AVMC vs. DGRW

Last updated Jun 24, 2026

AVMC (Avantis U.S. Mid Cap Equity ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - AVMC is a Mid Cap Blend Equities fund actively managed by Avantis, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. AVMC is actively managed, while DGRW is passively managed. Over the past year, AVMC returned 22.96% vs 16.86% for DGRW. Their correlation of 0.85 suggests significant overlap in exposure. AVMC charges 0.20%/yr vs 0.28%/yr for DGRW.

Performance

AVMC vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Mid Cap Equity ETF (AVMC) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVMC achieves a 12.31% return, which is significantly higher than DGRW's 6.36% return.

AVMC

• 1D: -0.79%
• 1M: 1.58%
• YTD: 12.31%
• 6M: 10.80%
• 1Y: 22.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DGRW

• 1D: -0.92%
• 1M: -1.62%
• YTD: 6.36%
• 6M: 5.72%
• 1Y: 16.86%
• 3Y*: 15.10%
• 5Y*: 11.78%
• 10Y*: 14.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVMC vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVMC Avantis U.S. Mid Cap Equity ETF	12.31%	9.98%	16.84%	14.02%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	6.36%	12.17%	16.98%	8.45%

Correlation

The correlation between AVMC and DGRW is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.85

The correlation between AVMC and DGRW has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.

AVMC vs. DGRW - Sectors Allocation Comparison

Sectors	AVMC	DGRW
Industrials	19.3%	9.9%
Financial Services	15.8%	11.3%
Technology	14.6%	32.1%
Consumer Cyclical	10.9%	7.1%
Healthcare	10.2%	12.8%
Energy	8.5%	5.0%
Consumer Defensive	6.8%	6.7%
Utilities	5.3%	0.2%
Basic Materials	5.3%	3.3%
Communication Services	2.7%	10.1%
Real Estate	0.6%	-

Return for Risk

AVMC vs. DGRW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVMC

AVMC Risk / Return Rank: 55
AVMC Sharpe Ratio Rank: 51
AVMC Sortino Ratio Rank: 52
AVMC Omega Ratio Rank: 48
AVMC Calmar Ratio Rank: 62
AVMC Martin Ratio Rank: 64

DGRW

DGRW Risk / Return Rank: 48
DGRW Sharpe Ratio Rank: 49
DGRW Sortino Ratio Rank: 50
DGRW Omega Ratio Rank: 49
DGRW Calmar Ratio Rank: 42
DGRW Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVMC vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Equity ETF (AVMC) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). 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.

	AVMC	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.65	1.65	0.00
Sortino ratio: Return per unit of downside risk	2.39	2.36	+0.03
Omega ratio: Gain probability vs. loss probability	1.29	1.30	-0.01
Calmar ratio: Return relative to maximum drawdown	2.92	2.04	+0.88
Martin ratio: Return relative to average drawdown	10.85	8.67	+2.18

AVMC vs. DGRW - Sharpe Ratio Comparison

The current AVMC Sharpe Ratio is 1.65, which is comparable to the DGRW Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of AVMC and DGRW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVMC vs. DGRW - Drawdown Comparison

The maximum AVMC drawdown since its inception was -21.84%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for AVMC and DGRW.

Drawdown Indicators

	AVMC	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-21.84%	-32.04%	+10.20%
Max Drawdown (1Y) Largest decline over 1 year	-7.90%	-8.30%	+0.40%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-1.21%	-3.32%	+2.11%
Average Drawdown Average peak-to-trough decline	-3.17%	-3.01%	-0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	1.95%	+0.17%

Volatility

AVMC vs. DGRW - Volatility Comparison

Avantis U.S. Mid Cap Equity ETF (AVMC) has a higher volatility of 4.16% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 3.75%. This indicates that AVMC's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVMC	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	3.75%	+0.41%
Volatility (6M) Calculated over the trailing 6-month period	10.36%	8.26%	+2.10%
Volatility (1Y) Calculated over the trailing 1-year period	14.03%	10.30%	+3.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.95%	14.01%	+2.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	16.21%	+0.74%

AVMC vs. DGRW - Expense Ratio Comparison

AVMC has a 0.20% expense ratio, which is lower than DGRW's 0.28% expense ratio.

Dividends

AVMC vs. DGRW - Dividend Comparison

AVMC's dividend yield for the trailing twelve months is around 1.22%, less than DGRW's 1.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVMC Avantis U.S. Mid Cap Equity ETF	1.22%	1.12%	1.02%	0.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.30%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%

Frequently Asked Questions

Can I hold both AVMC and DGRW in my portfolio?

AVMC and DGRW have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVMC or DGRW?

AVMC has higher volatility (4.16%) compared to DGRW (3.75%). In terms of maximum drawdown, AVMC dropped -21.84% vs DGRW's -32.04%.

Which ETF is better, AVMC or DGRW?

On 1-year performance, AVMC leads with 22.96% vs 16.86% for DGRW. On fees, AVMC is cheaper at 0.20% per year. On volatility, DGRW has been the lower-risk option at 3.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVMC or DGRW?

Over the 1-year period, AVMC has performed better with a 22.96% return vs 16.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVMC or DGRW?

AVMC is cheaper with a 0.20% expense ratio, compared with 0.28% for DGRW.

Which ETF pays a higher dividend yield, AVMC or DGRW?

DGRW has the higher dividend yield at 1.30%, compared with 1.22% for AVMC.

What is the main difference between AVMC and DGRW?

AVMC is categorized as Mid Cap Blend Equities, while DGRW is Dividend. They also come from different issuers: Avantis and WisdomTree. Their fees differ too: 0.20% for AVMC and 0.28% for DGRW.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (1.65 vs 1.65), 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.