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CGW vs. DGRW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CGW and DGRW is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

CGW vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Global Water Index ETF (CGW) and WisdomTree U.S. Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CGW:

0.31

DGRW:

0.41

Sortino Ratio

CGW:

0.32

DGRW:

0.60

Omega Ratio

CGW:

1.04

DGRW:

1.08

Calmar Ratio

CGW:

0.16

DGRW:

0.34

Martin Ratio

CGW:

0.39

DGRW:

1.26

Ulcer Index

CGW:

6.09%

DGRW:

4.44%

Daily Std Dev

CGW:

15.83%

DGRW:

16.50%

Max Drawdown

CGW:

-57.24%

DGRW:

-32.04%

Current Drawdown

CGW:

-0.53%

DGRW:

-6.22%

Returns By Period

In the year-to-date period, CGW achieves a 11.73% return, which is significantly higher than DGRW's -1.09% return. Over the past 10 years, CGW has underperformed DGRW with an annualized return of 9.18%, while DGRW has yielded a comparatively higher 11.93% annualized return.


CGW

YTD

11.73%

1M

5.05%

6M

3.36%

1Y

4.39%

3Y*

9.98%

5Y*

13.18%

10Y*

9.18%

DGRW

YTD

-1.09%

1M

3.45%

6M

-4.84%

1Y

6.40%

3Y*

12.19%

5Y*

15.18%

10Y*

11.93%

*Annualized

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CGW vs. DGRW - Expense Ratio Comparison

CGW has a 0.57% expense ratio, which is higher than DGRW's 0.28% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

CGW vs. DGRW — Risk-Adjusted Performance Rank

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

CGW
The Risk-Adjusted Performance Rank of CGW is 2929
Overall Rank
The Sharpe Ratio Rank of CGW is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of CGW is 2626
Sortino Ratio Rank
The Omega Ratio Rank of CGW is 2525
Omega Ratio Rank
The Calmar Ratio Rank of CGW is 3030
Calmar Ratio Rank
The Martin Ratio Rank of CGW is 2626
Martin Ratio Rank

DGRW
The Risk-Adjusted Performance Rank of DGRW is 4545
Overall Rank
The Sharpe Ratio Rank of DGRW is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of DGRW is 4242
Sortino Ratio Rank
The Omega Ratio Rank of DGRW is 4343
Omega Ratio Rank
The Calmar Ratio Rank of DGRW is 4848
Calmar Ratio Rank
The Martin Ratio Rank of DGRW is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CGW vs. DGRW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Global Water Index ETF (CGW) and WisdomTree U.S. 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.


The current CGW Sharpe Ratio is 0.31, which is comparable to the DGRW Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of CGW and DGRW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

CGW vs. DGRW - Dividend Comparison

CGW's dividend yield for the trailing twelve months is around 2.03%, more than DGRW's 1.53% yield.


TTM20242023202220212020201920182017201620152014
CGW
Invesco S&P Global Water Index ETF
2.03%2.27%1.55%1.45%1.59%1.41%1.48%2.14%1.71%1.65%1.67%1.77%
DGRW
WisdomTree U.S. Dividend Growth Fund
1.53%1.55%1.74%2.15%1.78%1.91%2.20%2.42%1.73%2.13%2.18%1.79%

Drawdowns

CGW vs. DGRW - Drawdown Comparison

The maximum CGW drawdown since its inception was -57.24%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for CGW and DGRW.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

CGW vs. DGRW - Volatility Comparison

The current volatility for Invesco S&P Global Water Index ETF (CGW) is 3.28%, while WisdomTree U.S. Dividend Growth Fund (DGRW) has a volatility of 3.96%. This indicates that CGW experiences smaller price fluctuations and is considered to be less risky than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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