DDIV vs. DGRO
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and iShares Core Dividend Growth ETF (DGRO).
DDIV and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DDIV is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright Momentum Plus Dividend Yield Index. It was launched on Mar 10, 2014. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. Both DDIV and DGRO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DDIV or DGRO.
Performance
DDIV vs. DGRO - Performance Comparison
Returns By Period
In the year-to-date period, DDIV achieves a 36.30% return, which is significantly higher than DGRO's 21.44% return. Over the past 10 years, DDIV has underperformed DGRO with an annualized return of 9.96%, while DGRO has yielded a comparatively higher 11.90% annualized return.
DDIV
36.30%
8.54%
22.89%
47.09%
12.88%
9.96%
DGRO
21.44%
1.89%
12.82%
28.56%
12.16%
11.90%
Key characteristics
| DDIV | DGRO | |
|---|---|---|
| Sharpe Ratio | 3.27 | 2.97 |
| Sortino Ratio | 4.43 | 4.18 |
| Omega Ratio | 1.57 | 1.55 |
| Calmar Ratio | 3.76 | 5.86 |
| Martin Ratio | 22.62 | 19.56 |
| Ulcer Index | 2.08% | 1.46% |
| Daily Std Dev | 14.40% | 9.63% |
| Max Drawdown | -47.55% | -35.10% |
| Current Drawdown | 0.00% | 0.00% |
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DDIV vs. DGRO - Expense Ratio Comparison
DDIV has a 0.60% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Correlation
The correlation between DDIV and DGRO is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
DDIV vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and iShares Core Dividend Growth ETF (DGRO). 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.
Dividends
DDIV vs. DGRO - Dividend Comparison
DDIV's dividend yield for the trailing twelve months is around 2.20%, more than DGRO's 2.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DDIV First Trust Dorsey Wright Momentum & Dividend ETF | 2.20% | 3.18% | 3.60% | 2.43% | 2.63% | 2.93% | 3.27% | 2.35% | 2.45% | 2.61% | 2.15% |
DGRO iShares Core Dividend Growth ETF | 2.14% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
DDIV vs. DGRO - Drawdown Comparison
The maximum DDIV drawdown since its inception was -47.55%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for DDIV and DGRO. For additional features, visit the drawdowns tool.
Volatility
DDIV vs. DGRO - Volatility Comparison
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) has a higher volatility of 5.58% compared to iShares Core Dividend Growth ETF (DGRO) at 3.46%. This indicates that DDIV's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.