WINN vs. QGRW

Last updated Aug 2, 2026

WINN (Harbor Long-Term Growers ETF) and QGRW (WisdomTree U.S. Quality Growth Fund) are both exchange-traded funds - WINN is a Large Cap Growth Equities fund actively managed by Harbor, while QGRW is a Quality Factor fund tracking the WisdomTree U.S. Quality Growth Index. WINN is actively managed, while QGRW is passively managed. Over the past 3 years, WINN returned 19.38%/yr vs 24.09%/yr for QGRW. Their 0.97 correlation means they have historically moved very closely together. WINN charges 0.57%/yr vs 0.28%/yr for QGRW.

Performance

WINN vs. QGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Long-Term Growers ETF (WINN) and WisdomTree U.S. Quality Growth Fund (QGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WINN achieves a 4.13% return, which is significantly lower than QGRW's 10.91% return.

WINN

• 1D: 0.93%
• 1M: -0.22%
• 6M: 5.99%
• YTD: 4.13%
• 1Y: 10.70%
• 3Y*: 19.38%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.85%

QGRW

• 1D: 2.15%
• 1M: -0.09%
• 6M: 10.31%
• YTD: 10.91%
• 1Y: 22.76%
• 3Y*: 24.09%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 31.48%

*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)
QGRW WisdomTree U.S. Quality Growth Fund	$11.15M	$14.16M	$19.72M
WINN Harbor Long-Term Growers ETF	$2.47M	$3.46M	$3.57M

WINN vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WINN Harbor Long-Term Growers ETF	4.13%	14.31%	31.64%	52.44%	-6.51%
QGRW WisdomTree U.S. Quality Growth Fund	10.91%	19.20%	34.85%	56.05%	-3.07%

Correlation

The correlation between WINN and QGRW is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.96
Correlation (All Time) Calculated using the full available price history since Dec 15, 2022	0.97

The correlation between WINN and QGRW has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

WINN vs. QGRW - Sectors Allocation Comparison

Sectors	WINN	QGRW
Technology	48.8%	50.7%
Communication Services	13.0%	15.4%
Consumer Cyclical	12.4%	13.4%
Healthcare	9.3%	5.5%
Industrials	7.5%	9.3%
Financial Services	4.7%	3.7%
Consumer Defensive	2.7%	0.5%
Utilities	1.2%	0.9%
Real Estate	0.4%	-
Basic Materials	-	-
Energy	-	0.5%

Return for Risk

WINN vs. QGRW — Risk / Return Rank

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

WINN

WINN Risk / Return Rank: 21
WINN Sharpe Ratio Rank: 22
WINN Sortino Ratio Rank: 22
WINN Omega Ratio Rank: 22
WINN Calmar Ratio Rank: 19
WINN Martin Ratio Rank: 20

QGRW

QGRW Risk / Return Rank: 40
QGRW Sharpe Ratio Rank: 42
QGRW Sortino Ratio Rank: 41
QGRW Omega Ratio Rank: 39
QGRW Calmar Ratio Rank: 38
QGRW Martin Ratio Rank: 41

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.

WINN vs. QGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Long-Term Growers ETF (WINN) and WisdomTree U.S. Quality Growth Fund (QGRW). 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.

	WINN	QGRW	Difference
Sharpe ratio: Return per unit of total volatility	0.48	1.03	-0.55
Sortino ratio: Return per unit of downside risk	0.78	1.50	-0.72
Omega ratio: Gain probability vs. loss probability	1.10	1.19	-0.09
Calmar ratio: Return relative to maximum drawdown	0.47	1.30	-0.83
Martin ratio: Return relative to average drawdown	1.38	4.44	-3.06

WINN vs. QGRW - Sharpe Ratio Comparison

The current WINN Sharpe Ratio is 0.48, which is lower than the QGRW Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of WINN and QGRW, 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

WINN vs. QGRW - Drawdown Comparison

The maximum WINN drawdown since its inception was -32.07%, which is greater than QGRW's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for WINN and QGRW.

Drawdown Indicators

	WINN	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-32.07%	-24.40%	-7.67%
Max Drawdown (1Y) Largest decline over 1 year	-18.06%	-15.44%	-2.62%
Max Drawdown (3Y) Largest decline over 3 years	-23.66%	-24.40%	+0.74%
Current Drawdown Current decline from peak	-4.76%	-5.19%	+0.43%
Average Drawdown Average peak-to-trough decline	-8.93%	-3.34%	-5.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.13%	4.51%	+1.62%

Volatility

WINN vs. QGRW - Volatility Comparison

The current volatility for Harbor Long-Term Growers ETF (WINN) is 4.92%, while WisdomTree U.S. Quality Growth Fund (QGRW) has a volatility of 5.89%. This indicates that WINN experiences smaller price fluctuations and is considered to be less risky than QGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WINN	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	5.89%	-0.97%
Volatility (6M) Calculated over the trailing 6-month period	13.79%	15.87%	-2.08%
Volatility (1Y) Calculated over the trailing 1-year period	17.56%	19.49%	-1.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.64%	21.24%	+2.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.64%	21.24%	+2.40%

WINN vs. QGRW - Expense Ratio Comparison

WINN has a 0.57% expense ratio, which is higher than QGRW's 0.28% expense ratio.

Dividends

WINN vs. QGRW - Dividend Comparison

WINN has not paid dividends to shareholders, while QGRW's dividend yield for the trailing twelve months is around 0.08%.

Position	TTM	2025	2024	2023	2022
QGRW WisdomTree U.S. Quality Growth Fund	0.08%	0.09%	0.14%	0.11%	0.00%
WINN Harbor Long-Term Growers ETF	0.00%	0.00%	0.00%	0.06%	0.06%

Frequently Asked Questions

Can I hold both WINN and QGRW in my portfolio?

With a correlation of 0.96, WINN and QGRW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WINN or QGRW?

QGRW has higher volatility (5.89%) compared to WINN (4.92%). In terms of maximum drawdown, WINN dropped -32.07% vs QGRW's -24.40%.

Which ETF is better, WINN or QGRW?

On 3-year performance, QGRW leads with 24.09% vs 19.38% for WINN. On fees, QGRW is cheaper at 0.28% per year. On volatility, WINN has been the lower-risk option at 4.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WINN or QGRW?

Over the 3-year period, QGRW has performed better with a 24.09% return vs 19.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WINN or QGRW?

QGRW is cheaper with a 0.28% expense ratio, compared with 0.57% for WINN.

Which ETF pays a higher dividend yield, WINN or QGRW?

QGRW has the higher dividend yield at 0.08%, compared with 0.00% for WINN.

What is the main difference between WINN and QGRW?

WINN is categorized as Large Cap Growth Equities, while QGRW is Quality Factor. They also come from different issuers: Harbor and WisdomTree. Their fees differ too: 0.57% for WINN and 0.28% for QGRW.

Which has better risk-adjusted returns?

QGRW currently has the higher Sharpe Ratio (1.03 vs 0.48), 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.