USMF vs. DGRW

Last updated Jun 4, 2026

USMF (WisdomTree US Multifactor Fund) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - USMF is a Mid Cap Blend Equities fund tracking the WisdomTree US Multifactor Index, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Both are passively managed. Over the past 5 years, USMF returned 7.67%/yr vs 12.17%/yr for DGRW. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.28% expense ratio.

Performance

USMF vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree US Multifactor Fund (USMF) 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, USMF achieves a 4.36% return, which is significantly lower than DGRW's 9.10% return.

USMF

• 1D: -0.56%
• 1M: 3.76%
• YTD: 4.36%
• 6M: 4.80%
• 1Y: 6.28%
• 3Y*: 14.13%
• 5Y*: 7.67%
• 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)

USMF vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
USMF WisdomTree US Multifactor Fund	4.36%	4.60%	19.65%	13.47%	-8.82%	21.26%	12.01%	24.06%	-4.72%	11.27%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	9.10%	12.17%	16.98%	18.66%	-6.33%	24.46%	13.87%	29.54%	-5.38%	13.49%

Correlation

The correlation between USMF and DGRW is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Aug 25, 2017	0.85

The correlation between USMF and DGRW shifts across timeframes, from 0.72 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.

USMF vs. DGRW - Sectors Allocation Comparison

Sectors	USMF	DGRW
Technology	35.6%	32.1%
Financial Services	11.8%	11.3%
Consumer Cyclical	11.1%	7.1%
Communication Services	10.3%	10.1%
Healthcare	9.3%	12.8%
Industrials	7.8%	9.9%
Consumer Defensive	5.2%	6.7%
Energy	4.1%	5.0%
Real Estate	2.0%	-
Utilities	2.0%	0.2%
Basic Materials	0.9%	3.3%

Return for Risk

USMF vs. DGRW — Risk / Return Rank

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

USMF

USMF Risk / Return Rank: 19
USMF Sharpe Ratio Rank: 18
USMF Sortino Ratio Rank: 17
USMF Omega Ratio Rank: 17
USMF Calmar Ratio Rank: 22
USMF Martin Ratio Rank: 23

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.

USMF vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US Multifactor Fund (USMF) 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.

	USMF	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	0.58	2.12	-1.53
Sortino ratio: Return per unit of downside risk	0.89	3.09	-2.20
Omega ratio: Gain probability vs. loss probability	1.10	1.39	-0.29
Calmar ratio: Return relative to maximum drawdown	0.98	2.52	-1.54
Martin ratio: Return relative to average drawdown	2.93	11.03	-8.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USMF vs. DGRW - Sharpe Ratio Comparison

The current USMF Sharpe Ratio is 0.58, which is lower than the DGRW Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of USMF 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

	USMF	DGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.58	2.12	-1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.88	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.86	-0.23

Drawdowns

USMF vs. DGRW - Drawdown Comparison

The maximum USMF drawdown since its inception was -36.24%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for USMF and DGRW.

Drawdown Indicators

	USMF	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-36.24%	-32.04%	-4.20%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-8.30%	+1.83%
Max Drawdown (3Y) Largest decline over 3 years	-15.39%	-16.21%	+0.82%
Max Drawdown (5Y) Largest decline over 5 years	-18.10%	-17.27%	-0.83%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-0.56%	-0.83%	+0.27%
Average Drawdown Average peak-to-trough decline	-4.16%	-3.01%	-1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	1.89%	+0.26%

Volatility

USMF vs. DGRW - Volatility Comparison

The current volatility for WisdomTree US Multifactor Fund (USMF) is 2.30%, while WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has a volatility of 2.47%. This indicates that USMF experiences smaller price fluctuations and is considered to be less risky than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USMF	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.30%	2.47%	-0.17%
Volatility (6M) Calculated over the trailing 6-month period	7.43%	7.64%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	10.79%	9.88%	+0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.27%	13.97%	+0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.97%	16.21%	+0.76%

USMF vs. DGRW - Expense Ratio Comparison

Both USMF and DGRW have an expense ratio of 0.28%.

Dividends

USMF vs. DGRW - Dividend Comparison

USMF's dividend yield for the trailing twelve months is around 1.32%, more 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%
USMF WisdomTree US Multifactor Fund	1.32%	1.37%	1.22%	1.33%	1.74%	1.42%	1.34%	1.38%	1.45%	0.67%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USMF and DGRW in my portfolio?

USMF and DGRW have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USMF or DGRW?

DGRW has higher volatility (2.47%) compared to USMF (2.30%). In terms of maximum drawdown, USMF dropped -36.24% vs DGRW's -32.04%.

Which ETF is better, USMF or DGRW?

On 5-year performance, DGRW leads with 12.17% vs 7.67% for USMF. Both ETFs have the same 0.28% expense ratio. On volatility, USMF has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USMF or DGRW?

Over the 5-year period, DGRW has performed better with a 12.17% return vs 7.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USMF or DGRW?

USMF and DGRW have the same expense ratio: 0.28% per year.

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

USMF has the higher dividend yield at 1.32%, compared with 1.27% for DGRW.

What is the main difference between USMF and DGRW?

USMF is categorized as Mid Cap Blend Equities, while DGRW is Dividend. USMF tracks WisdomTree US Multifactor Index, while DGRW tracks WisdomTree U.S. Quality Dividend Growth Index.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (2.12 vs 0.58), 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.