FOVL vs. SYLD
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 Focused Value Select Index. It was launched on Mar 19, 2019. SYLD is an actively managed fund by Cambria. It was launched on May 14, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOVL or SYLD.
Key characteristics
| FOVL | SYLD | |
|---|---|---|
| YTD Return | 7.08% | 5.06% |
| 1Y Return | 28.37% | 26.44% |
| 3Y Return (Ann) | 5.21% | 4.26% |
| 5Y Return (Ann) | 8.04% | 17.50% |
| Sharpe Ratio | 1.89 | 1.88 |
| Daily Std Dev | 16.68% | 15.50% |
| Max Drawdown | -49.46% | -45.36% |
| Current Drawdown | -1.68% | -3.81% |
Correlation
The correlation between FOVL and SYLD is 0.91, 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.
Performance
FOVL vs. SYLD - Performance Comparison
In the year-to-date period, FOVL achieves a 7.08% return, which is significantly higher than SYLD's 5.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FOVL vs. SYLD - Expense Ratio Comparison
FOVL has a 0.25% expense ratio, which is lower than SYLD's 0.59% expense ratio.
Risk-Adjusted Performance
FOVL vs. SYLD - Risk-Adjusted Performance 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.
Dividends
FOVL vs. SYLD - Dividend Comparison
FOVL's dividend yield for the trailing twelve months is around 2.30%, more than SYLD's 1.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOVL iShares Focused Value Factor ETF | 2.30% | 2.59% | 3.38% | 2.80% | 2.88% | 2.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SYLD Cambria Shareholder Yield ETF | 1.76% | 1.92% | 2.20% | 2.22% | 1.99% | 2.08% | 2.52% | 1.40% | 1.92% | 2.11% | 1.77% | 0.83% |
Drawdowns
FOVL vs. SYLD - Drawdown Comparison
The maximum FOVL drawdown since its inception was -49.46%, which is greater than SYLD's maximum drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for FOVL and SYLD. For additional features, visit the drawdowns tool.
Volatility
FOVL vs. SYLD - Volatility Comparison
The current volatility for iShares Focused Value Factor ETF (FOVL) is 3.30%, while Cambria Shareholder Yield ETF (SYLD) has a volatility of 3.75%. This indicates that FOVL experiences smaller price fluctuations and is considered to be less risky than SYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.