DIVE vs. VYM
DIVE (Dana Concentrated Dividend ETF) and VYM (Vanguard High Dividend Yield ETF) are both Dividend funds. DIVE is actively managed, while VYM is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. DIVE charges 0.65%/yr vs 0.04%/yr for VYM.
Performance
DIVE vs. VYM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DIVE achieves a -0.27% return, which is significantly lower than VYM's 11.51% return.
DIVE
- 1D
- 0.59%
- 1M
- -1.75%
- YTD
- -0.27%
- 6M
- -0.98%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VYM
- 1D
- -0.16%
- 1M
- 0.26%
- YTD
- 11.51%
- 6M
- 10.83%
- 1Y
- 24.08%
- 3Y*
- 18.41%
- 5Y*
- 11.88%
- 10Y*
- 11.98%
DIVE vs. VYM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DIVE Dana Concentrated Dividend ETF | -0.27% | 1.94% |
VYM Vanguard High Dividend Yield ETF | 11.51% | 2.99% |
Correlation
The correlation between DIVE and VYM is 0.78, 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 16, 2025 | 0.78 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DIVE vs. VYM — Risk / Return Rank
DIVE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VYM
DIVE vs. VYM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dana Concentrated Dividend ETF (DIVE) and Vanguard High Dividend Yield ETF (VYM). 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 | VYM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.61 | — |
| Martin ratioReturn relative to average drawdown | — | 13.43 | — |
Loading charts...
Drawdowns
DIVE vs. VYM - Drawdown Comparison
The maximum DIVE drawdown since its inception was -11.45%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for DIVE and VYM.
Loading charts...
Drawdown Indicators
| DIVE | VYM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.45% | -56.98% | +45.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.69% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.46% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.21% | — |
Current DrawdownCurrent decline from peak | -4.97% | -1.28% | -3.69% |
Average DrawdownAverage peak-to-trough decline | -3.14% | -7.18% | +4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.80% | — |
Volatility
DIVE vs. VYM - Volatility Comparison
Loading charts...
Volatility by Period
| DIVE | VYM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.02% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.64% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.01% | 10.39% | +2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.01% | 13.93% | -0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.01% | 16.32% | -3.31% |
DIVE vs. VYM - Expense Ratio Comparison
DIVE has a 0.65% expense ratio, which is higher than VYM's 0.04% expense ratio.
Dividends
DIVE vs. VYM - Dividend Comparison
DIVE's dividend yield for the trailing twelve months is around 0.99%, less than VYM's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIVE Dana Concentrated Dividend ETF | 0.99% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VYM Vanguard High Dividend Yield ETF | 2.30% | 2.44% | 2.74% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% |
Frequently Asked Questions
DIVE and VYM have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VYM is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VYM is cheaper with a 0.04% expense ratio, compared with 0.65% for DIVE.
VYM has the higher dividend yield at 2.30%, compared with 0.99% for DIVE.
They also come from different issuers: Dana and Vanguard. Their fees differ too: 0.65% for DIVE and 0.04% for VYM.
Find the right allocation for DIVE and VYM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer