years | -35.04% | -24.86% | -10.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.08% | — |
Current DrawdownCurrent decline from peak | -3.33% | -1.05% | -2.28% |
Average DrawdownAverage peak-to-trough decline | -8.23% | -12.57% | +4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 3.05% | +0.16% |
Volatility
QQQM vs. DGS - Volatility Comparison
Invesco NASDAQ 100 ETF (QQQM) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) have volatilities of 7.45% and 7.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QQQM | DGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.45% | 7.30% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 13.71% | 14.27% | -0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.11% | 16.60% | +0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.40% | 15.08% | +7.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.22% | 17.39% | +4.83% |
QQQM vs. DGS - Expense Ratio Comparison
QQQM has a 0.15% expense ratio, which is lower than DGS's 0.58% expense ratio.
Dividends
QQQM vs. DGS - Dividend Comparison
QQQM's dividend yield for the trailing twelve months is around 0.43%, less than DGS's 3.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 3.20% | 3.45% | 3.36% | 4.55% | 5.34% | 3.98% | 3.69% | 3.95% | 4.24% | 2.81% | 3.42% | 3.28% |
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
QQQM and DGS have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQM has higher volatility (7.45%) compared to DGS (7.30%). In terms of maximum drawdown, QQQM dropped -35.04% vs DGS's -61.83%.
On 5-year performance, QQQM leads with 16.94% vs 8.06% for DGS. On fees, QQQM is cheaper at 0.15% per year. On volatility, DGS has been the lower-risk option at 7.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, QQQM has performed better with a 16.94% return vs 8.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QQQM is cheaper with a 0.15% expense ratio, compared with 0.58% for DGS.
DGS has the higher dividend yield at 3.20%, compared with 0.43% for QQQM.
QQQM is categorized as Nasdaq-100, while DGS is Emerging Markets Diversified. QQQM tracks NASDAQ-100 Index, while DGS tracks WisdomTree Emerging Markets SmallCap Dividend Index. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.15% for QQQM and 0.58% for DGS.
QQQM currently has the higher Sharpe Ratio (2.11 vs 1.44), 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.
Find the right allocation for QQQM and DGS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer