HIDV vs. SMDV
Compare and contrast key facts about AB US High Dividend ETF (HIDV) and ProShares Russell 2000 Dividend Growers ETF (SMDV).
HIDV and SMDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIDV is an actively managed fund by AB Funds. It was launched on Mar 21, 2023. SMDV is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Dividend Growth Index. It was launched on Feb 5, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HIDV or SMDV.
Correlation
The correlation between HIDV and SMDV is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HIDV vs. SMDV - Performance Comparison
Key characteristics
HIDV:
2.18
SMDV:
0.76
HIDV:
2.90
SMDV:
1.25
HIDV:
1.41
SMDV:
1.15
HIDV:
3.52
SMDV:
1.02
HIDV:
13.48
SMDV:
2.81
HIDV:
1.92%
SMDV:
5.17%
HIDV:
11.89%
SMDV:
19.19%
HIDV:
-10.01%
SMDV:
-34.12%
HIDV:
-0.20%
SMDV:
-7.78%
Returns By Period
In the year-to-date period, HIDV achieves a 3.50% return, which is significantly higher than SMDV's 2.60% return.
HIDV
3.50%
0.93%
8.88%
26.27%
N/A
N/A
SMDV
2.60%
0.33%
4.35%
15.67%
5.20%
8.19%
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HIDV vs. SMDV - Expense Ratio Comparison
HIDV has a 0.45% expense ratio, which is higher than SMDV's 0.40% expense ratio.
Risk-Adjusted Performance
HIDV vs. SMDV — Risk-Adjusted Performance Rank
HIDV
SMDV
HIDV vs. SMDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US High Dividend ETF (HIDV) and ProShares Russell 2000 Dividend Growers ETF (SMDV). 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
HIDV vs. SMDV - Dividend Comparison
HIDV's dividend yield for the trailing twelve months is around 2.22%, less than SMDV's 2.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HIDV AB US High Dividend ETF | 2.22% | 2.30% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMDV ProShares Russell 2000 Dividend Growers ETF | 2.61% | 2.68% | 2.69% | 2.51% | 2.03% | 2.12% | 2.03% | 1.97% | 1.84% | 1.08% | 1.47% |
Drawdowns
HIDV vs. SMDV - Drawdown Comparison
The maximum HIDV drawdown since its inception was -10.01%, smaller than the maximum SMDV drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for HIDV and SMDV. For additional features, visit the drawdowns tool.
Volatility
HIDV vs. SMDV - Volatility Comparison
The current volatility for AB US High Dividend ETF (HIDV) is 2.81%, while ProShares Russell 2000 Dividend Growers ETF (SMDV) has a volatility of 4.22%. This indicates that HIDV experiences smaller price fluctuations and is considered to be less risky than SMDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.