INDH vs. DGRW

Last updated Aug 4, 2026

INDH (WisdomTree India Hedged Equity Fund) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - INDH is a India Equities fund tracking the WisdomTree India Hedged Equity Index, while DGRW is a Quality Factor fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Both are passively managed. Over the past year, INDH returned -2.19% vs 17.60% for DGRW. Their 0.42 correlation means their historical movements had little consistent relationship. INDH charges 0.64%/yr vs 0.28%/yr for DGRW.

Performance

INDH vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree India Hedged Equity Fund (INDH) 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, INDH achieves a -6.53% return, which is significantly lower than DGRW's 10.05% return.

INDH

• 1D: 0.42%
• 1M: 0.35%
• 6M: -5.82%
• YTD: -6.53%
• 1Y: -2.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.12%

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
INDH WisdomTree India Hedged Equity Fund	$19.43K	$17.39K	$23.08K

INDH vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024
INDH WisdomTree India Hedged Equity Fund	-6.53%	6.76%	5.03%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	10.05%	12.17%	9.39%

Correlation

The correlation between INDH and DGRW is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (All Time) Calculated using the full available price history since May 9, 2024	0.42

INDH vs. DGRW - Sectors Allocation Comparison

Sectors	INDH	DGRW
Financial Services	24.5%	8.4%
Consumer Cyclical	13.4%	8.0%
Energy	12.3%	4.5%
Basic Materials	9.0%	2.8%
Technology	8.9%	33.8%
Industrials	7.8%	11.8%
Consumer Defensive	7.3%	6.7%
Healthcare	6.1%	12.8%
Utilities	5.5%	0.2%
Communication Services	4.9%	11.1%
Real Estate	0.4%	-

Return for Risk

INDH vs. DGRW — Risk / Return Rank

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

INDH

INDH Risk / Return Rank: 8
INDH Sharpe Ratio Rank: 8
INDH Sortino Ratio Rank: 8
INDH Omega Ratio Rank: 8
INDH Calmar Ratio Rank: 8
INDH Martin Ratio Rank: 8

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.

INDH vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree India Hedged Equity Fund (INDH) 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.

	INDH	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	-0.16	1.69	-1.86
Sortino ratio: Return per unit of downside risk	-0.14	2.41	-2.55
Omega ratio: Gain probability vs. loss probability	0.98	1.31	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.17	2.13	-2.30
Martin ratio: Return relative to average drawdown	-0.39	8.60	-8.99

INDH vs. DGRW - Sharpe Ratio Comparison

The current INDH Sharpe Ratio is -0.16, which is lower than the DGRW Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of INDH 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

INDH vs. DGRW - Drawdown Comparison

The maximum INDH drawdown since its inception was -15.05%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for INDH and DGRW.

Drawdown Indicators

	INDH	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-15.05%	-32.04%	+16.99%
Max Drawdown (1Y) Largest decline over 1 year	-12.94%	-8.30%	-4.64%
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	-8.62%	0.00%	-8.62%
Average Drawdown Average peak-to-trough decline	-5.96%	-3.00%	-2.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.65%	2.05%	+3.60%

Volatility

INDH vs. DGRW - Volatility Comparison

WisdomTree India Hedged Equity Fund (INDH) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW) have volatilities of 3.12% and 3.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INDH	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	3.19%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	11.94%	8.44%	+3.50%
Volatility (1Y) Calculated over the trailing 1-year period	13.39%	10.47%	+2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.23%	14.02%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.23%	16.19%	-1.96%

INDH vs. DGRW - Expense Ratio Comparison

INDH has a 0.64% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

INDH vs. DGRW - Dividend Comparison

INDH's dividend yield for the trailing twelve months is around 5.62%, more 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%
INDH WisdomTree India Hedged Equity Fund	5.62%	5.25%	0.31%	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 INDH and DGRW in my portfolio?

INDH and DGRW have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INDH or DGRW?

DGRW has higher volatility (3.19%) compared to INDH (3.12%). In terms of maximum drawdown, INDH dropped -15.05% vs DGRW's -32.04%.

Which ETF is better, INDH or DGRW?

On 1-year performance, DGRW leads with 17.60% vs -2.19% for INDH. On fees, DGRW is cheaper at 0.28% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INDH or DGRW?

Over the 1-year period, DGRW has performed better with a 17.60% return vs -2.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INDH or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.64% for INDH.

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

INDH has the higher dividend yield at 5.62%, compared with 1.26% for DGRW.

What is the main difference between INDH and DGRW?

INDH is categorized as India Equities, while DGRW is Quality Factor. INDH tracks WisdomTree India Hedged Equity Index, while DGRW tracks WisdomTree U.S. Quality Dividend Growth Index. Their fees differ too: 0.64% for INDH and 0.28% for DGRW.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (1.69 vs -0.16), 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.