Correlation
The correlation between DIVY and DVND is 0.65, 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.
DIVY vs. DVND
Compare and contrast key facts about Tidal ETF Trust - Sound Equity Income ETF (DIVY) and Touchstone Dividend Select ETF (DVND).
DIVY and DVND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIVY is an actively managed fund by Sound Income Strategies. It was launched on Dec 30, 2020. DVND is an actively managed fund by Touchstone. It was launched on Aug 2, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIVY or DVND.
Performance
DIVY vs. DVND - Performance Comparison
Loading data...
Key characteristics
DIVY:
0.05
DVND:
0.64
DIVY:
0.12
DVND:
0.89
DIVY:
1.02
DVND:
1.13
DIVY:
-0.01
DVND:
0.63
DIVY:
-0.03
DVND:
2.51
DIVY:
5.20%
DVND:
3.68%
DIVY:
17.83%
DVND:
16.45%
DIVY:
-18.23%
DVND:
-14.83%
DIVY:
-7.58%
DVND:
-3.45%
Returns By Period
In the year-to-date period, DIVY achieves a -1.91% return, which is significantly lower than DVND's 2.37% return.
DIVY
-1.91%
3.26%
-7.58%
0.90%
0.93%
N/A
N/A
DVND
2.37%
4.06%
-2.57%
10.40%
N/A
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DIVY vs. DVND - Expense Ratio Comparison
DIVY has a 0.45% expense ratio, which is lower than DVND's 0.68% expense ratio.
Risk-Adjusted Performance
DIVY vs. DVND — Risk-Adjusted Performance Rank
DIVY
DVND
DIVY vs. DVND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tidal ETF Trust - Sound Equity Income ETF (DIVY) and Touchstone Dividend Select ETF (DVND). 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.
Loading data...
Dividends
DIVY vs. DVND - Dividend Comparison
DIVY's dividend yield for the trailing twelve months is around 5.12%, more than DVND's 2.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
DIVY Tidal ETF Trust - Sound Equity Income ETF | 5.12% | 4.77% | 3.69% | 4.60% | 3.29% |
DVND Touchstone Dividend Select ETF | 2.05% | 2.07% | 2.05% | 0.71% | 0.00% |
Drawdowns
DIVY vs. DVND - Drawdown Comparison
The maximum DIVY drawdown since its inception was -18.23%, which is greater than DVND's maximum drawdown of -14.83%. Use the drawdown chart below to compare losses from any high point for DIVY and DVND.
Loading data...
Volatility
DIVY vs. DVND - Volatility Comparison
Tidal ETF Trust - Sound Equity Income ETF (DIVY) has a higher volatility of 5.48% compared to Touchstone Dividend Select ETF (DVND) at 4.18%. This indicates that DIVY's price experiences larger fluctuations and is considered to be riskier than DVND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...