R2SC.L vs. DGRW

Last updated Jun 14, 2026

R2SC.L (SPDR Russell 2000 US Small Cap UCITS ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - R2SC.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Both are passively managed. Over the past 10 years, R2SC.L returned 11.57%/yr vs 14.72%/yr for DGRW. At a 0.47 correlation, their price movements are largely independent. R2SC.L charges 0.30%/yr vs 0.28%/yr for DGRW.

Performance

R2SC.L vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR Russell 2000 US Small Cap UCITS ETF (R2SC.L) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

R2SC.L is traded in GBP, while DGRW is traded in USD. To make them comparable, the DGRW values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, R2SC.L achieves a 19.34% return, which is significantly higher than DGRW's 8.43% return. Over the past 10 years, R2SC.L has underperformed DGRW with an annualized return of 11.57%, while DGRW has yielded a comparatively higher 14.72% annualized return.

R2SC.L

• 1D: 2.39%
• 1M: 3.94%
• YTD: 19.34%
• 6M: 15.53%
• 1Y: 42.90%
• 3Y*: 14.70%
• 5Y*: 7.10%
• 10Y*: 11.57%

DGRW

• 1D: 0.59%
• 1M: -0.57%
• YTD: 8.43%
• 6M: 7.65%
• 1Y: 20.36%
• 3Y*: 13.25%
• 5Y*: 13.11%
• 10Y*: 14.72%

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

R2SC.L vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
R2SC.L SPDR Russell 2000 US Small Cap UCITS ETF	19.34%	4.66%	11.88%	12.16%	-11.55%	15.87%	15.73%	20.67%	-7.45%	4.45%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	8.43%	4.18%	19.03%	12.73%	4.80%	25.64%	10.52%	24.61%	0.23%	15.92%

Correlation

The correlation between R2SC.L and DGRW is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jun 30, 2014	0.47

R2SC.L vs. DGRW - Sectors Allocation Comparison

Sectors	R2SC.L	DGRW
Technology	19.2%	32.1%
Industrials	17.9%	9.9%
Healthcare	16.3%	12.8%
Financial Services	15.5%	11.3%
Consumer Cyclical	7.9%	7.1%
Real Estate	5.9%	-
Energy	5.3%	5.0%
Basic Materials	4.7%	3.3%
Utilities	2.7%	0.2%
Communication Services	2.5%	10.1%
Consumer Defensive	2.2%	6.7%

Return for Risk

R2SC.L vs. DGRW — Risk / Return Rank

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

R2SC.L

R2SC.L Risk / Return Rank: 83
R2SC.L Sharpe Ratio Rank: 85
R2SC.L Sortino Ratio Rank: 83
R2SC.L Omega Ratio Rank: 77
R2SC.L Calmar Ratio Rank: 90
R2SC.L Martin Ratio Rank: 82

DGRW

DGRW Risk / Return Rank: 59
DGRW Sharpe Ratio Rank: 60
DGRW Sortino Ratio Rank: 63
DGRW Omega Ratio Rank: 62
DGRW Calmar Ratio Rank: 49
DGRW Martin Ratio Rank: 60

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.

R2SC.L vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Russell 2000 US Small Cap UCITS ETF (R2SC.L) 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.

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.

	R2SC.L	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	2.40	1.99	+0.41
Sortino ratio: Return per unit of downside risk	3.26	2.70	+0.56
Omega ratio: Gain probability vs. loss probability	1.40	1.37	+0.03
Calmar ratio: Return relative to maximum drawdown	4.80	2.98	+1.81
Martin ratio: Return relative to average drawdown	14.21	11.89	+2.32

R2SC.L vs. DGRW - Sharpe Ratio Comparison

The current R2SC.L Sharpe Ratio is 2.40, which is comparable to the DGRW Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of R2SC.L 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.

Drawdowns

R2SC.L vs. DGRW - Drawdown Comparison

The maximum R2SC.L drawdown since its inception was -44.96%, which is greater than DGRW's maximum drawdown of -23.81%. Use the drawdown chart below to compare losses from any high point for R2SC.L and DGRW.

Drawdown Indicators

	R2SC.L	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-44.96%	-23.81%	-21.15%
Max Drawdown (1Y) Largest decline over 1 year	-8.63%	-6.62%	-2.01%
Max Drawdown (3Y) Largest decline over 3 years	-30.00%	-18.72%	-11.28%
Max Drawdown (5Y) Largest decline over 5 years	-30.00%	-18.72%	-11.28%
Max Drawdown (10Y) Largest decline over 10 years	-35.03%	-23.81%	-11.22%
Current Drawdown Current decline from peak	0.00%	-1.68%	+1.68%
Average Drawdown Average peak-to-trough decline	-13.87%	-2.97%	-10.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	1.66%	+1.26%

Volatility

R2SC.L vs. DGRW - Volatility Comparison

SPDR Russell 2000 US Small Cap UCITS ETF (R2SC.L) has a higher volatility of 5.57% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 3.29%. This indicates that R2SC.L'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

	R2SC.L	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	3.29%	+2.28%
Volatility (6M) Calculated over the trailing 6-month period	12.17%	7.67%	+4.50%
Volatility (1Y) Calculated over the trailing 1-year period	17.39%	9.93%	+7.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.09%	13.47%	+12.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.88%	16.68%	+7.20%

R2SC.L vs. DGRW - Expense Ratio Comparison

R2SC.L has a 0.30% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

R2SC.L vs. DGRW - Dividend Comparison

R2SC.L has not paid dividends to shareholders, while DGRW's dividend yield for the trailing twelve months is around 1.28%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.28%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
R2SC.L SPDR Russell 2000 US Small Cap UCITS ETF	0.00%	0.00%	0.00%	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 R2SC.L and DGRW in my portfolio?

R2SC.L and DGRW have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, R2SC.L or DGRW?

On fees, DGRW is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, R2SC.L or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.30% for R2SC.L.

What is the main difference between R2SC.L and DGRW?

R2SC.L is categorized as Small Cap Blend Equities, while DGRW is Dividend. R2SC.L tracks Russell 2000 TR USD, while DGRW tracks WisdomTree U.S. Quality Dividend Growth Index. They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.30% for R2SC.L and 0.28% for DGRW.