Correlation
The correlation between DVND and DIVY is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
DVND vs. DIVY
Compare and contrast key facts about Touchstone Dividend Select ETF (DVND) and Tidal ETF Trust - Sound Equity Income ETF (DIVY).
DVND and DIVY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DVND is an actively managed fund by Touchstone. It was launched on Aug 2, 2022. DIVY is an actively managed fund by Sound Income Strategies. It was launched on Dec 30, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DVND or DIVY.
Performance
DVND vs. DIVY - Performance Comparison
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Key characteristics
DVND:
0.64
DIVY:
0.05
DVND:
0.89
DIVY:
0.12
DVND:
1.13
DIVY:
1.02
DVND:
0.63
DIVY:
-0.01
DVND:
2.51
DIVY:
-0.03
DVND:
3.68%
DIVY:
5.20%
DVND:
16.45%
DIVY:
17.83%
DVND:
-14.83%
DIVY:
-18.23%
DVND:
-3.45%
DIVY:
-7.58%
Returns By Period
In the year-to-date period, DVND achieves a 2.37% return, which is significantly higher than DIVY's -1.91% return.
DVND
2.37%
4.06%
-2.57%
10.40%
N/A
N/A
N/A
DIVY
-1.91%
3.26%
-7.58%
0.90%
0.93%
N/A
N/A
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DVND vs. DIVY - Expense Ratio Comparison
DVND has a 0.68% expense ratio, which is higher than DIVY's 0.45% expense ratio.
Risk-Adjusted Performance
DVND vs. DIVY — Risk-Adjusted Performance Rank
DVND
DIVY
DVND vs. DIVY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Dividend Select ETF (DVND) and Tidal ETF Trust - Sound Equity Income ETF (DIVY). 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.
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Dividends
DVND vs. DIVY - Dividend Comparison
DVND's dividend yield for the trailing twelve months is around 2.05%, less than DIVY's 5.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
DVND Touchstone Dividend Select ETF | 2.05% | 2.07% | 2.05% | 0.71% | 0.00% |
DIVY Tidal ETF Trust - Sound Equity Income ETF | 5.12% | 4.77% | 3.69% | 4.60% | 3.29% |
Drawdowns
DVND vs. DIVY - Drawdown Comparison
The maximum DVND drawdown since its inception was -14.83%, smaller than the maximum DIVY drawdown of -18.23%. Use the drawdown chart below to compare losses from any high point for DVND and DIVY.
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Volatility
DVND vs. DIVY - Volatility Comparison
The current volatility for Touchstone Dividend Select ETF (DVND) is 4.18%, while Tidal ETF Trust - Sound Equity Income ETF (DIVY) has a volatility of 5.48%. This indicates that DVND experiences smaller price fluctuations and is considered to be less risky than DIVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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