ELCV vs. DOGG

Last updated Jul 14, 2026

ELCV (Eventide High Dividend ETF) and DOGG (FT Vest DJIA Dogs 10 Target Income ETF) are both exchange-traded funds - ELCV is a Large Cap Value Equities fund actively managed by Eventide, while DOGG is a Derivative Income fund actively managed by FT Vest. Both are actively managed. Over the past year, ELCV returned 27.76% vs 18.09% for DOGG. At a 0.39 correlation, their price movements are largely independent. ELCV charges 0.49%/yr vs 0.75%/yr for DOGG.

Performance

ELCV vs. DOGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide High Dividend ETF (ELCV) and FT Vest DJIA Dogs 10 Target Income ETF (DOGG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ELCV achieves a 22.35% return, which is significantly higher than DOGG's 9.21% return.

ELCV

• 1D: -0.56%
• 1M: 0.12%
• 6M: 19.04%
• YTD: 22.35%
• 1Y: 27.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DOGG

• 1D: 0.28%
• 1M: -0.18%
• 6M: 7.96%
• YTD: 9.21%
• 1Y: 18.09%
• 3Y*: 12.95%
• 5Y*: —
• 10Y*: —

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

ELCV vs. DOGG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ELCV Eventide High Dividend ETF	22.35%	9.96%	-0.64%
DOGG FT Vest DJIA Dogs 10 Target Income ETF	9.21%	19.43%	-6.76%

Correlation

The correlation between ELCV and DOGG is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024	0.39

Return for Risk

ELCV vs. DOGG — Risk / Return Rank

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

ELCV

ELCV Risk / Return Rank: 89
ELCV Sharpe Ratio Rank: 88
ELCV Sortino Ratio Rank: 86
ELCV Omega Ratio Rank: 84
ELCV Calmar Ratio Rank: 94
ELCV Martin Ratio Rank: 93

DOGG

DOGG Risk / Return Rank: 56
DOGG Sharpe Ratio Rank: 63
DOGG Sortino Ratio Rank: 65
DOGG Omega Ratio Rank: 59
DOGG Calmar Ratio Rank: 55
DOGG Martin Ratio Rank: 38

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.

ELCV vs. DOGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide High Dividend ETF (ELCV) and FT Vest DJIA Dogs 10 Target Income ETF (DOGG). 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.

	ELCV	DOGG	Difference
Sharpe ratio: Return per unit of total volatility	2.27	1.65	+0.62
Sortino ratio: Return per unit of downside risk	3.09	2.39	+0.70
Omega ratio: Gain probability vs. loss probability	1.40	1.29	+0.11
Calmar ratio: Return relative to maximum drawdown	5.52	2.19	+3.33
Martin ratio: Return relative to average drawdown	18.59	4.69	+13.89

ELCV vs. DOGG - Sharpe Ratio Comparison

The current ELCV Sharpe Ratio is 2.27, which is higher than the DOGG Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of ELCV and DOGG, 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

ELCV vs. DOGG - Drawdown Comparison

The maximum ELCV drawdown since its inception was -18.38%, which is greater than DOGG's maximum drawdown of -11.19%. Use the drawdown chart below to compare losses from any high point for ELCV and DOGG.

Drawdown Indicators

	ELCV	DOGG	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-11.19%	-7.19%
Max Drawdown (1Y) Largest decline over 1 year	-5.05%	-8.29%	+3.24%
Max Drawdown (3Y) Largest decline over 3 years	—	-11.19%	—
Current Drawdown Current decline from peak	-2.34%	-4.01%	+1.67%
Average Drawdown Average peak-to-trough decline	-3.59%	-3.27%	-0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	3.86%	-2.36%

Volatility

ELCV vs. DOGG - Volatility Comparison

Eventide High Dividend ETF (ELCV) has a higher volatility of 4.61% compared to FT Vest DJIA Dogs 10 Target Income ETF (DOGG) at 4.16%. This indicates that ELCV's price experiences larger fluctuations and is considered to be riskier than DOGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ELCV	DOGG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	4.16%	+0.45%
Volatility (6M) Calculated over the trailing 6-month period	9.57%	8.74%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	12.32%	11.02%	+1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	12.99%	+2.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.44%	12.99%	+2.45%

ELCV vs. DOGG - Expense Ratio Comparison

ELCV has a 0.49% expense ratio, which is lower than DOGG's 0.75% expense ratio.

Dividends

ELCV vs. DOGG - Dividend Comparison

ELCV's dividend yield for the trailing twelve months is around 2.10%, less than DOGG's 8.66% yield.

Position	TTM	2025	2024	2023
DOGG FT Vest DJIA Dogs 10 Target Income ETF	8.66%	8.75%	9.92%	5.89%
ELCV Eventide High Dividend ETF	2.10%	2.34%	0.29%	0.00%

Frequently Asked Questions

Can I hold both ELCV and DOGG in my portfolio?

ELCV and DOGG have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ELCV or DOGG?

ELCV has higher volatility (4.61%) compared to DOGG (4.16%). In terms of maximum drawdown, ELCV dropped -18.38% vs DOGG's -11.19%.

Which ETF is better, ELCV or DOGG?

On 1-year performance, ELCV leads with 27.76% vs 18.09% for DOGG. On fees, ELCV is cheaper at 0.49% per year. On volatility, DOGG has been the lower-risk option at 4.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ELCV or DOGG?

Over the 1-year period, ELCV has performed better with a 27.76% return vs 18.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ELCV or DOGG?

ELCV is cheaper with a 0.49% expense ratio, compared with 0.75% for DOGG.

Which ETF pays a higher dividend yield, ELCV or DOGG?

DOGG has the higher dividend yield at 8.66%, compared with 2.10% for ELCV.

What is the main difference between ELCV and DOGG?

ELCV is categorized as Large Cap Value Equities, while DOGG is Derivative Income. They also come from different issuers: Eventide and FT Vest. Their fees differ too: 0.49% for ELCV and 0.75% for DOGG.

Which has better risk-adjusted returns?

ELCV currently has the higher Sharpe Ratio (2.27 vs 1.65), 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.