LST vs. KDVD

Last updated Jul 12, 2026

LST (Leuthold Select Industries ETF) and KDVD (Keeley Dividend ETF) are both Mid Cap Blend Equities funds. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. LST charges 0.65%/yr vs 0.00%/yr for KDVD.

Performance

LST vs. KDVD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leuthold Select Industries ETF (LST) and Keeley Dividend ETF (KDVD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LST achieves a 16.34% return, which is significantly higher than KDVD's 13.99% return.

LST

• 1D: 0.02%
• 1M: 0.09%
• 6M: 12.69%
• YTD: 16.34%
• 1Y: 29.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KDVD

• 1D: 0.38%
• 1M: 0.77%
• 6M: 9.46%
• YTD: 13.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LST vs. KDVD - Yearly Performance Comparison

	2026 (YTD)	2025
LST Leuthold Select Industries ETF	16.34%	0.83%
KDVD Keeley Dividend ETF	13.99%	-0.07%

Correlation

The correlation between LST and KDVD is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 8, 2025	0.73

Return for Risk

LST vs. KDVD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LST

LST Risk / Return Rank: 73
LST Sharpe Ratio Rank: 76
LST Sortino Ratio Rank: 77
LST Omega Ratio Rank: 72
LST Calmar Ratio Rank: 67
LST Martin Ratio Rank: 73

KDVD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

LST vs. KDVD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leuthold Select Industries ETF (LST) and Keeley Dividend ETF (KDVD). 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.

	LST	KDVD	Difference
Sharpe ratio: Return per unit of total volatility	1.93	—	—
Sortino ratio: Return per unit of downside risk	2.72	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.65	—	—
Martin ratio: Return relative to average drawdown	10.72	—	—

Drawdowns

LST vs. KDVD - Drawdown Comparison

The maximum LST drawdown since its inception was -19.47%, which is greater than KDVD's maximum drawdown of -10.98%. Use the drawdown chart below to compare losses from any high point for LST and KDVD.

Drawdown Indicators

	LST	KDVD	Difference
Max Drawdown Largest peak-to-trough decline	-19.47%	-10.98%	-8.49%
Max Drawdown (1Y) Largest decline over 1 year	-10.85%	—	—
Current Drawdown Current decline from peak	-1.14%	-1.70%	+0.56%
Average Drawdown Average peak-to-trough decline	-2.84%	-2.61%	-0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	—	—

Volatility

Volatility by Period

	LST	KDVD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.90%	14.66%	+0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.80%	14.66%	+3.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.80%	14.66%	+3.14%

LST vs. KDVD - Expense Ratio Comparison

LST has a 0.65% expense ratio, which is higher than KDVD's 0.00% expense ratio.

Dividends

LST vs. KDVD - Dividend Comparison

LST's dividend yield for the trailing twelve months is around 1.15%, less than KDVD's 1.33% yield.

Position	TTM	2025
KDVD Keeley Dividend ETF	1.33%	0.20%
LST Leuthold Select Industries ETF	1.15%	1.34%

Frequently Asked Questions

Can I hold both LST and KDVD in my portfolio?

LST and KDVD have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LST or KDVD?

On fees, KDVD is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LST or KDVD?

KDVD is cheaper with a 0.00% expense ratio, compared with 0.65% for LST.

Which ETF pays a higher dividend yield, LST or KDVD?

KDVD has the higher dividend yield at 1.33%, compared with 1.15% for LST.

What is the main difference between LST and KDVD?

They also come from different issuers: Leuthold Group and Gabelli. Their fees differ too: 0.65% for LST and 0.00% for KDVD.