DGRG.L vs. HPAS.L
DGRG.L (WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc) and HPAS.L (HSBC MSCI USA Climate Paris Aligned UCITS ETF USD Acc) are both Large Cap Blend Equities funds - DGRG.L tracks the WisdomTree U.S. Quality Dividend Growth UCITS Index while HPAS.L tracks the Russell 1000 TR USD. Both are passively managed. Over the past 3 years, DGRG.L returned 13.50%/yr vs 17.72%/yr for HPAS.L. Their correlation of 0.86 suggests significant overlap in exposure. DGRG.L charges 0.33%/yr vs 0.12%/yr for HPAS.L.
Performance
DGRG.L vs. HPAS.L - Performance Comparison
Loading charts...
Different Trading Currencies
DGRG.L is traded in GBp, while HPAS.L is traded in GBP. To make them comparable, the HPAS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, DGRG.L achieves a 6.87% return, which is significantly lower than HPAS.L's 10.66% return.
DGRG.L
- 1D
- 0.15%
- 1M
- 4.47%
- YTD
- 6.87%
- 6M
- 6.31%
- 1Y
- 21.18%
- 3Y*
- 13.50%
- 5Y*
- 12.91%
- 10Y*
- —
HPAS.L
- 1D
- 0.03%
- 1M
- 8.95%
- YTD
- 10.66%
- 6M
- 10.37%
- 1Y
- 27.35%
- 3Y*
- 17.72%
- 5Y*
- —
- 10Y*
- —
DGRG.L vs. HPAS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DGRG.L WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc | 6.87% | 5.60% | 20.13% | 12.11% | 2.74% | 11.70% |
HPAS.L HSBC MSCI USA Climate Paris Aligned UCITS ETF USD Acc | 10.66% | 5.65% | 26.90% | 22.43% | -14.66% | 11.67% |
Correlation
The correlation between DGRG.L and HPAS.L is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2021 | 0.86 |
The correlation between DGRG.L and HPAS.L has been stable across timeframes, ranging from 0.77 to 0.86 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DGRG.L vs. HPAS.L — Risk / Return Rank
DGRG.L
HPAS.L
DGRG.L vs. HPAS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc (DGRG.L) and HSBC MSCI USA Climate Paris Aligned UCITS ETF USD Acc (HPAS.L). 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.
| DGRG.L | HPAS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.41 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 2.17 | +1.36 |
| Martin ratioReturn relative to average drawdown | 12.98 | 6.23 | +6.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DGRG.L | HPAS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.38 | 2.25 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.76 | +0.24 |
Drawdowns
DGRG.L vs. HPAS.L - Drawdown Comparison
The maximum DGRG.L drawdown since its inception was -22.57%, roughly equal to the maximum HPAS.L drawdown of -23.23%. Use the drawdown chart below to compare losses from any high point for DGRG.L and HPAS.L.
Loading charts...
Drawdown Indicators
| DGRG.L | HPAS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.57% | -23.23% | +0.66% |
Max Drawdown (1Y)Largest decline over 1 year | -5.98% | -12.57% | +6.59% |
Max Drawdown (3Y)Largest decline over 3 years | -17.72% | -23.23% | +5.51% |
Max Drawdown (5Y)Largest decline over 5 years | -17.72% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.09% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -2.96% | -5.99% | +3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 4.38% | -2.75% |
Volatility
DGRG.L vs. HPAS.L - Volatility Comparison
The current volatility for WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc (DGRG.L) is 2.40%, while HSBC MSCI USA Climate Paris Aligned UCITS ETF USD Acc (HPAS.L) has a volatility of 3.26%. This indicates that DGRG.L experiences smaller price fluctuations and is considered to be less risky than HPAS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DGRG.L | HPAS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.40% | 3.26% | -0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 6.19% | 8.55% | -2.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.86% | 12.09% | -3.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.55% | 15.73% | -3.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.45% | 15.73% | -1.28% |
DGRG.L vs. HPAS.L - Expense Ratio Comparison
DGRG.L has a 0.33% expense ratio, which is higher than HPAS.L's 0.12% expense ratio.
Dividends
DGRG.L vs. HPAS.L - Dividend Comparison
Neither DGRG.L nor HPAS.L has paid dividends to shareholders.
Frequently Asked Questions
DGRG.L and HPAS.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HPAS.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HPAS.L is cheaper with a 0.12% expense ratio, compared with 0.33% for DGRG.L.
DGRG.L tracks WisdomTree U.S. Quality Dividend Growth UCITS Index, while HPAS.L tracks Russell 1000 TR USD. They also come from different issuers: WisdomTree and HSBC. Their fees differ too: 0.33% for DGRG.L and 0.12% for HPAS.L.
Find the right allocation for DGRG.L and HPAS.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer