DVLU vs. RDVY
DVLU (First Trust Dorsey Wright Momentum & Value ETF) and RDVY (First Trust Rising Dividend Achievers ETF) are both exchange-traded funds - DVLU is a Momentum fund tracking the Dorsey Wright Momentum Plus Value Index, while RDVY is a Dividend fund tracking the Nasdaq US Rising Dividend Achievers Index. Both are passively managed. Over the past 5 years, DVLU returned 12.91%/yr vs 12.89%/yr for RDVY. Their correlation of 0.83 means they have usually moved in the same direction. DVLU charges 0.60%/yr vs 0.47%/yr for RDVY.
Performance
DVLU vs. RDVY - Performance Comparison
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Returns By Period
In the year-to-date period, DVLU achieves a 14.88% return, which is significantly lower than RDVY's 17.25% return.
DVLU
- 1D
- -0.21%
- 1M
- 3.84%
- 6M
- 14.17%
- YTD
- 14.88%
- 1Y
- 39.38%
- 3Y*
- 19.69%
- 5Y*
- 12.91%
- 10Y*
- —
- ALL TIME*
- 11.24%
RDVY
- 1D
- 0.36%
- 1M
- 1.19%
- 6M
- 12.71%
- YTD
- 17.25%
- 1Y
- 30.74%
- 3Y*
- 19.76%
- 5Y*
- 12.89%
- 10Y*
- 16.25%
- ALL TIME*
- 13.76%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $170.37K | $162.91K | $199.84K | |
| $77.65M | $79.19M | $83.63M |
DVLU vs. RDVY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | 14.88% | 23.67% | 13.36% | 18.84% | -9.73% | 41.67% | -6.68% | 33.59% | -24.03% |
RDVY First Trust Rising Dividend Achievers ETF | 17.25% | 18.90% | 16.41% | 20.38% | -13.27% | 31.14% | 13.47% | 37.71% | -15.23% |
Correlation
The correlation between DVLU and RDVY is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.86 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2018 | 0.83 |
The correlation between DVLU and RDVY has been stable across timeframes, ranging from 0.80 to 0.87 - a consistent structural relationship.
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Return for Risk
DVLU vs. RDVY — Risk / Return Rank
DVLU
RDVY
DVLU vs. RDVY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Value ETF (DVLU) and First Trust Rising Dividend Achievers ETF (RDVY). 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.
| DVLU | RDVY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.35 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | 3.25 | -0.18 |
| Martin ratioReturn relative to average drawdown | 11.19 | 13.63 | -2.44 |
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Drawdowns
DVLU vs. RDVY - Drawdown Comparison
The maximum DVLU drawdown since its inception was -53.26%, which is greater than RDVY's maximum drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for DVLU and RDVY.
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Drawdown Indicators
| DVLU | RDVY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.26% | -40.60% | -12.66% |
Max Drawdown (1Y)Largest decline over 1 year | -12.24% | -9.04% | -3.20% |
Max Drawdown (3Y)Largest decline over 3 years | -24.86% | -19.11% | -5.75% |
Max Drawdown (5Y)Largest decline over 5 years | -24.86% | -25.32% | +0.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.60% | — |
Current DrawdownCurrent decline from peak | -1.39% | 0.00% | -1.39% |
Average DrawdownAverage peak-to-trough decline | -8.61% | -4.95% | -3.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.35% | 2.15% | +1.20% |
Volatility
DVLU vs. RDVY - Volatility Comparison
First Trust Dorsey Wright Momentum & Value ETF (DVLU) has a higher volatility of 4.18% compared to First Trust Rising Dividend Achievers ETF (RDVY) at 3.53%. This indicates that DVLU's price experiences larger fluctuations and is considered to be riskier than RDVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DVLU | RDVY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 3.53% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 11.98% | 11.46% | +0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.47% | 14.65% | +1.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 18.92% | +2.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.60% | 21.03% | +4.57% |
DVLU vs. RDVY - Expense Ratio Comparison
DVLU has a 0.60% expense ratio, which is higher than RDVY's 0.47% expense ratio.
Dividends
DVLU vs. RDVY - Dividend Comparison
DVLU's dividend yield for the trailing twelve months is around 0.66%, less than RDVY's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | 0.66% | 0.73% | 1.06% | 1.34% | 2.18% | 1.33% | 1.34% | 1.71% | 0.58% | 0.00% | 0.00% | 0.00% |
RDVY First Trust Rising Dividend Achievers ETF | 0.83% | 1.11% | 1.64% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% |
Frequently Asked Questions
DVLU and RDVY have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DVLU has higher volatility (4.18%) compared to RDVY (3.53%). In terms of maximum drawdown, DVLU dropped -53.26% vs RDVY's -40.60%.
On 5-year performance, DVLU leads with 12.91% vs 12.89% for RDVY. On fees, RDVY is cheaper at 0.47% per year. On volatility, RDVY has been the lower-risk option at 3.53%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DVLU has performed better with a 12.91% return vs 12.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RDVY is cheaper with a 0.47% expense ratio, compared with 0.60% for DVLU.
RDVY has the higher dividend yield at 0.83%, compared with 0.66% for DVLU.
DVLU is categorized as Momentum, while RDVY is Dividend. DVLU tracks Dorsey Wright Momentum Plus Value Index, while RDVY tracks Nasdaq US Rising Dividend Achievers Index. Their fees differ too: 0.60% for DVLU and 0.47% for RDVY.
DVLU currently has the higher Sharpe Ratio (2.28 vs 2.00), 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.
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