DGRW vs. UGA
DGRW (WisdomTree U.S. Quality Dividend Growth Fund) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. Both are passively managed. Over the past 10 years, DGRW returned 14.14%/yr vs 14.31%/yr for UGA. At a 0.18 correlation, their price movements are largely independent. DGRW charges 0.28%/yr vs 0.75%/yr for UGA.
Performance
DGRW vs. UGA - Performance Comparison
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Returns By Period
In the year-to-date period, DGRW achieves a 6.36% return, which is significantly lower than UGA's 64.09% return. Both investments have delivered pretty close results over the past 10 years, with DGRW having a 14.14% annualized return and UGA not far ahead at 14.31%.
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%
UGA
- 1D
- -1.12%
- 1M
- -12.11%
- YTD
- 64.09%
- 6M
- 60.42%
- 1Y
- 59.74%
- 3Y*
- 18.95%
- 5Y*
- 22.69%
- 10Y*
- 14.31%
DGRW vs. UGA - 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% |
UGA United States Gasoline Fund LP | 64.09% | -2.00% | 3.77% | 1.27% | 46.34% | 68.49% | -24.88% | 41.25% | -28.07% | 1.69% |
Correlation
The correlation between DGRW and UGA is -0.20, 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 | -0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since May 22, 2013 | 0.18 |
The correlation between DGRW and UGA shifts across timeframes, from -0.20 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DGRW vs. UGA — Risk / Return Rank
DGRW
UGA
DGRW vs. UGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Quality Dividend Growth Fund (DGRW) and United States Gasoline Fund LP (UGA). 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 | UGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.30 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 3.17 | -1.13 |
| Martin ratioReturn relative to average drawdown | 8.67 | 9.39 | -0.72 |
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Drawdowns
DGRW vs. UGA - Drawdown Comparison
The maximum DGRW drawdown since its inception was -32.04%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for DGRW and UGA.
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Drawdown Indicators
| DGRW | UGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.04% | -86.59% | +54.55% |
Max Drawdown (1Y)Largest decline over 1 year | -8.30% | -18.96% | +10.66% |
Max Drawdown (3Y)Largest decline over 3 years | -16.21% | -26.68% | +10.47% |
Max Drawdown (5Y)Largest decline over 5 years | -17.27% | -38.11% | +20.84% |
Max Drawdown (10Y)Largest decline over 10 years | -32.04% | -75.89% | +43.85% |
Current DrawdownCurrent decline from peak | -3.32% | -18.05% | +14.73% |
Average DrawdownAverage peak-to-trough decline | -3.01% | -36.69% | +33.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 6.43% | -4.48% |
Volatility
DGRW vs. UGA - Volatility Comparison
The current volatility for WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is 3.75%, while United States Gasoline Fund LP (UGA) has a volatility of 9.24%. This indicates that DGRW experiences smaller price fluctuations and is considered to be less risky than UGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DGRW | UGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | 9.24% | -5.49% |
Volatility (6M)Calculated over the trailing 6-month period | 8.26% | 30.57% | -22.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.30% | 35.22% | -24.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.01% | 34.45% | -20.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.21% | 37.22% | -21.01% |
DGRW vs. UGA - Expense Ratio Comparison
DGRW has a 0.28% expense ratio, which is lower than UGA's 0.75% expense ratio.
Dividends
DGRW vs. UGA - Dividend Comparison
DGRW's dividend yield for the trailing twelve months is around 1.30%, while UGA has not paid dividends to shareholders.
| 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% |
UGA United States Gasoline Fund LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DGRW and UGA have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UGA has higher volatility (9.24%) compared to DGRW (3.75%). In terms of maximum drawdown, DGRW dropped -32.04% vs UGA's -86.59%.
On 10-year performance, UGA leads with 14.31% vs 14.14% for DGRW. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 3.75%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, UGA has performed better with a 14.31% return vs 14.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DGRW is cheaper with a 0.28% expense ratio, compared with 0.75% for UGA.
DGRW has the higher dividend yield at 1.30%, compared with 0.00% for UGA.
DGRW is categorized as Dividend, while UGA is Oil & Gas. DGRW tracks WisdomTree U.S. Quality Dividend Growth Index, while UGA tracks Front Month Unleaded Gasoline. They also come from different issuers: WisdomTree and Concierge Technologies. Their fees differ too: 0.28% for DGRW and 0.75% for UGA.
UGA currently has the higher Sharpe Ratio (1.73 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.
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