DIVD vs. VEGA

Last updated Jun 4, 2026

DIVD (Altrius Global Dividend ETF) and VEGA (AdvisorShares STAR Global Buy-Write ETF) are both Global Equities funds. Both are actively managed. Over the past 3 years, DIVD returned 17.10%/yr vs 13.94%/yr for VEGA. A 0.67 correlation means they provide meaningful diversification when combined. DIVD charges 0.49%/yr vs 2.02%/yr for VEGA.

Performance

DIVD vs. VEGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Altrius Global Dividend ETF (DIVD) and AdvisorShares STAR Global Buy-Write ETF (VEGA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVD achieves a 10.91% return, which is significantly higher than VEGA's 7.10% return.

DIVD

• 1D: -0.65%
• 1M: 0.55%
• YTD: 10.91%
• 6M: 11.92%
• 1Y: 23.86%
• 3Y*: 17.10%
• 5Y*: —
• 10Y*: —

VEGA

• 1D: -0.52%
• 1M: 3.04%
• YTD: 7.10%
• 6M: 6.87%
• 1Y: 18.86%
• 3Y*: 13.94%
• 5Y*: 7.25%
• 10Y*: 7.95%

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

DIVD vs. VEGA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DIVD Altrius Global Dividend ETF	10.91%	26.18%	2.52%	14.27%	18.38%
VEGA AdvisorShares STAR Global Buy-Write ETF	7.10%	15.83%	11.20%	15.12%	7.62%

Correlation

The correlation between DIVD and VEGA is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since Oct 3, 2022	0.67

The correlation between DIVD and VEGA has been stable across timeframes, ranging from 0.61 to 0.67 - a consistent structural relationship.

DIVD vs. VEGA - Sectors Allocation Comparison

Sectors	DIVD	VEGA
Healthcare	19.3%	8.4%
Financial Services	17.2%	14.6%
Consumer Defensive	15.1%	4.6%
Industrials	14.9%	10.8%
Energy	9.4%	3.5%
Technology	8.8%	31.7%
Basic Materials	6.0%	2.6%
Consumer Cyclical	4.7%	10.1%
Communication Services	3.4%	9.3%
Real Estate	1.2%	1.8%
Utilities	-	2.6%

Return for Risk

DIVD vs. VEGA — Risk / Return Rank

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

DIVD

DIVD Risk / Return Rank: 66
DIVD Sharpe Ratio Rank: 63
DIVD Sortino Ratio Rank: 65
DIVD Omega Ratio Rank: 62
DIVD Calmar Ratio Rank: 71
DIVD Martin Ratio Rank: 70

VEGA

VEGA Risk / Return Rank: 63
VEGA Sharpe Ratio Rank: 63
VEGA Sortino Ratio Rank: 64
VEGA Omega Ratio Rank: 64
VEGA Calmar Ratio Rank: 56
VEGA Martin Ratio Rank: 68

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. VEGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Altrius Global Dividend ETF (DIVD) and AdvisorShares STAR Global Buy-Write ETF (VEGA). 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.

	DIVD	VEGA	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.09	+0.03
Sortino ratio: Return per unit of downside risk	3.03	2.96	+0.07
Omega ratio: Gain probability vs. loss probability	1.38	1.39	-0.01
Calmar ratio: Return relative to maximum drawdown	3.58	2.76	+0.82
Martin ratio: Return relative to average drawdown	13.05	12.41	+0.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVD vs. VEGA - Sharpe Ratio Comparison

The current DIVD Sharpe Ratio is 2.12, which is comparable to the VEGA Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of DIVD and VEGA, 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

	DIVD	VEGA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	2.09	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.50	0.53	+0.98

Drawdowns

DIVD vs. VEGA - Drawdown Comparison

The maximum DIVD drawdown since its inception was -13.88%, smaller than the maximum VEGA drawdown of -28.37%. Use the drawdown chart below to compare losses from any high point for DIVD and VEGA.

Drawdown Indicators

	DIVD	VEGA	Difference
Max Drawdown Largest peak-to-trough decline	-13.88%	-28.37%	+14.49%
Max Drawdown (1Y) Largest decline over 1 year	-6.70%	-6.86%	+0.16%
Max Drawdown (3Y) Largest decline over 3 years	-13.88%	-11.62%	-2.26%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.78%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.37%	—
Current Drawdown Current decline from peak	-1.57%	-0.52%	-1.05%
Average Drawdown Average peak-to-trough decline	-2.23%	-3.79%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	1.52%	+0.31%

Volatility

DIVD vs. VEGA - Volatility Comparison

Altrius Global Dividend ETF (DIVD) and AdvisorShares STAR Global Buy-Write ETF (VEGA) have volatilities of 2.76% and 2.71%, 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	VEGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	2.71%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	8.29%	7.45%	+0.84%
Volatility (1Y) Calculated over the trailing 1-year period	11.30%	9.06%	+2.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.26%	12.29%	+0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.26%	12.70%	+0.56%

DIVD vs. VEGA - Expense Ratio Comparison

DIVD has a 0.49% expense ratio, which is lower than VEGA's 2.02% expense ratio.

Dividends

DIVD vs. VEGA - Dividend Comparison

DIVD's dividend yield for the trailing twelve months is around 2.73%, more than VEGA's 1.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DIVD Altrius Global Dividend ETF	2.73%	2.86%	3.39%	2.96%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VEGA AdvisorShares STAR Global Buy-Write ETF	1.25%	1.34%	1.05%	1.12%	1.89%	0.55%	0.28%	0.44%	0.45%	0.00%	0.81%

Frequently Asked Questions

Can I hold both DIVD and VEGA in my portfolio?

DIVD and VEGA have a correlation of 0.61, 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 VEGA?

DIVD has higher volatility (2.76%) compared to VEGA (2.71%). In terms of maximum drawdown, DIVD dropped -13.88% vs VEGA's -28.37%.

Which ETF is better, DIVD or VEGA?

On 3-year performance, DIVD leads with 17.10% vs 13.94% for VEGA. On fees, DIVD is cheaper at 0.49% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVD or VEGA?

Over the 3-year period, DIVD has performed better with a 17.10% return vs 13.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVD or VEGA?

DIVD is cheaper with a 0.49% expense ratio, compared with 2.02% for VEGA.

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

DIVD has the higher dividend yield at 2.73%, compared with 1.25% for VEGA.

What is the main difference between DIVD and VEGA?

They also come from different issuers: Altrius and AdvisorShares. Their fees differ too: 0.49% for DIVD and 2.02% for VEGA.

Which has better risk-adjusted returns?

DIVD currently has the higher Sharpe Ratio (2.12 vs 2.09), 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.