DANA vs. DDV

Last updated Jun 4, 2026

DANA (Dana Limited Volatility ETF) and DDV (Defined Duration 5 ETF) are both exchange-traded funds - DANA is a Short-Term Bond fund actively managed by Dana, while DDV is a Intermediate Core Bond fund actively managed by Discipline Funds. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. DANA charges 0.35%/yr vs 0.25%/yr for DDV.

Performance

DANA vs. DDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dana Limited Volatility ETF (DANA) and Defined Duration 5 ETF (DDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DANA achieves a 0.37% return, which is significantly lower than DDV's 2.23% return.

DANA

• 1D: -0.20%
• 1M: 0.21%
• YTD: 0.37%
• 6M: 1.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDV

• 1D: -0.02%
• 1M: 0.73%
• YTD: 2.23%
• 6M: 2.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DANA vs. DDV - Yearly Performance Comparison

	2026 (YTD)	2025
DANA Dana Limited Volatility ETF	0.37%	0.81%
DDV Defined Duration 5 ETF	2.23%	0.41%

Correlation

The correlation between DANA and DDV is 0.24, 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 Dec 4, 2025	0.24

Return for Risk

DANA vs. DDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dana Limited Volatility ETF (DANA) and Defined Duration 5 ETF (DDV). 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

	DANA	DDV	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	2.06	-1.23

Drawdowns

DANA vs. DDV - Drawdown Comparison

The maximum DANA drawdown since its inception was -1.04%, smaller than the maximum DDV drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for DANA and DDV.

Drawdown Indicators

	DANA	DDV	Difference
Max Drawdown Largest peak-to-trough decline	-1.04%	-1.92%	+0.88%
Current Drawdown Current decline from peak	-0.53%	-0.12%	-0.41%
Average Drawdown Average peak-to-trough decline	-0.52%	-0.35%	-0.17%

Volatility

Volatility by Period

	DANA	DDV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.92%	2.68%	+0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.92%	2.68%	+0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.92%	2.68%	+0.24%

DANA vs. DDV - Expense Ratio Comparison

DANA has a 0.35% expense ratio, which is higher than DDV's 0.25% expense ratio.

Dividends

DANA vs. DDV - Dividend Comparison

DANA's dividend yield for the trailing twelve months is around 1.46%, more than DDV's 1.21% yield.

Position	TTM	2025
DANA Dana Limited Volatility ETF	1.46%	0.29%
DDV Defined Duration 5 ETF	1.21%	0.42%

Frequently Asked Questions

Can I hold both DANA and DDV in my portfolio?

DANA and DDV have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DANA or DDV?

On fees, DDV is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DANA or DDV?

DDV is cheaper with a 0.25% expense ratio, compared with 0.35% for DANA.

Which ETF pays a higher dividend yield, DANA or DDV?

DANA has the higher dividend yield at 1.46%, compared with 1.21% for DDV.

What is the main difference between DANA and DDV?

DANA is categorized as Short-Term Bond, while DDV is Intermediate Core Bond. They also come from different issuers: Dana and Discipline Funds. Their fees differ too: 0.35% for DANA and 0.25% for DDV.