DGRE vs. CLIP
DGRE (WisdomTree Emerging Markets Quality Dividend Growth Fund) and CLIP (Global X 1-3 Month T-Bill ETF) are both exchange-traded funds - DGRE is a Emerging Markets Equities fund actively managed by WisdomTree, while CLIP is a Ultrashort Bond fund tracking the Solactive 1-3 month US T-Bill Index - USD. DGRE is actively managed, while CLIP is passively managed. Over the past 3 years, DGRE returned 23.16%/yr vs 4.64%/yr for CLIP. At a correlation of -0.04, they often move in opposite directions. DGRE charges 0.32%/yr vs 0.07%/yr for CLIP.
Performance
DGRE vs. CLIP - Performance Comparison
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Returns By Period
In the year-to-date period, DGRE achieves a 27.61% return, which is significantly higher than CLIP's 1.71% return.
DGRE
- 1D
- -5.02%
- 1M
- 2.22%
- YTD
- 27.61%
- 6M
- 28.61%
- 1Y
- 51.74%
- 3Y*
- 23.16%
- 5Y*
- 8.42%
- 10Y*
- 9.58%
CLIP
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 1.71%
- 6M
- 1.80%
- 1Y
- 3.95%
- 3Y*
- 4.64%
- 5Y*
- —
- 10Y*
- —
DGRE vs. CLIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund | 27.61% | 27.47% | 3.63% | 8.91% |
CLIP Global X 1-3 Month T-Bill ETF | 1.71% | 4.23% | 5.26% | 2.82% |
Correlation
The correlation between DGRE and CLIP is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2023 | -0.04 |
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Return for Risk
DGRE vs. CLIP — Risk / Return Rank
DGRE
CLIP
DGRE vs. CLIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and Global X 1-3 Month T-Bill ETF (CLIP). 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.
| DGRE | CLIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.54 | ||
| Sortino ratioReturn per unit of downside risk | -77.92 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 26.35 | -24.92 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | 141.67 | -137.87 |
| Martin ratioReturn relative to average drawdown | 14.91 | 1,281.30 | -1,266.39 |
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Drawdowns
DGRE vs. CLIP - Drawdown Comparison
The maximum DGRE drawdown since its inception was -36.95%, which is greater than CLIP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for DGRE and CLIP.
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Drawdown Indicators
| DGRE | CLIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.95% | -0.08% | -36.87% |
Max Drawdown (1Y)Largest decline over 1 year | -13.68% | -0.03% | -13.65% |
Max Drawdown (3Y)Largest decline over 3 years | -20.65% | -0.08% | -20.57% |
Max Drawdown (5Y)Largest decline over 5 years | -33.99% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.95% | — | — |
Current DrawdownCurrent decline from peak | -5.67% | 0.00% | -5.67% |
Average DrawdownAverage peak-to-trough decline | -11.96% | -0.00% | -11.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 0.00% | +3.48% |
Volatility
DGRE vs. CLIP - Volatility Comparison
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) has a higher volatility of 11.80% compared to Global X 1-3 Month T-Bill ETF (CLIP) at 0.07%. This indicates that DGRE's price experiences larger fluctuations and is considered to be riskier than CLIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DGRE | CLIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.80% | 0.07% | +11.73% |
Volatility (6M)Calculated over the trailing 6-month period | 20.85% | 0.15% | +20.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.57% | 0.22% | +22.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.71% | 0.44% | +18.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.83% | 0.44% | +19.39% |
DGRE vs. CLIP - Expense Ratio Comparison
DGRE has a 0.32% expense ratio, which is higher than CLIP's 0.07% expense ratio.
Dividends
DGRE vs. CLIP - Dividend Comparison
DGRE's dividend yield for the trailing twelve months is around 1.22%, less than CLIP's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLIP Global X 1-3 Month T-Bill ETF | 3.90% | 4.14% | 5.11% | 2.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund | 1.22% | 1.65% | 1.90% | 2.22% | 4.38% | 2.56% | 2.11% | 2.32% | 2.71% | 3.12% | 3.18% | 3.01% |
Frequently Asked Questions
DGRE and CLIP have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DGRE has higher volatility (11.80%) compared to CLIP (0.07%). In terms of maximum drawdown, DGRE dropped -36.95% vs CLIP's -0.08%.
On 3-year performance, DGRE leads with 23.16% vs 4.64% for CLIP. On fees, CLIP is cheaper at 0.07% per year. On volatility, CLIP has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, DGRE has performed better with a 23.16% return vs 4.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CLIP is cheaper with a 0.07% expense ratio, compared with 0.32% for DGRE.
CLIP has the higher dividend yield at 3.90%, compared with 1.22% for DGRE.
DGRE is categorized as Emerging Markets Equities, while CLIP is Ultrashort Bond. They also come from different issuers: WisdomTree and Global X. Their fees differ too: 0.32% for DGRE and 0.07% for CLIP.
CLIP currently has the higher Sharpe Ratio (17.84 vs 2.30), 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.
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