TGRT vs. QGRW
Compare and contrast key facts about T. Rowe Price Growth ETF (TGRT) and WisdomTree U.S. Quality Growth Fund (QGRW).
TGRT and QGRW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TGRT is an actively managed fund by T. Rowe Price. It was launched on Jun 14, 2023. QGRW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. Quality Growth Index. It was launched on Dec 15, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGRT or QGRW.
Key characteristics
| TGRT | QGRW | |
|---|---|---|
| YTD Return | 33.58% | 33.84% |
| 1Y Return | 42.82% | 45.14% |
| Sharpe Ratio | 2.77 | 2.54 |
| Sortino Ratio | 3.59 | 3.25 |
| Omega Ratio | 1.50 | 1.45 |
| Calmar Ratio | 3.83 | 3.31 |
| Martin Ratio | 15.90 | 12.36 |
| Ulcer Index | 2.87% | 3.90% |
| Daily Std Dev | 16.37% | 18.88% |
| Max Drawdown | -11.89% | -14.54% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between TGRT and QGRW is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TGRT vs. QGRW - Performance Comparison
The year-to-date returns for both investments are quite close, with TGRT having a 33.58% return and QGRW slightly higher at 33.84%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TGRT vs. QGRW - Expense Ratio Comparison
TGRT has a 0.38% expense ratio, which is higher than QGRW's 0.28% expense ratio.
Risk-Adjusted Performance
TGRT vs. QGRW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Growth ETF (TGRT) 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.
Dividends
TGRT vs. QGRW - Dividend Comparison
TGRT's dividend yield for the trailing twelve months is around 0.04%, less than QGRW's 0.08% yield.
| TTM | 2023 | |
|---|---|---|
TGRT T. Rowe Price Growth ETF | 0.04% | 0.06% |
QGRW WisdomTree U.S. Quality Growth Fund | 0.08% | 0.11% |
Drawdowns
TGRT vs. QGRW - Drawdown Comparison
The maximum TGRT drawdown since its inception was -11.89%, smaller than the maximum QGRW drawdown of -14.54%. Use the drawdown chart below to compare losses from any high point for TGRT and QGRW. For additional features, visit the drawdowns tool.
Volatility
TGRT vs. QGRW - Volatility Comparison
The current volatility for T. Rowe Price Growth ETF (TGRT) is 5.00%, while WisdomTree U.S. Quality Growth Fund (QGRW) has a volatility of 5.67%. This indicates that TGRT 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.