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IGRO vs. IHDG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IGRO vs. IHDG

Last updated Aug 2, 2026
Documentation

IGRO (iShares International Dividend Growth ETF) and IHDG (WisdomTree International Hedged Dividend Growth Fund) are both Foreign Large Cap Equities funds - IGRO tracks the Morningstar Global ex-US Dividend Growth Index (Net) while IHDG tracks the WisdomTree International Hedged Dividend Growth Index. Both are passively managed. Over the past 10 years, IGRO returned 9.13%/yr vs 10.45%/yr for IHDG. Their 0.70 correlation means they have sometimes moved together and sometimes differently. IGRO charges 0.15%/yr vs 0.58%/yr for IHDG.

Performance

IGRO vs. IHDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Dividend Growth ETF (IGRO) and WisdomTree International Hedged Dividend Growth Fund (IHDG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IGRO achieves a 12.57% return, which is significantly higher than IHDG's 9.83% return. Over the past 10 years, IGRO has underperformed IHDG with an annualized return of 9.13%, while IHDG has yielded a comparatively higher 10.45% annualized return.

IGRO

1D
-0.91%
1M
2.78%
6M
8.51%
YTD
12.57%
1Y
23.88%
3Y*
16.37%
5Y*
9.24%
10Y*
9.13%
ALL TIME*
9.42%

IHDG

1D
-0.78%
1M
-0.24%
6M
6.52%
YTD
9.83%
1Y
22.57%
3Y*
11.71%
5Y*
7.63%
10Y*
10.45%
ALL TIME*
9.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IGRO

iShares International Dividend Growth ETF
$3.88M$3.27M$3.72M

IHDG

WisdomTree International Hedged Dividend Growth Fund
$6.12M$5.27M$6.91M

IGRO vs. IHDG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IGRO
iShares International Dividend Growth ETF		12.57%25.03%7.78%15.38%-12.72%9.94%7.71%26.13%-14.86%24.64%
IHDG
WisdomTree International Hedged Dividend Growth Fund		9.83%14.17%5.97%20.00%-11.53%19.75%10.51%33.42%-12.03%21.93%

Correlation

The correlation between IGRO and IHDG is 0.82, 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.

0.82

Correlation (3Y)
Balances recent behavior with more history.

0.76

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.77

Correlation (10Y)
Provides a long-term view across more market conditions.

0.71

Correlation (All Time)
Calculated using the full available price history since May 19, 2016

0.70

The correlation between IGRO and IHDG shifts across timeframes, from 0.70 (all time) to 0.82 (1 year), reflecting how their relationship changes across market environments.

IGRO vs. IHDG - Sectors Allocation Comparison

Sectors
IGRO
IHDG

Financial Services

36.2%
15.2%

Healthcare

14.4%
9.4%

Industrials

12.9%
19.3%

Consumer Defensive

9.4%
4.3%

Utilities

7.1%
0.8%

Technology

6.7%
8.3%

Consumer Cyclical

5.9%
19.6%

Basic Materials

3.1%
5.4%

Energy

2.2%
3.7%

Communication Services

1.7%
4.2%

Real Estate

0.3%
0.3%

Financial Services

IGRO
36.2%
IHDG
15.2%

Healthcare

IGRO
14.4%
IHDG
9.4%

Industrials

IGRO
12.9%
IHDG
19.3%

Consumer Defensive

IGRO
9.4%
IHDG
4.3%

Utilities

IGRO
7.1%
IHDG
0.8%

Technology

IGRO
6.7%
IHDG
8.3%

Consumer Cyclical

IGRO
5.9%
IHDG
19.6%

Basic Materials

IGRO
3.1%
IHDG
5.4%

Energy

IGRO
2.2%
IHDG
3.7%

Communication Services

IGRO
1.7%
IHDG
4.2%

Real Estate

IGRO
0.3%
IHDG
0.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares International Dividend Growth ETF

WisdomTree International Hedged Dividend Growth Fund

Often compared with IGRO:
IGRO vs. VIGIIGRO vs. SCHYIGRO vs. IDVIGRO vs. DGROIGRO vs. FIDIGRO vs. FDEMIGRO vs. DGRE
Often compared with IHDG:
IHDG vs. IDMOIHDG vs. DBEFIHDG vs. IQDGIHDG vs. IDVIHDG vs. VXUSIHDG vs. DEMIHDG vs. HAWX

Return for Risk

IGRO vs. IHDG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IGRO
IGRO Risk / Return Rank: 7979
Overall Rank
IGRO Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
IGRO Sortino Ratio Rank: 8383
Sortino Ratio Rank
IGRO Omega Ratio Rank: 8383
Omega Ratio Rank
IGRO Calmar Ratio Rank: 7070
Calmar Ratio Rank
IGRO Martin Ratio Rank: 7575
Martin Ratio Rank
IHDG
IHDG Risk / Return Rank: 6161
Overall Rank
IHDG Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
IHDG Sortino Ratio Rank: 6363
Sortino Ratio Rank
IHDG Omega Ratio Rank: 6161
Omega Ratio Rank
IHDG Calmar Ratio Rank: 5555
Calmar Ratio Rank
IHDG Martin Ratio Rank: 6262
Martin Ratio Rank
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.

IGRO vs. IHDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Dividend Growth ETF (IGRO) and WisdomTree International Hedged Dividend Growth Fund (IHDG). 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.

IGROIHDGDifference
Sharpe ratioReturn per unit of total volatility
1.93
1.44

+0.48

Sortino ratioReturn per unit of downside risk
2.73
2.09

+0.64

Omega ratioGain probability vs. loss probability

1.35

1.26

+0.09

Calmar ratioReturn relative to maximum drawdown

2.42

1.96

+0.46

Martin ratioReturn relative to average drawdown

9.41

7.40

+2.00

IGRO vs. IHDG - Sharpe Ratio Comparison

The current IGRO Sharpe Ratio is 1.93, which is higher than the IHDG Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of IGRO and IHDG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IGRO vs. IHDG - Drawdown Comparison

The maximum IGRO drawdown since its inception was -36.25%, which is greater than IHDG's maximum drawdown of -29.24%. Use the drawdown chart below to compare losses from any high point for IGRO and IHDG.

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Drawdown Indicators

IGROIHDGDifference

Max Drawdown

Largest peak-to-trough decline

-36.25%

-29.24%

-7.01%

Max Drawdown (1Y)

Largest decline over 1 year

-10.00%

-10.49%

+0.49%

Max Drawdown (3Y)

Largest decline over 3 years

-11.13%

-18.88%

+7.75%

Max Drawdown (5Y)

Largest decline over 5 years

-25.98%

-19.52%

-6.46%

Max Drawdown (10Y)

Largest decline over 10 years

-36.25%

-29.24%

-7.01%

Current Drawdown

Current decline from peak

-0.91%

-1.38%

+0.47%

Average Drawdown

Average peak-to-trough decline

-5.61%

-4.00%

-1.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.56%

2.77%

-0.21%

Volatility

IGRO vs. IHDG - Volatility Comparison

The current volatility for iShares International Dividend Growth ETF (IGRO) is 3.45%, while WisdomTree International Hedged Dividend Growth Fund (IHDG) has a volatility of 4.09%. This indicates that IGRO experiences smaller price fluctuations and is considered to be less risky than IHDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IGROIHDGDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.45%

4.09%

-0.64%

Volatility (6M)

Calculated over the trailing 6-month period

10.75%

11.88%

-1.13%

Volatility (1Y)

Calculated over the trailing 1-year period

12.59%

14.30%

-1.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.92%

14.95%

-1.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.58%

15.63%

+0.95%

IGRO vs. IHDG - Expense Ratio Comparison

IGRO has a 0.15% expense ratio, which is lower than IHDG's 0.58% expense ratio.

Dividends

IGRO vs. IHDG - Dividend Comparison

IGRO's dividend yield for the trailing twelve months is around 2.64%, more than IHDG's 1.81% yield.

PositionTTM20252024202320222021202020192018201720162015
IGRO
iShares International Dividend Growth ETF		2.64%2.51%2.44%2.79%2.69%2.27%2.41%2.65%2.97%2.43%1.18%0.00%
IHDG
WisdomTree International Hedged Dividend Growth Fund		1.81%1.84%2.42%1.70%13.79%2.77%1.94%1.99%0.22%1.28%1.91%3.04%

Frequently Asked Questions

IGRO and IHDG have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IHDG has higher volatility (4.09%) compared to IGRO (3.45%). In terms of maximum drawdown, IGRO dropped -36.25% vs IHDG's -29.24%.

On 10-year performance, IHDG leads with 10.45% vs 9.13% for IGRO. On fees, IGRO is cheaper at 0.15% per year. On volatility, IGRO has been the lower-risk option at 3.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IHDG has performed better with a 10.45% return vs 9.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IGRO is cheaper with a 0.15% expense ratio, compared with 0.58% for IHDG.

IGRO has the higher dividend yield at 2.64%, compared with 1.81% for IHDG.

IGRO tracks Morningstar Global ex-US Dividend Growth Index (Net), while IHDG tracks WisdomTree International Hedged Dividend Growth Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.15% for IGRO and 0.58% for IHDG.

IGRO currently has the higher Sharpe Ratio (1.93 vs 1.44), 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.

Portfolio Optimizer

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