At a glance
DGRS charges 0.38% a year, above the 0.36% average of the 4 funds most like it (the 3rd cheapest of 5). It has $400.1M in assets, the 3rd largest of that group; it paid 2.11% of its price in distributions over the past 12 months, monthly. Over the past year it returned +17.2% with distributions reinvested (S&P 500: +11.5%), 3rd of those 5 funds; over three years it returned +17.3% a year. At its worst it fell 44.0% in the 2020 crash (S&P 500: 33.7%) and 24.1% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 8 months and 15 months after the lows. Its ten largest positions make up 18.4% of the fund, out of 199 in all.
The short version
WisdomTree US Smallcap Quality Dividend Growth Fund (DGRS) is an index ETF that holds about 200 small US companies. Each one pays a dividend and scores well on profitability and expected earnings growth. Stocks are weighted by the dividends they pay, not by company size. The fund costs 0.38% a year, a little above the 0.36% average of similar funds. Its yield over the past 12 months was 2.11% as of October 27, 2026, paid monthly.
Price history
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DGRS +17.2% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| DGRS official prospectus, to Dec 31, 2025 | — | -0.25% | — | +7.38% | +9.12% | — |
| Wisdom Tree U.S. Small Cap Quality Dividend Growth Index (Reflects no deduction for fees, expenses or taxes) index, same period | — | +0.14% | — | +7.80% | +9.49% | — |
| Index37 index, same period | — | +6.02% | — | +7.31% | +9.81% | — |
| Index38 index, same period | — | +17.25% | — | +13.30% | +14.41% | — |
| DGRS price data to Oct 27, 2026 | +18.2% | +17.2% | +17.3% | +7.8% | +9.7% | +9.1% |
- Over the year to Oct 27, 2026, DGRS returned +17.2%, 3rd of 5 among similar funds.
- Its 5-year annualized return was +7.8% and its 10-year +9.7%.
- In the 2020 COVID crash it fell 44% and regained its old high 8.1 months after the low.
- Its worst full calendar year was 2022 (-13.1%); its best was 2016 (+30.9%).
- The deepest fall in its price history was 44.8% (Jan 16, 2020 to Mar 16, 2020), recovered by Nov 24, 2020.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +18.2% | — |
| 2025 | -0.4% | -0.25% |
| 2024 | +10.5% | +10.30% |
| 2023 | +21.3% | +21.05% |
| 2022 | -13.1% | -13.02% |
| 2021 | +23.1% | +23.22% |
| 2020 | +8.0% | +7.43% |
| 2019 | +24.3% | +24.36% |
| 2018 | -10.7% | -10.28% |
| 2017 | +7.3% | +7.08% |
| 2016 | +30.9% | +30.60% |
| 2015 | -7.1% | — |
| 2014 | +4.6% | — |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 40.9% over that stretch · deepest drop along the way 44%, back to its old high 8.1 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 20.7% over that stretch · deepest drop along the way 24.1%, back to its old high 14.5 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.9000 | |
| 2025 | $1.3600 | +20.4% |
| 2024 | $1.1300 | -2.6% |
| 2023 | $1.1600 | -2.5% |
| 2022 | $1.1900 | +12.3% |
| 2021 | $1.0600 | +11.6% |
| 2020 | $0.9500 | +2.2% |
| 2019 | $0.9300 | +12.0% |
| 2018 | $0.8300 | +18.6% |
| 2017 | $0.7000 | +9.4% |
| 2016 | $0.6400 | -5.9% |
| 2015 | $0.6800 | +7.9% |
| 2014 | $0.6300 |
What's inside
As of Jun 30, 2026, the fund held 199 securities; the ten largest made up 18.4% of assets.
| Holding | Weight | |
|---|---|---|
| ARCHROCK INC | 2.82% | |
| AVNET INC | 2.38% | |
| VICTORY CAPITAL HOLDINGS INC | 1.93% | |
| CALIFORNIA RESOURCES CORP | 1.74% | |
| CAL-MAINE FOODS INC | 1.70% | |
| COHEN & STEERS INC | 1.68% | |
| INTERPARFUMS INC | 1.63% | |
| CABOT CORP | 1.57% | |
| BANK OF HAWAII CORP | 1.49% | |
| KONTOOR BRANDS INC | 1.46% | |
| INDEPENDENT BANK CORP (MASSACHUSETTS) | 1.45% | |
| MAGNOLIA OIL & GAS CORP | 1.41% | |
| FIRST FINANCIAL BANCORP | 1.36% | |
| FIRST FINANCIAL BANKSHARES INC (TEXAS) | 1.29% | |
| BUCKLE INC (THE) | 1.27% |
By country
United States 99.71%Puerto Rico 0.16%By asset type
Stocks 99.88%What changed recently
- Over the three months to Jun 30, 2026, investors withdrew a net $2.0M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +7.78%, -1.76%, +6.37%.
How it works
DGRS is an index fund that seeks to track the WisdomTree U.S. SmallCap Quality Dividend Growth Index, before fees, instead of relying on a manager's picks. WisdomTree designs the index, and its subsidiary manages the fund, keeping at least 80% of net assets in index stocks or close equivalents. The fund may hold a representative sample rather than every index stock.
The starting pool, the WisdomTree U.S. SmallCap Dividend Index, holds dividend-paying US companies in the bottom 25% of market value after the 300 largest are removed. Each year, a company needs 12 months of regular cash dividends, a market value of at least $100 million, at least $100,000 in median daily trading, and an earnings yield above its dividend yield, meaning profits exceed the payout. The index keeps the half that rank highest on expected earnings growth plus two profitability measures, return on equity and return on assets.
Each stock's weight reflects the cash dividends it is projected to pay over the coming year, so bigger payers get bigger slices. At each annual reset, one stock is capped at 2%, a sector at 25% and real estate at 10%, though weights can drift between resets. Turnover, a gauge of trading activity, was 61% per the July 29, 2026 prospectus.
What it really costs
- DGRS charges 0.38% a year, versus an average of 0.36% for the similar funds below (3rd of 5, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $39 in the first year and $480 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| DGRS | $39 | $122 | $213 | $480 |
In a retirement portfolio
It adds small-company and dividend-growth exposure next to a broader core, but its price has swung much more than a typical core fund's.
DGRS could add small US companies and modest monthly income to a portfolio built around larger companies. Its yield over the past 12 months was 2.11% as of October 27, 2026. It costs 0.38% a year, which is $39 in the first year on $10,000 under the SEC's standard example. The fund launched in 2013, so it has no record from the 2008 crisis. Its deepest drop was about 45%, from January to March 2020, and it took about eight months to recover. In the 2022 bear market it fell 24% and needed about 14.5 months to get back to its earlier peak. Its worst calendar year was 2022, at -13.02%. Anyone who might need to sell shares or draw income during a bad year could be selling after drops like these. Past results don't predict future returns, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want small US dividend payers screened for profitability and earnings growth, spread across about 200 stocks.
- People who like monthly payouts and can accept a modest 2.11% yield (as of October 27, 2026) along with small-company growth potential.
- Investors comfortable with large financials and industrials weights and with lesser-known top holdings such as Archrock, Avnet and Victory Capital.
Look elsewhere if
- Cost-focused investors: at 0.38%, it costs more than the 0.36% peer average, and FLQS and CSA each charge 0.35%.
- Anyone who can't sit through deep drops: it fell about 45% in early 2020 and took 14.5 months to recover after 2022.
- Income seekers who need a high yield: 2.11% is modest, and the payouts depend on small companies continuing to pay dividends.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| DGRS this fund | — | 0.38% | $400.1M | +17.2% | +17.3% |
| DES WisdomTree U.S. SmallCap Dividend Fund | 38% | 0.38% | $2.19B | +19.0% | +17.1% |
| FLQS Franklin U.S. Small Cap Multifactor Index E… | 23% | 0.35% | $51.3M | +13.1% | +16.6% |
| CSA VictoryShares US Small Cap Volatility Wtd E… | 20% | 0.35% | $24.3M | 0.0% | +7.2% |
| EES WisdomTree U.S. SmallCap Fund | 20% | 0.38% | $724.3M | +19.4% | +19.9% |
Questions investors ask
Does DGRS pay monthly dividends?
Yes. DGRS pays distributions monthly. Over the 12 months to October 27, 2026, it paid about $1.22 per share, a trailing yield of 2.11%. Monthly amounts can vary, since they depend on the dividends collected from the fund's 199 holdings (as of June 30, 2026). The index weights companies by the cash dividends they are expected to pay, but it picks them for growth and profitability rather than high yield.
Is DGRS good for retirement income?
It may suit retirees who want modest monthly income plus growth, but it is not a high-yield fund. The trailing yield was 2.11% as of October 27, 2026. Over the 10 years to December 31, 2025, the fund returned 9.12% a year on average. Small-company stocks are volatile, though: its price fell 44.8% between January and March 2020 before recovering by November, and it lost 13.02% in 2022. It may fit as one part of a broader mix.
What's the difference between DGRS and DES?
Mostly stock selection and size, not cost: both WisdomTree small-cap dividend ETFs charge 0.38% a year and share about 38% of holdings. DGRS's index keeps only the half of eligible small dividend payers that rank highest on expected earnings growth and profitability. DES is larger, with about $2.19 billion in net assets versus $400 million for DGRS as of June 30, 2026. Through October 27, 2026, DES returned 19% over one year versus 17.2% for DGRS, and 17.1% a year over three years versus 17.3%.
What is the DGRS expense ratio?
DGRS's expense ratio, the annual fee deducted from fund assets, is 0.38%, per its prospectus filed July 29, 2026. In the SEC's standard example, which assumes $10,000 invested, a 5% annual return and a sale at the end of each period, costs would total about $39 after one year, $213 after five years and $480 after 10 years. That is slightly above the 0.36% average for similar funds: DES and EES also charge 0.38%, while FLQS and CSA charge 0.35%.
What are DGRS's top holdings?
As of June 30, 2026, the largest positions were Archrock (2.82% of assets), Avnet (2.38%), Victory Capital (1.93%), California Resources (1.74%) and Cal-Maine Foods (1.70%). The 10 largest made up just 18.4% of the fund across 199 holdings, so no single company dominates. Archrock sat above the index's 2% cap per stock, which applies only at the annual screening; weights can drift between screenings.