DHS.L vs. GGRP.L

Last updated Jul 16, 2026

DHS.L (WisdomTree US High Dividend UCITS ETF USD (Dist)) and GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) are both exchange-traded funds - DHS.L is a Dividend fund tracking the WisdomTree US High Dividend UCITS Index, while GGRP.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth. Both are passively managed. Over the past 5 years, DHS.L returned 12.35%/yr vs 8.46%/yr for GGRP.L. A 0.72 correlation means they provide meaningful diversification when combined. DHS.L charges 0.29%/yr vs 0.38%/yr for GGRP.L.

Performance

DHS.L vs. GGRP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree US High Dividend UCITS ETF USD (Dist) (DHS.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DHS.L achieves a 12.15% return, which is significantly higher than GGRP.L's 5.78% return.

DHS.L

• 1D: -0.35%
• 1M: 1.99%
• 6M: 8.98%
• YTD: 12.15%
• 1Y: 21.91%
• 3Y*: 16.07%
• 5Y*: 12.35%
• 10Y*: 9.13%

GGRP.L

• 1D: -0.33%
• 1M: -0.13%
• 6M: 4.56%
• YTD: 5.78%
• 1Y: 14.78%
• 3Y*: 11.12%
• 5Y*: 8.46%
• 10Y*: —

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

DHS.L vs. GGRP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DHS.L WisdomTree US High Dividend UCITS ETF USD (Dist)	12.15%	4.77%	20.38%	-4.02%	19.92%	25.61%	-7.64%	18.85%	-2.86%	1.32%
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD	5.78%	8.49%	11.07%	11.60%	-3.21%	20.97%	11.56%	28.30%	-5.39%	17.37%

Correlation

The correlation between DHS.L and GGRP.L is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Nov 2, 2016	0.72

Over the past year, the correlation between DHS.L and GGRP.L has dropped to 0.52 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

Return for Risk

DHS.L vs. GGRP.L — Risk / Return Rank

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

DHS.L

DHS.L Risk / Return Rank: 83
DHS.L Sharpe Ratio Rank: 85
DHS.L Sortino Ratio Rank: 85
DHS.L Omega Ratio Rank: 81
DHS.L Calmar Ratio Rank: 83
DHS.L Martin Ratio Rank: 81

GGRP.L

GGRP.L Risk / Return Rank: 49
GGRP.L Sharpe Ratio Rank: 51
GGRP.L Sortino Ratio Rank: 54
GGRP.L Omega Ratio Rank: 52
GGRP.L Calmar Ratio Rank: 41
GGRP.L Martin Ratio Rank: 49

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.

DHS.L vs. GGRP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US High Dividend UCITS ETF USD (Dist) (DHS.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L). 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.

	DHS.L	GGRP.L	Difference
Sharpe ratio: Return per unit of total volatility	2.18	1.44	+0.75
Sortino ratio: Return per unit of downside risk	3.07	2.14	+0.93
Omega ratio: Gain probability vs. loss probability	1.38	1.27	+0.11
Calmar ratio: Return relative to maximum drawdown	3.58	1.71	+1.86
Martin ratio: Return relative to average drawdown	12.31	6.62	+5.69

DHS.L vs. GGRP.L - Sharpe Ratio Comparison

The current DHS.L Sharpe Ratio is 2.18, which is higher than the GGRP.L Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of DHS.L and GGRP.L, 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

DHS.L vs. GGRP.L - Drawdown Comparison

The maximum DHS.L drawdown since its inception was -38.98%, which is greater than GGRP.L's maximum drawdown of -22.60%. Use the drawdown chart below to compare losses from any high point for DHS.L and GGRP.L.

Drawdown Indicators

	DHS.L	GGRP.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.98%	-22.60%	-16.38%
Max Drawdown (1Y) Largest decline over 1 year	-6.40%	-8.59%	+2.19%
Max Drawdown (3Y) Largest decline over 3 years	-17.50%	-16.25%	-1.25%
Max Drawdown (5Y) Largest decline over 5 years	-18.39%	-16.25%	-2.14%
Max Drawdown (10Y) Largest decline over 10 years	-28.93%	—	—
Current Drawdown Current decline from peak	-1.32%	-1.04%	-0.28%
Average Drawdown Average peak-to-trough decline	-9.19%	-3.86%	-5.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	2.23%	-0.37%

Volatility

DHS.L vs. GGRP.L - Volatility Comparison

WisdomTree US High Dividend UCITS ETF USD (Dist) (DHS.L) has a higher volatility of 2.57% compared to WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) at 2.32%. This indicates that DHS.L's price experiences larger fluctuations and is considered to be riskier than GGRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DHS.L	GGRP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.57%	2.32%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	8.13%	8.29%	-0.16%
Volatility (1Y) Calculated over the trailing 1-year period	10.53%	10.24%	+0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.84%	12.04%	+1.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.89%	14.83%	+0.06%

DHS.L vs. GGRP.L - Expense Ratio Comparison

DHS.L has a 0.29% expense ratio, which is lower than GGRP.L's 0.38% expense ratio.

Dividends

DHS.L vs. GGRP.L - Dividend Comparison

DHS.L's dividend yield for the trailing twelve months is around 2.63%, more than GGRP.L's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHS.L WisdomTree US High Dividend UCITS ETF USD (Dist)	2.63%	2.89%	5.19%	5.19%	2.83%	2.87%	5.63%	4.86%	3.06%	2.70%	2.51%	2.46%
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD	1.19%	1.23%	1.61%	1.84%	2.42%	1.60%	0.84%	0.78%	2.14%	1.42%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DHS.L and GGRP.L in my portfolio?

DHS.L and GGRP.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DHS.L or GGRP.L?

On fees, DHS.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DHS.L or GGRP.L?

DHS.L is cheaper with a 0.29% expense ratio, compared with 0.38% for GGRP.L.

What is the main difference between DHS.L and GGRP.L?

DHS.L is categorized as Dividend, while GGRP.L is Global Equities. DHS.L tracks WisdomTree US High Dividend UCITS Index, while GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth. Their fees differ too: 0.29% for DHS.L and 0.38% for GGRP.L.