DCBO vs. DGRW

Last updated Jun 4, 2026

DCBO (Docebo Inc) is a stock, while DGRW (WisdomTree U.S. Dividend Growth Fund) is Large Cap Growth Equities fund tracking the WisdomTree U.S. Dividend Growth Index. Over the past 5 years, DCBO returned -20.27%/yr vs 12.17%/yr for DGRW. At a 0.41 correlation, their price movements are largely independent.

Performance

DCBO vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Docebo Inc (DCBO) and WisdomTree U.S. Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DCBO achieves a -24.50% return, which is significantly lower than DGRW's 9.10% return.

DCBO

• 1D: -11.32%
• 1M: -20.98%
• YTD: -24.50%
• 6M: -22.41%
• 1Y: -38.04%
• 3Y*: -21.46%
• 5Y*: -20.27%
• 10Y*: —

DGRW

• 1D: -0.83%
• 1M: 4.06%
• YTD: 9.10%
• 6M: 8.62%
• 1Y: 20.79%
• 3Y*: 16.64%
• 5Y*: 12.17%
• 10Y*: 14.15%

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

DCBO vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DCBO Docebo Inc	-24.50%	-50.41%	-7.46%	45.99%	-50.80%	3.49%	30.18%
DGRW WisdomTree U.S. Dividend Growth Fund	9.10%	12.17%	16.98%	18.66%	-6.33%	24.46%	2.18%

Correlation

The correlation between DCBO and DGRW is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (All Time) Calculated using the full available price history since Dec 4, 2020	0.41

The correlation between DCBO and DGRW shifts across timeframes, from 0.31 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DCBO vs. DGRW — Risk / Return Rank

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

DCBO

DCBO Risk / Return Rank: 13
DCBO Sharpe Ratio Rank: 11
DCBO Sortino Ratio Rank: 13
DCBO Omega Ratio Rank: 13
DCBO Calmar Ratio Rank: 15
DCBO Martin Ratio Rank: 13

DGRW

DGRW Risk / Return Rank: 60
DGRW Sharpe Ratio Rank: 61
DGRW Sortino Ratio Rank: 65
DGRW Omega Ratio Rank: 63
DGRW Calmar Ratio Rank: 50
DGRW Martin Ratio Rank: 61

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.

DCBO vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Docebo Inc (DCBO) 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.

	DCBO	DGRW	Difference
Sharpe ratio Return per unit of total volatility	-0.74	2.12	-2.85
Sortino ratio Return per unit of downside risk	-0.90	3.09	-3.99
Omega ratio Gain probability vs. loss probability	0.88	1.39	-0.51
Calmar ratio Return relative to maximum drawdown	-0.70	2.52	-3.22
Martin ratio Return relative to average drawdown	-1.24	11.03	-12.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DCBO vs. DGRW - Sharpe Ratio Comparison

The current DCBO Sharpe Ratio is -0.74, which is lower than the DGRW Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of DCBO 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.

Sharpe Ratios by Period

	DCBO	DGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.74	2.12	-2.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.39	0.88	-1.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.35	0.86	-1.20

Drawdowns

DCBO vs. DGRW - Drawdown Comparison

The maximum DCBO drawdown since its inception was -84.08%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for DCBO and DGRW.

Drawdown Indicators

	DCBO	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-84.08%	-32.04%	-52.04%
Max Drawdown (1Y) Largest decline over 1 year	-54.35%	-8.30%	-46.05%
Max Drawdown (3Y) Largest decline over 3 years	-73.03%	-16.21%	-56.82%
Max Drawdown (5Y) Largest decline over 5 years	-84.08%	-17.27%	-66.81%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-81.85%	-0.83%	-81.02%
Average Drawdown Average peak-to-trough decline	-52.36%	-3.01%	-49.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.78%	1.89%	+28.89%

Volatility

DCBO vs. DGRW - Volatility Comparison

Docebo Inc (DCBO) has a higher volatility of 23.38% compared to WisdomTree U.S. Dividend Growth Fund (DGRW) at 2.47%. This indicates that DCBO'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

	DCBO	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.38%	2.47%	+20.91%
Volatility (6M) Calculated over the trailing 6-month period	46.46%	7.64%	+38.82%
Volatility (1Y) Calculated over the trailing 1-year period	51.78%	9.88%	+41.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.78%	13.97%	+37.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.41%	16.21%	+36.20%

Dividends

DCBO vs. DGRW - Dividend Comparison

DCBO has not paid dividends to shareholders, while DGRW's dividend yield for the trailing twelve months is around 1.27%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DCBO Docebo Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DGRW WisdomTree U.S. Dividend Growth Fund	1.27%	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 DCBO and DGRW in my portfolio?

DCBO and DGRW have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DCBO or DGRW?

DCBO has higher volatility (23.38%) compared to DGRW (2.47%). In terms of maximum drawdown, DCBO dropped -84.08% vs DGRW's -32.04%.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (2.12 vs -0.74), 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.