DDX vs. DDV

Last updated Jun 24, 2026

DDX (Defined Duration 10 ETF) and DDV (Defined Duration 5 ETF) are both exchange-traded funds - DDX is a Diversified Portfolio fund actively managed by Discipline Funds, while DDV is a Intermediate Core Bond fund actively managed by Discipline Funds. Both are actively managed. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.

Performance

DDX vs. DDV - Performance Comparison

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

Returns By Period

In the year-to-date period, DDX achieves a 4.75% return, which is significantly higher than DDV's 2.12% return.

DDX

• 1D: -0.85%
• 1M: 0.78%
• YTD: 4.75%
• 6M: 4.75%
• 1Y: 11.82%
• 3Y*: 8.12%
• 5Y*: —
• 10Y*: —

DDV

• 1D: -0.30%
• 1M: 0.20%
• YTD: 2.12%
• 6M: 2.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDX vs. DDV - Yearly Performance Comparison

	2026 (YTD)	2025
DDX Defined Duration 10 ETF	4.75%	0.53%
DDV Defined Duration 5 ETF	2.12%	0.47%

Correlation

The correlation between DDX and DDV is 0.93, 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 13, 2025	0.93

Return for Risk

DDX vs. DDV — Risk / Return Rank

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

DDX

DDX Risk / Return Rank: 68
DDX Sharpe Ratio Rank: 71
DDX Sortino Ratio Rank: 75
DDX Omega Ratio Rank: 73
DDX Calmar Ratio Rank: 59
DDX Martin Ratio Rank: 64

DDV

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

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.

DDX vs. DDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defined Duration 10 ETF (DDX) and Defined Duration 5 ETF (DDV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DDX	DDV	Difference
Sharpe ratio: Return per unit of total volatility	2.09	—	—
Sortino ratio: Return per unit of downside risk	3.06	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	2.69	—	—
Martin ratio: Return relative to average drawdown	10.74	—	—

Drawdowns

DDX vs. DDV - Drawdown Comparison

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

Drawdown Indicators

	DDX	DDV	Difference
Max Drawdown Largest peak-to-trough decline	-21.27%	-1.92%	-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	-0.85%	-0.32%	-0.53%
Average Drawdown Average peak-to-trough decline	-7.05%	-0.35%	-6.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.10%	—	—

Volatility

Volatility by Period

	DDX	DDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.69%	2.69%	+3.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.48%	2.69%	+4.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.48%	2.69%	+4.79%

DDX vs. DDV - Expense Ratio Comparison

Both DDX and DDV 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

DDX vs. DDV - Dividend Comparison

DDX's dividend yield for the trailing twelve months is around 3.39%, more than DDV's 1.21% 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 DDX and DDV in my portfolio?

With a correlation of 0.93, DDX and DDV 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, DDX or DDV?

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, DDX or DDV?

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

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

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

What is the main difference between DDX and DDV?

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