DAK vs. IUS

Last updated Jun 6, 2026

DAK (Dakota Active Equity ETF) and IUS (Invesco RAFI Strategic US ETF) are both Large Cap Blend Equities funds. DAK is actively managed, while IUS is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. DAK charges 0.43%/yr vs 0.19%/yr for IUS.

Performance

DAK vs. IUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dakota Active Equity ETF (DAK) and Invesco RAFI Strategic US ETF (IUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DAK achieves a 8.35% return, which is significantly lower than IUS's 13.79% return.

DAK

• 1D: -2.28%
• 1M: 0.23%
• YTD: 8.35%
• 6M: 8.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IUS

• 1D: -2.12%
• 1M: 1.16%
• YTD: 13.79%
• 6M: 13.75%
• 1Y: 31.80%
• 3Y*: 20.19%
• 5Y*: 13.23%
• 10Y*: —

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

DAK vs. IUS - Yearly Performance Comparison

	2026 (YTD)	2025
DAK Dakota Active Equity ETF	8.35%	7.36%
IUS Invesco RAFI Strategic US ETF	13.79%	10.36%

Correlation

The correlation between DAK and IUS is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.91

Return for Risk

DAK vs. IUS — Risk / Return Rank

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

IUS

IUS Risk / Return Rank: 90
IUS Sharpe Ratio Rank: 91
IUS Sortino Ratio Rank: 91
IUS Omega Ratio Rank: 90
IUS Calmar Ratio Rank: 89
IUS Martin Ratio Rank: 92

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.

DAK vs. IUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dakota Active Equity ETF (DAK) and Invesco RAFI Strategic US ETF (IUS). 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

	DAK	IUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.71	0.84	+0.88

Drawdowns

DAK vs. IUS - Drawdown Comparison

The maximum DAK drawdown since its inception was -7.87%, smaller than the maximum IUS drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for DAK and IUS.

Drawdown Indicators

	DAK	IUS	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-34.67%	+26.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.72%	—
Current Drawdown Current decline from peak	-2.36%	-2.12%	-0.24%
Average Drawdown Average peak-to-trough decline	-1.08%	-3.86%	+2.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.44%	—

Volatility

Volatility by Period

	DAK	IUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.39%	10.49%	+0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.39%	15.02%	-3.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.39%	18.05%	-6.66%

DAK vs. IUS - Expense Ratio Comparison

DAK has a 0.43% expense ratio, which is higher than IUS's 0.19% expense ratio.

Dividends

DAK vs. IUS - Dividend Comparison

DAK's dividend yield for the trailing twelve months is around 0.56%, less than IUS's 1.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DAK Dakota Active Equity ETF	0.56%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IUS Invesco RAFI Strategic US ETF	1.31%	1.48%	1.52%	1.72%	1.78%	1.46%	1.74%	1.77%	0.73%

Frequently Asked Questions

Can I hold both DAK and IUS in my portfolio?

With a correlation of 0.91, DAK and IUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DAK or IUS?

On fees, IUS is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DAK or IUS?

IUS is cheaper with a 0.19% expense ratio, compared with 0.43% for DAK.

Which ETF pays a higher dividend yield, DAK or IUS?

IUS has the higher dividend yield at 1.31%, compared with 0.56% for DAK.

What is the main difference between DAK and IUS?

They also come from different issuers: Dakota Wealth and Invesco. Their fees differ too: 0.43% for DAK and 0.19% for IUS.