ELCV vs. MFVL

Last updated Aug 2, 2026

ELCV (Eventide High Dividend ETF) and MFVL (Motley Fool Value Factor ETF) are both Large Cap Value Equities funds. Both are actively managed. Their 0.10 correlation means their historical movements had little consistent relationship. ELCV charges 0.49%/yr vs 0.50%/yr for MFVL.

Performance

ELCV vs. MFVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide High Dividend ETF (ELCV) and Motley Fool Value Factor ETF (MFVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ELCV achieves a 19.23% return, which is significantly higher than MFVL's 6.37% return.

ELCV

• 1D: 0.01%
• 1M: -2.40%
• 6M: 12.57%
• YTD: 19.23%
• 1Y: 24.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.56%

MFVL

• 1D: -0.04%
• 1M: 4.63%
• 6M: 5.12%
• YTD: 6.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ELCV Eventide High Dividend ETF	$1.69M	$1.41M	$1.59M
MFVL Motley Fool Value Factor ETF	$67.62K	$51.56K	$91.97K

ELCV vs. MFVL - Yearly Performance Comparison

	2026 (YTD)	2025
ELCV Eventide High Dividend ETF	19.23%	-0.07%
MFVL Motley Fool Value Factor ETF	6.37%	1.22%

Correlation

The correlation between ELCV and MFVL is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 9, 2025	0.10

Return for Risk

ELCV vs. MFVL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ELCV

ELCV Risk / Return Rank: 83
ELCV Sharpe Ratio Rank: 81
ELCV Sortino Ratio Rank: 80
ELCV Omega Ratio Rank: 78
ELCV Calmar Ratio Rank: 89
ELCV Martin Ratio Rank: 89

MFVL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ELCV vs. MFVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide High Dividend ETF (ELCV) and Motley Fool Value Factor ETF (MFVL). 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	MFVL	Difference
Sharpe ratio: Return per unit of total volatility	1.88	—	—
Sortino ratio: Return per unit of downside risk	2.59	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.66	—	—
Martin ratio: Return relative to average drawdown	13.88	—	—

Drawdowns

ELCV vs. MFVL - Drawdown Comparison

The maximum ELCV drawdown since its inception was -18.38%, which is greater than MFVL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for ELCV and MFVL.

Drawdown Indicators

	ELCV	MFVL	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-7.03%	-11.35%
Max Drawdown (1Y) Largest decline over 1 year	-6.54%	—	—
Current Drawdown Current decline from peak	-4.83%	-1.89%	-2.94%
Average Drawdown Average peak-to-trough decline	-3.59%	-2.53%	-1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	—	—

Volatility

Volatility by Period

	ELCV	MFVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.78%	13.82%	-1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.47%	13.82%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.47%	13.82%	+1.65%

ELCV vs. MFVL - Expense Ratio Comparison

ELCV has a 0.49% expense ratio, which is lower than MFVL's 0.50% expense ratio.

Dividends

ELCV vs. MFVL - Dividend Comparison

ELCV's dividend yield for the trailing twelve months is around 2.15%, while MFVL has not paid dividends to shareholders.

Position	TTM	2025	2024
ELCV Eventide High Dividend ETF	2.15%	2.34%	0.29%
MFVL Motley Fool Value Factor ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ELCV and MFVL in my portfolio?

ELCV and MFVL have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ELCV or MFVL?

On fees, ELCV is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ELCV or MFVL?

ELCV is cheaper with a 0.49% expense ratio, compared with 0.50% for MFVL.

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

ELCV has the higher dividend yield at 2.15%, compared with 0.00% for MFVL.

What is the main difference between ELCV and MFVL?

They also come from different issuers: Eventide and Motley Fool. Their fees differ too: 0.49% for ELCV and 0.50% for MFVL.