DIVD vs. ACWV

Last updated Jul 14, 2026

DIVD (Altrius Global Dividend ETF) and ACWV (iShares MSCI Global Min Vol Factor ETF) are both Global Equities funds. DIVD is actively managed, while ACWV is passively managed. Over the past 3 years, DIVD returned 16.92%/yr vs 9.88%/yr for ACWV. A 0.78 correlation means they provide meaningful diversification when combined. DIVD charges 0.49%/yr vs 0.20%/yr for ACWV.

Performance

DIVD vs. ACWV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Altrius Global Dividend ETF (DIVD) and iShares MSCI Global Min Vol Factor ETF (ACWV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVD achieves a 14.17% return, which is significantly higher than ACWV's 3.83% return.

DIVD

• 1D: 0.20%
• 1M: 0.52%
• 6M: 10.64%
• YTD: 14.17%
• 1Y: 23.53%
• 3Y*: 16.92%
• 5Y*: —
• 10Y*: —

ACWV

• 1D: -0.15%
• 1M: 0.92%
• 6M: 2.66%
• YTD: 3.83%
• 1Y: 6.41%
• 3Y*: 9.88%
• 5Y*: 5.49%
• 10Y*: 7.02%

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

DIVD vs. ACWV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DIVD Altrius Global Dividend ETF	14.17%	26.18%	2.52%	14.27%	17.01%
ACWV iShares MSCI Global Min Vol Factor ETF	3.83%	11.04%	11.38%	8.23%	7.40%

Correlation

The correlation between DIVD and ACWV is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022	0.78

The correlation between DIVD and ACWV has been stable across timeframes, ranging from 0.71 to 0.78 - a consistent structural relationship.

DIVD vs. ACWV - Sectors Allocation Comparison

Sectors	DIVD	ACWV
Healthcare	20.8%	13.0%
Financial Services	20.4%	13.2%
Consumer Defensive	18.3%	9.8%
Industrials	13.4%	8.1%
Energy	7.8%	3.7%
Basic Materials	4.6%	1.5%
Technology	4.4%	25.8%
Consumer Cyclical	4.4%	5.1%
Communication Services	3.3%	11.9%
Real Estate	1.4%	0.6%
Utilities	-	7.3%

Return for Risk

DIVD vs. ACWV — Risk / Return Rank

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

DIVD

DIVD Risk / Return Rank: 83
DIVD Sharpe Ratio Rank: 82
DIVD Sortino Ratio Rank: 85
DIVD Omega Ratio Rank: 80
DIVD Calmar Ratio Rank: 83
DIVD Martin Ratio Rank: 83

ACWV

ACWV Risk / Return Rank: 26
ACWV Sharpe Ratio Rank: 27
ACWV Sortino Ratio Rank: 25
ACWV Omega Ratio Rank: 25
ACWV Calmar Ratio Rank: 26
ACWV Martin Ratio Rank: 27

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.

DIVD vs. ACWV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Altrius Global Dividend ETF (DIVD) and iShares MSCI Global Min Vol Factor ETF (ACWV). 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.

	DIVD	ACWV	Difference
Sharpe ratio: Return per unit of total volatility	2.08	0.80	+1.28
Sortino ratio: Return per unit of downside risk	3.04	1.18	+1.86
Omega ratio: Gain probability vs. loss probability	1.37	1.15	+0.23
Calmar ratio: Return relative to maximum drawdown	3.53	1.01	+2.52
Martin ratio: Return relative to average drawdown	12.94	2.89	+10.05

DIVD vs. ACWV - Sharpe Ratio Comparison

The current DIVD Sharpe Ratio is 2.08, which is higher than the ACWV Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of DIVD and ACWV, 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

DIVD vs. ACWV - Drawdown Comparison

The maximum DIVD drawdown since its inception was -13.88%, smaller than the maximum ACWV drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for DIVD and ACWV.

Drawdown Indicators

	DIVD	ACWV	Difference
Max Drawdown Largest peak-to-trough decline	-13.88%	-28.82%	+14.94%
Max Drawdown (1Y) Largest decline over 1 year	-6.70%	-6.37%	-0.33%
Max Drawdown (3Y) Largest decline over 3 years	-13.88%	-7.56%	-6.32%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.82%	—
Current Drawdown Current decline from peak	-0.67%	-1.52%	+0.85%
Average Drawdown Average peak-to-trough decline	-2.19%	-3.11%	+0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	2.22%	-0.40%

Volatility

DIVD vs. ACWV - Volatility Comparison

Altrius Global Dividend ETF (DIVD) and iShares MSCI Global Min Vol Factor ETF (ACWV) have volatilities of 3.32% and 3.17%, 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

	DIVD	ACWV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.32%	3.17%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	8.42%	6.23%	+2.19%
Volatility (1Y) Calculated over the trailing 1-year period	11.37%	8.07%	+3.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.22%	10.27%	+2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.22%	12.29%	+0.93%

DIVD vs. ACWV - Expense Ratio Comparison

DIVD has a 0.49% expense ratio, which is higher than ACWV's 0.20% expense ratio.

Dividends

DIVD vs. ACWV - Dividend Comparison

DIVD's dividend yield for the trailing twelve months is around 2.71%, more than ACWV's 1.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACWV iShares MSCI Global Min Vol Factor ETF	1.93%	2.09%	2.33%	2.41%	2.18%	1.92%	1.77%	2.54%	2.32%	2.04%	2.56%	2.28%
DIVD Altrius Global Dividend ETF	2.71%	2.86%	3.39%	2.96%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVD and ACWV in my portfolio?

DIVD and ACWV have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVD or ACWV?

DIVD has higher volatility (3.32%) compared to ACWV (3.17%). In terms of maximum drawdown, DIVD dropped -13.88% vs ACWV's -28.82%.

Which ETF is better, DIVD or ACWV?

On 3-year performance, DIVD leads with 16.92% vs 9.88% for ACWV. On fees, ACWV is cheaper at 0.20% per year. On volatility, ACWV has been the lower-risk option at 3.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVD or ACWV?

Over the 3-year period, DIVD has performed better with a 16.92% return vs 9.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVD or ACWV?

ACWV is cheaper with a 0.20% expense ratio, compared with 0.49% for DIVD.

Which ETF pays a higher dividend yield, DIVD or ACWV?

DIVD has the higher dividend yield at 2.71%, compared with 1.93% for ACWV.

What is the main difference between DIVD and ACWV?

They also come from different issuers: Altrius and iShares. Their fees differ too: 0.49% for DIVD and 0.20% for ACWV.

Which has better risk-adjusted returns?

DIVD currently has the higher Sharpe Ratio (2.08 vs 0.80), 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.