DIVG vs. DIVB
DIVG (Invesco S&P 500 High Dividend Growers ETF) and DIVB (iShares U.S. Dividend and Buyback ETF) are both exchange-traded funds - DIVG is a S&P 500 fund tracking the S&P 500 High Dividend Growth Index - Benchmark TR Gross, while DIVB is a Large Cap Blend Equities fund tracking the Morningstar US Dividend and Buyback Index. Both are passively managed. Over the past year, DIVG returned 20.94% vs 29.81% for DIVB. Their correlation of 0.89 suggests significant overlap in exposure. DIVG charges 0.39%/yr vs 0.25%/yr for DIVB.
Performance
DIVG vs. DIVB - Performance Comparison
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Returns By Period
In the year-to-date period, DIVG achieves a 10.58% return, which is significantly lower than DIVB's 17.35% return.
DIVG
- 1D
- -0.63%
- 1M
- 0.59%
- YTD
- 10.58%
- 6M
- 10.78%
- 1Y
- 20.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DIVB
- 1D
- -0.56%
- 1M
- 8.55%
- YTD
- 17.35%
- 6M
- 17.71%
- 1Y
- 29.81%
- 3Y*
- 22.07%
- 5Y*
- 12.19%
- 10Y*
- —
DIVG vs. DIVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DIVG Invesco S&P 500 High Dividend Growers ETF | 10.58% | 11.31% | 16.60% | 5.71% |
DIVB iShares U.S. Dividend and Buyback ETF | 17.35% | 15.09% | 18.59% | 6.72% |
Correlation
The correlation between DIVG and DIVB is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023 | 0.89 |
The correlation between DIVG and DIVB has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.
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Return for Risk
DIVG vs. DIVB — Risk / Return Rank
DIVG
DIVB
DIVG vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 High Dividend Growers ETF (DIVG) and iShares U.S. Dividend and Buyback ETF (DIVB). 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.
| DIVG | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.47 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.10 | 4.39 | -0.29 |
| Martin ratioReturn relative to average drawdown | 13.12 | 14.95 | -1.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DIVG | DIVB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.97 | 2.65 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.80 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.39 | 0.76 | +0.63 |
Drawdowns
DIVG vs. DIVB - Drawdown Comparison
The maximum DIVG drawdown since its inception was -14.95%, smaller than the maximum DIVB drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for DIVG and DIVB.
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Drawdown Indicators
| DIVG | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.95% | -36.93% | +21.98% |
Max Drawdown (1Y)Largest decline over 1 year | -5.13% | -6.82% | +1.69% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.45% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.08% | — |
Current DrawdownCurrent decline from peak | -1.20% | -0.56% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -2.29% | -4.99% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 2.00% | -0.40% |
Volatility
DIVG vs. DIVB - Volatility Comparison
The current volatility for Invesco S&P 500 High Dividend Growers ETF (DIVG) is 2.53%, while iShares U.S. Dividend and Buyback ETF (DIVB) has a volatility of 3.34%. This indicates that DIVG experiences smaller price fluctuations and is considered to be less risky than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DIVG | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.53% | 3.34% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 7.33% | 8.44% | -1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.66% | 11.33% | -0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.19% | 15.23% | -2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.19% | 18.38% | -5.19% |
DIVG vs. DIVB - Expense Ratio Comparison
DIVG has a 0.39% expense ratio, which is higher than DIVB's 0.25% expense ratio.
Dividends
DIVG vs. DIVB - Dividend Comparison
DIVG's dividend yield for the trailing twelve months is around 3.10%, more than DIVB's 2.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares U.S. Dividend and Buyback ETF | 2.19% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% |
DIVG Invesco S&P 500 High Dividend Growers ETF | 3.10% | 3.15% | 4.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DIVG and DIVB have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIVB has higher volatility (3.34%) compared to DIVG (2.53%). In terms of maximum drawdown, DIVG dropped -14.95% vs DIVB's -36.93%.
On 1-year performance, DIVB leads with 29.81% vs 20.94% for DIVG. On fees, DIVB is cheaper at 0.25% per year. On volatility, DIVG has been the lower-risk option at 2.53%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DIVB has performed better with a 29.81% return vs 20.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIVB is cheaper with a 0.25% expense ratio, compared with 0.39% for DIVG.
DIVG has the higher dividend yield at 3.10%, compared with 2.19% for DIVB.
DIVG is categorized as S&P 500, while DIVB is Large Cap Blend Equities. DIVG tracks S&P 500 High Dividend Growth Index - Benchmark TR Gross, while DIVB tracks Morningstar US Dividend and Buyback Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.39% for DIVG and 0.25% for DIVB.
DIVB currently has the higher Sharpe Ratio (2.65 vs 1.97), 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.
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