QDEF vs. DGRW
Compare and contrast key facts about FlexShares Quality Dividend Defensive Index Fund (QDEF) and WisdomTree U.S. Dividend Growth Fund (DGRW).
QDEF and DGRW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDEF is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Dividend Defensive Index. It was launched on Dec 14, 2012. DGRW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. Dividend Growth Index. It was launched on May 22, 2013. Both QDEF and DGRW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QDEF or DGRW.
Key characteristics
| QDEF | DGRW | |
|---|---|---|
| YTD Return | 4.29% | 4.31% |
| 1Y Return | 15.87% | 17.02% |
| 3Y Return (Ann) | 7.64% | 9.82% |
| 5Y Return (Ann) | 9.05% | 13.08% |
| 10Y Return (Ann) | 9.69% | 12.34% |
| Sharpe Ratio | 1.57 | 1.63 |
| Daily Std Dev | 10.32% | 10.50% |
| Max Drawdown | -35.74% | -32.04% |
| Current Drawdown | -4.36% | -4.10% |
Correlation
The correlation between QDEF and DGRW is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QDEF vs. DGRW - Performance Comparison
The year-to-date returns for both investments are quite close, with QDEF having a 4.29% return and DGRW slightly higher at 4.31%. Over the past 10 years, QDEF has underperformed DGRW with an annualized return of 9.69%, while DGRW has yielded a comparatively higher 12.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QDEF vs. DGRW - Expense Ratio Comparison
QDEF has a 0.37% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Risk-Adjusted Performance
QDEF vs. DGRW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Quality Dividend Defensive Index Fund (QDEF) and WisdomTree U.S. 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.
Dividends
QDEF vs. DGRW - Dividend Comparison
QDEF's dividend yield for the trailing twelve months is around 2.11%, more than DGRW's 1.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDEF FlexShares Quality Dividend Defensive Index Fund | 2.11% | 2.21% | 2.42% | 1.84% | 2.50% | 3.17% | 7.10% | 2.70% | 2.90% | 3.00% | 2.52% | 2.12% |
DGRW WisdomTree U.S. Dividend Growth Fund | 1.71% | 1.74% | 2.15% | 1.78% | 1.91% | 2.20% | 2.42% | 1.73% | 2.13% | 2.18% | 1.79% | 1.05% |
Drawdowns
QDEF vs. DGRW - Drawdown Comparison
The maximum QDEF drawdown since its inception was -35.74%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for QDEF and DGRW. For additional features, visit the drawdowns tool.
Volatility
QDEF vs. DGRW - Volatility Comparison
FlexShares Quality Dividend Defensive Index Fund (QDEF) and WisdomTree U.S. Dividend Growth Fund (DGRW) have volatilities of 3.11% and 3.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.