DVLU vs. SPY
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Value ETF (DVLU) and SPDR S&P 500 ETF (SPY).
DVLU and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DVLU is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright Momentum Plus Value Index. It was launched on Sep 5, 2018. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both DVLU and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DVLU or SPY.
Correlation
The correlation between DVLU and SPY is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DVLU vs. SPY - Performance Comparison
Key characteristics
DVLU:
0.74
SPY:
1.75
DVLU:
1.11
SPY:
2.36
DVLU:
1.14
SPY:
1.32
DVLU:
0.98
SPY:
2.66
DVLU:
2.41
SPY:
11.01
DVLU:
5.06%
SPY:
2.03%
DVLU:
16.58%
SPY:
12.77%
DVLU:
-53.26%
SPY:
-55.19%
DVLU:
-9.73%
SPY:
-2.12%
Returns By Period
In the year-to-date period, DVLU achieves a 1.61% return, which is significantly lower than SPY's 2.36% return.
DVLU
1.61%
-4.42%
-1.99%
10.32%
10.04%
N/A
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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DVLU vs. SPY - Expense Ratio Comparison
DVLU has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DVLU vs. SPY — Risk-Adjusted Performance Rank
DVLU
SPY
DVLU vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Value ETF (DVLU) and SPDR S&P 500 ETF (SPY). 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
DVLU vs. SPY - Dividend Comparison
DVLU's dividend yield for the trailing twelve months is around 1.04%, less than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | 1.04% | 1.06% | 1.34% | 2.18% | 1.33% | 1.34% | 1.71% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DVLU vs. SPY - Drawdown Comparison
The maximum DVLU drawdown since its inception was -53.26%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DVLU and SPY. For additional features, visit the drawdowns tool.
Volatility
DVLU vs. SPY - Volatility Comparison
First Trust Dorsey Wright Momentum & Value ETF (DVLU) has a higher volatility of 4.25% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that DVLU's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.