DNL vs. DGRO
Compare and contrast key facts about WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL) and iShares Core Dividend Growth ETF (DGRO).
DNL and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DNL is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global ex-U.S. Quality Dividend Growth Index. It was launched on Jun 16, 2006. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. Both DNL and DGRO 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: DNL or DGRO.
Performance
DNL vs. DGRO - Performance Comparison
Returns By Period
In the year-to-date period, DNL achieves a -0.29% return, which is significantly lower than DGRO's 19.14% return. Over the past 10 years, DNL has underperformed DGRO with an annualized return of 5.85%, while DGRO has yielded a comparatively higher 11.72% annualized return.
DNL
-0.29%
-5.45%
-7.14%
5.87%
5.93%
5.85%
DGRO
19.14%
-0.44%
9.59%
26.59%
11.75%
11.72%
Key characteristics
| DNL | DGRO | |
|---|---|---|
| Sharpe Ratio | 0.39 | 2.76 |
| Sortino Ratio | 0.64 | 3.90 |
| Omega Ratio | 1.08 | 1.51 |
| Calmar Ratio | 0.38 | 5.19 |
| Martin Ratio | 1.45 | 18.07 |
| Ulcer Index | 3.84% | 1.46% |
| Daily Std Dev | 14.28% | 9.55% |
| Max Drawdown | -44.53% | -35.10% |
| Current Drawdown | -10.65% | -1.79% |
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DNL vs. DGRO - Expense Ratio Comparison
DNL has a 0.58% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Correlation
The correlation between DNL and DGRO is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
DNL vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL) and iShares Core Dividend Growth ETF (DGRO). 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
DNL vs. DGRO - Dividend Comparison
DNL's dividend yield for the trailing twelve months is around 1.95%, less than DGRO's 2.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNL WisdomTree Global ex-U.S. Quality Dividend Growth Fund | 1.95% | 1.81% | 4.82% | 1.37% | 1.76% | 1.93% | 2.55% | 1.86% | 2.51% | 1.98% | 2.37% | 2.30% |
DGRO iShares Core Dividend Growth ETF | 2.18% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% | 0.00% |
Drawdowns
DNL vs. DGRO - Drawdown Comparison
The maximum DNL drawdown since its inception was -44.53%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for DNL and DGRO. For additional features, visit the drawdowns tool.
Volatility
DNL vs. DGRO - Volatility Comparison
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL) has a higher volatility of 4.01% compared to iShares Core Dividend Growth ETF (DGRO) at 3.22%. This indicates that DNL's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.