GMOV vs. DIVB
GMOV (GMO U.S. Value ETF) and DIVB (iShares Core Dividend ETF) are both exchange-traded funds - GMOV is a Large Cap Value Equities fund actively managed by GMO, while DIVB is a Dividend fund tracking the Morningstar US Dividend and Buyback Index. GMOV is actively managed, while DIVB is passively managed. Over the past year, GMOV returned 29.33% vs 36.31% for DIVB. Their correlation of 0.93 means they have usually moved in the same direction. GMOV charges 0.50%/yr vs 0.05%/yr for DIVB.
Performance
GMOV vs. DIVB - Performance Comparison
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Returns By Period
In the year-to-date period, GMOV achieves a 15.84% return, which is significantly lower than DIVB's 25.34% return.
GMOV
- 1D
- 0.28%
- 1M
- 3.71%
- 6M
- 11.53%
- YTD
- 15.84%
- 1Y
- 29.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.57%
DIVB
- 1D
- 0.26%
- 1M
- 3.88%
- 6M
- 20.82%
- YTD
- 25.34%
- 1Y
- 36.31%
- 3Y*
- 21.50%
- 5Y*
- 13.37%
- 10Y*
- —
- ALL TIME*
- 14.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $13.36M | $10.66M | $7.75M | |
| $352.06K | $684.01K | $514.91K |
GMOV vs. DIVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GMOV GMO U.S. Value ETF | 15.84% | 14.81% | -1.63% |
DIVB iShares Core Dividend ETF | 25.34% | 15.09% | -2.22% |
Correlation
The correlation between GMOV and DIVB is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024 | 0.93 |
The correlation between GMOV and DIVB has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.
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Return for Risk
GMOV vs. DIVB — Risk / Return Rank
GMOV
DIVB
GMOV vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Value ETF (GMOV) and iShares Core Dividend ETF (DIVB). 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.
| GMOV | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.51 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.68 | 5.11 | -0.43 |
| Martin ratioReturn relative to average drawdown | 16.15 | 17.69 | -1.54 |
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Drawdowns
GMOV vs. DIVB - Drawdown Comparison
The maximum GMOV drawdown since its inception was -16.71%, smaller than the maximum DIVB drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for GMOV and DIVB.
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Drawdown Indicators
| GMOV | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.71% | -36.93% | +20.22% |
Max Drawdown (1Y)Largest decline over 1 year | -6.08% | -6.82% | +0.74% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.45% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.08% | — |
Current DrawdownCurrent decline from peak | -0.64% | -1.26% | +0.62% |
Average DrawdownAverage peak-to-trough decline | -2.65% | -4.92% | +2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | 1.97% | -0.21% |
Volatility
GMOV vs. DIVB - Volatility Comparison
The current volatility for GMO U.S. Value ETF (GMOV) is 3.18%, while iShares Core Dividend ETF (DIVB) has a volatility of 5.32%. This indicates that GMOV experiences smaller price fluctuations and is considered to be less risky than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMOV | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 5.32% | -2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.53% | 9.83% | -2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.88% | 12.54% | -1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.65% | 15.38% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.65% | 18.35% | -3.70% |
GMOV vs. DIVB - Expense Ratio Comparison
GMOV has a 0.50% expense ratio, which is higher than DIVB's 0.05% expense ratio.
Dividends
GMOV vs. DIVB - Dividend Comparison
GMOV's dividend yield for the trailing twelve months is around 1.87%, less than DIVB's 2.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares Core Dividend ETF | 2.12% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% |
GMOV GMO U.S. Value ETF | 1.87% | 1.98% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, GMOV and DIVB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
DIVB has higher volatility (5.32%) compared to GMOV (3.18%). In terms of maximum drawdown, GMOV dropped -16.71% vs DIVB's -36.93%.
On 1-year performance, DIVB leads with 36.31% vs 29.33% for GMOV. On fees, DIVB is cheaper at 0.05% per year. On volatility, GMOV has been the lower-risk option at 3.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DIVB has performed better with a 36.31% return vs 29.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIVB is cheaper with a 0.05% expense ratio, compared with 0.50% for GMOV.
DIVB has the higher dividend yield at 2.12%, compared with 1.87% for GMOV.
GMOV is categorized as Large Cap Value Equities, while DIVB is Dividend. They also come from different issuers: GMO and iShares. Their fees differ too: 0.50% for GMOV and 0.05% for DIVB.
DIVB currently has the higher Sharpe Ratio (2.80 vs 2.63), 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.
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