VHYD.L vs. DGRG.L

Last updated Jun 26, 2026

VHYD.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) and DGRG.L (WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc) are both exchange-traded funds - VHYD.L is a Dividend fund tracking the FTSE All-World High Dividend Yield Index, while DGRG.L is a Large Cap Blend Equities fund tracking the WisdomTree U.S. Quality Dividend Growth UCITS Index. Both are passively managed. Over the past 10 years, VHYD.L returned 10.74%/yr vs 13.92%/yr for DGRG.L. A 0.72 correlation means they provide meaningful diversification when combined. VHYD.L charges 0.29%/yr vs 0.33%/yr for DGRG.L.

Performance

VHYD.L vs. DGRG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) and WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc (DGRG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VHYD.L is traded in USD, while DGRG.L is traded in GBp. To make them comparable, the DGRG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VHYD.L achieves a 11.63% return, which is significantly higher than DGRG.L's 4.69% return. Over the past 10 years, VHYD.L has underperformed DGRG.L with an annualized return of 10.74%, while DGRG.L has yielded a comparatively higher 13.92% annualized return.

VHYD.L

• 1D: 0.78%
• 1M: 0.68%
• YTD: 11.63%
• 6M: 11.86%
• 1Y: 27.04%
• 3Y*: 18.97%
• 5Y*: 10.91%
• 10Y*: 10.74%

DGRG.L

• 1D: -0.36%
• 1M: -0.63%
• YTD: 4.69%
• 6M: 4.63%
• 1Y: 15.88%
• 3Y*: 15.26%
• 5Y*: 11.39%
• 10Y*: 13.92%

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

VHYD.L vs. DGRG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing	11.63%	27.03%	9.32%	11.43%	-5.45%	17.84%	-0.31%	20.75%	-11.71%	19.33%
DGRG.L WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc	4.69%	13.57%	18.13%	18.02%	-8.25%	25.56%	12.09%	29.79%	-6.77%	26.61%

Correlation

The correlation between VHYD.L and DGRG.L is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.72
Correlation (All Time) Calculated using the full available price history since Jun 3, 2016	0.72

The correlation between VHYD.L and DGRG.L has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.

VHYD.L vs. DGRG.L - Sectors Allocation Comparison

Sectors	VHYD.L	DGRG.L
Financial Services	28.2%	10.4%
Industrials	12.2%	11.2%
Healthcare	11.1%	15.8%
Technology	9.5%	29.8%
Energy	8.7%	5.0%
Consumer Defensive	8.5%	8.0%
Consumer Cyclical	7.2%	8.4%
Utilities	5.3%	0.3%
Basic Materials	5.2%	3.2%
Communication Services	3.4%	8.0%
Real Estate	0.8%	-

Return for Risk

VHYD.L vs. DGRG.L — Risk / Return Rank

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

VHYD.L

VHYD.L Risk / Return Rank: 83
VHYD.L Sharpe Ratio Rank: 88
VHYD.L Sortino Ratio Rank: 89
VHYD.L Omega Ratio Rank: 87
VHYD.L Calmar Ratio Rank: 77
VHYD.L Martin Ratio Rank: 76

DGRG.L

DGRG.L Risk / Return Rank: 77
DGRG.L Sharpe Ratio Rank: 80
DGRG.L Sortino Ratio Rank: 79
DGRG.L Omega Ratio Rank: 78
DGRG.L Calmar Ratio Rank: 75
DGRG.L Martin Ratio Rank: 74

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.

VHYD.L vs. DGRG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) and WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc (DGRG.L). 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.

	VHYD.L	DGRG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.50	1.68	+0.82
Sortino ratio: Return per unit of downside risk	3.58	2.54	+1.04
Omega ratio: Gain probability vs. loss probability	1.46	1.30	+0.16
Calmar ratio: Return relative to maximum drawdown	3.48	2.01	+1.47
Martin ratio: Return relative to average drawdown	12.49	8.30	+4.20

VHYD.L vs. DGRG.L - Sharpe Ratio Comparison

The current VHYD.L Sharpe Ratio is 2.50, which is higher than the DGRG.L Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of VHYD.L and DGRG.L, 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

VHYD.L vs. DGRG.L - Drawdown Comparison

The maximum VHYD.L drawdown since its inception was -36.60%, which is greater than DGRG.L's maximum drawdown of -34.45%. Use the drawdown chart below to compare losses from any high point for VHYD.L and DGRG.L.

Drawdown Indicators

	VHYD.L	DGRG.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.60%	-34.45%	-2.15%
Max Drawdown (1Y) Largest decline over 1 year	-7.74%	-7.87%	+0.13%
Max Drawdown (3Y) Largest decline over 3 years	-12.48%	-16.47%	+3.99%
Max Drawdown (5Y) Largest decline over 5 years	-20.89%	-18.43%	-2.46%
Max Drawdown (10Y) Largest decline over 10 years	-36.60%	-31.10%	-5.50%
Current Drawdown Current decline from peak	-1.37%	-1.83%	+0.46%
Average Drawdown Average peak-to-trough decline	-5.30%	-6.93%	+1.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	1.91%	+0.25%

Volatility

VHYD.L vs. DGRG.L - Volatility Comparison

Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) has a higher volatility of 3.33% compared to WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc (DGRG.L) at 2.48%. This indicates that VHYD.L's price experiences larger fluctuations and is considered to be riskier than DGRG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VHYD.L	DGRG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	2.48%	+0.85%
Volatility (6M) Calculated over the trailing 6-month period	8.81%	6.96%	+1.85%
Volatility (1Y) Calculated over the trailing 1-year period	10.80%	9.43%	+1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.65%	13.57%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.27%	14.66%	+0.61%

VHYD.L vs. DGRG.L - Expense Ratio Comparison

VHYD.L has a 0.29% expense ratio, which is lower than DGRG.L's 0.33% expense ratio.

Dividends

VHYD.L vs. DGRG.L - Dividend Comparison

VHYD.L's dividend yield for the trailing twelve months is around 2.55%, while DGRG.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRG.L WisdomTree US Quality Dividend Growth UCITS ETF - USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing	2.55%	2.77%	3.15%	3.31%	3.72%	3.14%	2.90%	3.23%	3.77%	2.96%	3.16%	3.32%

Frequently Asked Questions

Can I hold both VHYD.L and DGRG.L in my portfolio?

VHYD.L and DGRG.L have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VHYD.L or DGRG.L?

On fees, VHYD.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VHYD.L or DGRG.L?

VHYD.L is cheaper with a 0.29% expense ratio, compared with 0.33% for DGRG.L.

What is the main difference between VHYD.L and DGRG.L?

VHYD.L is categorized as Dividend, while DGRG.L is Large Cap Blend Equities. VHYD.L tracks FTSE All-World High Dividend Yield Index, while DGRG.L tracks WisdomTree U.S. Quality Dividend Growth UCITS Index. They also come from different issuers: Vanguard and WisdomTree. Their fees differ too: 0.29% for VHYD.L and 0.33% for DGRG.L.