ACVU vs. MDLV

Last updated Aug 2, 2026

ACVU (Hartford Alpha Capture Value ETF) and MDLV (Morgan Dempsey Large Cap Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, ACVU returned 31.54% vs 20.08% for MDLV. Their 0.77 correlation means they have sometimes moved together and sometimes differently. ACVU charges 0.45%/yr vs 0.58%/yr for MDLV.

Performance

ACVU vs. MDLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Alpha Capture Value ETF (ACVU) and Morgan Dempsey Large Cap Value ETF (MDLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACVU achieves a 16.39% return, which is significantly higher than MDLV's 12.51% return.

ACVU

• 1D: 0.89%
• 1M: 1.43%
• 6M: 13.19%
• YTD: 16.39%
• 1Y: 31.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.91%

MDLV

• 1D: 0.04%
• 1M: 0.98%
• 6M: 6.14%
• YTD: 12.51%
• 1Y: 20.08%
• 3Y*: 12.71%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ACVU Hartford Alpha Capture Value ETF	$620.51K	$366.35K	$236.21K
MDLV Morgan Dempsey Large Cap Value ETF	$182.53K	$187.37K	$196.78K

ACVU vs. MDLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ACVU Hartford Alpha Capture Value ETF	16.39%	14.54%	9.83%	8.16%
MDLV Morgan Dempsey Large Cap Value ETF	12.51%	13.30%	10.16%	7.90%

Correlation

The correlation between ACVU and MDLV is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.62
Correlation (All Time) Calculated using the full available price history since Oct 16, 2023	0.77

The correlation between ACVU and MDLV shifts across timeframes, from 0.62 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

ACVU vs. MDLV - Sectors Allocation Comparison

Sectors	ACVU	MDLV
Financial Services	20.5%	15.4%
Technology	19.0%	9.6%
Healthcare	15.0%	8.6%
Industrials	10.6%	15.1%
Consumer Cyclical	8.9%	4.4%
Utilities	6.7%	15.3%
Energy	6.0%	13.6%
Consumer Defensive	5.6%	8.3%
Real Estate	3.1%	1.9%
Communication Services	2.0%	5.5%
Basic Materials	1.5%	2.4%

Return for Risk

ACVU vs. MDLV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ACVU

ACVU Risk / Return Rank: 93
ACVU Sharpe Ratio Rank: 95
ACVU Sortino Ratio Rank: 94
ACVU Omega Ratio Rank: 93
ACVU Calmar Ratio Rank: 91
ACVU Martin Ratio Rank: 93

MDLV

MDLV Risk / Return Rank: 89
MDLV Sharpe Ratio Rank: 88
MDLV Sortino Ratio Rank: 89
MDLV Omega Ratio Rank: 84
MDLV Calmar Ratio Rank: 93
MDLV Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ACVU vs. MDLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Alpha Capture Value ETF (ACVU) and Morgan Dempsey Large Cap Value ETF (MDLV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ACVU	MDLV	Difference
Sharpe ratio: Return per unit of total volatility	2.72	2.13	+0.59
Sortino ratio: Return per unit of downside risk	3.85	3.10	+0.75
Omega ratio: Gain probability vs. loss probability	1.49	1.36	+0.12
Calmar ratio: Return relative to maximum drawdown	4.03	4.57	-0.53
Martin ratio: Return relative to average drawdown	17.00	14.36	+2.64

ACVU vs. MDLV - Sharpe Ratio Comparison

The current ACVU Sharpe Ratio is 2.72, which is comparable to the MDLV Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of ACVU and MDLV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ACVU vs. MDLV - Drawdown Comparison

The maximum ACVU drawdown since its inception was -13.11%, which is greater than MDLV's maximum drawdown of -10.71%. Use the drawdown chart below to compare losses from any high point for ACVU and MDLV.

Drawdown Indicators

	ACVU	MDLV	Difference
Max Drawdown Largest peak-to-trough decline	-13.11%	-10.71%	-2.40%
Max Drawdown (1Y) Largest decline over 1 year	-7.56%	-4.27%	-3.29%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.71%	—
Current Drawdown Current decline from peak	0.00%	-1.20%	+1.20%
Average Drawdown Average peak-to-trough decline	-1.88%	-2.23%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	1.35%	+0.44%

Volatility

ACVU vs. MDLV - Volatility Comparison

The current volatility for Hartford Alpha Capture Value ETF (ACVU) is 2.80%, while Morgan Dempsey Large Cap Value ETF (MDLV) has a volatility of 3.39%. This indicates that ACVU experiences smaller price fluctuations and is considered to be less risky than MDLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACVU	MDLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.80%	3.39%	-0.59%
Volatility (6M) Calculated over the trailing 6-month period	8.63%	6.97%	+1.66%
Volatility (1Y) Calculated over the trailing 1-year period	11.31%	9.17%	+2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.27%	10.52%	+1.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.27%	10.52%	+1.75%

ACVU vs. MDLV - Expense Ratio Comparison

ACVU has a 0.45% expense ratio, which is lower than MDLV's 0.58% expense ratio.

Dividends

ACVU vs. MDLV - Dividend Comparison

ACVU's dividend yield for the trailing twelve months is around 1.69%, less than MDLV's 2.70% yield.

Position	TTM	2025	2024	2023
ACVU Hartford Alpha Capture Value ETF	1.69%	1.97%	3.91%	2.87%
MDLV Morgan Dempsey Large Cap Value ETF	2.70%	3.00%	2.78%	2.35%

Frequently Asked Questions

Can I hold both ACVU and MDLV in my portfolio?

ACVU and MDLV have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACVU or MDLV?

MDLV has higher volatility (3.39%) compared to ACVU (2.80%). In terms of maximum drawdown, ACVU dropped -13.11% vs MDLV's -10.71%.

Which ETF is better, ACVU or MDLV?

On 1-year performance, ACVU leads with 31.54% vs 20.08% for MDLV. On fees, ACVU is cheaper at 0.45% per year. On volatility, ACVU has been the lower-risk option at 2.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ACVU or MDLV?

Over the 1-year period, ACVU has performed better with a 31.54% return vs 20.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ACVU or MDLV?

ACVU is cheaper with a 0.45% expense ratio, compared with 0.58% for MDLV.

Which ETF pays a higher dividend yield, ACVU or MDLV?

MDLV has the higher dividend yield at 2.70%, compared with 1.69% for ACVU.

What is the main difference between ACVU and MDLV?

They also come from different issuers: Hartford and Morgan Dempsey. Their fees differ too: 0.45% for ACVU and 0.58% for MDLV.

Which has better risk-adjusted returns?

ACVU currently has the higher Sharpe Ratio (2.72 vs 2.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.