DDIV vs. RDVY

Last updated Aug 4, 2026

DDIV (First Trust Dorsey Wright Momentum & Dividend ETF) and RDVY (First Trust Rising Dividend Achievers ETF) are both exchange-traded funds - DDIV is a Momentum fund tracking the Dorsey Wright Momentum Plus Dividend Yield Index, while RDVY is a Dividend fund tracking the Nasdaq US Rising Dividend Achievers Index. Both are passively managed. Over the past 10 years, DDIV returned 10.11%/yr vs 16.08%/yr for RDVY. Their 0.77 correlation means they have sometimes moved together and sometimes differently. DDIV charges 0.60%/yr vs 0.47%/yr for RDVY.

Performance

DDIV vs. RDVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and First Trust Rising Dividend Achievers ETF (RDVY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDIV achieves a 14.18% return, which is significantly lower than RDVY's 18.21% return. Over the past 10 years, DDIV has underperformed RDVY with an annualized return of 10.11%, while RDVY has yielded a comparatively higher 16.08% annualized return.

DDIV

• 1D: 0.39%
• 1M: 3.93%
• 6M: 9.75%
• YTD: 14.18%
• 1Y: 26.26%
• 3Y*: 20.51%
• 5Y*: 12.00%
• 10Y*: 10.11%
• ALL TIME*: 9.22%

RDVY

• 1D: 0.81%
• 1M: 2.01%
• 6M: 12.29%
• YTD: 18.21%
• 1Y: 31.80%
• 3Y*: 20.39%
• 5Y*: 13.07%
• 10Y*: 16.08%
• ALL TIME*: 13.82%

*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)
DDIV First Trust Dorsey Wright Momentum & Dividend ETF	$943.17K	$544.16K	$292.85K
RDVY First Trust Rising Dividend Achievers ETF	$79.27M	$78.43M	$84.11M

DDIV vs. RDVY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DDIV First Trust Dorsey Wright Momentum & Dividend ETF	14.18%	12.23%	27.18%	9.95%	-12.44%	39.96%	-3.59%	32.40%	-16.50%	11.31%
RDVY First Trust Rising Dividend Achievers ETF	18.21%	18.90%	16.41%	20.38%	-13.27%	31.14%	13.47%	37.71%	-9.92%	22.75%

Correlation

The correlation between DDIV and RDVY is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.83
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (10Y) Provides a long-term view across more market conditions.	0.80
Correlation (All Time) Calculated using the full available price history since Mar 11, 2014	0.77

The correlation between DDIV and RDVY shifts across timeframes, from 0.72 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.

DDIV vs. RDVY - Sectors Allocation Comparison

Sectors	DDIV	RDVY
Energy	26.5%	2.8%
Financial Services	22.8%	38.9%
Real Estate	15.5%	-
Consumer Defensive	7.3%	2.8%
Industrials	6.8%	12.5%
Consumer Cyclical	5.5%	11.1%
Utilities	5.4%	1.4%
Healthcare	4.0%	5.6%
Basic Materials	2.9%	-
Communication Services	2.3%	4.2%
Technology	1.0%	19.4%

Return for Risk

DDIV vs. RDVY — Risk / Return Rank

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

DDIV

DDIV Risk / Return Rank: 72
DDIV Sharpe Ratio Rank: 77
DDIV Sortino Ratio Rank: 75
DDIV Omega Ratio Rank: 77
DDIV Calmar Ratio Rank: 64
DDIV Martin Ratio Rank: 68

RDVY

RDVY Risk / Return Rank: 88
RDVY Sharpe Ratio Rank: 88
RDVY Sortino Ratio Rank: 89
RDVY Omega Ratio Rank: 85
RDVY Calmar Ratio Rank: 87
RDVY Martin Ratio Rank: 90

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.

DDIV vs. RDVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and First Trust Rising Dividend Achievers ETF (RDVY). 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.

	DDIV	RDVY	Difference
Sharpe ratio: Return per unit of total volatility	1.83	2.19	-0.35
Sortino ratio: Return per unit of downside risk	2.54	3.10	-0.56
Omega ratio: Gain probability vs. loss probability	1.33	1.38	-0.04
Calmar ratio: Return relative to maximum drawdown	2.33	3.54	-1.20
Martin ratio: Return relative to average drawdown	8.58	14.83	-6.25

DDIV vs. RDVY - Sharpe Ratio Comparison

The current DDIV Sharpe Ratio is 1.83, which is comparable to the RDVY Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of DDIV and RDVY, 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

DDIV vs. RDVY - Drawdown Comparison

The maximum DDIV drawdown since its inception was -47.56%, which is greater than RDVY's maximum drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for DDIV and RDVY.

Drawdown Indicators

	DDIV	RDVY	Difference
Max Drawdown Largest peak-to-trough decline	-47.56%	-40.60%	-6.96%
Max Drawdown (1Y) Largest decline over 1 year	-11.31%	-9.04%	-2.27%
Max Drawdown (3Y) Largest decline over 3 years	-18.97%	-19.11%	+0.14%
Max Drawdown (5Y) Largest decline over 5 years	-21.10%	-25.32%	+4.22%
Max Drawdown (10Y) Largest decline over 10 years	-47.56%	-40.60%	-6.96%
Current Drawdown Current decline from peak	-1.15%	0.00%	-1.15%
Average Drawdown Average peak-to-trough decline	-5.95%	-4.95%	-1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	2.15%	+0.92%

Volatility

DDIV vs. RDVY - Volatility Comparison

First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and First Trust Rising Dividend Achievers ETF (RDVY) have volatilities of 3.60% and 3.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDIV	RDVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	3.55%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	11.39%	11.40%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	14.42%	14.64%	-0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.25%	18.93%	-0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.91%	21.03%	-1.12%

DDIV vs. RDVY - Expense Ratio Comparison

DDIV has a 0.60% expense ratio, which is higher than RDVY's 0.47% expense ratio.

Dividends

DDIV vs. RDVY - Dividend Comparison

DDIV's dividend yield for the trailing twelve months is around 1.52%, more than RDVY's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DDIV First Trust Dorsey Wright Momentum & Dividend ETF	1.52%	1.94%	2.22%	3.18%	3.60%	2.43%	2.63%	2.93%	3.27%	0.00%	0.00%	0.00%
RDVY First Trust Rising Dividend Achievers ETF	0.83%	1.11%	1.64%	2.09%	2.21%	1.04%	1.53%	1.55%	1.68%	1.25%	2.07%	2.14%

Frequently Asked Questions

Can I hold both DDIV and RDVY in my portfolio?

DDIV and RDVY have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DDIV or RDVY?

DDIV has higher volatility (3.60%) compared to RDVY (3.55%). In terms of maximum drawdown, DDIV dropped -47.56% vs RDVY's -40.60%.

Which ETF is better, DDIV or RDVY?

On 10-year performance, RDVY leads with 16.08% vs 10.11% for DDIV. On fees, RDVY is cheaper at 0.47% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DDIV or RDVY?

Over the 10-year period, RDVY has performed better with a 16.08% return vs 10.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DDIV or RDVY?

RDVY is cheaper with a 0.47% expense ratio, compared with 0.60% for DDIV.

Which ETF pays a higher dividend yield, DDIV or RDVY?

DDIV has the higher dividend yield at 1.52%, compared with 0.83% for RDVY.

What is the main difference between DDIV and RDVY?

DDIV is categorized as Momentum, while RDVY is Dividend. DDIV tracks Dorsey Wright Momentum Plus Dividend Yield Index, while RDVY tracks Nasdaq US Rising Dividend Achievers Index. Their fees differ too: 0.60% for DDIV and 0.47% for RDVY.

Which has better risk-adjusted returns?

RDVY currently has the higher Sharpe Ratio (2.19 vs 1.83), 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.