CLCV vs. HDV

Last updated Jun 4, 2026

CLCV (Crossmark Large Cap Value ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - CLCV is a Large Cap Value Equities fund actively managed by Crossmark, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. CLCV is actively managed, while HDV is passively managed. At a 0.37 correlation, their price movements are largely independent. CLCV charges 0.50%/yr vs 0.08%/yr for HDV.

Performance

CLCV vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Crossmark Large Cap Value ETF (CLCV) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with CLCV having a 13.65% return and HDV slightly lower at 13.48%.

CLCV

• 1D: -0.54%
• 1M: 8.29%
• YTD: 13.65%
• 6M: 16.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HDV

• 1D: 0.70%
• 1M: 0.51%
• YTD: 13.48%
• 6M: 13.49%
• 1Y: 22.15%
• 3Y*: 15.28%
• 5Y*: 10.47%
• 10Y*: 9.29%

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

CLCV vs. HDV - Yearly Performance Comparison

	2026 (YTD)	2025
CLCV Crossmark Large Cap Value ETF	13.65%	4.88%
HDV iShares Core High Dividend ETF	13.48%	3.11%

Correlation

The correlation between CLCV and HDV is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.37

Return for Risk

CLCV vs. HDV — Risk / Return Rank

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

HDV

HDV Risk / Return Rank: 73
HDV Sharpe Ratio Rank: 71
HDV Sortino Ratio Rank: 76
HDV Omega Ratio Rank: 67
HDV Calmar Ratio Rank: 82
HDV Martin Ratio Rank: 66

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.

CLCV vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Crossmark Large Cap Value ETF (CLCV) and iShares Core High Dividend ETF (HDV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CLCV	HDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.29	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.88	0.73	+1.16

Drawdowns

CLCV vs. HDV - Drawdown Comparison

The maximum CLCV drawdown since its inception was -6.94%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for CLCV and HDV.

Drawdown Indicators

	CLCV	HDV	Difference
Max Drawdown Largest peak-to-trough decline	-6.94%	-37.04%	+30.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.18%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.04%	—
Current Drawdown Current decline from peak	-0.54%	-1.86%	+1.32%
Average Drawdown Average peak-to-trough decline	-1.46%	-3.09%	+1.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.86%	—

Volatility

Volatility by Period

	CLCV	HDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.03%	9.75%	+2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.03%	12.82%	-0.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.03%	15.73%	-3.70%

CLCV vs. HDV - Expense Ratio Comparison

CLCV has a 0.50% expense ratio, which is higher than HDV's 0.08% expense ratio.

Dividends

CLCV vs. HDV - Dividend Comparison

CLCV's dividend yield for the trailing twelve months is around 0.35%, less than HDV's 2.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLCV Crossmark Large Cap Value ETF	0.35%	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HDV iShares Core High Dividend ETF	2.89%	3.22%	3.67%	3.82%	3.56%	3.47%	4.07%	3.27%	3.67%	3.27%	3.28%	3.92%

Frequently Asked Questions

Can I hold both CLCV and HDV in my portfolio?

CLCV and HDV have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLCV or HDV?

On fees, HDV is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLCV or HDV?

HDV is cheaper with a 0.08% expense ratio, compared with 0.50% for CLCV.

Which ETF pays a higher dividend yield, CLCV or HDV?

HDV has the higher dividend yield at 2.89%, compared with 0.35% for CLCV.

What is the main difference between CLCV and HDV?

CLCV is categorized as Large Cap Value Equities, while HDV is Dividend. They also come from different issuers: Crossmark and iShares. Their fees differ too: 0.50% for CLCV and 0.08% for HDV.