GQGU vs. TDVG

Last updated Jul 12, 2026

GQGU (GQG US Equity ETF) and TDVG (T. Rowe Price Dividend Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. GQGU charges 0.49%/yr vs 0.50%/yr for TDVG.

Performance

GQGU vs. TDVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG US Equity ETF (GQGU) and T. Rowe Price Dividend Growth ETF (TDVG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQGU achieves a 5.80% return, which is significantly lower than TDVG's 10.73% return.

GQGU

• 1D: 0.60%
• 1M: -0.56%
• 6M: 6.22%
• YTD: 5.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDVG

• 1D: 0.26%
• 1M: 2.16%
• 6M: 8.49%
• YTD: 10.73%
• 1Y: 17.92%
• 3Y*: 15.66%
• 5Y*: 10.25%
• 10Y*: —

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

GQGU vs. TDVG - Yearly Performance Comparison

	2026 (YTD)	2025
GQGU GQG US Equity ETF	5.80%	-1.12%
TDVG T. Rowe Price Dividend Growth ETF	10.73%	6.50%

Correlation

The correlation between GQGU and TDVG is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	0.19

Return for Risk

GQGU vs. TDVG — Risk / Return Rank

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

GQGU

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

TDVG

TDVG Risk / Return Rank: 67
TDVG Sharpe Ratio Rank: 69
TDVG Sortino Ratio Rank: 71
TDVG Omega Ratio Rank: 67
TDVG Calmar Ratio Rank: 60
TDVG Martin Ratio Rank: 68

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.

GQGU vs. TDVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG US Equity ETF (GQGU) and T. Rowe Price Dividend Growth ETF (TDVG). 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.

	GQGU	TDVG	Difference
Sharpe ratio: Return per unit of total volatility	—	1.79	—
Sortino ratio: Return per unit of downside risk	—	2.57	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	2.40	—
Martin ratio: Return relative to average drawdown	—	9.88	—

Drawdowns

GQGU vs. TDVG - Drawdown Comparison

The maximum GQGU drawdown since its inception was -8.41%, smaller than the maximum TDVG drawdown of -19.20%. Use the drawdown chart below to compare losses from any high point for GQGU and TDVG.

Drawdown Indicators

	GQGU	TDVG	Difference
Max Drawdown Largest peak-to-trough decline	-8.41%	-19.20%	+10.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.02%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.20%	—
Current Drawdown Current decline from peak	-5.37%	-0.06%	-5.31%
Average Drawdown Average peak-to-trough decline	-2.87%	-3.70%	+0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.75%	—

Volatility

Volatility by Period

	GQGU	TDVG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.76%	9.71%	+1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.76%	13.90%	-3.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.76%	13.85%	-3.09%

GQGU vs. TDVG - Expense Ratio Comparison

GQGU has a 0.49% expense ratio, which is lower than TDVG's 0.50% expense ratio.

Dividends

GQGU vs. TDVG - Dividend Comparison

GQGU's dividend yield for the trailing twelve months is around 0.96%, less than TDVG's 0.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GQGU GQG US Equity ETF	0.96%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%
TDVG T. Rowe Price Dividend Growth ETF	0.97%	1.00%	1.06%	1.31%	1.15%	0.80%	0.40%

Frequently Asked Questions

Can I hold both GQGU and TDVG in my portfolio?

GQGU and TDVG have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GQGU or TDVG?

On fees, GQGU is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GQGU or TDVG?

GQGU is cheaper with a 0.49% expense ratio, compared with 0.50% for TDVG.

Which ETF pays a higher dividend yield, GQGU or TDVG?

TDVG has the higher dividend yield at 0.97%, compared with 0.96% for GQGU.

What is the main difference between GQGU and TDVG?

They also come from different issuers: GQG Partners and T. Rowe Price. Their fees differ too: 0.49% for GQGU and 0.50% for TDVG.