WDIV vs. VIG

Last updated Aug 2, 2026

WDIV (SPDR S&P Global Dividend ETF) and VIG (Vanguard Dividend Appreciation ETF) are both exchange-traded funds - WDIV is a Global Equities fund tracking the S&P Global Dividend Aristocrats Index, while VIG is a Dividend fund tracking the S&P U.S. Dividend Growers Index. Both are passively managed. Over the past 10 years, WDIV returned 7.59%/yr vs 13.03%/yr for VIG. Their 0.72 correlation means they have sometimes moved together and sometimes differently. WDIV charges 0.40%/yr vs 0.04%/yr for VIG.

Performance

WDIV vs. VIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Global Dividend ETF (WDIV) and Vanguard Dividend Appreciation ETF (VIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WDIV achieves a 13.12% return, which is significantly higher than VIG's 9.71% return. Over the past 10 years, WDIV has underperformed VIG with an annualized return of 7.59%, while VIG has yielded a comparatively higher 13.03% annualized return.

WDIV

• 1D: -0.95%
• 1M: 3.48%
• 6M: 7.94%
• YTD: 13.12%
• 1Y: 24.19%
• 3Y*: 17.63%
• 5Y*: 9.32%
• 10Y*: 7.59%
• ALL TIME*: 7.24%

VIG

• 1D: -0.37%
• 1M: 0.23%
• 6M: 7.64%
• YTD: 9.71%
• 1Y: 19.10%
• 3Y*: 14.92%
• 5Y*: 10.43%
• 10Y*: 13.03%
• ALL TIME*: 10.23%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
VIG Vanguard Dividend Appreciation ETF	$229.58M	$245.27M	$258.85M
WDIV SPDR S&P Global Dividend ETF	$1.02M	$920.01K	$626.08K

WDIV vs. VIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WDIV SPDR S&P Global Dividend ETF	13.12%	27.16%	7.61%	8.21%	-6.92%	14.44%	-10.18%	20.12%	-8.81%	19.03%
VIG Vanguard Dividend Appreciation ETF	9.71%	14.17%	16.99%	14.51%	-9.80%	23.76%	15.43%	29.62%	-2.08%	22.22%

Correlation

The correlation between WDIV and VIG is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (10Y) Provides a long-term view across more market conditions.	0.72
Correlation (All Time) Calculated using the full available price history since May 30, 2013	0.72

The correlation between WDIV and VIG has been stable across timeframes, ranging from 0.67 to 0.72 - a consistent structural relationship.

WDIV vs. VIG - Sectors Allocation Comparison

Sectors	WDIV	VIG
Financial Services	22.5%	20.3%
Utilities	13.8%	3.0%
Real Estate	12.8%	-
Industrials	11.8%	11.9%
Communication Services	9.4%	0.5%
Energy	7.1%	3.0%
Consumer Defensive	6.6%	9.2%
Technology	4.6%	26.9%
Consumer Cyclical	4.2%	4.5%
Healthcare	3.9%	17.8%
Basic Materials	3.4%	3.4%

Return for Risk

WDIV vs. VIG — Risk / Return Rank

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

WDIV

WDIV Risk / Return Rank: 86
WDIV Sharpe Ratio Rank: 91
WDIV Sortino Ratio Rank: 92
WDIV Omega Ratio Rank: 91
WDIV Calmar Ratio Rank: 78
WDIV Martin Ratio Rank: 80

VIG

VIG Risk / Return Rank: 75
VIG Sharpe Ratio Rank: 79
VIG Sortino Ratio Rank: 80
VIG Omega Ratio Rank: 77
VIG Calmar Ratio Rank: 66
VIG Martin Ratio Rank: 75

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.

WDIV vs. VIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Dividend ETF (WDIV) and Vanguard Dividend Appreciation ETF (VIG). 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.

	WDIV	VIG	Difference
Sharpe ratio: Return per unit of total volatility	2.34	1.79	+0.56
Sortino ratio: Return per unit of downside risk	3.36	2.58	+0.78
Omega ratio: Gain probability vs. loss probability	1.43	1.32	+0.11
Calmar ratio: Return relative to maximum drawdown	2.75	2.28	+0.47
Martin ratio: Return relative to average drawdown	10.25	9.28	+0.97

WDIV vs. VIG - Sharpe Ratio Comparison

The current WDIV Sharpe Ratio is 2.34, which is higher than the VIG Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of WDIV and VIG, 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

WDIV vs. VIG - Drawdown Comparison

The maximum WDIV drawdown since its inception was -42.34%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for WDIV and VIG.

Drawdown Indicators

	WDIV	VIG	Difference
Max Drawdown Largest peak-to-trough decline	-42.34%	-46.81%	+4.47%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	-7.91%	-0.70%
Max Drawdown (3Y) Largest decline over 3 years	-9.20%	-14.95%	+5.75%
Max Drawdown (5Y) Largest decline over 5 years	-22.12%	-20.39%	-1.73%
Max Drawdown (10Y) Largest decline over 10 years	-42.34%	-31.72%	-10.62%
Current Drawdown Current decline from peak	-0.95%	-1.06%	+0.11%
Average Drawdown Average peak-to-trough decline	-5.79%	-5.47%	-0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	1.94%	+0.37%

Volatility

WDIV vs. VIG - Volatility Comparison

The current volatility for SPDR S&P Global Dividend ETF (WDIV) is 2.48%, while Vanguard Dividend Appreciation ETF (VIG) has a volatility of 2.69%. This indicates that WDIV experiences smaller price fluctuations and is considered to be less risky than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WDIV	VIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.48%	2.69%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	8.34%	7.61%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	10.14%	10.14%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.72%	14.20%	-1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.14%	16.02%	-0.88%

WDIV vs. VIG - Expense Ratio Comparison

WDIV has a 0.40% expense ratio, which is higher than VIG's 0.04% expense ratio.

Dividends

WDIV vs. VIG - Dividend Comparison

WDIV's dividend yield for the trailing twelve months is around 4.10%, more than VIG's 1.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VIG Vanguard Dividend Appreciation ETF	1.50%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%
WDIV SPDR S&P Global Dividend ETF	4.10%	4.27%	4.63%	4.73%	5.12%	4.15%	5.55%	3.99%	4.42%	3.62%	4.32%	5.03%

Frequently Asked Questions

Can I hold both WDIV and VIG in my portfolio?

WDIV and VIG have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WDIV or VIG?

VIG has higher volatility (2.69%) compared to WDIV (2.48%). In terms of maximum drawdown, WDIV dropped -42.34% vs VIG's -46.81%.

Which ETF is better, WDIV or VIG?

On 10-year performance, VIG leads with 13.03% vs 7.59% for WDIV. On fees, VIG is cheaper at 0.04% per year. On volatility, WDIV has been the lower-risk option at 2.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WDIV or VIG?

Over the 10-year period, VIG has performed better with a 13.03% return vs 7.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WDIV or VIG?

VIG is cheaper with a 0.04% expense ratio, compared with 0.40% for WDIV.

Which ETF pays a higher dividend yield, WDIV or VIG?

WDIV has the higher dividend yield at 4.10%, compared with 1.50% for VIG.

What is the main difference between WDIV and VIG?

WDIV is categorized as Global Equities, while VIG is Dividend. WDIV tracks S&P Global Dividend Aristocrats Index, while VIG tracks S&P U.S. Dividend Growers Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.40% for WDIV and 0.04% for VIG.

Which has better risk-adjusted returns?

WDIV currently has the higher Sharpe Ratio (2.34 vs 1.79), 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.