DJD vs. TDVG
Compare and contrast key facts about Invesco Dow Jones Industrial Average Dividend ETF (DJD) and T. Rowe Price Dividend Growth ETF (TDVG).
DJD and TDVG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DJD is a passively managed fund by Invesco that tracks the performance of the Dow Jones Industrial Average Yield Weight. It was launched on Dec 16, 2015. TDVG is an actively managed fund by T. Rowe Price Group, Inc.. It was launched on Aug 4, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DJD or TDVG.
Key characteristics
| DJD | TDVG | |
|---|---|---|
| YTD Return | 15.99% | 17.71% |
| 1Y Return | 29.72% | 26.97% |
| 3Y Return (Ann) | 9.03% | 7.61% |
| Sharpe Ratio | 2.66 | 2.77 |
| Sortino Ratio | 3.97 | 3.85 |
| Omega Ratio | 1.49 | 1.52 |
| Calmar Ratio | 3.69 | 5.03 |
| Martin Ratio | 16.95 | 19.02 |
| Ulcer Index | 1.74% | 1.41% |
| Daily Std Dev | 11.12% | 9.71% |
| Max Drawdown | -34.66% | -19.20% |
| Current Drawdown | -2.20% | -0.45% |
Correlation
The correlation between DJD and TDVG is 0.81, 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
DJD vs. TDVG - Performance Comparison
In the year-to-date period, DJD achieves a 15.99% return, which is significantly lower than TDVG's 17.71% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DJD vs. TDVG - Expense Ratio Comparison
DJD has a 0.07% expense ratio, which is lower than TDVG's 0.50% expense ratio.
Risk-Adjusted Performance
DJD vs. TDVG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dow Jones Industrial Average Dividend ETF (DJD) and T. Rowe Price Dividend Growth ETF (TDVG). 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
DJD vs. TDVG - Dividend Comparison
DJD's dividend yield for the trailing twelve months is around 3.04%, more than TDVG's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
DJD Invesco Dow Jones Industrial Average Dividend ETF | 3.04% | 3.49% | 3.16% | 2.82% | 3.47% | 2.80% | 2.66% | 3.26% | 3.65% | 0.16% |
TDVG T. Rowe Price Dividend Growth ETF | 1.06% | 1.31% | 1.15% | 0.80% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DJD vs. TDVG - Drawdown Comparison
The maximum DJD drawdown since its inception was -34.66%, which is greater than TDVG's maximum drawdown of -19.20%. Use the drawdown chart below to compare losses from any high point for DJD and TDVG. For additional features, visit the drawdowns tool.
Volatility
DJD vs. TDVG - Volatility Comparison
Invesco Dow Jones Industrial Average Dividend ETF (DJD) has a higher volatility of 3.40% compared to T. Rowe Price Dividend Growth ETF (TDVG) at 2.99%. This indicates that DJD's price experiences larger fluctuations and is considered to be riskier than TDVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.