DJD vs. IUS

Last updated Jun 4, 2026

DJD (Invesco Dow Jones Industrial Average Dividend ETF) and IUS (Invesco RAFI Strategic US ETF) are both Large Cap Blend Equities funds from Invesco - DJD tracks the Dow Jones Industrial Average Yield Weight while IUS tracks the Invesco Strategic US Index. Both are passively managed. Over the past 5 years, DJD returned 10.08%/yr vs 13.61%/yr for IUS. A 0.80 correlation means they provide meaningful diversification when combined. DJD charges 0.07%/yr vs 0.19%/yr for IUS.

Performance

DJD vs. IUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dow Jones Industrial Average Dividend ETF (DJD) and Invesco RAFI Strategic US ETF (IUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DJD achieves a 10.32% return, which is significantly lower than IUS's 15.71% return.

DJD

• 1D: -1.04%
• 1M: 4.30%
• YTD: 10.32%
• 6M: 9.79%
• 1Y: 23.52%
• 3Y*: 17.66%
• 5Y*: 10.08%
• 10Y*: 12.37%

IUS

• 1D: -0.07%
• 1M: 4.89%
• YTD: 15.71%
• 6M: 15.69%
• 1Y: 33.27%
• 3Y*: 20.93%
• 5Y*: 13.61%
• 10Y*: —

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

DJD vs. IUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DJD Invesco Dow Jones Industrial Average Dividend ETF	10.32%	15.83%	13.66%	9.41%	-0.73%	22.40%	0.87%	22.00%	-5.86%
IUS Invesco RAFI Strategic US ETF	15.71%	16.94%	16.51%	20.79%	-8.34%	32.17%	15.09%	29.34%	-12.49%

Correlation

The correlation between DJD and IUS is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Sep 13, 2018	0.80

The correlation between DJD and IUS shifts across timeframes, from 0.73 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

DJD vs. IUS - Sectors Allocation Comparison

Sectors	DJD	IUS
Healthcare	19.9%	12.8%
Financial Services	14.7%	6.8%
Technology	13.3%	22.4%
Communication Services	12.5%	14.7%
Consumer Cyclical	11.7%	10.7%
Consumer Defensive	10.8%	7.4%
Industrials	8.4%	9.7%
Energy	7.1%	10.9%
Basic Materials	1.6%	3.3%
Real Estate	-	0.5%
Utilities	-	1.0%

Return for Risk

DJD vs. IUS — Risk / Return Rank

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

DJD

DJD Risk / Return Rank: 71
DJD Sharpe Ratio Rank: 68
DJD Sortino Ratio Rank: 76
DJD Omega Ratio Rank: 65
DJD Calmar Ratio Rank: 80
DJD Martin Ratio Rank: 66

IUS

IUS Risk / Return Rank: 91
IUS Sharpe Ratio Rank: 91
IUS Sortino Ratio Rank: 92
IUS Omega Ratio Rank: 90
IUS Calmar Ratio Rank: 89
IUS Martin Ratio Rank: 92

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.

DJD vs. IUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dow Jones Industrial Average Dividend ETF (DJD) and Invesco RAFI Strategic US ETF (IUS). 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.

	DJD	IUS	Difference
Sharpe ratio Return per unit of total volatility	2.30	3.26	-0.96
Sortino ratio Return per unit of downside risk	3.47	4.53	-1.05
Omega ratio Gain probability vs. loss probability	1.40	1.60	-0.20
Calmar ratio Return relative to maximum drawdown	4.19	5.44	-1.25
Martin ratio Return relative to average drawdown	12.31	23.27	-10.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DJD vs. IUS - Sharpe Ratio Comparison

The current DJD Sharpe Ratio is 2.30, which is comparable to the IUS Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of DJD and IUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DJD	IUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.30	3.26	-0.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.91	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.85	-0.11

Drawdowns

DJD vs. IUS - Drawdown Comparison

The maximum DJD drawdown since its inception was -34.66%, roughly equal to the maximum IUS drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for DJD and IUS.

Drawdown Indicators

	DJD	IUS	Difference
Max Drawdown Largest peak-to-trough decline	-34.66%	-34.67%	+0.01%
Max Drawdown (1Y) Largest decline over 1 year	-5.64%	-6.15%	+0.51%
Max Drawdown (3Y) Largest decline over 3 years	-12.28%	-15.61%	+3.33%
Max Drawdown (5Y) Largest decline over 5 years	-19.94%	-18.72%	-1.22%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	—	—
Current Drawdown Current decline from peak	-1.04%	-0.07%	-0.97%
Average Drawdown Average peak-to-trough decline	-3.75%	-3.86%	+0.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	1.43%	+0.49%

Volatility

DJD vs. IUS - Volatility Comparison

Invesco Dow Jones Industrial Average Dividend ETF (DJD) has a higher volatility of 2.64% compared to Invesco RAFI Strategic US ETF (IUS) at 2.50%. This indicates that DJD's price experiences larger fluctuations and is considered to be riskier than IUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DJD	IUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.64%	2.50%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	7.53%	7.41%	+0.12%
Volatility (1Y) Calculated over the trailing 1-year period	10.26%	10.26%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.36%	15.00%	-1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.65%	18.04%	-1.39%

DJD vs. IUS - Expense Ratio Comparison

DJD has a 0.07% expense ratio, which is lower than IUS's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DJD vs. IUS - Dividend Comparison

DJD's dividend yield for the trailing twelve months is around 2.43%, more than IUS's 1.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DJD Invesco Dow Jones Industrial Average Dividend ETF	2.43%	2.62%	3.00%	3.49%	3.16%	2.82%	3.47%	2.80%	2.66%	2.75%	2.46%	0.08%
IUS Invesco RAFI Strategic US ETF	1.28%	1.48%	1.52%	1.72%	1.78%	1.46%	1.74%	1.77%	0.73%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DJD and IUS in my portfolio?

DJD and IUS have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DJD or IUS?

DJD has higher volatility (2.64%) compared to IUS (2.50%). In terms of maximum drawdown, DJD dropped -34.66% vs IUS's -34.67%.

Which ETF is better, DJD or IUS?

On 5-year performance, IUS leads with 13.61% vs 10.08% for DJD. On fees, DJD is cheaper at 0.07% per year. On volatility, IUS has been the lower-risk option at 2.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DJD or IUS?

Over the 5-year period, IUS has performed better with a 13.61% return vs 10.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DJD or IUS?

DJD is cheaper with a 0.07% expense ratio, compared with 0.19% for IUS.

Which ETF pays a higher dividend yield, DJD or IUS?

DJD has the higher dividend yield at 2.43%, compared with 1.28% for IUS.

What is the main difference between DJD and IUS?

DJD tracks Dow Jones Industrial Average Yield Weight, while IUS tracks Invesco Strategic US Index. Their fees differ too: 0.07% for DJD and 0.19% for IUS.

Which has better risk-adjusted returns?

IUS currently has the higher Sharpe Ratio (3.26 vs 2.30), 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.