DGS vs QQQ: Performance, Holdings, Fees & Risk
DGS and QQQ are ETFs, but they can differ materially in exposure, yield, fees and risk. DGS is WisdomTree Emerging Markets SmallCap Dividend Fund, while QQQ is Invesco QQQ Trust, Series 1. DGS is broader by holdings count, with 1,029 positions versus 107 for QQQ. QQQ is more concentrated at the top, based on top-10 holdings weight. Current AlgovestIQ evidence has DGS ahead on AIQ Score, 54 versus 51.
What is the main difference between DGS and QQQ?
DGS holds 1,029 positions to QQQ's 107, and 0% of their weight is in the same securities.
| Metric | DGS | QQQ |
|---|---|---|
| Fund | ||
| Expense ratio | 0.58% | 0.18% |
| Holdings | 1,029 | 107 |
| Top-10 concentration | 10.3% | 47% |
| Distribution yieldTrailing 12 months | 3.8% | 0.43% |
| Average volume | 39,614 | 37,968,274 |
| Performance | ||
| 1Y return | +9.7% | +19.6% |
| YTD return | +9.3% | +16.8% |
| 5Y annualized returnTotal return, distributions reinvested | +7.7% | +14.4% |
| Risk | ||
| Annualized volatility | 17.9% | 19.9% |
| Max drawdown (1Y) | -10.4% | -12.2% |
| Max drawdown (5Y)Total return, distributions reinvested | -24.6% | -35.1% |
| Beta | 1.08 | 1.45 |
| Sharpe ratio | 0.42 | 0.77 |
| Sortino ratio | 0.62 | 1.20 |
| AlgovestIQ | ||
| AIQ Score | 54/100 | 51/100 |
| AIQ Edge Score | 5/10 | 4/10 |
| Momentum | 38/100 | 21/100 |
| Risk Resilience | 80/100 | 72/100 |
AlgovestIQ AIQ Comparison
WisdomTree Emerging Markets SmallCap Dividend Fund vs Invesco QQQ Trust, Series 1
DGS leads
DGS leads by 3 AIQ points, primarily on Value and Momentum, having only recently taken the lead back from QQQ.
Fragile: 2 of 4 evidence groups support DGS, the lead recently changed hands, and its current signal state is conflicted.
WisdomTree Emerging Markets SmallCap Dividend Fund
Invesco QQQ Trust, Series 1
The Algovestiq AIQ Score currently favors DGS over QQQ, 54 versus 51 as of Oct 21, 2026. DGS's advantage is driven primarily by stronger value and momentum, while QQQ holds the stronger quality profile. DGS also shows the weaker technical structure relative to its 50-day moving average. 2 of 4 covered evidence groups favor DGS today, and the comparison is rated Fragile on stability: the AIQ gap is narrow at 3 points. DGS lead: Reversed — QQQ led by 11 AIQ points 30 sessions ago; DGS now leads by 3.
Compare WisdomTree Emerging Markets SmallCap Dividend Fund and Invesco QQQ Trust, Series 1 across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
DGS vs QQQ: which fits what
Each row is settled by a single measure. Where the gap is too small to matter it reads Similar, and no row decides the comparison as a whole.
| If you want | DGS | QQQ | Fits |
|---|---|---|---|
| Lower costExpense ratio | 0.58% | 0.18% | QQQ |
| Broader diversificationNumber of holdings | 1,029 | 107 | DGS |
| Lower concentrationWeight of the 10 largest holdings | 10.3% | 47% | DGS |
| Higher incomeTrailing 12-month distribution yield | 3.8% | 0.43% | DGS |
| Smaller drawdownsMax drawdown, 5 years | -24.6% | -35.1% | DGS |
| Lower volatilityAnnualized volatility, 1 year | 17.9% | 19.9% | DGS |
Similar means the gap is within 0.01 percentage points of expense ratio, 25% more holdings, 3 points of top-10 weight, 0.2 points of yield, 2 points of drawdown or 1 point of volatility. Past drawdowns and volatility describe the funds’ history, not their future.
Performance over time
Total return with distributions reinvested, from daily closes for both ETFs.
Total return comparison
Growth of $10,000, distributions reinvested
Split-adjusted closes; each distribution is reinvested at the close on its ex-dividend date. Taxes and trading costs are not modeled.
Compare DGS and QQQ against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Quality41 vs 82QQQ +41
- Value66 vs 35DGS +31
- Momentum38 vs 21DGS +17
- Risk Resilience80 vs 72DGS +8
2 of 4 evidence groups favor DGS. DGS’s edge is concentrated in value and momentum; QQQ keeps a meaningful quality edge.
What changed since the last close
Latest scored session 2026-10-20, compared against the prior scored session 2026-10-19.
Largest factor move: Momentum +4
No signal started or stopped since the prior session; its 4 active signals are unchanged.
Largest factor move: Momentum -2
No signal started or stopped since the prior session; its 3 active signals are unchanged.
DGS's lead widened by 2 AIQ points in the latest session.
Deeper signal detail for each name lives on its own signals page — DGS and QQQ both carry a full feed there.
The central trade-off
DGS (WisdomTree Emerging Markets SmallCap Dividend Fund): the stronger current systematic profile, led by value and momentum.
QQQ (Invesco QQQ Trust, Series 1): the counter-case, on quality, technicals.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | DGS | QQQ | Why it matters |
|---|---|---|---|
| Expense ratio | 0.58% | 0.18% | Lower is better — it compounds against you every year you hold. |
| Holdings | 1,029 | 107 | More holdings means broader diversification, not better returns. |
| Average volume | 39,614 | 37,968,274 | Liquidity — matters most if you trade size. |
| Annualized volatility | 17.9% | 19.9% | Lower is a steadier ride for the same exposure. |
| Max drawdown (1Y) | -10.4% | -12.2% | The worst peak-to-trough loss over the past year. |
| Sharpe ratio | 0.42 | 0.77 | Return per unit of risk. Higher is better. |
| Beta | 1.08 | 1.45 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
How much of the same holdings they own
DGS and QQQ share 0% of their weighted exposure across 0 common holdings.
1,004 holdings are unique to DGS, and 102 holdings are unique to QQQ. Owning both is genuinely additive — most of the capital sits in different securities.
QQQ is the more concentrated of the two: its ten largest positions are 46.96% of the fund, against 10.28% for DGS (107 holdings vs 1,029). Concentration cuts both ways — it is what drives outperformance when the top names work, and what makes the drawdown deeper when they do not.
What DGS adds that QQQ doesn’t
| Holding | DGS | QQQ |
|---|---|---|
| 3481.TWInnoLux Corp | 2.33% | Not held |
| GRT.JOGrowthpoint Properties Ltd | 1.15% | Not held |
| BBAJIOO.MXBanco Del Bajio Sa | 1.01% | Not held |
| OMU.JOOld Mutual Ltd | 0.99% | Not held |
| 6239.TWPowertech Technology Inc | 0.96% | Not held |
| 2313.TWCompeq Manufacturing Co | 0.94% | Not held |
What QQQ adds that DGS doesn’t
| Holding | QQQ | DGS |
|---|---|---|
| NVDANVIDIA Corp | 8.49% | Not held |
| AAPLApple Inc | 7.71% | Not held |
| MSFTMicrosoft Corp | 5.88% | Not held |
| MUMicron Technology Inc | 4.89% | Not held |
| AMZNAmazon.com Inc | 4.36% | Not held |
| AMDAdvanced Micro Devices Inc | 3.64% | Not held |
Each list is a fund’s largest positions by weight that the other fund does not hold, or holds at less than half the weight.
DGS vs QQQ: five-year payout growth
QQQ grew its split-adjusted payout faster over 2020-2025 — 9.99% a year against DGS's 2.31%.
| Dividend metric | DGS | QQQ |
|---|---|---|
| 5Y payout CAGR | 2.31% | 9.99% |
| 2020 annual payout | $1.761 | $1.737 |
| 2025 annual payout | $1.974 | $2.795 |
| Calendar-year declines | 2 | 2 |
| Peer rank | #27 of 33 | #56 of 138 |
Split-adjusted annual distributions, 2020–2025. Research as of Sep 19, 2026. Yield and expense ratio above are current values, not part of this window.
AIQ Agreement Matrix
2 of 4 covered evidence groups favor DGS. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | Even | 54 vs 51 |
| Fundamentals | Not covered | Not covered |
| Valuation | DGS | Value 66 vs 35 |
| Technicals | QQQ | Price vs 50-day -1.7% vs -0.2%; vs 200-day -0.7% vs 6.2% |
| Risk Resilience | DGS | Risk Resilience 80 vs 72 |
| Analyst expectations | Not covered | Not covered |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of DGS and QQQ and are excluded from the count.
AIQ Decision Stability
The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.
- The AIQ gap is narrow at 3 points. (argues the conclusion is provisional)
- Only 2 of 4 covered evidence groups agree. (argues the conclusion is provisional)
- The lead has already changed hands inside the comparison window. (argues the conclusion is provisional)
- The leader is throwing conflicting signals. (argues the conclusion is provisional)
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on DGS.
How the comparison changed
95 daily snapshots · Jun 22 – Oct 20DGS lead: Reversed — QQQ led by 11 AIQ points 30 sessions ago; DGS now leads by 3.
- Today
- DGS +3
- 54 vs 51
- 7 sessions ago
- QQQ +3
- 54 vs 57
- 30 sessions ago
- QQQ +11
- 54 vs 65
- 90 sessions ago
- QQQ +8
- 54 vs 62
The lead changed hands 5 times in this window, most recently on Oct 19 when DGS moved ahead of QQQ.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
1 bullish / 1 bearish / 2 neutral, conflicted
Only DGS
- Bollinger Band Squeeze — neutral, volatility, short horizon
- ATR Contraction - Coiling — neutral, volatility, short horizon (1.13%)
1 bullish / 2 bearish, conflicted
Only QQQ
- Keltner Channel Breakdown — bearish, volatility, short horizon
Both carry 2 more signals that do not separate them: Golden Cross Active, MACD Bearish Crossover.
DGS leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price +0.1%, AIQ +1 points).
Price is up while the AIQ Score moved down 1 points over the same session — price and model disagree (price +1.05%, AIQ -1 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1QQQ closes the Value gap — currently 31 points behind, the largest single contributor to DGS's edge.
- 2QQQ's Keltner Channel Breakdown resolves — a bearish volatility rule currently active against it.
- 3DGS's conflicting signal state resolves bearish — it currently carries 1 bullish and 1 bearish rules at once.
- 4A regime shift changes factor weighting — Quality and Value carry the heaviest weights in the composite, so a rotation toward either would move the result most.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Performance
QQQ leads 4 of 6 windows| Metric | DGS | QQQ |
|---|---|---|
| 1 week (5 sessions) | -2.1% | -3.5% |
| 1 month (20 sessions) | -3.6% | -4% |
| 3 months (63 sessions) | 0.1% | 1.7% |
| 6 months (126 sessions) | -2% | 11.4% |
| Year to date | 9.3% | 16.8% |
| 1 year (252 sessions) | 9.7% | 19.6% |
Technicals
QQQ has the stronger structure| Metric | DGS | QQQ |
|---|---|---|
| RSI (14) | 45.6 | 37.2 |
| ADX (14) | 15.2 | 20.3 |
| Price vs 50-day | -1.7% | -0.2% |
| Price vs 200-day | -0.7% | 6.2% |
| Volatility (1M, annualized) | 14.2% | 15.4% |
Risk
DGS is the more resilient| Metric | DGS | QQQ |
|---|---|---|
| Beta | 1.08 | 1.45 |
| Sharpe ratio | 0.42 | 0.77 |
| Sortino ratio | 0.62 | 1.2 |
| Max drawdown | -10.4% | -12.2% |
| Current drawdown | -6.1% | -5.5% |
| Annualized volatility | 17.9% | 19.9% |
| Value at risk (95%) | -1.9% | -1.9% |
Straight answers
Short answers to the questions fund investors ask about this pair, from the figures above.
What is the difference between DGS and QQQ?
DGS holds 1,029 positions to QQQ's 107, and 0% of their weight is in the same securities.
How much do DGS and QQQ overlap?
DGS and QQQ share 0% of their weighted exposure across 0 common holdings. 1,004 holdings are unique to DGS, and 102 holdings are unique to QQQ. Owning both is genuinely additive — most of the capital sits in different securities.
Which ETF is more diversified, DGS or QQQ?
DGS holds more positions: 1,029 versus 107 for QQQ.
Which has the lower expense ratio?
QQQ has the lower expense ratio, 0.18% a year against 0.58% for DGS.
Which ETF has the higher distribution yield?
DGS, with a trailing 12-month distribution yield of 3.8% against 0.43% for QQQ.
Which ETF has been more volatile?
QQQ has been more volatile over the past year, at 19.9% annualized against 17.9% for DGS.
Which ETF has had the smaller drawdown?
DGS fell less from peak to trough over the past five years: -24.6% against -35.1% for QQQ.
Compare DGS and QQQ with others
Continue your research
This page answers which of the two. These answer the questions on either side of it.
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality, Value, Momentum and Risk, each carrying a fixed weight. Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.