Dividend comparison
DGRW vs DLN: Which Is Better for Income?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for WisdomTree U.S. Quality Dividend Growth Fund and WisdomTree U.S. LargeCap Dividend Fund, side by side. Updated October 21, 2026.
DGRW vs DLN: key differences
The short answer, from the latest data on this page.
- Fees. Both charge about 0.28% a year, so cost is not what separates them.
- Income. DLN pays more income, yielding 1.73% over the last twelve months versus 1.19% for DGRW. That is about $54 more a year on $10,000. Both pay monthly.
- Performance. Over the last 5 years, DLN returned 77.7% versus 72.9% for DGRW, with dividends reinvested. $10,000 would have grown to $17,769 in DLN and $17,290 in DGRW.
- Risk. Their worst declines over the last 5 years were similar: -17.3% for DGRW and -16.3% for DLN from peak to trough.
- Diversification. DLN holds 305 positions and DGRW holds 304.
- Dividend growth. DLN grew its yearly payout 5.6% a year over the last 4 years, versus 2.5% for DGRW.
- Size. DGRW is the larger fund with $17.1 billion in assets, against $6.3 billion for DLN.
Bottom line: DLN has the edge on these figures, with more income today, stronger 5-year returns and faster dividend growth. DGRW does not lead on any of the measures compared here.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | DGRW WisdomTree U.S. Quality Dividend Growth Fund | DLN WisdomTree U.S. LargeCap Dividend Fund |
|---|---|---|
| Dividend yield (TTM) | 1.19% | 1.73% |
| Dividend / share (TTM) | $1.19 | $1.74 |
| Payout frequency | Monthly | Monthly |
| Last dividend | $0.1700 on Sep 29, 2026 | $0.1950 on Sep 29, 2026 |
| Ex-dividend date | Sep 25, 2026 | Sep 25, 2026 |
| Dividend growth (CAGR) | 2.5% over 4 yrs | 5.6% over 4 yrs |
| Price | $99.40 | $100.11 |
| Dividend growth streak | 1 year | — |
| Beta | 0.82 | 0.75 |
| Max drawdown (5Y) | -17.3% | -16.3% |
| Market cap | $17.11B | $6.31B |
| Exchange | NASDAQ | AMEX |
| Expense ratio | 0.28% | 0.28% |
| Assets under management | $17.08B | $6.29B |
| Number of holdings | 304 | 305 |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
DGRW
$9.96/mo
$119 /yr at 1.19% yield
DLN
$14.44/mo
$173 /yr at 1.73% yield
Dividend history
Total dividends paid per share in each calendar year. DGRW pays monthly; DLN pays monthly.
| Year | DGRW | DLN |
|---|---|---|
| 2025 | $1.3165 | $1.6805 |
| 2024 | $1.2103 | $1.5534 |
| 2023 | $1.2250 | $1.6150 |
| 2022 | $1.3002 | $1.5650 |
| 2021 | $1.1906 | $1.3531 |
Strategy: Dividend equity
Rules-based equity funds that screen for companies paying sustainable or rising dividends, aiming at income plus long-term share-price participation. The screen is what defines the fund: yield-ranked indexes deliver more cash now, dividend-growth indexes deliberately exclude the highest payers in favor of durability. Both approaches produce a sector mix that looks nothing like the broad market, typically heavier in financials, healthcare, staples and industrials.
Expect stretches of underperformance versus the broad market whenever leadership comes from the high-growth, low-yield companies these screens exclude.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $17,290 in DGRW and $17,769 in DLN.
| Period | DGRW | DLN |
|---|---|---|
| 1 month | 1.50% | 1.54% |
| 3 months | 3.68% | 3.27% |
| Year to date | 11.15% | 15.16% |
| 1 year | 11.56% | 16.87% |
| 3 years | 63.57% | 74.65% |
| 5 years | 72.90% | 77.69% |
- DGRW
- DLN
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- DGRW
- DLN
Quick verdict
DLN has the edge on these figures, with more income today, stronger 5-year returns and faster dividend growth. DGRW does not lead on any of the measures compared here. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how DGRW vs DLN fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is DGRW or DLN better for dividend income?
It depends on your goals. DGRW currently yields 1.19% Trailing Twelve Months (TTM) while DLN yields 1.73%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between DGRW and DLN?
WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is an ETF listed on NASDAQ. WisdomTree U.S. LargeCap Dividend Fund (DLN) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, DGRW or DLN?
They cost about the same: DGRW charges 0.28% a year and DLN charges 0.28%.
Which has performed better, DGRW or DLN?
Over the last 5 years, DLN has the higher total return with dividends reinvested: DGRW returned 72.9% and DLN returned 77.7%. Past performance does not predict future returns.
Which is riskier, DGRW or DLN?
Measured by the worst peak-to-trough decline over the last five years, DGRW has been riskier: DGRW fell as much as 17.3% and DLN as much as 16.3%. Their betas are 0.82 and 0.75.
How often do DGRW and DLN pay dividends?
Both pay monthly. The most recent payments were $0.1700 for DGRW and $0.1950 for DLN.
How much income does $10,000 in DGRW vs DLN generate?
At current TTM yields, $10,000 in DGRW would generate roughly $9.96 per month ($119 annually). The same amount in DLN would produce about $14.44 per month ($173 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both DGRW and DLN?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare DGRW vs DLN with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how DGRW and DLN fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.