EPSV vs. DGRS

Last updated Jun 4, 2026

EPSV (Harbor SMID Cap Value ETF) and DGRS (WisdomTree U.S. SmallCap Quality Dividend Growth Fund) are both Small Cap Value Equities funds. EPSV is actively managed, while DGRS is passively managed. Over the past year, EPSV returned 46.19% vs 25.18% for DGRS. Their correlation of 0.87 suggests significant overlap in exposure. EPSV charges 0.88%/yr vs 0.38%/yr for DGRS.

Performance

EPSV vs. DGRS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor SMID Cap Value ETF (EPSV) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPSV achieves a 26.42% return, which is significantly higher than DGRS's 13.56% return.

EPSV

• 1D: -0.04%
• 1M: 7.26%
• YTD: 26.42%
• 6M: 26.98%
• 1Y: 46.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DGRS

• 1D: -1.02%
• 1M: 0.29%
• YTD: 13.56%
• 6M: 12.71%
• 1Y: 25.18%
• 3Y*: 13.73%
• 5Y*: 5.89%
• 10Y*: 9.61%

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

EPSV vs. DGRS - Yearly Performance Comparison

	2026 (YTD)	2025
EPSV Harbor SMID Cap Value ETF	26.42%	20.91%
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	13.56%	13.42%

Correlation

The correlation between EPSV and DGRS is 0.87, 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	0.87
Correlation (All Time) Calculated using the full available price history since May 5, 2025	0.87

The correlation between EPSV and DGRS has been stable across timeframes, ranging from 0.87 to 0.87 - a consistent structural relationship.

EPSV vs. DGRS - Sectors Allocation Comparison

Sectors	EPSV	DGRS
Industrials	24.9%	19.0%
Technology	22.7%	8.7%
Financial Services	19.1%	24.8%
Real Estate	7.5%	1.7%
Energy	6.1%	12.0%
Consumer Cyclical	5.8%	16.5%
Consumer Defensive	5.0%	6.3%
Basic Materials	4.3%	7.6%
Utilities	3.7%	0.2%
Healthcare	0.9%	1.3%
Communication Services	-	2.0%

Return for Risk

EPSV vs. DGRS — Risk / Return Rank

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

EPSV

EPSV Risk / Return Rank: 83
EPSV Sharpe Ratio Rank: 81
EPSV Sortino Ratio Rank: 83
EPSV Omega Ratio Rank: 77
EPSV Calmar Ratio Rank: 88
EPSV Martin Ratio Rank: 86

DGRS

DGRS Risk / Return Rank: 44
DGRS Sharpe Ratio Rank: 40
DGRS Sortino Ratio Rank: 43
DGRS Omega Ratio Rank: 38
DGRS Calmar Ratio Rank: 52
DGRS Martin Ratio Rank: 48

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.

EPSV vs. DGRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor SMID Cap Value ETF (EPSV) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS). 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.

	EPSV	DGRS	Difference
Sharpe ratio: Return per unit of total volatility	2.62	1.41	+1.22
Sortino ratio: Return per unit of downside risk	3.68	2.19	+1.49
Omega ratio: Gain probability vs. loss probability	1.46	1.25	+0.20
Calmar ratio: Return relative to maximum drawdown	5.19	2.61	+2.58
Martin ratio: Return relative to average drawdown	18.03	8.01	+10.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPSV vs. DGRS - Sharpe Ratio Comparison

The current EPSV Sharpe Ratio is 2.62, which is higher than the DGRS Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of EPSV and DGRS, 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

	EPSV	DGRS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	1.41	+1.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.29	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.66	0.41	+2.25

Drawdowns

EPSV vs. DGRS - Drawdown Comparison

The maximum EPSV drawdown since its inception was -8.93%, smaller than the maximum DGRS drawdown of -44.83%. Use the drawdown chart below to compare losses from any high point for EPSV and DGRS.

Drawdown Indicators

	EPSV	DGRS	Difference
Max Drawdown Largest peak-to-trough decline	-8.93%	-44.83%	+35.90%
Max Drawdown (1Y) Largest decline over 1 year	-8.93%	-9.68%	+0.75%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.57%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.83%	—
Current Drawdown Current decline from peak	-0.04%	-1.78%	+1.74%
Average Drawdown Average peak-to-trough decline	-1.67%	-6.73%	+5.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	3.15%	-0.58%

Volatility

EPSV vs. DGRS - Volatility Comparison

Harbor SMID Cap Value ETF (EPSV) has a higher volatility of 6.05% compared to WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) at 4.46%. This indicates that EPSV's price experiences larger fluctuations and is considered to be riskier than DGRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPSV	DGRS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.05%	4.46%	+1.59%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	11.36%	+1.44%
Volatility (1Y) Calculated over the trailing 1-year period	17.75%	18.03%	-0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.14%	20.43%	-2.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.14%	23.63%	-5.49%

EPSV vs. DGRS - Expense Ratio Comparison

EPSV has a 0.88% expense ratio, which is higher than DGRS's 0.38% expense ratio.

Dividends

EPSV vs. DGRS - Dividend Comparison

EPSV's dividend yield for the trailing twelve months is around 2.28%, more than DGRS's 2.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	2.23%	2.68%	2.15%	2.36%	2.88%	2.19%	2.32%	2.39%	2.64%	1.90%	1.82%	2.55%
EPSV Harbor SMID Cap Value ETF	2.28%	2.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EPSV and DGRS in my portfolio?

EPSV and DGRS have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPSV or DGRS?

EPSV has higher volatility (6.05%) compared to DGRS (4.46%). In terms of maximum drawdown, EPSV dropped -8.93% vs DGRS's -44.83%.

Which ETF is better, EPSV or DGRS?

On 1-year performance, EPSV leads with 46.19% vs 25.18% for DGRS. On fees, DGRS is cheaper at 0.38% per year. On volatility, DGRS has been the lower-risk option at 4.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EPSV or DGRS?

Over the 1-year period, EPSV has performed better with a 46.19% return vs 25.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EPSV or DGRS?

DGRS is cheaper with a 0.38% expense ratio, compared with 0.88% for EPSV.

Which ETF pays a higher dividend yield, EPSV or DGRS?

EPSV has the higher dividend yield at 2.28%, compared with 2.23% for DGRS.

What is the main difference between EPSV and DGRS?

They also come from different issuers: Harbor and WisdomTree. Their fees differ too: 0.88% for EPSV and 0.38% for DGRS.

Which has better risk-adjusted returns?

EPSV currently has the higher Sharpe Ratio (2.62 vs 1.41), 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.