DDV vs. DDX

Last updated Jun 4, 2026

DDV (Defined Duration 5 ETF) and DDX (Defined Duration 10 ETF) are both exchange-traded funds - DDV is a Intermediate Core Bond fund actively managed by Discipline Funds, while DDX is a Diversified Portfolio fund actively managed by Discipline Funds. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.

Performance

DDV vs. DDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defined Duration 5 ETF (DDV) and Defined Duration 10 ETF (DDX). 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 lower than DDX's 4.86% return.

DDV

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

DDX

• 1D: -0.24%
• 1M: 2.02%
• YTD: 4.86%
• 6M: 5.43%
• 1Y: 12.79%
• 3Y*: 8.16%
• 5Y*: —
• 10Y*: —

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

DDV vs. DDX - Yearly Performance Comparison

	2026 (YTD)	2025
DDV Defined Duration 5 ETF	2.23%	0.71%
DDX Defined Duration 10 ETF	4.86%	1.06%

Correlation

The correlation between DDV and DDX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025	0.94

Return for Risk

DDV vs. DDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DDX

DDX Risk / Return Rank: 70
DDX Sharpe Ratio Rank: 72
DDX Sortino Ratio Rank: 78
DDX Omega Ratio Rank: 76
DDX Calmar Ratio Rank: 59
DDX Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DDV vs. DDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defined Duration 5 ETF (DDV) and Defined Duration 10 ETF (DDX). 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	DDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.06	0.37	+1.70

Drawdowns

DDV vs. DDX - Drawdown Comparison

The maximum DDV drawdown since its inception was -1.92%, smaller than the maximum DDX drawdown of -21.27%. Use the drawdown chart below to compare losses from any high point for DDV and DDX.

Drawdown Indicators

	DDV	DDX	Difference
Max Drawdown Largest peak-to-trough decline	-1.92%	-21.27%	+19.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.17%	—
Current Drawdown Current decline from peak	-0.12%	-0.24%	+0.12%
Average Drawdown Average peak-to-trough decline	-0.35%	-7.12%	+6.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.09%	—

Volatility

Volatility by Period

	DDV	DDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.68%	5.47%	-2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.68%	7.48%	-4.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.68%	7.48%	-4.80%

DDV vs. DDX - Expense Ratio Comparison

Both DDV and DDX have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

DDV vs. DDX - Dividend Comparison

DDV's dividend yield for the trailing twelve months is around 1.21%, less than DDX's 3.39% yield.

Position	TTM	2025	2024	2023	2022	2021
DDV Defined Duration 5 ETF	1.21%	0.42%	0.00%	0.00%	0.00%	0.00%
DDX Defined Duration 10 ETF	3.39%	3.17%	3.11%	2.41%	1.38%	1.14%

Frequently Asked Questions

Can I hold both DDV and DDX in my portfolio?

With a correlation of 0.94, DDV and DDX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DDV or DDX?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDV or DDX?

DDV and DDX have the same expense ratio: 0.25% per year.

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

DDX has the higher dividend yield at 3.39%, compared with 1.21% for DDV.

What is the main difference between DDV and DDX?

DDV is categorized as Intermediate Core Bond, while DDX is Diversified Portfolio.