DGRS vs. DHS

Last updated Jun 4, 2026

DGRS (WisdomTree U.S. SmallCap Quality Dividend Growth Fund) and DHS (WisdomTree US High Dividend 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 DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. Both are passively managed. Over the past 10 years, DGRS returned 9.61%/yr vs 9.47%/yr for DHS. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.38% expense ratio.

Performance

DGRS vs. DHS - 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 US High Dividend Fund (DHS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGRS achieves a 13.56% return, which is significantly higher than DHS's 9.88% return. Both investments have delivered pretty close results over the past 10 years, with DGRS having a 9.61% annualized return and DHS not far behind at 9.47%.

DGRS

• 1D: -1.02%
• 1M: 0.29%
• YTD: 13.56%
• 6M: 12.71%
• 1Y: 25.18%
• 3Y*: 13.73%
• 5Y*: 5.89%
• 10Y*: 9.61%

DHS

• 1D: -0.67%
• 1M: -0.16%
• YTD: 9.88%
• 6M: 10.38%
• 1Y: 20.55%
• 3Y*: 16.39%
• 5Y*: 10.59%
• 10Y*: 9.47%

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

DGRS vs. DHS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	13.56%	-0.43%	10.40%	21.16%	-13.11%	23.11%	7.86%	24.20%	-10.75%	7.25%
DHS WisdomTree US High Dividend Fund	9.88%	12.87%	18.02%	-0.19%	7.97%	23.20%	-5.70%	22.59%	-7.41%	11.69%

Correlation

The correlation between DGRS and DHS is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jul 26, 2013	0.75

The correlation between DGRS and DHS has been stable across timeframes, ranging from 0.71 to 0.78 - a consistent structural relationship.

DGRS vs. DHS - Sectors Allocation Comparison

Sectors	DGRS	DHS
Financial Services	24.8%	22.3%
Industrials	19.0%	4.1%
Consumer Cyclical	16.5%	5.0%
Energy	12.0%	9.4%
Technology	8.7%	3.7%
Basic Materials	7.6%	1.2%
Consumer Defensive	6.3%	18.7%
Communication Services	2.0%	9.3%
Real Estate	1.7%	2.8%
Healthcare	1.3%	14.5%
Utilities	0.2%	9.0%

Return for Risk

DGRS vs. DHS — Risk / Return Rank

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

DGRS

DGRS Risk / Return Rank: 44
DGRS Sharpe Ratio Rank: 40
DGRS Sortino Ratio Rank: 43
DGRS Omega Ratio Rank: 38
DGRS Calmar Ratio Rank: 52
DGRS Martin Ratio Rank: 48

DHS

DHS Risk / Return Rank: 62
DHS Sharpe Ratio Rank: 60
DHS Sortino Ratio Rank: 66
DHS Omega Ratio Rank: 57
DHS Calmar Ratio Rank: 65
DHS Martin Ratio Rank: 65

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. DHS - 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 US High Dividend Fund (DHS). 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.

	DGRS	DHS	Difference
Sharpe ratio: Return per unit of total volatility	1.41	2.06	-0.65
Sortino ratio: Return per unit of downside risk	2.19	3.09	-0.90
Omega ratio: Gain probability vs. loss probability	1.25	1.35	-0.10
Calmar ratio: Return relative to maximum drawdown	2.61	3.28	-0.66
Martin ratio: Return relative to average drawdown	8.01	12.04	-4.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DGRS vs. DHS - Sharpe Ratio Comparison

The current DGRS Sharpe Ratio is 1.41, which is lower than the DHS Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of DGRS and DHS, 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

	DGRS	DHS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.41	2.06	-0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.77	-0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.59	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.41	0.00

Drawdowns

DGRS vs. DHS - Drawdown Comparison

The maximum DGRS drawdown since its inception was -44.83%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for DGRS and DHS.

Drawdown Indicators

	DGRS	DHS	Difference
Max Drawdown Largest peak-to-trough decline	-44.83%	-67.25%	+22.42%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-6.30%	-3.38%
Max Drawdown (3Y) Largest decline over 3 years	-27.57%	-11.87%	-15.70%
Max Drawdown (5Y) Largest decline over 5 years	-27.57%	-15.28%	-12.29%
Max Drawdown (10Y) Largest decline over 10 years	-44.83%	-37.35%	-7.48%
Current Drawdown Current decline from peak	-1.78%	-2.60%	+0.82%
Average Drawdown Average peak-to-trough decline	-6.73%	-9.55%	+2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	1.71%	+1.44%

Volatility

DGRS vs. DHS - Volatility Comparison

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) has a higher volatility of 4.46% compared to WisdomTree US High Dividend Fund (DHS) at 2.88%. This indicates that DGRS's price experiences larger fluctuations and is considered to be riskier than DHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRS	DHS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.46%	2.88%	+1.58%
Volatility (6M) Calculated over the trailing 6-month period	11.36%	7.32%	+4.04%
Volatility (1Y) Calculated over the trailing 1-year period	18.03%	10.01%	+8.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.43%	13.89%	+6.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.63%	16.08%	+7.55%

DGRS vs. DHS - Expense Ratio Comparison

Both DGRS and DHS have an expense ratio of 0.38%.

Dividends

DGRS vs. DHS - Dividend Comparison

DGRS's dividend yield for the trailing twelve months is around 2.23%, less than DHS's 3.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	2.23%	2.68%	2.15%	2.36%	2.88%	2.19%	2.32%	2.39%	2.64%	1.90%	1.82%	2.55%
DHS WisdomTree US High Dividend Fund	3.35%	3.32%	3.66%	4.31%	3.42%	3.29%	4.14%	3.69%	3.76%	3.00%	3.25%	3.53%

Frequently Asked Questions

Can I hold both DGRS and DHS in my portfolio?

DGRS and DHS have a correlation of 0.71, 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 DHS?

DGRS has higher volatility (4.46%) compared to DHS (2.88%). In terms of maximum drawdown, DGRS dropped -44.83% vs DHS's -67.25%.

Which ETF is better, DGRS or DHS?

On 10-year performance, DGRS leads with 9.61% vs 9.47% for DHS. Both ETFs have the same 0.38% expense ratio. On volatility, DHS has been the lower-risk option at 2.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRS or DHS?

Over the 10-year period, DGRS has performed better with a 9.61% return vs 9.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRS or DHS?

DGRS and DHS have the same expense ratio: 0.38% per year.

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

DHS has the higher dividend yield at 3.35%, compared with 2.23% for DGRS.

What is the main difference between DGRS and DHS?

DGRS is categorized as Small Cap Value Equities, while DHS is Large Cap Value Equities. DGRS tracks WisdomTree U.S. SmallCap Quality Dividend Growth Index, while DHS tracks WisdomTree U.S. High Dividend Index.

Which has better risk-adjusted returns?

DHS currently has the higher Sharpe Ratio (2.06 vs 1.41), 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.