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Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA) Sharpe Ratio: 0.78

ETF · Currency in USD · Last updated Jun 18, 2026

DFRA is a passive ETF by Donoghue Forlines tracking the investment results of the FCF Yield Enhanced Real Asset Index - Benchmark TR Net. DFRA launched on Dec 13, 2021 and has a 0.69% expense ratio.

DFRA's Sharpe Ratio of 0.78 indicates that for each unit of volatility, it generates 0.78 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 18, 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.

DFRA Sharpe Ratio Rank

DFRA Sharpe Ratio Rank: 22.923
Below Average

DFRA ranks above 22.9% 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

DFRA Sharpe Ratio Market Positioning

The chart shows DFRA'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%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.21
  • Green zone (top 25%): 2.21 or higher
  • Top 1%: 7.28+
  • Median: 1.63 — half of all investments score higher

How it compares to other similar ETFs

The table compares Donoghue Forlines Yield Enhanced Real Asset ETF's Sharpe Ratio with other ETFs in the Large Cap Value Equities category across multiple time periods, showing how DFRA'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 18, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
VLUEiShares MSCI USA Value Factor ETF4.53
SEIVSEI Enhanced US Large Cap Value Factor ETF3.24
AVLVAvantis U.S. Large Cap Value ETF3.03
PWVInvesco Dynamic Large Cap Value ETF3.01
FNDXSchwab Fundamental U.S. Large Company Index ETF3.00
PVALPutnam Focused Large Cap Value ETF2.99
LSVDLSV Disciplined Value ETF2.96
PRFInvesco RAFI US 1000 ETF2.95
MGVVanguard Mega Cap Value ETF2.91
IWXiShares Russell Top 200 Value ETF2.89
DFRADonoghue Forlines Yield Enhanced Real Asset ETF0.78

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows DFRA'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 DFRA consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does DFRA fit in your portfolio?

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

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