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KVLE vs. DLN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

KVLE vs. DLN

Last updated Jun 25, 2026

KVLE (KFA Value Liner Dynamic Core Equity Index ETF) and DLN (WisdomTree U.S. LargeCap Dividend Fund) are both Large Cap Value Equities funds - KVLE tracks the 3D/L Value Line Dynamic Core Equity Index while DLN tracks the WisdomTree U.S. LargeCap Dividend Index. Both are passively managed. Over the past 5 years, KVLE returned 10.02%/yr vs 12.34%/yr for DLN. Their correlation of 0.89 suggests significant overlap in exposure. KVLE charges 0.56%/yr vs 0.28%/yr for DLN.

Performance

KVLE vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KFA Value Liner Dynamic Core Equity Index ETF (KVLE) and WisdomTree U.S. LargeCap Dividend Fund (DLN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with KVLE having a 9.90% return and DLN slightly lower at 9.74%.

KVLE

1D
0.58%
1M
0.76%
YTD
9.90%
6M
8.40%
1Y
17.26%
3Y*
14.58%
5Y*
10.02%
10Y*
—

DLN

1D
-0.19%
1M
-0.14%
YTD
9.74%
6M
8.74%
1Y
20.43%
3Y*
18.05%
5Y*
12.34%
10Y*
12.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KVLE vs. DLN - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
KVLE
KFA Value Liner Dynamic Core Equity Index ETF		9.90%9.34%18.25%10.49%-5.96%28.01%1.71%
DLN
WisdomTree U.S. LargeCap Dividend Fund		9.74%15.53%19.66%9.95%-3.78%25.60%4.05%

Correlation

The correlation between KVLE and DLN is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.85

Correlation (3Y)
Calculated over the trailing 3-year period

0.88

Correlation (5Y)
Calculated over the trailing 5-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Nov 24, 2020

0.89

The correlation between KVLE and DLN has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.

KVLE vs. DLN - Sectors Allocation Comparison

Sectors
KVLE
DLN

Technology

31.4%
22.8%

Financial Services

12.2%
17.4%

Real Estate

11.8%
3.9%

Consumer Cyclical

9.4%
4.9%

Healthcare

9.3%
12.6%

Industrials

8.9%
7.8%

Consumer Defensive

6.6%
8.9%

Energy

4.4%
7.9%

Communication Services

4.1%
7.5%

Basic Materials

1.3%
1.0%

Utilities

0.6%
5.5%

Technology

KVLE
31.4%
DLN
22.8%

Financial Services

KVLE
12.2%
DLN
17.4%

Real Estate

KVLE
11.8%
DLN
3.9%

Consumer Cyclical

KVLE
9.4%
DLN
4.9%

Healthcare

KVLE
9.3%
DLN
12.6%

Industrials

KVLE
8.9%
DLN
7.8%

Consumer Defensive

KVLE
6.6%
DLN
8.9%

Energy

KVLE
4.4%
DLN
7.9%

Communication Services

KVLE
4.1%
DLN
7.5%

Basic Materials

KVLE
1.3%
DLN
1.0%

Utilities

KVLE
0.6%
DLN
5.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

KFA Value Liner Dynamic Core Equity Index ETF

WisdomTree U.S. LargeCap Dividend Fund

Often compared with KVLE:
KVLE vs. SPYKVLE vs. SCHDKVLE vs. VTVKVLE vs. VOOKVLE vs. DOGGKVLE vs. KBAKVLE vs. KLIP
Often compared with DLN:
DLN vs. SCHDDLN vs. DGRWDLN vs. DTDDLN vs. DGRODLN vs. VYMDLN vs. VOODLN vs. JEPI

Return for Risk

KVLE vs. DLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KVLE
KVLE Risk / Return Rank: 4747
Overall Rank
KVLE Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
KVLE Sortino Ratio Rank: 5151
Sortino Ratio Rank
KVLE Omega Ratio Rank: 4949
Omega Ratio Rank
KVLE Calmar Ratio Rank: 4040
Calmar Ratio Rank
KVLE Martin Ratio Rank: 4646
Martin Ratio Rank
DLN
DLN Risk / Return Rank: 7979
Overall Rank
DLN Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
DLN Sortino Ratio Rank: 8282
Sortino Ratio Rank
DLN Omega Ratio Rank: 7878
Omega Ratio Rank
DLN Calmar Ratio Rank: 7474
Calmar Ratio Rank
DLN Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KVLE vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KFA Value Liner Dynamic Core Equity Index ETF (KVLE) and WisdomTree U.S. LargeCap Dividend Fund (DLN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

KVLEDLNDifference
Sharpe ratioReturn per unit of total volatility
1.55
2.28

-0.74

Sortino ratioReturn per unit of downside risk
2.20
3.26

-1.06

Omega ratioGain probability vs. loss probability

1.28

1.41

-0.13

Calmar ratioReturn relative to maximum drawdown

1.81

3.37

-1.56

Martin ratioReturn relative to average drawdown

6.89

14.09

-7.20

KVLE vs. DLN - Sharpe Ratio Comparison

The current KVLE Sharpe Ratio is 1.55, which is lower than the DLN Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of KVLE and DLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

KVLE vs. DLN - Drawdown Comparison

The maximum KVLE drawdown since its inception was -18.38%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for KVLE and DLN.

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Drawdown Indicators

KVLEDLNDifference

Max Drawdown

Largest peak-to-trough decline

-18.38%

-57.84%

+39.46%

Max Drawdown (1Y)

Largest decline over 1 year

-9.59%

-6.10%

-3.49%

Max Drawdown (3Y)

Largest decline over 3 years

-16.39%

-13.71%

-2.68%

Max Drawdown (5Y)

Largest decline over 5 years

-18.38%

-16.26%

-2.12%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.82%

—

Current Drawdown

Current decline from peak

-1.19%

-1.31%

+0.12%

Average Drawdown

Average peak-to-trough decline

-3.19%

-7.50%

+4.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.51%

1.45%

+1.06%

Volatility

KVLE vs. DLN - Volatility Comparison

KFA Value Liner Dynamic Core Equity Index ETF (KVLE) has a higher volatility of 3.61% compared to WisdomTree U.S. LargeCap Dividend Fund (DLN) at 2.70%. This indicates that KVLE's price experiences larger fluctuations and is considered to be riskier than DLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

KVLEDLNDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.61%

2.70%

+0.91%

Volatility (6M)

Calculated over the trailing 6-month period

8.73%

6.99%

+1.74%

Volatility (1Y)

Calculated over the trailing 1-year period

11.25%

9.01%

+2.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.53%

13.26%

+1.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.32%

16.14%

-1.82%

KVLE vs. DLN - Expense Ratio Comparison

KVLE has a 0.56% expense ratio, which is higher than DLN's 0.28% expense ratio.

Dividends

KVLE vs. DLN - Dividend Comparison

KVLE's dividend yield for the trailing twelve months is around 7.32%, more than DLN's 1.80% yield.

PositionTTM20252024202320222021202020192018201720162015
DLN
WisdomTree U.S. LargeCap Dividend Fund		1.80%1.90%2.00%2.43%2.53%2.01%2.66%2.51%2.90%2.33%2.64%2.80%
KVLE
KFA Value Liner Dynamic Core Equity Index ETF		7.32%7.90%7.99%2.53%5.78%9.51%0.35%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

KVLE and DLN have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

KVLE has higher volatility (3.61%) compared to DLN (2.70%). In terms of maximum drawdown, KVLE dropped -18.38% vs DLN's -57.84%.

On 5-year performance, DLN leads with 12.34% vs 10.02% for KVLE. On fees, DLN is cheaper at 0.28% per year. On volatility, DLN has been the lower-risk option at 2.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DLN has performed better with a 12.34% return vs 10.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DLN is cheaper with a 0.28% expense ratio, compared with 0.56% for KVLE.

KVLE has the higher dividend yield at 7.32%, compared with 1.80% for DLN.

KVLE tracks 3D/L Value Line Dynamic Core Equity Index, while DLN tracks WisdomTree U.S. LargeCap Dividend Index. They also come from different issuers: CICC and WisdomTree. Their fees differ too: 0.56% for KVLE and 0.28% for DLN.

DLN currently has the higher Sharpe Ratio (2.28 vs 1.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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