HHDVX vs. DGRW

Last updated Jun 23, 2026

HHDVX (Hamlin High Dividend Equity Fund) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both funds - HHDVX is a Large Cap Value Equities fund managed by Hamlin Funds, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Over the past 10 years, HHDVX returned 11.68%/yr vs 14.25%/yr for DGRW. Their correlation of 0.87 suggests significant overlap in exposure. HHDVX charges 1.15%/yr vs 0.28%/yr for DGRW.

Performance

HHDVX vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hamlin High Dividend Equity Fund (HHDVX) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HHDVX achieves a 11.05% return, which is significantly higher than DGRW's 7.35% return. Over the past 10 years, HHDVX has underperformed DGRW with an annualized return of 11.68%, while DGRW has yielded a comparatively higher 14.25% annualized return.

HHDVX

• 1D: 0.55%
• 1M: 1.12%
• YTD: 11.05%
• 6M: 9.88%
• 1Y: 17.88%
• 3Y*: 16.79%
• 5Y*: 12.48%
• 10Y*: 11.68%

DGRW

• 1D: -0.32%
• 1M: -0.70%
• YTD: 7.35%
• 6M: 7.02%
• 1Y: 18.84%
• 3Y*: 15.46%
• 5Y*: 12.16%
• 10Y*: 14.25%

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

HHDVX vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HHDVX Hamlin High Dividend Equity Fund	11.05%	7.83%	23.92%	13.34%	-4.85%	30.88%	4.39%	21.84%	-7.91%	13.55%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	7.35%	12.17%	16.98%	18.66%	-6.33%	24.46%	13.87%	29.54%	-5.38%	26.90%

Correlation

The correlation between HHDVX and DGRW is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since May 22, 2013	0.87

The correlation between HHDVX and DGRW shifts across timeframes, from 0.74 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

HHDVX vs. DGRW — Risk / Return Rank

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

HHDVX

HHDVX Risk / Return Rank: 42
HHDVX Sharpe Ratio Rank: 42
HHDVX Sortino Ratio Rank: 44
HHDVX Omega Ratio Rank: 38
HHDVX Calmar Ratio Rank: 46
HHDVX Martin Ratio Rank: 39

DGRW

DGRW Risk / Return Rank: 55
DGRW Sharpe Ratio Rank: 57
DGRW Sortino Ratio Rank: 57
DGRW Omega Ratio Rank: 57
DGRW Calmar Ratio Rank: 47
DGRW Martin Ratio Rank: 57

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.

HHDVX vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamlin High Dividend Equity Fund (HHDVX) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). 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.

	HHDVX	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.76	1.85	-0.09
Sortino ratio: Return per unit of downside risk	2.57	2.63	-0.06
Omega ratio: Gain probability vs. loss probability	1.31	1.34	-0.04
Calmar ratio: Return relative to maximum drawdown	2.49	2.28	+0.21
Martin ratio: Return relative to average drawdown	7.95	9.75	-1.79

HHDVX vs. DGRW - Sharpe Ratio Comparison

The current HHDVX Sharpe Ratio is 1.76, which is comparable to the DGRW Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of HHDVX and DGRW, 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

HHDVX vs. DGRW - Drawdown Comparison

The maximum HHDVX drawdown since its inception was -36.13%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for HHDVX and DGRW.

Drawdown Indicators

	HHDVX	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-36.13%	-32.04%	-4.09%
Max Drawdown (1Y) Largest decline over 1 year	-7.28%	-8.30%	+1.02%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	-16.21%	+1.92%
Max Drawdown (5Y) Largest decline over 5 years	-16.67%	-17.27%	+0.60%
Max Drawdown (10Y) Largest decline over 10 years	-36.13%	-32.04%	-4.09%
Current Drawdown Current decline from peak	-0.30%	-2.42%	+2.12%
Average Drawdown Average peak-to-trough decline	-3.62%	-3.01%	-0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.27%	1.94%	+0.33%

Volatility

HHDVX vs. DGRW - Volatility Comparison

The current volatility for Hamlin High Dividend Equity Fund (HHDVX) is 2.86%, while WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has a volatility of 3.64%. This indicates that HHDVX experiences smaller price fluctuations and is considered to be less risky than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HHDVX	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	3.64%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	7.55%	8.21%	-0.66%
Volatility (1Y) Calculated over the trailing 1-year period	10.33%	10.27%	+0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	14.01%	+0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.52%	16.24%	+0.28%

HHDVX vs. DGRW - Expense Ratio Comparison

HHDVX has a 1.15% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

HHDVX vs. DGRW - Dividend Comparison

HHDVX's dividend yield for the trailing twelve months is around 3.86%, more than DGRW's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.29%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
HHDVX Hamlin High Dividend Equity Fund	3.86%	4.28%	9.40%	1.84%	2.88%	4.11%	2.99%	2.52%	8.93%	1.76%	2.36%	2.57%

Frequently Asked Questions

Can I hold both HHDVX and DGRW in my portfolio?

HHDVX and DGRW have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HHDVX or DGRW?

DGRW has higher volatility (3.64%) compared to HHDVX (2.86%). In terms of maximum drawdown, HHDVX dropped -36.13% vs DGRW's -32.04%.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (1.85 vs 1.76), 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.