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EUSA vs. DVY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EUSA vs. DVY

Last updated Jun 26, 2026

EUSA (iShares MSCI USA Equal Weighted ETF) and DVY (iShares Select Dividend ETF) are both exchange-traded funds - EUSA is a Mid Cap Blend Equities fund tracking the MSCI USA Equal Weighted Index, while DVY is a Large Cap Value Equities fund tracking the Dow Jones U.S. Select Dividend Index. Both are passively managed. Over the past 10 years, EUSA returned 12.28%/yr vs 10.66%/yr for DVY. A 0.74 correlation means they provide meaningful diversification when combined. EUSA charges 0.09%/yr vs 0.39%/yr for DVY.

Performance

EUSA vs. DVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Equal Weighted ETF (EUSA) and iShares Select Dividend ETF (DVY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EUSA achieves a 10.06% return, which is significantly lower than DVY's 12.97% return. Over the past 10 years, EUSA has outperformed DVY with an annualized return of 12.28%, while DVY has yielded a comparatively lower 10.66% annualized return.

EUSA

1D
0.43%
1M
1.53%
YTD
10.06%
6M
8.62%
1Y
17.88%
3Y*
15.73%
5Y*
7.65%
10Y*
12.28%

DVY

1D
0.72%
1M
1.93%
YTD
12.97%
6M
11.84%
1Y
24.49%
3Y*
16.32%
5Y*
9.79%
10Y*
10.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUSA vs. DVY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EUSA
iShares MSCI USA Equal Weighted ETF		10.06%10.24%14.64%17.72%-17.13%25.60%15.03%30.56%-8.58%19.02%
DVY
iShares Select Dividend ETF		12.97%11.60%16.24%1.12%1.80%31.70%-4.91%22.62%-6.36%14.82%

Correlation

The correlation between EUSA and DVY is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.71

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.81

Correlation (10Y)
Calculated over the trailing 10-year period

0.82

Correlation (All Time)
Calculated using the full available price history since May 7, 2010

0.74

The correlation between EUSA and DVY shifts across timeframes, from 0.71 (1 year) to 0.82 (10 years), reflecting how their relationship changes across market environments.

EUSA vs. DVY - Sectors Allocation Comparison

Sectors
EUSA
DVY

Technology

20.3%
3.8%

Industrials

15.3%
2.1%

Financial Services

14.7%
25.8%

Consumer Cyclical

11.1%
10.0%

Healthcare

10.8%
5.1%

Utilities

5.4%
23.8%

Consumer Defensive

5.3%
13.4%

Real Estate

5.2%

-

Basic Materials

4.3%
2.0%

Communication Services

4.0%
5.3%

Energy

3.8%
8.2%

Technology

EUSA
20.3%
DVY
3.8%

Industrials

EUSA
15.3%
DVY
2.1%

Financial Services

EUSA
14.7%
DVY
25.8%

Consumer Cyclical

EUSA
11.1%
DVY
10.0%

Healthcare

EUSA
10.8%
DVY
5.1%

Utilities

EUSA
5.4%
DVY
23.8%

Consumer Defensive

EUSA
5.3%
DVY
13.4%

Real Estate

EUSA
5.2%
DVY

-

Basic Materials

EUSA
4.3%
DVY
2.0%

Communication Services

EUSA
4.0%
DVY
5.3%

Energy

EUSA
3.8%
DVY
8.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI USA Equal Weighted ETF

iShares Select Dividend ETF

Often compared with EUSA:
EUSA vs. RSPEUSA vs. GSEWEUSA vs. VOOEUSA vs. VTIEUSA vs. ^GSPCEUSA vs. SCHGEUSA vs. ITOT
Often compared with DVY:
DVY vs. SCHDDVY vs. HDVDVY vs. VYMDVY vs. DGRODVY vs. VIGDVY vs. SPYDDVY vs. VOO

Return for Risk

EUSA vs. DVY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EUSA
EUSA Risk / Return Rank: 5151
Overall Rank
EUSA Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
EUSA Sortino Ratio Rank: 5050
Sortino Ratio Rank
EUSA Omega Ratio Rank: 4646
Omega Ratio Rank
EUSA Calmar Ratio Rank: 5454
Calmar Ratio Rank
EUSA Martin Ratio Rank: 5959
Martin Ratio Rank
DVY
DVY Risk / Return Rank: 7878
Overall Rank
DVY Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
DVY Sortino Ratio Rank: 8383
Sortino Ratio Rank
DVY Omega Ratio Rank: 7474
Omega Ratio Rank
DVY Calmar Ratio Rank: 7979
Calmar Ratio Rank
DVY Martin Ratio Rank: 7676
Martin Ratio Rank
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.

EUSA vs. DVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Equal Weighted ETF (EUSA) and iShares Select Dividend ETF (DVY). 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.

EUSADVYDifference
Sharpe ratioReturn per unit of total volatility
1.49
2.20

-0.70

Sortino ratioReturn per unit of downside risk
2.16
3.19

-1.04

Omega ratioGain probability vs. loss probability

1.26

1.38

-0.12

Calmar ratioReturn relative to maximum drawdown

2.30

3.57

-1.27

Martin ratioReturn relative to average drawdown

9.03

12.47

-3.45

EUSA vs. DVY - Sharpe Ratio Comparison

The current EUSA Sharpe Ratio is 1.49, which is lower than the DVY Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of EUSA and DVY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

EUSA vs. DVY - Drawdown Comparison

The maximum EUSA drawdown since its inception was -39.16%, smaller than the maximum DVY drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for EUSA and DVY.

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Drawdown Indicators

EUSADVYDifference

Max Drawdown

Largest peak-to-trough decline

-39.16%

-62.59%

+23.43%

Max Drawdown (1Y)

Largest decline over 1 year

-7.82%

-6.89%

-0.93%

Max Drawdown (3Y)

Largest decline over 3 years

-18.20%

-16.00%

-2.20%

Max Drawdown (5Y)

Largest decline over 5 years

-25.24%

-17.54%

-7.70%

Max Drawdown (10Y)

Largest decline over 10 years

-39.16%

-41.59%

+2.43%

Current Drawdown

Current decline from peak

-0.62%

-0.38%

-0.24%

Average Drawdown

Average peak-to-trough decline

-4.58%

-8.77%

+4.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

1.97%

+0.02%

Volatility

EUSA vs. DVY - Volatility Comparison

iShares MSCI USA Equal Weighted ETF (EUSA) has a higher volatility of 3.67% compared to iShares Select Dividend ETF (DVY) at 3.36%. This indicates that EUSA's price experiences larger fluctuations and is considered to be riskier than DVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EUSADVYDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.67%

3.36%

+0.31%

Volatility (6M)

Calculated over the trailing 6-month period

9.09%

7.80%

+1.29%

Volatility (1Y)

Calculated over the trailing 1-year period

12.04%

11.25%

+0.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.99%

15.14%

+1.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.32%

18.01%

+0.31%

EUSA vs. DVY - Expense Ratio Comparison

EUSA has a 0.09% expense ratio, which is lower than DVY's 0.39% expense ratio.

Dividends

EUSA vs. DVY - Dividend Comparison

EUSA's dividend yield for the trailing twelve months is around 1.47%, less than DVY's 3.35% yield.

PositionTTM20252024202320222021202020192018201720162015
DVY
iShares Select Dividend ETF		3.35%3.65%3.65%3.82%3.43%3.12%3.66%3.41%3.58%3.00%3.04%3.45%
EUSA
iShares MSCI USA Equal Weighted ETF		1.47%1.63%1.47%1.53%1.73%1.23%1.45%1.49%2.01%1.50%1.59%2.21%

Frequently Asked Questions

EUSA and DVY have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EUSA has higher volatility (3.67%) compared to DVY (3.36%). In terms of maximum drawdown, EUSA dropped -39.16% vs DVY's -62.59%.

On 10-year performance, EUSA leads with 12.28% vs 10.66% for DVY. On fees, EUSA is cheaper at 0.09% per year. On volatility, DVY has been the lower-risk option at 3.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, EUSA has performed better with a 12.28% return vs 10.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EUSA is cheaper with a 0.09% expense ratio, compared with 0.39% for DVY.

DVY has the higher dividend yield at 3.35%, compared with 1.47% for EUSA.

EUSA is categorized as Mid Cap Blend Equities, while DVY is Large Cap Value Equities. EUSA tracks MSCI USA Equal Weighted Index, while DVY tracks Dow Jones U.S. Select Dividend Index. Their fees differ too: 0.09% for EUSA and 0.39% for DVY.

DVY currently has the higher Sharpe Ratio (2.20 vs 1.49), 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.

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