LVDS vs. DFRA

Last updated Jun 23, 2026

LVDS (JPMorgan Fundamental Data Science Large Value ETF) and DFRA (Donoghue Forlines Yield Enhanced Real Asset ETF) are both Large Cap Value Equities funds. LVDS is actively managed, while DFRA is passively managed. A 0.77 correlation means they provide meaningful diversification when combined. LVDS charges 0.30%/yr vs 0.69%/yr for DFRA.

Performance

LVDS vs. DFRA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Fundamental Data Science Large Value ETF (LVDS) and Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LVDS achieves a 16.58% return, which is significantly higher than DFRA's 5.59% return.

LVDS

• 1D: 0.52%
• 1M: 4.03%
• YTD: 16.58%
• 6M: 16.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFRA

• 1D: -0.05%
• 1M: -3.12%
• YTD: 5.59%
• 6M: 6.01%
• 1Y: 11.17%
• 3Y*: 11.56%
• 5Y*: —
• 10Y*: —

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

LVDS vs. DFRA - Yearly Performance Comparison

	2026 (YTD)	2025
LVDS JPMorgan Fundamental Data Science Large Value ETF	16.58%	7.40%
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF	5.59%	1.85%

Correlation

The correlation between LVDS and DFRA is 0.77, 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 Jul 14, 2025	0.77

LVDS vs. DFRA - Sectors Allocation Comparison

Sectors	LVDS	DFRA
Financial Services	18.7%	-
Technology	18.7%	1.5%
Industrials	12.1%	35.7%
Healthcare	10.1%	-
Consumer Cyclical	8.4%	-
Communication Services	7.5%	-
Energy	6.6%	26.3%
Consumer Defensive	6.4%	3.2%
Utilities	4.7%	2.8%
Real Estate	4.1%	12.1%
Basic Materials	2.7%	18.5%

Return for Risk

LVDS vs. DFRA — Risk / Return Rank

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

LVDS

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

DFRA

DFRA Risk / Return Rank: 21
DFRA Sharpe Ratio Rank: 22
DFRA Sortino Ratio Rank: 20
DFRA Omega Ratio Rank: 21
DFRA Calmar Ratio Rank: 21
DFRA Martin Ratio Rank: 23

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.

LVDS vs. DFRA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Fundamental Data Science Large Value ETF (LVDS) and Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA). 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.

	LVDS	DFRA	Difference
Sharpe ratio: Return per unit of total volatility	—	0.75	—
Sortino ratio: Return per unit of downside risk	—	1.09	—
Omega ratio: Gain probability vs. loss probability	—	1.14	—
Calmar ratio: Return relative to maximum drawdown	—	0.96	—
Martin ratio: Return relative to average drawdown	—	2.86	—

Drawdowns

LVDS vs. DFRA - Drawdown Comparison

The maximum LVDS drawdown since its inception was -6.64%, smaller than the maximum DFRA drawdown of -19.35%. Use the drawdown chart below to compare losses from any high point for LVDS and DFRA.

Drawdown Indicators

	LVDS	DFRA	Difference
Max Drawdown Largest peak-to-trough decline	-6.64%	-19.35%	+12.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.35%	—
Current Drawdown Current decline from peak	0.00%	-9.88%	+9.88%
Average Drawdown Average peak-to-trough decline	-0.95%	-4.01%	+3.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.91%	—

Volatility

Volatility by Period

	LVDS	DFRA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.62%	15.08%	-4.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.62%	17.51%	-6.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.62%	17.51%	-6.89%

LVDS vs. DFRA - Expense Ratio Comparison

LVDS has a 0.30% expense ratio, which is lower than DFRA's 0.69% expense ratio.

Dividends

LVDS vs. DFRA - Dividend Comparison

LVDS's dividend yield for the trailing twelve months is around 7.36%, more than DFRA's 4.32% yield.

Position	TTM	2025	2024	2023	2022	2021
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF	4.32%	2.86%	10.13%	4.70%	8.40%	0.08%
LVDS JPMorgan Fundamental Data Science Large Value ETF	7.36%	8.25%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LVDS and DFRA in my portfolio?

LVDS and DFRA have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LVDS or DFRA?

On fees, LVDS is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LVDS or DFRA?

LVDS is cheaper with a 0.30% expense ratio, compared with 0.69% for DFRA.

Which ETF pays a higher dividend yield, LVDS or DFRA?

LVDS has the higher dividend yield at 7.36%, compared with 4.32% for DFRA.

What is the main difference between LVDS and DFRA?

They also come from different issuers: JPMorgan and Donoghue Forlines. Their fees differ too: 0.30% for LVDS and 0.69% for DFRA.