FDV vs. DGRW

Last updated Aug 2, 2026

FDV (Federated Hermes U.S. Strategic Dividend ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - FDV is a Large Cap Value Equities fund actively managed by Federated, while DGRW is a Quality Factor fund tracking the WisdomTree U.S. Quality Dividend Growth Index. FDV is actively managed, while DGRW is passively managed. Their -0.05 correlation means they have often moved in opposite directions in the past. FDV charges 0.50%/yr vs 0.28%/yr for DGRW.

Performance

FDV vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes U.S. Strategic Dividend ETF (FDV) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FDV

• 1D: -0.11%
• 1M: 2.68%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DGRW

• 1D: 0.49%
• 1M: 0.69%
• 6M: 6.01%
• YTD: 8.57%
• 1Y: 16.02%
• 3Y*: 13.97%
• 5Y*: 11.41%
• 10Y*: 13.71%
• ALL TIME*: 12.94%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DGRW WisdomTree U.S. Quality Dividend Growth Fund	$51.03M	$48.50M	$56.54M
FDV Federated Hermes U.S. Strategic Dividend ETF	$6.37M	$5.52M	$4.30M

FDV vs. DGRW - Yearly Performance Comparison

	2026 (YTD)
FDV Federated Hermes U.S. Strategic Dividend ETF	5.51%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	0.82%

Correlation

The correlation between FDV and DGRW is -0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 22, 2026	-0.05

FDV vs. DGRW - Sectors Allocation Comparison

Sectors	FDV	DGRW
Utilities	16.1%	0.2%
Healthcare	14.7%	12.8%
Financial Services	14.4%	8.4%
Consumer Defensive	13.3%	6.7%
Technology	9.5%	33.8%
Real Estate	9.5%	-
Energy	8.7%	4.5%
Consumer Cyclical	7.8%	8.0%
Industrials	2.7%	11.8%
Communication Services	1.8%	11.1%
Basic Materials	1.4%	2.8%

Return for Risk

FDV vs. DGRW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DGRW

DGRW Risk / Return Rank: 59
DGRW Sharpe Ratio Rank: 62
DGRW Sortino Ratio Rank: 61
DGRW Omega Ratio Rank: 62
DGRW Calmar Ratio Rank: 51
DGRW Martin Ratio Rank: 61

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDV vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes U.S. Strategic Dividend ETF (FDV) 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.

	FDV	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	—	1.43	—
Sortino ratio: Return per unit of downside risk	—	2.04	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	1.79	—
Martin ratio: Return relative to average drawdown	—	7.25	—

Drawdowns

FDV vs. DGRW - Drawdown Comparison

The maximum FDV drawdown since its inception was -3.33%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for FDV and DGRW.

Drawdown Indicators

	FDV	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-3.33%	-32.04%	+28.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-1.54%	-1.31%	-0.23%
Average Drawdown Average peak-to-trough decline	-0.96%	-3.00%	+2.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.05%	—

Volatility

Volatility by Period

	FDV	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.81%	10.44%	+3.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.81%	14.01%	-0.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.81%	16.18%	-2.37%

FDV vs. DGRW - Expense Ratio Comparison

FDV has a 0.50% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

FDV vs. DGRW - Dividend Comparison

FDV's dividend yield for the trailing twelve months is around 0.78%, less than DGRW's 1.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.28%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
FDV Federated Hermes U.S. Strategic Dividend ETF	0.78%	0.00%	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 FDV and DGRW in my portfolio?

FDV and DGRW have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDV or DGRW?

On fees, DGRW is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDV or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.50% for FDV.

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

DGRW has the higher dividend yield at 1.28%, compared with 0.78% for FDV.

What is the main difference between FDV and DGRW?

FDV is categorized as Large Cap Value Equities, while DGRW is Quality Factor. They also come from different issuers: Federated and WisdomTree. Their fees differ too: 0.50% for FDV and 0.28% for DGRW.