FOVL vs. SYLD

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Focused Value Factor ETF (FOVL) and Cambria Shareholder Yield ETF (SYLD).

FOVL and SYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FOVL is a passively managed fund by iShares that tracks the performance of the MSCI USA IMI Focused Value Factor Index. It was launched on Mar 19, 2019. SYLD is an actively managed fund by Cambria. It was launched on May 14, 2013.

Performance

FOVL vs. SYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Focused Value Factor ETF (FOVL) and Cambria Shareholder Yield ETF (SYLD). The values are adjusted to include any dividend payments, if applicable.

FOVL vs. SYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FOVL iShares Focused Value Factor ETF	0.00%	6.43%	22.87%	17.72%	-9.39%	40.14%	-13.20%	6.22%
SYLD Cambria Shareholder Yield ETF	9.10%	3.94%	3.37%	16.46%	-6.14%	48.59%	13.61%	13.01%

Returns By Period

FOVL

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SYLD

• 1D: 1.44%
• 1M: -0.36%
• YTD: 9.10%
• 6M: 10.78%
• 1Y: 20.74%
• 3Y*: 10.94%
• 5Y*: 6.86%
• 10Y*: 12.45%

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

FOVL vs. SYLD - Expense Ratio Comparison

FOVL has a 0.25% expense ratio, which is lower than SYLD's 0.59% expense ratio.

SYLD

Cambria Shareholder Yield ETF

FOVL

iShares Focused Value Factor ETF

Return for Risk

FOVL vs. SYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SYLD

SYLD Risk / Return Rank: 58
SYLD Sharpe Ratio Rank: 57
SYLD Sortino Ratio Rank: 61
SYLD Omega Ratio Rank: 56
SYLD Calmar Ratio Rank: 59
SYLD Martin Ratio Rank: 59

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.

FOVL vs. SYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Focused Value Factor ETF (FOVL) and Cambria Shareholder Yield ETF (SYLD). 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.

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

Sharpe Ratios by Period

	FOVL	SYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.97	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.33	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.56	—

Correlation

The correlation between FOVL and SYLD is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FOVL vs. SYLD - Dividend Comparison

FOVL's dividend yield for the trailing twelve months is around 0.55%, less than SYLD's 1.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FOVL iShares Focused Value Factor ETF	0.55%	1.36%	2.08%	2.59%	3.38%	2.80%	2.88%	2.09%	0.00%	0.00%	0.00%	0.00%
SYLD Cambria Shareholder Yield ETF	1.94%	2.25%	2.04%	1.92%	2.20%	2.37%	1.99%	2.08%	2.52%	1.57%	1.92%	6.93%

Drawdowns

Drawdown Indicators

	FOVL	SYLD	Difference
Max Drawdown Largest peak-to-trough decline	—	-45.36%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.36%	—
Current Drawdown Current decline from peak	—	-3.17%	—
Average Drawdown Average peak-to-trough decline	—	-5.72%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.83%	—

Volatility

Volatility by Period

	FOVL	SYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.53%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	20.91%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.97%	—