ACWV vs. DIVD

Last updated Jul 17, 2026

ACWV (iShares MSCI Global Min Vol Factor ETF) and DIVD (Altrius Global Dividend ETF) are both Global Equities funds. ACWV is passively managed, while DIVD is actively managed. Over the past 3 years, ACWV returned 9.83%/yr vs 17.29%/yr for DIVD. A 0.78 correlation means they provide meaningful diversification when combined. ACWV charges 0.20%/yr vs 0.49%/yr for DIVD.

Performance

ACWV vs. DIVD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Min Vol Factor ETF (ACWV) and Altrius Global Dividend ETF (DIVD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACWV achieves a 3.64% return, which is significantly lower than DIVD's 15.56% return.

ACWV

• 1D: 0.82%
• 1M: 0.81%
• 6M: 2.67%
• YTD: 3.64%
• 1Y: 6.12%
• 3Y*: 9.83%
• 5Y*: 5.48%
• 10Y*: 6.99%

DIVD

• 1D: 1.13%
• 1M: 2.02%
• 6M: 11.24%
• YTD: 15.56%
• 1Y: 26.02%
• 3Y*: 17.29%
• 5Y*: —
• 10Y*: —

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

ACWV vs. DIVD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ACWV iShares MSCI Global Min Vol Factor ETF	3.64%	11.04%	11.38%	8.23%	7.40%
DIVD Altrius Global Dividend ETF	15.56%	26.18%	2.52%	14.27%	17.01%

Correlation

The correlation between ACWV and DIVD is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022	0.78

The correlation between ACWV and DIVD has been stable across timeframes, ranging from 0.70 to 0.78 - a consistent structural relationship.

ACWV vs. DIVD - Sectors Allocation Comparison

Sectors	ACWV	DIVD
Technology	25.8%	4.4%
Financial Services	13.2%	20.4%
Healthcare	13.0%	20.8%
Communication Services	11.9%	3.3%
Consumer Defensive	9.8%	18.3%
Industrials	8.1%	13.4%
Utilities	7.3%	-
Consumer Cyclical	5.1%	4.4%
Energy	3.7%	7.8%
Basic Materials	1.5%	4.6%
Real Estate	0.6%	1.4%

Return for Risk

ACWV vs. DIVD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACWV

ACWV Risk / Return Rank: 25
ACWV Sharpe Ratio Rank: 25
ACWV Sortino Ratio Rank: 24
ACWV Omega Ratio Rank: 24
ACWV Calmar Ratio Rank: 25
ACWV Martin Ratio Rank: 26

DIVD

DIVD Risk / Return Rank: 87
DIVD Sharpe Ratio Rank: 88
DIVD Sortino Ratio Rank: 89
DIVD Omega Ratio Rank: 86
DIVD Calmar Ratio Rank: 87
DIVD Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACWV vs. DIVD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Min Vol Factor ETF (ACWV) and Altrius Global Dividend ETF (DIVD). 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.

	ACWV	DIVD	Difference
Sharpe ratio: Return per unit of total volatility	0.77	2.31	-1.54
Sortino ratio: Return per unit of downside risk	1.14	3.35	-2.21
Omega ratio: Gain probability vs. loss probability	1.14	1.41	-0.27
Calmar ratio: Return relative to maximum drawdown	0.97	3.90	-2.94
Martin ratio: Return relative to average drawdown	2.75	14.32	-11.57

ACWV vs. DIVD - Sharpe Ratio Comparison

The current ACWV Sharpe Ratio is 0.77, which is lower than the DIVD Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of ACWV and DIVD, 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

ACWV vs. DIVD - Drawdown Comparison

The maximum ACWV drawdown since its inception was -28.82%, which is greater than DIVD's maximum drawdown of -13.88%. Use the drawdown chart below to compare losses from any high point for ACWV and DIVD.

Drawdown Indicators

	ACWV	DIVD	Difference
Max Drawdown Largest peak-to-trough decline	-28.82%	-13.88%	-14.94%
Max Drawdown (1Y) Largest decline over 1 year	-6.37%	-6.70%	+0.33%
Max Drawdown (3Y) Largest decline over 3 years	-7.56%	-13.88%	+6.32%
Max Drawdown (5Y) Largest decline over 5 years	-18.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.82%	—	—
Current Drawdown Current decline from peak	-1.70%	0.00%	-1.70%
Average Drawdown Average peak-to-trough decline	-3.11%	-2.18%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	1.82%	+0.41%

Volatility

ACWV vs. DIVD - Volatility Comparison

iShares MSCI Global Min Vol Factor ETF (ACWV) and Altrius Global Dividend ETF (DIVD) have volatilities of 3.29% and 3.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACWV	DIVD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	3.28%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	6.28%	8.46%	-2.18%
Volatility (1Y) Calculated over the trailing 1-year period	8.05%	11.35%	-3.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.28%	13.21%	-2.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.29%	13.21%	-0.92%

ACWV vs. DIVD - Expense Ratio Comparison

ACWV has a 0.20% expense ratio, which is lower than DIVD's 0.49% expense ratio.

Dividends

ACWV vs. DIVD - Dividend Comparison

ACWV's dividend yield for the trailing twelve months is around 1.94%, less than DIVD's 2.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACWV iShares MSCI Global Min Vol Factor ETF	1.94%	2.09%	2.33%	2.41%	2.18%	1.92%	1.77%	2.54%	2.32%	2.04%	2.56%	2.28%
DIVD Altrius Global Dividend ETF	2.68%	2.86%	3.39%	2.96%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ACWV and DIVD in my portfolio?

ACWV and DIVD have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACWV or DIVD?

ACWV has higher volatility (3.29%) compared to DIVD (3.28%). In terms of maximum drawdown, ACWV dropped -28.82% vs DIVD's -13.88%.

Which ETF is better, ACWV or DIVD?

On 3-year performance, DIVD leads with 17.29% vs 9.83% for ACWV. On fees, ACWV is cheaper at 0.20% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ACWV or DIVD?

Over the 3-year period, DIVD has performed better with a 17.29% return vs 9.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ACWV or DIVD?

ACWV is cheaper with a 0.20% expense ratio, compared with 0.49% for DIVD.

Which ETF pays a higher dividend yield, ACWV or DIVD?

DIVD has the higher dividend yield at 2.68%, compared with 1.94% for ACWV.

What is the main difference between ACWV and DIVD?

They also come from different issuers: iShares and Altrius. Their fees differ too: 0.20% for ACWV and 0.49% for DIVD.

Which has better risk-adjusted returns?

DIVD currently has the higher Sharpe Ratio (2.31 vs 0.77), 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.