REVS vs. ELCV

Last updated Jun 26, 2026

REVS (Columbia Research Enhanced Value ETF) and ELCV (Eventide High Dividend ETF) are both Large Cap Value Equities funds. REVS is passively managed, while ELCV is actively managed. Over the past year, REVS returned 25.40% vs 34.24% for ELCV. A 0.76 correlation means they provide meaningful diversification when combined. REVS charges 0.19%/yr vs 0.49%/yr for ELCV.

Performance

REVS vs. ELCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Research Enhanced Value ETF (REVS) and Eventide High Dividend ETF (ELCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REVS achieves a 12.34% return, which is significantly lower than ELCV's 24.96% return.

REVS

• 1D: 0.57%
• 1M: 0.69%
• YTD: 12.34%
• 6M: 10.94%
• 1Y: 25.40%
• 3Y*: 18.27%
• 5Y*: 11.72%
• 10Y*: —

ELCV

• 1D: 1.65%
• 1M: 4.06%
• YTD: 24.96%
• 6M: 23.77%
• 1Y: 34.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

REVS vs. ELCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
REVS Columbia Research Enhanced Value ETF	12.34%	16.80%	-0.75%
ELCV Eventide High Dividend ETF	24.96%	9.96%	-0.64%

Correlation

The correlation between REVS and ELCV is 0.76, 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	0.76
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024	0.76

The correlation between REVS and ELCV has been stable across timeframes, ranging from 0.76 to 0.76 - a consistent structural relationship.

Return for Risk

REVS vs. ELCV — Risk / Return Rank

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

REVS

REVS Risk / Return Rank: 79
REVS Sharpe Ratio Rank: 80
REVS Sortino Ratio Rank: 82
REVS Omega Ratio Rank: 74
REVS Calmar Ratio Rank: 80
REVS Martin Ratio Rank: 79

ELCV

ELCV Risk / Return Rank: 93
ELCV Sharpe Ratio Rank: 93
ELCV Sortino Ratio Rank: 92
ELCV Omega Ratio Rank: 90
ELCV Calmar Ratio Rank: 95
ELCV Martin Ratio Rank: 94

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.

REVS vs. ELCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Research Enhanced Value ETF (REVS) and Eventide High Dividend ETF (ELCV). 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.

	REVS	ELCV	Difference
Sharpe ratio: Return per unit of total volatility	2.22	2.86	-0.65
Sortino ratio: Return per unit of downside risk	3.20	3.87	-0.67
Omega ratio: Gain probability vs. loss probability	1.38	1.50	-0.12
Calmar ratio: Return relative to maximum drawdown	3.68	6.81	-3.13
Martin ratio: Return relative to average drawdown	13.35	23.80	-10.45

REVS vs. ELCV - Sharpe Ratio Comparison

The current REVS Sharpe Ratio is 2.22, which is comparable to the ELCV Sharpe Ratio of 2.86. The chart below compares the historical Sharpe Ratios of REVS and ELCV, 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

REVS vs. ELCV - Drawdown Comparison

The maximum REVS drawdown since its inception was -37.85%, which is greater than ELCV's maximum drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for REVS and ELCV.

Drawdown Indicators

	REVS	ELCV	Difference
Max Drawdown Largest peak-to-trough decline	-37.85%	-18.38%	-19.47%
Max Drawdown (1Y) Largest decline over 1 year	-6.94%	-5.05%	-1.89%
Max Drawdown (3Y) Largest decline over 3 years	-16.37%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.04%	—	—
Current Drawdown Current decline from peak	-0.73%	0.00%	-0.73%
Average Drawdown Average peak-to-trough decline	-4.62%	-3.64%	-0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	1.44%	+0.47%

Volatility

REVS vs. ELCV - Volatility Comparison

The current volatility for Columbia Research Enhanced Value ETF (REVS) is 3.09%, while Eventide High Dividend ETF (ELCV) has a volatility of 4.72%. This indicates that REVS experiences smaller price fluctuations and is considered to be less risky than ELCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REVS	ELCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.09%	4.72%	-1.63%
Volatility (6M) Calculated over the trailing 6-month period	8.45%	9.34%	-0.89%
Volatility (1Y) Calculated over the trailing 1-year period	11.52%	12.04%	-0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.90%	15.47%	-0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.07%	15.47%	+3.60%

REVS vs. ELCV - Expense Ratio Comparison

REVS has a 0.19% expense ratio, which is lower than ELCV's 0.49% expense ratio.

Dividends

REVS vs. ELCV - Dividend Comparison

REVS's dividend yield for the trailing twelve months is around 1.90%, more than ELCV's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ELCV Eventide High Dividend ETF	1.71%	2.34%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%
REVS Columbia Research Enhanced Value ETF	1.90%	2.13%	1.89%	2.49%	2.46%	1.18%	27.75%	0.70%

Frequently Asked Questions

Can I hold both REVS and ELCV in my portfolio?

REVS and ELCV have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REVS or ELCV?

ELCV has higher volatility (4.72%) compared to REVS (3.09%). In terms of maximum drawdown, REVS dropped -37.85% vs ELCV's -18.38%.

Which ETF is better, REVS or ELCV?

On 1-year performance, ELCV leads with 34.24% vs 25.40% for REVS. On fees, REVS is cheaper at 0.19% per year. On volatility, REVS has been the lower-risk option at 3.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REVS or ELCV?

Over the 1-year period, ELCV has performed better with a 34.24% return vs 25.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REVS or ELCV?

REVS is cheaper with a 0.19% expense ratio, compared with 0.49% for ELCV.

Which ETF pays a higher dividend yield, REVS or ELCV?

REVS has the higher dividend yield at 1.90%, compared with 1.71% for ELCV.

What is the main difference between REVS and ELCV?

They also come from different issuers: Ameriprise Financial and Eventide. Their fees differ too: 0.19% for REVS and 0.49% for ELCV.

Which has better risk-adjusted returns?

ELCV currently has the higher Sharpe Ratio (2.86 vs 2.22), 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.