RDIV vs. VEGI

Last updated Jun 3, 2026

RDIV (Invesco S&P Ultra Dividend Revenue ETF) and VEGI (iShares MSCI Agriculture Producers ETF) are both Mid Cap Value Equities funds - RDIV tracks the S&P 900 Dividend Revenue-Weighted Index while VEGI tracks the MSCI ACWI Select Agriculture Producers Investable Market Index. Both are passively managed. Over the past 10 years, RDIV returned 11.09%/yr vs 8.52%/yr for VEGI. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.39% expense ratio.

Performance

RDIV vs. VEGI - Performance Comparison

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

Returns By Period

In the year-to-date period, RDIV achieves a 13.43% return, which is significantly lower than VEGI's 16.31% return. Over the past 10 years, RDIV has outperformed VEGI with an annualized return of 11.09%, while VEGI has yielded a comparatively lower 8.52% annualized return.

RDIV

• 1D: 0.14%
• 1M: 2.82%
• YTD: 13.43%
• 6M: 12.91%
• 1Y: 29.73%
• 3Y*: 19.79%
• 5Y*: 10.41%
• 10Y*: 11.09%

VEGI

• 1D: 2.07%
• 1M: -1.49%
• YTD: 16.31%
• 6M: 16.39%
• 1Y: 14.66%
• 3Y*: 7.88%
• 5Y*: 3.68%
• 10Y*: 8.52%

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

RDIV vs. VEGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RDIV Invesco S&P Ultra Dividend Revenue ETF	13.43%	12.36%	15.17%	4.66%	7.16%	29.12%	-9.31%	22.62%	-4.78%	11.63%
VEGI iShares MSCI Agriculture Producers ETF	16.31%	11.34%	-4.85%	-8.59%	6.34%	21.56%	20.06%	13.52%	-9.76%	19.79%

Correlation

The correlation between RDIV and VEGI is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Oct 2, 2013	0.66

The correlation between RDIV and VEGI shifts across timeframes, from 0.47 (1 year) to 0.67 (10 years), reflecting how their relationship changes across market environments.

RDIV vs. VEGI - Sectors Allocation Comparison

Sectors	RDIV	VEGI
Energy	28.8%	-
Financial Services	18.0%	-
Consumer Defensive	15.9%	33.3%
Consumer Cyclical	9.5%	-
Real Estate	8.0%	-
Healthcare	7.8%	-
Utilities	6.4%	-
Technology	5.1%	-
Basic Materials	0.5%	31.7%
Communication Services	-	-
Industrials	-	34.2%

Return for Risk

RDIV vs. VEGI — Risk / Return Rank

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

RDIV

RDIV Risk / Return Rank: 77
RDIV Sharpe Ratio Rank: 68
RDIV Sortino Ratio Rank: 74
RDIV Omega Ratio Rank: 65
RDIV Calmar Ratio Rank: 92
RDIV Martin Ratio Rank: 85

VEGI

VEGI Risk / Return Rank: 30
VEGI Sharpe Ratio Rank: 28
VEGI Sortino Ratio Rank: 29
VEGI Omega Ratio Rank: 27
VEGI Calmar Ratio Rank: 40
VEGI Martin Ratio Rank: 27

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. VEGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Ultra Dividend Revenue ETF (RDIV) and iShares MSCI Agriculture Producers ETF (VEGI). 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.

	RDIV	VEGI	Difference
Sharpe ratio Return per unit of total volatility	2.27	1.00	+1.27
Sortino ratio Return per unit of downside risk	3.38	1.55	+1.83
Omega ratio Gain probability vs. loss probability	1.40	1.18	+0.22
Calmar ratio Return relative to maximum drawdown	6.12	2.04	+4.08
Martin ratio Return relative to average drawdown	18.06	3.95	+14.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDIV vs. VEGI - Sharpe Ratio Comparison

The current RDIV Sharpe Ratio is 2.27, which is higher than the VEGI Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of RDIV and VEGI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RDIV	VEGI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.27	1.00	+1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.21	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.45	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.34	+0.21

Drawdowns

RDIV vs. VEGI - Drawdown Comparison

The maximum RDIV drawdown since its inception was -49.97%, which is greater than VEGI's maximum drawdown of -37.37%. Use the drawdown chart below to compare losses from any high point for RDIV and VEGI.

Drawdown Indicators

	RDIV	VEGI	Difference
Max Drawdown Largest peak-to-trough decline	-49.97%	-37.37%	-12.60%
Max Drawdown (1Y) Largest decline over 1 year	-4.84%	-7.49%	+2.65%
Max Drawdown (3Y) Largest decline over 3 years	-17.91%	-17.71%	-0.20%
Max Drawdown (5Y) Largest decline over 5 years	-24.89%	-28.86%	+3.97%
Max Drawdown (10Y) Largest decline over 10 years	-49.97%	-37.37%	-12.60%
Current Drawdown Current decline from peak	-0.36%	-4.88%	+4.52%
Average Drawdown Average peak-to-trough decline	-5.86%	-9.83%	+3.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	3.87%	-2.23%

Volatility

RDIV vs. VEGI - Volatility Comparison

The current volatility for Invesco S&P Ultra Dividend Revenue ETF (RDIV) is 3.28%, while iShares MSCI Agriculture Producers ETF (VEGI) has a volatility of 4.50%. This indicates that RDIV experiences smaller price fluctuations and is considered to be less risky than VEGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDIV	VEGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	4.50%	-1.22%
Volatility (6M) Calculated over the trailing 6-month period	8.50%	11.80%	-3.30%
Volatility (1Y) Calculated over the trailing 1-year period	13.16%	14.75%	-1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.52%	17.88%	-0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.89%	18.94%	+2.95%

RDIV vs. VEGI - Expense Ratio Comparison

Both RDIV and VEGI have an expense ratio of 0.39%.

Dividends

RDIV vs. VEGI - Dividend Comparison

RDIV's dividend yield for the trailing twelve months is around 3.61%, more than VEGI's 2.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.61%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%
VEGI iShares MSCI Agriculture Producers ETF	2.01%	2.33%	2.62%	2.54%	1.49%	1.46%	1.55%	1.84%	2.02%	1.75%	2.13%	2.49%

Frequently Asked Questions

Can I hold both RDIV and VEGI in my portfolio?

RDIV and VEGI have a correlation of 0.47, 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 VEGI?

VEGI has higher volatility (4.50%) compared to RDIV (3.28%). In terms of maximum drawdown, RDIV dropped -49.97% vs VEGI's -37.37%.

Which ETF is better, RDIV or VEGI?

On 10-year performance, RDIV leads with 11.09% vs 8.52% for VEGI. Both ETFs have the same 0.39% expense ratio. On volatility, RDIV has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDIV or VEGI?

Over the 10-year period, RDIV has performed better with a 11.09% return vs 8.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDIV or VEGI?

RDIV and VEGI have the same expense ratio: 0.39% per year.

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

RDIV has the higher dividend yield at 3.61%, compared with 2.01% for VEGI.

What is the main difference between RDIV and VEGI?

RDIV tracks S&P 900 Dividend Revenue-Weighted Index, while VEGI tracks MSCI ACWI Select Agriculture Producers Investable Market Index. They also come from different issuers: Invesco and iShares.

Which has better risk-adjusted returns?

RDIV currently has the higher Sharpe Ratio (2.27 vs 1.00), 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.