DGS vs. NOBL
Compare and contrast key facts about WisdomTree Emerging Markets SmallCap Divdend Fund (DGS) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
DGS and NOBL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DGS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets SmallCap Dividend Index. It was launched on Oct 30, 2007. NOBL is a passively managed fund by ProShares that tracks the performance of the S&P 500 Dividend Aristocrats Index. It was launched on Oct 9, 2013. Both DGS and NOBL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGS or NOBL.
Key characteristics
| DGS | NOBL | |
|---|---|---|
| YTD Return | 4.19% | 3.93% |
| 1Y Return | 16.57% | 9.26% |
| 3Y Return (Ann) | 3.31% | 4.10% |
| 5Y Return (Ann) | 7.19% | 10.28% |
| 10Y Return (Ann) | 4.97% | 10.42% |
| Sharpe Ratio | 1.33 | 0.82 |
| Daily Std Dev | 12.62% | 10.84% |
| Max Drawdown | -61.83% | -35.43% |
| Current Drawdown | -0.52% | -2.81% |
Correlation
The correlation between DGS and NOBL is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DGS vs. NOBL - Performance Comparison
In the year-to-date period, DGS achieves a 4.19% return, which is significantly higher than NOBL's 3.93% return. Over the past 10 years, DGS has underperformed NOBL with an annualized return of 4.97%, while NOBL has yielded a comparatively higher 10.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DGS vs. NOBL - Expense Ratio Comparison
DGS has a 0.63% expense ratio, which is higher than NOBL's 0.35% expense ratio.
Risk-Adjusted Performance
DGS vs. NOBL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets SmallCap Divdend Fund (DGS) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). 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.
Dividends
DGS vs. NOBL - Dividend Comparison
DGS's dividend yield for the trailing twelve months is around 4.24%, more than NOBL's 2.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGS WisdomTree Emerging Markets SmallCap Divdend Fund | 4.24% | 4.55% | 5.34% | 3.98% | 3.69% | 3.95% | 4.24% | 2.81% | 3.42% | 3.28% | 3.20% | 3.45% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 2.06% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% | 1.59% | 0.30% |
Drawdowns
DGS vs. NOBL - Drawdown Comparison
The maximum DGS drawdown since its inception was -61.83%, which is greater than NOBL's maximum drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for DGS and NOBL. For additional features, visit the drawdowns tool.
Volatility
DGS vs. NOBL - Volatility Comparison
WisdomTree Emerging Markets SmallCap Divdend Fund (DGS) has a higher volatility of 4.21% compared to ProShares S&P 500 Dividend Aristocrats ETF (NOBL) at 2.87%. This indicates that DGS's price experiences larger fluctuations and is considered to be riskier than NOBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.