RDVY vs. CLU.NEO
RDVY (First Trust Rising Dividend Achievers ETF) and CLU.NEO (iShares US Fundamental Index ETF (CAD-Hedged) Common Class) are both Large Cap Blend Equities funds - RDVY tracks the NASDAQ US Rising Dividend Achievers while CLU.NEO tracks the FTSE RAFI US 1000 Canadian Dollar Hedged Index. Both are passively managed. Over the past 10 years, RDVY returned 15.65%/yr vs 10.23%/yr for CLU.NEO. A 0.69 correlation means they provide meaningful diversification when combined. RDVY charges 0.50%/yr vs 0.72%/yr for CLU.NEO.
Performance
RDVY vs. CLU.NEO - Performance Comparison
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Different Trading Currencies
RDVY is traded in USD, while CLU.NEO is traded in CAD. To make them comparable, the CLU.NEO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RDVY achieves a 11.06% return, which is significantly higher than CLU.NEO's 7.39% return. Over the past 10 years, RDVY has outperformed CLU.NEO with an annualized return of 15.65%, while CLU.NEO has yielded a comparatively lower 10.23% annualized return.
RDVY
- 1D
- 1.13%
- 1M
- 3.30%
- YTD
- 11.06%
- 6M
- 11.87%
- 1Y
- 28.04%
- 3Y*
- 21.09%
- 5Y*
- 11.26%
- 10Y*
- 15.65%
CLU.NEO
- 1D
- -0.52%
- 1M
- -0.45%
- YTD
- 7.39%
- 6M
- 11.02%
- 1Y
- 22.66%
- 3Y*
- 15.64%
- 5Y*
- 6.29%
- 10Y*
- 10.23%
RDVY vs. CLU.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RDVY First Trust Rising Dividend Achievers ETF | 11.06% | 18.90% | 16.41% | 20.38% | -13.27% | 31.14% | 13.47% | 37.71% | -9.92% | 22.75% |
CLU.NEO iShares US Fundamental Index ETF (CAD-Hedged) Common Class | 7.39% | 20.72% | 5.75% | 15.70% | -15.43% | 32.09% | 5.65% | 31.68% | -18.06% | 22.76% |
Correlation
The correlation between RDVY and CLU.NEO is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jan 8, 2014 | 0.69 |
The correlation between RDVY and CLU.NEO shifts across timeframes, from 0.59 (1 year) to 0.69 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
RDVY vs. CLU.NEO — Risk / Return Rank
RDVY
CLU.NEO
RDVY vs. CLU.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Rising Dividend Achievers ETF (RDVY) and iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO). 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.
| RDVY | CLU.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.38 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 2.67 | +0.44 |
| Martin ratioReturn relative to average drawdown | 13.11 | 10.26 | +2.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RDVY | CLU.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | 2.04 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.35 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.48 | +0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.47 | +0.20 |
Drawdowns
RDVY vs. CLU.NEO - Drawdown Comparison
The maximum RDVY drawdown since its inception was -40.60%, smaller than the maximum CLU.NEO drawdown of -45.80%. Use the drawdown chart below to compare losses from any high point for RDVY and CLU.NEO.
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Drawdown Indicators
| RDVY | CLU.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.60% | -45.80% | +5.20% |
Max Drawdown (1Y)Largest decline over 1 year | -9.04% | -8.87% | -0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -19.11% | -18.06% | -1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -25.32% | -27.75% | +2.43% |
Max Drawdown (10Y)Largest decline over 10 years | -40.60% | -45.80% | +5.20% |
Current DrawdownCurrent decline from peak | 0.00% | -1.31% | +1.31% |
Average DrawdownAverage peak-to-trough decline | -5.00% | -8.55% | +3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 2.31% | -0.17% |
Volatility
RDVY vs. CLU.NEO - Volatility Comparison
First Trust Rising Dividend Achievers ETF (RDVY) has a higher volatility of 4.01% compared to iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO) at 2.42%. This indicates that RDVY's price experiences larger fluctuations and is considered to be riskier than CLU.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RDVY | CLU.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.01% | 2.42% | +1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 10.99% | 8.33% | +2.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.04% | 11.60% | +2.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 18.03% | +0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.11% | 21.54% | -0.43% |
RDVY vs. CLU.NEO - Expense Ratio Comparison
RDVY has a 0.50% expense ratio, which is lower than CLU.NEO's 0.72% expense ratio.
Dividends
RDVY vs. CLU.NEO - Dividend Comparison
RDVY's dividend yield for the trailing twelve months is around 0.91%, less than CLU.NEO's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLU.NEO iShares US Fundamental Index ETF (CAD-Hedged) Common Class | 1.20% | 1.31% | 1.32% | 1.35% | 1.63% | 1.19% | 1.66% | 1.46% | 1.77% | 1.46% | 1.63% | 1.87% |
RDVY First Trust Rising Dividend Achievers ETF | 0.91% | 1.11% | 1.64% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% |
Frequently Asked Questions
RDVY and CLU.NEO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RDVY is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RDVY is cheaper with a 0.50% expense ratio, compared with 0.72% for CLU.NEO.
RDVY tracks NASDAQ US Rising Dividend Achievers, while CLU.NEO tracks FTSE RAFI US 1000 Canadian Dollar Hedged Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.50% for RDVY and 0.72% for CLU.NEO.
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