DDIV vs. SYLD
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and Cambria Shareholder Yield ETF (SYLD).
DDIV and SYLD 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. SYLD is an actively managed fund by Cambria. It was launched on May 14, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DDIV or SYLD.
Performance
DDIV vs. SYLD - Performance Comparison
Returns By Period
In the year-to-date period, DDIV achieves a 36.30% return, which is significantly higher than SYLD's 13.15% return. Over the past 10 years, DDIV has underperformed SYLD with an annualized return of 9.96%, while SYLD has yielded a comparatively higher 11.99% annualized return.
DDIV
36.30%
8.54%
22.89%
47.09%
12.88%
9.96%
SYLD
13.15%
5.77%
8.13%
23.13%
16.88%
11.99%
Key characteristics
| DDIV | SYLD | |
|---|---|---|
| Sharpe Ratio | 3.27 | 1.46 |
| Sortino Ratio | 4.43 | 2.13 |
| Omega Ratio | 1.57 | 1.26 |
| Calmar Ratio | 3.76 | 2.75 |
| Martin Ratio | 22.62 | 6.43 |
| Ulcer Index | 2.08% | 3.60% |
| Daily Std Dev | 14.40% | 15.84% |
| Max Drawdown | -47.55% | -45.36% |
| Current Drawdown | 0.00% | 0.00% |
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DDIV vs. SYLD - Expense Ratio Comparison
DDIV has a 0.60% expense ratio, which is higher than SYLD's 0.59% expense ratio.
Correlation
The correlation between DDIV and SYLD is 0.78, 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. SYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and Cambria Shareholder Yield ETF (SYLD). 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. SYLD - Dividend Comparison
DDIV's dividend yield for the trailing twelve months is around 2.20%, more than SYLD's 1.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SYLD Cambria Shareholder Yield ETF | 1.74% | 1.92% | 2.20% | 2.22% | 2.00% | 2.07% | 2.52% | 1.48% | 1.92% | 6.45% | 3.89% | 0.82% |
Drawdowns
DDIV vs. SYLD - Drawdown Comparison
The maximum DDIV drawdown since its inception was -47.55%, roughly equal to the maximum SYLD drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for DDIV and SYLD. For additional features, visit the drawdowns tool.
Volatility
DDIV vs. SYLD - Volatility Comparison
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and Cambria Shareholder Yield ETF (SYLD) have volatilities of 5.58% and 5.69%, 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.