DIVGX vs. DGRW

Last updated Jun 23, 2026

DIVGX (Guardian Capital Dividend Growth Fund) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both funds - DIVGX is a Large Cap Blend Equities fund managed by Guardian, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Over the past 5 years, DIVGX returned 11.49%/yr vs 12.16%/yr for DGRW. Their correlation of 0.90 suggests significant overlap in exposure. DIVGX charges 0.95%/yr vs 0.28%/yr for DGRW.

Performance

DIVGX vs. DGRW - Performance Comparison

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

Returns By Period

In the year-to-date period, DIVGX achieves a 9.08% return, which is significantly higher than DGRW's 7.35% return.

DIVGX

• 1D: 0.50%
• 1M: -0.43%
• YTD: 9.08%
• 6M: 9.08%
• 1Y: 18.33%
• 3Y*: 16.16%
• 5Y*: 11.49%
• 10Y*: —

DGRW

• 1D: -0.32%
• 1M: -0.70%
• YTD: 7.35%
• 6M: 7.02%
• 1Y: 18.84%
• 3Y*: 15.46%
• 5Y*: 12.16%
• 10Y*: 14.25%

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

DIVGX vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DIVGX Guardian Capital Dividend Growth Fund	9.08%	13.62%	16.20%	19.48%	-14.64%	27.43%	9.47%	10.67%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	7.35%	12.17%	16.98%	18.66%	-6.33%	24.46%	13.87%	11.29%

Correlation

The correlation between DIVGX and DGRW is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since May 1, 2019	0.90

The correlation between DIVGX and DGRW has been stable across timeframes, ranging from 0.83 to 0.90 - a consistent structural relationship.

Return for Risk

DIVGX vs. DGRW — Risk / Return Rank

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

DIVGX

DIVGX Risk / Return Rank: 53
DIVGX Sharpe Ratio Rank: 51
DIVGX Sortino Ratio Rank: 51
DIVGX Omega Ratio Rank: 48
DIVGX Calmar Ratio Rank: 53
DIVGX Martin Ratio Rank: 60

DGRW

DGRW Risk / Return Rank: 55
DGRW Sharpe Ratio Rank: 57
DGRW Sortino Ratio Rank: 57
DGRW Omega Ratio Rank: 57
DGRW Calmar Ratio Rank: 47
DGRW Martin Ratio Rank: 57

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.

DIVGX vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guardian Capital Dividend Growth Fund (DIVGX) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). 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.

	DIVGX	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.85	+0.10
Sortino ratio: Return per unit of downside risk	2.78	2.63	+0.15
Omega ratio: Gain probability vs. loss probability	1.35	1.34	+0.01
Calmar ratio: Return relative to maximum drawdown	2.66	2.28	+0.38
Martin ratio: Return relative to average drawdown	11.27	9.75	+1.52

DIVGX vs. DGRW - Sharpe Ratio Comparison

The current DIVGX Sharpe Ratio is 1.94, which is comparable to the DGRW Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of DIVGX and DGRW, 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

DIVGX vs. DGRW - Drawdown Comparison

The maximum DIVGX drawdown since its inception was -32.33%, roughly equal to the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for DIVGX and DGRW.

Drawdown Indicators

	DIVGX	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-32.33%	-32.04%	-0.29%
Max Drawdown (1Y) Largest decline over 1 year	-6.90%	-8.30%	+1.40%
Max Drawdown (3Y) Largest decline over 3 years	-13.35%	-16.21%	+2.86%
Max Drawdown (5Y) Largest decline over 5 years	-23.86%	-17.27%	-6.59%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-0.68%	-2.42%	+1.74%
Average Drawdown Average peak-to-trough decline	-4.57%	-3.01%	-1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	1.94%	-0.32%

Volatility

DIVGX vs. DGRW - Volatility Comparison

The current volatility for Guardian Capital Dividend Growth Fund (DIVGX) is 2.62%, while WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has a volatility of 3.64%. This indicates that DIVGX experiences smaller price fluctuations and is considered to be less risky than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVGX	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	3.64%	-1.02%
Volatility (6M) Calculated over the trailing 6-month period	7.37%	8.21%	-0.84%
Volatility (1Y) Calculated over the trailing 1-year period	9.45%	10.27%	-0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.35%	14.01%	-0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.63%	16.24%	+0.39%

DIVGX vs. DGRW - Expense Ratio Comparison

DIVGX has a 0.95% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

DIVGX vs. DGRW - Dividend Comparison

DIVGX's dividend yield for the trailing twelve months is around 24.86%, more than DGRW's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.29%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
DIVGX Guardian Capital Dividend Growth Fund	24.86%	27.35%	1.15%	1.46%	3.08%	1.36%	1.22%	1.03%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVGX and DGRW in my portfolio?

DIVGX and DGRW have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVGX or DGRW?

DGRW has higher volatility (3.64%) compared to DIVGX (2.62%). In terms of maximum drawdown, DIVGX dropped -32.33% vs DGRW's -32.04%.

Which has better risk-adjusted returns?

DIVGX currently has the higher Sharpe Ratio (1.94 vs 1.85), 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.