QMID vs. DGRW

Last updated Jun 3, 2026

QMID (WisdomTree U.S. MidCap Quality Growth Fund) and DGRW (WisdomTree U.S. Dividend Growth Fund) are both exchange-traded funds - QMID is a Mid Cap Growth Equities fund tracking the WisdomTree U.S. MidCap Quality Growth Index, while DGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Dividend Growth Index. Both are passively managed. Over the past year, QMID returned 13.12% vs 22.57% for DGRW. Their correlation of 0.82 suggests significant overlap in exposure. QMID charges 0.38%/yr vs 0.28%/yr for DGRW.

Performance

QMID vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. MidCap Quality Growth Fund (QMID) and WisdomTree U.S. Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QMID achieves a 2.79% return, which is significantly lower than DGRW's 10.01% return.

QMID

• 1D: -0.56%
• 1M: 1.74%
• YTD: 2.79%
• 6M: 2.15%
• 1Y: 13.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DGRW

• 1D: 0.27%
• 1M: 4.42%
• YTD: 10.01%
• 6M: 10.12%
• 1Y: 22.57%
• 3Y*: 16.97%
• 5Y*: 12.52%
• 10Y*: 14.25%

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

QMID vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QMID WisdomTree U.S. MidCap Quality Growth Fund	2.79%	5.02%	9.33%
DGRW WisdomTree U.S. Dividend Growth Fund	10.01%	12.17%	14.43%

Correlation

The correlation between QMID and DGRW is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024	0.82

The correlation between QMID and DGRW has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.

QMID vs. DGRW - Sectors Allocation Comparison

Sectors	QMID	DGRW
Industrials	23.6%	9.9%
Consumer Cyclical	18.2%	7.1%
Technology	16.3%	32.1%
Healthcare	14.5%	12.8%
Financial Services	12.5%	11.3%
Consumer Defensive	6.4%	6.7%
Energy	3.3%	5.0%
Communication Services	3.1%	10.1%
Basic Materials	2.1%	3.3%
Real Estate	-	-
Utilities	-	0.2%

Return for Risk

QMID vs. DGRW — Risk / Return Rank

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

QMID

QMID Risk / Return Rank: 25
QMID Sharpe Ratio Rank: 25
QMID Sortino Ratio Rank: 25
QMID Omega Ratio Rank: 23
QMID Calmar Ratio Rank: 25
QMID Martin Ratio Rank: 28

DGRW

DGRW Risk / Return Rank: 67
DGRW Sharpe Ratio Rank: 69
DGRW Sortino Ratio Rank: 73
DGRW Omega Ratio Rank: 71
DGRW Calmar Ratio Rank: 55
DGRW 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.

QMID vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. MidCap Quality Growth Fund (QMID) 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.

	QMID	DGRW	Difference
Sharpe ratio Return per unit of total volatility	0.88	2.30	-1.42
Sortino ratio Return per unit of downside risk	1.37	3.35	-1.98
Omega ratio Gain probability vs. loss probability	1.15	1.43	-0.27
Calmar ratio Return relative to maximum drawdown	1.20	2.76	-1.56
Martin ratio Return relative to average drawdown	4.13	12.13	-8.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QMID vs. DGRW - Sharpe Ratio Comparison

The current QMID Sharpe Ratio is 0.88, which is lower than the DGRW Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of QMID and DGRW, 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

	QMID	DGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	2.30	-1.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.90	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.86	-0.46

Drawdowns

QMID vs. DGRW - Drawdown Comparison

The maximum QMID drawdown since its inception was -24.42%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for QMID and DGRW.

Drawdown Indicators

	QMID	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-24.42%	-32.04%	+7.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.67%	-8.30%	-2.37%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-1.46%	0.00%	-1.46%
Average Drawdown Average peak-to-trough decline	-5.49%	-3.01%	-2.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	1.89%	+1.23%

Volatility

QMID vs. DGRW - Volatility Comparison

WisdomTree U.S. MidCap Quality Growth Fund (QMID) has a higher volatility of 3.77% compared to WisdomTree U.S. Dividend Growth Fund (DGRW) at 2.34%. This indicates that QMID's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QMID	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.77%	2.34%	+1.43%
Volatility (6M) Calculated over the trailing 6-month period	10.47%	7.61%	+2.86%
Volatility (1Y) Calculated over the trailing 1-year period	14.97%	9.84%	+5.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.53%	13.96%	+4.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.53%	16.21%	+2.32%

QMID vs. DGRW - Expense Ratio Comparison

QMID has a 0.38% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

QMID vs. DGRW - Dividend Comparison

QMID's dividend yield for the trailing twelve months is around 0.50%, less than DGRW's 1.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Dividend Growth Fund	1.26%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
QMID WisdomTree U.S. MidCap Quality Growth Fund	0.50%	0.51%	1.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QMID and DGRW in my portfolio?

QMID and DGRW have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QMID or DGRW?

QMID has higher volatility (3.77%) compared to DGRW (2.34%). In terms of maximum drawdown, QMID dropped -24.42% vs DGRW's -32.04%.

Which ETF is better, QMID or DGRW?

On 1-year performance, DGRW leads with 22.57% vs 13.12% for QMID. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 2.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QMID or DGRW?

Over the 1-year period, DGRW has performed better with a 22.57% return vs 13.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QMID or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.38% for QMID.

Which ETF pays a higher dividend yield, QMID or DGRW?

DGRW has the higher dividend yield at 1.26%, compared with 0.50% for QMID.

What is the main difference between QMID and DGRW?

QMID is categorized as Mid Cap Growth Equities, while DGRW is Large Cap Growth Equities. QMID tracks WisdomTree U.S. MidCap Quality Growth Index, while DGRW tracks WisdomTree U.S. Dividend Growth Index. Their fees differ too: 0.38% for QMID and 0.28% for DGRW.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (2.30 vs 0.88), 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.