WisdomTree U.S. SmallCap Quality Growth Fund (QSML) Performance
QSML total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +18.5% since Dec 31, 2025
- 1 year
- +19.8% total return
- Since first price
- +38.0% since 2024
QSML trailing returns vs SPY, QQQ, AGG
| Period | QSML total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.0% | +4.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.6% | +4.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +12.8% | +12.8% | +7.8% | +8.4% | −1.5% |
| YTD | +18.5% | +18.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.8% | +19.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 25, 2024 | +38.0% | +36.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QSML vs SPY
From Jan 25, 2024: QSML grew to $13,796, SPY to $16,082.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QSML returns by calendar year
1 of 1 full years positive. Best 2025 (+5.5%), worst 2025 (+5.5%). 2026 is year to date.
QSML annual returns table
| Year | QSML | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +18.5% | −10.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +5.5% | −25.7% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QSML largest drawdowns
Now 3.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −28.5% | Apr 8, 2025 | Dec 11, 2025 | 4 months | 1.0 years |
| Jan 22, 2026 | −10.7% | Mar 30, 2026 | Apr 20, 2026 | 2 months | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QSML risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +11.3% |
| Volatility (annualized) | 18.2% |
| Sharpe ratio | 0.44 |
| Sortino ratio | 0.72 |
| Best month | +12.4% |
| Worst month | −7.4% |
| Best 12 months | +31.3% |
| Worst 12 months | −6.9% |
| Positive months | 62% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QSML rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 22 | −6.9% | +6.6% | +31.3% | 77% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
QSML performance overview
WisdomTree U.S. SmallCap Quality Growth Fund (QSML) returned +19.8% over the past year, with distributions reinvested. Since its first recorded price on Jan 25, 2024 it has returned +38.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −28.5%, from Nov 25, 2024 to Apr 8, 2025, and it took 8 months to get back to the old high. Volatility has been 18.2% a year.
Related: QSML chart, QSML holdings, QSML dividends, QSML valuation. See the QSML overview for the latest quote and fund facts.
QSML performance FAQ
What is the QSML return over the past year?
QSML returned +19.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 19.1%.
How much would $10,000 invested in QSML be worth?
$10,000 invested in QSML at its first recorded close on January 25, 2024 would be worth about $13,796 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of QSML?
The largest peak-to-trough decline was −28.5% between November 25, 2024 and April 8, 2025. It recovered to the old high on December 11, 2025, 8 months after the bottom.
How volatile is QSML?
Over the past history QSML had an annualized volatility of 18.2% and a Sharpe ratio of 0.44 (excess return over 1–3 month T-bills per unit of risk).