RDVY vs. DVY
Compare and contrast key facts about First Trust Rising Dividend Achievers ETF (RDVY) and iShares Select Dividend ETF (DVY).
RDVY and DVY 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. DVY is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Dividend Index. It was launched on Nov 3, 2003. Both RDVY and DVY 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 DVY.
Correlation
The correlation between RDVY and DVY is 0.81, 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. DVY - Performance Comparison
Key characteristics
RDVY:
1.07
DVY:
1.24
RDVY:
1.61
DVY:
1.75
RDVY:
1.20
DVY:
1.22
RDVY:
1.90
DVY:
1.80
RDVY:
6.59
DVY:
6.79
RDVY:
2.52%
DVY:
2.30%
RDVY:
15.55%
DVY:
12.58%
RDVY:
-40.60%
DVY:
-62.59%
RDVY:
-8.72%
DVY:
-8.68%
Returns By Period
The year-to-date returns for both stocks are quite close, with RDVY having a 15.11% return and DVY slightly lower at 14.83%. Over the past 10 years, RDVY has outperformed DVY with an annualized return of 12.36%, while DVY has yielded a comparatively lower 8.83% annualized return.
RDVY
15.11%
-5.27%
7.66%
15.18%
12.32%
12.36%
DVY
14.83%
-5.89%
10.38%
14.74%
8.17%
8.83%
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RDVY vs. DVY - Expense Ratio Comparison
RDVY has a 0.50% expense ratio, which is higher than DVY's 0.39% expense ratio.
Risk-Adjusted Performance
RDVY vs. DVY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Rising Dividend Achievers ETF (RDVY) and iShares Select Dividend ETF (DVY). 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. DVY - Dividend Comparison
RDVY's dividend yield for the trailing twelve months is around 1.73%, less than DVY's 4.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RDVY First Trust Rising Dividend Achievers ETF | 1.73% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% | 1.91% | 0.00% |
DVY iShares Select Dividend ETF | 3.70% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% | 3.03% | 3.06% |
Drawdowns
RDVY vs. DVY - Drawdown Comparison
The maximum RDVY drawdown since its inception was -40.60%, smaller than the maximum DVY drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for RDVY and DVY. For additional features, visit the drawdowns tool.
Volatility
RDVY vs. DVY - Volatility Comparison
First Trust Rising Dividend Achievers ETF (RDVY) has a higher volatility of 4.55% compared to iShares Select Dividend ETF (DVY) at 4.01%. This indicates that RDVY's price experiences larger fluctuations and is considered to be riskier than DVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.