RDVY vs. DGRO
Compare and contrast key facts about First Trust Rising Dividend Achievers ETF (RDVY) and iShares Core Dividend Growth ETF (DGRO).
RDVY and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RDVY is a passively managed fund by First Trust that tracks the performance of the NASDAQ US Rising Dividend Achievers. It was launched on Jan 6, 2014. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. Both RDVY and DGRO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RDVY or DGRO.
Key characteristics
| RDVY | DGRO | |
|---|---|---|
| YTD Return | 22.84% | 20.51% |
| 1Y Return | 35.95% | 29.14% |
| 3Y Return (Ann) | 8.75% | 8.22% |
| 5Y Return (Ann) | 14.81% | 11.94% |
| 10Y Return (Ann) | 13.25% | 12.01% |
| Sharpe Ratio | 2.54 | 3.27 |
| Sortino Ratio | 3.63 | 4.63 |
| Omega Ratio | 1.46 | 1.61 |
| Calmar Ratio | 4.88 | 5.39 |
| Martin Ratio | 17.14 | 22.01 |
| Ulcer Index | 2.33% | 1.44% |
| Daily Std Dev | 15.71% | 9.68% |
| Max Drawdown | -40.60% | -35.10% |
| Current Drawdown | -1.24% | -0.65% |
Correlation
The correlation between RDVY and DGRO is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RDVY vs. DGRO - Performance Comparison
In the year-to-date period, RDVY achieves a 22.84% return, which is significantly higher than DGRO's 20.51% return. Over the past 10 years, RDVY has outperformed DGRO with an annualized return of 13.25%, while DGRO has yielded a comparatively lower 12.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RDVY vs. DGRO - Expense Ratio Comparison
RDVY has a 0.50% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
RDVY vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Rising Dividend Achievers ETF (RDVY) and iShares Core Dividend Growth ETF (DGRO). 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.
Dividends
RDVY vs. DGRO - Dividend Comparison
RDVY's dividend yield for the trailing twelve months is around 1.62%, less than DGRO's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
RDVY First Trust Rising Dividend Achievers ETF | 1.62% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% | 1.91% |
DGRO iShares Core Dividend Growth ETF | 2.16% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
RDVY vs. DGRO - Drawdown Comparison
The maximum RDVY drawdown since its inception was -40.60%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for RDVY and DGRO. For additional features, visit the drawdowns tool.
Volatility
RDVY vs. DGRO - Volatility Comparison
First Trust Rising Dividend Achievers ETF (RDVY) has a higher volatility of 7.03% compared to iShares Core Dividend Growth ETF (DGRO) at 3.23%. This indicates that RDVY's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.