DVLU vs. SMOM

Last updated Jun 23, 2026

DVLU (First Trust Dorsey Wright Momentum & Value ETF) and SMOM (Symmetry Panoramic Sector Momentum ETF) are both exchange-traded funds - DVLU is a Momentum fund tracking the Dorsey Wright Momentum Plus Value Index, while SMOM is a Large Cap Blend Equities fund actively managed by Symmetry Partners. DVLU is passively managed, while SMOM is actively managed. A 0.71 correlation means they provide meaningful diversification when combined. DVLU charges 0.60%/yr vs 0.63%/yr for SMOM.

Performance

DVLU vs. SMOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Symmetry Panoramic Sector Momentum ETF (SMOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVLU achieves a 10.45% return, which is significantly higher than SMOM's 8.28% return.

DVLU

• 1D: 1.15%
• 1M: 3.83%
• YTD: 10.45%
• 6M: 8.12%
• 1Y: 37.54%
• 3Y*: 21.33%
• 5Y*: 12.44%
• 10Y*: —

SMOM

• 1D: 0.43%
• 1M: 0.69%
• YTD: 8.28%
• 6M: 7.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVLU vs. SMOM - Yearly Performance Comparison

	2026 (YTD)	2025
DVLU First Trust Dorsey Wright Momentum & Value ETF	10.45%	12.82%
SMOM Symmetry Panoramic Sector Momentum ETF	8.28%	2.78%

Correlation

The correlation between DVLU and SMOM is 0.71, 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 10, 2025	0.71

Return for Risk

DVLU vs. SMOM — Risk / Return Rank

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

DVLU

DVLU Risk / Return Rank: 69
DVLU Sharpe Ratio Rank: 75
DVLU Sortino Ratio Rank: 73
DVLU Omega Ratio Rank: 69
DVLU Calmar Ratio Rank: 64
DVLU Martin Ratio Rank: 63

SMOM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

DVLU vs. SMOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Symmetry Panoramic Sector Momentum ETF (SMOM). 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	SMOM	Difference
Sharpe ratio: Return per unit of total volatility	2.30	—	—
Sortino ratio: Return per unit of downside risk	3.16	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.08	—	—
Martin ratio: Return relative to average drawdown	11.11	—	—

Drawdowns

DVLU vs. SMOM - Drawdown Comparison

The maximum DVLU drawdown since its inception was -53.26%, which is greater than SMOM's maximum drawdown of -7.45%. Use the drawdown chart below to compare losses from any high point for DVLU and SMOM.

Drawdown Indicators

	DVLU	SMOM	Difference
Max Drawdown Largest peak-to-trough decline	-53.26%	-7.45%	-45.81%
Max Drawdown (1Y) Largest decline over 1 year	-12.24%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.86%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.86%	—	—
Current Drawdown Current decline from peak	-0.95%	-1.40%	+0.45%
Average Drawdown Average peak-to-trough decline	-8.73%	-1.49%	-7.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	—	—

Volatility

Volatility by Period

	DVLU	SMOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.46%	12.76%	+3.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.39%	12.76%	+8.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.74%	12.76%	+12.98%

DVLU vs. SMOM - Expense Ratio Comparison

DVLU has a 0.60% expense ratio, which is lower than SMOM's 0.63% expense ratio.

Dividends

DVLU vs. SMOM - Dividend Comparison

DVLU's dividend yield for the trailing twelve months is around 0.62%, more than SMOM's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DVLU First Trust Dorsey Wright Momentum & Value ETF	0.62%	0.73%	1.06%	1.34%	2.18%	1.33%	1.34%	1.71%	0.58%
SMOM Symmetry Panoramic Sector Momentum ETF	0.15%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVLU and SMOM in my portfolio?

DVLU and SMOM have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVLU or SMOM?

On fees, DVLU is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVLU or SMOM?

DVLU is cheaper with a 0.60% expense ratio, compared with 0.63% for SMOM.

Which ETF pays a higher dividend yield, DVLU or SMOM?

DVLU has the higher dividend yield at 0.62%, compared with 0.15% for SMOM.

What is the main difference between DVLU and SMOM?

DVLU is categorized as Momentum, while SMOM is Large Cap Blend Equities. They also come from different issuers: First Trust and Symmetry Partners. Their fees differ too: 0.60% for DVLU and 0.63% for SMOM.