OUSA vs. DGRS

Last updated Aug 2, 2026

OUSA (OShares U.S. Quality Dividend ETF) and DGRS (WisdomTree U.S. SmallCap Quality Dividend Growth Fund) are both Quality Factor funds - OUSA tracks the O'Shares US Quality Dividend Index while DGRS tracks the WisdomTree U.S. SmallCap Quality Dividend Growth Index. Both are passively managed. Over the past 10 years, OUSA returned 10.36%/yr vs 9.82%/yr for DGRS. Their 0.68 correlation means they have sometimes moved together and sometimes differently. OUSA charges 0.48%/yr vs 0.38%/yr for DGRS.

Performance

OUSA vs. DGRS - Performance Comparison

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

Returns By Period

In the year-to-date period, OUSA achieves a 6.53% return, which is significantly lower than DGRS's 21.67% return. Over the past 10 years, OUSA has outperformed DGRS with an annualized return of 10.36%, while DGRS has yielded a comparatively lower 9.82% annualized return.

OUSA

• 1D: 0.11%
• 1M: 1.87%
• 6M: 4.63%
• YTD: 6.53%
• 1Y: 15.60%
• 3Y*: 12.64%
• 5Y*: 8.87%
• 10Y*: 10.36%
• ALL TIME*: 10.68%

DGRS

• 1D: 0.23%
• 1M: 1.90%
• 6M: 12.89%
• YTD: 21.67%
• 1Y: 31.79%
• 3Y*: 12.75%
• 5Y*: 8.44%
• 10Y*: 9.82%
• ALL TIME*: 9.54%

*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)
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	$2.61M	$2.32M	$1.84M
OUSA OShares U.S. Quality Dividend ETF	$914.72K	$1.31M	$1.45M

OUSA vs. DGRS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OUSA OShares U.S. Quality Dividend ETF	6.53%	10.23%	17.09%	13.44%	-9.33%	23.75%	6.96%	25.03%	-3.11%	18.81%
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	21.67%	-0.43%	10.40%	21.16%	-13.11%	23.11%	7.86%	24.20%	-10.75%	7.25%

Correlation

The correlation between OUSA and DGRS is 0.61, 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.	0.61
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (10Y) Provides a long-term view across more market conditions.	0.67
Correlation (All Time) Calculated using the full available price history since Jul 14, 2015	0.68

The correlation between OUSA and DGRS has been stable across timeframes, ranging from 0.61 to 0.71 - a consistent structural relationship.

OUSA vs. DGRS - Sectors Allocation Comparison

Sectors	OUSA	DGRS
Technology	23.7%	9.1%
Financial Services	18.6%	25.5%
Healthcare	15.1%	1.2%
Consumer Cyclical	13.1%	16.3%
Industrials	11.9%	19.5%
Communication Services	10.3%	2.0%
Consumer Defensive	7.4%	6.5%
Basic Materials	-	8.0%
Energy	-	10.0%
Real Estate	-	1.9%
Utilities	-	0.2%

Return for Risk

OUSA vs. DGRS — Risk / Return Rank

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

OUSA

OUSA Risk / Return Rank: 59
OUSA Sharpe Ratio Rank: 63
OUSA Sortino Ratio Rank: 68
OUSA Omega Ratio Rank: 60
OUSA Calmar Ratio Rank: 50
OUSA Martin Ratio Rank: 53

DGRS

DGRS Risk / Return Rank: 77
DGRS Sharpe Ratio Rank: 74
DGRS Sortino Ratio Rank: 80
DGRS Omega Ratio Rank: 73
DGRS Calmar Ratio Rank: 82
DGRS Martin Ratio Rank: 76

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.

OUSA vs. DGRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OShares U.S. Quality Dividend ETF (OUSA) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS). 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.

	OUSA	DGRS	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.69	-0.23
Sortino ratio: Return per unit of downside risk	2.22	2.61	-0.39
Omega ratio: Gain probability vs. loss probability	1.26	1.30	-0.04
Calmar ratio: Return relative to maximum drawdown	1.78	2.98	-1.20
Martin ratio: Return relative to average drawdown	6.23	9.53	-3.30

OUSA vs. DGRS - Sharpe Ratio Comparison

The current OUSA Sharpe Ratio is 1.46, which is comparable to the DGRS Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of OUSA and DGRS, 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

OUSA vs. DGRS - Drawdown Comparison

The maximum OUSA drawdown since its inception was -33.12%, smaller than the maximum DGRS drawdown of -44.83%. Use the drawdown chart below to compare losses from any high point for OUSA and DGRS.

Drawdown Indicators

	OUSA	DGRS	Difference
Max Drawdown Largest peak-to-trough decline	-33.12%	-44.83%	+11.71%
Max Drawdown (1Y) Largest decline over 1 year	-8.36%	-9.68%	+1.32%
Max Drawdown (3Y) Largest decline over 3 years	-13.14%	-27.57%	+14.43%
Max Drawdown (5Y) Largest decline over 5 years	-19.54%	-27.57%	+8.03%
Max Drawdown (10Y) Largest decline over 10 years	-33.12%	-44.83%	+11.71%
Current Drawdown Current decline from peak	-0.75%	-1.24%	+0.49%
Average Drawdown Average peak-to-trough decline	-3.50%	-6.66%	+3.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	3.03%	-0.64%

Volatility

OUSA vs. DGRS - Volatility Comparison

OShares U.S. Quality Dividend ETF (OUSA) has a higher volatility of 4.00% compared to WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) at 3.72%. This indicates that OUSA's price experiences larger fluctuations and is considered to be riskier than DGRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OUSA	DGRS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	3.72%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	8.11%	10.52%	-2.41%
Volatility (1Y) Calculated over the trailing 1-year period	10.27%	17.17%	-6.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.38%	20.22%	-6.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.19%	23.57%	-8.38%

OUSA vs. DGRS - Expense Ratio Comparison

OUSA has a 0.48% expense ratio, which is higher than DGRS's 0.38% expense ratio.

Dividends

OUSA vs. DGRS - Dividend Comparison

OUSA's dividend yield for the trailing twelve months is around 1.36%, less than DGRS's 2.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	2.04%	2.68%	2.15%	2.36%	2.88%	2.19%	2.32%	2.39%	2.64%	1.90%	1.82%	2.55%
OUSA OShares U.S. Quality Dividend ETF	1.36%	1.39%	1.50%	1.81%	1.92%	1.56%	2.03%	2.31%	3.06%	2.15%	2.32%	1.17%

Frequently Asked Questions

Can I hold both OUSA and DGRS in my portfolio?

OUSA and DGRS have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OUSA or DGRS?

OUSA has higher volatility (4.00%) compared to DGRS (3.72%). In terms of maximum drawdown, OUSA dropped -33.12% vs DGRS's -44.83%.

Which ETF is better, OUSA or DGRS?

On 10-year performance, OUSA leads with 10.36% vs 9.82% for DGRS. On fees, DGRS is cheaper at 0.38% per year. On volatility, DGRS has been the lower-risk option at 3.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OUSA or DGRS?

Over the 10-year period, OUSA has performed better with a 10.36% return vs 9.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OUSA or DGRS?

DGRS is cheaper with a 0.38% expense ratio, compared with 0.48% for OUSA.

Which ETF pays a higher dividend yield, OUSA or DGRS?

DGRS has the higher dividend yield at 2.04%, compared with 1.36% for OUSA.

What is the main difference between OUSA and DGRS?

OUSA tracks O'Shares US Quality Dividend Index, while DGRS tracks WisdomTree U.S. SmallCap Quality Dividend Growth Index. They also come from different issuers: O'Shares Investments and WisdomTree. Their fees differ too: 0.48% for OUSA and 0.38% for DGRS.

Which has better risk-adjusted returns?

DGRS currently has the higher Sharpe Ratio (1.69 vs 1.46), 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.