DUKQ vs. USMV

Last updated Jul 14, 2026

DUKQ (Ocean Park Domestic ETF) and USMV (iShares MSCI USA Min Vol Factor ETF) are both Large Cap Blend Equities funds. DUKQ is actively managed, while USMV is passively managed. Over the past year, DUKQ returned 20.58% vs 7.10% for USMV. A 0.60 correlation means they provide meaningful diversification when combined. DUKQ charges 0.98%/yr vs 0.15%/yr for USMV.

Performance

DUKQ vs. USMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ocean Park Domestic ETF (DUKQ) and iShares MSCI USA Min Vol Factor ETF (USMV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DUKQ achieves a 12.47% return, which is significantly higher than USMV's 4.64% return.

DUKQ

• 1D: -0.85%
• 1M: 0.25%
• 6M: 9.49%
• YTD: 12.47%
• 1Y: 20.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USMV

• 1D: 0.06%
• 1M: 2.16%
• 6M: 3.87%
• YTD: 4.64%
• 1Y: 7.10%
• 3Y*: 11.43%
• 5Y*: 7.16%
• 10Y*: 9.58%

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

DUKQ vs. USMV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DUKQ Ocean Park Domestic ETF	12.47%	5.69%	4.80%
USMV iShares MSCI USA Min Vol Factor ETF	4.64%	7.65%	5.82%

Correlation

The correlation between DUKQ and USMV is 0.52, 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	0.52
Correlation (All Time) Calculated using the full available price history since Jul 11, 2024	0.60

The correlation between DUKQ and USMV has been stable across timeframes, ranging from 0.52 to 0.60 - a consistent structural relationship.

DUKQ vs. USMV - Sectors Allocation Comparison

Sectors	DUKQ	USMV
Technology	34.8%	33.9%
Industrials	10.9%	6.1%
Consumer Cyclical	10.3%	5.7%
Financial Services	9.3%	11.7%
Healthcare	8.9%	12.6%
Communication Services	7.7%	6.2%
Consumer Defensive	4.8%	9.4%
Energy	3.7%	2.7%
Utilities	3.7%	6.9%
Real Estate	3.1%	2.5%
Basic Materials	2.7%	2.4%

Return for Risk

DUKQ vs. USMV — Risk / Return Rank

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

DUKQ

DUKQ Risk / Return Rank: 62
DUKQ Sharpe Ratio Rank: 59
DUKQ Sortino Ratio Rank: 57
DUKQ Omega Ratio Rank: 56
DUKQ Calmar Ratio Rank: 67
DUKQ Martin Ratio Rank: 73

USMV

USMV Risk / Return Rank: 28
USMV Sharpe Ratio Rank: 29
USMV Sortino Ratio Rank: 26
USMV Omega Ratio Rank: 25
USMV Calmar Ratio Rank: 28
USMV Martin Ratio Rank: 31

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.

DUKQ vs. USMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park Domestic ETF (DUKQ) and iShares MSCI USA Min Vol Factor ETF (USMV). 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.

	DUKQ	USMV	Difference
Sharpe ratio: Return per unit of total volatility	1.56	0.84	+0.71
Sortino ratio: Return per unit of downside risk	2.18	1.23	+0.95
Omega ratio: Gain probability vs. loss probability	1.28	1.15	+0.13
Calmar ratio: Return relative to maximum drawdown	2.63	1.10	+1.53
Martin ratio: Return relative to average drawdown	10.69	3.61	+7.08

DUKQ vs. USMV - Sharpe Ratio Comparison

The current DUKQ Sharpe Ratio is 1.56, which is higher than the USMV Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of DUKQ and USMV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DUKQ vs. USMV - Drawdown Comparison

The maximum DUKQ drawdown since its inception was -18.44%, smaller than the maximum USMV drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for DUKQ and USMV.

Drawdown Indicators

	DUKQ	USMV	Difference
Max Drawdown Largest peak-to-trough decline	-18.44%	-33.10%	+14.66%
Max Drawdown (1Y) Largest decline over 1 year	-7.84%	-6.46%	-1.38%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.10%	—
Current Drawdown Current decline from peak	-1.55%	-0.54%	-1.01%
Average Drawdown Average peak-to-trough decline	-3.77%	-2.87%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	1.97%	-0.04%

Volatility

DUKQ vs. USMV - Volatility Comparison

Ocean Park Domestic ETF (DUKQ) has a higher volatility of 4.73% compared to iShares MSCI USA Min Vol Factor ETF (USMV) at 2.54%. This indicates that DUKQ's price experiences larger fluctuations and is considered to be riskier than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUKQ	USMV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.73%	2.54%	+2.19%
Volatility (6M) Calculated over the trailing 6-month period	10.49%	6.22%	+4.27%
Volatility (1Y) Calculated over the trailing 1-year period	13.31%	8.48%	+4.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.94%	12.36%	+2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.94%	14.49%	+0.45%

DUKQ vs. USMV - Expense Ratio Comparison

DUKQ has a 0.98% expense ratio, which is higher than USMV's 0.15% expense ratio.

Dividends

DUKQ vs. USMV - Dividend Comparison

DUKQ's dividend yield for the trailing twelve months is around 0.32%, less than USMV's 1.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DUKQ Ocean Park Domestic ETF	0.32%	0.68%	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USMV iShares MSCI USA Min Vol Factor ETF	1.48%	1.49%	1.67%	1.82%	1.62%	1.26%	1.81%	1.88%	2.12%	1.77%	2.22%	2.02%

Frequently Asked Questions

Can I hold both DUKQ and USMV in my portfolio?

DUKQ and USMV have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUKQ or USMV?

DUKQ has higher volatility (4.73%) compared to USMV (2.54%). In terms of maximum drawdown, DUKQ dropped -18.44% vs USMV's -33.10%.

Which ETF is better, DUKQ or USMV?

On 1-year performance, DUKQ leads with 20.58% vs 7.10% for USMV. On fees, USMV is cheaper at 0.15% per year. On volatility, USMV has been the lower-risk option at 2.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUKQ or USMV?

Over the 1-year period, DUKQ has performed better with a 20.58% return vs 7.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUKQ or USMV?

USMV is cheaper with a 0.15% expense ratio, compared with 0.98% for DUKQ.

Which ETF pays a higher dividend yield, DUKQ or USMV?

USMV has the higher dividend yield at 1.48%, compared with 0.32% for DUKQ.

What is the main difference between DUKQ and USMV?

They also come from different issuers: Ocean Park and iShares. Their fees differ too: 0.98% for DUKQ and 0.15% for USMV.

Which has better risk-adjusted returns?

DUKQ currently has the higher Sharpe Ratio (1.56 vs 0.84), 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.