DGRW vs. DHS

Last updated Jun 24, 2026

DGRW (WisdomTree U.S. Quality Dividend Growth Fund) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - DGRW is a Dividend fund tracking the WisdomTree U.S. 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, DGRW returned 14.14%/yr vs 9.73%/yr for DHS. Their correlation of 0.80 suggests significant overlap in exposure. DGRW charges 0.28%/yr vs 0.38%/yr for DHS.

Performance

DGRW vs. DHS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Quality Dividend Growth Fund (DGRW) 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, DGRW achieves a 6.36% return, which is significantly lower than DHS's 12.61% return. Over the past 10 years, DGRW has outperformed DHS with an annualized return of 14.14%, while DHS has yielded a comparatively lower 9.73% annualized return.

DGRW

• 1D: -0.92%
• 1M: -1.62%
• YTD: 6.36%
• 6M: 5.72%
• 1Y: 16.86%
• 3Y*: 15.10%
• 5Y*: 11.78%
• 10Y*: 14.14%

DHS

• 1D: 0.81%
• 1M: -0.18%
• YTD: 12.61%
• 6M: 12.50%
• 1Y: 22.41%
• 3Y*: 17.58%
• 5Y*: 11.73%
• 10Y*: 9.73%

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

DGRW vs. DHS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGRW WisdomTree U.S. Quality Dividend Growth Fund	6.36%	12.17%	16.98%	18.66%	-6.33%	24.46%	13.87%	29.54%	-5.38%	26.90%
DHS WisdomTree US High Dividend Fund	12.61%	12.87%	18.02%	-0.19%	7.97%	23.20%	-5.70%	22.59%	-7.41%	11.69%

Correlation

The correlation between DGRW and DHS is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since May 22, 2013	0.80

Over the past year, the correlation between DGRW and DHS has dropped to 0.53 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

DGRW vs. DHS - Sectors Allocation Comparison

Sectors	DGRW	DHS
Technology	32.1%	4.1%
Healthcare	12.8%	14.9%
Financial Services	11.3%	22.1%
Communication Services	10.1%	9.0%
Industrials	9.9%	4.2%
Consumer Cyclical	7.1%	5.6%
Consumer Defensive	6.7%	18.5%
Energy	5.0%	8.8%
Basic Materials	3.3%	1.2%
Utilities	0.2%	8.7%
Real Estate	-	2.9%

Return for Risk

DGRW vs. DHS — Risk / Return Rank

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

DGRW

DGRW Risk / Return Rank: 48
DGRW Sharpe Ratio Rank: 49
DGRW Sortino Ratio Rank: 50
DGRW Omega Ratio Rank: 49
DGRW Calmar Ratio Rank: 42
DGRW Martin Ratio Rank: 52

DHS

DHS Risk / Return Rank: 72
DHS Sharpe Ratio Rank: 72
DHS Sortino Ratio Rank: 78
DHS Omega Ratio Rank: 66
DHS Calmar Ratio Rank: 73
DHS Martin Ratio Rank: 72

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.

DGRW vs. DHS - Risk-Adjusted Trends Comparison

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

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.

	DGRW	DHS	Difference
Sharpe ratio: Return per unit of total volatility	1.65	2.21	-0.56
Sortino ratio: Return per unit of downside risk	2.36	3.27	-0.91
Omega ratio: Gain probability vs. loss probability	1.30	1.38	-0.08
Calmar ratio: Return relative to maximum drawdown	2.04	3.57	-1.53
Martin ratio: Return relative to average drawdown	8.67	12.96	-4.29

DGRW vs. DHS - Sharpe Ratio Comparison

The current DGRW Sharpe Ratio is 1.65, which is comparable to the DHS Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of DGRW 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.

Drawdowns

DGRW vs. DHS - Drawdown Comparison

The maximum DGRW drawdown since its inception was -32.04%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for DGRW and DHS.

Drawdown Indicators

	DGRW	DHS	Difference
Max Drawdown Largest peak-to-trough decline	-32.04%	-67.25%	+35.21%
Max Drawdown (1Y) Largest decline over 1 year	-8.30%	-6.30%	-2.00%
Max Drawdown (3Y) Largest decline over 3 years	-16.21%	-11.87%	-4.34%
Max Drawdown (5Y) Largest decline over 5 years	-17.27%	-15.28%	-1.99%
Max Drawdown (10Y) Largest decline over 10 years	-32.04%	-37.35%	+5.31%
Current Drawdown Current decline from peak	-3.32%	-1.19%	-2.13%
Average Drawdown Average peak-to-trough decline	-3.01%	-9.53%	+6.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	1.73%	+0.22%

Volatility

DGRW vs. DHS - Volatility Comparison

WisdomTree U.S. Quality Dividend Growth Fund (DGRW) and WisdomTree US High Dividend Fund (DHS) have volatilities of 3.75% and 3.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRW	DHS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	3.61%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	8.26%	7.53%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	10.30%	10.20%	+0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.01%	13.88%	+0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.21%	16.08%	+0.13%

DGRW vs. DHS - Expense Ratio Comparison

DGRW has a 0.28% expense ratio, which is lower than DHS's 0.38% expense ratio.

Dividends

DGRW vs. DHS - Dividend Comparison

DGRW's dividend yield for the trailing twelve months is around 1.30%, less than DHS's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.30%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
DHS WisdomTree US High Dividend Fund	3.27%	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 DGRW and DHS in my portfolio?

DGRW and DHS have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DGRW or DHS?

DGRW has higher volatility (3.75%) compared to DHS (3.61%). In terms of maximum drawdown, DGRW dropped -32.04% vs DHS's -67.25%.

Which ETF is better, DGRW or DHS?

On 10-year performance, DGRW leads with 14.14% vs 9.73% for DHS. On fees, DGRW is cheaper at 0.28% per year. On volatility, DHS has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRW or DHS?

Over the 10-year period, DGRW has performed better with a 14.14% return vs 9.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRW or DHS?

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

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

DHS has the higher dividend yield at 3.27%, compared with 1.30% for DGRW.

What is the main difference between DGRW and DHS?

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

Which has better risk-adjusted returns?

DHS currently has the higher Sharpe Ratio (2.21 vs 1.65), 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.