DWMF vs QQQ
WisdomTree International Multifactor Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. DWMF offers more diversification with 201 holdings.
Side-by-Side Comparison
| Metric | DWMF | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.18% | |
| AUM | $35M | $496.3B | |
| Dividend Yield | 3.08% | 0.44% | |
| Holdings | 201 | 108 | |
| YTD Return | +6.36% | +16.64% | |
| 1Y Return | +9.07% | +27.27% | |
| 3Y Return (annualized) | +15.47% | +25.96% | |
| 5Y Return (annualized) | +8.46% | +14.54% | |
| Volatility (annualized) | 11.3% | 30.6% | |
| Max Drawdown | -29.7% | -83.0% | |
| Fund Family | WisdomTree Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Aug 10, 2018 | Mar 10, 1999 |
DWMF vs QQQ Performance
WisdomTree International Multifactor Fund (DWMF) is a ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DWMF returned +9.07% while QQQ returned +27.27%. Year to date, DWMF is up 6.36% versus a gain of 16.64% for QQQ.
Over three years, DWMF compounded at +15.47% per year against +25.96% for QQQ; over five years the annualized figures are +8.46% and +14.54% respectively. Across the full 8-year window we track, QQQ has the edge at +13.03% annualized vs +6.61%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 11.3% for DWMF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -29.7% for DWMF and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DWMF charges 0.38% per year while QQQ charges 0.18%. On a $10,000 position that is $38 vs $18 annually, a gap of $20 per year that compounds over a long holding period. On income, DWMF currently yields 3.08% against 0.44% for QQQ.
Holdings Overlap
DWMF and QQQ share 0 holdings out of 303 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DWMF or QQQ?
DWMF has an expense ratio of 0.38% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $20 per year of difference.
Which performed better, DWMF or QQQ?
Over the past year DWMF returned +9.07% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), DWMF annualized +6.61% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, DWMF or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 11.3% for DWMF. Worst drawdown: DWMF -29.7% vs QQQ -83.0%.
Should I hold both DWMF and QQQ?
DWMF and QQQ have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DWMF and QQQ?
DWMF and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 303 unique securities.
Which pays a higher dividend, DWMF or QQQ?
DWMF yields 3.08% while QQQ yields 0.44%, so DWMF currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.