DGRG.L vs. USFR.L

Last updated Jun 5, 2026

DGRG.L (WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc) and USFR.L (WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD) are both exchange-traded funds - DGRG.L is a Large Cap Blend Equities fund tracking the WisdomTree U.S. Quality Dividend Growth UCITS Index, while USFR.L is a Government Bonds fund tracking the Bloomberg US Treasury Floating Rate Bond Index. Both are passively managed. Over the past 5 years, DGRG.L returned 12.91%/yr vs 4.70%/yr for USFR.L. At a 0.24 correlation, their price movements are largely independent. DGRG.L charges 0.33%/yr vs 0.15%/yr for USFR.L.

Performance

DGRG.L vs. USFR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc (DGRG.L) and WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DGRG.L is traded in GBp, while USFR.L is traded in USD. To make them comparable, the USFR.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 higher than USFR.L's 1.97% return.

DGRG.L

• 1D: 0.15%
• 1M: 3.61%
• YTD: 6.87%
• 6M: 6.68%
• 1Y: 21.52%
• 3Y*: 13.50%
• 5Y*: 12.91%
• 10Y*: —

USFR.L

• 1D: -0.02%
• 1M: 1.55%
• YTD: 1.97%
• 6M: 1.19%
• 1Y: 5.08%
• 3Y*: 2.05%
• 5Y*: 4.70%
• 10Y*: —

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

DGRG.L vs. USFR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DGRG.L WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc	6.87%	5.60%	20.13%	12.11%	2.74%	26.71%	8.76%	15.42%
USFR.L WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD	1.97%	-3.29%	7.25%	-0.31%	14.18%	0.79%	-2.38%	1.04%

Correlation

The correlation between DGRG.L and USFR.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Mar 27, 2019	0.24

Return for Risk

DGRG.L vs. USFR.L — Risk / Return Rank

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

DGRG.L

DGRG.L Risk / Return Rank: 73
DGRG.L Sharpe Ratio Rank: 74
DGRG.L Sortino Ratio Rank: 75
DGRG.L Omega Ratio Rank: 74
DGRG.L Calmar Ratio Rank: 72
DGRG.L Martin Ratio Rank: 70

USFR.L

USFR.L Risk / Return Rank: 97
USFR.L Sharpe Ratio Rank: 94
USFR.L Sortino Ratio Rank: 97
USFR.L Omega Ratio Rank: 97
USFR.L Calmar Ratio Rank: 98
USFR.L Martin Ratio Rank: 98

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.

DGRG.L vs. USFR.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 WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.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	USFR.L	Difference
Sharpe ratio: Return per unit of total volatility	2.38	0.74	+1.64
Sortino ratio: Return per unit of downside risk	3.32	1.09	+2.23
Omega ratio: Gain probability vs. loss probability	1.43	1.13	+0.30
Calmar ratio: Return relative to maximum drawdown	3.53	0.97	+2.56
Martin ratio: Return relative to average drawdown	12.98	2.58	+10.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DGRG.L vs. USFR.L - Sharpe Ratio Comparison

The current DGRG.L Sharpe Ratio is 2.38, which is higher than the USFR.L Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of DGRG.L and USFR.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DGRG.L	USFR.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.38	0.74	+1.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.55	+0.48
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.29	+0.72

Drawdowns

DGRG.L vs. USFR.L - Drawdown Comparison

The maximum DGRG.L drawdown since its inception was -22.57%, which is greater than USFR.L's maximum drawdown of -18.16%. Use the drawdown chart below to compare losses from any high point for DGRG.L and USFR.L.

Drawdown Indicators

	DGRG.L	USFR.L	Difference
Max Drawdown Largest peak-to-trough decline	-22.57%	-18.16%	-4.41%
Max Drawdown (1Y) Largest decline over 1 year	-5.98%	-5.09%	-0.89%
Max Drawdown (3Y) Largest decline over 3 years	-17.72%	-9.80%	-7.92%
Max Drawdown (5Y) Largest decline over 5 years	-17.72%	-15.70%	-2.02%
Current Drawdown Current decline from peak	0.00%	-5.93%	+5.93%
Average Drawdown Average peak-to-trough decline	-2.96%	-8.93%	+5.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	1.91%	-0.28%

Volatility

DGRG.L vs. USFR.L - Volatility Comparison

WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc (DGRG.L) has a higher volatility of 2.40% compared to WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L) at 1.89%. This indicates that DGRG.L's price experiences larger fluctuations and is considered to be riskier than USFR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRG.L	USFR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.40%	1.89%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	6.19%	5.05%	+1.14%
Volatility (1Y) Calculated over the trailing 1-year period	8.86%	6.63%	+2.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.55%	8.60%	+3.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.45%	8.90%	+5.55%

DGRG.L vs. USFR.L - Expense Ratio Comparison

DGRG.L has a 0.33% expense ratio, which is higher than USFR.L's 0.15% expense ratio.

Dividends

DGRG.L vs. USFR.L - Dividend Comparison

DGRG.L has not paid dividends to shareholders, while USFR.L's dividend yield for the trailing twelve months is around 3.99%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DGRG.L WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USFR.L WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD	3.99%	4.32%	5.24%	4.58%	0.78%	0.00%	0.57%	1.09%

Frequently Asked Questions

Can I hold both DGRG.L and USFR.L in my portfolio?

DGRG.L and USFR.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGRG.L or USFR.L?

On fees, USFR.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGRG.L or USFR.L?

USFR.L is cheaper with a 0.15% expense ratio, compared with 0.33% for DGRG.L.

What is the main difference between DGRG.L and USFR.L?

DGRG.L is categorized as Large Cap Blend Equities, while USFR.L is Government Bonds. DGRG.L tracks WisdomTree U.S. Quality Dividend Growth UCITS Index, while USFR.L tracks Bloomberg US Treasury Floating Rate Bond Index. Their fees differ too: 0.33% for DGRG.L and 0.15% for USFR.L.