DVDN vs. KEAT

Last updated Apr 1, 2026

Compare and contrast key facts about Kingsbarn Dividend Opportunity ETF (DVDN) and Keating Active ETF (KEAT).

DVDN and KEAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DVDN is an actively managed fund by Kingsbarn. It was launched on Nov 1, 2023. KEAT is an actively managed fund by Keating. It was launched on Mar 27, 2024.

Performance

DVDN vs. KEAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kingsbarn Dividend Opportunity ETF (DVDN) and Keating Active ETF (KEAT). The values are adjusted to include any dividend payments, if applicable.

DVDN vs. KEAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DVDN Kingsbarn Dividend Opportunity ETF	-9.53%	-17.23%	2.67%
KEAT Keating Active ETF	12.12%	22.76%	2.41%

Returns By Period

In the year-to-date period, DVDN achieves a -9.53% return, which is significantly lower than KEAT's 12.12% return.

DVDN

• 1D: 2.59%
• 1M: -4.47%
• YTD: -9.53%
• 6M: -15.91%
• 1Y: -25.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KEAT

• 1D: 1.21%
• 1M: -2.99%
• YTD: 12.12%
• 6M: 16.70%
• 1Y: 29.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVDN vs. KEAT - Expense Ratio Comparison

DVDN has a 1.72% expense ratio, which is higher than KEAT's 0.85% expense ratio.

DVDN

Kingsbarn Dividend Opportunity ETF

KEAT

Keating Active ETF

Return for Risk

DVDN vs. KEAT — Risk / Return Rank

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

DVDN

DVDN Risk / Return Rank: 0
DVDN Sharpe Ratio Rank: 0
DVDN Sortino Ratio Rank: 1
DVDN Omega Ratio Rank: 1
DVDN Calmar Ratio Rank: 1
DVDN Martin Ratio Rank: 1

KEAT

KEAT Risk / Return Rank: 96
KEAT Sharpe Ratio Rank: 96
KEAT Sortino Ratio Rank: 96
KEAT Omega Ratio Rank: 96
KEAT Calmar Ratio Rank: 95
KEAT Martin Ratio Rank: 96

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.

DVDN vs. KEAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kingsbarn Dividend Opportunity ETF (DVDN) and Keating Active ETF (KEAT). 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.

	DVDN	KEAT	Difference
Sharpe ratio Return per unit of total volatility	-1.23	2.49	-3.72
Sortino ratio Return per unit of downside risk	-1.64	3.22	-4.86
Omega ratio Gain probability vs. loss probability	0.80	1.48	-0.68
Calmar ratio Return relative to maximum drawdown	-0.88	4.05	-4.93
Martin ratio Return relative to average drawdown	-1.68	17.08	-18.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DVDN vs. KEAT - Sharpe Ratio Comparison

The current DVDN Sharpe Ratio is -1.23, which is lower than the KEAT Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of DVDN and KEAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DVDN	KEAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.23	2.49	-3.72
Sharpe Ratio (All Time) Calculated using the full available price history	-0.28	1.81	-2.09

Correlation

The correlation between DVDN and KEAT is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DVDN vs. KEAT - Dividend Comparison

DVDN's dividend yield for the trailing twelve months is around 19.08%, more than KEAT's 2.37% yield.

	TTM	2025	2024	2023
DVDN Kingsbarn Dividend Opportunity ETF	19.08%	17.27%	14.43%	2.74%
KEAT Keating Active ETF	2.37%	2.48%	1.72%	0.00%

Drawdowns

DVDN vs. KEAT - Drawdown Comparison

The maximum DVDN drawdown since its inception was -34.59%, which is greater than KEAT's maximum drawdown of -7.45%. Use the drawdown chart below to compare losses from any high point for DVDN and KEAT.

Drawdown Indicators

	DVDN	KEAT	Difference
Max Drawdown Largest peak-to-trough decline	-34.59%	-7.45%	-27.14%
Max Drawdown (1Y) Largest decline over 1 year	-28.81%	-7.38%	-21.43%
Current Drawdown Current decline from peak	-31.59%	-3.27%	-28.32%
Average Drawdown Average peak-to-trough decline	-11.42%	-1.38%	-10.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.23%	1.77%	+13.46%

Volatility

DVDN vs. KEAT - Volatility Comparison

Kingsbarn Dividend Opportunity ETF (DVDN) has a higher volatility of 8.59% compared to Keating Active ETF (KEAT) at 3.76%. This indicates that DVDN's price experiences larger fluctuations and is considered to be riskier than KEAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DVDN	KEAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.59%	3.76%	+4.83%
Volatility (6M) Calculated over the trailing 6-month period	13.57%	8.66%	+4.91%
Volatility (1Y) Calculated over the trailing 1-year period	21.04%	12.05%	+8.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.78%	10.40%	+8.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.78%	10.40%	+8.38%