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HOVLX vs. DGRO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

HOVLX vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Homestead Funds Value Fund (HOVLX) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.50%
9.52%
HOVLX
DGRO

Returns By Period

In the year-to-date period, HOVLX achieves a 17.78% return, which is significantly lower than DGRO's 19.06% return. Over the past 10 years, HOVLX has underperformed DGRO with an annualized return of 10.50%, while DGRO has yielded a comparatively higher 11.72% annualized return.


HOVLX

YTD

17.78%

1M

0.37%

6M

6.10%

1Y

25.43%

5Y (annualized)

12.09%

10Y (annualized)

10.50%

DGRO

YTD

19.06%

1M

-1.39%

6M

9.13%

1Y

26.29%

5Y (annualized)

11.80%

10Y (annualized)

11.72%

Key characteristics


HOVLXDGRO
Sharpe Ratio2.412.80
Sortino Ratio3.413.95
Omega Ratio1.441.51
Calmar Ratio3.725.27
Martin Ratio13.3418.41
Ulcer Index1.95%1.45%
Daily Std Dev10.77%9.56%
Max Drawdown-57.48%-35.10%
Current Drawdown-1.50%-1.85%

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HOVLX vs. DGRO - Expense Ratio Comparison

HOVLX has a 0.63% expense ratio, which is higher than DGRO's 0.08% expense ratio.


HOVLX
Homestead Funds Value Fund
Expense ratio chart for HOVLX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
Expense ratio chart for DGRO: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Correlation

-0.50.00.51.00.9

The correlation between HOVLX and DGRO is 0.94, 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.

Risk-Adjusted Performance

HOVLX vs. DGRO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Homestead Funds Value Fund (HOVLX) and iShares Core Dividend Growth ETF (DGRO). 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 HOVLX, currently valued at 2.41, compared to the broader market0.002.004.002.412.80
The chart of Sortino ratio for HOVLX, currently valued at 3.41, compared to the broader market0.005.0010.003.413.95
The chart of Omega ratio for HOVLX, currently valued at 1.44, compared to the broader market1.002.003.004.001.441.51
The chart of Calmar ratio for HOVLX, currently valued at 3.72, compared to the broader market0.005.0010.0015.0020.0025.003.725.27
The chart of Martin ratio for HOVLX, currently valued at 13.34, compared to the broader market0.0020.0040.0060.0080.00100.0013.3418.41
HOVLX
DGRO

The current HOVLX Sharpe Ratio is 2.41, which is comparable to the DGRO Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of HOVLX and DGRO, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.41
2.80
HOVLX
DGRO

Dividends

HOVLX vs. DGRO - Dividend Comparison

HOVLX's dividend yield for the trailing twelve months is around 1.23%, less than DGRO's 2.19% yield.


TTM20232022202120202019201820172016201520142013
HOVLX
Homestead Funds Value Fund
1.23%1.49%1.48%1.19%1.39%1.60%1.94%1.80%2.31%2.02%1.54%1.67%
DGRO
iShares Core Dividend Growth ETF
2.19%2.45%2.34%1.93%2.30%2.21%2.44%2.03%2.27%2.52%0.97%0.00%

Drawdowns

HOVLX vs. DGRO - Drawdown Comparison

The maximum HOVLX drawdown since its inception was -57.48%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for HOVLX and DGRO. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.50%
-1.85%
HOVLX
DGRO

Volatility

HOVLX vs. DGRO - Volatility Comparison

Homestead Funds Value Fund (HOVLX) and iShares Core Dividend Growth ETF (DGRO) have volatilities of 3.33% and 3.22%, 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.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.33%
3.22%
HOVLX
DGRO