MTGP vs. QGRW
MTGP (WisdomTree Mortgage Plus Bond Fund) and QGRW (WisdomTree U.S. Quality Growth Fund) are both exchange-traded funds - MTGP is a Mortgage Backed Securities fund actively managed by WisdomTree, while QGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Quality Growth Index. MTGP is actively managed, while QGRW is passively managed. Over the past 3 years, MTGP returned 4.36%/yr vs 29.12%/yr for QGRW. At a 0.11 correlation, their price movements are largely independent. MTGP charges 0.45%/yr vs 0.28%/yr for QGRW.
Performance
MTGP vs. QGRW - Performance Comparison
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Returns By Period
In the year-to-date period, MTGP achieves a 0.37% return, which is significantly lower than QGRW's 15.43% return.
MTGP
- 1D
- 0.16%
- 1M
- 0.22%
- YTD
- 0.37%
- 6M
- 0.65%
- 1Y
- 5.62%
- 3Y*
- 4.36%
- 5Y*
- 0.33%
- 10Y*
- —
QGRW
- 1D
- 0.00%
- 1M
- 8.02%
- YTD
- 15.43%
- 6M
- 14.33%
- 1Y
- 35.04%
- 3Y*
- 29.12%
- 5Y*
- —
- 10Y*
- —
MTGP vs. QGRW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MTGP WisdomTree Mortgage Plus Bond Fund | 0.37% | 7.57% | 2.48% | 3.96% | -1.52% |
QGRW WisdomTree U.S. Quality Growth Fund | 15.43% | 19.20% | 34.85% | 56.05% | -3.30% |
Correlation
The correlation between MTGP and QGRW is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2022 | 0.11 |
The correlation between MTGP and QGRW shifts across timeframes, from 0.11 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MTGP vs. QGRW — Risk / Return Rank
MTGP
QGRW
MTGP vs. QGRW - 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 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.
| MTGP | QGRW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.35 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 2.28 | -0.04 |
| Martin ratioReturn relative to average drawdown | 5.93 | 8.92 | -3.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MTGP | QGRW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 2.02 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 1.65 | -1.47 |
Drawdowns
MTGP vs. QGRW - Drawdown Comparison
The maximum MTGP drawdown since its inception was -16.63%, smaller than the maximum QGRW drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for MTGP and QGRW.
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Drawdown Indicators
| MTGP | QGRW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.63% | -24.40% | +7.77% |
Max Drawdown (1Y)Largest decline over 1 year | -2.53% | -15.44% | +12.91% |
Max Drawdown (3Y)Largest decline over 3 years | -6.46% | -24.40% | +17.94% |
Max Drawdown (5Y)Largest decline over 5 years | -16.63% | — | — |
Current DrawdownCurrent decline from peak | -1.37% | -1.33% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -5.11% | -3.26% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 3.94% | -2.99% |
Volatility
MTGP vs. QGRW - Volatility Comparison
The current volatility for WisdomTree Mortgage Plus Bond Fund (MTGP) is 1.31%, while WisdomTree U.S. Quality Growth Fund (QGRW) has a volatility of 4.69%. This indicates that MTGP 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.
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Volatility by Period
| MTGP | QGRW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.31% | 4.69% | -3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 3.09% | 13.67% | -10.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.77% | 17.39% | -12.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.79% | 21.07% | -15.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 21.07% | -15.82% |
MTGP vs. QGRW - Expense Ratio Comparison
MTGP has a 0.45% expense ratio, which is higher than QGRW's 0.28% expense ratio.
Dividends
MTGP vs. QGRW - Dividend Comparison
MTGP's dividend yield for the trailing twelve months is around 4.32%, more than QGRW's 0.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
MTGP WisdomTree Mortgage Plus Bond Fund | 4.32% | 4.19% | 4.05% | 3.02% | 2.47% | 1.64% | 2.61% |
QGRW WisdomTree U.S. Quality Growth Fund | 0.07% | 0.09% | 0.14% | 0.11% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MTGP and QGRW have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QGRW has higher volatility (4.69%) compared to MTGP (1.31%). In terms of maximum drawdown, MTGP dropped -16.63% vs QGRW's -24.40%.
On 3-year performance, QGRW leads with 29.12% vs 4.36% for MTGP. On fees, QGRW is cheaper at 0.28% per year. On volatility, MTGP has been the lower-risk option at 1.31%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, QGRW has performed better with a 29.12% return vs 4.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QGRW is cheaper with a 0.28% expense ratio, compared with 0.45% for MTGP.
MTGP has the higher dividend yield at 4.32%, compared with 0.07% for QGRW.
MTGP is categorized as Mortgage Backed Securities, while QGRW is Large Cap Growth Equities. Their fees differ too: 0.45% for MTGP and 0.28% for QGRW.
QGRW currently has the higher Sharpe Ratio (2.02 vs 1.19), 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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