DNL vs. DGRW
Compare and contrast key facts about WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL) and WisdomTree U.S. Dividend Growth Fund (DGRW).
DNL and DGRW 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. DGRW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. Dividend Growth Index. It was launched on May 22, 2013. Both DNL and DGRW 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 DGRW.
Performance
DNL vs. DGRW - Performance Comparison
Returns By Period
In the year-to-date period, DNL achieves a -0.29% return, which is significantly lower than DGRW's 19.95% return. Over the past 10 years, DNL has underperformed DGRW with an annualized return of 5.85%, while DGRW has yielded a comparatively higher 12.73% annualized return.
DNL
-0.29%
-5.45%
-7.14%
5.87%
5.93%
5.85%
DGRW
19.95%
-0.98%
9.70%
26.57%
14.32%
12.73%
Key characteristics
| DNL | DGRW | |
|---|---|---|
| Sharpe Ratio | 0.39 | 2.47 |
| Sortino Ratio | 0.64 | 3.44 |
| Omega Ratio | 1.08 | 1.46 |
| Calmar Ratio | 0.38 | 4.18 |
| Martin Ratio | 1.45 | 15.50 |
| Ulcer Index | 3.84% | 1.69% |
| Daily Std Dev | 14.28% | 10.60% |
| Max Drawdown | -44.53% | -32.04% |
| Current Drawdown | -10.65% | -2.78% |
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DNL vs. DGRW - Expense Ratio Comparison
DNL has a 0.58% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Correlation
The correlation between DNL and DGRW is 0.73, 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. DGRW - 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 WisdomTree U.S. 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.
Dividends
DNL vs. DGRW - Dividend Comparison
DNL's dividend yield for the trailing twelve months is around 1.95%, more than DGRW's 1.52% 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% |
DGRW WisdomTree U.S. Dividend Growth Fund | 1.52% | 1.74% | 2.15% | 1.78% | 1.91% | 2.20% | 2.42% | 1.73% | 2.13% | 2.18% | 1.79% | 1.06% |
Drawdowns
DNL vs. DGRW - Drawdown Comparison
The maximum DNL drawdown since its inception was -44.53%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for DNL and DGRW. For additional features, visit the drawdowns tool.
Volatility
DNL vs. DGRW - Volatility Comparison
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL) has a higher volatility of 4.01% compared to WisdomTree U.S. Dividend Growth Fund (DGRW) at 3.61%. This indicates that DNL's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.