QDIV vs. DGRO
Compare and contrast key facts about Global X S&P 500 Quality Dividend ETF (QDIV) and iShares Core Dividend Growth ETF (DGRO).
QDIV and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDIV is a passively managed fund by Global X that tracks the performance of the S&P 500 Quality High Dividend Index. It was launched on Jul 13, 2018. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. Both QDIV and DGRO 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: QDIV or DGRO.
Key characteristics
| QDIV | DGRO | |
|---|---|---|
| Sharpe Ratio | 2.27 | 2.96 |
| Sortino Ratio | 3.27 | 4.16 |
| Omega Ratio | 1.39 | 1.54 |
| Calmar Ratio | 4.17 | 5.82 |
| Martin Ratio | 10.76 | 19.45 |
| Ulcer Index | 2.14% | 1.46% |
| Daily Std Dev | 10.11% | 9.59% |
| Max Drawdown | -41.20% | -35.10% |
| Current Drawdown | -0.54% | -0.28% |
Correlation
The correlation between QDIV and DGRO is 0.87, 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
QDIV vs. DGRO - Performance Comparison
Returns By Period
In the year-to-date period, QDIV achieves a 17.42% return, which is significantly lower than DGRO's 22.39% return.
QDIV
17.42%
4.58%
12.40%
21.53%
10.49%
N/A
DGRO
22.39%
4.54%
14.27%
27.30%
12.32%
11.93%
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QDIV vs. DGRO - Expense Ratio Comparison
QDIV has a 0.20% expense ratio, which is higher than DGRO's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
QDIV vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Quality Dividend ETF (QDIV) and iShares Core Dividend Growth ETF (DGRO). 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
QDIV vs. DGRO - Dividend Comparison
QDIV's dividend yield for the trailing twelve months is around 2.80%, more than DGRO's 2.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
QDIV Global X S&P 500 Quality Dividend ETF | 2.80% | 3.26% | 3.02% | 2.44% | 3.06% | 2.85% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.13% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
QDIV vs. DGRO - Drawdown Comparison
The maximum QDIV drawdown since its inception was -41.20%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for QDIV and DGRO. For additional features, visit the drawdowns tool.
Volatility
QDIV vs. DGRO - Volatility Comparison
The current volatility for Global X S&P 500 Quality Dividend ETF (QDIV) is 2.98%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 3.20%. This indicates that QDIV experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.