DGRE vs QLVE
WisdomTree Emerging Markets Quality Dividend Growth Fund vs Northern Trust Emerging Markets Quality Low Volatility ETF
Which is better, DGRE or QLVE?
DGRE has been ahead.
QLVE has a lower expense ratio. DGRE led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. QLVE is less concentrated, with 38.5% of the fund in its ten largest positions against 42.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DGRE | QLVE |
|---|---|---|
| Expense Ratio | 0.32% | 0.18%Best |
| AUM | $145M | $17M |
| Dividend Yield | 1.39% | 3.02% |
| Holdings | 282 | 169 |
| YTD Return | +22.92%Best | +12.55% |
| 1Y Return | +35.75%Best | +18.18% |
| 3Y Return (annualized) | +22.70%Best | +17.74% |
| 5Y Return (annualized) | +9.25%Best | +7.57% |
| Volatility (annualized) | 18.6% | 13.1%Best |
| Max Drawdown | -35.9% | -30.0%Best |
| $10,000 over 5 years | $15,563Best | $14,403 |
| Top 10 Weight | 42.2% | 38.5%Best |
| Fund Family | WisdomTree Investments | Northern Trust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 1, 2013 | Jul 15, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Jul 16, 2019 to Oct 14, 2026 (7.2 years).
DGRE vs QLVE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.2 years both funds cover.
DGRE vs QLVE Performance
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) is an ETF from WisdomTree Investments and Northern Trust Emerging Markets Quality Low Volatility ETF (QLVE) is an ETF from Northern Trust Asset Management. Over the past year DGRE returned +35.75% while QLVE returned +18.18%. Year to date, DGRE is up 22.92% versus a gain of 12.55% for QLVE.
Over three years, DGRE compounded at +22.70% per year against +17.74% for QLVE; over five years the annualized figures are +9.25% and +7.57% respectively. Across the full 7-year window we track, DGRE has the edge at +8.57% annualized vs +6.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DGRE has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 13.1% for QLVE. 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 -35.9% for DGRE and -30.0% for QLVE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DGRE charges 0.32% per year while QLVE charges 0.18%. On a $10,000 position that is $32 vs $18 annually, a gap of $14 per year that compounds over a long holding period. On income, DGRE currently yields 1.39% against 3.02% for QLVE.
Holdings Overlap
We hold position weights for 198 holdings in DGRE and 135 in QLVE, totalling 99.8% and 97.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 198 positions we hold weights for in DGRE and 135 in QLVE, against full books of 282 and 169.
What only one of them owns
Our book lists 3 positions for QLVE that do not appear in our book for DGRE (1.1% of the fund), and 198 for DGRE that do not appear in QLVE (99.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of DGRE and QLVE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DGRE or QLVE?
DGRE has an expense ratio of 0.32% while QLVE charges 0.18%. QLVE is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, DGRE or QLVE?
Over the past year DGRE returned +35.75% vs +18.18% for QLVE, so DGRE leads on 1-year performance. Over the longest common window we track (7 years), DGRE annualized +8.57% vs +6.26% for QLVE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DGRE or QLVE?
DGRE has been the more volatile fund at 18.6% annualized versus 13.1% for QLVE. Worst drawdown: DGRE -35.9% vs QLVE -30.0%.
Should I hold both DGRE and QLVE?
DGRE and QLVE have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, DGRE or QLVE?
DGRE yields 1.39% while QLVE yields 3.02%, so QLVE currently pays the higher dividend yield.
Is QLVE better than DGRE?
QLVE has a lower expense ratio. DGRE led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. QLVE is less concentrated, with 38.5% of the fund in its ten largest positions against 42.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.