DIVE Alternatives & Similar ETFs

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 130 ETFs in the Dividend category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
VIG	Vanguard Dividend Appreciation ETF	0.04%	127.80B	Apr 2006	DIVE vs VIG
VYM	Vanguard High Dividend Yield ETF	0.04%	96.10B	Nov 2006	DIVE vs VYM
DIVB	iShares Core Dividend ETF	0.05%	1.59B	Nov 2017	DIVE vs DIVB
SCHD	Schwab U.S. Dividend Equity ETF	0.06%	98.55B	Oct 2011	DIVE vs SCHD
UDIV	Franklin U.S. Core Dividend Tilt Index ETF	0.06%	139.61M	Jun 2016	DIVE vs UDIV

Best Risk-Adjusted Alternatives to DIVE

Among 131 ETFs in the Dividend category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVHI	Franklin International Low Volatility High Dividen...	96	5.00B	Jul 2016	DIVE vs LVHI
DEW	WisdomTree Global High Dividend Fund	92	142.37M	Jun 2006	DIVE vs DEW
INCE	Franklin Income Equity Focus ETF	92	131.46M	Sep 2016	DIVE vs INCE
RDIV	Invesco S&P Ultra Dividend Revenue ETF	92	1.31B	Oct 2013	DIVE vs RDIV
ALTY	Global X Alternative Income ETF	91	45.46M	Jul 2015	DIVE vs ALTY

Top Performing DIVE Alternatives (YTD)

DIVE is at 5.99% YTD. There are 123 ETFs in the Dividend category with higher YTD returns, going as high as 80.55%.

Symbol	Name	YTD Return	AUM	Inception
MRNY	YieldMax MRNA Option Income Strategy ETF	80.55%	127.56M	Oct 2023	DIVE vs MRNY
SCDL	ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	43.61%	8.22M	Feb 2021	DIVE vs SCDL
KBWY	Invesco KBW Premium Yield Equity REIT ETF	30.06%	314.47M	Dec 2010	DIVE vs KBWY
NDIV	Amplify Natural Resources Dividend Income ETF	27.53%	26.22M	Aug 2022	DIVE vs NDIV
XUDV	Franklin U.S. Dividend Booster Index ETF	25.04%	75.52M	Jan 2025	DIVE vs XUDV

Lowest Volatility Alternatives to DIVE

DIVE has 12.93% 1-year volatility. There are 82 ETFs in the Dividend category with lower 1-year volatility, going as low as 5.84%.

Symbol	Name	Volatility 1Y	AUM	Inception
ALTY	Global X Alternative Income ETF	5.84%	45.46M	Jul 2015	DIVE vs ALTY
HIGH	Simplify Enhanced Income ETF	7.25%	71.03M	Oct 2022	DIVE vs HIGH
JEPI	JPMorgan Equity Premium Income ETF	8.02%	45.17B	May 2020	DIVE vs JEPI
INCE	Franklin Income Equity Focus ETF	8.35%	131.46M	Sep 2016	DIVE vs INCE
DLN	WisdomTree U.S. LargeCap Dividend Fund	8.90%	6.21B	Jun 2006	DIVE vs DLN

Lowest Drawdown Alternatives to DIVE

Among 131 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
FDL	First Trust Morningstar Dividend Leaders Index Fun...	-4.27%	7.48B	Mar 2006	DIVE vs FDL
ALTY	Global X Alternative Income ETF	-4.34%	45.46M	Jul 2015	DIVE vs ALTY
SCHD	Schwab U.S. Dividend Equity ETF	-4.61%	98.55B	Oct 2011	DIVE vs SCHD
RDIV	Invesco S&P Ultra Dividend Revenue ETF	-4.84%	1.31B	Oct 2013	DIVE vs RDIV
INCE	Franklin Income Equity Focus ETF	-4.90%	131.46M	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
DUNK	Dana Unconstrained Equity ETF	Large Cap Growth Equities	—	5.80%	131.14M	Sep 2025	DIVE vs DUNK
DANA	Dana Limited Volatility ETF	Short-Term Bond	—	0.63%	9.44M	Dec 2025	DIVE vs DANA

Often Compared With DIVE

Investors most often compare DIVE with SPYD, DVYA, AMDY. These 11 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	65	17.05%	7.40B	Oct 2015	DIVE vs SPYD
DVYA	iShares Asia/Pacific Dividend ETF	Asia Pacific Equities, Dividend	83	14.32%	68.46M	Feb 2012	DIVE vs DVYA
AMDY	YieldMax AMD Option Income Strategy ETF	Derivative Income, Options Trading	89	97.19%	443.39M	Sep 2023	DIVE vs AMDY
DGRE	WisdomTree Emerging Markets Quality Dividend Growt...	Emerging Markets Equities, Dividend	67	22.57%	145.45M	Aug 2013	DIVE vs DGRE
GCOW	Pacer Global Cash Cows Dividend ETF	Large Cap Value Equities, Dividend	75	10.82%	3.24B	Feb 2016	DIVE vs GCOW
IDV	iShares International Select Dividend ETF	Global Equities, Dividend	82	11.69%	8.08B	Jun 2007	DIVE vs IDV
DJD	Invesco Dow Jones Industrial Average Dividend ETF	Large Cap Value Equities, Dividend	86	13.31%	475.48M	Dec 2015	DIVE vs DJD
DFND	Siren DIVCON Dividend Defender ETF	Large Cap Blend Equities, Dividend	—	—	8.98M	Jan 2016	DIVE vs DFND
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	33	13.37%	4.34B	Aug 2012	DIVE vs TDIV
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	84	14.60%	20.50B	Feb 2016	DIVE vs VYMI
DES	WisdomTree U.S. SmallCap Dividend Fund	Small Cap Blend Equities, Dividend	79	24.63%	2.16B	Jun 2006	DIVE vs DES

Compare DIVE with Any Fund or Stock

Compare DIVE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

Dana Concentrated Dividend ETF (DIVE) Alternatives