DDIV vs. VIG
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and Vanguard Dividend Appreciation ETF (VIG).
DDIV and VIG 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. VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Apr 21, 2006. Both DDIV and VIG 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 VIG.
Key characteristics
| DDIV | VIG | |
|---|---|---|
| YTD Return | 7.46% | 3.17% |
| 1Y Return | 19.77% | 13.20% |
| 3Y Return (Ann) | 4.90% | 6.65% |
| 5Y Return (Ann) | 9.30% | 11.36% |
| 10Y Return (Ann) | 8.19% | 10.95% |
| Sharpe Ratio | 1.45 | 1.35 |
| Daily Std Dev | 13.38% | 9.85% |
| Max Drawdown | -47.55% | -46.81% |
| Current Drawdown | -4.51% | -4.32% |
Correlation
The correlation between DDIV and VIG is 0.74, 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.
Performance
DDIV vs. VIG - Performance Comparison
In the year-to-date period, DDIV achieves a 7.46% return, which is significantly higher than VIG's 3.17% return. Over the past 10 years, DDIV has underperformed VIG with an annualized return of 8.19%, while VIG has yielded a comparatively higher 10.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DDIV vs. VIG - Expense Ratio Comparison
DDIV has a 0.60% expense ratio, which is higher than VIG's 0.06% expense ratio.
Risk-Adjusted Performance
DDIV vs. VIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and Vanguard Dividend Appreciation ETF (VIG). 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. VIG - Dividend Comparison
DDIV's dividend yield for the trailing twelve months is around 2.65%, more than VIG's 1.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DDIV First Trust Dorsey Wright Momentum & Dividend ETF | 2.65% | 3.18% | 3.60% | 2.43% | 2.63% | 2.93% | 3.27% | 2.35% | 2.45% | 2.61% | 2.15% | 0.00% |
VIG Vanguard Dividend Appreciation ETF | 1.84% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
Drawdowns
DDIV vs. VIG - Drawdown Comparison
The maximum DDIV drawdown since its inception was -47.55%, roughly equal to the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for DDIV and VIG. For additional features, visit the drawdowns tool.
Volatility
DDIV vs. VIG - Volatility Comparison
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) has a higher volatility of 3.64% compared to Vanguard Dividend Appreciation ETF (VIG) at 2.92%. This indicates that DDIV's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.