Correlation
The correlation between RNDV and RDVY is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
RNDV vs. RDVY
Compare and contrast key facts about US Equity Dividend Select ETF (RNDV) and First Trust Rising Dividend Achievers ETF (RDVY).
RNDV and RDVY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RNDV is a passively managed fund by First Trust that tracks the performance of the Nasdaq Riskalyze US Large Cap Select Dividend Index. It was launched on Jun 20, 2017. 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. Both RNDV and RDVY 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: RNDV or RDVY.
Performance
RNDV vs. RDVY - Performance Comparison
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Key characteristics
RNDV:
0.27
RDVY:
0.59
RNDV:
0.54
RDVY:
0.95
RNDV:
1.07
RDVY:
1.12
RNDV:
0.27
RDVY:
0.62
RNDV:
0.90
RDVY:
2.09
RNDV:
5.88%
RDVY:
5.62%
RNDV:
18.29%
RDVY:
21.11%
RNDV:
-37.45%
RDVY:
-40.60%
RNDV:
-7.61%
RDVY:
-5.64%
Returns By Period
In the year-to-date period, RNDV achieves a 0.14% return, which is significantly lower than RDVY's 2.21% return.
RNDV
0.14%
4.73%
-7.23%
3.89%
5.22%
12.64%
N/A
RDVY
2.21%
5.34%
-5.53%
10.82%
10.80%
16.96%
12.35%
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RNDV vs. RDVY - Expense Ratio Comparison
Both RNDV and RDVY have an expense ratio of 0.50%.
Risk-Adjusted Performance
RNDV vs. RDVY — Risk-Adjusted Performance Rank
RNDV
RDVY
RNDV vs. RDVY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Equity Dividend Select ETF (RNDV) and First Trust Rising Dividend Achievers ETF (RDVY). 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.
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Dividends
RNDV vs. RDVY - Dividend Comparison
RNDV's dividend yield for the trailing twelve months is around 2.64%, more than RDVY's 1.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNDV US Equity Dividend Select ETF | 2.64% | 2.55% | 3.10% | 2.52% | 1.95% | 2.44% | 2.85% | 0.47% | 0.24% | 0.00% | 0.00% | 0.00% |
RDVY First Trust Rising Dividend Achievers ETF | 1.67% | 1.65% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% | 1.91% |
Drawdowns
RNDV vs. RDVY - Drawdown Comparison
The maximum RNDV drawdown since its inception was -37.45%, smaller than the maximum RDVY drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for RNDV and RDVY.
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Volatility
RNDV vs. RDVY - Volatility Comparison
US Equity Dividend Select ETF (RNDV) has a higher volatility of 5.73% compared to First Trust Rising Dividend Achievers ETF (RDVY) at 5.26%. This indicates that RNDV's price experiences larger fluctuations and is considered to be riskier than RDVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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