WDAF vs. DGRW

Last updated Jun 4, 2026

WDAF (WisdomTree Asia Defense Fund) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - WDAF is a Aerospace & Defense fund tracking the WisdomTree Asia Defense Index, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. Both are passively managed. At a 0.44 correlation, their price movements are largely independent. WDAF charges 0.45%/yr vs 0.28%/yr for DGRW.

Performance

WDAF vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Asia Defense Fund (WDAF) 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, WDAF achieves a 11.85% return, which is significantly higher than DGRW's 9.10% return.

WDAF

• 1D: -1.56%
• 1M: -13.31%
• YTD: 11.85%
• 6M: 16.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 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)

WDAF vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025
WDAF WisdomTree Asia Defense Fund	11.85%	-7.62%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	9.10%	1.60%

Correlation

The correlation between WDAF and DGRW is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025	0.44

Return for Risk

WDAF vs. DGRW — Risk / Return Rank

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

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.

WDAF vs. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Asia Defense Fund (WDAF) 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.

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

Sharpe Ratios by Period

	WDAF	DGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.12	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.88	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.86	-0.71

Drawdowns

WDAF vs. DGRW - Drawdown Comparison

The maximum WDAF drawdown since its inception was -18.21%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for WDAF and DGRW.

Drawdown Indicators

	WDAF	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-18.21%	-32.04%	+13.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-16.06%	-0.83%	-15.23%
Average Drawdown Average peak-to-trough decline	-6.09%	-3.01%	-3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.89%	—

Volatility

Volatility by Period

	WDAF	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.10%	9.88%	+22.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.10%	13.97%	+18.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.10%	16.21%	+15.89%

WDAF vs. DGRW - Expense Ratio Comparison

WDAF has a 0.45% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

WDAF vs. DGRW - Dividend Comparison

WDAF's dividend yield for the trailing twelve months is around 0.12%, less 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%
WDAF WisdomTree Asia Defense Fund	0.12%	0.13%	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 WDAF and DGRW in my portfolio?

WDAF and DGRW have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDAF 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, WDAF or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.45% for WDAF.

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

DGRW has the higher dividend yield at 1.27%, compared with 0.12% for WDAF.

What is the main difference between WDAF and DGRW?

WDAF is categorized as Aerospace & Defense, while DGRW is Dividend. WDAF tracks WisdomTree Asia Defense Index, while DGRW tracks WisdomTree U.S. Quality Dividend Growth Index. Their fees differ too: 0.45% for WDAF and 0.28% for DGRW.