DVLU vs. TMDV
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Value ETF (DVLU) and ProShares Russell U.S. Dividend Growers ETF (TMDV).
DVLU and TMDV 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. TMDV is a passively managed fund by ProShares that tracks the performance of the Russell 3000 Dividend Elite Index. It was launched on Nov 5, 2019. Both DVLU and TMDV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
DVLU vs. TMDV - Performance Comparison
Loading graphics...
DVLU vs. TMDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | -4.21% | 23.67% | 13.36% | 18.84% | -9.73% | 41.67% | -6.68% | 2.00% |
TMDV ProShares Russell U.S. Dividend Growers ETF | 3.86% | 2.91% | 2.64% | 2.25% | -5.10% | 23.45% | 4.82% | 3.26% |
Returns By Period
In the year-to-date period, DVLU achieves a -4.21% return, which is significantly lower than TMDV's 3.86% return.
DVLU
- 1D
- 3.33%
- 1M
- -5.53%
- YTD
- -4.21%
- 6M
- 2.11%
- 1Y
- 21.21%
- 3Y*
- 16.69%
- 5Y*
- 10.14%
- 10Y*
- —
TMDV
- 1D
- 0.73%
- 1M
- -6.29%
- YTD
- 3.86%
- 6M
- 3.24%
- 1Y
- 4.88%
- 3Y*
- 4.12%
- 5Y*
- 3.69%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DVLU vs. TMDV - Expense Ratio Comparison
DVLU has a 0.60% expense ratio, which is higher than TMDV's 0.35% expense ratio.
Return for Risk
DVLU vs. TMDV — Risk / Return Rank
DVLU
TMDV
DVLU vs. TMDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Value ETF (DVLU) and ProShares Russell U.S. Dividend Growers ETF (TMDV). 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.
| DVLU | TMDV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 0.33 | +0.63 |
Sortino ratioReturn per unit of downside risk | 1.40 | 0.59 | +0.81 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.07 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 0.56 | +0.94 |
Martin ratioReturn relative to average drawdown | 5.37 | 1.62 | +3.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DVLU | TMDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 0.33 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.26 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.30 | +0.05 |
Correlation
The correlation between DVLU and TMDV is 0.74, 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.
Dividends
DVLU vs. TMDV - Dividend Comparison
DVLU's dividend yield for the trailing twelve months is around 0.71%, less than TMDV's 2.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | 0.71% | 0.73% | 1.06% | 1.34% | 2.18% | 1.33% | 1.34% | 1.71% | 0.58% |
TMDV ProShares Russell U.S. Dividend Growers ETF | 2.64% | 2.65% | 2.70% | 2.45% | 2.46% | 2.14% | 2.28% | 0.16% | 0.00% |
Drawdowns
DVLU vs. TMDV - Drawdown Comparison
The maximum DVLU drawdown since its inception was -53.26%, which is greater than TMDV's maximum drawdown of -33.42%. Use the drawdown chart below to compare losses from any high point for DVLU and TMDV.
Loading graphics...
Drawdown Indicators
| DVLU | TMDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.26% | -33.42% | -19.84% |
Max Drawdown (1Y)Largest decline over 1 year | -14.82% | -10.52% | -4.30% |
Max Drawdown (5Y)Largest decline over 5 years | -24.86% | -17.11% | -7.75% |
Current DrawdownCurrent decline from peak | -9.32% | -7.16% | -2.16% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -5.42% | -3.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.14% | 3.62% | +0.52% |
Volatility
DVLU vs. TMDV - Volatility Comparison
First Trust Dorsey Wright Momentum & Value ETF (DVLU) has a higher volatility of 6.15% compared to ProShares Russell U.S. Dividend Growers ETF (TMDV) at 3.78%. This indicates that DVLU's price experiences larger fluctuations and is considered to be riskier than TMDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DVLU | TMDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.15% | 3.78% | +2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 13.36% | 8.37% | +4.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.29% | 14.88% | +7.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.68% | 14.43% | +7.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.00% | 18.79% | +7.21% |