QSML vs. DGRW

Last updated Jun 4, 2026

QSML (Wisdomtree U.S. Smallcap Quality Growth Fund) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - QSML is a Small Cap Growth Equities fund tracking the WisdomTree US SmallCap Quality Growth Index - Benchmark TR Gross, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Both are passively managed. Over the past year, QSML returned 21.62% vs 20.79% for DGRW. A 0.78 correlation means they provide meaningful diversification when combined. QSML charges 0.38%/yr vs 0.28%/yr for DGRW.

Performance

QSML vs. DGRW - Performance Comparison

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

Returns By Period

In the year-to-date period, QSML achieves a 8.06% return, which is significantly lower than DGRW's 9.10% return.

QSML

• 1D: -0.96%
• 1M: 2.05%
• YTD: 8.06%
• 6M: 7.79%
• 1Y: 21.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DGRW

• 1D: -0.83%
• 1M: 4.06%
• YTD: 9.10%
• 6M: 8.62%
• 1Y: 20.79%
• 3Y*: 16.64%
• 5Y*: 12.17%
• 10Y*: 14.15%

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

QSML vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QSML Wisdomtree U.S. Smallcap Quality Growth Fund	8.06%	5.49%	10.38%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	9.10%	12.17%	14.43%

Correlation

The correlation between QSML 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	0.78

The correlation between QSML and DGRW has been stable across timeframes, ranging from 0.78 to 0.79 - a consistent structural relationship.

QSML vs. DGRW - Sectors Allocation Comparison

Sectors	QSML	DGRW
Technology	18.4%	32.1%
Industrials	17.9%	9.9%
Consumer Cyclical	16.2%	7.1%
Financial Services	13.2%	11.3%
Healthcare	10.4%	12.8%
Energy	9.5%	5.0%
Consumer Defensive	7.4%	6.7%
Communication Services	3.3%	10.1%
Basic Materials	3.2%	3.3%
Real Estate	0.3%	-
Utilities	0.2%	0.2%

Return for Risk

QSML vs. DGRW — Risk / Return Rank

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

QSML

QSML Risk / Return Rank: 37
QSML Sharpe Ratio Rank: 34
QSML Sortino Ratio Rank: 37
QSML Omega Ratio Rank: 32
QSML Calmar Ratio Rank: 41
QSML Martin Ratio Rank: 42

DGRW

DGRW Risk / Return Rank: 60
DGRW Sharpe Ratio Rank: 61
DGRW Sortino Ratio Rank: 65
DGRW Omega Ratio Rank: 63
DGRW Calmar Ratio Rank: 50
DGRW Martin Ratio Rank: 61

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.

QSML vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wisdomtree U.S. Smallcap Quality Growth Fund (QSML) and WisdomTree U.S. Quality 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.

	QSML	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.12	-0.87
Sortino ratio: Return per unit of downside risk	1.92	3.09	-1.17
Omega ratio: Gain probability vs. loss probability	1.22	1.39	-0.18
Calmar ratio: Return relative to maximum drawdown	2.03	2.52	-0.49
Martin ratio: Return relative to average drawdown	6.71	11.03	-4.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QSML vs. DGRW - Sharpe Ratio Comparison

The current QSML Sharpe Ratio is 1.25, which is lower than the DGRW Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of QSML 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

	QSML	DGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	2.12	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.88	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.86	-0.36

Drawdowns

QSML vs. DGRW - Drawdown Comparison

The maximum QSML drawdown since its inception was -28.54%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for QSML and DGRW.

Drawdown Indicators

	QSML	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-28.54%	-32.04%	+3.50%
Max Drawdown (1Y) Largest decline over 1 year	-10.72%	-8.30%	-2.42%
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	-1.10%	-0.83%	-0.27%
Average Drawdown Average peak-to-trough decline	-5.98%	-3.01%	-2.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	1.89%	+1.34%

Volatility

QSML vs. DGRW - Volatility Comparison

Wisdomtree U.S. Smallcap Quality Growth Fund (QSML) has a higher volatility of 4.35% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 2.47%. This indicates that QSML'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

	QSML	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	2.47%	+1.88%
Volatility (6M) Calculated over the trailing 6-month period	11.86%	7.64%	+4.22%
Volatility (1Y) Calculated over the trailing 1-year period	17.46%	9.88%	+7.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.86%	13.97%	+6.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.86%	16.21%	+4.65%

QSML vs. DGRW - Expense Ratio Comparison

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

Dividends

QSML vs. DGRW - Dividend Comparison

QSML's dividend yield for the trailing twelve months is around 0.58%, less than DGRW's 1.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.27%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
QSML Wisdomtree U.S. Smallcap Quality Growth Fund	0.58%	0.62%	0.32%	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 QSML and DGRW in my portfolio?

QSML 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, QSML or DGRW?

QSML has higher volatility (4.35%) compared to DGRW (2.47%). In terms of maximum drawdown, QSML dropped -28.54% vs DGRW's -32.04%.

Which ETF is better, QSML or DGRW?

On 1-year performance, QSML leads with 21.62% vs 20.79% for DGRW. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 2.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QSML or DGRW?

Over the 1-year period, QSML has performed better with a 21.62% return vs 20.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QSML or DGRW?

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

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

DGRW has the higher dividend yield at 1.27%, compared with 0.58% for QSML.

What is the main difference between QSML and DGRW?

QSML is categorized as Small Cap Growth Equities, while DGRW is Dividend. QSML tracks WisdomTree US SmallCap Quality Growth Index - Benchmark TR Gross, while DGRW tracks WisdomTree U.S. Quality Dividend Growth Index. Their fees differ too: 0.38% for QSML and 0.28% for DGRW.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (2.12 vs 1.25), 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.