IVE vs. DIVZ
Compare and contrast key facts about iShares S&P 500 Value ETF (IVE) and Opal Dividend Income ETF (DIVZ).
IVE and DIVZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVE is a passively managed fund by iShares that tracks the performance of the S&P 500 Value Index. It was launched on May 22, 2000. DIVZ is an actively managed fund by TrueShares. It was launched on Jan 27, 2021.
Performance
IVE vs. DIVZ - Performance Comparison
Loading graphics...
IVE vs. DIVZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IVE iShares S&P 500 Value ETF | -0.07% | 13.02% | 12.03% | 22.07% | -5.41% | 24.47% |
DIVZ Opal Dividend Income ETF | 3.04% | 16.72% | 18.44% | -0.51% | 3.51% | 19.74% |
Returns By Period
In the year-to-date period, IVE achieves a -0.07% return, which is significantly lower than DIVZ's 3.04% return.
IVE
- 1D
- 1.70%
- 1M
- -4.58%
- YTD
- -0.07%
- 6M
- 3.10%
- 1Y
- 12.68%
- 3Y*
- 13.69%
- 5Y*
- 10.30%
- 10Y*
- 11.25%
DIVZ
- 1D
- 0.18%
- 1M
- -4.56%
- YTD
- 3.04%
- 6M
- 3.75%
- 1Y
- 12.65%
- 3Y*
- 13.65%
- 5Y*
- 9.87%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IVE vs. DIVZ - Expense Ratio Comparison
IVE has a 0.18% expense ratio, which is lower than DIVZ's 0.65% expense ratio.
Return for Risk
IVE vs. DIVZ — Risk / Return Rank
IVE
DIVZ
IVE vs. DIVZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Value ETF (IVE) and Opal Dividend Income ETF (DIVZ). 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.
| IVE | DIVZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 1.06 | -0.24 |
Sortino ratioReturn per unit of downside risk | 1.23 | 1.47 | -0.25 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.21 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.15 | 1.58 | -0.43 |
Martin ratioReturn relative to average drawdown | 5.38 | 6.66 | -1.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IVE | DIVZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 1.06 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.79 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.92 | -0.54 |
Correlation
The correlation between IVE and DIVZ is 0.85, 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.
Dividends
IVE vs. DIVZ - Dividend Comparison
IVE's dividend yield for the trailing twelve months is around 1.64%, less than DIVZ's 2.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVE iShares S&P 500 Value ETF | 1.64% | 1.61% | 2.04% | 1.65% | 2.10% | 1.81% | 2.37% | 2.11% | 2.74% | 2.12% | 2.26% | 2.44% |
DIVZ Opal Dividend Income ETF | 2.68% | 2.60% | 2.63% | 3.66% | 3.23% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IVE vs. DIVZ - Drawdown Comparison
The maximum IVE drawdown since its inception was -61.32%, which is greater than DIVZ's maximum drawdown of -15.42%. Use the drawdown chart below to compare losses from any high point for IVE and DIVZ.
Loading graphics...
Drawdown Indicators
| IVE | DIVZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.32% | -15.42% | -45.90% |
Max Drawdown (1Y)Largest decline over 1 year | -12.00% | -8.47% | -3.53% |
Max Drawdown (5Y)Largest decline over 5 years | -18.04% | -15.42% | -2.62% |
Max Drawdown (10Y)Largest decline over 10 years | -37.04% | — | — |
Current DrawdownCurrent decline from peak | -4.58% | -4.56% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -10.17% | -3.47% | -6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 2.06% | +0.49% |
Volatility
IVE vs. DIVZ - Volatility Comparison
iShares S&P 500 Value ETF (IVE) has a higher volatility of 3.82% compared to Opal Dividend Income ETF (DIVZ) at 2.80%. This indicates that IVE's price experiences larger fluctuations and is considered to be riskier than DIVZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IVE | DIVZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 2.80% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.70% | 6.57% | +1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.61% | 12.04% | +3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.45% | 12.58% | +1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.98% | 12.61% | +4.37% |