HQGO vs. DGRW

Last updated Aug 4, 2026

HQGO (Hartford US Quality Growth ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both Quality Factor funds - HQGO tracks the Hartford US Quality Growth Index - Benchmark TR Gross while DGRW tracks the WisdomTree U.S. Quality Dividend Growth Index. Both are passively managed. Over the past year, HQGO returned 23.04% vs 17.60% for DGRW. Their correlation of 0.88 means they have usually moved in the same direction. HQGO charges 0.34%/yr vs 0.28%/yr for DGRW.

Performance

HQGO vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford US Quality Growth ETF (HQGO) 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, HQGO achieves a 11.00% return, which is significantly higher than DGRW's 10.05% return.

HQGO

• 1D: 1.39%
• 1M: 2.07%
• 6M: 9.26%
• YTD: 11.00%
• 1Y: 23.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.56%

DGRW

• 1D: 1.37%
• 1M: 2.07%
• 6M: 6.86%
• YTD: 10.05%
• 1Y: 17.60%
• 3Y*: 15.28%
• 5Y*: 11.72%
• 10Y*: 13.79%
• ALL TIME*: 13.05%

*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)
DGRW WisdomTree U.S. Quality Dividend Growth Fund	$51.74M	$49.20M	$56.02M
HQGO Hartford US Quality Growth ETF	$5.49K	$7.53K	$51.76K

HQGO vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HQGO Hartford US Quality Growth ETF	11.00%	15.15%	25.09%	5.10%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	10.05%	12.17%	16.98%	4.27%

Correlation

The correlation between HQGO and DGRW is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.85
Correlation (All Time) Calculated using the full available price history since Dec 6, 2023	0.88

The correlation between HQGO and DGRW has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

HQGO vs. DGRW - Sectors Allocation Comparison

Sectors	HQGO	DGRW
Technology	42.3%	33.8%
Consumer Cyclical	12.3%	8.0%
Healthcare	10.4%	12.8%
Communication Services	9.9%	11.1%
Industrials	7.0%	11.8%
Financial Services	6.7%	8.4%
Consumer Defensive	3.9%	6.7%
Energy	3.9%	4.5%
Basic Materials	2.2%	2.8%
Real Estate	0.9%	-
Utilities	0.1%	0.2%

Return for Risk

HQGO vs. DGRW — Risk / Return Rank

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

HQGO

HQGO Risk / Return Rank: 62
HQGO Sharpe Ratio Rank: 64
HQGO Sortino Ratio Rank: 62
HQGO Omega Ratio Rank: 60
HQGO Calmar Ratio Rank: 58
HQGO Martin Ratio Rank: 64

DGRW

DGRW Risk / Return Rank: 70
DGRW Sharpe Ratio Rank: 73
DGRW Sortino Ratio Rank: 74
DGRW Omega Ratio Rank: 74
DGRW Calmar Ratio Rank: 59
DGRW Martin Ratio Rank: 69

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.

HQGO vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford US Quality Growth ETF (HQGO) 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.

	HQGO	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.69	-0.06
Sortino ratio: Return per unit of downside risk	2.27	2.41	-0.14
Omega ratio: Gain probability vs. loss probability	1.28	1.31	-0.03
Calmar ratio: Return relative to maximum drawdown	2.23	2.13	+0.10
Martin ratio: Return relative to average drawdown	8.45	8.60	-0.15

HQGO vs. DGRW - Sharpe Ratio Comparison

The current HQGO Sharpe Ratio is 1.63, which is comparable to the DGRW Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of HQGO 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

HQGO vs. DGRW - Drawdown Comparison

The maximum HQGO drawdown since its inception was -20.85%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for HQGO and DGRW.

Drawdown Indicators

	HQGO	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-20.85%	-32.04%	+11.19%
Max Drawdown (1Y) Largest decline over 1 year	-10.40%	-8.30%	-2.10%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-2.52%	-3.00%	+0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	2.05%	+0.68%

Volatility

HQGO vs. DGRW - Volatility Comparison

Hartford US Quality Growth ETF (HQGO) has a higher volatility of 3.62% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 3.19%. This indicates that HQGO'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.

Volatility by Period

	HQGO	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	3.19%	+0.43%
Volatility (6M) Calculated over the trailing 6-month period	10.83%	8.44%	+2.39%
Volatility (1Y) Calculated over the trailing 1-year period	14.18%	10.47%	+3.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	14.02%	+2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.90%	16.19%	+0.71%

HQGO vs. DGRW - Expense Ratio Comparison

HQGO has a 0.34% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

HQGO vs. DGRW - Dividend Comparison

HQGO's dividend yield for the trailing twelve months is around 0.45%, less than DGRW's 1.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.26%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
HQGO Hartford US Quality Growth ETF	0.45%	0.51%	0.52%	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 HQGO and DGRW in my portfolio?

HQGO and DGRW have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HQGO or DGRW?

HQGO has higher volatility (3.62%) compared to DGRW (3.19%). In terms of maximum drawdown, HQGO dropped -20.85% vs DGRW's -32.04%.

Which ETF is better, HQGO or DGRW?

On 1-year performance, HQGO leads with 23.04% vs 17.60% for DGRW. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HQGO or DGRW?

Over the 1-year period, HQGO has performed better with a 23.04% return vs 17.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HQGO or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.34% for HQGO.

Which ETF pays a higher dividend yield, HQGO or DGRW?

DGRW has the higher dividend yield at 1.26%, compared with 0.45% for HQGO.

What is the main difference between HQGO and DGRW?

HQGO tracks Hartford US Quality Growth Index - Benchmark TR Gross, while DGRW tracks WisdomTree U.S. Quality Dividend Growth Index. They also come from different issuers: Hartford and WisdomTree. Their fees differ too: 0.34% for HQGO and 0.28% for DGRW.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (1.69 vs 1.63), 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.