DLAG vs. TDIV
DLAG (FT Vest U.S. Equity Dual Directional Buffer ETF - August) and TDIV (First Trust NASDAQ Technology Dividend Index Fund) are both exchange-traded funds - DLAG is a Defined Outcome fund actively managed by First Trust, while TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index. DLAG is actively managed, while TDIV is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. DLAG charges 0.85%/yr vs 0.50%/yr for TDIV.
Performance
DLAG vs. TDIV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DLAG achieves a 6.26% return, which is significantly lower than TDIV's 19.14% return.
DLAG
- 1D
- 0.17%
- 1M
- 1.25%
- 6M
- 5.38%
- YTD
- 6.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TDIV
- 1D
- -0.01%
- 1M
- -0.72%
- 6M
- 15.59%
- YTD
- 19.14%
- 1Y
- 26.95%
- 3Y*
- 27.29%
- 5Y*
- 16.85%
- 10Y*
- 17.74%
DLAG vs. TDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DLAG FT Vest U.S. Equity Dual Directional Buffer ETF - August | 6.26% | 2.31% |
TDIV First Trust NASDAQ Technology Dividend Index Fund | 19.14% | -1.55% |
Correlation
The correlation between DLAG and TDIV is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 22, 2025 | 0.78 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DLAG vs. TDIV — Risk / Return Rank
DLAG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TDIV
DLAG vs. TDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Dual Directional Buffer ETF - August (DLAG) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DLAG | TDIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.03 | — |
| Martin ratioReturn relative to average drawdown | — | 5.62 | — |
Loading charts...
Drawdowns
DLAG vs. TDIV - Drawdown Comparison
The maximum DLAG drawdown since its inception was -4.23%, smaller than the maximum TDIV drawdown of -31.97%. Use the drawdown chart below to compare losses from any high point for DLAG and TDIV.
Loading charts...
Drawdown Indicators
| DLAG | TDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.23% | -31.97% | +27.74% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.01% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.00% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.97% | — |
Current DrawdownCurrent decline from peak | 0.00% | -10.39% | +10.39% |
Average DrawdownAverage peak-to-trough decline | -0.53% | -4.87% | +4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.69% | — |
Volatility
DLAG vs. TDIV - Volatility Comparison
Loading charts...
Volatility by Period
| DLAG | TDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.90% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.98% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.31% | 20.17% | -13.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.31% | 21.03% | -14.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.31% | 20.95% | -14.64% |
DLAG vs. TDIV - Expense Ratio Comparison
DLAG has a 0.85% expense ratio, which is higher than TDIV's 0.50% expense ratio.
Dividends
DLAG vs. TDIV - Dividend Comparison
DLAG has not paid dividends to shareholders, while TDIV's dividend yield for the trailing twelve months is around 1.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLAG FT Vest U.S. Equity Dual Directional Buffer ETF - August | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TDIV First Trust NASDAQ Technology Dividend Index Fund | 1.32% | 1.40% | 1.59% | 1.74% | 2.51% | 1.76% | 2.07% | 2.27% | 2.97% | 2.27% | 2.45% | 2.52% |
Frequently Asked Questions
DLAG and TDIV have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TDIV is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TDIV is cheaper with a 0.50% expense ratio, compared with 0.85% for DLAG.
TDIV has the higher dividend yield at 1.32%, compared with 0.00% for DLAG.
DLAG is categorized as Defined Outcome, while TDIV is Technology Equities. Their fees differ too: 0.85% for DLAG and 0.50% for TDIV.
Find the right allocation for DLAG and TDIV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer