QGRW vs. SPYG

Last updated Aug 2, 2026

QGRW (WisdomTree U.S. Quality Growth Fund) and SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) are both exchange-traded funds - QGRW is a Quality Factor fund tracking the WisdomTree U.S. Quality Growth Index, while SPYG is a S&P 500 fund tracking the S&P 500 Growth Index. Both are passively managed. Over the past 3 years, QGRW returned 24.09%/yr vs 24.04%/yr for SPYG. Their 0.97 correlation means they have historically moved very closely together. QGRW charges 0.28%/yr vs 0.04%/yr for SPYG.

Performance

QGRW vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Quality Growth Fund (QGRW) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QGRW achieves a 10.91% return, which is significantly higher than SPYG's 10.06% return.

QGRW

• 1D: 2.15%
• 1M: -0.09%
• 6M: 10.31%
• YTD: 10.91%
• 1Y: 22.76%
• 3Y*: 24.09%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 31.48%

SPYG

• 1D: 1.45%
• 1M: -0.05%
• 6M: 9.50%
• YTD: 10.06%
• 1Y: 21.72%
• 3Y*: 24.04%
• 5Y*: 13.28%
• 10Y*: 17.38%
• ALL TIME*: 7.45%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QGRW WisdomTree U.S. Quality Growth Fund	$11.15M	$14.16M	$19.72M
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	$321.11M	$273.47M	$308.09M

QGRW vs. SPYG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QGRW WisdomTree U.S. Quality Growth Fund	10.91%	19.20%	34.85%	56.05%	-3.07%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	10.06%	22.09%	35.99%	30.02%	-5.54%

Correlation

The correlation between QGRW and SPYG is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.98
Correlation (3Y) Balances recent behavior with more history.	0.98
Correlation (All Time) Calculated using the full available price history since Dec 15, 2022	0.97

The correlation between QGRW and SPYG has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

QGRW vs. SPYG - Sectors Allocation Comparison

Sectors	QGRW	SPYG
Technology	50.7%	52.3%
Communication Services	15.4%	15.6%
Consumer Cyclical	13.4%	8.6%
Industrials	9.3%	6.4%
Healthcare	5.5%	6.2%
Financial Services	3.7%	8.7%
Utilities	0.9%	0.4%
Consumer Defensive	0.5%	1.0%
Energy	0.5%	0.1%
Basic Materials	-	0.3%
Real Estate	-	0.6%

Return for Risk

QGRW vs. SPYG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QGRW

QGRW Risk / Return Rank: 40
QGRW Sharpe Ratio Rank: 42
QGRW Sortino Ratio Rank: 41
QGRW Omega Ratio Rank: 39
QGRW Calmar Ratio Rank: 38
QGRW Martin Ratio Rank: 41

SPYG

SPYG Risk / Return Rank: 43
SPYG Sharpe Ratio Rank: 44
SPYG Sortino Ratio Rank: 44
SPYG Omega Ratio Rank: 41
SPYG Calmar Ratio Rank: 40
SPYG Martin Ratio Rank: 46

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QGRW vs. SPYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Quality Growth Fund (QGRW) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QGRW	SPYG	Difference
Sharpe ratio: Return per unit of total volatility	1.03	1.08	-0.05
Sortino ratio: Return per unit of downside risk	1.50	1.58	-0.08
Omega ratio: Gain probability vs. loss probability	1.19	1.19	-0.01
Calmar ratio: Return relative to maximum drawdown	1.30	1.42	-0.12
Martin ratio: Return relative to average drawdown	4.44	5.17	-0.73

QGRW vs. SPYG - Sharpe Ratio Comparison

The current QGRW Sharpe Ratio is 1.03, which is comparable to the SPYG Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of QGRW and SPYG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QGRW vs. SPYG - Drawdown Comparison

The maximum QGRW drawdown since its inception was -24.40%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for QGRW and SPYG.

Drawdown Indicators

	QGRW	SPYG	Difference
Max Drawdown Largest peak-to-trough decline	-24.40%	-67.63%	+43.23%
Max Drawdown (1Y) Largest decline over 1 year	-15.44%	-13.76%	-1.68%
Max Drawdown (3Y) Largest decline over 3 years	-24.40%	-22.14%	-2.26%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.67%	—
Current Drawdown Current decline from peak	-5.19%	-4.33%	-0.86%
Average Drawdown Average peak-to-trough decline	-3.34%	-24.20%	+20.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.51%	3.78%	+0.73%

Volatility

QGRW vs. SPYG - Volatility Comparison

WisdomTree U.S. Quality Growth Fund (QGRW) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) have volatilities of 5.89% and 6.08%, 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	SPYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	6.08%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	15.87%	14.85%	+1.02%
Volatility (1Y) Calculated over the trailing 1-year period	19.49%	18.18%	+1.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.24%	21.50%	-0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.24%	20.79%	+0.45%

QGRW vs. SPYG - Expense Ratio Comparison

QGRW has a 0.28% expense ratio, which is higher than SPYG's 0.04% expense ratio.

Dividends

QGRW vs. SPYG - Dividend Comparison

QGRW's dividend yield for the trailing twelve months is around 0.08%, less than SPYG's 0.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QGRW WisdomTree U.S. Quality Growth Fund	0.08%	0.09%	0.14%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.49%	0.52%	0.60%	1.15%	1.03%	0.62%	0.90%	1.37%	1.51%	1.41%	1.55%	1.57%

Frequently Asked Questions

Can I hold both QGRW and SPYG in my portfolio?

With a correlation of 0.98, QGRW and SPYG 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 SPYG?

SPYG has higher volatility (6.08%) compared to QGRW (5.89%). In terms of maximum drawdown, QGRW dropped -24.40% vs SPYG's -67.63%.

Which ETF is better, QGRW or SPYG?

On 3-year performance, QGRW leads with 24.09% vs 24.04% for SPYG. On fees, SPYG is cheaper at 0.04% per year. On volatility, QGRW has been the lower-risk option at 5.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QGRW or SPYG?

Over the 3-year period, QGRW has performed better with a 24.09% return vs 24.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QGRW or SPYG?

SPYG is cheaper with a 0.04% expense ratio, compared with 0.28% for QGRW.

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

SPYG has the higher dividend yield at 0.49%, compared with 0.08% for QGRW.

What is the main difference between QGRW and SPYG?

QGRW is categorized as Quality Factor, while SPYG is S&P 500. QGRW tracks WisdomTree U.S. Quality Growth Index, while SPYG tracks S&P 500 Growth Index. They also come from different issuers: WisdomTree and State Street. Their fees differ too: 0.28% for QGRW and 0.04% for SPYG.

Which has better risk-adjusted returns?

SPYG currently has the higher Sharpe Ratio (1.08 vs 1.03), 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.