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SmartETFs Asia Pacific Dividend Builder ETF (ADIV) Sharpe Ratio: 0.99

ETF · Currency in USD · Last updated Jun 24, 2026

ADIV is an actively managed ETF by Guinness Atkinson Asset Management. ADIV launched on Mar 29, 2021 and has a 0.78% expense ratio.

ADIV's Sharpe Ratio of 0.99 indicates that for each unit of volatility, it generates 0.99 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ADIV Sharpe Ratio Rank

ADIV Sharpe Ratio Rank: 29.029
Below Average

ADIV ranks above 29.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

ADIV Sharpe Ratio Market Positioning

The chart shows ADIV's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.85 or lower
  • Yellow zone (middle 50%): 0.85 to 2.21
  • Green zone (top 25%): 2.21 or higher
  • Top 1%: 7.13+
  • Median: 1.60 — half of all investments score higher

How it compares to other similar ETFs

The table compares SmartETFs Asia Pacific Dividend Builder ETF's Sharpe Ratio with other ETFs in the Asia Pacific Equities, Dividend category across multiple time periods, showing how ADIV's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FLTWFranklin FTSE Taiwan ETF3.80
EWYiShares MSCI South Korea ETF3.76
FLKRFranklin FTSE South Korea ETF3.71
MINVMatthews Asia Innovators Active ETF3.68
EWTiShares MSCI Taiwan ETF3.59
LVHIFranklin International Low Volatility High Dividend Index ETF3.34
MKORMatthews Korea Active ETF3.33
INCEFranklin Income Equity Focus ETF2.85
AIAiShares Asia 50 ETF2.75
DEWWisdomTree Global High Dividend Fund2.64
ADIVSmartETFs Asia Pacific Dividend Builder ETF0.99

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ADIV's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ADIV consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does ADIV fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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