RFDA vs. DIVB
RFDA (RiverFront Dynamic US Dividend Advantage ETF) and DIVB (iShares Core Dividend ETF) are both exchange-traded funds - RFDA is a Large Cap Growth Equities fund actively managed by SS&C, while DIVB is a Dividend fund tracking the Morningstar US Dividend and Buyback Index. RFDA is actively managed, while DIVB is passively managed. Over the past 5 years, RFDA returned 12.98%/yr vs 12.32%/yr for DIVB. Their correlation of 0.85 suggests significant overlap in exposure. RFDA charges 0.52%/yr vs 0.05%/yr for DIVB.
Performance
RFDA vs. DIVB - Performance Comparison
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Returns By Period
In the year-to-date period, RFDA achieves a 10.53% return, which is significantly lower than DIVB's 15.96% return.
RFDA
- 1D
- 0.15%
- 1M
- 0.14%
- YTD
- 10.53%
- 6M
- 10.30%
- 1Y
- 27.30%
- 3Y*
- 18.71%
- 5Y*
- 12.98%
- 10Y*
- 13.37%
DIVB
- 1D
- 0.07%
- 1M
- 0.62%
- YTD
- 15.96%
- 6M
- 15.17%
- 1Y
- 27.44%
- 3Y*
- 21.34%
- 5Y*
- 12.32%
- 10Y*
- —
RFDA vs. DIVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RFDA RiverFront Dynamic US Dividend Advantage ETF | 10.53% | 16.42% | 20.12% | 16.98% | -8.58% | 25.94% | 11.26% | 27.15% | -9.27% | 3.82% |
DIVB iShares Core Dividend ETF | 15.96% | 15.09% | 18.59% | 13.27% | -10.51% | 31.29% | 10.78% | 32.72% | -8.16% | 5.95% |
Correlation
The correlation between RFDA and DIVB is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017 | 0.85 |
The correlation between RFDA and DIVB shifts across timeframes, from 0.70 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RFDA vs. DIVB — Risk / Return Rank
RFDA
DIVB
RFDA vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Dynamic US Dividend Advantage ETF (RFDA) and iShares Core Dividend ETF (DIVB). 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.
| RFDA | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.42 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 5.04 | 4.04 | +1.00 |
| Martin ratioReturn relative to average drawdown | 18.04 | 13.51 | +4.52 |
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Drawdowns
RFDA vs. DIVB - Drawdown Comparison
The maximum RFDA drawdown since its inception was -34.60%, smaller than the maximum DIVB drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for RFDA and DIVB.
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Drawdown Indicators
| RFDA | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.60% | -36.93% | +2.33% |
Max Drawdown (1Y)Largest decline over 1 year | -5.45% | -6.82% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | -15.45% | -3.90% |
Max Drawdown (5Y)Largest decline over 5 years | -19.35% | -21.08% | +1.73% |
Max Drawdown (10Y)Largest decline over 10 years | -34.60% | — | — |
Current DrawdownCurrent decline from peak | -1.89% | -2.10% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -3.73% | -4.97% | +1.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 2.04% | -0.52% |
Volatility
RFDA vs. DIVB - Volatility Comparison
The current volatility for RiverFront Dynamic US Dividend Advantage ETF (RFDA) is 3.31%, while iShares Core Dividend ETF (DIVB) has a volatility of 4.61%. This indicates that RFDA experiences smaller price fluctuations and is considered to be less risky than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RFDA | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 4.61% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 8.79% | 8.81% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.75% | 11.69% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.75% | 15.26% | +0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.87% | 18.36% | -1.49% |
RFDA vs. DIVB - Expense Ratio Comparison
RFDA has a 0.52% expense ratio, which is higher than DIVB's 0.05% expense ratio.
Dividends
RFDA vs. DIVB - Dividend Comparison
RFDA's dividend yield for the trailing twelve months is around 1.80%, less than DIVB's 2.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares Core Dividend ETF | 2.29% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% | 0.00% |
RFDA RiverFront Dynamic US Dividend Advantage ETF | 1.80% | 1.89% | 2.23% | 2.68% | 3.57% | 1.44% | 1.62% | 1.87% | 2.44% | 1.90% | 0.98% |
Frequently Asked Questions
RFDA and DIVB have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIVB has higher volatility (4.61%) compared to RFDA (3.31%). In terms of maximum drawdown, RFDA dropped -34.60% vs DIVB's -36.93%.
On 5-year performance, RFDA leads with 12.98% vs 12.32% for DIVB. On fees, DIVB is cheaper at 0.05% per year. On volatility, RFDA has been the lower-risk option at 3.31%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, RFDA has performed better with a 12.98% return vs 12.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIVB is cheaper with a 0.05% expense ratio, compared with 0.52% for RFDA.
DIVB has the higher dividend yield at 2.29%, compared with 1.80% for RFDA.
RFDA is categorized as Large Cap Growth Equities, while DIVB is Dividend. They also come from different issuers: SS&C and iShares. Their fees differ too: 0.52% for RFDA and 0.05% for DIVB.
DIVB currently has the higher Sharpe Ratio (2.36 vs 2.34), 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.
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