DIVG vs. SPVM
Compare and contrast key facts about Invesco S&P 500 High Dividend Growers ETF (DIVG) and Invesco S&P 500 Value with Momentum ETF (SPVM).
DIVG and SPVM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SPVM is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Momentum Value Index. It was launched on Jun 16, 2011. Both DIVG and SPVM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
DIVG vs. SPVM - Performance Comparison
Loading graphics...
DIVG vs. SPVM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DIVG Invesco S&P 500 High Dividend Growers ETF | 6.82% | 11.31% | 16.60% | 5.71% |
SPVM Invesco S&P 500 Value with Momentum ETF | 2.19% | 20.47% | 15.64% | 5.10% |
Returns By Period
In the year-to-date period, DIVG achieves a 6.82% return, which is significantly higher than SPVM's 2.19% return.
DIVG
- 1D
- 0.79%
- 1M
- -2.37%
- YTD
- 6.82%
- 6M
- 7.54%
- 1Y
- 13.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPVM
- 1D
- 1.49%
- 1M
- -3.93%
- YTD
- 2.19%
- 6M
- 5.84%
- 1Y
- 22.71%
- 3Y*
- 15.71%
- 5Y*
- 10.53%
- 10Y*
- 11.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DIVG vs. SPVM - Expense Ratio Comparison
Both DIVG and SPVM have an expense ratio of 0.39%.
Return for Risk
DIVG vs. SPVM — Risk / Return Rank
DIVG
SPVM
DIVG vs. SPVM - 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 Invesco S&P 500 Value with Momentum ETF (SPVM). 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 | SPVM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 1.37 | -0.46 |
Sortino ratioReturn per unit of downside risk | 1.32 | 1.94 | -0.62 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.28 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.26 | 1.95 | -0.68 |
Martin ratioReturn relative to average drawdown | 5.50 | 9.14 | -3.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DIVG | SPVM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 1.37 | -0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.63 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.35 | 0.61 | +0.74 |
Correlation
The correlation between DIVG and SPVM is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DIVG vs. SPVM - Dividend Comparison
DIVG's dividend yield for the trailing twelve months is around 3.08%, more than SPVM's 2.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIVG Invesco S&P 500 High Dividend Growers ETF | 3.08% | 3.15% | 4.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPVM Invesco S&P 500 Value with Momentum ETF | 2.03% | 2.02% | 1.91% | 2.45% | 2.33% | 1.41% | 2.11% | 2.40% | 3.10% | 1.68% | 2.80% | 2.67% |
Drawdowns
DIVG vs. SPVM - Drawdown Comparison
The maximum DIVG drawdown since its inception was -14.95%, smaller than the maximum SPVM drawdown of -45.35%. Use the drawdown chart below to compare losses from any high point for DIVG and SPVM.
Loading graphics...
Drawdown Indicators
| DIVG | SPVM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.95% | -45.35% | +30.40% |
Max Drawdown (1Y)Largest decline over 1 year | -12.15% | -12.37% | +0.22% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.35% | — |
Current DrawdownCurrent decline from peak | -2.44% | -4.34% | +1.90% |
Average DrawdownAverage peak-to-trough decline | -2.39% | -5.03% | +2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 2.64% | +0.15% |
Volatility
DIVG vs. SPVM - Volatility Comparison
The current volatility for Invesco S&P 500 High Dividend Growers ETF (DIVG) is 2.79%, while Invesco S&P 500 Value with Momentum ETF (SPVM) has a volatility of 3.55%. This indicates that DIVG experiences smaller price fluctuations and is considered to be less risky than SPVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DIVG | SPVM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 3.55% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 7.97% | 8.53% | -0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.51% | 16.68% | -1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.43% | 16.85% | -3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.43% | 19.59% | -6.16% |