GRW vs. DLN

Last updated Aug 2, 2026

GRW (TCW Durable Growth ETF) and DLN (WisdomTree U.S. LargeCap Dividend Fund) are both exchange-traded funds - GRW is a Large Cap Growth Equities fund actively managed by TCW, while DLN is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Dividend Index. GRW is actively managed, while DLN is passively managed. Their 0.42 correlation means their historical movements had little consistent relationship. GRW charges 0.75%/yr vs 0.28%/yr for DLN.

Performance

GRW vs. DLN - Performance Comparison

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

Returns By Period

GRW

• 1D: 1.13%
• 1M: -1.32%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DLN

• 1D: 0.27%
• 1M: 1.58%
• 6M: 9.25%
• YTD: 13.03%
• 1Y: 21.73%
• 3Y*: 17.15%
• 5Y*: 12.42%
• 10Y*: 12.60%
• ALL TIME*: 9.86%

*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)
DLN WisdomTree U.S. LargeCap Dividend Fund	$9.42M	$12.19M	$12.33M
GRW TCW Durable Growth ETF	$173.33K	$124.39K	$212.92K

GRW vs. DLN - Yearly Performance Comparison

	2026 (YTD)
GRW TCW Durable Growth ETF	2.98%
DLN WisdomTree U.S. LargeCap Dividend Fund	3.14%

Correlation

The correlation between GRW and DLN is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.42

GRW vs. DLN - Sectors Allocation Comparison

Sectors	GRW	DLN
Industrials	41.5%	8.0%
Technology	26.9%	21.6%
Financial Services	8.8%	17.7%
Communication Services	7.9%	7.7%
Consumer Cyclical	7.5%	4.9%
Basic Materials	3.9%	1.0%
Healthcare	3.7%	13.4%
Consumer Defensive	-	9.0%
Energy	-	7.0%
Real Estate	-	3.9%
Utilities	-	5.7%

Return for Risk

GRW vs. DLN — Risk / Return Rank

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

GRW

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

DLN

DLN Risk / Return Rank: 90
DLN Sharpe Ratio Rank: 91
DLN Sortino Ratio Rank: 91
DLN Omega Ratio Rank: 90
DLN Calmar Ratio Rank: 87
DLN Martin Ratio Rank: 90

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.

GRW vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Durable Growth ETF (GRW) 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.

	GRW	DLN	Difference
Sharpe ratio: Return per unit of total volatility	—	2.31	—
Sortino ratio: Return per unit of downside risk	—	3.28	—
Omega ratio: Gain probability vs. loss probability	—	1.42	—
Calmar ratio: Return relative to maximum drawdown	—	3.41	—
Martin ratio: Return relative to average drawdown	—	14.33	—

Drawdowns

GRW vs. DLN - Drawdown Comparison

The maximum GRW drawdown since its inception was -4.12%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for GRW and DLN.

Drawdown Indicators

	GRW	DLN	Difference
Max Drawdown Largest peak-to-trough decline	-4.12%	-57.84%	+53.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.10%	—
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	-1.85%	-0.43%	-1.42%
Average Drawdown Average peak-to-trough decline	-1.73%	-7.47%	+5.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.45%	—

Volatility

Volatility by Period

	GRW	DLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.72%	9.03%	+6.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.72%	13.24%	+2.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.72%	16.12%	-0.40%

GRW vs. DLN - Expense Ratio Comparison

GRW has a 0.75% expense ratio, which is higher than DLN's 0.28% expense ratio.

Dividends

GRW vs. DLN - Dividend Comparison

GRW has not paid dividends to shareholders, while DLN's dividend yield for the trailing twelve months is around 1.75%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLN WisdomTree U.S. LargeCap Dividend Fund	1.75%	1.90%	2.00%	2.43%	2.53%	2.01%	2.66%	2.51%	2.90%	2.33%	2.64%	2.80%
GRW TCW Durable Growth ETF	0.00%	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 GRW and DLN in my portfolio?

GRW and DLN have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GRW or DLN?

On fees, DLN 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, GRW or DLN?

DLN is cheaper with a 0.28% expense ratio, compared with 0.75% for GRW.

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

DLN has the higher dividend yield at 1.75%, compared with 0.00% for GRW.

What is the main difference between GRW and DLN?

GRW is categorized as Large Cap Growth Equities, while DLN is Large Cap Value Equities. They also come from different issuers: TCW and WisdomTree. Their fees differ too: 0.75% for GRW and 0.28% for DLN.