DVDN vs. SPYI
Compare and contrast key facts about Kingsbarn Dividend Opportunity ETF (DVDN) and NEOS S&P 500 High Income ETF (SPYI).
DVDN and SPYI 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. SPYI is an actively managed fund by Neos Investments. It was launched on Aug 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DVDN or SPYI.
Correlation
The correlation between DVDN and SPYI is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DVDN vs. SPYI - Performance Comparison
Key characteristics
DVDN:
-0.29
SPYI:
1.83
DVDN:
-0.28
SPYI:
2.43
DVDN:
0.97
SPYI:
1.38
DVDN:
-0.30
SPYI:
2.73
DVDN:
-0.79
SPYI:
12.58
DVDN:
6.21%
SPYI:
1.43%
DVDN:
16.88%
SPYI:
9.86%
DVDN:
-16.14%
SPYI:
-10.19%
DVDN:
-14.62%
SPYI:
-2.89%
Returns By Period
In the year-to-date period, DVDN achieves a -1.59% return, which is significantly lower than SPYI's -0.33% return.
DVDN
-1.59%
-7.87%
-13.68%
-5.34%
N/A
N/A
SPYI
-0.33%
-2.61%
4.99%
17.93%
N/A
N/A
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DVDN vs. SPYI - Expense Ratio Comparison
DVDN has a 1.72% expense ratio, which is higher than SPYI's 0.68% expense ratio.
Risk-Adjusted Performance
DVDN vs. SPYI — Risk-Adjusted Performance Rank
DVDN
SPYI
DVDN vs. SPYI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kingsbarn Dividend Opportunity ETF (DVDN) and NEOS S&P 500 High Income ETF (SPYI). 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
DVDN vs. SPYI - Dividend Comparison
DVDN's dividend yield for the trailing twelve months is around 9.36%, less than SPYI's 12.08% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
DVDN Kingsbarn Dividend Opportunity ETF | 9.36% | 9.21% | 2.74% | 0.00% |
SPYI NEOS S&P 500 High Income ETF | 12.08% | 12.04% | 12.01% | 4.10% |
Drawdowns
DVDN vs. SPYI - Drawdown Comparison
The maximum DVDN drawdown since its inception was -16.14%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for DVDN and SPYI. For additional features, visit the drawdowns tool.
Volatility
DVDN vs. SPYI - Volatility Comparison
Kingsbarn Dividend Opportunity ETF (DVDN) has a higher volatility of 6.32% compared to NEOS S&P 500 High Income ETF (SPYI) at 3.86%. This indicates that DVDN's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.