DGRS vs. EBIT

Last updated Aug 6, 2026

DGRS (WisdomTree U.S. SmallCap Quality Dividend Growth Fund) and EBIT (Harbor AlphaEdge Small Cap Earners ETF) are both exchange-traded funds - DGRS is a Quality Factor fund tracking the WisdomTree U.S. SmallCap Quality Dividend Growth Index, while EBIT is a Small Cap Value Equities fund tracking the Harbor AlphaEdge Small Cap Earners Index. Both are passively managed. Over the past year, DGRS returned 31.61% vs 30.80% for EBIT. Their 0.96 correlation means they have historically moved very closely together. DGRS charges 0.38%/yr vs 0.29%/yr for EBIT.

Performance

DGRS vs. EBIT - 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 Harbor AlphaEdge Small Cap Earners ETF (EBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGRS achieves a 24.80% return, which is significantly higher than EBIT's 20.98% return.

DGRS

• 1D: -0.45%
• 1M: 4.14%
• 6M: 11.54%
• YTD: 24.80%
• 1Y: 31.61%
• 3Y*: 14.16%
• 5Y*: 8.66%
• 10Y*: 9.89%
• ALL TIME*: 9.74%

EBIT

• 1D: -0.67%
• 1M: 2.33%
• 6M: 11.98%
• YTD: 20.98%
• 1Y: 30.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.02%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	$3.00M	$2.54M	$1.95M
EBIT Harbor AlphaEdge Small Cap Earners ETF	$54.59K	$37.20K	$35.59K

DGRS vs. EBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	24.80%	-0.43%	12.37%
EBIT Harbor AlphaEdge Small Cap Earners ETF	20.98%	6.85%	9.01%

Correlation

The correlation between DGRS and EBIT is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (All Time) Calculated using the full available price history since Jul 10, 2024	0.96

The correlation between DGRS and EBIT has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

DGRS vs. EBIT - Sectors Allocation Comparison

Sectors	DGRS	EBIT
Financial Services	25.5%	26.2%
Industrials	19.5%	14.7%
Consumer Cyclical	16.3%	15.1%
Energy	10.0%	10.6%
Technology	9.1%	7.5%
Basic Materials	8.0%	4.2%
Consumer Defensive	6.5%	2.9%
Communication Services	2.0%	3.8%
Real Estate	1.9%	7.7%
Healthcare	1.2%	4.6%
Utilities	0.2%	2.8%

Return for Risk

DGRS vs. EBIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DGRS

DGRS Risk / Return Rank: 75
DGRS Sharpe Ratio Rank: 72
DGRS Sortino Ratio Rank: 80
DGRS Omega Ratio Rank: 70
DGRS Calmar Ratio Rank: 81
DGRS Martin Ratio Rank: 74

EBIT

EBIT Risk / Return Rank: 77
EBIT Sharpe Ratio Rank: 73
EBIT Sortino Ratio Rank: 79
EBIT Omega Ratio Rank: 72
EBIT Calmar Ratio Rank: 86
EBIT Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DGRS vs. EBIT - 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 Harbor AlphaEdge Small Cap Earners ETF (EBIT). 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	EBIT	Difference
Sharpe ratio: Return per unit of total volatility	1.87	1.90	-0.03
Sortino ratio: Return per unit of downside risk	2.89	2.88	+0.01
Omega ratio: Gain probability vs. loss probability	1.33	1.34	-0.01
Calmar ratio: Return relative to maximum drawdown	3.28	3.71	-0.43
Martin ratio: Return relative to average drawdown	10.48	11.33	-0.85

DGRS vs. EBIT - Sharpe Ratio Comparison

The current DGRS Sharpe Ratio is 1.87, which is comparable to the EBIT Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of DGRS and EBIT, 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. EBIT - Drawdown Comparison

The maximum DGRS drawdown since its inception was -44.83%, which is greater than EBIT's maximum drawdown of -26.64%. Use the drawdown chart below to compare losses from any high point for DGRS and EBIT.

Drawdown Indicators

	DGRS	EBIT	Difference
Max Drawdown Largest peak-to-trough decline	-44.83%	-26.64%	-18.19%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-8.34%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	-27.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.57%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.83%	—	—
Current Drawdown Current decline from peak	-0.45%	-0.67%	+0.22%
Average Drawdown Average peak-to-trough decline	-6.65%	-6.06%	-0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	2.73%	+0.29%

Volatility

DGRS vs. EBIT - Volatility Comparison

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) has a higher volatility of 4.12% compared to Harbor AlphaEdge Small Cap Earners ETF (EBIT) at 3.44%. This indicates that DGRS's price experiences larger fluctuations and is considered to be riskier than EBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRS	EBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	3.44%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	10.66%	10.11%	+0.55%
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	16.33%	+0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.22%	20.66%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.58%	20.66%	+2.92%

DGRS vs. EBIT - Expense Ratio Comparison

DGRS has a 0.38% expense ratio, which is higher than EBIT's 0.29% expense ratio.

Dividends

DGRS vs. EBIT - Dividend Comparison

DGRS's dividend yield for the trailing twelve months is around 1.99%, more than EBIT's 1.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	1.99%	2.68%	2.15%	2.36%	2.88%	2.19%	2.32%	2.39%	2.64%	1.90%	1.82%	2.55%
EBIT Harbor AlphaEdge Small Cap Earners ETF	1.65%	2.00%	2.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DGRS and EBIT in my portfolio?

With a correlation of 0.96, DGRS and EBIT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DGRS or EBIT?

DGRS has higher volatility (4.12%) compared to EBIT (3.44%). In terms of maximum drawdown, DGRS dropped -44.83% vs EBIT's -26.64%.

Which ETF is better, DGRS or EBIT?

On 1-year performance, DGRS leads with 31.61% vs 30.80% for EBIT. On fees, EBIT is cheaper at 0.29% per year. On volatility, EBIT has been the lower-risk option at 3.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRS or EBIT?

Over the 1-year period, DGRS has performed better with a 31.61% return vs 30.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRS or EBIT?

EBIT is cheaper with a 0.29% expense ratio, compared with 0.38% for DGRS.

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

DGRS has the higher dividend yield at 1.99%, compared with 1.65% for EBIT.

What is the main difference between DGRS and EBIT?

DGRS is categorized as Quality Factor, while EBIT is Small Cap Value Equities. DGRS tracks WisdomTree U.S. SmallCap Quality Dividend Growth Index, while EBIT tracks Harbor AlphaEdge Small Cap Earners Index. They also come from different issuers: WisdomTree and Harbor. Their fees differ too: 0.38% for DGRS and 0.29% for EBIT.

Which has better risk-adjusted returns?

EBIT currently has the higher Sharpe Ratio (1.90 vs 1.87), 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.