DFVE vs. IUS

Last updated Jun 4, 2026

DFVE (Doubleline Fortune 500 Equal Weight ETF) and IUS (Invesco RAFI Strategic US ETF) are both Large Cap Blend Equities funds - DFVE tracks the Barclays Fortune 500 Equal Weighted Index - Benchmark TR Gross while IUS tracks the Invesco Strategic US Index. Both are passively managed. Over the past year, DFVE returned 23.82% vs 33.27% for IUS. Their correlation of 0.91 suggests significant overlap in exposure. DFVE charges 0.20%/yr vs 0.19%/yr for IUS.

Performance

DFVE vs. IUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Doubleline Fortune 500 Equal Weight ETF (DFVE) and Invesco RAFI Strategic US ETF (IUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFVE achieves a 10.31% return, which is significantly lower than IUS's 15.71% return.

DFVE

• 1D: -0.48%
• 1M: 2.49%
• YTD: 10.31%
• 6M: 10.69%
• 1Y: 23.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IUS

• 1D: -0.07%
• 1M: 4.89%
• YTD: 15.71%
• 6M: 15.69%
• 1Y: 33.27%
• 3Y*: 20.93%
• 5Y*: 13.61%
• 10Y*: —

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

DFVE vs. IUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DFVE Doubleline Fortune 500 Equal Weight ETF	10.31%	14.51%	13.70%
IUS Invesco RAFI Strategic US ETF	15.71%	16.94%	14.12%

Correlation

The correlation between DFVE and IUS is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Feb 2, 2024	0.91

The correlation between DFVE and IUS has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

DFVE vs. IUS - Sectors Allocation Comparison

Sectors	DFVE	IUS
Industrials	16.9%	9.7%
Consumer Cyclical	16.1%	10.7%
Financial Services	14.5%	6.8%
Technology	12.9%	22.4%
Healthcare	9.8%	12.8%
Consumer Defensive	8.2%	7.4%
Energy	6.3%	10.9%
Utilities	5.2%	1.0%
Basic Materials	4.5%	3.3%
Communication Services	4.3%	14.7%
Real Estate	1.4%	0.5%

Return for Risk

DFVE vs. IUS — Risk / Return Rank

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

DFVE

DFVE Risk / Return Rank: 58
DFVE Sharpe Ratio Rank: 56
DFVE Sortino Ratio Rank: 59
DFVE Omega Ratio Rank: 53
DFVE Calmar Ratio Rank: 62
DFVE Martin Ratio Rank: 62

IUS

IUS Risk / Return Rank: 91
IUS Sharpe Ratio Rank: 91
IUS Sortino Ratio Rank: 92
IUS Omega Ratio Rank: 90
IUS Calmar Ratio Rank: 89
IUS Martin Ratio Rank: 92

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.

DFVE vs. IUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Doubleline Fortune 500 Equal Weight ETF (DFVE) and Invesco RAFI Strategic US ETF (IUS). 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.

	DFVE	IUS	Difference
Sharpe ratio: Return per unit of total volatility	1.88	3.26	-1.38
Sortino ratio: Return per unit of downside risk	2.75	4.53	-1.78
Omega ratio: Gain probability vs. loss probability	1.33	1.60	-0.27
Calmar ratio: Return relative to maximum drawdown	3.07	5.44	-2.36
Martin ratio: Return relative to average drawdown	10.92	23.27	-12.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFVE vs. IUS - Sharpe Ratio Comparison

The current DFVE Sharpe Ratio is 1.88, which is lower than the IUS Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of DFVE and IUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DFVE	IUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	3.26	-1.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.85	+0.23

Drawdowns

DFVE vs. IUS - Drawdown Comparison

The maximum DFVE drawdown since its inception was -19.43%, smaller than the maximum IUS drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for DFVE and IUS.

Drawdown Indicators

	DFVE	IUS	Difference
Max Drawdown Largest peak-to-trough decline	-19.43%	-34.67%	+15.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.79%	-6.15%	-1.64%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.72%	—
Current Drawdown Current decline from peak	-0.48%	-0.07%	-0.41%
Average Drawdown Average peak-to-trough decline	-2.77%	-3.86%	+1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	1.43%	+0.76%

Volatility

DFVE vs. IUS - Volatility Comparison

Doubleline Fortune 500 Equal Weight ETF (DFVE) has a higher volatility of 2.98% compared to Invesco RAFI Strategic US ETF (IUS) at 2.50%. This indicates that DFVE's price experiences larger fluctuations and is considered to be riskier than IUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFVE	IUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.98%	2.50%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	9.09%	7.41%	+1.68%
Volatility (1Y) Calculated over the trailing 1-year period	12.73%	10.26%	+2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.56%	15.00%	+0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.56%	18.04%	-2.48%

DFVE vs. IUS - Expense Ratio Comparison

DFVE has a 0.20% expense ratio, which is higher than IUS's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DFVE vs. IUS - Dividend Comparison

DFVE's dividend yield for the trailing twelve months is around 1.37%, more than IUS's 1.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DFVE Doubleline Fortune 500 Equal Weight ETF	1.37%	1.52%	1.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IUS Invesco RAFI Strategic US ETF	1.28%	1.48%	1.52%	1.72%	1.78%	1.46%	1.74%	1.77%	0.73%

Frequently Asked Questions

Can I hold both DFVE and IUS in my portfolio?

DFVE and IUS have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFVE or IUS?

DFVE has higher volatility (2.98%) compared to IUS (2.50%). In terms of maximum drawdown, DFVE dropped -19.43% vs IUS's -34.67%.

Which ETF is better, DFVE or IUS?

On 1-year performance, IUS leads with 33.27% vs 23.82% for DFVE. On fees, IUS is cheaper at 0.19% per year. On volatility, IUS has been the lower-risk option at 2.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFVE or IUS?

Over the 1-year period, IUS has performed better with a 33.27% return vs 23.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFVE or IUS?

IUS is cheaper with a 0.19% expense ratio, compared with 0.20% for DFVE.

Which ETF pays a higher dividend yield, DFVE or IUS?

DFVE has the higher dividend yield at 1.37%, compared with 1.28% for IUS.

What is the main difference between DFVE and IUS?

DFVE tracks Barclays Fortune 500 Equal Weighted Index - Benchmark TR Gross, while IUS tracks Invesco Strategic US Index. They also come from different issuers: DoubleLine and Invesco. Their fees differ too: 0.20% for DFVE and 0.19% for IUS.

Which has better risk-adjusted returns?

IUS currently has the higher Sharpe Ratio (3.26 vs 1.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.