FTCS vs. DVY

Last updated Aug 2, 2026

FTCS (First Trust Capital Strength ETF) and DVY (iShares Select Dividend ETF) are both exchange-traded funds - FTCS is a Large Cap Blend Equities fund tracking the The Capital Strength Index, while DVY is a Large Cap Value Equities fund tracking the Dow Jones U.S. Select Dividend Index. Both are passively managed. Over the past 10 years, FTCS returned 10.69%/yr vs 10.33%/yr for DVY. Their 0.77 correlation means they have sometimes moved together and sometimes differently. FTCS charges 0.53%/yr vs 0.39%/yr for DVY.

Performance

FTCS vs. DVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Capital Strength ETF (FTCS) and iShares Select Dividend ETF (DVY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTCS achieves a 7.43% return, which is significantly lower than DVY's 16.01% return. Both investments have delivered pretty close results over the past 10 years, with FTCS having a 10.69% annualized return and DVY not far behind at 10.33%.

FTCS

• 1D: -0.51%
• 1M: 1.68%
• 6M: 2.72%
• YTD: 7.43%
• 1Y: 10.38%
• 3Y*: 10.35%
• 5Y*: 6.18%
• 10Y*: 10.69%
• ALL TIME*: 9.89%

DVY

• 1D: -0.44%
• 1M: 1.34%
• 6M: 8.82%
• YTD: 16.01%
• 1Y: 24.73%
• 3Y*: 15.50%
• 5Y*: 10.78%
• 10Y*: 10.33%
• ALL TIME*: 9.03%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DVY iShares Select Dividend ETF	$92.12M	$74.14M	$70.08M
FTCS First Trust Capital Strength ETF	$55.85M	$52.96M	$62.83M

FTCS vs. DVY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTCS First Trust Capital Strength ETF	7.43%	6.46%	11.19%	8.48%	-10.22%	26.75%	13.05%	26.71%	-4.22%	26.57%
DVY iShares Select Dividend ETF	16.01%	11.60%	16.24%	1.12%	1.80%	31.70%	-4.91%	22.62%	-6.36%	14.82%

Correlation

The correlation between FTCS and DVY is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.77
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (10Y) Provides a long-term view across more market conditions.	0.75
Correlation (All Time) Calculated using the full available price history since Jul 11, 2006	0.77

The correlation between FTCS and DVY has been stable across timeframes, ranging from 0.72 to 0.79 - a consistent structural relationship.

FTCS vs. DVY - Sectors Allocation Comparison

Sectors	FTCS	DVY
Financial Services	20.5%	26.1%
Industrials	19.5%	2.1%
Healthcare	18.7%	5.2%
Consumer Defensive	14.3%	13.5%
Technology	13.0%	3.7%
Consumer Cyclical	7.8%	10.1%
Basic Materials	2.1%	1.8%
Communication Services	2.1%	5.2%
Energy	2.0%	8.2%
Real Estate	-	-
Utilities	-	24.2%

Return for Risk

FTCS vs. DVY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FTCS

FTCS Risk / Return Rank: 37
FTCS Sharpe Ratio Rank: 39
FTCS Sortino Ratio Rank: 41
FTCS Omega Ratio Rank: 35
FTCS Calmar Ratio Rank: 38
FTCS Martin Ratio Rank: 31

DVY

DVY Risk / Return Rank: 87
DVY Sharpe Ratio Rank: 88
DVY Sortino Ratio Rank: 90
DVY Omega Ratio Rank: 84
DVY Calmar Ratio Rank: 87
DVY Martin Ratio Rank: 86

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FTCS vs. DVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Capital Strength ETF (FTCS) and iShares Select Dividend ETF (DVY). 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.

	FTCS	DVY	Difference
Sharpe ratio: Return per unit of total volatility	0.96	2.11	-1.16
Sortino ratio: Return per unit of downside risk	1.52	3.12	-1.60
Omega ratio: Gain probability vs. loss probability	1.17	1.36	-0.19
Calmar ratio: Return relative to maximum drawdown	1.30	3.45	-2.15
Martin ratio: Return relative to average drawdown	2.89	12.38	-9.49

FTCS vs. DVY - Sharpe Ratio Comparison

The current FTCS Sharpe Ratio is 0.96, which is lower than the DVY Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of FTCS and DVY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTCS vs. DVY - Drawdown Comparison

The maximum FTCS drawdown since its inception was -53.64%, smaller than the maximum DVY drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for FTCS and DVY.

Drawdown Indicators

	FTCS	DVY	Difference
Max Drawdown Largest peak-to-trough decline	-53.64%	-62.59%	+8.95%
Max Drawdown (1Y) Largest decline over 1 year	-7.74%	-6.89%	-0.85%
Max Drawdown (3Y) Largest decline over 3 years	-12.62%	-16.00%	+3.38%
Max Drawdown (5Y) Largest decline over 5 years	-20.93%	-17.54%	-3.39%
Max Drawdown (10Y) Largest decline over 10 years	-31.93%	-41.59%	+9.66%
Current Drawdown Current decline from peak	-1.64%	-2.55%	+0.91%
Average Drawdown Average peak-to-trough decline	-6.90%	-8.74%	+1.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	1.92%	+1.56%

Volatility

FTCS vs. DVY - Volatility Comparison

First Trust Capital Strength ETF (FTCS) has a higher volatility of 4.61% compared to iShares Select Dividend ETF (DVY) at 4.03%. This indicates that FTCS's price experiences larger fluctuations and is considered to be riskier than DVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTCS	DVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	4.03%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	8.17%	7.94%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	10.54%	11.27%	-0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.25%	15.12%	-1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.55%	18.02%	-2.47%

FTCS vs. DVY - Expense Ratio Comparison

FTCS has a 0.53% expense ratio, which is higher than DVY's 0.39% expense ratio.

Dividends

FTCS vs. DVY - Dividend Comparison

FTCS's dividend yield for the trailing twelve months is around 1.08%, less than DVY's 3.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVY iShares Select Dividend ETF	3.26%	3.65%	3.65%	3.82%	3.43%	3.12%	3.66%	3.41%	3.58%	3.00%	3.04%	3.45%
FTCS First Trust Capital Strength ETF	1.08%	1.04%	1.33%	1.47%	1.23%	1.06%	0.93%	1.26%	1.26%	1.15%	1.43%	1.50%

Frequently Asked Questions

Can I hold both FTCS and DVY in my portfolio?

FTCS and DVY have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTCS or DVY?

FTCS has higher volatility (4.61%) compared to DVY (4.03%). In terms of maximum drawdown, FTCS dropped -53.64% vs DVY's -62.59%.

Which ETF is better, FTCS or DVY?

On 10-year performance, FTCS leads with 10.69% vs 10.33% for DVY. On fees, DVY is cheaper at 0.39% per year. On volatility, DVY has been the lower-risk option at 4.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTCS or DVY?

Over the 10-year period, FTCS has performed better with a 10.69% return vs 10.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTCS or DVY?

DVY is cheaper with a 0.39% expense ratio, compared with 0.53% for FTCS.

Which ETF pays a higher dividend yield, FTCS or DVY?

DVY has the higher dividend yield at 3.26%, compared with 1.08% for FTCS.

What is the main difference between FTCS and DVY?

FTCS is categorized as Large Cap Blend Equities, while DVY is Large Cap Value Equities. FTCS tracks The Capital Strength Index, while DVY tracks Dow Jones U.S. Select Dividend Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.53% for FTCS and 0.39% for DVY.

Which has better risk-adjusted returns?

DVY currently has the higher Sharpe Ratio (2.11 vs 0.96), 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.