HIDV vs. UDIV
Compare and contrast key facts about AB US High Dividend ETF (HIDV) and Franklin U.S. Core Dividend Tilt Index ETF (UDIV).
HIDV and UDIV 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. UDIV is a passively managed fund by Franklin Templeton that tracks the performance of the Linked Morningstar US Dividend Enhanced Select Index. It was launched on Jun 1, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HIDV or UDIV.
Correlation
The correlation between HIDV and UDIV is 0.96, 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
HIDV vs. UDIV - Performance Comparison
Key characteristics
HIDV:
2.08
UDIV:
2.06
HIDV:
2.77
UDIV:
2.75
HIDV:
1.39
UDIV:
1.37
HIDV:
3.38
UDIV:
3.13
HIDV:
12.92
UDIV:
12.99
HIDV:
1.92%
UDIV:
1.97%
HIDV:
11.98%
UDIV:
12.45%
HIDV:
-10.01%
UDIV:
-35.21%
HIDV:
-1.60%
UDIV:
-1.56%
Returns By Period
In the year-to-date period, HIDV achieves a 2.05% return, which is significantly lower than UDIV's 3.47% return.
HIDV
2.05%
-0.66%
5.60%
22.42%
N/A
N/A
UDIV
3.47%
-0.15%
8.63%
22.86%
12.03%
N/A
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HIDV vs. UDIV - Expense Ratio Comparison
HIDV has a 0.45% expense ratio, which is higher than UDIV's 0.06% expense ratio.
Risk-Adjusted Performance
HIDV vs. UDIV — Risk-Adjusted Performance Rank
HIDV
UDIV
HIDV vs. UDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US High Dividend ETF (HIDV) and Franklin U.S. Core Dividend Tilt Index ETF (UDIV). 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. UDIV - Dividend Comparison
HIDV's dividend yield for the trailing twelve months is around 2.25%, more than UDIV's 1.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
HIDV AB US High Dividend ETF | 2.25% | 2.30% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UDIV Franklin U.S. Core Dividend Tilt Index ETF | 1.98% | 2.05% | 1.91% | 3.21% | 2.97% | 2.90% | 3.39% | 3.74% | 3.47% | 1.62% |
Drawdowns
HIDV vs. UDIV - Drawdown Comparison
The maximum HIDV drawdown since its inception was -10.01%, smaller than the maximum UDIV drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for HIDV and UDIV. For additional features, visit the drawdowns tool.
Volatility
HIDV vs. UDIV - Volatility Comparison
AB US High Dividend ETF (HIDV) and Franklin U.S. Core Dividend Tilt Index ETF (UDIV) have volatilities of 3.16% and 3.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.