INDH vs. QGRW

Last updated Jun 4, 2026

INDH (WisdomTree India Hedged Equity Fund) and QGRW (WisdomTree U.S. Quality Growth Fund) are both exchange-traded funds - INDH is a Asia Pacific Equities fund tracking the WisdomTree India Hedged Equity Index, while QGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Quality Growth Index. Both are passively managed. Over the past year, INDH returned -4.33% vs 35.66% for QGRW. At a 0.35 correlation, their price movements are largely independent. INDH charges 0.64%/yr vs 0.28%/yr for QGRW.

Performance

INDH vs. QGRW - 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 Growth Fund (QGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INDH achieves a -8.93% return, which is significantly lower than QGRW's 15.43% return.

INDH

• 1D: -0.91%
• 1M: -2.65%
• YTD: -8.93%
• 6M: -8.40%
• 1Y: -4.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QGRW

• 1D: -1.04%
• 1M: 9.03%
• YTD: 15.43%
• 6M: 14.57%
• 1Y: 35.66%
• 3Y*: 29.10%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

INDH vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024
INDH WisdomTree India Hedged Equity Fund	-8.93%	6.76%	5.05%
QGRW WisdomTree U.S. Quality Growth Fund	15.43%	19.20%	20.64%

Correlation

The correlation between INDH and QGRW is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (All Time) Calculated using the full available price history since May 10, 2024	0.35

INDH vs. QGRW - Sectors Allocation Comparison

Sectors	INDH	QGRW
Financial Services	23.5%	4.1%
Energy	13.0%	0.6%
Consumer Cyclical	12.9%	12.4%
Technology	10.0%	52.1%
Basic Materials	9.1%	-
Consumer Defensive	7.6%	0.5%
Industrials	7.4%	8.0%
Utilities	5.8%	0.4%
Healthcare	5.6%	4.3%
Communication Services	4.8%	17.8%
Real Estate	0.4%	-

Return for Risk

INDH vs. QGRW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INDH

INDH Risk / Return Rank: 5
INDH Sharpe Ratio Rank: 6
INDH Sortino Ratio Rank: 5
INDH Omega Ratio Rank: 5
INDH Calmar Ratio Rank: 6
INDH Martin Ratio Rank: 5

QGRW

QGRW Risk / Return Rank: 54
QGRW Sharpe Ratio Rank: 60
QGRW Sortino Ratio Rank: 56
QGRW Omega Ratio Rank: 57
QGRW Calmar Ratio Rank: 46
QGRW Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INDH vs. QGRW - 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 Growth Fund (QGRW). 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.

	INDH	QGRW	Difference
Sharpe ratio Return per unit of total volatility	-0.34	2.06	-2.40
Sortino ratio Return per unit of downside risk	-0.39	2.75	-3.14
Omega ratio Gain probability vs. loss probability	0.95	1.35	-0.40
Calmar ratio Return relative to maximum drawdown	-0.34	2.32	-2.66
Martin ratio Return relative to average drawdown	-0.93	9.08	-10.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INDH vs. QGRW - Sharpe Ratio Comparison

The current INDH Sharpe Ratio is -0.34, which is lower than the QGRW Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of INDH and QGRW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	INDH	QGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.34	2.06	-2.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	1.66	-1.58

Drawdowns

INDH vs. QGRW - Drawdown Comparison

The maximum INDH drawdown since its inception was -15.05%, smaller than the maximum QGRW drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for INDH and QGRW.

Drawdown Indicators

	INDH	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-15.05%	-24.40%	+9.35%
Max Drawdown (1Y) Largest decline over 1 year	-12.94%	-15.44%	+2.50%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.40%	—
Current Drawdown Current decline from peak	-10.96%	-1.33%	-9.63%
Average Drawdown Average peak-to-trough decline	-5.67%	-3.26%	-2.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.68%	3.94%	+0.74%

Volatility

INDH vs. QGRW - Volatility Comparison

The current volatility for WisdomTree India Hedged Equity Fund (INDH) is 4.02%, while WisdomTree U.S. Quality Growth Fund (QGRW) has a volatility of 4.71%. This indicates that INDH experiences smaller price fluctuations and is considered to be less risky than QGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INDH	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	4.71%	-0.69%
Volatility (6M) Calculated over the trailing 6-month period	11.50%	13.67%	-2.17%
Volatility (1Y) Calculated over the trailing 1-year period	12.93%	17.40%	-4.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.43%	21.08%	-6.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.43%	21.08%	-6.65%

INDH vs. QGRW - Expense Ratio Comparison

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

Dividends

INDH vs. QGRW - Dividend Comparison

INDH's dividend yield for the trailing twelve months is around 5.77%, more than QGRW's 0.07% yield.

Position	TTM	2025	2024	2023
INDH WisdomTree India Hedged Equity Fund	5.77%	5.25%	0.31%	0.00%
QGRW WisdomTree U.S. Quality Growth Fund	0.07%	0.09%	0.14%	0.11%

Frequently Asked Questions

Can I hold both INDH and QGRW in my portfolio?

INDH and QGRW have a correlation of 0.38, 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 QGRW?

QGRW has higher volatility (4.71%) compared to INDH (4.02%). In terms of maximum drawdown, INDH dropped -15.05% vs QGRW's -24.40%.

Which ETF is better, INDH or QGRW?

On 1-year performance, QGRW leads with 35.66% vs -4.33% for INDH. On fees, QGRW is cheaper at 0.28% per year. On volatility, INDH has been the lower-risk option at 4.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INDH or QGRW?

Over the 1-year period, QGRW has performed better with a 35.66% return vs -4.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INDH or QGRW?

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

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

INDH has the higher dividend yield at 5.77%, compared with 0.07% for QGRW.

What is the main difference between INDH and QGRW?

INDH is categorized as Asia Pacific Equities, while QGRW is Large Cap Growth Equities. INDH tracks WisdomTree India Hedged Equity Index, while QGRW tracks WisdomTree U.S. Quality Growth Index. Their fees differ too: 0.64% for INDH and 0.28% for QGRW.

Which has better risk-adjusted returns?

QGRW currently has the higher Sharpe Ratio (2.06 vs -0.34), 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.