RDIV vs. SYLD

Last updated Jul 17, 2026

RDIV (Invesco S&P Ultra Dividend Revenue ETF) and SYLD (Cambria Shareholder Yield ETF) are both Mid Cap Value Equities funds. RDIV is passively managed, while SYLD is actively managed. Over the past 10 years, RDIV returned 10.92%/yr vs 13.51%/yr for SYLD. Their correlation of 0.80 suggests significant overlap in exposure. RDIV charges 0.39%/yr vs 0.59%/yr for SYLD.

Performance

RDIV vs. SYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Ultra Dividend Revenue ETF (RDIV) and Cambria Shareholder Yield ETF (SYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with RDIV having a 20.72% return and SYLD slightly higher at 21.10%. Over the past 10 years, RDIV has underperformed SYLD with an annualized return of 10.92%, while SYLD has yielded a comparatively higher 13.51% annualized return.

RDIV

• 1D: 2.12%
• 1M: 5.37%
• 6M: 16.53%
• YTD: 20.72%
• 1Y: 32.46%
• 3Y*: 20.31%
• 5Y*: 13.78%
• 10Y*: 10.92%

SYLD

• 1D: 1.89%
• 1M: 5.16%
• 6M: 13.57%
• YTD: 21.10%
• 1Y: 29.15%
• 3Y*: 12.45%
• 5Y*: 9.30%
• 10Y*: 13.51%

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

RDIV vs. SYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RDIV Invesco S&P Ultra Dividend Revenue ETF	20.72%	12.36%	15.17%	4.66%	7.16%	29.12%	-9.31%	22.62%	-4.78%	11.63%
SYLD Cambria Shareholder Yield ETF	21.10%	3.94%	3.37%	16.46%	-6.14%	48.59%	13.61%	26.98%	-13.51%	20.03%

Correlation

The correlation between RDIV and SYLD is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Oct 1, 2013	0.80

The correlation between RDIV and SYLD has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.

RDIV vs. SYLD - Sectors Allocation Comparison

Sectors	RDIV	SYLD
Financial Services	17.8%	22.7%
Energy	17.3%	17.1%
Consumer Cyclical	15.0%	23.5%
Consumer Defensive	14.6%	6.7%
Communication Services	8.8%	6.0%
Real Estate	7.3%	-
Healthcare	6.8%	5.7%
Technology	6.2%	2.1%
Utilities	6.2%	-
Basic Materials	0.5%	8.0%
Industrials	-	8.3%

Return for Risk

RDIV vs. SYLD — Risk / Return Rank

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

RDIV

RDIV Risk / Return Rank: 92
RDIV Sharpe Ratio Rank: 90
RDIV Sortino Ratio Rank: 91
RDIV Omega Ratio Rank: 87
RDIV Calmar Ratio Rank: 96
RDIV Martin Ratio Rank: 94

SYLD

SYLD Risk / Return Rank: 79
SYLD Sharpe Ratio Rank: 75
SYLD Sortino Ratio Rank: 81
SYLD Omega Ratio Rank: 70
SYLD Calmar Ratio Rank: 89
SYLD Martin Ratio Rank: 77

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.

RDIV vs. SYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Ultra Dividend Revenue ETF (RDIV) and Cambria Shareholder Yield ETF (SYLD). 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.

	RDIV	SYLD	Difference
Sharpe ratio: Return per unit of total volatility	2.44	1.91	+0.53
Sortino ratio: Return per unit of downside risk	3.54	2.89	+0.64
Omega ratio: Gain probability vs. loss probability	1.42	1.33	+0.09
Calmar ratio: Return relative to maximum drawdown	6.73	4.23	+2.51
Martin ratio: Return relative to average drawdown	19.36	11.44	+7.93

RDIV vs. SYLD - Sharpe Ratio Comparison

The current RDIV Sharpe Ratio is 2.44, which is comparable to the SYLD Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of RDIV and SYLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RDIV vs. SYLD - Drawdown Comparison

The maximum RDIV drawdown since its inception was -49.97%, which is greater than SYLD's maximum drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for RDIV and SYLD.

Drawdown Indicators

	RDIV	SYLD	Difference
Max Drawdown Largest peak-to-trough decline	-49.97%	-45.36%	-4.61%
Max Drawdown (1Y) Largest decline over 1 year	-4.84%	-6.93%	+2.09%
Max Drawdown (3Y) Largest decline over 3 years	-17.91%	-26.62%	+8.71%
Max Drawdown (5Y) Largest decline over 5 years	-24.89%	-26.62%	+1.73%
Max Drawdown (10Y) Largest decline over 10 years	-49.97%	-45.36%	-4.61%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.82%	-5.62%	-0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	2.56%	-0.88%

Volatility

RDIV vs. SYLD - Volatility Comparison

Invesco S&P Ultra Dividend Revenue ETF (RDIV) has a higher volatility of 4.50% compared to Cambria Shareholder Yield ETF (SYLD) at 3.70%. This indicates that RDIV's price experiences larger fluctuations and is considered to be riskier than SYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDIV	SYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	3.70%	+0.80%
Volatility (6M) Calculated over the trailing 6-month period	9.03%	9.54%	-0.51%
Volatility (1Y) Calculated over the trailing 1-year period	13.37%	15.31%	-1.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.45%	20.35%	-2.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.84%	22.90%	-1.06%

RDIV vs. SYLD - Expense Ratio Comparison

RDIV has a 0.39% expense ratio, which is lower than SYLD's 0.59% expense ratio.

Dividends

RDIV vs. SYLD - Dividend Comparison

RDIV's dividend yield for the trailing twelve months is around 3.51%, more than SYLD's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.51%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%
SYLD Cambria Shareholder Yield ETF	1.83%	2.25%	2.04%	1.92%	2.20%	2.37%	1.99%	2.08%	2.52%	1.57%	1.92%	6.93%

Frequently Asked Questions

Can I hold both RDIV and SYLD in my portfolio?

RDIV and SYLD have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDIV or SYLD?

RDIV has higher volatility (4.50%) compared to SYLD (3.70%). In terms of maximum drawdown, RDIV dropped -49.97% vs SYLD's -45.36%.

Which ETF is better, RDIV or SYLD?

On 10-year performance, SYLD leads with 13.51% vs 10.92% for RDIV. On fees, RDIV is cheaper at 0.39% per year. On volatility, SYLD has been the lower-risk option at 3.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDIV or SYLD?

Over the 10-year period, SYLD has performed better with a 13.51% return vs 10.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDIV or SYLD?

RDIV is cheaper with a 0.39% expense ratio, compared with 0.59% for SYLD.

Which ETF pays a higher dividend yield, RDIV or SYLD?

RDIV has the higher dividend yield at 3.51%, compared with 1.83% for SYLD.

What is the main difference between RDIV and SYLD?

They also come from different issuers: Invesco and Cambria. Their fees differ too: 0.39% for RDIV and 0.59% for SYLD.

Which has better risk-adjusted returns?

RDIV currently has the higher Sharpe Ratio (2.44 vs 1.91), 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.