EZMO vs. DVLU
EZMO (AlphaDroid Broad Markets Momentum ETF) and DVLU (First Trust Dorsey Wright Momentum & Value ETF) are both Momentum funds. EZMO is actively managed, while DVLU is passively managed. A 0.50 correlation means they provide meaningful diversification when combined. EZMO charges 0.94%/yr vs 0.60%/yr for DVLU.
Performance
EZMO vs. DVLU - Performance Comparison
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Returns By Period
In the year-to-date period, EZMO achieves a -2.84% return, which is significantly lower than DVLU's 13.98% return.
EZMO
- 1D
- -1.18%
- 1M
- -2.21%
- 6M
- -5.47%
- YTD
- -2.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DVLU
- 1D
- -0.10%
- 1M
- 3.52%
- 6M
- 10.71%
- YTD
- 13.98%
- 1Y
- 36.14%
- 3Y*
- 19.90%
- 5Y*
- 13.85%
- 10Y*
- —
EZMO vs. DVLU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EZMO AlphaDroid Broad Markets Momentum ETF | -2.84% | 4.05% |
DVLU First Trust Dorsey Wright Momentum & Value ETF | 13.98% | 5.38% |
Correlation
The correlation between EZMO and DVLU is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025 | 0.50 |
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Return for Risk
EZMO vs. DVLU — Risk / Return Rank
EZMO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DVLU
EZMO vs. DVLU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaDroid Broad Markets Momentum ETF (EZMO) and First Trust Dorsey Wright Momentum & Value ETF (DVLU). 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.
| EZMO | DVLU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.97 | — |
| Martin ratioReturn relative to average drawdown | — | 10.81 | — |
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Drawdowns
EZMO vs. DVLU - Drawdown Comparison
The maximum EZMO drawdown since its inception was -12.82%, smaller than the maximum DVLU drawdown of -53.26%. Use the drawdown chart below to compare losses from any high point for EZMO and DVLU.
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Drawdown Indicators
| EZMO | DVLU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.82% | -53.26% | +40.44% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.24% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.86% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.86% | — |
Current DrawdownCurrent decline from peak | -11.96% | -0.10% | -11.86% |
Average DrawdownAverage peak-to-trough decline | -5.16% | -8.65% | +3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.35% | — |
Volatility
EZMO vs. DVLU - Volatility Comparison
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Volatility by Period
| EZMO | DVLU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.92% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.95% | 16.13% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.95% | 21.21% | -4.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.95% | 25.63% | -8.68% |
EZMO vs. DVLU - Expense Ratio Comparison
EZMO has a 0.94% expense ratio, which is higher than DVLU's 0.60% expense ratio.
Dividends
EZMO vs. DVLU - Dividend Comparison
EZMO has not paid dividends to shareholders, while DVLU's dividend yield for the trailing twelve months is around 0.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | 0.67% | 0.73% | 1.06% | 1.34% | 2.18% | 1.33% | 1.34% | 1.71% | 0.58% |
EZMO AlphaDroid Broad Markets Momentum ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EZMO and DVLU have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DVLU is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DVLU is cheaper with a 0.60% expense ratio, compared with 0.94% for EZMO.
DVLU has the higher dividend yield at 0.67%, compared with 0.00% for EZMO.
They also come from different issuers: AlphaDroid and First Trust. Their fees differ too: 0.94% for EZMO and 0.60% for DVLU.
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