Correlation
The correlation between HIDV and DGRW is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
HIDV vs. DGRW
Compare and contrast key facts about AB US High Dividend ETF (HIDV) and WisdomTree U.S. Dividend Growth Fund (DGRW).
HIDV and DGRW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIDV is an actively managed fund by AB Funds. It was launched on Mar 21, 2023. DGRW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. Dividend Growth Index. It was launched on May 22, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HIDV or DGRW.
Performance
HIDV vs. DGRW - Performance Comparison
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Key characteristics
HIDV:
0.58
DGRW:
0.56
HIDV:
0.87
DGRW:
0.83
HIDV:
1.13
DGRW:
1.12
HIDV:
0.54
DGRW:
0.51
HIDV:
2.09
DGRW:
1.85
HIDV:
4.84%
DGRW:
4.48%
HIDV:
18.98%
DGRW:
16.55%
HIDV:
-18.76%
DGRW:
-32.04%
HIDV:
-5.23%
DGRW:
-4.81%
Returns By Period
In the year-to-date period, HIDV achieves a -1.72% return, which is significantly lower than DGRW's 0.39% return.
HIDV
-1.72%
4.61%
-4.71%
9.93%
N/A
N/A
N/A
DGRW
0.39%
3.93%
-4.51%
8.17%
11.60%
14.67%
12.07%
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HIDV vs. DGRW - Expense Ratio Comparison
HIDV has a 0.45% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Risk-Adjusted Performance
HIDV vs. DGRW — Risk-Adjusted Performance Rank
HIDV
DGRW
HIDV vs. DGRW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US High Dividend ETF (HIDV) and WisdomTree U.S. 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.
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Dividends
HIDV vs. DGRW - Dividend Comparison
HIDV's dividend yield for the trailing twelve months is around 2.33%, more than DGRW's 1.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIDV AB US High Dividend ETF | 2.33% | 2.30% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRW WisdomTree U.S. Dividend Growth Fund | 1.59% | 1.55% | 1.74% | 2.15% | 1.78% | 1.91% | 2.20% | 2.42% | 1.71% | 2.13% | 2.18% | 1.79% |
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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Volatility
HIDV vs. DGRW - Volatility Comparison
AB US High Dividend ETF (HIDV) has a higher volatility of 4.69% compared to WisdomTree U.S. Dividend Growth Fund (DGRW) at 4.37%. 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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