DDV vs. DANA

Last updated Jun 4, 2026

DDV (Defined Duration 5 ETF) and DANA (Dana Limited Volatility ETF) are both exchange-traded funds - DDV is a Intermediate Core Bond fund actively managed by Discipline Funds, while DANA is a Short-Term Bond fund actively managed by Dana. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. DDV charges 0.25%/yr vs 0.35%/yr for DANA.

Performance

DDV vs. DANA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defined Duration 5 ETF (DDV) and Dana Limited Volatility ETF (DANA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDV achieves a 2.23% return, which is significantly higher than DANA's 0.37% return.

DDV

• 1D: -0.02%
• 1M: 0.73%
• YTD: 2.23%
• 6M: 2.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DANA

• 1D: -0.20%
• 1M: 0.21%
• YTD: 0.37%
• 6M: 1.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DDV vs. DANA - Yearly Performance Comparison

	2026 (YTD)	2025
DDV Defined Duration 5 ETF	2.23%	0.41%
DANA Dana Limited Volatility ETF	0.37%	0.81%

Correlation

The correlation between DDV and DANA is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.24

Return for Risk

DDV vs. DANA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defined Duration 5 ETF (DDV) and Dana Limited Volatility ETF (DANA). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DDV	DANA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.06	0.83	+1.23

Drawdowns

DDV vs. DANA - Drawdown Comparison

The maximum DDV drawdown since its inception was -1.92%, which is greater than DANA's maximum drawdown of -1.04%. Use the drawdown chart below to compare losses from any high point for DDV and DANA.

Drawdown Indicators

	DDV	DANA	Difference
Max Drawdown Largest peak-to-trough decline	-1.92%	-1.04%	-0.88%
Current Drawdown Current decline from peak	-0.12%	-0.53%	+0.41%
Average Drawdown Average peak-to-trough decline	-0.35%	-0.52%	+0.17%

Volatility

Volatility by Period

	DDV	DANA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.68%	2.92%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.68%	2.92%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.68%	2.92%	-0.24%

DDV vs. DANA - Expense Ratio Comparison

DDV has a 0.25% expense ratio, which is lower than DANA's 0.35% expense ratio.

Dividends

DDV vs. DANA - Dividend Comparison

DDV's dividend yield for the trailing twelve months is around 1.21%, less than DANA's 1.46% yield.

Position	TTM	2025
DANA Dana Limited Volatility ETF	1.46%	0.29%
DDV Defined Duration 5 ETF	1.21%	0.42%

Frequently Asked Questions

Can I hold both DDV and DANA in my portfolio?

DDV and DANA have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDV or DANA?

On fees, DDV is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDV or DANA?

DDV is cheaper with a 0.25% expense ratio, compared with 0.35% for DANA.

Which ETF pays a higher dividend yield, DDV or DANA?

DANA has the higher dividend yield at 1.46%, compared with 1.21% for DDV.

What is the main difference between DDV and DANA?

DDV is categorized as Intermediate Core Bond, while DANA is Short-Term Bond. They also come from different issuers: Discipline Funds and Dana. Their fees differ too: 0.25% for DDV and 0.35% for DANA.