DGRW vs. MFG

Last updated Jun 14, 2026

DGRW (WisdomTree U.S. Quality Dividend Growth Fund) is Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index, while MFG (Mizuho Financial Group, Inc.) is a stock. Over the past 10 years, DGRW returned 14.13%/yr vs 15.72%/yr for MFG. At a 0.40 correlation, their price movements are largely independent.

Performance

DGRW vs. MFG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Quality Dividend Growth Fund (DGRW) and Mizuho Financial Group, Inc. (MFG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGRW achieves a 7.88% return, which is significantly lower than MFG's 32.24% return. Over the past 10 years, DGRW has underperformed MFG with an annualized return of 14.13%, while MFG has yielded a comparatively higher 15.72% annualized return.

DGRW

• 1D: 0.50%
• 1M: -0.55%
• YTD: 7.88%
• 6M: 7.92%
• 1Y: 18.88%
• 3Y*: 15.58%
• 5Y*: 11.95%
• 10Y*: 14.13%

MFG

• 1D: 1.68%
• 1M: 11.39%
• YTD: 32.24%
• 6M: 31.34%
• 1Y: 78.46%
• 3Y*: 51.80%
• 5Y*: 30.84%
• 10Y*: 15.72%

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

DGRW vs. MFG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGRW WisdomTree U.S. Quality Dividend Growth Fund	7.88%	12.17%	16.98%	18.66%	-6.33%	24.46%	13.87%	29.54%	-5.38%	26.90%
MFG Mizuho Financial Group, Inc.	32.24%	54.60%	47.85%	26.14%	17.09%	2.40%	-15.06%	3.00%	-17.58%	3.21%

Correlation

The correlation between DGRW and MFG is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since May 22, 2013	0.40

The correlation between DGRW and MFG shifts across timeframes, from 0.32 (3 years) to 0.47 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DGRW vs. MFG — Risk / Return Rank

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

DGRW

DGRW Risk / Return Rank: 59
DGRW Sharpe Ratio Rank: 60
DGRW Sortino Ratio Rank: 63
DGRW Omega Ratio Rank: 62
DGRW Calmar Ratio Rank: 49
DGRW Martin Ratio Rank: 60

MFG

MFG Risk / Return Rank: 89
MFG Sharpe Ratio Rank: 93
MFG Sortino Ratio Rank: 91
MFG Omega Ratio Rank: 90
MFG Calmar Ratio Rank: 84
MFG Martin Ratio Rank: 85

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. MFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Quality Dividend Growth Fund (DGRW) and Mizuho Financial Group, Inc. (MFG). 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	MFG	Difference
Sharpe ratio: Return per unit of total volatility	1.76	2.51	-0.75
Sortino ratio: Return per unit of downside risk	2.53	3.18	-0.65
Omega ratio: Gain probability vs. loss probability	1.32	1.40	-0.07
Calmar ratio: Return relative to maximum drawdown	2.15	3.11	-0.95
Martin ratio: Return relative to average drawdown	9.28	8.25	+1.03

DGRW vs. MFG - Sharpe Ratio Comparison

The current DGRW Sharpe Ratio is 1.76, which is comparable to the MFG Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of DGRW and MFG, 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. MFG - Drawdown Comparison

The maximum DGRW drawdown since its inception was -32.04%, smaller than the maximum MFG drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for DGRW and MFG.

Drawdown Indicators

	DGRW	MFG	Difference
Max Drawdown Largest peak-to-trough decline	-32.04%	-80.57%	+48.53%
Max Drawdown (1Y) Largest decline over 1 year	-8.30%	-24.78%	+16.48%
Max Drawdown (3Y) Largest decline over 3 years	-16.21%	-28.33%	+12.12%
Max Drawdown (5Y) Largest decline over 5 years	-17.27%	-28.33%	+11.06%
Max Drawdown (10Y) Largest decline over 10 years	-32.04%	-49.87%	+17.83%
Current Drawdown Current decline from peak	-1.93%	-4.06%	+2.13%
Average Drawdown Average peak-to-trough decline	-3.01%	-60.82%	+57.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	9.31%	-7.39%

Volatility

DGRW vs. MFG - Volatility Comparison

The current volatility for WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is 3.41%, while Mizuho Financial Group, Inc. (MFG) has a volatility of 10.09%. This indicates that DGRW experiences smaller price fluctuations and is considered to be less risky than MFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRW	MFG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	10.09%	-6.68%
Volatility (6M) Calculated over the trailing 6-month period	8.04%	24.20%	-16.16%
Volatility (1Y) Calculated over the trailing 1-year period	10.16%	30.69%	-20.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.01%	29.66%	-15.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.23%	26.49%	-10.26%

Dividends

DGRW vs. MFG - Dividend Comparison

DGRW's dividend yield for the trailing twelve months is around 1.28%, more than MFG's 0.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.28%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
MFG Mizuho Financial Group, Inc.	0.96%	2.68%	3.20%	3.73%	4.34%	2.76%	2.71%	0.00%	0.00%	1.86%	3.77%	3.10%

Frequently Asked Questions

Can I hold both DGRW and MFG in my portfolio?

DGRW and MFG have a correlation of 0.47, 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 MFG?

MFG has higher volatility (10.09%) compared to DGRW (3.41%). In terms of maximum drawdown, DGRW dropped -32.04% vs MFG's -80.57%.

Which has better risk-adjusted returns?

MFG currently has the higher Sharpe Ratio (2.51 vs 1.76), 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.