DIVG vs. RVT

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 High Dividend Growers ETF (DIVG) and Royce Value Trust Inc. (RVT).

DIVG is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Dividend Growth Index - Benchmark TR Gross. It was launched on Dec 4, 2023.

Performance

DIVG vs. RVT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 High Dividend Growers ETF (DIVG) and Royce Value Trust Inc. (RVT). The values are adjusted to include any dividend payments, if applicable.

DIVG vs. RVT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DIVG Invesco S&P 500 High Dividend Growers ETF	6.56%	11.31%	16.60%	5.71%
RVT Royce Value Trust Inc.	7.34%	11.54%	17.93%	9.28%

Returns By Period

In the year-to-date period, DIVG achieves a 6.56% return, which is significantly lower than RVT's 7.34% return.

DIVG

• 1D: -0.25%
• 1M: -2.62%
• YTD: 6.56%
• 6M: 6.56%
• 1Y: 13.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RVT

• 1D: 2.29%
• 1M: -7.04%
• YTD: 7.34%
• 6M: 9.93%
• 1Y: 29.19%
• 3Y*: 17.14%
• 5Y*: 7.29%
• 10Y*: 12.72%

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

Return for Risk

DIVG vs. RVT — Risk / Return Rank

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

DIVG

DIVG Risk / Return Rank: 46
DIVG Sharpe Ratio Rank: 47
DIVG Sortino Ratio Rank: 46
DIVG Omega Ratio Rank: 47
DIVG Calmar Ratio Rank: 40
DIVG Martin Ratio Rank: 48

RVT

RVT Risk / Return Rank: 79
RVT Sharpe Ratio Rank: 81
RVT Sortino Ratio Rank: 76
RVT Omega Ratio Rank: 76
RVT Calmar Ratio Rank: 78
RVT Martin Ratio Rank: 84

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.

DIVG vs. RVT - 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 Royce Value Trust Inc. (RVT). 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	RVT	Difference
Sharpe ratio Return per unit of total volatility	0.91	1.33	-0.42
Sortino ratio Return per unit of downside risk	1.32	1.93	-0.61
Omega ratio Gain probability vs. loss probability	1.19	1.26	-0.07
Calmar ratio Return relative to maximum drawdown	1.13	2.20	-1.07
Martin ratio Return relative to average drawdown	4.90	7.81	-2.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVG vs. RVT - Sharpe Ratio Comparison

The current DIVG Sharpe Ratio is 0.91, which is lower than the RVT Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of DIVG and RVT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DIVG	RVT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	1.33	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.33	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.34	0.41	+0.93

Correlation

The correlation between DIVG and RVT is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DIVG vs. RVT - Dividend Comparison

DIVG's dividend yield for the trailing twelve months is around 3.09%, less than RVT's 8.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIVG Invesco S&P 500 High Dividend Growers ETF	3.09%	3.15%	4.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RVT Royce Value Trust Inc.	8.36%	8.82%	8.04%	7.35%	9.95%	8.52%	6.44%	7.45%	10.68%	7.17%	7.62%	10.54%

Drawdowns

DIVG vs. RVT - Drawdown Comparison

The maximum DIVG drawdown since its inception was -14.95%, smaller than the maximum RVT drawdown of -72.34%. Use the drawdown chart below to compare losses from any high point for DIVG and RVT.

Drawdown Indicators

	DIVG	RVT	Difference
Max Drawdown Largest peak-to-trough decline	-14.95%	-72.34%	+57.39%
Max Drawdown (1Y) Largest decline over 1 year	-12.15%	-13.67%	+1.52%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.18%	—
Current Drawdown Current decline from peak	-2.68%	-7.34%	+4.66%
Average Drawdown Average peak-to-trough decline	-2.39%	-11.34%	+8.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	3.86%	-1.07%

Volatility

DIVG vs. RVT - Volatility Comparison

The current volatility for Invesco S&P 500 High Dividend Growers ETF (DIVG) is 2.64%, while Royce Value Trust Inc. (RVT) has a volatility of 7.88%. This indicates that DIVG experiences smaller price fluctuations and is considered to be less risky than RVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVG	RVT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.64%	7.88%	-5.24%
Volatility (6M) Calculated over the trailing 6-month period	7.96%	13.87%	-5.91%
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	22.10%	-6.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.42%	22.37%	-8.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.42%	22.89%	-9.47%