PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
MBOX vs. DGRW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MBOX vs. DGRW

Last updated Aug 2, 2026
Documentation

MBOX (Freedom Day Dividend ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - MBOX is a Dividend fund actively managed by Freedom Day, while DGRW is a Quality Factor fund tracking the WisdomTree U.S. Quality Dividend Growth Index. MBOX is actively managed, while DGRW is passively managed. Over the past 5 years, MBOX returned 12.70%/yr vs 11.41%/yr for DGRW. Their correlation of 0.88 means they have usually moved in the same direction. MBOX charges 0.39%/yr vs 0.28%/yr for DGRW.

Performance

MBOX vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Freedom Day Dividend ETF (MBOX) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, MBOX achieves a 20.13% return, which is significantly higher than DGRW's 8.57% return.

MBOX

1D
0.11%
1M
3.85%
6M
14.65%
YTD
20.13%
1Y
27.96%
3Y*
17.69%
5Y*
12.70%
10Y*
—
ALL TIME*
12.53%

DGRW

1D
0.49%
1M
0.69%
6M
6.01%
YTD
8.57%
1Y
16.02%
3Y*
13.97%
5Y*
11.41%
10Y*
13.71%
ALL TIME*
12.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

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

DGRW

WisdomTree U.S. Quality Dividend Growth Fund
$51.03M$48.50M$56.54M

MBOX

Freedom Day Dividend ETF
$299.35K$251.30K$182.78K

MBOX vs. DGRW - Yearly Performance Comparison

2026 (YTD)20252024202320222021
MBOX
Freedom Day Dividend ETF		20.13%8.72%16.39%15.84%-4.32%10.13%
DGRW
WisdomTree U.S. Quality Dividend Growth Fund		8.57%12.17%16.98%18.66%-6.33%13.20%

Correlation

The correlation between MBOX and DGRW is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.76

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

0.85

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

0.87

Correlation (All Time)
Calculated using the full available price history since May 5, 2021

0.88

The correlation between MBOX and DGRW shifts across timeframes, from 0.76 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

MBOX vs. DGRW - Sectors Allocation Comparison

Sectors
MBOX
DGRW

Financial Services

27.6%
8.4%

Technology

19.9%
33.8%

Energy

13.9%
4.5%

Healthcare

10.7%
12.8%

Industrials

9.3%
11.8%

Communication Services

5.7%
11.1%

Real Estate

4.8%

-

Consumer Defensive

3.8%
6.7%

Basic Materials

3.4%
2.8%

Utilities

2.4%
0.2%

Consumer Cyclical

1.8%
8.0%

Financial Services

MBOX
27.6%
DGRW
8.4%

Technology

MBOX
19.9%
DGRW
33.8%

Energy

MBOX
13.9%
DGRW
4.5%

Healthcare

MBOX
10.7%
DGRW
12.8%

Industrials

MBOX
9.3%
DGRW
11.8%

Communication Services

MBOX
5.7%
DGRW
11.1%

Real Estate

MBOX
4.8%
DGRW

-

Consumer Defensive

MBOX
3.8%
DGRW
6.7%

Basic Materials

MBOX
3.4%
DGRW
2.8%

Utilities

MBOX
2.4%
DGRW
0.2%

Consumer Cyclical

MBOX
1.8%
DGRW
8.0%

Compare stocks, funds, or ETFs

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

Freedom Day Dividend ETF

WisdomTree U.S. Quality Dividend Growth Fund

Often compared with MBOX:
MBOX vs. FYCMBOX vs. DDIVMBOX vs. TLTWMBOX vs. TPSCMBOX vs. PFIMBOX vs. MGMTMBOX vs. SCHD
Often compared with DGRW:
DGRW vs. SCHDDGRW vs. DGRODGRW vs. VOODGRW vs. VIGDGRW vs. SPYDGRW vs. VUSA.ASDGRW vs. NOBL

Return for Risk

MBOX vs. DGRW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
MBOX
MBOX Risk / Return Rank: 9393
Overall Rank
MBOX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
MBOX Sortino Ratio Rank: 9494
Sortino Ratio Rank
MBOX Omega Ratio Rank: 9292
Omega Ratio Rank
MBOX Calmar Ratio Rank: 9494
Calmar Ratio Rank
MBOX Martin Ratio Rank: 9292
Martin Ratio Rank
DGRW
DGRW Risk / Return Rank: 5959
Overall Rank
DGRW Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
DGRW Sortino Ratio Rank: 6161
Sortino Ratio Rank
DGRW Omega Ratio Rank: 6262
Omega Ratio Rank
DGRW Calmar Ratio Rank: 5151
Calmar Ratio Rank
DGRW Martin Ratio Rank: 6161
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.

MBOX vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Freedom Day Dividend ETF (MBOX) 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.

MBOXDGRWDifference
Sharpe ratioReturn per unit of total volatility
2.54
1.43

+1.11

Sortino ratioReturn per unit of downside risk
3.72
2.04

+1.68

Omega ratioGain probability vs. loss probability

1.45

1.26

+0.18

Calmar ratioReturn relative to maximum drawdown

4.71

1.79

+2.92

Martin ratioReturn relative to average drawdown

16.03

7.25

+8.78

MBOX vs. DGRW - Sharpe Ratio Comparison

The current MBOX Sharpe Ratio is 2.54, which is higher than the DGRW Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of MBOX 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.

Loading charts...

Drawdowns

MBOX vs. DGRW - Drawdown Comparison

The maximum MBOX drawdown since its inception was -16.42%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for MBOX and DGRW.

Loading charts...

Drawdown Indicators

MBOXDGRWDifference

Max Drawdown

Largest peak-to-trough decline

-16.42%

-32.04%

+15.62%

Max Drawdown (1Y)

Largest decline over 1 year

-5.75%

-8.30%

+2.55%

Max Drawdown (3Y)

Largest decline over 3 years

-16.37%

-16.21%

-0.16%

Max Drawdown (5Y)

Largest decline over 5 years

-16.42%

-17.27%

+0.85%

Max Drawdown (10Y)

Largest decline over 10 years

—

-32.04%

—

Current Drawdown

Current decline from peak

-1.14%

-1.31%

+0.17%

Average Drawdown

Average peak-to-trough decline

-3.37%

-3.00%

-0.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.69%

2.05%

-0.36%

Volatility

MBOX vs. DGRW - Volatility Comparison

The current volatility for Freedom Day Dividend ETF (MBOX) is 2.42%, while WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has a volatility of 2.92%. This indicates that MBOX experiences smaller price fluctuations and is considered to be less risky than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

MBOXDGRWDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.42%

2.92%

-0.50%

Volatility (6M)

Calculated over the trailing 6-month period

7.55%

8.33%

-0.78%

Volatility (1Y)

Calculated over the trailing 1-year period

10.75%

10.44%

+0.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.47%

14.01%

+0.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.33%

16.18%

-1.85%

MBOX vs. DGRW - Expense Ratio Comparison

MBOX has a 0.39% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

MBOX vs. DGRW - Dividend Comparison

MBOX's dividend yield for the trailing twelve months is around 1.85%, more than DGRW's 1.28% yield.

PositionTTM20252024202320222021202020192018201720162015
DGRW
WisdomTree U.S. Quality Dividend Growth Fund		1.28%1.43%1.55%1.74%2.15%1.78%1.93%2.20%2.42%1.71%2.13%2.18%
MBOX
Freedom Day Dividend ETF		1.85%1.94%1.60%2.13%2.87%1.17%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

MBOX and DGRW have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DGRW has higher volatility (2.92%) compared to MBOX (2.42%). In terms of maximum drawdown, MBOX dropped -16.42% vs DGRW's -32.04%.

On 5-year performance, MBOX leads with 12.70% vs 11.41% for DGRW. On fees, DGRW is cheaper at 0.28% per year. On volatility, MBOX has been the lower-risk option at 2.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, MBOX has performed better with a 12.70% return vs 11.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DGRW is cheaper with a 0.28% expense ratio, compared with 0.39% for MBOX.

MBOX has the higher dividend yield at 1.85%, compared with 1.28% for DGRW.

MBOX is categorized as Dividend, while DGRW is Quality Factor. They also come from different issuers: Freedom Day and WisdomTree. Their fees differ too: 0.39% for MBOX and 0.28% for DGRW.

MBOX currently has the higher Sharpe Ratio (2.54 vs 1.43), 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

Find the right allocation for MBOX and DGRW

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer