SPXD vs. MDLV
SPXD (Xtrackers S&P 500 Diversified Sector Weight ETF) and MDLV (Morgan Dempsey Large Cap Value ETF) are both Large Cap Value Equities funds. SPXD is passively managed, while MDLV is actively managed. A 0.70 correlation means they provide meaningful diversification when combined. SPXD charges 0.09%/yr vs 0.58%/yr for MDLV.
Performance
SPXD vs. MDLV - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SPXD having a 10.76% return and MDLV slightly lower at 10.54%.
SPXD
- 1D
- 0.31%
- 1M
- 1.45%
- YTD
- 10.76%
- 6M
- 9.67%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MDLV
- 1D
- 0.53%
- 1M
- -0.15%
- YTD
- 10.54%
- 6M
- 9.98%
- 1Y
- 19.70%
- 3Y*
- 12.84%
- 5Y*
- —
- 10Y*
- —
SPXD vs. MDLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF | 10.76% | 4.54% |
MDLV Morgan Dempsey Large Cap Value ETF | 10.54% | 3.63% |
Correlation
The correlation between SPXD and MDLV 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 (All Time) Calculated using the full available price history since Jul 24, 2025 | 0.70 |
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Return for Risk
SPXD vs. MDLV — Risk / Return Rank
SPXD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MDLV
SPXD vs. MDLV - 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 Morgan Dempsey Large Cap Value ETF (MDLV). 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 | MDLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.64 | — |
| Martin ratioReturn relative to average drawdown | — | 14.27 | — |
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Drawdowns
SPXD vs. MDLV - Drawdown Comparison
The maximum SPXD drawdown since its inception was -7.53%, smaller than the maximum MDLV drawdown of -10.71%. Use the drawdown chart below to compare losses from any high point for SPXD and MDLV.
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Drawdown Indicators
| SPXD | MDLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.53% | -10.71% | +3.18% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.27% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.71% | — |
Current DrawdownCurrent decline from peak | -0.59% | -1.57% | +0.98% |
Average DrawdownAverage peak-to-trough decline | -1.21% | -2.27% | +1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.38% | — |
Volatility
SPXD vs. MDLV - Volatility Comparison
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Volatility by Period
| SPXD | MDLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.98% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.75% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.84% | 8.94% | +1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.84% | 10.51% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.84% | 10.51% | +0.33% |
SPXD vs. MDLV - Expense Ratio Comparison
SPXD has a 0.09% expense ratio, which is lower than MDLV's 0.58% expense ratio.
Dividends
SPXD vs. MDLV - Dividend Comparison
SPXD's dividend yield for the trailing twelve months is around 1.40%, less than MDLV's 2.79% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MDLV Morgan Dempsey Large Cap Value ETF | 2.79% | 3.00% | 2.78% | 2.35% |
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF | 1.40% | 0.76% | 0.00% | 0.00% |
Frequently Asked Questions
SPXD and MDLV 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.
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 0.58% for MDLV.
MDLV has the higher dividend yield at 2.79%, compared with 1.40% for SPXD.
They also come from different issuers: Xtrackers and Morgan Dempsey. Their fees differ too: 0.09% for SPXD and 0.58% for MDLV.
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