QMID vs. QGRW

Last updated Jun 3, 2026

QMID (WisdomTree U.S. MidCap Quality Growth Fund) and QGRW (WisdomTree U.S. Quality 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 QGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Quality Growth Index. Both are passively managed. Over the past year, QMID returned 13.12% vs 38.14% for QGRW. A 0.65 correlation means they provide meaningful diversification when combined. QMID charges 0.38%/yr vs 0.28%/yr for QGRW.

Performance

QMID vs. QGRW - 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. Quality Growth Fund (QGRW). 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 QGRW's 16.64% return.

QMID

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

QGRW

• 1D: -0.29%
• 1M: 10.37%
• YTD: 16.64%
• 6M: 15.80%
• 1Y: 38.14%
• 3Y*: 29.55%
• 5Y*: —
• 10Y*: —

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

QMID vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QMID WisdomTree U.S. MidCap Quality Growth Fund	2.79%	5.02%	9.33%
QGRW WisdomTree U.S. Quality Growth Fund	16.64%	19.20%	28.59%

Correlation

The correlation between QMID and QGRW is 0.62, 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	0.62
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024	0.65

The correlation between QMID and QGRW has been stable across timeframes, ranging from 0.62 to 0.65 - a consistent structural relationship.

QMID vs. QGRW - Sectors Allocation Comparison

Sectors	QMID	QGRW
Industrials	23.6%	8.0%
Consumer Cyclical	18.2%	12.4%
Technology	16.3%	52.1%
Healthcare	14.5%	4.3%
Financial Services	12.5%	4.1%
Consumer Defensive	6.4%	0.5%
Energy	3.3%	0.6%
Communication Services	3.1%	17.8%
Basic Materials	2.1%	-
Real Estate	-	-
Utilities	-	0.4%

Return for Risk

QMID vs. QGRW — 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

QGRW

QGRW Risk / Return Rank: 59
QGRW Sharpe Ratio Rank: 66
QGRW Sortino Ratio Rank: 62
QGRW Omega Ratio Rank: 62
QGRW Calmar Ratio Rank: 51
QGRW Martin Ratio Rank: 56

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. QGRW - 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. Quality Growth Fund (QGRW). 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	QGRW	Difference
Sharpe ratio Return per unit of total volatility	0.88	2.21	-1.33
Sortino ratio Return per unit of downside risk	1.37	2.92	-1.55
Omega ratio Gain probability vs. loss probability	1.15	1.38	-0.22
Calmar ratio Return relative to maximum drawdown	1.20	2.55	-1.35
Martin ratio Return relative to average drawdown	4.13	10.01	-5.89
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. QGRW - Sharpe Ratio Comparison

The current QMID Sharpe Ratio is 0.88, which is lower than the QGRW Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of QMID and QGRW, 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	QGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	2.21	-1.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	1.68	-1.28

Drawdowns

QMID vs. QGRW - Drawdown Comparison

The maximum QMID drawdown since its inception was -24.42%, roughly equal to the maximum QGRW drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for QMID and QGRW.

Drawdown Indicators

	QMID	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-24.42%	-24.40%	-0.02%
Max Drawdown (1Y) Largest decline over 1 year	-10.67%	-15.44%	+4.77%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.40%	—
Current Drawdown Current decline from peak	-1.46%	-0.29%	-1.17%
Average Drawdown Average peak-to-trough decline	-5.49%	-3.26%	-2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	3.94%	-0.82%

Volatility

QMID vs. QGRW - Volatility Comparison

The current volatility for WisdomTree U.S. MidCap Quality Growth Fund (QMID) is 3.77%, while WisdomTree U.S. Quality Growth Fund (QGRW) has a volatility of 4.46%. This indicates that QMID experiences smaller price fluctuations and is considered to be less risky than QGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QMID	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.77%	4.46%	-0.69%
Volatility (6M) Calculated over the trailing 6-month period	10.47%	13.64%	-3.17%
Volatility (1Y) Calculated over the trailing 1-year period	14.97%	17.38%	-2.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.53%	21.08%	-2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.53%	21.08%	-2.55%

QMID vs. QGRW - Expense Ratio Comparison

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

Dividends

QMID vs. QGRW - Dividend Comparison

QMID's dividend yield for the trailing twelve months is around 0.50%, more than QGRW's 0.07% yield.

Position	TTM	2025	2024	2023
QGRW WisdomTree U.S. Quality Growth Fund	0.07%	0.09%	0.14%	0.11%
QMID WisdomTree U.S. MidCap Quality Growth Fund	0.50%	0.51%	1.16%	0.00%

Frequently Asked Questions

Can I hold both QMID and QGRW in my portfolio?

QMID and QGRW have a correlation of 0.62, 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 QGRW?

QGRW has higher volatility (4.46%) compared to QMID (3.77%). In terms of maximum drawdown, QMID dropped -24.42% vs QGRW's -24.40%.

Which ETF is better, QMID or QGRW?

On 1-year performance, QGRW leads with 38.14% vs 13.12% for QMID. On fees, QGRW is cheaper at 0.28% per year. On volatility, QMID has been the lower-risk option at 3.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QMID or QGRW?

Over the 1-year period, QGRW has performed better with a 38.14% 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 QGRW?

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

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

QMID has the higher dividend yield at 0.50%, compared with 0.07% for QGRW.

What is the main difference between QMID and QGRW?

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

Which has better risk-adjusted returns?

QGRW currently has the higher Sharpe Ratio (2.21 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.