Dana Concentrated Dividend ETF (DIVE) belongs to the Dividend category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DIVE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DIVE
DIVE charges 0.65% annually. There are 125 ETFs in the Dividend category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard High Dividend Yield ETF | 0.04% | 96.10B | Nov 2006 | DIVE vs VYM | |
| Vanguard Dividend Appreciation ETF | 0.04% | 127.80B | Apr 2006 | DIVE vs VIG | |
| iShares Core Dividend ETF | 0.05% | 1.89B | Nov 2017 | DIVE vs DIVB | |
| Schwab U.S. Dividend Equity ETF | 0.06% | 99.95B | Oct 2011 | DIVE vs SCHD | |
| Franklin U.S. Core Dividend Tilt Index ETF | 0.06% | 136.08M | Jun 2016 | DIVE vs UDIV |
Best Risk-Adjusted Alternatives to DIVE
Among 129 ETFs in the Dividend category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 93 | 4.99B | Jul 2016 | DIVE vs LVHI | |
| Franklin Income Equity Focus ETF | 90 | 140.41M | Sep 2016 | DIVE vs INCE | |
| WisdomTree Global High Dividend Fund | 84 | 140.68M | Jun 2006 | DIVE vs DEW | |
| Global X Alternative Income ETF | 83 | 44.46M | Jul 2015 | DIVE vs ALTY | |
| Franklin U.S. Dividend Booster Index ETF | 82 | 83.98M | Jan 2025 | DIVE vs XUDV |
Top Performing DIVE Alternatives (YTD)
DIVE is at 0.47% YTD. There are 133 ETFs in the Dividend category with higher YTD returns, going as high as 74.80%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax MRNA Option Income Strategy ETF | 74.80% | 121.45M | Oct 2023 | DIVE vs MRNY | |
| ETRACS 2x Leveraged U.S. Dividend Factor TR ETN | 33.23% | 7.89M | Feb 2021 | DIVE vs SCDL | |
| WisdomTree Emerging Markets Quality Dividend Growt... | 27.59% | 154.36M | Aug 2013 | DIVE vs DGRE | |
| Amplify Natural Resources Dividend Income ETF | 24.70% | 26.84M | Aug 2022 | DIVE vs NDIV | |
| Invesco KBW Premium Yield Equity REIT ETF | 23.12% | 300.62M | Dec 2010 | DIVE vs KBWY |
Lowest Volatility Alternatives to DIVE
DIVE has 13.00% 1-year volatility. There are 76 ETFs in the Dividend category with lower 1-year volatility, going as low as 5.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Alternative Income ETF | 5.89% | 44.46M | Jul 2015 | DIVE vs ALTY | |
| JPMorgan Equity Premium Income ETF | 8.02% | 44.26B | May 2020 | DIVE vs JEPI | |
| Franklin Income Equity Focus ETF | 8.45% | 140.41M | Sep 2016 | DIVE vs INCE | |
| Simplify Enhanced Income ETF | 8.79% | 72.39M | Oct 2022 | DIVE vs HIGH | |
| WisdomTree U.S. LargeCap Dividend Fund | 9.01% | 6.12B | Jun 2006 | DIVE vs DLN |
Lowest Drawdown Alternatives to DIVE
Among 129 ETFs in the Dividend category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -4.27%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Morningstar Dividend Leaders Index Fun... | -4.27% | 9.22B | Mar 2006 | DIVE vs FDL | |
| Global X Alternative Income ETF | -4.34% | 44.46M | Jul 2015 | DIVE vs ALTY | |
| Schwab U.S. Dividend Equity ETF | -4.61% | 99.95B | Oct 2011 | DIVE vs SCHD | |
| Invesco S&P Ultra Dividend Revenue ETF | -4.84% | 1.19B | Oct 2013 | DIVE vs RDIV | |
| Franklin Income Equity Focus ETF | -4.90% | 140.41M | Sep 2016 | DIVE vs INCE |
Other ETFs from Dana
The 2 most viewed Dana ETFs shown here include DUNK, DANA and span 2 categories. AUM among these funds goes as high as $131M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Dana Unconstrained Equity ETF | Large Cap Growth Equities | — | -2.46% | 131.14M | Sep 2025 | DIVE vs DUNK | |
| Dana Limited Volatility ETF | Short-Term Bond | — | 0.43% | 9.44M | Dec 2025 | DIVE vs DANA |
Often Compared With DIVE
Investors most often compare DIVE with DVYA, AMDY, SPYD. These 9 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare DIVE with Any Fund or Stock
Compare DIVE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DIVE with funds that move differently
Dana Concentrated Dividend ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DIVE.
Explore DIVE Diversifiers