DLS vs. QGRW

Last updated Jun 4, 2026

DLS (WisdomTree International SmallCap Dividend) and QGRW (WisdomTree U.S. Quality Growth Fund) are both exchange-traded funds - DLS is a Foreign Small & Mid Cap Equities fund tracking the WisdomTree International SmallCap Dividend Index, while QGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Quality Growth Index. Both are passively managed. Over the past 3 years, DLS returned 17.27%/yr vs 29.10%/yr for QGRW. A 0.55 correlation means they provide meaningful diversification when combined. DLS charges 0.58%/yr vs 0.28%/yr for QGRW.

Performance

DLS vs. QGRW - Performance Comparison

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

Returns By Period

In the year-to-date period, DLS achieves a 6.63% return, which is significantly lower than QGRW's 15.43% return.

DLS

• 1D: -0.94%
• 1M: 0.80%
• YTD: 6.63%
• 6M: 9.37%
• 1Y: 22.56%
• 3Y*: 17.27%
• 5Y*: 6.55%
• 10Y*: 7.46%

QGRW

• 1D: -1.04%
• 1M: 9.03%
• YTD: 15.43%
• 6M: 14.57%
• 1Y: 35.66%
• 3Y*: 29.10%
• 5Y*: —
• 10Y*: —

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

DLS vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DLS WisdomTree International SmallCap Dividend	6.63%	34.11%	3.06%	15.33%	1.08%
QGRW WisdomTree U.S. Quality Growth Fund	15.43%	19.20%	34.85%	56.05%	-3.30%

Correlation

The correlation between DLS and QGRW is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Dec 16, 2022	0.55

The correlation between DLS and QGRW has been stable across timeframes, ranging from 0.53 to 0.59 - a consistent structural relationship.

DLS vs. QGRW - Sectors Allocation Comparison

Sectors	DLS	QGRW
Industrials	27.8%	8.0%
Financial Services	13.3%	4.1%
Consumer Cyclical	12.8%	12.4%
Basic Materials	8.9%	-
Technology	8.4%	52.1%
Consumer Defensive	7.9%	0.5%
Real Estate	7.8%	-
Communication Services	4.4%	17.8%
Healthcare	3.7%	4.3%
Energy	3.0%	0.6%
Utilities	2.1%	0.4%

Return for Risk

DLS vs. QGRW — Risk / Return Rank

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

DLS

DLS Risk / Return Rank: 46
DLS Sharpe Ratio Rank: 48
DLS Sortino Ratio Rank: 48
DLS Omega Ratio Rank: 48
DLS Calmar Ratio Rank: 41
DLS Martin Ratio Rank: 45

QGRW

QGRW Risk / Return Rank: 54
QGRW Sharpe Ratio Rank: 60
QGRW Sortino Ratio Rank: 56
QGRW Omega Ratio Rank: 57
QGRW Calmar Ratio Rank: 46
QGRW 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.

DLS vs. QGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International SmallCap Dividend (DLS) and WisdomTree U.S. Quality Growth Fund (QGRW). 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.

	DLS	QGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.69	2.06	-0.37
Sortino ratio: Return per unit of downside risk	2.41	2.75	-0.34
Omega ratio: Gain probability vs. loss probability	1.31	1.35	-0.05
Calmar ratio: Return relative to maximum drawdown	2.05	2.32	-0.27
Martin ratio: Return relative to average drawdown	7.55	9.08	-1.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DLS vs. QGRW - Sharpe Ratio Comparison

The current DLS Sharpe Ratio is 1.69, which is comparable to the QGRW Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of DLS and QGRW, 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

	DLS	QGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	2.06	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	1.66	-1.32

Drawdowns

DLS vs. QGRW - Drawdown Comparison

The maximum DLS drawdown since its inception was -63.13%, which is greater than QGRW's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for DLS and QGRW.

Drawdown Indicators

	DLS	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-63.13%	-24.40%	-38.73%
Max Drawdown (1Y) Largest decline over 1 year	-11.04%	-15.44%	+4.40%
Max Drawdown (3Y) Largest decline over 3 years	-12.69%	-24.40%	+11.71%
Max Drawdown (5Y) Largest decline over 5 years	-32.22%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.77%	—	—
Current Drawdown Current decline from peak	-3.20%	-1.33%	-1.87%
Average Drawdown Average peak-to-trough decline	-13.65%	-3.26%	-10.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	3.94%	-0.95%

Volatility

DLS vs. QGRW - Volatility Comparison

WisdomTree International SmallCap Dividend (DLS) and WisdomTree U.S. Quality Growth Fund (QGRW) have volatilities of 4.58% and 4.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DLS	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.58%	4.71%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	10.98%	13.67%	-2.69%
Volatility (1Y) Calculated over the trailing 1-year period	13.44%	17.40%	-3.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.57%	21.08%	-5.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.67%	21.08%	-4.41%

DLS vs. QGRW - Expense Ratio Comparison

DLS has a 0.58% expense ratio, which is higher than QGRW's 0.28% expense ratio.

Dividends

DLS vs. QGRW - Dividend Comparison

DLS's dividend yield for the trailing twelve months is around 3.50%, more than QGRW's 0.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLS WisdomTree International SmallCap Dividend	3.50%	3.87%	4.56%	4.29%	4.96%	3.29%	2.50%	3.37%	3.66%	2.79%	3.29%	2.72%
QGRW WisdomTree U.S. Quality Growth Fund	0.07%	0.09%	0.14%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DLS and QGRW in my portfolio?

DLS and QGRW have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DLS or QGRW?

QGRW has higher volatility (4.71%) compared to DLS (4.58%). In terms of maximum drawdown, DLS dropped -63.13% vs QGRW's -24.40%.

Which ETF is better, DLS or QGRW?

On 3-year performance, QGRW leads with 29.10% vs 17.27% for DLS. On fees, QGRW is cheaper at 0.28% per year. On volatility, DLS has been the lower-risk option at 4.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DLS or QGRW?

Over the 3-year period, QGRW has performed better with a 29.10% return vs 17.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DLS or QGRW?

QGRW is cheaper with a 0.28% expense ratio, compared with 0.58% for DLS.

Which ETF pays a higher dividend yield, DLS or QGRW?

DLS has the higher dividend yield at 3.50%, compared with 0.07% for QGRW.

What is the main difference between DLS and QGRW?

DLS is categorized as Foreign Small & Mid Cap Equities, while QGRW is Large Cap Growth Equities. DLS tracks WisdomTree International SmallCap Dividend Index, while QGRW tracks WisdomTree U.S. Quality Growth Index. Their fees differ too: 0.58% for DLS and 0.28% for QGRW.

Which has better risk-adjusted returns?

QGRW currently has the higher Sharpe Ratio (2.06 vs 1.69), 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.