DIVS vs. DGRW

Last updated Jun 24, 2026

DIVS (SmartETFs Dividend Builder ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - DIVS is a Global Equities fund actively managed by Guinness Atkinson Asset Management, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. DIVS is actively managed, while DGRW is passively managed. Over the past 5 years, DIVS returned 9.00%/yr vs 11.78%/yr for DGRW. Their correlation of 0.86 suggests significant overlap in exposure. DIVS charges 0.65%/yr vs 0.28%/yr for DGRW.

Performance

DIVS vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SmartETFs Dividend Builder ETF (DIVS) 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, DIVS achieves a 6.02% return, which is significantly lower than DGRW's 6.36% return.

DIVS

• 1D: -0.68%
• 1M: -0.53%
• YTD: 6.02%
• 6M: 5.56%
• 1Y: 10.66%
• 3Y*: 12.30%
• 5Y*: 9.00%
• 10Y*: —

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%

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

DIVS vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DIVS SmartETFs Dividend Builder ETF	6.02%	11.66%	12.60%	15.98%	-8.97%	17.30%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	6.36%	12.17%	16.98%	18.66%	-6.33%	16.38%

Correlation

The correlation between DIVS and DGRW is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Mar 29, 2021	0.86

The correlation between DIVS and DGRW has been stable across timeframes, ranging from 0.77 to 0.86 - a consistent structural relationship.

DIVS vs. DGRW - Sectors Allocation Comparison

Sectors	DIVS	DGRW
Industrials	24.8%	9.9%
Technology	22.5%	32.1%
Consumer Defensive	20.6%	6.7%
Financial Services	13.6%	11.3%
Healthcare	12.7%	12.8%
Communication Services	3.2%	10.1%
Consumer Cyclical	2.6%	7.1%
Basic Materials	-	3.3%
Energy	-	5.0%
Real Estate	-	-
Utilities	-	0.2%

Return for Risk

DIVS vs. DGRW — Risk / Return Rank

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

DIVS

DIVS Risk / Return Rank: 27
DIVS Sharpe Ratio Rank: 29
DIVS Sortino Ratio Rank: 29
DIVS Omega Ratio Rank: 27
DIVS Calmar Ratio Rank: 22
DIVS Martin Ratio Rank: 27

DGRW

DGRW Risk / Return Rank: 48
DGRW Sharpe Ratio Rank: 49
DGRW Sortino Ratio Rank: 50
DGRW Omega Ratio Rank: 49
DGRW Calmar Ratio Rank: 42
DGRW Martin Ratio Rank: 52

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.

DIVS vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SmartETFs Dividend Builder ETF (DIVS) 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.

	DIVS	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.01	1.65	-0.64
Sortino ratio: Return per unit of downside risk	1.50	2.36	-0.86
Omega ratio: Gain probability vs. loss probability	1.18	1.30	-0.13
Calmar ratio: Return relative to maximum drawdown	1.01	2.04	-1.03
Martin ratio: Return relative to average drawdown	3.60	8.67	-5.07

DIVS vs. DGRW - Sharpe Ratio Comparison

The current DIVS Sharpe Ratio is 1.01, which is lower than the DGRW Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of DIVS 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

DIVS vs. DGRW - Drawdown Comparison

The maximum DIVS drawdown since its inception was -29.55%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for DIVS and DGRW.

Drawdown Indicators

	DIVS	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-29.55%	-32.04%	+2.49%
Max Drawdown (1Y) Largest decline over 1 year	-10.62%	-8.30%	-2.32%
Max Drawdown (3Y) Largest decline over 3 years	-12.61%	-16.21%	+3.60%
Max Drawdown (5Y) Largest decline over 5 years	-20.71%	-17.27%	-3.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-2.01%	-3.32%	+1.31%
Average Drawdown Average peak-to-trough decline	-3.70%	-3.01%	-0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	1.95%	+1.02%

Volatility

DIVS vs. DGRW - Volatility Comparison

The current volatility for SmartETFs Dividend Builder ETF (DIVS) is 2.91%, while WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has a volatility of 3.75%. This indicates that DIVS 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

	DIVS	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	3.75%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	8.42%	8.26%	+0.16%
Volatility (1Y) Calculated over the trailing 1-year period	10.60%	10.30%	+0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.07%	14.01%	-0.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.10%	16.21%	+9.89%

DIVS vs. DGRW - Expense Ratio Comparison

DIVS has a 0.65% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

DIVS vs. DGRW - Dividend Comparison

DIVS's dividend yield for the trailing twelve months is around 3.17%, more than DGRW's 1.30% yield.

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%
DIVS SmartETFs Dividend Builder ETF	3.17%	2.61%	2.66%	3.14%	5.93%	3.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVS and DGRW in my portfolio?

DIVS and DGRW have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVS or DGRW?

DGRW has higher volatility (3.75%) compared to DIVS (2.91%). In terms of maximum drawdown, DIVS dropped -29.55% vs DGRW's -32.04%.

Which ETF is better, DIVS or DGRW?

On 5-year performance, DGRW leads with 11.78% vs 9.00% for DIVS. On fees, DGRW is cheaper at 0.28% per year. On volatility, DIVS has been the lower-risk option at 2.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVS or DGRW?

Over the 5-year period, DGRW has performed better with a 11.78% return vs 9.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVS or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.65% for DIVS.

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

DIVS has the higher dividend yield at 3.17%, compared with 1.30% for DGRW.

What is the main difference between DIVS and DGRW?

DIVS is categorized as Global Equities, while DGRW is Dividend. They also come from different issuers: Guinness Atkinson Asset Management and WisdomTree. Their fees differ too: 0.65% for DIVS and 0.28% for DGRW.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (1.65 vs 1.01), 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.