ARLP vs. DIVI

Last updated Aug 1, 2026

ARLP (Alliance Resource Partners, L.P.) is a stock, while DIVI (Franklin International Core Dividend Tilt Index ETF) is Foreign Large Cap Equities fund tracking the Morningstar Developed Markets ex-North America Dividend Enhanced Select Index. Over the past 10 years, ARLP returned 13.40%/yr vs 11.03%/yr for DIVI. Their 0.24 correlation means their historical movements had little consistent relationship.

Performance

ARLP vs. DIVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alliance Resource Partners, L.P. (ARLP) and Franklin International Core Dividend Tilt Index ETF (DIVI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARLP achieves a 17.26% return, which is significantly higher than DIVI's 13.85% return. Over the past 10 years, ARLP has outperformed DIVI with an annualized return of 13.40%, while DIVI has yielded a comparatively lower 11.03% annualized return.

ARLP

• 1D: -0.92%
• 1M: 8.99%
• 6M: 14.36%
• YTD: 17.26%
• 1Y: 7.41%
• 3Y*: 21.62%
• 5Y*: 40.15%
• 10Y*: 13.40%
• ALL TIME*: 15.58%

DIVI

• 1D: -0.66%
• 1M: 1.42%
• 6M: 7.73%
• YTD: 13.85%
• 1Y: 29.42%
• 3Y*: 17.85%
• 5Y*: 13.71%
• 10Y*: 11.03%
• ALL TIME*: 11.08%

*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)
ARLP Alliance Resource Partners, L.P.	$6.60M	$5.99M	$7.50M
DIVI Franklin International Core Dividend Tilt Index ETF	$5.61M	$6.51M	$8.10M

ARLP vs. DIVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARLP Alliance Resource Partners, L.P.	17.26%	-2.45%	39.91%	18.83%	73.34%	195.75%	-56.80%	-28.90%	-1.90%	-4.04%
DIVI Franklin International Core Dividend Tilt Index ETF	13.85%	34.86%	1.77%	18.97%	-1.21%	16.95%	1.29%	22.98%	-6.73%	13.65%

Correlation

The correlation between ARLP and DIVI is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.05
Correlation (3Y) Balances recent behavior with more history.	0.16
Correlation (5Y) Shows whether the relationship held over a longer period.	0.20
Correlation (10Y) Provides a long-term view across more market conditions.	0.24
Correlation (All Time) Calculated using the full available price history since Jun 3, 2016	0.24

The correlation between ARLP and DIVI shifts across timeframes, from 0.05 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ARLP vs. DIVI — Risk / Return Rank

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

ARLP

ARLP Risk / Return Rank: 54
ARLP Sharpe Ratio Rank: 58
ARLP Sortino Ratio Rank: 50
ARLP Omega Ratio Rank: 49
ARLP Calmar Ratio Rank: 57
ARLP Martin Ratio Rank: 56

DIVI

DIVI Risk / Return Rank: 80
DIVI Sharpe Ratio Rank: 82
DIVI Sortino Ratio Rank: 81
DIVI Omega Ratio Rank: 79
DIVI Calmar Ratio Rank: 78
DIVI Martin Ratio Rank: 82

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.

ARLP vs. DIVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alliance Resource Partners, L.P. (ARLP) and Franklin International Core Dividend Tilt Index ETF (DIVI). 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.

	ARLP	DIVI	Difference
Sharpe ratio: Return per unit of total volatility	0.34	1.88	-1.54
Sortino ratio: Return per unit of downside risk	0.66	2.62	-1.97
Omega ratio: Gain probability vs. loss probability	1.08	1.33	-0.25
Calmar ratio: Return relative to maximum drawdown	0.47	2.75	-2.28
Martin ratio: Return relative to average drawdown	0.91	10.77	-9.85

ARLP vs. DIVI - Sharpe Ratio Comparison

The current ARLP Sharpe Ratio is 0.34, which is lower than the DIVI Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of ARLP and DIVI, 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

ARLP vs. DIVI - Drawdown Comparison

The maximum ARLP drawdown since its inception was -90.52%, which is greater than DIVI's maximum drawdown of -27.76%. Use the drawdown chart below to compare losses from any high point for ARLP and DIVI.

Drawdown Indicators

	ARLP	DIVI	Difference
Max Drawdown Largest peak-to-trough decline	-90.52%	-27.76%	-62.76%
Max Drawdown (1Y) Largest decline over 1 year	-16.92%	-10.54%	-6.38%
Max Drawdown (3Y) Largest decline over 3 years	-20.83%	-14.58%	-6.25%
Max Drawdown (5Y) Largest decline over 5 years	-29.13%	-18.53%	-10.60%
Max Drawdown (10Y) Largest decline over 10 years	-85.26%	-27.76%	-57.50%
Current Drawdown Current decline from peak	-8.33%	-0.66%	-7.67%
Average Drawdown Average peak-to-trough decline	-24.27%	-3.59%	-20.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.61%	2.68%	+5.93%

Volatility

ARLP vs. DIVI - Volatility Comparison

Alliance Resource Partners, L.P. (ARLP) has a higher volatility of 5.29% compared to Franklin International Core Dividend Tilt Index ETF (DIVI) at 4.47%. This indicates that ARLP's price experiences larger fluctuations and is considered to be riskier than DIVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARLP	DIVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.29%	4.47%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	16.91%	13.31%	+3.60%
Volatility (1Y) Calculated over the trailing 1-year period	22.98%	15.41%	+7.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.69%	15.48%	+17.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.67%	16.34%	+33.33%

Dividends

ARLP vs. DIVI - Dividend Comparison

ARLP's dividend yield for the trailing twelve months is around 9.25%, more than DIVI's 3.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARLP Alliance Resource Partners, L.P.	9.25%	11.19%	10.65%	13.22%	7.38%	3.16%	8.93%	19.82%	11.94%	9.54%	8.85%	19.74%
DIVI Franklin International Core Dividend Tilt Index ETF	3.55%	3.76%	4.39%	3.17%	6.03%	2.77%	8.04%	1.61%	5.67%	5.22%	11.56%	0.00%

Frequently Asked Questions

Can I hold both ARLP and DIVI in my portfolio?

ARLP and DIVI have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARLP or DIVI?

ARLP has higher volatility (5.29%) compared to DIVI (4.47%). In terms of maximum drawdown, ARLP dropped -90.52% vs DIVI's -27.76%.

Which has better risk-adjusted returns?

DIVI currently has the higher Sharpe Ratio (1.88 vs 0.34), 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.