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FVD vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FVD and SPY is 0.82, 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.


-0.50.00.51.00.8

Performance

FVD vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Value Line Dividend Index (FVD) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

500.00%550.00%600.00%650.00%700.00%750.00%800.00%850.00%JulyAugustSeptemberOctoberNovemberDecember
571.16%
781.12%
FVD
SPY

Key characteristics

Sharpe Ratio

FVD:

1.26

SPY:

2.21

Sortino Ratio

FVD:

1.78

SPY:

2.93

Omega Ratio

FVD:

1.23

SPY:

1.41

Calmar Ratio

FVD:

1.91

SPY:

3.26

Martin Ratio

FVD:

6.47

SPY:

14.43

Ulcer Index

FVD:

1.92%

SPY:

1.90%

Daily Std Dev

FVD:

9.90%

SPY:

12.41%

Max Drawdown

FVD:

-50.99%

SPY:

-55.19%

Current Drawdown

FVD:

-5.85%

SPY:

-2.74%

Returns By Period

In the year-to-date period, FVD achieves a 10.20% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, FVD has underperformed SPY with an annualized return of 8.47%, while SPY has yielded a comparatively higher 12.97% annualized return.


FVD

YTD

10.20%

1M

-3.20%

6M

7.94%

1Y

11.55%

5Y*

6.34%

10Y*

8.47%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

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


FVD vs. SPY - Expense Ratio Comparison

FVD has a 0.70% expense ratio, which is higher than SPY's 0.09% expense ratio.


FVD
First Trust Value Line Dividend Index
Expense ratio chart for FVD: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

FVD vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Value Line Dividend Index (FVD) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for FVD, currently valued at 1.26, compared to the broader market0.002.004.001.262.21
The chart of Sortino ratio for FVD, currently valued at 1.78, compared to the broader market-2.000.002.004.006.008.0010.001.782.93
The chart of Omega ratio for FVD, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.41
The chart of Calmar ratio for FVD, currently valued at 1.91, compared to the broader market0.005.0010.0015.001.913.26
The chart of Martin ratio for FVD, currently valued at 6.47, compared to the broader market0.0020.0040.0060.0080.00100.006.4714.43
FVD
SPY

The current FVD Sharpe Ratio is 1.26, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of FVD and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.26
2.21
FVD
SPY

Dividends

FVD vs. SPY - Dividend Comparison

FVD's dividend yield for the trailing twelve months is around 2.89%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
FVD
First Trust Value Line Dividend Index
2.22%2.34%2.20%1.75%2.31%2.03%2.50%2.10%2.04%2.35%2.46%2.28%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

FVD vs. SPY - Drawdown Comparison

The maximum FVD drawdown since its inception was -50.99%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FVD and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.85%
-2.74%
FVD
SPY

Volatility

FVD vs. SPY - Volatility Comparison

The current volatility for First Trust Value Line Dividend Index (FVD) is 3.36%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that FVD experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.36%
3.72%
FVD
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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