DFE vs. QGRW

Last updated Aug 2, 2026

DFE (WisdomTree Europe SmallCap Dividend Fund) and QGRW (WisdomTree U.S. Quality Growth Fund) are both exchange-traded funds - DFE is a Europe Equities fund tracking the WisdomTree Europe SmallCap Dividend Index, while QGRW is a Quality Factor fund tracking the WisdomTree U.S. Quality Growth Index. Both are passively managed. Over the past 3 years, DFE returned 14.41%/yr vs 24.09%/yr for QGRW. Their 0.53 correlation means they have sometimes moved together and sometimes differently. DFE charges 0.58%/yr vs 0.28%/yr for QGRW.

Performance

DFE vs. QGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Europe SmallCap Dividend Fund (DFE) and WisdomTree U.S. Quality Growth Fund (QGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFE achieves a 7.42% return, which is significantly lower than QGRW's 10.91% return.

DFE

• 1D: -0.38%
• 1M: 3.01%
• 6M: 3.22%
• YTD: 7.42%
• 1Y: 14.13%
• 3Y*: 14.41%
• 5Y*: 4.54%
• 10Y*: 7.77%
• ALL TIME*: 6.45%

QGRW

• 1D: 2.15%
• 1M: -0.09%
• 6M: 10.31%
• YTD: 10.91%
• 1Y: 22.76%
• 3Y*: 24.09%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 31.48%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFE WisdomTree Europe SmallCap Dividend Fund	$212.25K	$423.32K	$471.65K
QGRW WisdomTree U.S. Quality Growth Fund	$11.15M	$14.16M	$19.72M

DFE vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DFE WisdomTree Europe SmallCap Dividend Fund	7.42%	32.85%	-0.61%	14.94%	-1.66%
QGRW WisdomTree U.S. Quality Growth Fund	10.91%	19.20%	34.85%	56.05%	-3.07%

Correlation

The correlation between DFE and QGRW is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.58
Correlation (3Y) Balances recent behavior with more history.	0.51
Correlation (All Time) Calculated using the full available price history since Dec 15, 2022	0.53

The correlation between DFE and QGRW has been stable across timeframes, ranging from 0.51 to 0.58 - a consistent structural relationship.

DFE vs. QGRW - Sectors Allocation Comparison

Sectors	DFE	QGRW
Industrials	25.7%	9.3%
Financial Services	10.0%	3.7%
Consumer Cyclical	9.4%	13.4%
Basic Materials	7.7%	-
Energy	6.8%	0.5%
Technology	6.8%	50.7%
Real Estate	6.5%	-
Communication Services	5.8%	15.4%
Consumer Defensive	3.5%	0.5%
Utilities	3.5%	0.9%
Healthcare	3.4%	5.5%

Return for Risk

DFE vs. QGRW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DFE

DFE Risk / Return Rank: 36
DFE Sharpe Ratio Rank: 37
DFE Sortino Ratio Rank: 37
DFE Omega Ratio Rank: 35
DFE Calmar Ratio Rank: 36
DFE Martin Ratio Rank: 38

QGRW

QGRW Risk / Return Rank: 40
QGRW Sharpe Ratio Rank: 42
QGRW Sortino Ratio Rank: 41
QGRW Omega Ratio Rank: 39
QGRW Calmar Ratio Rank: 38
QGRW Martin Ratio Rank: 41

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DFE vs. QGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe SmallCap Dividend Fund (DFE) and WisdomTree U.S. Quality Growth Fund (QGRW). 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.

	DFE	QGRW	Difference
Sharpe ratio: Return per unit of total volatility	0.92	1.03	-0.11
Sortino ratio: Return per unit of downside risk	1.38	1.50	-0.12
Omega ratio: Gain probability vs. loss probability	1.17	1.19	-0.02
Calmar ratio: Return relative to maximum drawdown	1.21	1.30	-0.08
Martin ratio: Return relative to average drawdown	3.88	4.44	-0.56

DFE vs. QGRW - Sharpe Ratio Comparison

The current DFE Sharpe Ratio is 0.92, which is comparable to the QGRW Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of DFE and QGRW, 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

DFE vs. QGRW - Drawdown Comparison

The maximum DFE drawdown since its inception was -69.38%, which is greater than QGRW's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for DFE and QGRW.

Drawdown Indicators

	DFE	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-69.38%	-24.40%	-44.98%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-15.44%	+4.03%
Max Drawdown (3Y) Largest decline over 3 years	-13.86%	-24.40%	+10.54%
Max Drawdown (5Y) Largest decline over 5 years	-40.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.66%	—	—
Current Drawdown Current decline from peak	-1.05%	-5.19%	+4.14%
Average Drawdown Average peak-to-trough decline	-17.62%	-3.34%	-14.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	4.51%	-0.95%

Volatility

DFE vs. QGRW - Volatility Comparison

The current volatility for WisdomTree Europe SmallCap Dividend Fund (DFE) is 4.06%, while WisdomTree U.S. Quality Growth Fund (QGRW) has a volatility of 5.89%. This indicates that DFE experiences smaller price fluctuations and is considered to be less risky than QGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFE	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	5.89%	-1.83%
Volatility (6M) Calculated over the trailing 6-month period	12.82%	15.87%	-3.05%
Volatility (1Y) Calculated over the trailing 1-year period	15.15%	19.49%	-4.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.04%	21.24%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.20%	21.24%	-2.04%

DFE vs. QGRW - Expense Ratio Comparison

DFE has a 0.58% expense ratio, which is higher than QGRW's 0.28% expense ratio.

Dividends

DFE vs. QGRW - Dividend Comparison

DFE's dividend yield for the trailing twelve months is around 3.95%, more than QGRW's 0.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFE WisdomTree Europe SmallCap Dividend Fund	3.95%	4.38%	4.93%	4.97%	5.84%	2.56%	2.43%	3.39%	4.97%	2.53%	4.05%	2.78%
QGRW WisdomTree U.S. Quality Growth Fund	0.08%	0.09%	0.14%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DFE and QGRW in my portfolio?

DFE and QGRW have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFE or QGRW?

QGRW has higher volatility (5.89%) compared to DFE (4.06%). In terms of maximum drawdown, DFE dropped -69.38% vs QGRW's -24.40%.

Which ETF is better, DFE or QGRW?

On 3-year performance, QGRW leads with 24.09% vs 14.41% for DFE. On fees, QGRW is cheaper at 0.28% per year. On volatility, DFE has been the lower-risk option at 4.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFE or QGRW?

Over the 3-year period, QGRW has performed better with a 24.09% return vs 14.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFE or QGRW?

QGRW is cheaper with a 0.28% expense ratio, compared with 0.58% for DFE.

Which ETF pays a higher dividend yield, DFE or QGRW?

DFE has the higher dividend yield at 3.95%, compared with 0.08% for QGRW.

What is the main difference between DFE and QGRW?

DFE is categorized as Europe Equities, while QGRW is Quality Factor. DFE tracks WisdomTree Europe SmallCap Dividend Index, while QGRW tracks WisdomTree U.S. Quality Growth Index. Their fees differ too: 0.58% for DFE and 0.28% for QGRW.

Which has better risk-adjusted returns?

QGRW currently has the higher Sharpe Ratio (1.03 vs 0.92), 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.