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VGRO vs. QWLD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VGRO vs. QWLD

Last updated Jul 30, 2026
Documentation

VGRO (Virtus Silvant Growth Opportunities ETF) and QWLD (SPDR MSCI World StrategicFactors ETF) are both Large Cap Growth Equities funds. VGRO is actively managed, while QWLD is passively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. VGRO charges 0.35%/yr vs 0.30%/yr for QWLD.

Performance

VGRO vs. QWLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Silvant Growth Opportunities ETF (VGRO) and SPDR MSCI World StrategicFactors ETF (QWLD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VGRO achieves a -3.29% return, which is significantly lower than QWLD's 8.42% return.

VGRO

1D
-1.60%
1M
-4.62%
6M
-2.34%
YTD
-3.29%
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

QWLD

1D
-0.74%
1M
1.69%
6M
5.62%
YTD
8.42%
1Y
16.07%
3Y*
14.93%
5Y*
9.83%
10Y*
11.47%
ALL TIME*
10.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

QWLD

SPDR MSCI World StrategicFactors ETF
$180.82K$267.91K$1.04M

VGRO

Virtus Silvant Growth Opportunities ETF
$13.12K$11.58K$24.68K

VGRO vs. QWLD - Yearly Performance Comparison

2026 (YTD)2025
VGRO
Virtus Silvant Growth Opportunities ETF		-3.29%-0.88%
QWLD
SPDR MSCI World StrategicFactors ETF		8.42%0.00%

Correlation

The correlation between VGRO and QWLD is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (All Time)
Calculated using the full available price history since Dec 23, 2025

0.69

VGRO vs. QWLD - Sectors Allocation Comparison

Sectors
VGRO
QWLD

Technology

48.7%
24.9%

Communication Services

20.1%
9.5%

Industrials

9.5%
10.9%

Consumer Cyclical

7.8%
6.3%

Healthcare

7.3%
13.2%

Utilities

4.7%
3.8%

Financial Services

4.2%
16.5%

Basic Materials

1.5%
2.5%

Consumer Defensive

-

8.1%

Energy

-

3.4%

Real Estate

-

1.0%

Technology

VGRO
48.7%
QWLD
24.9%

Communication Services

VGRO
20.1%
QWLD
9.5%

Industrials

VGRO
9.5%
QWLD
10.9%

Consumer Cyclical

VGRO
7.8%
QWLD
6.3%

Healthcare

VGRO
7.3%
QWLD
13.2%

Utilities

VGRO
4.7%
QWLD
3.8%

Financial Services

VGRO
4.2%
QWLD
16.5%

Basic Materials

VGRO
1.5%
QWLD
2.5%

Consumer Defensive

VGRO

-

QWLD
8.1%

Energy

VGRO

-

QWLD
3.4%

Real Estate

VGRO

-

QWLD
1.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Virtus Silvant Growth Opportunities ETF

SPDR MSCI World StrategicFactors ETF

Often compared with VGRO:
VGRO vs. SCHGVGRO vs. DGROVGRO vs. VUGVGRO vs. ILCBVGRO vs. DARPVGRO vs. PBUSVGRO vs. LRNZ
Often compared with QWLD:
QWLD vs. URTHQWLD vs. DGTQWLD vs. SPGMQWLD vs. VTQWLD vs. VWICXQWLD vs. JPGL.LQWLD vs. QVML

Return for Risk

VGRO vs. QWLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
VGRO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QWLD
QWLD Risk / Return Rank: 7171
Overall Rank
QWLD Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
QWLD Sortino Ratio Rank: 7474
Sortino Ratio Rank
QWLD Omega Ratio Rank: 7171
Omega Ratio Rank
QWLD Calmar Ratio Rank: 6161
Calmar Ratio Rank
QWLD Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VGRO vs. QWLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Silvant Growth Opportunities ETF (VGRO) and SPDR MSCI World StrategicFactors ETF (QWLD). 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.

VGROQWLDDifference
Sharpe ratioReturn per unit of total volatility

—

1.66

—

Sortino ratioReturn per unit of downside risk

—

2.38

—

Omega ratioGain probability vs. loss probability

—

1.29

—

Calmar ratioReturn relative to maximum drawdown

—

2.11

—

Martin ratioReturn relative to average drawdown

—

9.20

—

VGRO vs. QWLD - Sharpe Ratio Comparison

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Drawdowns

VGRO vs. QWLD - Drawdown Comparison

The maximum VGRO drawdown since its inception was -15.49%, smaller than the maximum QWLD drawdown of -31.89%. Use the drawdown chart below to compare losses from any high point for VGRO and QWLD.

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Drawdown Indicators

VGROQWLDDifference

Max Drawdown

Largest peak-to-trough decline

-15.49%

-31.89%

+16.40%

Max Drawdown (1Y)

Largest decline over 1 year

—

-7.66%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-12.40%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-22.84%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-31.89%

—

Current Drawdown

Current decline from peak

-10.63%

-0.74%

-9.89%

Average Drawdown

Average peak-to-trough decline

-4.79%

-3.67%

-1.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.76%

—

Volatility

VGRO vs. QWLD - Volatility Comparison

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Volatility by Period

VGROQWLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

2.23%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

7.75%

—

Volatility (1Y)

Calculated over the trailing 1-year period

19.46%

9.71%

+9.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.46%

13.51%

+5.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.46%

15.12%

+4.34%

VGRO vs. QWLD - Expense Ratio Comparison

VGRO has a 0.35% expense ratio, which is higher than QWLD's 0.30% expense ratio.

Dividends

VGRO vs. QWLD - Dividend Comparison

VGRO has not paid dividends to shareholders, while QWLD's dividend yield for the trailing twelve months is around 1.80%.

PositionTTM20252024202320222021202020192018201720162015
QWLD
SPDR MSCI World StrategicFactors ETF		1.80%1.85%1.74%1.78%2.02%1.77%1.77%2.13%2.33%2.73%2.22%3.42%
VGRO
Virtus Silvant Growth Opportunities 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

VGRO and QWLD have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QWLD is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QWLD is cheaper with a 0.30% expense ratio, compared with 0.35% for VGRO.

QWLD has the higher dividend yield at 1.80%, compared with 0.00% for VGRO.

They also come from different issuers: Virtus and State Street. Their fees differ too: 0.35% for VGRO and 0.30% for QWLD.

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