PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FDD vs. GVAL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FDD vs. GVAL

Last updated Jun 13, 2026

FDD (First Trust STOXX European Select Dividend Index Fund) and GVAL (Cambria Global Value ETF) are both exchange-traded funds - FDD is a Europe Equities fund tracking the STOXX Europe Select Dividend 30, while GVAL is a Global Equities fund actively managed by Cambria. FDD is passively managed, while GVAL is actively managed. Over the past 10 years, FDD returned 10.93%/yr vs 11.46%/yr for GVAL. A 0.77 correlation means they provide meaningful diversification when combined. FDD charges 0.58%/yr vs 0.64%/yr for GVAL.

Performance

FDD vs. GVAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust STOXX European Select Dividend Index Fund (FDD) and Cambria Global Value ETF (GVAL). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, FDD achieves a 13.65% return, which is significantly lower than GVAL's 16.63% return. Both investments have delivered pretty close results over the past 10 years, with FDD having a 10.93% annualized return and GVAL not far ahead at 11.46%.

FDD

1D
0.81%
1M
1.80%
YTD
13.65%
6M
17.76%
1Y
33.97%
3Y*
26.21%
5Y*
11.32%
10Y*
10.93%

GVAL

1D
1.47%
1M
3.88%
YTD
16.63%
6M
18.08%
1Y
40.92%
3Y*
26.84%
5Y*
13.64%
10Y*
11.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FDD vs. GVAL - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FDD
First Trust STOXX European Select Dividend Index Fund		13.65%62.50%0.28%14.16%-16.14%16.03%-3.80%23.79%-8.98%19.07%
GVAL
Cambria Global Value ETF		16.63%55.87%2.59%13.30%-7.98%10.70%-8.51%17.24%-14.30%29.50%

Correlation

The correlation between FDD and GVAL is 0.77, 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

0.77

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

0.77

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

0.79

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

0.77

Correlation (All Time)
Calculated using the full available price history since Mar 12, 2014

0.77

The correlation between FDD and GVAL has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.

FDD vs. GVAL - Sectors Allocation Comparison

Sectors
FDD
GVAL

Financial Services

52.2%
16.5%

Industrials

12.5%
3.6%

Consumer Cyclical

12.3%
2.6%

Energy

10.8%
7.7%

Utilities

6.0%
4.0%

Consumer Defensive

3.7%
1.9%

Real Estate

3.5%
6.9%

Basic Materials

2.9%
8.3%

Communication Services

2.1%
4.6%

Healthcare

-

-

Technology

-

6.5%

Financial Services

FDD
52.2%
GVAL
16.5%

Industrials

FDD
12.5%
GVAL
3.6%

Consumer Cyclical

FDD
12.3%
GVAL
2.6%

Energy

FDD
10.8%
GVAL
7.7%

Utilities

FDD
6.0%
GVAL
4.0%

Consumer Defensive

FDD
3.7%
GVAL
1.9%

Real Estate

FDD
3.5%
GVAL
6.9%

Basic Materials

FDD
2.9%
GVAL
8.3%

Communication Services

FDD
2.1%
GVAL
4.6%

Healthcare

FDD

-

GVAL

-

Technology

FDD

-

GVAL
6.5%

Compare stocks, funds, or ETFs

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

First Trust STOXX European Select Dividend Index Fund

Cambria Global Value ETF

Often compared with FDD:
FDD vs. EUFNFDD vs. FLAXFDD vs. VTIFDD vs. RFEUFDD vs. IQDFFDD vs. DVYFDD vs. IEUR
Often compared with GVAL:
GVAL vs. EYLDGVAL vs. AUSFGVAL vs. SPMOGVAL vs. DFIVGVAL vs. VOOGVAL vs. AVESGVAL vs. VUG

Return for Risk

FDD vs. GVAL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FDD
FDD Risk / Return Rank: 7575
Overall Rank
FDD Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
FDD Sortino Ratio Rank: 7575
Sortino Ratio Rank
FDD Omega Ratio Rank: 7171
Omega Ratio Rank
FDD Calmar Ratio Rank: 7979
Calmar Ratio Rank
FDD Martin Ratio Rank: 7373
Martin Ratio Rank
GVAL
GVAL Risk / Return Rank: 8484
Overall Rank
GVAL Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
GVAL Sortino Ratio Rank: 8888
Sortino Ratio Rank
GVAL Omega Ratio Rank: 8787
Omega Ratio Rank
GVAL Calmar Ratio Rank: 7777
Calmar Ratio Rank
GVAL Martin Ratio Rank: 7979
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.

FDD vs. GVAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust STOXX European Select Dividend Index Fund (FDD) and Cambria Global Value ETF (GVAL). 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.

FDDGVALDifference
Sharpe ratioReturn per unit of total volatility
2.11
2.64

-0.52

Sortino ratioReturn per unit of downside risk
2.91
3.50

-0.59

Omega ratioGain probability vs. loss probability

1.36

1.47

-0.11

Calmar ratioReturn relative to maximum drawdown

3.58

3.48

+0.10

Martin ratioReturn relative to average drawdown

11.88

13.27

-1.39

FDD vs. GVAL - Sharpe Ratio Comparison

The current FDD Sharpe Ratio is 2.11, which is comparable to the GVAL Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of FDD and GVAL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

FDD vs. GVAL - Drawdown Comparison

The maximum FDD drawdown since its inception was -74.77%, which is greater than GVAL's maximum drawdown of -46.82%. Use the drawdown chart below to compare losses from any high point for FDD and GVAL.

Loading charts...

Drawdown Indicators

FDDGVALDifference

Max Drawdown

Largest peak-to-trough decline

-74.77%

-46.82%

-27.95%

Max Drawdown (1Y)

Largest decline over 1 year

-9.39%

-11.50%

+2.11%

Max Drawdown (3Y)

Largest decline over 3 years

-13.06%

-15.72%

+2.66%

Max Drawdown (5Y)

Largest decline over 5 years

-35.11%

-30.83%

-4.28%

Max Drawdown (10Y)

Largest decline over 10 years

-41.43%

-46.82%

+5.39%

Current Drawdown

Current decline from peak

-0.40%

0.00%

-0.40%

Average Drawdown

Average peak-to-trough decline

-35.41%

-13.85%

-21.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.83%

3.02%

-0.19%

Volatility

FDD vs. GVAL - Volatility Comparison

First Trust STOXX European Select Dividend Index Fund (FDD) and Cambria Global Value ETF (GVAL) have volatilities of 5.91% and 6.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FDDGVALDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.91%

6.00%

-0.09%

Volatility (6M)

Calculated over the trailing 6-month period

12.98%

13.40%

-0.42%

Volatility (1Y)

Calculated over the trailing 1-year period

15.93%

15.18%

+0.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.48%

18.56%

-0.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.16%

19.20%

+0.96%

FDD vs. GVAL - Expense Ratio Comparison

FDD has a 0.58% expense ratio, which is lower than GVAL's 0.64% expense ratio.

Dividends

FDD vs. GVAL - Dividend Comparison

FDD's dividend yield for the trailing twelve months is around 3.48%, more than GVAL's 2.77% yield.

PositionTTM20252024202320222021202020192018201720162015
FDD
First Trust STOXX European Select Dividend Index Fund		3.48%3.99%7.65%6.85%6.07%3.44%4.01%4.69%5.05%2.78%4.88%4.35%
GVAL
Cambria Global Value ETF		2.77%2.93%4.75%6.12%5.05%2.97%1.90%2.84%4.65%2.00%2.54%2.11%

Frequently Asked Questions

FDD and GVAL have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GVAL has higher volatility (6.00%) compared to FDD (5.91%). In terms of maximum drawdown, FDD dropped -74.77% vs GVAL's -46.82%.

On 10-year performance, GVAL leads with 11.46% vs 10.93% for FDD. On fees, FDD is cheaper at 0.58% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, GVAL has performed better with a 11.46% return vs 10.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FDD is cheaper with a 0.58% expense ratio, compared with 0.64% for GVAL.

FDD has the higher dividend yield at 3.48%, compared with 2.77% for GVAL.

FDD is categorized as Europe Equities, while GVAL is Global Equities. They also come from different issuers: First Trust and Cambria. Their fees differ too: 0.58% for FDD and 0.64% for GVAL.

GVAL currently has the higher Sharpe Ratio (2.64 vs 2.11), 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.

Portfolio Optimizer

Find the right allocation for FDD and GVAL

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