EVUS vs. HDV
EVUS (Ishares ESG Aware MSCI USA Value ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - EVUS is a Large Cap Value Equities fund tracking the MSCI USA Value Extended ESG Focus Index - Benchmark TR Gross, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. Both are passively managed. Over the past 3 years, EVUS returned 15.70%/yr vs 15.48%/yr for HDV. A 0.73 correlation means they provide meaningful diversification when combined. EVUS charges 0.18%/yr vs 0.08%/yr for HDV.
Performance
EVUS vs. HDV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EVUS achieves a 9.83% return, which is significantly lower than HDV's 14.07% return.
EVUS
- 1D
- -0.18%
- 1M
- 0.26%
- YTD
- 9.83%
- 6M
- 9.18%
- 1Y
- 20.48%
- 3Y*
- 15.70%
- 5Y*
- —
- 10Y*
- —
HDV
- 1D
- 1.33%
- 1M
- -1.35%
- YTD
- 14.07%
- 6M
- 14.08%
- 1Y
- 21.06%
- 3Y*
- 15.48%
- 5Y*
- 11.09%
- 10Y*
- 9.45%
EVUS vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EVUS Ishares ESG Aware MSCI USA Value ETF | 9.83% | 13.31% | 14.23% | 3.68% |
HDV iShares Core High Dividend ETF | 14.07% | 11.90% | 14.16% | 0.80% |
Correlation
The correlation between EVUS and HDV is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023 | 0.73 |
Over the past year, the correlation between EVUS and HDV has dropped to 0.47 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EVUS vs. HDV — Risk / Return Rank
EVUS
HDV
EVUS vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares ESG Aware MSCI USA Value ETF (EVUS) and iShares Core High Dividend ETF (HDV). 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.
| EVUS | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.36 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 4.09 | -1.42 |
| Martin ratioReturn relative to average drawdown | 11.13 | 11.19 | -0.05 |
Loading charts...
Drawdowns
EVUS vs. HDV - Drawdown Comparison
The maximum EVUS drawdown since its inception was -15.65%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for EVUS and HDV.
Loading charts...
Drawdown Indicators
| EVUS | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.65% | -37.04% | +21.39% |
Max Drawdown (1Y)Largest decline over 1 year | -7.72% | -5.18% | -2.54% |
Max Drawdown (3Y)Largest decline over 3 years | -15.65% | -10.49% | -5.16% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -1.15% | -1.35% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -2.75% | -3.08% | +0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 1.89% | -0.05% |
Volatility
EVUS vs. HDV - Volatility Comparison
The current volatility for Ishares ESG Aware MSCI USA Value ETF (EVUS) is 3.27%, while iShares Core High Dividend ETF (HDV) has a volatility of 3.64%. This indicates that EVUS experiences smaller price fluctuations and is considered to be less risky than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EVUS | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 3.64% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 8.22% | 7.61% | +0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.69% | 9.93% | +0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.72% | 12.81% | -0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.72% | 15.73% | -3.01% |
EVUS vs. HDV - Expense Ratio Comparison
EVUS has a 0.18% expense ratio, which is higher than HDV's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EVUS vs. HDV - Dividend Comparison
EVUS's dividend yield for the trailing twelve months is around 1.53%, less than HDV's 2.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVUS Ishares ESG Aware MSCI USA Value ETF | 1.53% | 1.62% | 1.99% | 2.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HDV iShares Core High Dividend ETF | 2.90% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
Frequently Asked Questions
EVUS and HDV have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HDV has higher volatility (3.64%) compared to EVUS (3.27%). In terms of maximum drawdown, EVUS dropped -15.65% vs HDV's -37.04%.
On 3-year performance, EVUS leads with 15.70% vs 15.48% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, EVUS has been the lower-risk option at 3.27%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EVUS has performed better with a 15.70% return vs 15.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HDV is cheaper with a 0.08% expense ratio, compared with 0.18% for EVUS.
HDV has the higher dividend yield at 2.90%, compared with 1.53% for EVUS.
EVUS is categorized as Large Cap Value Equities, while HDV is Dividend. EVUS tracks MSCI USA Value Extended ESG Focus Index - Benchmark TR Gross, while HDV tracks Morningstar Dividend Yield Focus Index. Their fees differ too: 0.18% for EVUS and 0.08% for HDV.
HDV currently has the higher Sharpe Ratio (2.13 vs 1.93), 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.
Find the right allocation for EVUS and HDV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer