SPXD vs. DIVZ
SPXD (Xtrackers S&P 500 Diversified Sector Weight ETF) and DIVZ (Opal Dividend Income ETF) are both Large Cap Value Equities funds. SPXD is passively managed, while DIVZ is actively managed. A 0.61 correlation means they provide meaningful diversification when combined. SPXD charges 0.09%/yr vs 0.65%/yr for DIVZ.
Performance
SPXD vs. DIVZ - Performance Comparison
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Returns By Period
In the year-to-date period, SPXD achieves a 10.76% return, which is significantly higher than DIVZ's 5.36% return.
SPXD
- 1D
- 0.31%
- 1M
- 1.45%
- YTD
- 10.76%
- 6M
- 9.67%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DIVZ
- 1D
- 0.78%
- 1M
- 0.39%
- YTD
- 5.36%
- 6M
- 4.44%
- 1Y
- 12.94%
- 3Y*
- 15.50%
- 5Y*
- 9.39%
- 10Y*
- —
SPXD vs. DIVZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF | 10.76% | 4.54% |
DIVZ Opal Dividend Income ETF | 5.36% | 2.73% |
Correlation
The correlation between SPXD and DIVZ is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025 | 0.61 |
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Return for Risk
SPXD vs. DIVZ — Risk / Return Rank
SPXD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DIVZ
SPXD vs. DIVZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) and Opal Dividend Income ETF (DIVZ). 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.
| SPXD | DIVZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.23 | — |
| Martin ratioReturn relative to average drawdown | — | 5.26 | — |
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Drawdowns
SPXD vs. DIVZ - Drawdown Comparison
The maximum SPXD drawdown since its inception was -7.53%, smaller than the maximum DIVZ drawdown of -15.42%. Use the drawdown chart below to compare losses from any high point for SPXD and DIVZ.
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Drawdown Indicators
| SPXD | DIVZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.53% | -15.42% | +7.89% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.83% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.52% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Current DrawdownCurrent decline from peak | -0.59% | -2.41% | +1.82% |
Average DrawdownAverage peak-to-trough decline | -1.21% | -3.48% | +2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.46% | — |
Volatility
SPXD vs. DIVZ - Volatility Comparison
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Volatility by Period
| SPXD | DIVZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.28% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.84% | 9.48% | +1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.84% | 12.63% | -1.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.84% | 12.56% | -1.72% |
SPXD vs. DIVZ - Expense Ratio Comparison
SPXD has a 0.09% expense ratio, which is lower than DIVZ's 0.65% expense ratio.
Dividends
SPXD vs. DIVZ - Dividend Comparison
SPXD's dividend yield for the trailing twelve months is around 1.40%, less than DIVZ's 2.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DIVZ Opal Dividend Income ETF | 2.54% | 2.60% | 2.63% | 3.66% | 3.23% | 3.83% |
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF | 1.40% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPXD and DIVZ have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPXD is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPXD is cheaper with a 0.09% expense ratio, compared with 0.65% for DIVZ.
DIVZ has the higher dividend yield at 2.54%, compared with 1.40% for SPXD.
They also come from different issuers: Xtrackers and TrueShares. Their fees differ too: 0.09% for SPXD and 0.65% for DIVZ.
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