DGRS Stock Summary and Trading Ideas (WisdomTree U.S. Smallcap Quality Dividend Growth | NASDAQ:DGRS)

The WisdomTree U.S. SmallCap Quality Dividend Growth Index is a fundamentally weighted index that consists of the small-capitalization segment of dividend-paying stocks with growth characteristics. The primary starting screening universe for this index is the constituents of the WisdomTree SmallCap Dividend Index, or the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed. From this primary universe, the Index is comprised of the top 50% of companies with the best combined rank of growth and quality factors. The growth factor ranking is based on long-term earnings growth expectations, while the quality factor ranking is based on three year historical averages for return on equity and return on assets. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year.

WisdomTree U.S. Smallcap Quality Dividend Growth trades on the NASDAQ stock market under the symbol DGRS.

As of April 19, 2024, DGRS stock price climbed to $46.87 with 9,264 million shares trading.

DGRS has a beta of 1.08, meaning it tends to be more sensitive to market movements. DGRS has a correlation of 0.52 to the broad based SPY ETF.

DGRS has a market cap of $332.54 million. This is considered a Small Cap stock.

In the last 3 years, DGRS stock traded as high as $49.99 and as low as $35.95.

DGRS has underperformed the market in the last year with a return of +15.8%, while the SPY ETF gained +21.6%. In the last 3 month period, DGRS fell short of the market, returning +3.6%, while SPY returned +4.6%. However, in the most recent 2 weeks DGRS has outperformed the stock market by returning -2.9%, while SPY returned -3.2%.

DGRS support price is $45.81 and resistance is $46.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DGRS stock will trade within this expected range on the day.