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SPLV vs. DGRW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SPLV vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500® Low Volatility ETF (SPLV) and WisdomTree U.S. Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
11.75%
9.76%
SPLV
DGRW

Returns By Period

In the year-to-date period, SPLV achieves a 18.26% return, which is significantly lower than DGRW's 20.15% return. Over the past 10 years, SPLV has underperformed DGRW with an annualized return of 9.28%, while DGRW has yielded a comparatively higher 12.76% annualized return.


SPLV

YTD

18.26%

1M

-0.22%

6M

11.74%

1Y

22.93%

5Y (annualized)

7.13%

10Y (annualized)

9.28%

DGRW

YTD

20.15%

1M

-1.43%

6M

9.76%

1Y

27.16%

5Y (annualized)

14.36%

10Y (annualized)

12.76%

Key characteristics


SPLVDGRW
Sharpe Ratio2.482.57
Sortino Ratio3.453.56
Omega Ratio1.451.48
Calmar Ratio2.364.35
Martin Ratio16.4416.32
Ulcer Index1.39%1.67%
Daily Std Dev9.22%10.63%
Max Drawdown-36.26%-32.04%
Current Drawdown-0.82%-2.61%

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SPLV vs. DGRW - Expense Ratio Comparison

SPLV has a 0.25% expense ratio, which is lower than DGRW's 0.28% expense ratio.


DGRW
WisdomTree U.S. Dividend Growth Fund
Expense ratio chart for DGRW: current value at 0.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.28%
Expense ratio chart for SPLV: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Correlation

-0.50.00.51.00.8

The correlation between SPLV and DGRW is 0.79, 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.

Risk-Adjusted Performance

SPLV vs. DGRW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Low Volatility ETF (SPLV) and WisdomTree U.S. Dividend Growth Fund (DGRW). 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.


Sharpe ratio
The chart of Sharpe ratio for SPLV, currently valued at 2.48, compared to the broader market0.002.004.002.482.57
The chart of Sortino ratio for SPLV, currently valued at 3.45, compared to the broader market-2.000.002.004.006.008.0010.003.453.56
The chart of Omega ratio for SPLV, currently valued at 1.45, compared to the broader market0.501.001.502.002.503.001.451.48
The chart of Calmar ratio for SPLV, currently valued at 2.36, compared to the broader market0.005.0010.0015.002.364.35
The chart of Martin ratio for SPLV, currently valued at 16.44, compared to the broader market0.0020.0040.0060.0080.00100.0016.4416.32
SPLV
DGRW

The current SPLV Sharpe Ratio is 2.48, which is comparable to the DGRW Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of SPLV and DGRW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.48
2.57
SPLV
DGRW

Dividends

SPLV vs. DGRW - Dividend Comparison

SPLV's dividend yield for the trailing twelve months is around 1.90%, more than DGRW's 1.52% yield.


TTM20232022202120202019201820172016201520142013
SPLV
Invesco S&P 500® Low Volatility ETF
1.90%2.45%2.11%1.50%2.13%2.08%2.17%2.03%2.03%2.28%2.20%2.60%
DGRW
WisdomTree U.S. Dividend Growth Fund
1.52%1.74%2.15%1.78%1.91%2.20%2.42%1.73%2.13%2.18%1.79%1.06%

Drawdowns

SPLV vs. DGRW - Drawdown Comparison

The maximum SPLV drawdown since its inception was -36.26%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for SPLV and DGRW. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.82%
-2.61%
SPLV
DGRW

Volatility

SPLV vs. DGRW - Volatility Comparison

The current volatility for Invesco S&P 500® Low Volatility ETF (SPLV) is 2.92%, while WisdomTree U.S. Dividend Growth Fund (DGRW) has a volatility of 3.66%. This indicates that SPLV experiences smaller price fluctuations and is considered to be less risky than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.92%
3.66%
SPLV
DGRW