DGRW vs. USFR

Last updated Jun 4, 2026

DGRW (WisdomTree U.S. Quality Dividend Growth Fund) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. Both are passively managed. Over the past 10 years, DGRW returned 14.15%/yr vs 2.47%/yr for USFR. At a 0.01 correlation, their price movements are largely independent. DGRW charges 0.28%/yr vs 0.15%/yr for USFR.

Performance

DGRW vs. USFR - 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 Floating Rate Treasury Fund (USFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGRW achieves a 9.10% return, which is significantly higher than USFR's 1.60% return. Over the past 10 years, DGRW has outperformed USFR with an annualized return of 14.15%, while USFR has yielded a comparatively lower 2.47% annualized return.

DGRW

• 1D: -0.83%
• 1M: 4.06%
• YTD: 9.10%
• 6M: 8.62%
• 1Y: 20.79%
• 3Y*: 16.64%
• 5Y*: 12.17%
• 10Y*: 14.15%

USFR

• 1D: 0.02%
• 1M: 0.29%
• YTD: 1.60%
• 6M: 1.98%
• 1Y: 4.03%
• 3Y*: 4.76%
• 5Y*: 3.66%
• 10Y*: 2.47%

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

DGRW vs. USFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGRW WisdomTree U.S. Quality Dividend Growth Fund	9.10%	12.17%	16.98%	18.66%	-6.33%	24.46%	13.87%	29.54%	-5.38%	26.90%
USFR WisdomTree Floating Rate Treasury Fund	1.60%	4.23%	5.47%	5.18%	1.98%	-0.03%	0.56%	2.02%	2.01%	1.03%

Correlation

The correlation between DGRW and USFR is -0.10, 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	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (10Y) Calculated over the trailing 10-year period	-0.00
Correlation (All Time) Calculated using the full available price history since Feb 5, 2014	0.01

The correlation between DGRW and USFR shifts across timeframes, from -0.10 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DGRW vs. USFR — Risk / Return Rank

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

DGRW

DGRW Risk / Return Rank: 60
DGRW Sharpe Ratio Rank: 61
DGRW Sortino Ratio Rank: 65
DGRW Omega Ratio Rank: 63
DGRW Calmar Ratio Rank: 50
DGRW Martin Ratio Rank: 61

USFR

USFR Risk / Return Rank: 100
USFR Sharpe Ratio Rank: 100
USFR Sortino Ratio Rank: 100
USFR Omega Ratio Rank: 100
USFR Calmar Ratio Rank: 100
USFR Martin Ratio Rank: 100

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. USFR - 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 Floating Rate Treasury Fund (USFR). 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.

	DGRW	USFR	Difference
Sharpe ratio: Return per unit of total volatility	2.12	15.11	-13.00
Sortino ratio: Return per unit of downside risk	3.09	50.64	-47.55
Omega ratio: Gain probability vs. loss probability	1.39	13.43	-12.04
Calmar ratio: Return relative to maximum drawdown	2.52	203.42	-200.90
Martin ratio: Return relative to average drawdown	11.03	787.84	-776.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DGRW vs. USFR - Sharpe Ratio Comparison

The current DGRW Sharpe Ratio is 2.12, which is lower than the USFR Sharpe Ratio of 15.11. The chart below compares the historical Sharpe Ratios of DGRW and USFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DGRW	USFR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	15.11	-13.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	9.26	-8.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	3.07	-2.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	1.60	-0.75

Drawdowns

DGRW vs. USFR - Drawdown Comparison

The maximum DGRW drawdown since its inception was -32.04%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for DGRW and USFR.

Drawdown Indicators

	DGRW	USFR	Difference
Max Drawdown Largest peak-to-trough decline	-32.04%	-1.36%	-30.68%
Max Drawdown (1Y) Largest decline over 1 year	-8.30%	-0.02%	-8.28%
Max Drawdown (3Y) Largest decline over 3 years	-16.21%	-0.06%	-16.15%
Max Drawdown (5Y) Largest decline over 5 years	-17.27%	-0.18%	-17.09%
Max Drawdown (10Y) Largest decline over 10 years	-32.04%	-0.80%	-31.24%
Current Drawdown Current decline from peak	-0.83%	0.00%	-0.83%
Average Drawdown Average peak-to-trough decline	-3.01%	-0.16%	-2.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	0.01%	+1.88%

Volatility

DGRW vs. USFR - Volatility Comparison

WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has a higher volatility of 2.47% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.06%. This indicates that DGRW's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGRW	USFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.47%	0.06%	+2.41%
Volatility (6M) Calculated over the trailing 6-month period	7.64%	0.18%	+7.46%
Volatility (1Y) Calculated over the trailing 1-year period	9.88%	0.27%	+9.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.97%	0.40%	+13.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.21%	0.81%	+15.40%

DGRW vs. USFR - Expense Ratio Comparison

DGRW has a 0.28% expense ratio, which is higher than USFR's 0.15% expense ratio.

Dividends

DGRW vs. USFR - Dividend Comparison

DGRW's dividend yield for the trailing twelve months is around 1.27%, less than USFR's 3.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.27%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
USFR WisdomTree Floating Rate Treasury Fund	3.91%	4.15%	5.17%	5.12%	1.78%	0.01%	0.40%	2.08%	1.67%	1.03%	0.29%	0.00%

Frequently Asked Questions

Can I hold both DGRW and USFR in my portfolio?

DGRW and USFR have a correlation of -0.10, 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 USFR?

DGRW has higher volatility (2.47%) compared to USFR (0.06%). In terms of maximum drawdown, DGRW dropped -32.04% vs USFR's -1.36%.

Which ETF is better, DGRW or USFR?

On 10-year performance, DGRW leads with 14.15% vs 2.47% for USFR. On fees, USFR is cheaper at 0.15% per year. On volatility, USFR has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRW or USFR?

Over the 10-year period, DGRW has performed better with a 14.15% return vs 2.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRW or USFR?

USFR is cheaper with a 0.15% expense ratio, compared with 0.28% for DGRW.

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

USFR has the higher dividend yield at 3.91%, compared with 1.27% for DGRW.

What is the main difference between DGRW and USFR?

DGRW is categorized as Dividend, while USFR is Government Bonds. DGRW tracks WisdomTree U.S. Quality Dividend Growth Index, while USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index. Their fees differ too: 0.28% for DGRW and 0.15% for USFR.

Which has better risk-adjusted returns?

USFR currently has the higher Sharpe Ratio (15.11 vs 2.12), 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.