DVLU vs. SNPD

Last updated Jun 25, 2026

DVLU (First Trust Dorsey Wright Momentum & Value ETF) and SNPD (Xtrackers S&P ESG Dividend Aristocrats ETF) are both exchange-traded funds - DVLU is a Momentum fund tracking the Dorsey Wright Momentum Plus Value Index, while SNPD is a Mid Cap Value Equities fund tracking the S&P ESG High Yield Dividend Aristocrats Index. Both are passively managed. Over the past 3 years, DVLU returned 21.45%/yr vs 9.73%/yr for SNPD. A 0.74 correlation means they provide meaningful diversification when combined. DVLU charges 0.60%/yr vs 0.15%/yr for SNPD.

Performance

DVLU vs. SNPD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVLU achieves a 10.78% return, which is significantly lower than SNPD's 11.36% return.

DVLU

• 1D: -0.01%
• 1M: 4.13%
• YTD: 10.78%
• 6M: 8.36%
• 1Y: 35.10%
• 3Y*: 21.45%
• 5Y*: 11.96%
• 10Y*: —

SNPD

• 1D: 0.97%
• 1M: 2.90%
• YTD: 11.36%
• 6M: 10.59%
• 1Y: 16.64%
• 3Y*: 9.73%
• 5Y*: —
• 10Y*: —

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

DVLU vs. SNPD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DVLU First Trust Dorsey Wright Momentum & Value ETF	10.78%	23.67%	13.36%	18.84%	-3.30%
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	11.36%	6.66%	5.41%	2.68%	3.49%

Correlation

The correlation between DVLU and SNPD is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (All Time) Calculated using the full available price history since Nov 9, 2022	0.74

The correlation between DVLU and SNPD shifts across timeframes, from 0.59 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DVLU vs. SNPD — Risk / Return Rank

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

DVLU

DVLU Risk / Return Rank: 71
DVLU Sharpe Ratio Rank: 77
DVLU Sortino Ratio Rank: 76
DVLU Omega Ratio Rank: 73
DVLU Calmar Ratio Rank: 66
DVLU Martin Ratio Rank: 65

SNPD

SNPD Risk / Return Rank: 45
SNPD Sharpe Ratio Rank: 48
SNPD Sortino Ratio Rank: 52
SNPD Omega Ratio Rank: 44
SNPD Calmar Ratio Rank: 43
SNPD Martin Ratio Rank: 40

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. SNPD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD). 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	SNPD	Difference
Sharpe ratio: Return per unit of total volatility	2.15	1.50	+0.65
Sortino ratio: Return per unit of downside risk	2.98	2.25	+0.73
Omega ratio: Gain probability vs. loss probability	1.37	1.26	+0.12
Calmar ratio: Return relative to maximum drawdown	2.88	1.93	+0.95
Martin ratio: Return relative to average drawdown	10.39	5.72	+4.67

DVLU vs. SNPD - Sharpe Ratio Comparison

The current DVLU Sharpe Ratio is 2.15, which is higher than the SNPD Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of DVLU and SNPD, 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

DVLU vs. SNPD - Drawdown Comparison

The maximum DVLU drawdown since its inception was -53.26%, which is greater than SNPD's maximum drawdown of -15.80%. Use the drawdown chart below to compare losses from any high point for DVLU and SNPD.

Drawdown Indicators

	DVLU	SNPD	Difference
Max Drawdown Largest peak-to-trough decline	-53.26%	-15.80%	-37.46%
Max Drawdown (1Y) Largest decline over 1 year	-12.24%	-8.68%	-3.56%
Max Drawdown (3Y) Largest decline over 3 years	-24.86%	-15.80%	-9.06%
Max Drawdown (5Y) Largest decline over 5 years	-24.86%	—	—
Current Drawdown Current decline from peak	-0.66%	-0.39%	-0.27%
Average Drawdown Average peak-to-trough decline	-8.72%	-3.90%	-4.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	2.92%	+0.47%

Volatility

DVLU vs. SNPD - Volatility Comparison

First Trust Dorsey Wright Momentum & Value ETF (DVLU) has a higher volatility of 3.51% compared to Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) at 3.13%. This indicates that DVLU's price experiences larger fluctuations and is considered to be riskier than SNPD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DVLU	SNPD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	3.13%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	12.31%	8.19%	+4.12%
Volatility (1Y) Calculated over the trailing 1-year period	16.38%	11.13%	+5.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.39%	13.11%	+8.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.73%	13.11%	+12.62%

DVLU vs. SNPD - Expense Ratio Comparison

DVLU has a 0.60% expense ratio, which is higher than SNPD's 0.15% expense ratio.

Dividends

DVLU vs. SNPD - Dividend Comparison

DVLU's dividend yield for the trailing twelve months is around 0.62%, less than SNPD's 3.26% 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%
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	3.26%	3.10%	2.78%	2.63%	0.57%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVLU and SNPD in my portfolio?

DVLU and SNPD have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DVLU or SNPD?

DVLU has higher volatility (3.51%) compared to SNPD (3.13%). In terms of maximum drawdown, DVLU dropped -53.26% vs SNPD's -15.80%.

Which ETF is better, DVLU or SNPD?

On 3-year performance, DVLU leads with 21.45% vs 9.73% for SNPD. On fees, SNPD is cheaper at 0.15% per year. On volatility, SNPD has been the lower-risk option at 3.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DVLU or SNPD?

Over the 3-year period, DVLU has performed better with a 21.45% return vs 9.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DVLU or SNPD?

SNPD is cheaper with a 0.15% expense ratio, compared with 0.60% for DVLU.

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

SNPD has the higher dividend yield at 3.26%, compared with 0.62% for DVLU.

What is the main difference between DVLU and SNPD?

DVLU is categorized as Momentum, while SNPD is Mid Cap Value Equities. DVLU tracks Dorsey Wright Momentum Plus Value Index, while SNPD tracks S&P ESG High Yield Dividend Aristocrats Index. They also come from different issuers: First Trust and Xtrackers. Their fees differ too: 0.60% for DVLU and 0.15% for SNPD.

Which has better risk-adjusted returns?

DVLU currently has the higher Sharpe Ratio (2.15 vs 1.50), 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.