DIVB vs. EBI

Last updated Jun 4, 2026

DIVB (iShares U.S. Dividend and Buyback ETF) and EBI (Longview Advantage ETF) are both Large Cap Blend Equities funds. DIVB is passively managed, while EBI is actively managed. Over the past year, DIVB returned 29.81% vs 33.33% for EBI. Their correlation of 0.84 suggests significant overlap in exposure. DIVB charges 0.25%/yr vs 0.24%/yr for EBI.

Performance

DIVB vs. EBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Dividend and Buyback ETF (DIVB) and Longview Advantage ETF (EBI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVB achieves a 17.35% return, which is significantly higher than EBI's 14.62% return.

DIVB

• 1D: -0.56%
• 1M: 8.55%
• YTD: 17.35%
• 6M: 17.71%
• 1Y: 29.81%
• 3Y*: 22.07%
• 5Y*: 12.19%
• 10Y*: —

EBI

• 1D: -0.46%
• 1M: 4.31%
• YTD: 14.62%
• 6M: 15.09%
• 1Y: 33.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DIVB vs. EBI - Yearly Performance Comparison

	2026 (YTD)	2025
DIVB iShares U.S. Dividend and Buyback ETF	17.35%	9.24%
EBI Longview Advantage ETF	14.62%	15.82%

Correlation

The correlation between DIVB and EBI is 0.80, 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	0.80
Correlation (All Time) Calculated using the full available price history since Feb 28, 2025	0.84

The correlation between DIVB and EBI has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.

Return for Risk

DIVB vs. EBI — Risk / Return Rank

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

DIVB

DIVB Risk / Return Rank: 79
DIVB Sharpe Ratio Rank: 80
DIVB Sortino Ratio Rank: 82
DIVB Omega Ratio Rank: 77
DIVB Calmar Ratio Rank: 82
DIVB Martin Ratio Rank: 76

EBI

EBI Risk / Return Rank: 85
EBI Sharpe Ratio Rank: 85
EBI Sortino Ratio Rank: 85
EBI Omega Ratio Rank: 82
EBI Calmar Ratio Rank: 86
EBI Martin Ratio Rank: 89

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.

DIVB vs. EBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Dividend and Buyback ETF (DIVB) and Longview Advantage ETF (EBI). 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.

	DIVB	EBI	Difference
Sharpe ratio: Return per unit of total volatility	2.65	2.76	-0.11
Sortino ratio: Return per unit of downside risk	3.73	3.79	-0.06
Omega ratio: Gain probability vs. loss probability	1.47	1.49	-0.02
Calmar ratio: Return relative to maximum drawdown	4.39	4.72	-0.33
Martin ratio: Return relative to average drawdown	14.95	19.47	-4.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVB vs. EBI - Sharpe Ratio Comparison

The current DIVB Sharpe Ratio is 2.65, which is comparable to the EBI Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of DIVB and EBI, 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

	DIVB	EBI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	2.76	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	1.41	-0.65

Drawdowns

DIVB vs. EBI - Drawdown Comparison

The maximum DIVB drawdown since its inception was -36.93%, which is greater than EBI's maximum drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for DIVB and EBI.

Drawdown Indicators

	DIVB	EBI	Difference
Max Drawdown Largest peak-to-trough decline	-36.93%	-17.05%	-19.88%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-7.09%	+0.27%
Max Drawdown (3Y) Largest decline over 3 years	-15.45%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.08%	—	—
Current Drawdown Current decline from peak	-0.56%	-0.46%	-0.10%
Average Drawdown Average peak-to-trough decline	-4.99%	-2.07%	-2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	1.72%	+0.28%

Volatility

DIVB vs. EBI - Volatility Comparison

iShares U.S. Dividend and Buyback ETF (DIVB) has a higher volatility of 3.34% compared to Longview Advantage ETF (EBI) at 2.99%. This indicates that DIVB's price experiences larger fluctuations and is considered to be riskier than EBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVB	EBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	2.99%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	8.44%	8.80%	-0.36%
Volatility (1Y) Calculated over the trailing 1-year period	11.33%	12.15%	-0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	17.96%	-2.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	17.96%	+0.42%

DIVB vs. EBI - Expense Ratio Comparison

DIVB has a 0.25% expense ratio, which is higher than EBI's 0.24% 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

DIVB vs. EBI - Dividend Comparison

DIVB's dividend yield for the trailing twelve months is around 2.19%, more than EBI's 0.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVB iShares U.S. Dividend and Buyback ETF	2.19%	2.50%	2.61%	3.18%	2.02%	1.63%	2.08%	2.07%	2.52%	0.37%
EBI Longview Advantage ETF	0.92%	1.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVB and EBI in my portfolio?

DIVB and EBI have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVB or EBI?

DIVB has higher volatility (3.34%) compared to EBI (2.99%). In terms of maximum drawdown, DIVB dropped -36.93% vs EBI's -17.05%.

Which ETF is better, DIVB or EBI?

On 1-year performance, EBI leads with 33.33% vs 29.81% for DIVB. On fees, EBI is cheaper at 0.24% per year. On volatility, EBI has been the lower-risk option at 2.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVB or EBI?

Over the 1-year period, EBI has performed better with a 33.33% return vs 29.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVB or EBI?

EBI is cheaper with a 0.24% expense ratio, compared with 0.25% for DIVB.

Which ETF pays a higher dividend yield, DIVB or EBI?

DIVB has the higher dividend yield at 2.19%, compared with 0.92% for EBI.

What is the main difference between DIVB and EBI?

They also come from different issuers: iShares and Longview. Their fees differ too: 0.25% for DIVB and 0.24% for EBI.

Which has better risk-adjusted returns?

EBI currently has the higher Sharpe Ratio (2.76 vs 2.65), 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.