MTGP vs. DGRW
MTGP (WisdomTree Mortgage Plus Bond Fund) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - MTGP is a Mortgage Backed Securities fund actively managed by WisdomTree, while DGRW is a Quality Factor fund tracking the WisdomTree U.S. Quality Dividend Growth Index. MTGP is actively managed, while DGRW is passively managed. Over the past 5 years, MTGP returned 0.10%/yr vs 11.41%/yr for DGRW. Their 0.06 correlation means their historical movements had little consistent relationship. MTGP charges 0.45%/yr vs 0.28%/yr for DGRW.
Performance
MTGP vs. DGRW - Performance Comparison
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Returns By Period
In the year-to-date period, MTGP achieves a -0.08% return, which is significantly lower than DGRW's 8.57% return.
MTGP
- 1D
- -0.36%
- 1M
- -0.90%
- 6M
- -0.62%
- YTD
- -0.08%
- 1Y
- 3.04%
- 3Y*
- 4.56%
- 5Y*
- 0.10%
- 10Y*
- —
- ALL TIME*
- 0.87%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $51.03M | $48.50M | $56.54M | |
| $422.32K | $672.43K | $425.74K |
MTGP vs. DGRW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MTGP WisdomTree Mortgage Plus Bond Fund | -0.08% | 7.57% | 2.48% | 3.96% | -11.29% | -0.64% | 4.91% | 0.08% |
DGRW WisdomTree U.S. Quality Dividend Growth Fund | 8.57% | 12.17% | 16.98% | 18.66% | -6.33% | 24.46% | 13.87% | 3.40% |
Correlation
The correlation between MTGP and DGRW is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2019 | 0.06 |
Over the past year, MTGP and DGRW have become more correlated (0.33) than their long-term average of 0.06, meaning their price movements have been converging.
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Return for Risk
MTGP vs. DGRW — Risk / Return Rank
MTGP
DGRW
MTGP vs. DGRW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Mortgage Plus Bond Fund (MTGP) 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.
| MTGP | DGRW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.26 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.79 | -0.22 |
| Martin ratioReturn relative to average drawdown | 4.02 | 7.25 | -3.22 |
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Drawdowns
MTGP vs. DGRW - Drawdown Comparison
The maximum MTGP drawdown since its inception was -16.63%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for MTGP and DGRW.
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Drawdown Indicators
| MTGP | DGRW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.63% | -32.04% | +15.41% |
Max Drawdown (1Y)Largest decline over 1 year | -2.53% | -8.30% | +5.77% |
Max Drawdown (3Y)Largest decline over 3 years | -5.52% | -16.21% | +10.69% |
Max Drawdown (5Y)Largest decline over 5 years | -16.63% | -17.27% | +0.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.04% | — |
Current DrawdownCurrent decline from peak | -1.81% | -1.31% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -5.01% | -3.00% | -2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 2.05% | -1.07% |
Volatility
MTGP vs. DGRW - Volatility Comparison
The current volatility for WisdomTree Mortgage Plus Bond Fund (MTGP) is 1.38%, while WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has a volatility of 2.92%. This indicates that MTGP 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.
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Volatility by Period
| MTGP | DGRW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 2.92% | -1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 3.17% | 8.33% | -5.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.29% | 10.44% | -6.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.83% | 14.01% | -8.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.23% | 16.18% | -10.95% |
MTGP vs. DGRW - Expense Ratio Comparison
MTGP has a 0.45% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Dividends
MTGP vs. DGRW - Dividend Comparison
MTGP's dividend yield for the trailing twelve months is around 4.42%, more than DGRW's 1.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MTGP WisdomTree Mortgage Plus Bond Fund | 4.42% | 4.19% | 4.05% | 3.02% | 2.47% | 1.64% | 2.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MTGP and DGRW have a correlation of 0.33, 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 MTGP (1.38%). In terms of maximum drawdown, MTGP dropped -16.63% vs DGRW's -32.04%.
On 5-year performance, DGRW leads with 11.41% vs 0.10% for MTGP. On fees, DGRW is cheaper at 0.28% per year. On volatility, MTGP has been the lower-risk option at 1.38%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DGRW has performed better with a 11.41% return vs 0.10%. 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 0.45% for MTGP.
MTGP has the higher dividend yield at 4.42%, compared with 1.28% for DGRW.
MTGP is categorized as Mortgage Backed Securities, while DGRW is Quality Factor. Their fees differ too: 0.45% for MTGP and 0.28% for DGRW.
DGRW currently has the higher Sharpe Ratio (1.43 vs 0.93), 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.
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