SDVD vs. IGLD

Last updated Jun 4, 2026

SDVD (FT Vest SMID Rising Dividend Achievers Target Income ETF) and IGLD (FT Cboe Vest Gold Strategy Target Income ETF) are both exchange-traded funds - SDVD is a Derivative Income fund tracking the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index, while IGLD is a Precious Metals fund actively managed by First Trust. SDVD is passively managed, while IGLD is actively managed. Over the past year, SDVD returned 19.64% vs 24.53% for IGLD. At a 0.11 correlation, their price movements are largely independent. Both charge a 0.85% expense ratio.

Performance

SDVD vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDVD achieves a 7.75% return, which is significantly higher than IGLD's 1.69% return.

SDVD

• 1D: -0.22%
• 1M: -1.53%
• YTD: 7.75%
• 6M: 8.14%
• 1Y: 19.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGLD

• 1D: -0.81%
• 1M: -1.33%
• YTD: 1.69%
• 6M: 4.44%
• 1Y: 24.53%
• 3Y*: 23.01%
• 5Y*: 13.02%
• 10Y*: —

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

SDVD vs. IGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	7.75%	8.66%	11.82%	10.25%
IGLD FT Cboe Vest Gold Strategy Target Income ETF	1.69%	47.46%	19.36%	5.15%

Correlation

The correlation between SDVD and IGLD is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (All Time) Calculated using the full available price history since Aug 11, 2023	0.11

Return for Risk

SDVD vs. IGLD — Risk / Return Rank

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

SDVD

SDVD Risk / Return Rank: 43
SDVD Sharpe Ratio Rank: 39
SDVD Sortino Ratio Rank: 43
SDVD Omega Ratio Rank: 38
SDVD Calmar Ratio Rank: 47
SDVD Martin Ratio Rank: 47

IGLD

IGLD Risk / Return Rank: 28
IGLD Sharpe Ratio Rank: 28
IGLD Sortino Ratio Rank: 27
IGLD Omega Ratio Rank: 32
IGLD Calmar Ratio Rank: 28
IGLD Martin Ratio Rank: 27

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.

SDVD vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). 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.

	SDVD	IGLD	Difference
Sharpe ratio: Return per unit of total volatility	1.38	1.06	+0.32
Sortino ratio: Return per unit of downside risk	2.13	1.47	+0.66
Omega ratio: Gain probability vs. loss probability	1.25	1.22	+0.03
Calmar ratio: Return relative to maximum drawdown	2.25	1.40	+0.85
Martin ratio: Return relative to average drawdown	7.65	3.82	+3.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDVD vs. IGLD - Sharpe Ratio Comparison

The current SDVD Sharpe Ratio is 1.38, which is higher than the IGLD Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of SDVD and IGLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SDVD	IGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	1.06	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.94	-0.17

Drawdowns

SDVD vs. IGLD - Drawdown Comparison

The maximum SDVD drawdown since its inception was -24.17%, which is greater than IGLD's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for SDVD and IGLD.

Drawdown Indicators

	SDVD	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-24.17%	-18.59%	-5.58%
Max Drawdown (1Y) Largest decline over 1 year	-8.76%	-17.56%	+8.80%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.59%	—
Current Drawdown Current decline from peak	-3.31%	-15.16%	+11.85%
Average Drawdown Average peak-to-trough decline	-4.86%	-5.24%	+0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	6.43%	-3.86%

Volatility

SDVD vs. IGLD - Volatility Comparison

The current volatility for FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) is 3.78%, while FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a volatility of 5.12%. This indicates that SDVD experiences smaller price fluctuations and is considered to be less risky than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDVD	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	5.12%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	10.33%	21.01%	-10.68%
Volatility (1Y) Calculated over the trailing 1-year period	14.31%	23.24%	-8.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.19%	15.17%	+3.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.19%	15.00%	+3.19%

SDVD vs. IGLD - Expense Ratio Comparison

Both SDVD and IGLD have an expense ratio of 0.85%.

Dividends

SDVD vs. IGLD - Dividend Comparison

SDVD's dividend yield for the trailing twelve months is around 8.95%, less than IGLD's 17.92% yield.

Position	TTM	2025	2024	2023	2022	2021
IGLD FT Cboe Vest Gold Strategy Target Income ETF	17.92%	9.91%	20.81%	7.85%	4.45%	2.24%
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	8.95%	8.36%	9.26%	3.18%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SDVD and IGLD in my portfolio?

SDVD and IGLD have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDVD or IGLD?

IGLD has higher volatility (5.12%) compared to SDVD (3.78%). In terms of maximum drawdown, SDVD dropped -24.17% vs IGLD's -18.59%.

Which ETF is better, SDVD or IGLD?

On 1-year performance, IGLD leads with 24.53% vs 19.64% for SDVD. Both ETFs have the same 0.85% expense ratio. On volatility, SDVD has been the lower-risk option at 3.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDVD or IGLD?

Over the 1-year period, IGLD has performed better with a 24.53% return vs 19.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDVD or IGLD?

SDVD and IGLD have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, SDVD or IGLD?

IGLD has the higher dividend yield at 17.92%, compared with 8.95% for SDVD.

What is the main difference between SDVD and IGLD?

SDVD is categorized as Derivative Income, while IGLD is Precious Metals.

Which has better risk-adjusted returns?

SDVD currently has the higher Sharpe Ratio (1.38 vs 1.06), 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.