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DDIV vs. TDIV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DDIV and TDIV is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

DDIV vs. TDIV - 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 NASDAQ Technology Dividend Index Fund (TDIV). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
12.06%
2.74%
DDIV
TDIV

Key characteristics

Sharpe Ratio

DDIV:

1.70

TDIV:

1.37

Sortino Ratio

DDIV:

2.36

TDIV:

1.91

Omega Ratio

DDIV:

1.31

TDIV:

1.24

Calmar Ratio

DDIV:

2.75

TDIV:

2.13

Martin Ratio

DDIV:

10.57

TDIV:

7.70

Ulcer Index

DDIV:

2.36%

TDIV:

3.17%

Daily Std Dev

DDIV:

14.67%

TDIV:

17.86%

Max Drawdown

DDIV:

-47.55%

TDIV:

-31.97%

Current Drawdown

DDIV:

-8.76%

TDIV:

-4.66%

Returns By Period

In the year-to-date period, DDIV achieves a 25.06% return, which is significantly higher than TDIV's 23.48% return. Over the past 10 years, DDIV has underperformed TDIV with an annualized return of 8.77%, while TDIV has yielded a comparatively higher 13.43% annualized return.


DDIV

YTD

25.06%

1M

-5.90%

6M

12.06%

1Y

26.74%

5Y*

10.28%

10Y*

8.77%

TDIV

YTD

23.48%

1M

-0.67%

6M

1.44%

1Y

23.97%

5Y*

15.01%

10Y*

13.43%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DDIV vs. TDIV - Expense Ratio Comparison

DDIV has a 0.60% expense ratio, which is higher than TDIV's 0.50% expense ratio.


DDIV
First Trust Dorsey Wright Momentum & Dividend ETF
Expense ratio chart for DDIV: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for TDIV: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

DDIV vs. TDIV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). 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.


Sharpe ratio
The chart of Sharpe ratio for DDIV, currently valued at 1.70, compared to the broader market0.002.004.001.701.34
The chart of Sortino ratio for DDIV, currently valued at 2.36, compared to the broader market-2.000.002.004.006.008.0010.002.361.88
The chart of Omega ratio for DDIV, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.311.23
The chart of Calmar ratio for DDIV, currently valued at 2.75, compared to the broader market0.005.0010.0015.002.752.10
The chart of Martin ratio for DDIV, currently valued at 10.57, compared to the broader market0.0020.0040.0060.0080.00100.0010.577.55
DDIV
TDIV

The current DDIV Sharpe Ratio is 1.70, which is comparable to the TDIV Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of DDIV and TDIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.70
1.34
DDIV
TDIV

Dividends

DDIV vs. TDIV - Dividend Comparison

DDIV's dividend yield for the trailing twelve months is around 3.19%, more than TDIV's 1.60% yield.


TTM20232022202120202019201820172016201520142013
DDIV
First Trust Dorsey Wright Momentum & Dividend ETF
3.19%3.18%3.60%2.43%2.63%2.93%3.27%2.35%2.45%2.61%2.15%0.00%
TDIV
First Trust NASDAQ Technology Dividend Index Fund
1.60%1.74%2.51%1.76%2.08%2.27%2.96%2.27%2.45%2.52%2.80%2.31%

Drawdowns

DDIV vs. TDIV - Drawdown Comparison

The maximum DDIV drawdown since its inception was -47.55%, which is greater than TDIV's maximum drawdown of -31.97%. Use the drawdown chart below to compare losses from any high point for DDIV and TDIV. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.76%
-4.66%
DDIV
TDIV

Volatility

DDIV vs. TDIV - Volatility Comparison

The current volatility for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is 5.00%, while First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a volatility of 5.30%. This indicates that DDIV experiences smaller price fluctuations and is considered to be less risky than TDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.00%
5.30%
DDIV
TDIV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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