DFRA vs. LVDS

Last updated Jun 18, 2026

DFRA (Donoghue Forlines Yield Enhanced Real Asset ETF) and LVDS (JPMorgan Fundamental Data Science Large Value ETF) are both Large Cap Value Equities funds. DFRA is passively managed, while LVDS is actively managed. A 0.78 correlation means they provide meaningful diversification when combined. DFRA charges 0.69%/yr vs 0.30%/yr for LVDS.

Performance

DFRA vs. LVDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA) and JPMorgan Fundamental Data Science Large Value ETF (LVDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFRA achieves a 5.85% return, which is significantly lower than LVDS's 15.27% return.

DFRA

• 1D: -1.53%
• 1M: -3.11%
• YTD: 5.85%
• 6M: 5.88%
• 1Y: 11.62%
• 3Y*: 10.53%
• 5Y*: —
• 10Y*: —

LVDS

• 1D: -0.89%
• 1M: 4.24%
• YTD: 15.27%
• 6M: 16.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DFRA vs. LVDS - Yearly Performance Comparison

	2026 (YTD)	2025
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF	5.85%	1.85%
LVDS JPMorgan Fundamental Data Science Large Value ETF	15.27%	7.40%

Correlation

The correlation between DFRA and LVDS is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	0.78

DFRA vs. LVDS - Sectors Allocation Comparison

Sectors	DFRA	LVDS
Industrials	35.7%	12.1%
Energy	26.3%	6.6%
Basic Materials	18.5%	2.7%
Real Estate	12.1%	4.1%
Consumer Defensive	3.2%	6.4%
Utilities	2.8%	4.7%
Technology	1.5%	18.7%
Communication Services	-	7.5%
Consumer Cyclical	-	8.4%
Financial Services	-	18.7%
Healthcare	-	10.1%

Return for Risk

DFRA vs. LVDS — Risk / Return Rank

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

DFRA

DFRA Risk / Return Rank: 22
DFRA Sharpe Ratio Rank: 23
DFRA Sortino Ratio Rank: 21
DFRA Omega Ratio Rank: 22
DFRA Calmar Ratio Rank: 22
DFRA Martin Ratio Rank: 24

LVDS

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.

DFRA vs. LVDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA) and JPMorgan Fundamental Data Science Large Value ETF (LVDS). 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.

	DFRA	LVDS	Difference
Sharpe ratio: Return per unit of total volatility	0.78	—	—
Sortino ratio: Return per unit of downside risk	1.13	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.00	—	—
Martin ratio: Return relative to average drawdown	3.06	—	—

Drawdowns

DFRA vs. LVDS - Drawdown Comparison

The maximum DFRA drawdown since its inception was -19.35%, which is greater than LVDS's maximum drawdown of -6.64%. Use the drawdown chart below to compare losses from any high point for DFRA and LVDS.

Drawdown Indicators

	DFRA	LVDS	Difference
Max Drawdown Largest peak-to-trough decline	-19.35%	-6.64%	-12.71%
Max Drawdown (1Y) Largest decline over 1 year	-11.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.35%	—	—
Current Drawdown Current decline from peak	-9.66%	-0.89%	-8.77%
Average Drawdown Average peak-to-trough decline	-4.00%	-0.96%	-3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.81%	—	—

Volatility

Volatility by Period

	DFRA	LVDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.06%	10.64%	+4.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.52%	10.64%	+6.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.52%	10.64%	+6.88%

DFRA vs. LVDS - Expense Ratio Comparison

DFRA has a 0.69% expense ratio, which is higher than LVDS's 0.30% expense ratio.

Dividends

DFRA vs. LVDS - Dividend Comparison

DFRA's dividend yield for the trailing twelve months is around 4.31%, less than LVDS's 7.45% yield.

Position	TTM	2025	2024	2023	2022	2021
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF	4.31%	2.86%	10.13%	4.70%	8.40%	0.08%
LVDS JPMorgan Fundamental Data Science Large Value ETF	7.45%	8.25%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DFRA and LVDS in my portfolio?

DFRA and LVDS have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DFRA or LVDS?

On fees, LVDS is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DFRA or LVDS?

LVDS is cheaper with a 0.30% expense ratio, compared with 0.69% for DFRA.

Which ETF pays a higher dividend yield, DFRA or LVDS?

LVDS has the higher dividend yield at 7.45%, compared with 4.31% for DFRA.

What is the main difference between DFRA and LVDS?

They also come from different issuers: Donoghue Forlines and JPMorgan. Their fees differ too: 0.69% for DFRA and 0.30% for LVDS.