HIDV vs. DGRW
HIDV (AB US High Dividend ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - HIDV is a Large Cap Value Equities fund actively managed by AllianceBernstein, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. HIDV is actively managed, while DGRW is passively managed. Over the past 3 years, HIDV returned 20.71%/yr vs 15.12%/yr for DGRW. Their correlation of 0.92 suggests significant overlap in exposure. HIDV charges 0.45%/yr vs 0.28%/yr for DGRW.
Performance
HIDV vs. DGRW - Performance Comparison
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Returns By Period
In the year-to-date period, HIDV achieves a 9.11% return, which is significantly higher than DGRW's 6.42% return.
HIDV
- 1D
- 0.34%
- 1M
- -1.50%
- YTD
- 9.11%
- 6M
- 7.94%
- 1Y
- 23.91%
- 3Y*
- 20.71%
- 5Y*
- —
- 10Y*
- —
DGRW
- 1D
- 0.12%
- 1M
- -1.61%
- YTD
- 6.42%
- 6M
- 5.33%
- 1Y
- 16.36%
- 3Y*
- 15.12%
- 5Y*
- 11.70%
- 10Y*
- 14.37%
HIDV vs. DGRW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HIDV AB US High Dividend ETF | 9.11% | 14.64% | 26.01% | 20.30% |
DGRW WisdomTree U.S. Quality Dividend Growth Fund | 6.42% | 12.17% | 16.98% | 17.10% |
Correlation
The correlation between HIDV and DGRW is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2023 | 0.92 |
The correlation between HIDV and DGRW has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
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Return for Risk
HIDV vs. DGRW — Risk / Return Rank
HIDV
DGRW
HIDV vs. DGRW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US High Dividend ETF (HIDV) 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.
| HIDV | DGRW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.30 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 1.98 | +0.53 |
| Martin ratioReturn relative to average drawdown | 10.69 | 8.32 | +2.37 |
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Drawdowns
HIDV vs. DGRW - Drawdown Comparison
The maximum HIDV drawdown since its inception was -18.76%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for HIDV and DGRW.
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Drawdown Indicators
| HIDV | DGRW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.76% | -32.04% | +13.28% |
Max Drawdown (1Y)Largest decline over 1 year | -9.57% | -8.30% | -1.27% |
Max Drawdown (3Y)Largest decline over 3 years | -18.76% | -16.21% | -2.55% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.27% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.04% | — |
Current DrawdownCurrent decline from peak | -2.60% | -3.26% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -3.01% | +0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 1.97% | +0.27% |
Volatility
HIDV vs. DGRW - Volatility Comparison
AB US High Dividend ETF (HIDV) has a higher volatility of 4.04% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 3.73%. This indicates that HIDV's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIDV | DGRW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.04% | 3.73% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 9.53% | 8.22% | +1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.23% | 10.26% | +1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.56% | 14.01% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.56% | 16.20% | -1.64% |
HIDV vs. DGRW - Expense Ratio Comparison
HIDV has a 0.45% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Dividends
HIDV vs. DGRW - Dividend Comparison
HIDV's dividend yield for the trailing twelve months is around 2.37%, 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% |
HIDV AB US High Dividend ETF | 2.37% | 2.22% | 2.29% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.90, HIDV and DGRW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
HIDV has higher volatility (4.04%) compared to DGRW (3.73%). In terms of maximum drawdown, HIDV dropped -18.76% vs DGRW's -32.04%.
On 3-year performance, HIDV leads with 20.71% vs 15.12% for DGRW. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 3.73%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, HIDV has performed better with a 20.71% return vs 15.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DGRW is cheaper with a 0.28% expense ratio, compared with 0.45% for HIDV.
HIDV has the higher dividend yield at 2.37%, compared with 1.29% for DGRW.
HIDV is categorized as Large Cap Value Equities, while DGRW is Dividend. They also come from different issuers: AllianceBernstein and WisdomTree. Their fees differ too: 0.45% for HIDV and 0.28% for DGRW.
HIDV currently has the higher Sharpe Ratio (1.97 vs 1.60), 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.
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