IWDL vs. MVV
Compare and contrast key facts about ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) and ProShares Ultra Midcap 400 (MVV).
IWDL and MVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWDL is a passively managed fund by UBS that tracks the performance of the Russell 1000 Value (200%). It was launched on Feb 5, 2021. MVV is a passively managed fund by ProShares that tracks the performance of the S&P MidCap 400 Index (200%). It was launched on Jun 21, 2006. Both IWDL and MVV 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: IWDL or MVV.
Key characteristics
| IWDL | MVV | |
|---|---|---|
| YTD Return | 35.62% | 34.84% |
| 1Y Return | 63.36% | 73.90% |
| 3Y Return (Ann) | 7.30% | 2.44% |
| Sharpe Ratio | 3.10 | 2.39 |
| Sortino Ratio | 3.93 | 3.06 |
| Omega Ratio | 1.51 | 1.38 |
| Calmar Ratio | 2.38 | 2.01 |
| Martin Ratio | 17.89 | 12.80 |
| Ulcer Index | 3.74% | 6.09% |
| Daily Std Dev | 21.57% | 32.56% |
| Max Drawdown | -37.95% | -85.54% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between IWDL and MVV is 0.92, 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
IWDL vs. MVV - Performance Comparison
The year-to-date returns for both stocks are quite close, with IWDL having a 35.62% return and MVV slightly lower at 34.84%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IWDL vs. MVV - Expense Ratio Comparison
Both IWDL and MVV have an expense ratio of 0.95%.
Risk-Adjusted Performance
IWDL vs. MVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) and ProShares Ultra Midcap 400 (MVV). 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
IWDL vs. MVV - Dividend Comparison
IWDL has not paid dividends to shareholders, while MVV's dividend yield for the trailing twelve months is around 0.40%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWDL ETRACS 2x Leveraged US Value Factor TR ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MVV ProShares Ultra Midcap 400 | 0.40% | 0.77% | 0.93% | 0.16% | 0.29% | 0.62% | 0.62% | 0.21% | 0.43% | 0.17% |
Drawdowns
IWDL vs. MVV - Drawdown Comparison
The maximum IWDL drawdown since its inception was -37.95%, smaller than the maximum MVV drawdown of -85.54%. Use the drawdown chart below to compare losses from any high point for IWDL and MVV. For additional features, visit the drawdowns tool.
Volatility
IWDL vs. MVV - Volatility Comparison
The current volatility for ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is 7.58%, while ProShares Ultra Midcap 400 (MVV) has a volatility of 10.10%. This indicates that IWDL experiences smaller price fluctuations and is considered to be less risky than MVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.