DIVZ vs. MGV
Compare and contrast key facts about Opal Dividend Income ETF (DIVZ) and Vanguard Mega Cap Value ETF (MGV).
DIVZ and MGV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIVZ is an actively managed fund by TrueShares. It was launched on Jan 27, 2021. MGV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Value Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIVZ or MGV.
Correlation
The correlation between DIVZ and MGV is 0.92, 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.
Performance
DIVZ vs. MGV - Performance Comparison
Key characteristics
DIVZ:
2.33
MGV:
2.08
DIVZ:
3.21
MGV:
2.93
DIVZ:
1.41
MGV:
1.37
DIVZ:
3.29
MGV:
3.07
DIVZ:
10.97
MGV:
9.57
DIVZ:
2.18%
MGV:
2.27%
DIVZ:
10.26%
MGV:
10.40%
DIVZ:
-15.43%
MGV:
-56.31%
DIVZ:
-3.35%
MGV:
-2.98%
Returns By Period
In the year-to-date period, DIVZ achieves a 2.90% return, which is significantly lower than MGV's 3.07% return.
DIVZ
2.90%
3.75%
7.88%
23.87%
N/A
N/A
MGV
3.07%
4.02%
7.01%
21.23%
10.68%
10.86%
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DIVZ vs. MGV - Expense Ratio Comparison
DIVZ has a 0.65% expense ratio, which is higher than MGV's 0.07% expense ratio.
Risk-Adjusted Performance
DIVZ vs. MGV — Risk-Adjusted Performance Rank
DIVZ
MGV
DIVZ vs. MGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Opal Dividend Income ETF (DIVZ) and Vanguard Mega Cap Value ETF (MGV). 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.
Dividends
DIVZ vs. MGV - Dividend Comparison
DIVZ's dividend yield for the trailing twelve months is around 2.56%, more than MGV's 2.24% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Opal Dividend Income ETF | 2.56% | 2.63% | 3.66% | 3.23% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Vanguard Mega Cap Value ETF | 2.24% | 2.31% | 2.48% | 2.45% | 2.17% | 2.47% | 2.69% | 2.65% | 2.34% | 2.53% | 2.59% | 2.26% |
Drawdowns
DIVZ vs. MGV - Drawdown Comparison
The maximum DIVZ drawdown since its inception was -15.43%, smaller than the maximum MGV drawdown of -56.31%. Use the drawdown chart below to compare losses from any high point for DIVZ and MGV. For additional features, visit the drawdowns tool.
Volatility
DIVZ vs. MGV - Volatility Comparison
Opal Dividend Income ETF (DIVZ) and Vanguard Mega Cap Value ETF (MGV) have volatilities of 4.02% and 4.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.