DIVB vs. XUDV

Last updated Jun 24, 2026

DIVB (iShares Core Dividend ETF) and XUDV (Franklin U.S. Dividend Booster Index ETF) are both Dividend funds - DIVB tracks the Morningstar US Dividend and Buyback Index while XUDV tracks the VettaFi New Frontier U.S. Dividend Select Index. Both are passively managed. Over the past year, DIVB returned 27.72% vs 30.71% for XUDV. Their correlation of 0.86 suggests significant overlap in exposure. DIVB charges 0.05%/yr vs 0.09%/yr for XUDV.

Performance

DIVB vs. XUDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core Dividend ETF (DIVB) and Franklin U.S. Dividend Booster Index ETF (XUDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVB achieves a 17.14% return, which is significantly lower than XUDV's 20.52% return.

DIVB

• 1D: 1.02%
• 1M: 1.64%
• YTD: 17.14%
• 6M: 16.48%
• 1Y: 27.72%
• 3Y*: 21.75%
• 5Y*: 12.39%
• 10Y*: —

XUDV

• 1D: -0.32%
• 1M: 1.06%
• YTD: 20.52%
• 6M: 19.58%
• 1Y: 30.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DIVB vs. XUDV - Yearly Performance Comparison

	2026 (YTD)	2025
DIVB iShares Core Dividend ETF	17.14%	11.20%
XUDV Franklin U.S. Dividend Booster Index ETF	20.52%	8.52%

Correlation

The correlation between DIVB and XUDV is 0.84, 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	0.84
Correlation (All Time) Calculated using the full available price history since Jan 23, 2025	0.86

The correlation between DIVB and XUDV has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

Return for Risk

DIVB vs. XUDV — Risk / Return Rank

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

DIVB

DIVB Risk / Return Rank: 78
DIVB Sharpe Ratio Rank: 78
DIVB Sortino Ratio Rank: 79
DIVB Omega Ratio Rank: 76
DIVB Calmar Ratio Rank: 81
DIVB Martin Ratio Rank: 75

XUDV

XUDV Risk / Return Rank: 84
XUDV Sharpe Ratio Rank: 84
XUDV Sortino Ratio Rank: 85
XUDV Omega Ratio Rank: 78
XUDV Calmar Ratio Rank: 89
XUDV Martin Ratio Rank: 85

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. XUDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Dividend ETF (DIVB) and Franklin U.S. Dividend Booster Index ETF (XUDV). 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.

	DIVB	XUDV	Difference
Sharpe ratio: Return per unit of total volatility	2.38	2.48	-0.09
Sortino ratio: Return per unit of downside risk	3.34	3.46	-0.12
Omega ratio: Gain probability vs. loss probability	1.42	1.42	0.00
Calmar ratio: Return relative to maximum drawdown	4.08	4.87	-0.79
Martin ratio: Return relative to average drawdown	13.64	16.36	-2.72

DIVB vs. XUDV - Sharpe Ratio Comparison

The current DIVB Sharpe Ratio is 2.38, which is comparable to the XUDV Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of DIVB and XUDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DIVB vs. XUDV - Drawdown Comparison

The maximum DIVB drawdown since its inception was -36.93%, which is greater than XUDV's maximum drawdown of -15.98%. Use the drawdown chart below to compare losses from any high point for DIVB and XUDV.

Drawdown Indicators

	DIVB	XUDV	Difference
Max Drawdown Largest peak-to-trough decline	-36.93%	-15.98%	-20.95%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-6.34%	-0.48%
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	-1.10%	-1.80%	+0.70%
Average Drawdown Average peak-to-trough decline	-4.97%	-2.06%	-2.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	1.88%	+0.16%

Volatility

DIVB vs. XUDV - Volatility Comparison

iShares Core Dividend ETF (DIVB) and Franklin U.S. Dividend Booster Index ETF (XUDV) have volatilities of 4.61% and 4.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVB	XUDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	4.47%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	8.84%	8.82%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	11.70%	12.47%	-0.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.26%	16.31%	-1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.36%	16.31%	+2.05%

DIVB vs. XUDV - Expense Ratio Comparison

DIVB has a 0.05% expense ratio, which is lower than XUDV's 0.09% expense ratio. Despite the difference, 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. XUDV - Dividend Comparison

DIVB's dividend yield for the trailing twelve months is around 2.27%, less than XUDV's 2.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVB iShares Core Dividend ETF	2.27%	2.50%	2.61%	3.18%	2.02%	1.63%	2.08%	2.07%	2.52%	0.37%
XUDV Franklin U.S. Dividend Booster Index ETF	2.58%	3.80%	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 XUDV in my portfolio?

DIVB and XUDV have a correlation of 0.84, 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 XUDV?

DIVB has higher volatility (4.61%) compared to XUDV (4.47%). In terms of maximum drawdown, DIVB dropped -36.93% vs XUDV's -15.98%.

Which ETF is better, DIVB or XUDV?

On 1-year performance, XUDV leads with 30.71% vs 27.72% for DIVB. On fees, DIVB is cheaper at 0.05% per year. On volatility, XUDV has been the lower-risk option at 4.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVB or XUDV?

Over the 1-year period, XUDV has performed better with a 30.71% return vs 27.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVB or XUDV?

DIVB is cheaper with a 0.05% expense ratio, compared with 0.09% for XUDV.

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

XUDV has the higher dividend yield at 2.58%, compared with 2.27% for DIVB.

What is the main difference between DIVB and XUDV?

DIVB tracks Morningstar US Dividend and Buyback Index, while XUDV tracks VettaFi New Frontier U.S. Dividend Select Index. They also come from different issuers: iShares and Franklin. Their fees differ too: 0.05% for DIVB and 0.09% for XUDV.

Which has better risk-adjusted returns?

XUDV currently has the higher Sharpe Ratio (2.48 vs 2.38), 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.