DGRW vs USCA: Grades, Fees and Holdings Compared

WisdomTree U.S. Quality Dividend Growth Fund

DGRWBNasdaq

Xtrackers MSCI USA Climate Action Equity ETF

USCAANYSE Arca

Overlap

52.2%by weight

Expense ratio

USCA −0.21pt a year

DGRW0.28%USCA0.07%

Avg volume · 30D

DGRW 5.1×the volume

DGRW496KUSCA97.9K

3Y return · a year

USCA +3.3pt

DGRW+18.0%USCA+21.3%

DGRW vs USCA Performance

Oct 31, 2025 – Oct 30, 2026

+12.0%DGRW+6.8%USCA

Expense ratio: DGRW 0.28%; USCA 0.07%, better
Fund size: DGRW $16.9B; USCA $3.42B
1Y total return: DGRW +12.0%, better; USCA +6.8%
Yield (12M): DGRW 1.24%, better; USCA 1.06%
Holdings: DGRW 199; USCA 392
Avg volume (30D): DGRW 496K sh, better; USCA 97.9K sh
NAV per share: DGRW $98.47; USCA $44.82
52W range

ETF.net Grade

Pillar letters and Scores for DGRW, USCA, with each pillar’s weight
Pillar	DGRW	USCA
Cost30% weight	B57	A97Higher
Mission25% weight	A78	A91Higher
Risk15% weight	A73Higher	C54
Tradability15% weight	A94Higher	B61
Holdings10% weight	D36Higher	D29
Durability5% weight	A71Higher	C49

Rank among US Factor Index funds

How we build Categories ›

Same Category. DGRW and USCA are both graded against the same 30 US Factor Index funds, so their Grades compare head to head.

US Factor Index⁠

Category · 30 funds

See all 30 ›

USCA ranks 2nd and DGRW 6th of 30 funds in the US Factor Index Category.

Rank 1AMGVVanguard Morningstar Mega Cap Value ETFScore 78
Rank 2AUSCAXtrackers MSCI USA Climate Action Equity ETFScore 74
Rank 3ASIZEiShares MSCI USA Size Factor ETFScore 72
Rank 5ASUSAiShares ESG Optimized MSCI USA ETFScore 69
Rank 6BDGRWWisdomTree U.S. Quality Dividend Growth FundScore 68
Rank 7BSPMOInvesco S&P 500 Momentum ETFScore 67

Our read on each fund

ETF.net Research

DGRWBWisdomTree U.S. Quality Dividend Growth Fund

USCAAXtrackers MSCI USA Climate Action Equity ETF

In short

DGRW A dividend fund that judges the business, not just the payout: WisdomTree runs U.S. large caps through quality and growth screens before they qualify, then distributes monthly. Live since 2013.

USCA The largest US ETF debut on record when it launched in 2023, seeded by a Finnish pension fund. It owns roughly 400 US large- and mid-caps, keeping only the top half of each sector on MSCI's climate-transition scoring, for 0.07% a year.

Stated mandate

DGRW The fund seeks to track dividend-paying U.S. large-cap companies with growth characteristics.

USCA The fund seeks to track the MSCI USA Climate Action Index before fees and expenses through a passive indexing strategy. The index selects U.S. large- and mid-capitalization companies assessed as leading sector peers in climate-transition positioning and actions.

Why people hold it

DGRW Quality and growth screens sit on top of the dividend requirement, so the index targets payers with growth characteristics instead of ranking companies by headline yield.wisdomtree.com
Distributions land monthly, spread across roughly 300 U.S. large caps.
A multi-billion-dollar fund that trades actively, making it one of the easier names to get in and out of in its factor group.
Running the same mandate since 2013, and it sits in the upper half of its U.S. factor peer group on our review.

USCA Costs 0.07% a year against a typical screened US equity peer near 0.28%, and undercuts bigger ESG names like SUSA at 0.25%.
No blanket sector bans: the index keeps the top 50% of companies in each GICS sector, so energy and industrials stay in, represented by their climate-transition leaders.dws.com msci.com
Rules do the picking. MSCI's climate metrics, ESG ratings and controversy screens set the roster; no manager discretion, no stock-by-stock calls.dws.com
A multi-billion-dollar fund with an institutional anchor investor from day one, and it pays quarterly.businesswire.com

Worth knowing

DGRW The 0.28% fee is exactly the median of its factor cohort. Cheaper options exist (MGV at 0.05%, SIZE at 0.15%), though they hunt different factors.
No dividend, no entry. Companies that reinvest every dollar instead of paying it out are screened away, whatever their growth.
U.S. large caps only, so it walks much of the same ground a core S&P 500 fund already covers.

USCA Half of each sector is screened out, so results can drift from a plain MSCI USA index fund in either direction.dws.com
Market-cap weighted and filed as non-diversified, so America's largest companies carry heavy weight at the top.dws.com
Moderately traded next to the giants of US equity, so spreads can be a bigger part of the cost of getting in and out.

Full DGRW profile⁠

Full USCA profile⁠

DGRW vs USCA Holdings

How DGRW and USCA differ

Overlap by weight

52.2%

Shared holdings make up 92.0% of DGRW and 62.6% of USCA.

Level by level

Holdings115 in both52.2%
Sector11 Sectors85.5%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in DGRW and USCA, widest gap first
Sector	More in DGRWMore in USCA	DGRW	USCA
Technology	USCA +8.2 points	35.2%	43.4%
Industrials	DGRW +4.1 points	10.3%	6.2%
Energy	DGRW +3.2 points	5.1%	1.9%
Health Care	DGRW +2.8 points	12.9%	10.1%
Consumer Staples	DGRW +2.8 points	6.6%	3.8%
Consumer Discretionary	USCA +2.7 points	6.7%	9.4%
Real Estate	USCA +1.7 points	0.0%	1.7%
Materials	DGRW +1.5 points	2.9%	1.4%
Utilities	USCA +1.3 points	0.2%	1.5%
Financials	USCA +0.6 points	8.4%	9.0%
Communication	DGRW +0.2 points	11.8%	11.6%

Country, concentration and asset class

Country by domicile

Country weights in DGRW and USCA, widest gap first
Country	More in DGRWMore in USCA	DGRW	USCA
United States	DGRW +0.7 points	100.0%	99.3%
Other countries (7)	USCA +0.7 points	0.0%	0.7%

Concentration

Weight in the 10 largest Holdings

DGRW38.8%
USCA44.6%

Securities held

DGRW197
USCA391

Asset class

DGRW: Equity
USCA: Equity

Holdings

Only in DGRW82
In both115
Only in USCA276

Only in DGRW

82 securities, 7.9% of DGRW by weight

Texas Instruments Inc0.97%
Marsh & Mclennan Cos0.77%
TJX Cos Inc0.57%
Freeport-McMoRan Inc0.43%
DR Horton Inc0.33%
Raymond James Financial Inc0.24%
First Citizens BancShares Inc/0.21%
Darden Restaurants Inc0.20%
Pulte Homes Inc0.19%
priceline.com Inc0.18%
Reliance Steel & Aluminum Co0.18%
Southwest Airlines Co0.17%
CF Industries Holdings Inc0.15%
Carlisle Cos Inc0.13%
Wesco International Inc0.13%
Marathon Petroleum Corp0.12%
Valero Energy Corp0.11%
Aramark0.11%
Toll Brothers Inc0.11%
SEI Investments Co0.10%
Phillips 660.10%
Factset Research Systems Inc0.10%
Mueller Industries Inc0.09%
Ryder System Inc0.09%
Booz Allen Hamilton Holding Co0.09%
Stifel Financial Corp0.09%
Toro Co0.08%
Southstate Bank Corp0.08%
Flowserve Corp0.08%
Jack Henry & Associates Inc0.08%
Donaldson Co Inc0.08%
Old National Bancorp/IN0.08%
Allison Transmission Holdings0.07%
Oshkosh Corp0.07%
AGCO Corp0.07%
Aecom0.06%
Western Alliance Bancorp0.06%
Pinnacle Financial Partners0.06%
AO Smith Corp0.06%
Targa Resources Corp0.06%
Pool Corp0.06%
Lamb Weston Holdings Inc0.05%
Devon Energy Corp0.05%
Springleaf Holdings Inc0.05%
Lear Corp0.05%
MSCI Inc0.05%
Nexstar Media Group Inc0.04%
NewMarket Corp0.04%
Graco Inc0.04%
Louisiana-Pacific Corp0.04%

Only in USCA

276 securities, 37.0% of USCA by weight

Amazon.com Inc4.36%
Tesla2.14%
Advanced Micro Dev1.54%
JPMorgan Chase & Co1.26%
Palantir Technologies Inc Class A0.75%
Palo Alto Networks0.56%
Netflix Inc0.48%
Thermo Fisher Scientific Inc0.48%
Amgen Inc0.47%
Micron Technology0.47%
2226792D0.44%
Goldman Sachs Group Inc0.37%
Pepsico0.35%
Arista Networks Inc0.34%
Pfizer Inc0.33%
NextEra Energy Inc0.32%
Blackrock Inc0.31%
Marvell Technology Group Ltd0.31%
Welltower Inc0.31%
Morgan Stanley0.31%
Accenture Ltd-Cl A0.29%
Danaher Corp0.28%
Walt Disney Co0.27%
Intel Corp0.27%
Eaton Corp PLC0.27%
Vertex Pharm0.26%
Abbott Laboratories0.26%
Wells Fargo & Co0.24%
Bristol-Myers Squibb Co0.24%
Prologis Inc0.22%
Starbucks Corp0.22%
Uber Technologies Inc0.22%
Booking Holdings Inc0.22%
GE Vernova0.22%
Intuitive Surgical Inc0.21%
Cme Group Inc0.20%
ServiceNow Inc0.20%
Seagate Technology0.20%
Citigroup Inc0.20%
Snowflake Inc0.19%
Adobe Systems Inc0.19%
Marsh & McLennan Cos Inc0.18%
Dell Technologies Inc0.18%
Western Digital0.18%
Intercontinental Exchange Inc0.18%
Chubb Ltd Npv0.18%
Medtronic plc0.18%
Waste Management Inc0.17%
Quanta Services Inc0.17%
Emerson Electric Co0.17%

Weight gaps

The 100 widest of 115 Holdings in both funds.

Holding weights in DGRW and USCA, widest gap first
Holding	More in DGRWMore in USCA	DGRW	USCA
Apple IncAAPL	USCA +5.02 points	4.47%	9.49%
Coca-Cola Co/TheKO	DGRW +2.56 points	3.24%	0.68%
UnitedHealth Group IncUNH	DGRW +2.09 points	2.78%	0.69%
Home Depot IncHD	DGRW +1.92 points	2.54%	0.62%
Oracle CorpORCL	DGRW +1.70 points	2.02%	0.32%
Chevron CorpCVX	DGRW +1.49 points	1.90%	0.41%
Exxonmobil Holdings CorpXOM	DGRW +1.39 points	2.12%	0.73%
AbbVie IncABBV	DGRW +1.38 points	2.36%	0.98%
Google IncGOOGL	USCA +1.32 points	1.76%	3.08%
Gilead Sciences IncGILD	DGRW +1.25 points	1.65%	0.40%
Johnson & JohnsonJNJ	DGRW +1.22 points	2.45%	1.23%
T-Mobile US IncTMUS	DGRW +1.20 points	1.34%	0.14%
McDonalds CorpMCD	DGRW +1.12 points	1.46%	0.34%
International Business Machines CorpIBM	DGRW +1.08 points	1.42%	0.34%
Nvidia CorpNVDA	USCA +0.93 points	7.89%	8.82%
Microsoft CorpMSFT	DGRW +0.91 points	7.81%	6.90%
Verizon Communications IncVZ	DGRW +0.82 points	1.17%	0.35%
Halliburton CoHAL	DGRW +0.81 points	0.87%	0.06%
Broadcom IncAVGO	USCA +0.80 points	1.96%	2.76%
Procter & Gamble Co/ThePG	DGRW +0.79 points	1.50%	0.71%
Automatic Data Processing IncADP	DGRW +0.69 points	0.91%	0.22%
Google IncGOOG	USCA +0.67 points	1.77%	2.44%
Regeneron Pharmaceuticals IncREGN	DGRW +0.65 points	0.79%	0.14%
Merck & Co Inc/NJMRK	DGRW +0.64 points	1.33%	0.69%
Analog Devices IncADI	DGRW +0.62 points	1.00%	0.38%
Meta PlatformsInc. Cl AMETA	DGRW +0.62 points	3.15%	2.53%
Caterpillar IncCAT	DGRW +0.61 points	1.02%	0.41%
Charles Schwab Corp/TheSCHW	DGRW +0.61 points	0.88%	0.27%
Newmont Mining CorpNEM	DGRW +0.58 points	0.79%	0.21%
CSX CorpCSX	DGRW +0.56 points	0.74%	0.18%
Illinois Tool Works IncITW	DGRW +0.56 points	0.63%	0.07%
Fedex CorpFDX	DGRW +0.53 points	0.59%	0.06%
AT&T IncT	DGRW +0.52 points	0.80%	0.28%
American Express CoAXP	DGRW +0.50 points	0.82%	0.32%
Cisco Systems IncCSCO	DGRW +0.47 points	1.24%	0.77%
Costco Wholesale CorpCOST	DGRW +0.47 points	0.89%	0.42%
Applied Materials IncAMAT	DGRW +0.46 points	0.90%	0.44%
Corning IncGLW	DGRW +0.43 points	0.57%	0.14%
Cummins IncCMI	DGRW +0.43 points	0.53%	0.10%
Deere & CoDE	DGRW +0.42 points	0.73%	0.31%
Bank of America CorpBAC	DGRW +0.39 points	0.85%	0.46%
Eli Lilly & CoLLY	USCA +0.38 points	1.75%	2.13%
Sherwin-Williams Co/TheSHW	DGRW +0.37 points	0.51%	0.14%
Visa IncV	DGRW +0.36 points	1.65%	1.29%
Delta Air Lines IncDAL	DGRW +0.36 points	0.38%	0.02%
PayPal Holdings IncPYPL	DGRW +0.34 points	0.43%	0.09%
Qualcomm IncQCOM	DGRW +0.32 points	0.65%	0.33%
Paccar IncPCAR	DGRW +0.33 points	0.40%	0.07%
Parker Hannifin CorpPH	DGRW +0.31 points	0.47%	0.16%
Ford Motor CoF	DGRW +0.31 points	0.38%	0.07%
McKesson CorpMCK	DGRW +0.30 points	0.46%	0.16%
Ecolab IncECL	DGRW +0.29 points	0.43%	0.14%
Sysco CorpSYY	DGRW +0.26 points	0.32%	0.06%
Mastercard IncMA	USCA +0.26 points	0.71%	0.97%
Ferguson Enterprises Inc/DeFERG	DGRW +0.26 points	0.28%	0.02%
Fifth Third BancorpFITB	DGRW +0.25 points	0.27%	0.02%
Stryker CorpSYK	DGRW +0.26 points	0.35%	0.09%
Steel Dynamics IncSTLD	DGRW +0.23 points	0.28%	0.05%
Huntington Bancshares Inc/OHHBAN	DGRW +0.21 points	0.23%	0.02%
Salesforce IncCRM	DGRW +0.21 points	0.55%	0.34%
Union Pacific CorpUNP	DGRW +0.20 points	0.54%	0.34%
KLA CorpKLAC	USCA +0.19 points	0.20%	0.39%
Williams-Sonoma IncWSM	DGRW +0.18 points	0.24%	0.06%
Dover CorpDOV	DGRW +0.17 points	0.22%	0.05%
Apollo Global Management IncAPO	DGRW +0.16 points	0.23%	0.07%
Marriott International Inc/DEMAR	DGRW +0.16 points	0.32%	0.16%
Packaging Corp of AmericaPKG	DGRW +0.15 points	0.18%	0.03%
Hershey Co/TheHSY	DGRW +0.15 points	0.20%	0.05%
Hunt (JB) Transprt Svcs IncJBHT	DGRW +0.14 points	0.15%	<0.01%
S&P Global IncSPGI	DGRW +0.14 points	0.41%	0.27%
United Rentals IncURI	DGRW +0.14 points	0.28%	0.14%
Zoetis IncZTS	DGRW +0.11 points	0.17%	0.06%
Cintas CorpCTAS	DGRW +0.10 points	0.24%	0.14%
Old Dominion Freight Line IncODFL	DGRW +0.10 points	0.16%	0.06%
CH Robinson Worldwide IncCHRW	DGRW +0.09 points	0.11%	0.02%
Vertiv Holdings CoVRT	USCA +0.08 points	0.08%	0.16%
Hilton Worldwide Holdings IncHLT	USCA +0.07 points	0.08%	0.15%
Moody's CorpMCO	DGRW +0.07 points	0.21%	0.14%
Constellation EnergyCEG	USCA +0.07 points	0.08%	0.15%
Lam Research CorpLRCX	DGRW +0.06 points	0.48%	0.42%
Dick's Sporting Goods IncDKS	DGRW +0.06 points	0.07%	<0.01%
Monolithic Power Systems IncMPWR	USCA +0.06 points	0.05%	0.11%
General Electric CoGE	DGRW +0.06 points	0.50%	0.44%
Rockwell Automation Inc/DEROK	USCA +0.05 points	0.04%	0.09%
Agilent Technologies IncA	USCA +0.04 points	0.05%	0.09%
WW Grainger IncGWW	DGRW +0.04 points	0.10%	0.06%
Comfort Systems USA IncFIX	USCA +0.04 points	0.04%	0.08%
Intuit IncINTU	USCA +0.05 points	0.13%	0.18%
Yum! Brands IncYUM	USCA +0.04 points	0.04%	0.08%
Vulcan Materials CoVMC	USCA +0.04 points	0.03%	0.07%
Expedia Group IncEXPE	USCA +0.03 points	0.03%	0.06%
Martin Marietta Materials IncMLM	USCA +0.03 points	0.03%	0.06%
Tapestry IncTPR	USCA +0.03 points	0.02%	0.05%
Verisk Analytics IncVRSK	USCA +0.03 points	0.02%	0.05%
Xylem Inc/NYXYL	USCA +0.02 points	0.02%	0.04%
Equifax IncEFX	USCA +0.02 points	0.02%	0.04%
Vistra CorpVST	USCA +0.03 points	0.04%	0.07%
Walmart IncWMT	USCA +0.02 points	0.99%	1.01%
Broadridge Financial Solutions Inc.BR	USCA +0.02 points	0.02%	0.04%
NRG Energy IncNRG	DGRW +0.02 points	0.05%	0.03%

All 304 DGRW holdings⁠All 394 USCA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DGRW vs USCA Cost

Overpaying DGRW vs USCA

$4,275

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DGRW 0.28%
$5,755
USCA 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

DGRW 0.28%
USCA 0.07%
Overpaying

Year by year

Year	DGRW	USCA	Overpaying
10	$509	$128	$381
20	$1,976	$503	$1,473
30	$5,755	$1,480	$4,275

Expense ratio

0.28%DGRW
0.07%USCA, cheaper

USCA0.07%DGRW0.28%

0.05%0.63%

Middle half of US Factor Index funds
Median 0.30%

USCA 2nd cheapest of 30 funds

DGRW 14th cheapest of 30 funds

DGRW vs USCA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DGRW 1.24%, better; USCA 1.06%
Payout (12M): DGRW $1.22; USCA $0.47
Last payment: DGRW $0.07; USCA $0.10
Ex-dividend: DGRW Oct 27, 2026; USCA Sep 18, 2026
Paid on: DGRW Oct 29, 2026; USCA Sep 25, 2026
Frequency: DGRW Monthly; USCA Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

DGRWMonthly · 46 paymentsAll DGRW payments⁠

USCAQuarterly · 15 paymentsAll USCA payments⁠

DGRW vs USCA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DGRW 10.7%, betterUSCA 12.5%
Return per unit of riskSharpe ratio, 3 years: DGRW 1.20USCA 1.27, better
Worst fallMax drawdown, 5 years: DGRW −17.3%USCA −19.2%since Apr 2023
Market sensitivityBeta, 5 years: DGRW 0.82USCA 1.00; Market = 1

DGRW and USCA in the news

All news⁠

First-Year Review
Liberty One's Spectrum ETF returned 6.4%, 8.9 percentage points behind an S&P 500 fund
Oct 1, 2026DGRW
New ETFs
Raub Brock lists HQDG, an active dividend-growth ETF priced at 0.50%
Sep 8, 2026DGRW

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DGRW vs USCA

In short

Stated mandate

Why people hold it

Worth knowing

How DGRW and USCA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DGRW

Only in USCA

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Liberty One's Spectrum ETF returned 6.4%, 8.9 percentage points behind an S&P 500 fund

Raub Brock lists HQDG, an active dividend-growth ETF priced at 0.50%

How DGRW and USCA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DGRW

Only in USCA

Weight gaps