GROZ vs. DLN

Last updated Jun 25, 2026

GROZ (Zacks Focus Growth ETF) and DLN (WisdomTree U.S. LargeCap Dividend Fund) are both exchange-traded funds - GROZ is a Large Cap Growth Equities fund actively managed by Zacks, while DLN is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Dividend Index. GROZ is actively managed, while DLN is passively managed. Over the past year, GROZ returned 20.84% vs 20.43% for DLN. A 0.58 correlation means they provide meaningful diversification when combined. GROZ charges 0.56%/yr vs 0.28%/yr for DLN.

Performance

GROZ vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zacks Focus Growth ETF (GROZ) and WisdomTree U.S. LargeCap Dividend Fund (DLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GROZ achieves a 4.53% return, which is significantly lower than DLN's 9.74% return.

GROZ

• 1D: -0.35%
• 1M: -2.17%
• YTD: 4.53%
• 6M: 2.66%
• 1Y: 20.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DLN

• 1D: -0.19%
• 1M: -0.14%
• YTD: 9.74%
• 6M: 8.74%
• 1Y: 20.43%
• 3Y*: 18.05%
• 5Y*: 12.34%
• 10Y*: 12.83%

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

GROZ vs. DLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GROZ Zacks Focus Growth ETF	4.53%	20.28%	-1.80%
DLN WisdomTree U.S. LargeCap Dividend Fund	9.74%	15.53%	-4.24%

Correlation

The correlation between GROZ and DLN is 0.55, 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	0.55
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024	0.58

The correlation between GROZ and DLN has been stable across timeframes, ranging from 0.55 to 0.58 - a consistent structural relationship.

Return for Risk

GROZ vs. DLN — Risk / Return Rank

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

GROZ

GROZ Risk / Return Rank: 39
GROZ Sharpe Ratio Rank: 42
GROZ Sortino Ratio Rank: 41
GROZ Omega Ratio Rank: 39
GROZ Calmar Ratio Rank: 33
GROZ Martin Ratio Rank: 39

DLN

DLN Risk / Return Rank: 79
DLN Sharpe Ratio Rank: 80
DLN Sortino Ratio Rank: 82
DLN Omega Ratio Rank: 78
DLN Calmar Ratio Rank: 74
DLN Martin Ratio Rank: 80

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.

GROZ vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zacks Focus Growth ETF (GROZ) and WisdomTree U.S. LargeCap Dividend Fund (DLN). 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.

	GROZ	DLN	Difference
Sharpe ratio: Return per unit of total volatility	1.33	2.28	-0.95
Sortino ratio: Return per unit of downside risk	1.88	3.26	-1.38
Omega ratio: Gain probability vs. loss probability	1.23	1.41	-0.18
Calmar ratio: Return relative to maximum drawdown	1.53	3.37	-1.83
Martin ratio: Return relative to average drawdown	5.54	14.09	-8.56

GROZ vs. DLN - Sharpe Ratio Comparison

The current GROZ Sharpe Ratio is 1.33, which is lower than the DLN Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of GROZ and DLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GROZ vs. DLN - Drawdown Comparison

The maximum GROZ drawdown since its inception was -23.33%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for GROZ and DLN.

Drawdown Indicators

	GROZ	DLN	Difference
Max Drawdown Largest peak-to-trough decline	-23.33%	-57.84%	+34.51%
Max Drawdown (1Y) Largest decline over 1 year	-13.67%	-6.10%	-7.57%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.26%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.82%	—
Current Drawdown Current decline from peak	-4.74%	-1.31%	-3.43%
Average Drawdown Average peak-to-trough decline	-4.02%	-7.50%	+3.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.77%	1.45%	+2.32%

Volatility

GROZ vs. DLN - Volatility Comparison

Zacks Focus Growth ETF (GROZ) has a higher volatility of 5.24% compared to WisdomTree U.S. LargeCap Dividend Fund (DLN) at 2.70%. This indicates that GROZ's price experiences larger fluctuations and is considered to be riskier than DLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GROZ	DLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.24%	2.70%	+2.54%
Volatility (6M) Calculated over the trailing 6-month period	11.90%	6.99%	+4.91%
Volatility (1Y) Calculated over the trailing 1-year period	15.77%	9.01%	+6.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.88%	13.26%	+8.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.88%	16.14%	+5.74%

GROZ vs. DLN - Expense Ratio Comparison

GROZ has a 0.56% expense ratio, which is higher than DLN's 0.28% expense ratio.

Dividends

GROZ vs. DLN - Dividend Comparison

GROZ's dividend yield for the trailing twelve months is around 0.04%, less than DLN's 1.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLN WisdomTree U.S. LargeCap Dividend Fund	1.80%	1.90%	2.00%	2.43%	2.53%	2.01%	2.66%	2.51%	2.90%	2.33%	2.64%	2.80%
GROZ Zacks Focus Growth ETF	0.04%	0.04%	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 GROZ and DLN in my portfolio?

GROZ and DLN have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GROZ or DLN?

GROZ has higher volatility (5.24%) compared to DLN (2.70%). In terms of maximum drawdown, GROZ dropped -23.33% vs DLN's -57.84%.

Which ETF is better, GROZ or DLN?

On 1-year performance, GROZ leads with 20.84% vs 20.43% for DLN. On fees, DLN is cheaper at 0.28% per year. On volatility, DLN has been the lower-risk option at 2.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GROZ or DLN?

Over the 1-year period, GROZ has performed better with a 20.84% return vs 20.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GROZ or DLN?

DLN is cheaper with a 0.28% expense ratio, compared with 0.56% for GROZ.

Which ETF pays a higher dividend yield, GROZ or DLN?

DLN has the higher dividend yield at 1.80%, compared with 0.04% for GROZ.

What is the main difference between GROZ and DLN?

GROZ is categorized as Large Cap Growth Equities, while DLN is Large Cap Value Equities. They also come from different issuers: Zacks and WisdomTree. Their fees differ too: 0.56% for GROZ and 0.28% for DLN.

Which has better risk-adjusted returns?

DLN currently has the higher Sharpe Ratio (2.28 vs 1.33), 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.