DGRS vs. DGRW

Last updated Jun 23, 2026

DGRS (WisdomTree U.S. SmallCap Quality Dividend Growth Fund) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - DGRS is a Small Cap Value Equities fund tracking the WisdomTree U.S. SmallCap Quality Dividend Growth Index, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Both are passively managed. Over the past 10 years, DGRS returned 10.17%/yr vs 14.25%/yr for DGRW. A 0.75 correlation means they provide meaningful diversification when combined. DGRS charges 0.38%/yr vs 0.28%/yr for DGRW.

Performance

DGRS vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGRS achieves a 17.80% return, which is significantly higher than DGRW's 7.35% return. Over the past 10 years, DGRS has underperformed DGRW with an annualized return of 10.17%, while DGRW has yielded a comparatively higher 14.25% annualized return.

DGRS

• 1D: 0.12%
• 1M: 3.82%
• YTD: 17.80%
• 6M: 15.58%
• 1Y: 30.62%
• 3Y*: 15.27%
• 5Y*: 7.27%
• 10Y*: 10.17%

DGRW

• 1D: -0.32%
• 1M: -0.70%
• YTD: 7.35%
• 6M: 7.02%
• 1Y: 18.84%
• 3Y*: 15.46%
• 5Y*: 12.16%
• 10Y*: 14.25%

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

DGRS vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	17.80%	-0.43%	10.40%	21.16%	-13.11%	23.11%	7.86%	24.20%	-10.75%	7.25%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	7.35%	12.17%	16.98%	18.66%	-6.33%	24.46%	13.87%	29.54%	-5.38%	26.90%

Correlation

The correlation between DGRS and DGRW is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jul 25, 2013	0.75

The correlation between DGRS and DGRW has been stable across timeframes, ranging from 0.70 to 0.77 - a consistent structural relationship.

DGRS vs. DGRW - Sectors Allocation Comparison

Sectors	DGRS	DGRW
Financial Services	25.5%	11.3%
Industrials	19.1%	9.9%
Consumer Cyclical	16.1%	7.1%
Energy	10.8%	5.0%
Technology	9.2%	32.1%
Basic Materials	8.1%	3.3%
Consumer Defensive	6.3%	6.7%
Communication Services	1.9%	10.1%
Real Estate	1.8%	-
Healthcare	1.2%	12.8%
Utilities	0.2%	0.2%

Return for Risk

DGRS vs. DGRW — Risk / Return Rank

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

DGRS

DGRS Risk / Return Rank: 56
DGRS Sharpe Ratio Rank: 52
DGRS Sortino Ratio Rank: 57
DGRS Omega Ratio Rank: 49
DGRS Calmar Ratio Rank: 66
DGRS Martin Ratio Rank: 57

DGRW

DGRW Risk / Return Rank: 55
DGRW Sharpe Ratio Rank: 57
DGRW Sortino Ratio Rank: 57
DGRW Omega Ratio Rank: 57
DGRW Calmar Ratio Rank: 47
DGRW Martin Ratio Rank: 57

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.

DGRS vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). 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.

	DGRS	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.72	1.85	-0.13
Sortino ratio: Return per unit of downside risk	2.63	2.63	0.00
Omega ratio: Gain probability vs. loss probability	1.30	1.34	-0.04
Calmar ratio: Return relative to maximum drawdown	3.18	2.28	+0.90
Martin ratio: Return relative to average drawdown	9.80	9.75	+0.06

DGRS vs. DGRW - Sharpe Ratio Comparison

The current DGRS Sharpe Ratio is 1.72, which is comparable to the DGRW Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of DGRS and DGRW, 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

DGRS vs. DGRW - Drawdown Comparison

The maximum DGRS drawdown since its inception was -44.83%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for DGRS and DGRW.

Drawdown Indicators

	DGRS	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-44.83%	-32.04%	-12.79%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-8.30%	-1.38%
Max Drawdown (3Y) Largest decline over 3 years	-27.57%	-16.21%	-11.36%
Max Drawdown (5Y) Largest decline over 5 years	-27.57%	-17.27%	-10.30%
Max Drawdown (10Y) Largest decline over 10 years	-44.83%	-32.04%	-12.79%
Current Drawdown Current decline from peak	-0.67%	-2.42%	+1.75%
Average Drawdown Average peak-to-trough decline	-6.70%	-3.01%	-3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	1.94%	+1.19%

Volatility

DGRS vs. DGRW - Volatility Comparison

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) has a higher volatility of 3.99% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 3.64%. This indicates that DGRS's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRS	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.99%	3.64%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	11.29%	8.21%	+3.08%
Volatility (1Y) Calculated over the trailing 1-year period	17.94%	10.27%	+7.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.38%	14.01%	+6.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.64%	16.24%	+7.40%

DGRS vs. DGRW - Expense Ratio Comparison

DGRS has a 0.38% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

DGRS vs. DGRW - Dividend Comparison

DGRS's dividend yield for the trailing twelve months is around 2.15%, more than DGRW's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	2.15%	2.68%	2.15%	2.36%	2.88%	2.19%	2.32%	2.39%	2.64%	1.90%	1.82%	2.55%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.29%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%

Frequently Asked Questions

Can I hold both DGRS and DGRW in my portfolio?

DGRS and DGRW have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DGRS or DGRW?

DGRS has higher volatility (3.99%) compared to DGRW (3.64%). In terms of maximum drawdown, DGRS dropped -44.83% vs DGRW's -32.04%.

Which ETF is better, DGRS or DGRW?

On 10-year performance, DGRW leads with 14.25% vs 10.17% for DGRS. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 3.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRS or DGRW?

Over the 10-year period, DGRW has performed better with a 14.25% return vs 10.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRS or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.38% for DGRS.

Which ETF pays a higher dividend yield, DGRS or DGRW?

DGRS has the higher dividend yield at 2.15%, compared with 1.29% for DGRW.

What is the main difference between DGRS and DGRW?

DGRS is categorized as Small Cap Value Equities, while DGRW is Dividend. DGRS tracks WisdomTree U.S. SmallCap Quality Dividend Growth Index, while DGRW tracks WisdomTree U.S. Quality Dividend Growth Index. Their fees differ too: 0.38% for DGRS and 0.28% for DGRW.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (1.85 vs 1.72), 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.