DIVE vs. DVYA

Last updated Jun 4, 2026

DIVE (Dana Concentrated Dividend ETF) and DVYA (iShares Asia/Pacific Dividend ETF) are both exchange-traded funds - DIVE is a Dividend fund actively managed by Dana, while DVYA is a Asia Pacific Equities fund tracking the Dow Jones Asia/Pacific Select Dividend 30 Index. DIVE is actively managed, while DVYA is passively managed. A 0.61 correlation means they provide meaningful diversification when combined. DIVE charges 0.65%/yr vs 0.49%/yr for DVYA.

Performance

DIVE vs. DVYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dana Concentrated Dividend ETF (DIVE) and iShares Asia/Pacific Dividend ETF (DVYA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVE achieves a 0.38% return, which is significantly lower than DVYA's 13.35% return.

DIVE

• 1D: -0.22%
• 1M: -1.09%
• YTD: 0.38%
• 6M: 1.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVYA

• 1D: -0.86%
• 1M: 0.51%
• YTD: 13.35%
• 6M: 13.63%
• 1Y: 39.49%
• 3Y*: 21.73%
• 5Y*: 9.88%
• 10Y*: 7.30%

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

DIVE vs. DVYA - Yearly Performance Comparison

	2026 (YTD)	2025
DIVE Dana Concentrated Dividend ETF	0.38%	2.18%
DVYA iShares Asia/Pacific Dividend ETF	13.35%	4.57%

Correlation

The correlation between DIVE and DVYA 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 (All Time) Calculated using the full available price history since Sep 17, 2025	0.61

Return for Risk

DIVE vs. DVYA — Risk / Return Rank

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

DVYA

DVYA Risk / Return Rank: 85
DVYA Sharpe Ratio Rank: 89
DVYA Sortino Ratio Rank: 88
DVYA Omega Ratio Rank: 85
DVYA Calmar Ratio Rank: 84
DVYA Martin Ratio Rank: 82

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.

DIVE vs. DVYA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dana Concentrated Dividend ETF (DIVE) and iShares Asia/Pacific Dividend ETF (DVYA). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DIVE	DVYA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.30	-0.02

Drawdowns

DIVE vs. DVYA - Drawdown Comparison

The maximum DIVE drawdown since its inception was -11.45%, smaller than the maximum DVYA drawdown of -45.61%. Use the drawdown chart below to compare losses from any high point for DIVE and DVYA.

Drawdown Indicators

	DIVE	DVYA	Difference
Max Drawdown Largest peak-to-trough decline	-11.45%	-45.61%	+34.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.61%	—
Current Drawdown Current decline from peak	-4.35%	-3.11%	-1.24%
Average Drawdown Average peak-to-trough decline	-3.11%	-10.06%	+6.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.38%	—

Volatility

Volatility by Period

	DIVE	DVYA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.93%	13.00%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.93%	15.08%	-2.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.93%	17.55%	-4.62%

DIVE vs. DVYA - Expense Ratio Comparison

DIVE has a 0.65% expense ratio, which is higher than DVYA's 0.49% expense ratio.

Dividends

DIVE vs. DVYA - Dividend Comparison

DIVE's dividend yield for the trailing twelve months is around 0.98%, less than DVYA's 4.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIVE Dana Concentrated Dividend ETF	0.98%	0.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DVYA iShares Asia/Pacific Dividend ETF	4.33%	4.71%	5.97%	6.48%	7.29%	5.81%	3.66%	5.52%	6.24%	4.74%	4.79%	5.33%

Frequently Asked Questions

Can I hold both DIVE and DVYA in my portfolio?

DIVE and DVYA 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 ETF is better, DIVE or DVYA?

On fees, DVYA is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIVE or DVYA?

DVYA is cheaper with a 0.49% expense ratio, compared with 0.65% for DIVE.

Which ETF pays a higher dividend yield, DIVE or DVYA?

DVYA has the higher dividend yield at 4.33%, compared with 0.98% for DIVE.

What is the main difference between DIVE and DVYA?

DIVE is categorized as Dividend, while DVYA is Asia Pacific Equities. They also come from different issuers: Dana and iShares. Their fees differ too: 0.65% for DIVE and 0.49% for DVYA.