DGRS vs. SLYV

Last updated Jun 26, 2026

DGRS (WisdomTree U.S. SmallCap Quality Dividend Growth Fund) and SLYV (SPDR S&P 600 Small Cap Value ETF) are both Small Cap Value Equities funds - DGRS tracks the WisdomTree U.S. SmallCap Quality Dividend Growth Index while SLYV tracks the S&P SmallCap 600 Value Index. Both are passively managed. Over the past 10 years, DGRS returned 10.72%/yr vs 11.19%/yr for SLYV. Their correlation of 0.94 suggests significant overlap in exposure. DGRS charges 0.38%/yr vs 0.15%/yr for SLYV.

Performance

DGRS vs. SLYV - 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 SPDR S&P 600 Small Cap Value ETF (SLYV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DGRS having a 20.55% return and SLYV slightly lower at 20.07%. Both investments have delivered pretty close results over the past 10 years, with DGRS having a 10.72% annualized return and SLYV not far ahead at 11.19%.

DGRS

• 1D: 1.08%
• 1M: 4.94%
• YTD: 20.55%
• 6M: 18.43%
• 1Y: 32.24%
• 3Y*: 15.78%
• 5Y*: 7.48%
• 10Y*: 10.72%

SLYV

• 1D: 1.13%
• 1M: 3.98%
• YTD: 20.07%
• 6M: 18.04%
• 1Y: 40.44%
• 3Y*: 15.86%
• 5Y*: 6.65%
• 10Y*: 11.19%

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

DGRS vs. SLYV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	20.55%	-0.43%	10.40%	21.16%	-13.11%	23.11%	7.86%	24.20%	-10.75%	7.25%
SLYV SPDR S&P 600 Small Cap Value ETF	20.07%	6.54%	7.28%	14.82%	-11.08%	30.57%	2.68%	24.26%	-12.77%	11.74%

Correlation

The correlation between DGRS and SLYV is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jul 25, 2013	0.94

The correlation between DGRS and SLYV has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

DGRS vs. SLYV - Sectors Allocation Comparison

Sectors	DGRS	SLYV
Financial Services	25.5%	19.5%
Industrials	19.1%	11.6%
Consumer Cyclical	16.1%	15.4%
Energy	10.8%	7.0%
Technology	9.2%	13.4%
Basic Materials	8.1%	6.9%
Consumer Defensive	6.3%	3.8%
Communication Services	1.9%	4.4%
Real Estate	1.8%	8.6%
Healthcare	1.2%	7.3%
Utilities	0.2%	2.1%

Return for Risk

DGRS vs. SLYV — Risk / Return Rank

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

DGRS

DGRS Risk / Return Rank: 67
DGRS Sharpe Ratio Rank: 63
DGRS Sortino Ratio Rank: 70
DGRS Omega Ratio Rank: 60
DGRS Calmar Ratio Rank: 75
DGRS Martin Ratio Rank: 65

SLYV

SLYV Risk / Return Rank: 81
SLYV Sharpe Ratio Rank: 81
SLYV Sortino Ratio Rank: 82
SLYV Omega Ratio Rank: 75
SLYV Calmar Ratio Rank: 87
SLYV Martin Ratio Rank: 83

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. SLYV - 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 SPDR S&P 600 Small Cap Value ETF (SLYV). 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	SLYV	Difference
Sharpe ratio: Return per unit of total volatility	1.81	2.23	-0.41
Sortino ratio: Return per unit of downside risk	2.76	3.17	-0.42
Omega ratio: Gain probability vs. loss probability	1.32	1.38	-0.06
Calmar ratio: Return relative to maximum drawdown	3.35	4.34	-0.99
Martin ratio: Return relative to average drawdown	10.32	14.39	-4.07

DGRS vs. SLYV - Sharpe Ratio Comparison

The current DGRS Sharpe Ratio is 1.81, which is comparable to the SLYV Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of DGRS and SLYV, 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. SLYV - Drawdown Comparison

The maximum DGRS drawdown since its inception was -44.83%, smaller than the maximum SLYV drawdown of -61.15%. Use the drawdown chart below to compare losses from any high point for DGRS and SLYV.

Drawdown Indicators

	DGRS	SLYV	Difference
Max Drawdown Largest peak-to-trough decline	-44.83%	-61.15%	+16.32%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-9.36%	-0.32%
Max Drawdown (3Y) Largest decline over 3 years	-27.57%	-28.68%	+1.11%
Max Drawdown (5Y) Largest decline over 5 years	-27.57%	-28.68%	+1.11%
Max Drawdown (10Y) Largest decline over 10 years	-44.83%	-47.73%	+2.90%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.70%	-8.92%	+2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	2.82%	+0.31%

Volatility

DGRS vs. SLYV - Volatility Comparison

The current volatility for WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) is 3.95%, while SPDR S&P 600 Small Cap Value ETF (SLYV) has a volatility of 4.78%. This indicates that DGRS experiences smaller price fluctuations and is considered to be less risky than SLYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRS	SLYV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	4.78%	-0.83%
Volatility (6M) Calculated over the trailing 6-month period	11.34%	11.82%	-0.48%
Volatility (1Y) Calculated over the trailing 1-year period	17.89%	18.28%	-0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.38%	21.91%	-1.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.61%	23.94%	-0.33%

DGRS vs. SLYV - Expense Ratio Comparison

DGRS has a 0.38% expense ratio, which is higher than SLYV's 0.15% expense ratio.

Dividends

DGRS vs. SLYV - Dividend Comparison

DGRS's dividend yield for the trailing twelve months is around 2.03%, more than SLYV's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	2.03%	2.68%	2.15%	2.36%	2.88%	2.19%	2.32%	2.39%	2.64%	1.90%	1.82%	2.55%
SLYV SPDR S&P 600 Small Cap Value ETF	1.83%	2.02%	2.30%	2.11%	1.47%	1.94%	1.40%	1.67%	2.14%	5.53%	2.18%	6.55%

Frequently Asked Questions

Can I hold both DGRS and SLYV in my portfolio?

With a correlation of 0.95, DGRS and SLYV 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 SLYV?

SLYV has higher volatility (4.78%) compared to DGRS (3.95%). In terms of maximum drawdown, DGRS dropped -44.83% vs SLYV's -61.15%.

Which ETF is better, DGRS or SLYV?

On 10-year performance, SLYV leads with 11.19% vs 10.72% for DGRS. On fees, SLYV is cheaper at 0.15% per year. On volatility, DGRS has been the lower-risk option at 3.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRS or SLYV?

Over the 10-year period, SLYV has performed better with a 11.19% return vs 10.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRS or SLYV?

SLYV is cheaper with a 0.15% expense ratio, compared with 0.38% for DGRS.

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

DGRS has the higher dividend yield at 2.03%, compared with 1.83% for SLYV.

What is the main difference between DGRS and SLYV?

DGRS tracks WisdomTree U.S. SmallCap Quality Dividend Growth Index, while SLYV tracks S&P SmallCap 600 Value Index. They also come from different issuers: WisdomTree and State Street. Their fees differ too: 0.38% for DGRS and 0.15% for SLYV.

Which has better risk-adjusted returns?

SLYV currently has the higher Sharpe Ratio (2.23 vs 1.81), 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.