DGRE vs. VWO

Last updated Jun 23, 2026

DGRE (WisdomTree Emerging Markets Quality Dividend Growth Fund) and VWO (Vanguard FTSE Emerging Markets ETF) are both Emerging Markets Equities funds. DGRE is actively managed, while VWO is passively managed. Over the past 10 years, DGRE returned 10.15%/yr vs 9.31%/yr for VWO. Their correlation of 0.87 suggests significant overlap in exposure. DGRE charges 0.32%/yr vs 0.08%/yr for VWO.

Performance

DGRE vs. VWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and Vanguard FTSE Emerging Markets ETF (VWO). 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 VWO's 14.05% return. Over the past 10 years, DGRE has outperformed VWO with an annualized return of 10.15%, while VWO has yielded a comparatively lower 9.31% 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%

VWO

• 1D: 0.77%
• 1M: 3.96%
• YTD: 14.05%
• 6M: 14.71%
• 1Y: 32.13%
• 3Y*: 18.64%
• 5Y*: 5.90%
• 10Y*: 9.31%

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

DGRE vs. VWO - 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%
VWO Vanguard FTSE Emerging Markets ETF	14.05%	25.60%	10.59%	9.25%	-17.98%	1.26%	15.17%	20.75%	-14.76%	31.49%

Correlation

The correlation between DGRE and VWO is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Aug 1, 2013	0.87

The correlation between DGRE and VWO has been stable across timeframes, ranging from 0.78 to 0.88 - a consistent structural relationship.

DGRE vs. VWO - Sectors Allocation Comparison

Sectors	DGRE	VWO
Technology	41.5%	31.6%
Financial Services	17.8%	16.8%
Industrials	11.8%	6.8%
Basic Materials	6.6%	7.0%
Consumer Cyclical	5.5%	8.7%
Healthcare	4.8%	3.4%
Consumer Defensive	4.5%	3.1%
Communication Services	2.6%	5.8%
Utilities	2.2%	2.4%
Energy	1.9%	3.6%
Real Estate	0.8%	1.8%

Return for Risk

DGRE vs. VWO — 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

VWO

VWO Risk / Return Rank: 60
VWO Sharpe Ratio Rank: 60
VWO Sortino Ratio Rank: 58
VWO Omega Ratio Rank: 61
VWO Calmar Ratio Rank: 60
VWO Martin Ratio Rank: 59

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. VWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and Vanguard FTSE Emerging Markets ETF (VWO). 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	VWO	Difference
Sharpe ratio: Return per unit of total volatility	2.74	1.94	+0.80
Sortino ratio: Return per unit of downside risk	3.48	2.66	+0.83
Omega ratio: Gain probability vs. loss probability	1.50	1.36	+0.14
Calmar ratio: Return relative to maximum drawdown	4.40	2.89	+1.51
Martin ratio: Return relative to average drawdown	17.37	10.19	+7.17

DGRE vs. VWO - Sharpe Ratio Comparison

The current DGRE Sharpe Ratio is 2.74, which is higher than the VWO Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of DGRE and VWO, 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. VWO - Drawdown Comparison

The maximum DGRE drawdown since its inception was -36.95%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for DGRE and VWO.

Drawdown Indicators

	DGRE	VWO	Difference
Max Drawdown Largest peak-to-trough decline	-36.95%	-67.68%	+30.73%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-11.17%	-2.51%
Max Drawdown (3Y) Largest decline over 3 years	-20.65%	-17.37%	-3.28%
Max Drawdown (5Y) Largest decline over 5 years	-33.99%	-32.60%	-1.39%
Max Drawdown (10Y) Largest decline over 10 years	-36.95%	-36.39%	-0.56%
Current Drawdown Current decline from peak	-0.69%	0.00%	-0.69%
Average Drawdown Average peak-to-trough decline	-11.97%	-15.79%	+3.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	3.16%	+0.30%

Volatility

DGRE vs. VWO - Volatility Comparison

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) has a higher volatility of 10.45% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 6.57%. This indicates that DGRE's price experiences larger fluctuations and is considered to be riskier than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRE	VWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.45%	6.57%	+3.88%
Volatility (6M) Calculated over the trailing 6-month period	20.17%	14.28%	+5.89%
Volatility (1Y) Calculated over the trailing 1-year period	22.00%	16.67%	+5.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.58%	17.53%	+1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.82%	19.24%	+0.58%

DGRE vs. VWO - Expense Ratio Comparison

DGRE has a 0.32% expense ratio, which is higher than VWO's 0.08% expense ratio.

Dividends

DGRE vs. VWO - Dividend Comparison

DGRE's dividend yield for the trailing twelve months is around 1.16%, less than VWO's 2.26% 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%
VWO Vanguard FTSE Emerging Markets ETF	2.26%	2.79%	3.20%	3.52%	4.11%	2.63%	1.91%	3.23%	2.88%	2.30%	2.52%	3.26%

Frequently Asked Questions

Can I hold both DGRE and VWO in my portfolio?

DGRE and VWO have a correlation of 0.88, 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 VWO?

DGRE has higher volatility (10.45%) compared to VWO (6.57%). In terms of maximum drawdown, DGRE dropped -36.95% vs VWO's -67.68%.

Which ETF is better, DGRE or VWO?

On 10-year performance, DGRE leads with 10.15% vs 9.31% for VWO. On fees, VWO is cheaper at 0.08% per year. On volatility, VWO has been the lower-risk option at 6.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRE or VWO?

Over the 10-year period, DGRE has performed better with a 10.15% return vs 9.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRE or VWO?

VWO is cheaper with a 0.08% expense ratio, compared with 0.32% for DGRE.

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

VWO has the higher dividend yield at 2.26%, compared with 1.16% for DGRE.

What is the main difference between DGRE and VWO?

They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.32% for DGRE and 0.08% for VWO.

Which has better risk-adjusted returns?

DGRE currently has the higher Sharpe Ratio (2.74 vs 1.94), 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.