QGRW vs. IWY
Compare and contrast key facts about WisdomTree U.S. Quality Growth Fund (QGRW) and iShares Russell Top 200 Growth ETF (IWY).
QGRW and IWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QGRW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. Quality Growth Index. It was launched on Dec 15, 2022. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. Both QGRW and IWY 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: QGRW or IWY.
Performance
QGRW vs. IWY - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with QGRW having a 32.09% return and IWY slightly lower at 30.97%.
QGRW
32.09%
3.30%
15.08%
38.21%
N/A
N/A
IWY
30.97%
1.58%
14.42%
35.71%
20.86%
17.45%
Key characteristics
| QGRW | IWY | |
|---|---|---|
| Sharpe Ratio | 2.05 | 2.09 |
| Sortino Ratio | 2.68 | 2.73 |
| Omega Ratio | 1.37 | 1.38 |
| Calmar Ratio | 2.66 | 2.62 |
| Martin Ratio | 9.89 | 9.93 |
| Ulcer Index | 3.91% | 3.65% |
| Daily Std Dev | 18.90% | 17.32% |
| Max Drawdown | -14.54% | -32.68% |
| Current Drawdown | -1.31% | -1.57% |
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QGRW vs. IWY - Expense Ratio Comparison
QGRW has a 0.28% expense ratio, which is higher than IWY's 0.20% expense ratio.
Correlation
The correlation between QGRW and IWY is 0.98, 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.
Risk-Adjusted Performance
QGRW vs. IWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Quality Growth Fund (QGRW) and iShares Russell Top 200 Growth ETF (IWY). 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
QGRW vs. IWY - Dividend Comparison
QGRW's dividend yield for the trailing twelve months is around 0.08%, less than IWY's 0.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QGRW WisdomTree U.S. Quality Growth Fund | 0.08% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWY iShares Russell Top 200 Growth ETF | 0.50% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% | 1.56% |
Drawdowns
QGRW vs. IWY - Drawdown Comparison
The maximum QGRW drawdown since its inception was -14.54%, smaller than the maximum IWY drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for QGRW and IWY. For additional features, visit the drawdowns tool.
Volatility
QGRW vs. IWY - Volatility Comparison
WisdomTree U.S. Quality Growth Fund (QGRW) has a higher volatility of 5.83% compared to iShares Russell Top 200 Growth ETF (IWY) at 5.47%. This indicates that QGRW's price experiences larger fluctuations and is considered to be riskier than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.