ILCV vs. DVY
Compare and contrast key facts about iShares Morningstar Value ETF (ILCV) and iShares Select Dividend ETF (DVY).
ILCV and DVY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ILCV is a passively managed fund by iShares that tracks the performance of the ILCV-US - Morningstar US Large-Mid Cap Broad Value Index. It was launched on Jun 28, 2004. DVY is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Dividend Index. It was launched on Nov 3, 2003. Both ILCV and DVY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ILCV or DVY.
Key characteristics
| ILCV | DVY | |
|---|---|---|
| YTD Return | 5.91% | 4.29% |
| 1Y Return | 21.35% | 12.75% |
| 3Y Return (Ann) | 7.51% | 3.94% |
| 5Y Return (Ann) | 9.43% | 7.65% |
| 10Y Return (Ann) | 9.05% | 8.79% |
| Sharpe Ratio | 1.94 | 0.80 |
| Daily Std Dev | 10.37% | 13.71% |
| Max Drawdown | -58.63% | -62.59% |
| Current Drawdown | -3.14% | -1.57% |
Correlation
The correlation between ILCV and DVY is 0.89, 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
ILCV vs. DVY - Performance Comparison
In the year-to-date period, ILCV achieves a 5.91% return, which is significantly higher than DVY's 4.29% return. Both investments have delivered pretty close results over the past 10 years, with ILCV having a 9.05% annualized return and DVY not far behind at 8.79%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ILCV vs. DVY - Expense Ratio Comparison
ILCV has a 0.04% expense ratio, which is lower than DVY's 0.39% expense ratio.
Risk-Adjusted Performance
ILCV vs. DVY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Value ETF (ILCV) and iShares Select Dividend ETF (DVY). 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
ILCV vs. DVY - Dividend Comparison
ILCV's dividend yield for the trailing twelve months is around 2.13%, less than DVY's 3.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILCV iShares Morningstar Value ETF | 2.13% | 2.27% | 2.32% | 2.01% | 2.96% | 2.70% | 2.93% | 2.32% | 2.76% | 3.01% | 2.44% | 2.51% |
DVY iShares Select Dividend ETF | 3.69% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% | 3.03% | 3.06% |
Drawdowns
ILCV vs. DVY - Drawdown Comparison
The maximum ILCV drawdown since its inception was -58.63%, smaller than the maximum DVY drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for ILCV and DVY. For additional features, visit the drawdowns tool.
Volatility
ILCV vs. DVY - Volatility Comparison
The current volatility for iShares Morningstar Value ETF (ILCV) is 3.22%, while iShares Select Dividend ETF (DVY) has a volatility of 4.11%. This indicates that ILCV experiences smaller price fluctuations and is considered to be less risky than DVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.