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SURE vs. HDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SURE vs. HDV

Last updated Jun 24, 2026

SURE (AdvisorShares Insider Advantage ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - SURE is a Large Cap Value Equities fund actively managed by AdvisorShares, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. SURE is actively managed, while HDV is passively managed. Over the past 10 years, SURE returned 11.41%/yr vs 9.45%/yr for HDV. A 0.69 correlation means they provide meaningful diversification when combined. SURE charges 0.90%/yr vs 0.08%/yr for HDV.

Performance

SURE vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Insider Advantage ETF (SURE) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SURE achieves a 12.58% return, which is significantly lower than HDV's 14.07% return. Over the past 10 years, SURE has outperformed HDV with an annualized return of 11.41%, while HDV has yielded a comparatively lower 9.45% annualized return.

SURE

1D
-0.61%
1M
3.19%
YTD
12.58%
6M
11.25%
1Y
25.13%
3Y*
17.32%
5Y*
9.76%
10Y*
11.41%

HDV

1D
1.33%
1M
-1.35%
YTD
14.07%
6M
14.08%
1Y
21.06%
3Y*
15.48%
5Y*
11.09%
10Y*
9.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SURE vs. HDV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SURE
AdvisorShares Insider Advantage ETF		12.58%10.58%12.17%23.30%-11.24%23.87%8.76%28.89%-17.03%13.16%
HDV
iShares Core High Dividend ETF		14.07%11.90%14.16%1.72%7.05%19.45%-6.48%20.22%-3.01%13.40%

Correlation

The correlation between SURE and HDV is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.34

Correlation (3Y)
Calculated over the trailing 3-year period

0.53

Correlation (5Y)
Calculated over the trailing 5-year period

0.66

Correlation (10Y)
Calculated over the trailing 10-year period

0.70

Correlation (All Time)
Calculated using the full available price history since Oct 5, 2011

0.69

Over the past year, the correlation between SURE and HDV has dropped to 0.34 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

SURE vs. HDV - Sectors Allocation Comparison

Sectors
SURE
HDV

Technology

26.2%
0.2%

Consumer Cyclical

19.3%
9.2%

Industrials

13.7%
3.5%

Financial Services

13.2%
4.7%

Energy

9.2%
20.2%

Communication Services

8.1%
5.7%

Healthcare

5.3%
22.6%

Utilities

1.8%
8.1%

Basic Materials

1.0%
0.8%

Consumer Defensive

0.9%
24.5%

Real Estate

0.8%

-

Technology

SURE
26.2%
HDV
0.2%

Consumer Cyclical

SURE
19.3%
HDV
9.2%

Industrials

SURE
13.7%
HDV
3.5%

Financial Services

SURE
13.2%
HDV
4.7%

Energy

SURE
9.2%
HDV
20.2%

Communication Services

SURE
8.1%
HDV
5.7%

Healthcare

SURE
5.3%
HDV
22.6%

Utilities

SURE
1.8%
HDV
8.1%

Basic Materials

SURE
1.0%
HDV
0.8%

Consumer Defensive

SURE
0.9%
HDV
24.5%

Real Estate

SURE
0.8%
HDV

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

AdvisorShares Insider Advantage ETF

iShares Core High Dividend ETF

Often compared with SURE:
SURE vs. VGTSURE vs. SPLVSURE vs. BEDZSURE vs. VOOSURE vs. IGFSURE vs. AADRSURE vs. QPX
Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY

Return for Risk

SURE vs. HDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SURE
SURE Risk / Return Rank: 6767
Overall Rank
SURE Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
SURE Sortino Ratio Rank: 6666
Sortino Ratio Rank
SURE Omega Ratio Rank: 5858
Omega Ratio Rank
SURE Calmar Ratio Rank: 7575
Calmar Ratio Rank
SURE Martin Ratio Rank: 7575
Martin Ratio Rank
HDV
HDV Risk / Return Rank: 7070
Overall Rank
HDV Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 7373
Sortino Ratio Rank
HDV Omega Ratio Rank: 6262
Omega Ratio Rank
HDV Calmar Ratio Rank: 8181
Calmar Ratio Rank
HDV Martin Ratio Rank: 6464
Martin Ratio Rank
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.

SURE vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Insider Advantage ETF (SURE) and iShares Core High Dividend ETF (HDV). 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.

SUREHDVDifference
Sharpe ratioReturn per unit of total volatility
1.91
2.13

-0.22

Sortino ratioReturn per unit of downside risk
2.80
3.13

-0.33

Omega ratioGain probability vs. loss probability

1.33

1.36

-0.04

Calmar ratioReturn relative to maximum drawdown

3.56

4.09

-0.53

Martin ratioReturn relative to average drawdown

13.07

11.19

+1.89

SURE vs. HDV - Sharpe Ratio Comparison

The current SURE Sharpe Ratio is 1.91, which is comparable to the HDV Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of SURE and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SURE vs. HDV - Drawdown Comparison

The maximum SURE drawdown since its inception was -35.68%, roughly equal to the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for SURE and HDV.

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Drawdown Indicators

SUREHDVDifference

Max Drawdown

Largest peak-to-trough decline

-35.68%

-37.04%

+1.36%

Max Drawdown (1Y)

Largest decline over 1 year

-7.10%

-5.18%

-1.92%

Max Drawdown (3Y)

Largest decline over 3 years

-21.54%

-10.49%

-11.05%

Max Drawdown (5Y)

Largest decline over 5 years

-23.75%

-15.42%

-8.33%

Max Drawdown (10Y)

Largest decline over 10 years

-35.68%

-37.04%

+1.36%

Current Drawdown

Current decline from peak

-1.68%

-1.35%

-0.33%

Average Drawdown

Average peak-to-trough decline

-4.83%

-3.08%

-1.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.93%

1.89%

+0.04%

Volatility

SURE vs. HDV - Volatility Comparison

AdvisorShares Insider Advantage ETF (SURE) has a higher volatility of 4.16% compared to iShares Core High Dividend ETF (HDV) at 3.64%. This indicates that SURE's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SUREHDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.16%

3.64%

+0.52%

Volatility (6M)

Calculated over the trailing 6-month period

9.77%

7.61%

+2.16%

Volatility (1Y)

Calculated over the trailing 1-year period

13.23%

9.93%

+3.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.14%

12.81%

+4.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.56%

15.73%

+1.83%

SURE vs. HDV - Expense Ratio Comparison

SURE has a 0.90% expense ratio, which is higher than HDV's 0.08% expense ratio.

Dividends

SURE vs. HDV - Dividend Comparison

SURE's dividend yield for the trailing twelve months is around 0.90%, less than HDV's 2.90% yield.

PositionTTM20252024202320222021202020192018201720162015
HDV
iShares Core High Dividend ETF		2.90%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%
SURE
AdvisorShares Insider Advantage ETF		0.90%1.01%0.68%1.11%1.72%1.08%1.28%1.09%1.26%0.65%1.14%0.77%

Frequently Asked Questions

SURE and HDV have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SURE has higher volatility (4.16%) compared to HDV (3.64%). In terms of maximum drawdown, SURE dropped -35.68% vs HDV's -37.04%.

On 10-year performance, SURE leads with 11.41% vs 9.45% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 3.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SURE has performed better with a 11.41% return vs 9.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

HDV is cheaper with a 0.08% expense ratio, compared with 0.90% for SURE.

HDV has the higher dividend yield at 2.90%, compared with 0.90% for SURE.

SURE is categorized as Large Cap Value Equities, while HDV is Dividend. They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 0.90% for SURE and 0.08% for HDV.

HDV currently has the higher Sharpe Ratio (2.13 vs 1.91), 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.

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