QGRW vs. GARP

Last updated Jun 9, 2026

QGRW (WisdomTree U.S. Quality Growth Fund) and GARP (iShares MSCI USA Quality GARP ETF) are both Large Cap Growth Equities funds - QGRW tracks the WisdomTree U.S. Quality Growth Index while GARP tracks the MSCI USA Quality GARP Select Index. Both are passively managed. Over the past 3 years, QGRW returned 27.65%/yr vs 32.09%/yr for GARP. With a 0.96 correlation, they move nearly in lockstep. QGRW charges 0.28%/yr vs 0.15%/yr for GARP.

Performance

QGRW vs. GARP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Quality Growth Fund (QGRW) and iShares MSCI USA Quality GARP ETF (GARP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QGRW achieves a 11.27% return, which is significantly lower than GARP's 17.00% return.

QGRW

• 1D: 0.87%
• 1M: 0.59%
• YTD: 11.27%
• 6M: 10.05%
• 1Y: 29.71%
• 3Y*: 27.65%
• 5Y*: —
• 10Y*: —

GARP

• 1D: 1.23%
• 1M: 3.36%
• YTD: 17.00%
• 6M: 16.58%
• 1Y: 37.42%
• 3Y*: 32.09%
• 5Y*: 19.24%
• 10Y*: —

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

QGRW vs. GARP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QGRW WisdomTree U.S. Quality Growth Fund	11.27%	19.20%	34.85%	56.05%	-3.30%
GARP iShares MSCI USA Quality GARP ETF	17.00%	21.49%	37.42%	42.86%	-3.33%

Correlation

The correlation between QGRW and GARP is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Dec 16, 2022	0.96

The correlation between QGRW and GARP has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

QGRW vs. GARP - Sectors Allocation Comparison

Sectors	QGRW	GARP
Technology	52.1%	56.7%
Communication Services	17.8%	12.0%
Consumer Cyclical	12.4%	6.1%
Industrials	8.0%	6.9%
Healthcare	4.3%	5.4%
Financial Services	4.1%	7.5%
Energy	0.6%	2.7%
Consumer Defensive	0.5%	-
Utilities	0.4%	1.4%
Basic Materials	-	0.9%
Real Estate	-	0.4%

Return for Risk

QGRW vs. GARP — Risk / Return Rank

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

QGRW

QGRW Risk / Return Rank: 50
QGRW Sharpe Ratio Rank: 54
QGRW Sortino Ratio Rank: 50
QGRW Omega Ratio Rank: 52
QGRW Calmar Ratio Rank: 43
QGRW Martin Ratio Rank: 49

GARP

GARP Risk / Return Rank: 65
GARP Sharpe Ratio Rank: 69
GARP Sortino Ratio Rank: 63
GARP Omega Ratio Rank: 64
GARP Calmar Ratio Rank: 61
GARP Martin Ratio Rank: 66

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.

QGRW vs. GARP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Quality Growth Fund (QGRW) and iShares MSCI USA Quality GARP ETF (GARP). 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.

	QGRW	GARP	Difference
Sharpe ratio: Return per unit of total volatility	1.66	2.04	-0.38
Sortino ratio: Return per unit of downside risk	2.22	2.64	-0.42
Omega ratio: Gain probability vs. loss probability	1.29	1.35	-0.05
Calmar ratio: Return relative to maximum drawdown	1.93	2.75	-0.81
Martin ratio: Return relative to average drawdown	7.51	10.94	-3.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QGRW vs. GARP - Sharpe Ratio Comparison

The current QGRW Sharpe Ratio is 1.66, which is comparable to the GARP Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of QGRW and GARP, 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

	QGRW	GARP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	2.04	-0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.57	0.86	+0.71

Drawdowns

QGRW vs. GARP - Drawdown Comparison

The maximum QGRW drawdown since its inception was -24.40%, smaller than the maximum GARP drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for QGRW and GARP.

Drawdown Indicators

	QGRW	GARP	Difference
Max Drawdown Largest peak-to-trough decline	-24.40%	-31.34%	+6.94%
Max Drawdown (1Y) Largest decline over 1 year	-15.44%	-13.69%	-1.75%
Max Drawdown (3Y) Largest decline over 3 years	-24.40%	-23.73%	-0.67%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.61%	—
Current Drawdown Current decline from peak	-4.88%	-4.24%	-0.64%
Average Drawdown Average peak-to-trough decline	-3.26%	-7.36%	+4.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.97%	3.43%	+0.54%

Volatility

QGRW vs. GARP - Volatility Comparison

WisdomTree U.S. Quality Growth Fund (QGRW) and iShares MSCI USA Quality GARP ETF (GARP) have volatilities of 6.50% and 6.79%, 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.

Volatility by Period

	QGRW	GARP	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.50%	6.79%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	14.46%	14.70%	-0.24%
Volatility (1Y) Calculated over the trailing 1-year period	17.99%	18.47%	-0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.19%	22.06%	-0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.19%	23.94%	-2.75%

QGRW vs. GARP - Expense Ratio Comparison

QGRW has a 0.28% expense ratio, which is higher than GARP's 0.15% expense ratio.

Dividends

QGRW vs. GARP - Dividend Comparison

QGRW's dividend yield for the trailing twelve months is around 0.08%, less than GARP's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GARP iShares MSCI USA Quality GARP ETF	0.26%	0.31%	0.38%	0.75%	1.85%	0.67%	0.75%
QGRW WisdomTree U.S. Quality Growth Fund	0.08%	0.09%	0.14%	0.11%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QGRW and GARP in my portfolio?

With a correlation of 0.94, QGRW and GARP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, QGRW or GARP?

GARP has higher volatility (6.79%) compared to QGRW (6.50%). In terms of maximum drawdown, QGRW dropped -24.40% vs GARP's -31.34%.

Which ETF is better, QGRW or GARP?

On 3-year performance, GARP leads with 32.09% vs 27.65% for QGRW. On fees, GARP is cheaper at 0.15% per year. On volatility, QGRW has been the lower-risk option at 6.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QGRW or GARP?

Over the 3-year period, GARP has performed better with a 32.09% return vs 27.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QGRW or GARP?

GARP is cheaper with a 0.15% expense ratio, compared with 0.28% for QGRW.

Which ETF pays a higher dividend yield, QGRW or GARP?

GARP has the higher dividend yield at 0.26%, compared with 0.08% for QGRW.

What is the main difference between QGRW and GARP?

QGRW tracks WisdomTree U.S. Quality Growth Index, while GARP tracks MSCI USA Quality GARP Select Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.28% for QGRW and 0.15% for GARP.

Which has better risk-adjusted returns?

GARP currently has the higher Sharpe Ratio (2.04 vs 1.66), 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.