GGRP.L vs. DFEP.L

Last updated Jun 5, 2026

GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) and DFEP.L (WisdomTree Europe SmallCap Dividend UCITS ETF Acc) are both exchange-traded funds - GGRP.L is a Global Equities fund tracking the WisdomTree Global Developed Quality Dividend Growth, while DFEP.L is a Europe Equities fund tracking the MSCI Europe Small Cap NR EUR. Both are passively managed. Over the past 5 years, GGRP.L returned 8.60%/yr vs 5.60%/yr for DFEP.L. A 0.52 correlation means they provide meaningful diversification when combined. Both charge a 0.38% expense ratio.

Performance

GGRP.L vs. DFEP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) and WisdomTree Europe SmallCap Dividend UCITS ETF Acc (DFEP.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGRP.L achieves a 4.80% return, which is significantly lower than DFEP.L's 5.52% return.

GGRP.L

• 1D: 0.39%
• 1M: 4.76%
• YTD: 4.80%
• 6M: 5.35%
• 1Y: 16.32%
• 3Y*: 9.50%
• 5Y*: 8.60%
• 10Y*: —

DFEP.L

• 1D: 0.38%
• 1M: 2.08%
• YTD: 5.52%
• 6M: 8.87%
• 1Y: 14.29%
• 3Y*: 11.59%
• 5Y*: 5.60%
• 10Y*: —

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

GGRP.L vs. DFEP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD	4.80%	7.06%	9.85%	11.62%	-3.21%	20.07%	13.17%	29.78%	-5.75%	13.25%
DFEP.L WisdomTree Europe SmallCap Dividend UCITS ETF Acc	5.52%	23.13%	0.87%	8.16%	-10.61%	19.71%	0.53%	22.97%	-16.87%	16.78%

Correlation

The correlation between GGRP.L and DFEP.L is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Feb 20, 2017	0.52

The correlation between GGRP.L and DFEP.L shifts across timeframes, from 0.52 (all time) to 0.62 (5 years), reflecting how their relationship changes across market environments.

GGRP.L vs. DFEP.L - Sectors Allocation Comparison

Sectors	GGRP.L	DFEP.L
Technology	21.6%	8.1%
Industrials	18.8%	29.4%
Healthcare	15.7%	6.2%
Consumer Cyclical	15.4%	14.5%
Communication Services	8.6%	5.4%
Financial Services	8.4%	10.1%
Consumer Defensive	7.2%	4.8%
Basic Materials	3.7%	6.7%
Utilities	0.4%	2.4%
Real Estate	0.2%	7.3%
Energy	0.0%	5.3%

Return for Risk

GGRP.L vs. DFEP.L — Risk / Return Rank

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

GGRP.L

GGRP.L Risk / Return Rank: 46
GGRP.L Sharpe Ratio Rank: 47
GGRP.L Sortino Ratio Rank: 49
GGRP.L Omega Ratio Rank: 48
GGRP.L Calmar Ratio Rank: 40
GGRP.L Martin Ratio Rank: 45

DFEP.L

DFEP.L Risk / Return Rank: 32
DFEP.L Sharpe Ratio Rank: 32
DFEP.L Sortino Ratio Rank: 31
DFEP.L Omega Ratio Rank: 33
DFEP.L Calmar Ratio Rank: 29
DFEP.L Martin Ratio Rank: 33

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.

GGRP.L vs. DFEP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) and WisdomTree Europe SmallCap Dividend UCITS ETF Acc (DFEP.L). 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.

	GGRP.L	DFEP.L	Difference
Sharpe ratio: Return per unit of total volatility	1.60	1.14	+0.46
Sortino ratio: Return per unit of downside risk	2.39	1.66	+0.72
Omega ratio: Gain probability vs. loss probability	1.30	1.22	+0.08
Calmar ratio: Return relative to maximum drawdown	1.89	1.38	+0.51
Martin ratio: Return relative to average drawdown	7.20	4.81	+2.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGRP.L vs. DFEP.L - Sharpe Ratio Comparison

The current GGRP.L Sharpe Ratio is 1.60, which is higher than the DFEP.L Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of GGRP.L and DFEP.L, 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

	GGRP.L	DFEP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	1.14	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.34	+0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.46	+0.44

Drawdowns

GGRP.L vs. DFEP.L - Drawdown Comparison

The maximum GGRP.L drawdown since its inception was -22.60%, smaller than the maximum DFEP.L drawdown of -38.39%. Use the drawdown chart below to compare losses from any high point for GGRP.L and DFEP.L.

Drawdown Indicators

	GGRP.L	DFEP.L	Difference
Max Drawdown Largest peak-to-trough decline	-22.60%	-38.39%	+15.79%
Max Drawdown (1Y) Largest decline over 1 year	-8.59%	-10.34%	+1.75%
Max Drawdown (3Y) Largest decline over 3 years	-16.46%	-16.89%	+0.43%
Max Drawdown (5Y) Largest decline over 5 years	-16.46%	-23.38%	+6.92%
Current Drawdown Current decline from peak	0.00%	-2.06%	+2.06%
Average Drawdown Average peak-to-trough decline	-2.93%	-7.05%	+4.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	2.97%	-0.71%

Volatility

GGRP.L vs. DFEP.L - Volatility Comparison

The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) is 3.00%, while WisdomTree Europe SmallCap Dividend UCITS ETF Acc (DFEP.L) has a volatility of 3.55%. This indicates that GGRP.L experiences smaller price fluctuations and is considered to be less risky than DFEP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGRP.L	DFEP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.00%	3.55%	-0.55%
Volatility (6M) Calculated over the trailing 6-month period	8.07%	10.26%	-2.19%
Volatility (1Y) Calculated over the trailing 1-year period	10.17%	12.50%	-2.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.07%	16.62%	-4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.35%	16.23%	-0.88%

GGRP.L vs. DFEP.L - Expense Ratio Comparison

Both GGRP.L and DFEP.L have an expense ratio of 0.38%.

Dividends

GGRP.L vs. DFEP.L - Dividend Comparison

GGRP.L's dividend yield for the trailing twelve months is around 0.01%, while DFEP.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFEP.L WisdomTree Europe SmallCap Dividend UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD	0.01%	0.01%	0.54%	1.86%	2.42%	1.60%	1.46%	1.88%	2.13%	1.41%

Frequently Asked Questions

Can I hold both GGRP.L and DFEP.L in my portfolio?

GGRP.L and DFEP.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGRP.L or DFEP.L?

Both ETFs have the same 0.38% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGRP.L or DFEP.L?

GGRP.L and DFEP.L have the same expense ratio: 0.38% per year.

What is the main difference between GGRP.L and DFEP.L?

GGRP.L is categorized as Global Equities, while DFEP.L is Europe Equities. GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth, while DFEP.L tracks MSCI Europe Small Cap NR EUR.