DGRE vs. IHDG

Last updated Jun 23, 2026

DGRE (WisdomTree Emerging Markets Quality Dividend Growth Fund) and IHDG (WisdomTree International Hedged Dividend Growth Fund) are both exchange-traded funds - DGRE is a Emerging Markets Equities fund actively managed by WisdomTree, while IHDG is a Foreign Large Cap Equities fund tracking the WisdomTree International Hedged Dividend Growth Index. DGRE is actively managed, while IHDG is passively managed. Over the past 10 years, DGRE returned 10.15%/yr vs 11.14%/yr for IHDG. A 0.60 correlation means they provide meaningful diversification when combined. DGRE charges 0.32%/yr vs 0.58%/yr for IHDG.

Performance

DGRE vs. IHDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and WisdomTree International Hedged Dividend Growth Fund (IHDG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGRE achieves a 34.34% return, which is significantly higher than IHDG's 9.17% return. Over the past 10 years, DGRE has underperformed IHDG with an annualized return of 10.15%, while IHDG has yielded a comparatively higher 11.14% annualized return.

DGRE

• 1D: -0.69%
• 1M: 7.62%
• YTD: 34.34%
• 6M: 36.58%
• 1Y: 59.93%
• 3Y*: 25.29%
• 5Y*: 9.70%
• 10Y*: 10.15%

IHDG

• 1D: -0.29%
• 1M: 4.86%
• YTD: 9.17%
• 6M: 9.32%
• 1Y: 20.72%
• 3Y*: 12.24%
• 5Y*: 8.33%
• 10Y*: 11.14%

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

DGRE vs. IHDG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	34.34%	27.47%	3.63%	18.46%	-21.86%	2.55%	10.85%	21.12%	-16.36%	33.61%
IHDG WisdomTree International Hedged Dividend Growth Fund	9.17%	14.17%	5.97%	20.00%	-11.53%	19.75%	10.51%	33.42%	-12.03%	21.93%

Correlation

The correlation between DGRE and IHDG is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since May 7, 2014	0.60

The correlation between DGRE and IHDG has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.

DGRE vs. IHDG - Sectors Allocation Comparison

Sectors	DGRE	IHDG
Technology	41.5%	11.2%
Financial Services	17.8%	15.8%
Industrials	11.8%	24.5%
Basic Materials	6.6%	5.1%
Consumer Cyclical	5.5%	19.2%
Healthcare	4.8%	9.4%
Consumer Defensive	4.5%	4.3%
Communication Services	2.6%	5.8%
Utilities	2.2%	0.8%
Energy	1.9%	3.7%
Real Estate	0.8%	0.3%

Return for Risk

DGRE vs. IHDG — Risk / Return Rank

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

DGRE

DGRE Risk / Return Rank: 85
DGRE Sharpe Ratio Rank: 87
DGRE Sortino Ratio Rank: 82
DGRE Omega Ratio Rank: 86
DGRE Calmar Ratio Rank: 84
DGRE Martin Ratio Rank: 86

IHDG

IHDG Risk / Return Rank: 43
IHDG Sharpe Ratio Rank: 44
IHDG Sortino Ratio Rank: 44
IHDG Omega Ratio Rank: 43
IHDG Calmar Ratio Rank: 41
IHDG Martin Ratio Rank: 45

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.

DGRE vs. IHDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and WisdomTree International Hedged Dividend Growth Fund (IHDG). 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	IHDG	Difference
Sharpe ratio: Return per unit of total volatility	2.74	1.49	+1.26
Sortino ratio: Return per unit of downside risk	3.48	2.15	+1.33
Omega ratio: Gain probability vs. loss probability	1.50	1.27	+0.23
Calmar ratio: Return relative to maximum drawdown	4.40	1.98	+2.42
Martin ratio: Return relative to average drawdown	17.37	7.35	+10.01

DGRE vs. IHDG - Sharpe Ratio Comparison

The current DGRE Sharpe Ratio is 2.74, which is higher than the IHDG Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of DGRE and IHDG, 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

DGRE vs. IHDG - Drawdown Comparison

The maximum DGRE drawdown since its inception was -36.95%, which is greater than IHDG's maximum drawdown of -29.24%. Use the drawdown chart below to compare losses from any high point for DGRE and IHDG.

Drawdown Indicators

	DGRE	IHDG	Difference
Max Drawdown Largest peak-to-trough decline	-36.95%	-29.24%	-7.71%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-10.49%	-3.19%
Max Drawdown (3Y) Largest decline over 3 years	-20.65%	-18.88%	-1.77%
Max Drawdown (5Y) Largest decline over 5 years	-33.99%	-19.52%	-14.47%
Max Drawdown (10Y) Largest decline over 10 years	-36.95%	-29.24%	-7.71%
Current Drawdown Current decline from peak	-0.69%	-0.29%	-0.40%
Average Drawdown Average peak-to-trough decline	-11.97%	-4.02%	-7.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	2.83%	+0.63%

Volatility

DGRE vs. IHDG - Volatility Comparison

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) has a higher volatility of 10.45% compared to WisdomTree International Hedged Dividend Growth Fund (IHDG) at 4.47%. This indicates that DGRE's price experiences larger fluctuations and is considered to be riskier than IHDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRE	IHDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.45%	4.47%	+5.98%
Volatility (6M) Calculated over the trailing 6-month period	20.17%	11.81%	+8.36%
Volatility (1Y) Calculated over the trailing 1-year period	22.00%	14.03%	+7.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.58%	14.92%	+3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.82%	15.76%	+4.06%

DGRE vs. IHDG - Expense Ratio Comparison

DGRE has a 0.32% expense ratio, which is lower than IHDG's 0.58% expense ratio.

Dividends

DGRE vs. IHDG - Dividend Comparison

DGRE's dividend yield for the trailing twelve months is around 1.16%, less than IHDG's 1.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	1.16%	1.65%	1.90%	2.22%	4.38%	2.56%	2.11%	2.32%	2.71%	3.12%	3.18%	3.01%
IHDG WisdomTree International Hedged Dividend Growth Fund	1.76%	1.84%	2.42%	1.70%	13.79%	2.77%	1.94%	1.99%	0.22%	1.28%	1.91%	3.04%

Frequently Asked Questions

Can I hold both DGRE and IHDG in my portfolio?

DGRE and IHDG have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DGRE or IHDG?

DGRE has higher volatility (10.45%) compared to IHDG (4.47%). In terms of maximum drawdown, DGRE dropped -36.95% vs IHDG's -29.24%.

Which ETF is better, DGRE or IHDG?

On 10-year performance, IHDG leads with 11.14% vs 10.15% for DGRE. On fees, DGRE is cheaper at 0.32% per year. On volatility, IHDG has been the lower-risk option at 4.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRE or IHDG?

Over the 10-year period, IHDG has performed better with a 11.14% return vs 10.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRE or IHDG?

DGRE is cheaper with a 0.32% expense ratio, compared with 0.58% for IHDG.

Which ETF pays a higher dividend yield, DGRE or IHDG?

IHDG has the higher dividend yield at 1.76%, compared with 1.16% for DGRE.

What is the main difference between DGRE and IHDG?

DGRE is categorized as Emerging Markets Equities, while IHDG is Foreign Large Cap Equities. Their fees differ too: 0.32% for DGRE and 0.58% for IHDG.

Which has better risk-adjusted returns?

DGRE currently has the higher Sharpe Ratio (2.74 vs 1.49), 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.