DIVE vs. VIG
DIVE (Dana Concentrated Dividend ETF) and VIG (Vanguard Dividend Appreciation ETF) are both Dividend funds. DIVE is actively managed, while VIG is passively managed. Their 0.76 correlation means they have sometimes moved together and sometimes differently. DIVE charges 0.65%/yr vs 0.04%/yr for VIG.
Performance
DIVE vs. VIG - Performance Comparison
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Returns By Period
In the year-to-date period, DIVE achieves a 7.12% return, which is significantly lower than VIG's 9.71% return.
DIVE
- 1D
- 0.86%
- 1M
- 2.57%
- 6M
- 3.06%
- YTD
- 7.12%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
VIG
- 1D
- -0.37%
- 1M
- 0.23%
- 6M
- 7.64%
- YTD
- 9.71%
- 1Y
- 19.10%
- 3Y*
- 14.92%
- 5Y*
- 10.43%
- 10Y*
- 13.03%
- ALL TIME*
- 10.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $66.87K | $56.54K | $55.53K | |
| $229.58M | $245.27M | $258.85M |
DIVE vs. VIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DIVE Dana Concentrated Dividend ETF | 7.12% | 1.94% |
VIG Vanguard Dividend Appreciation ETF | 9.71% | 2.75% |
Correlation
The correlation between DIVE and VIG is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025 | 0.76 |
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Return for Risk
DIVE vs. VIG — Risk / Return Rank
DIVE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VIG
DIVE vs. VIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dana Concentrated Dividend ETF (DIVE) and Vanguard Dividend Appreciation ETF (VIG). 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.
| DIVE | VIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.28 | — |
| Martin ratioReturn relative to average drawdown | — | 9.28 | — |
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Drawdowns
DIVE vs. VIG - Drawdown Comparison
The maximum DIVE drawdown since its inception was -11.45%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for DIVE and VIG.
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Drawdown Indicators
| DIVE | VIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.45% | -46.81% | +35.36% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.91% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.39% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.72% | — |
Current DrawdownCurrent decline from peak | -0.22% | -1.06% | +0.84% |
Average DrawdownAverage peak-to-trough decline | -2.91% | -5.47% | +2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.94% | — |
Volatility
DIVE vs. VIG - Volatility Comparison
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Volatility by Period
| DIVE | VIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.69% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.61% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.99% | 10.14% | +2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.99% | 14.20% | -1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.99% | 16.02% | -3.03% |
DIVE vs. VIG - Expense Ratio Comparison
DIVE has a 0.65% expense ratio, which is higher than VIG's 0.04% expense ratio.
Dividends
DIVE vs. VIG - Dividend Comparison
DIVE's dividend yield for the trailing twelve months is around 1.05%, less than VIG's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIVE Dana Concentrated Dividend ETF | 1.05% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIG Vanguard Dividend Appreciation ETF | 1.50% | 1.62% | 1.73% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% |
Frequently Asked Questions
DIVE and VIG have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VIG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VIG is cheaper with a 0.04% expense ratio, compared with 0.65% for DIVE.
VIG has the higher dividend yield at 1.50%, compared with 1.05% for DIVE.
They also come from different issuers: Dana and Vanguard. Their fees differ too: 0.65% for DIVE and 0.04% for VIG.
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