Data as of Oct 28, 2026.

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DGRW vs GARP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DGRW returned +11.1% to GARP's +18.0%; 36% of their weight is in the same names.

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Net assets: $16.6bn on Jun 30, 2026 for WisdomTree U.S. Quality Dividend Growth Fund, and $3.6bn on Oct 27, 2026 for iShares MSCI USA Quality GARP ETF.

At a glance
+11.1%
DGRW total return, 1 year
+18.0%
GARP total return, 1 year
0.28%
DGRW expense ratio
0.15%
GARP expense ratio

Pair scorecard

GARP costs 0.13 points a year less; their one-year returns differ by 6.9 points.

DGRW vs GARP: Differences, Returns & Fees
MeasureDGRWGARP
Return
Total return, 1 year+11.1%+18.0%
Drawdown
Below its high7.0%, high on Oct 6, 2026
Benchmark
What it tracksWisdomTree U.S. Quality Dividend Growth IndexMSCI USA Quality GARP Select Index
Cost and size
Expense ratio0.28%0.15%
Net assets, DGRW as of Jun 30, 2026 and GARP as of Oct 27, 2026$16.6bn$3.6bn
Holdings
Holdings in common36%
Top ten holdings, share of the fund36.1%43.5%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method

Risk and return

Jan 24, 2020 to Oct 23, 2026 · 352 weekly returns
DGRW GARP
Return
Total return edge GARP +126.0% +232.4%
Annualized edge GARP +12.8% +19.4%
Price return edge GARP +100.2% +215.4%
Risk
Volatility edge DGRW 16.8% 22.3%
Max drawdown edge Tie −29.8% −30.1%
Downside capture 92.1% 109.0%
Beta 0.89 1.10
Risk-adjusted
Sharpe edge GARP 0.63 0.78
Sortino edge GARP 0.89 1.16
Treynor 0.128 0.157
Calmar edge GARP 0.43 0.65
Against the benchmark
Alpha +0.2% a year +3.4% a year
Alpha t-stat 0.19 1.15
Information ratio −0.29 0.59
Tracking error 4.0% 7.9%

Each against its own benchmark: DGRW against VOO, May 31, 2013 to Oct 23, 2026; GARP against PBUS, Jan 24, 2020 to Oct 23, 2026.

Reading

GARP returned more: +232.4% to +126.0%. DGRW swung less: 16.8% to 22.3%. DGRW and GARP fell about the same at their worst: −29.8% and −30.1%.

Full scorecard

19 measures, with how each is measured
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Risk and return: DGRW vs GARP: Differences, Returns & Fees
MeasureDGRWGARPEdgeHow it is measured
Return
Total return+126.0%+232.4%GARPPrice change plus distributions, reinvested.
Annualized+12.8%+19.4%GARPTotal return as a yearly rate.
Price return+100.2%+215.4%GARPPrice change alone, distributions left out.
Risk
Volatility16.8%22.3%DGRWSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.8%14.9%DGRWLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−29.8%−30.1%TieDeepest fall from a high to the low after it.
Upside capture85.5%133.9%Share of its benchmark's rise caught in the weeks it rose.
Downside capture92.1%109.0%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.891.10Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.940.88Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.630.78GARPReturn above Treasury bills per unit of volatility.
Sortino0.891.16GARPReturn above Treasury bills per unit of downside deviation.
Treynor0.1280.157Return above Treasury bills per unit of beta.
Calmar0.430.65GARPAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVOOPBUSThe ETF each fund is measured against.
Alpha+0.2% a year+3.4% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.191.15Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−1.7% to +2.1%−2.4% to +9.2%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.290.59Return against its benchmark per unit of tracking error.
Tracking error4.0%7.9%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 352 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

36%

By the books each fund has filed, DGRW and GARP hold 36% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

0 half 100%

half

36% in common

Positions both hold · largest shared weight first DGRW GARP
MICROSOFT CORP 5.74% 5.67%
NVIDIA CORP 7.94% 5.18%
APPLE INC 3.86% 5.66%
META PLATFORMS INC 2.97% 4.72%
ALPHABET INC 2.31% 2.24%
ALPHABET INC 2.31% 2.12%
CATERPILLAR INC 1.80% 3.29%
APPLIED MATERIALS INC 1.71% 2.07%
BROADCOM INC 2.34% 1.70%
ELI LILLY & COMPANY 1.53% 1.78%
VISA INC 1.41% 5.13%
ORACLE CORP 2.34% 0.99%
Only in one fund ↓
Only in DGRW
UNITEDHEALTH GROUP INC 2.92%
COCA-COLA COMPANY (THE) 2.88%
HOME DEPOT INC (THE) 2.81%
JOHNSON & JOHNSON 2.34%
ABBVIE INC 2.07%
EXXONMOBIL HOLDINGS CORP 1.59%
INTERNATIONAL BUSINESS MACHINES CORP 1.59%
MCDONALD'S CORP 1.57%
Only in GARP
MICRON TECHNOLOGY 4.61%
PALANTIR TECHNOLOGIES CLASS A 2.86%
ADOBE INC 2.17%
AMAZON.COM INC 2.12%
ADVANCED MICRO DEVICES 2.01%
MERCADOLIBRE 1.86%
ROYAL CARIBBEAN GROUP 1.83%
INTEL CORPORATION 1.81%
Check overlap with more funds →

Side by side

DGRW WisdomTree U.S. Quality Dividend Growth Fund GARP iShares MSCI USA Quality GARP ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of U.S. Quality Dividend Growth Tracks the MSCI USA Quality GARP
Total return, 1 year +11.1% +18.0%
Its benchmark over the same days +13.7% (VOO) +13.3% (PBUS)
Gap to its benchmark −2.6 pts vs VOO +4.7 pts vs PBUS
Expense ratio 0.28% 0.15%
Already in the S&P 500 96.7% 94.4%
Holdings 197 131
Net assets, DGRW as of Jun 30, 2026 and GARP as of Oct 27, 2026 $16.6bn $3.6bn

DGRW and GARP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief

No client brief for this pair: the two funds' holdings are dated 119 days apart.

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About each fund
DGRW

DGRW tracks an index of U.S. Quality Dividend Growth. Over the year to Oct 28, 2026 it returned +11.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 197 positions, with the top ten at 36.1%.

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DGRW or GARP?
In the year to Oct 28, 2026, with distributions reinvested, DGRW returned +11.1% and GARP +18.0%.
Which is cheaper, DGRW or GARP?
GARP is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DGRW and GARP overlap with the S&P 500?
By their latest filed holdings, 97% of DGRW and 94% of GARP by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, DGRW against GARP, data as of Oct 28, 2026. https://etfiq.com/compare/any/dgrw-vs-garp

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