GARP vs. QGRW

Last updated Jun 9, 2026

GARP (iShares MSCI USA Quality GARP ETF) and QGRW (WisdomTree U.S. Quality Growth Fund) are both Large Cap Growth Equities funds - GARP tracks the MSCI USA Quality GARP Select Index while QGRW tracks the WisdomTree U.S. Quality Growth Index. Both are passively managed. Over the past 3 years, GARP returned 32.09%/yr vs 27.65%/yr for QGRW. With a 0.96 correlation, they move nearly in lockstep. GARP charges 0.15%/yr vs 0.28%/yr for QGRW.

Performance

GARP vs. QGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Quality GARP ETF (GARP) 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, GARP achieves a 17.00% return, which is significantly higher than QGRW's 11.27% return.

GARP

• 1D: 1.23%
• 1M: 3.36%
• YTD: 17.00%
• 6M: 16.58%
• 1Y: 37.42%
• 3Y*: 32.09%
• 5Y*: 19.24%
• 10Y*: —

QGRW

• 1D: 0.87%
• 1M: 0.59%
• YTD: 11.27%
• 6M: 10.05%
• 1Y: 29.71%
• 3Y*: 27.65%
• 5Y*: —
• 10Y*: —

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

GARP vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GARP iShares MSCI USA Quality GARP ETF	17.00%	21.49%	37.42%	42.86%	-3.33%
QGRW WisdomTree U.S. Quality Growth Fund	11.27%	19.20%	34.85%	56.05%	-3.30%

Correlation

The correlation between GARP and QGRW is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Dec 16, 2022	0.96

The correlation between GARP and QGRW has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

GARP vs. QGRW - Sectors Allocation Comparison

Sectors	GARP	QGRW
Technology	56.7%	52.1%
Communication Services	12.0%	17.8%
Financial Services	7.5%	4.1%
Industrials	6.9%	8.0%
Consumer Cyclical	6.1%	12.4%
Healthcare	5.4%	4.3%
Energy	2.7%	0.6%
Utilities	1.4%	0.4%
Basic Materials	0.9%	-
Real Estate	0.4%	-
Consumer Defensive	-	0.5%

Return for Risk

GARP vs. QGRW — Risk / Return Rank

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

GARP

GARP Risk / Return Rank: 65
GARP Sharpe Ratio Rank: 69
GARP Sortino Ratio Rank: 63
GARP Omega Ratio Rank: 64
GARP Calmar Ratio Rank: 61
GARP Martin Ratio Rank: 66

QGRW

QGRW Risk / Return Rank: 50
QGRW Sharpe Ratio Rank: 54
QGRW Sortino Ratio Rank: 50
QGRW Omega Ratio Rank: 52
QGRW Calmar Ratio Rank: 43
QGRW Martin Ratio Rank: 49

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.

GARP vs. QGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Quality GARP ETF (GARP) 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.

	GARP	QGRW	Difference
Sharpe ratio: Return per unit of total volatility	2.04	1.66	+0.38
Sortino ratio: Return per unit of downside risk	2.64	2.22	+0.42
Omega ratio: Gain probability vs. loss probability	1.35	1.29	+0.05
Calmar ratio: Return relative to maximum drawdown	2.75	1.93	+0.81
Martin ratio: Return relative to average drawdown	10.94	7.51	+3.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GARP vs. QGRW - Sharpe Ratio Comparison

The current GARP Sharpe Ratio is 2.04, which is comparable to the QGRW Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of GARP 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

	GARP	QGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	1.66	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	1.57	-0.71

Drawdowns

GARP vs. QGRW - Drawdown Comparison

The maximum GARP drawdown since its inception was -31.34%, which is greater than QGRW's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for GARP and QGRW.

Drawdown Indicators

	GARP	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-31.34%	-24.40%	-6.94%
Max Drawdown (1Y) Largest decline over 1 year	-13.69%	-15.44%	+1.75%
Max Drawdown (3Y) Largest decline over 3 years	-23.73%	-24.40%	+0.67%
Max Drawdown (5Y) Largest decline over 5 years	-30.61%	—	—
Current Drawdown Current decline from peak	-4.24%	-4.88%	+0.64%
Average Drawdown Average peak-to-trough decline	-7.36%	-3.26%	-4.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	3.97%	-0.54%

Volatility

GARP vs. QGRW - Volatility Comparison

iShares MSCI USA Quality GARP ETF (GARP) and WisdomTree U.S. Quality Growth Fund (QGRW) have volatilities of 6.79% and 6.50%, 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

	GARP	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.79%	6.50%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	14.70%	14.46%	+0.24%
Volatility (1Y) Calculated over the trailing 1-year period	18.47%	17.99%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.06%	21.19%	+0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.94%	21.19%	+2.75%

GARP vs. QGRW - Expense Ratio Comparison

GARP has a 0.15% expense ratio, which is lower than QGRW's 0.28% expense ratio.

Dividends

GARP vs. QGRW - Dividend Comparison

GARP's dividend yield for the trailing twelve months is around 0.26%, more than QGRW's 0.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GARP iShares MSCI USA Quality GARP ETF	0.26%	0.31%	0.38%	0.75%	1.85%	0.67%	0.75%
QGRW WisdomTree U.S. Quality Growth Fund	0.08%	0.09%	0.14%	0.11%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GARP and QGRW in my portfolio?

With a correlation of 0.94, GARP and QGRW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GARP or QGRW?

GARP has higher volatility (6.79%) compared to QGRW (6.50%). In terms of maximum drawdown, GARP dropped -31.34% vs QGRW's -24.40%.

Which ETF is better, GARP or QGRW?

On 3-year performance, GARP leads with 32.09% vs 27.65% for QGRW. On fees, GARP is cheaper at 0.15% per year. On volatility, QGRW has been the lower-risk option at 6.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GARP or QGRW?

Over the 3-year period, GARP has performed better with a 32.09% return vs 27.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GARP or QGRW?

GARP is cheaper with a 0.15% expense ratio, compared with 0.28% for QGRW.

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

GARP has the higher dividend yield at 0.26%, compared with 0.08% for QGRW.

What is the main difference between GARP and QGRW?

GARP tracks MSCI USA Quality GARP Select Index, while QGRW tracks WisdomTree U.S. Quality Growth Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.15% for GARP and 0.28% for QGRW.

Which has better risk-adjusted returns?

GARP currently has the higher Sharpe Ratio (2.04 vs 1.66), 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.