DGRS vs. WNTR

Last updated Jul 12, 2026

DGRS (WisdomTree U.S. SmallCap Quality Dividend Growth Fund) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - DGRS is a Small Cap Value Equities fund tracking the WisdomTree U.S. SmallCap Quality Dividend Growth Index, while WNTR is a Derivative Income fund actively managed by YieldMax. DGRS is passively managed, while WNTR is actively managed. Over the past year, DGRS returned 23.27% vs 116.49% for WNTR. At a correlation of -0.29, they often move in opposite directions. DGRS charges 0.38%/yr vs 1.01%/yr for WNTR.

Performance

DGRS vs. WNTR - 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 YieldMax Short MSTR Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGRS achieves a 19.68% return, which is significantly higher than WNTR's 8.06% return.

DGRS

• 1D: 0.90%
• 1M: 0.92%
• 6M: 14.31%
• YTD: 19.68%
• 1Y: 23.27%
• 3Y*: 13.79%
• 5Y*: 7.82%
• 10Y*: 9.55%

WNTR

• 1D: -0.43%
• 1M: 15.85%
• 6M: 10.45%
• YTD: 8.06%
• 1Y: 116.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DGRS vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	19.68%	7.21%
WNTR YieldMax Short MSTR Option Income Strategy ETF	8.06%	52.78%

Correlation

The correlation between DGRS and WNTR is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.24
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.29

Return for Risk

DGRS vs. WNTR — Risk / Return Rank

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

DGRS

DGRS Risk / Return Rank: 49
DGRS Sharpe Ratio Rank: 44
DGRS Sortino Ratio Rank: 49
DGRS Omega Ratio Rank: 43
DGRS Calmar Ratio Rank: 57
DGRS Martin Ratio Rank: 52

WNTR

WNTR Risk / Return Rank: 65
WNTR Sharpe Ratio Rank: 81
WNTR Sortino Ratio Rank: 63
WNTR Omega Ratio Rank: 67
WNTR Calmar Ratio Rank: 65
WNTR Martin Ratio Rank: 49

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. WNTR - 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 YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.06	-0.81
Sortino ratio: Return per unit of downside risk	1.98	2.34	-0.36
Omega ratio: Gain probability vs. loss probability	1.23	1.32	-0.09
Calmar ratio: Return relative to maximum drawdown	2.27	2.60	-0.33
Martin ratio: Return relative to average drawdown	7.01	6.69	+0.32

DGRS vs. WNTR - Sharpe Ratio Comparison

The current DGRS Sharpe Ratio is 1.25, which is lower than the WNTR Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of DGRS and WNTR, 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. WNTR - Drawdown Comparison

The maximum DGRS drawdown since its inception was -44.83%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for DGRS and WNTR.

Drawdown Indicators

	DGRS	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-44.83%	-42.65%	-2.18%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-42.65%	+32.97%
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	-1.36%	-11.84%	+10.48%
Average Drawdown Average peak-to-trough decline	-6.68%	-20.57%	+13.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	16.58%	-13.44%

Volatility

DGRS vs. WNTR - Volatility Comparison

The current volatility for WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) is 3.99%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 18.80%. This indicates that DGRS experiences smaller price fluctuations and is considered to be less risky than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRS	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.99%	18.80%	-14.81%
Volatility (6M) Calculated over the trailing 6-month period	11.33%	47.57%	-36.24%
Volatility (1Y) Calculated over the trailing 1-year period	17.54%	53.81%	-36.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.32%	53.62%	-33.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.57%	53.62%	-30.05%

DGRS vs. WNTR - Expense Ratio Comparison

DGRS has a 0.38% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

DGRS vs. WNTR - Dividend Comparison

DGRS's dividend yield for the trailing twelve months is around 2.05%, less than WNTR's 104.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	2.05%	2.68%	2.15%	2.36%	2.88%	2.19%	2.32%	2.39%	2.64%	1.90%	1.82%	2.55%
WNTR YieldMax Short MSTR Option Income Strategy ETF	104.11%	58.56%	0.00%	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 WNTR in my portfolio?

DGRS and WNTR have a correlation of -0.24, 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 WNTR?

WNTR has higher volatility (18.80%) compared to DGRS (3.99%). In terms of maximum drawdown, DGRS dropped -44.83% vs WNTR's -42.65%.

Which ETF is better, DGRS or WNTR?

On 1-year performance, WNTR leads with 116.49% vs 23.27% for DGRS. On fees, DGRS is cheaper at 0.38% per year. On volatility, DGRS has been the lower-risk option at 3.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRS or WNTR?

Over the 1-year period, WNTR has performed better with a 116.49% return vs 23.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRS or WNTR?

DGRS is cheaper with a 0.38% expense ratio, compared with 1.01% for WNTR.

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

WNTR has the higher dividend yield at 104.11%, compared with 2.05% for DGRS.

What is the main difference between DGRS and WNTR?

DGRS is categorized as Small Cap Value Equities, while WNTR is Derivative Income. They also come from different issuers: WisdomTree and YieldMax. Their fees differ too: 0.38% for DGRS and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.06 vs 1.25), 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.