OUSA vs. DGRW

Last updated Jun 4, 2026

OUSA (OShares U.S. Quality Dividend ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - OUSA is a Large Cap Growth Equities fund tracking the O'Shares US Quality Dividend Index, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Both are passively managed. Over the past 10 years, OUSA returned 10.22%/yr vs 14.15%/yr for DGRW. Their correlation of 0.92 suggests significant overlap in exposure. OUSA charges 0.48%/yr vs 0.28%/yr for DGRW.

Performance

OUSA vs. DGRW - 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. Quality Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OUSA achieves a 1.05% return, which is significantly lower than DGRW's 9.10% return. Over the past 10 years, OUSA has underperformed DGRW with an annualized return of 10.22%, while DGRW has yielded a comparatively higher 14.15% annualized return.

OUSA

• 1D: -0.75%
• 1M: 1.02%
• YTD: 1.05%
• 6M: 1.29%
• 1Y: 9.81%
• 3Y*: 12.63%
• 5Y*: 8.62%
• 10Y*: 10.22%

DGRW

• 1D: -0.83%
• 1M: 4.06%
• YTD: 9.10%
• 6M: 8.62%
• 1Y: 20.79%
• 3Y*: 16.64%
• 5Y*: 12.17%
• 10Y*: 14.15%

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

OUSA vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OUSA OShares U.S. Quality Dividend ETF	1.05%	10.23%	17.09%	13.44%	-9.33%	23.75%	6.96%	25.03%	-3.11%	18.81%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	9.10%	12.17%	16.98%	18.66%	-6.33%	24.46%	13.87%	29.54%	-5.38%	26.90%

Correlation

The correlation between OUSA and DGRW is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jul 15, 2015	0.92

The correlation between OUSA and DGRW shifts across timeframes, from 0.78 (1 year) to 0.92 (5 years), reflecting how their relationship changes across market environments.

OUSA vs. DGRW - Sectors Allocation Comparison

Sectors	OUSA	DGRW
Technology	23.4%	32.1%
Financial Services	18.5%	11.3%
Healthcare	14.1%	12.8%
Consumer Cyclical	13.4%	7.1%
Industrials	11.6%	9.9%
Communication Services	11.4%	10.1%
Consumer Defensive	7.6%	6.7%
Basic Materials	-	3.3%
Energy	-	5.0%
Real Estate	-	-
Utilities	-	0.2%

Return for Risk

OUSA vs. DGRW — Risk / Return Rank

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

OUSA

OUSA Risk / Return Rank: 27
OUSA Sharpe Ratio Rank: 28
OUSA Sortino Ratio Rank: 28
OUSA Omega Ratio Rank: 26
OUSA Calmar Ratio Rank: 25
OUSA Martin Ratio Rank: 29

DGRW

DGRW Risk / Return Rank: 60
DGRW Sharpe Ratio Rank: 61
DGRW Sortino Ratio Rank: 65
DGRW Omega Ratio Rank: 63
DGRW Calmar Ratio Rank: 50
DGRW Martin Ratio Rank: 61

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.

OUSA vs. DGRW - 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. 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.

	OUSA	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.01	2.12	-1.11
Sortino ratio: Return per unit of downside risk	1.53	3.09	-1.55
Omega ratio: Gain probability vs. loss probability	1.18	1.39	-0.21
Calmar ratio: Return relative to maximum drawdown	1.18	2.52	-1.34
Martin ratio: Return relative to average drawdown	4.19	11.03	-6.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OUSA vs. DGRW - Sharpe Ratio Comparison

The current OUSA Sharpe Ratio is 1.01, which is lower than the DGRW Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of OUSA 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.

Sharpe Ratios by Period

	OUSA	DGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	2.12	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.88	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.88	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.86	-0.17

Drawdowns

OUSA vs. DGRW - Drawdown Comparison

The maximum OUSA drawdown since its inception was -33.12%, roughly equal to the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for OUSA and DGRW.

Drawdown Indicators

	OUSA	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-33.12%	-32.04%	-1.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.36%	-8.30%	-0.06%
Max Drawdown (3Y) Largest decline over 3 years	-13.14%	-16.21%	+3.07%
Max Drawdown (5Y) Largest decline over 5 years	-19.54%	-17.27%	-2.27%
Max Drawdown (10Y) Largest decline over 10 years	-33.12%	-32.04%	-1.08%
Current Drawdown Current decline from peak	-2.58%	-0.83%	-1.75%
Average Drawdown Average peak-to-trough decline	-3.53%	-3.01%	-0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	1.89%	+0.46%

Volatility

OUSA vs. DGRW - Volatility Comparison

The current volatility for OShares U.S. Quality Dividend ETF (OUSA) is 2.25%, while WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has a volatility of 2.47%. This indicates that OUSA 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.

Volatility by Period

	OUSA	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.25%	2.47%	-0.22%
Volatility (6M) Calculated over the trailing 6-month period	7.18%	7.64%	-0.46%
Volatility (1Y) Calculated over the trailing 1-year period	9.75%	9.88%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.30%	13.97%	-0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.16%	16.21%	-1.05%

OUSA vs. DGRW - Expense Ratio Comparison

OUSA has a 0.48% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

OUSA vs. DGRW - Dividend Comparison

OUSA's dividend yield for the trailing twelve months is around 1.42%, more than DGRW's 1.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.27%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
OUSA OShares U.S. Quality Dividend ETF	1.42%	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 DGRW in my portfolio?

OUSA and DGRW have a correlation of 0.78, 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 DGRW?

DGRW has higher volatility (2.47%) compared to OUSA (2.25%). In terms of maximum drawdown, OUSA dropped -33.12% vs DGRW's -32.04%.

Which ETF is better, OUSA or DGRW?

On 10-year performance, DGRW leads with 14.15% vs 10.22% for OUSA. On fees, DGRW is cheaper at 0.28% per year. On volatility, OUSA has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OUSA or DGRW?

Over the 10-year period, DGRW has performed better with a 14.15% return vs 10.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OUSA or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.48% for OUSA.

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

OUSA has the higher dividend yield at 1.42%, compared with 1.27% for DGRW.

What is the main difference between OUSA and DGRW?

OUSA is categorized as Large Cap Growth Equities, while DGRW is Dividend. OUSA tracks O'Shares US Quality Dividend Index, while DGRW tracks WisdomTree U.S. Quality Dividend Growth Index. They also come from different issuers: O'Shares Investments and WisdomTree. Their fees differ too: 0.48% for OUSA and 0.28% for DGRW.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (2.12 vs 1.01), 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.