TDIV vs. AIVC

Last updated Aug 5, 2026

TDIV (First Trust NASDAQ Technology Dividend Index Fund) and AIVC (Amplify Bloomberg AI Value Chain ETF) are both Technology Equities funds - TDIV tracks the NASDAQ Technology Dividend Index while AIVC tracks the Bloomberg AI Value Chain Index. Both are passively managed. Over the past 10 years, TDIV returned 17.38%/yr vs 15.61%/yr for AIVC. Their 0.71 correlation means they have sometimes moved together and sometimes differently. TDIV charges 0.50%/yr vs 0.59%/yr for AIVC.

Performance

TDIV vs. AIVC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ Technology Dividend Index Fund (TDIV) and Amplify Bloomberg AI Value Chain ETF (AIVC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TDIV achieves a 20.64% return, which is significantly lower than AIVC's 64.02% return. Over the past 10 years, TDIV has outperformed AIVC with an annualized return of 17.38%, while AIVC has yielded a comparatively lower 15.61% annualized return.

TDIV

• 1D: 3.50%
• 1M: 4.31%
• 6M: 19.61%
• YTD: 20.64%
• 1Y: 29.74%
• 3Y*: 27.65%
• 5Y*: 16.92%
• 10Y*: 17.38%
• ALL TIME*: 15.98%

AIVC

• 1D: 4.53%
• 1M: 4.59%
• 6M: 57.12%
• YTD: 64.02%
• 1Y: 102.13%
• 3Y*: 44.54%
• 5Y*: 16.57%
• 10Y*: 15.61%
• ALL TIME*: 15.83%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIVC Amplify Bloomberg AI Value Chain ETF	$719.86K	$1.17M	$2.81M
TDIV First Trust NASDAQ Technology Dividend Index Fund	$13.49M	$12.95M	$15.18M

TDIV vs. AIVC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TDIV First Trust NASDAQ Technology Dividend Index Fund	20.64%	25.27%	24.43%	36.71%	-22.13%	29.49%	17.55%	33.27%	-3.18%	21.95%
AIVC Amplify Bloomberg AI Value Chain ETF	64.02%	39.94%	18.22%	39.28%	-38.91%	-7.23%	41.45%	27.78%	-18.62%	35.42%

Correlation

The correlation between TDIV and AIVC is 0.88, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.88
Correlation (3Y) Balances recent behavior with more history.	0.81
Correlation (5Y) Shows whether the relationship held over a longer period.	0.78
Correlation (10Y) Provides a long-term view across more market conditions.	0.71
Correlation (All Time) Calculated using the full available price history since Mar 9, 2016	0.71

The correlation between TDIV and AIVC shifts across timeframes, from 0.71 (all time) to 0.88 (1 year), reflecting how their relationship changes across market environments.

TDIV vs. AIVC - Sectors Allocation Comparison

Sectors	TDIV	AIVC
Technology	83.2%	91.0%
Communication Services	15.0%	2.1%
Industrials	1.9%	1.7%
Basic Materials	-	-
Consumer Cyclical	-	5.0%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.0%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TDIV vs. AIVC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TDIV

TDIV Risk / Return Rank: 47
TDIV Sharpe Ratio Rank: 52
TDIV Sortino Ratio Rank: 49
TDIV Omega Ratio Rank: 48
TDIV Calmar Ratio Rank: 46
TDIV Martin Ratio Rank: 42

AIVC

AIVC Risk / Return Rank: 90
AIVC Sharpe Ratio Rank: 95
AIVC Sortino Ratio Rank: 88
AIVC Omega Ratio Rank: 87
AIVC Calmar Ratio Rank: 91
AIVC Martin Ratio Rank: 89

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TDIV vs. AIVC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Technology Dividend Index Fund (TDIV) and Amplify Bloomberg AI Value Chain ETF (AIVC). 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.

	TDIV	AIVC	Difference
Sharpe ratio: Return per unit of total volatility	1.43	2.90	-1.47
Sortino ratio: Return per unit of downside risk	1.99	3.26	-1.27
Omega ratio: Gain probability vs. loss probability	1.25	1.41	-0.17
Calmar ratio: Return relative to maximum drawdown	1.83	4.41	-2.58
Martin ratio: Return relative to average drawdown	4.99	15.43	-10.44

TDIV vs. AIVC - Sharpe Ratio Comparison

The current TDIV Sharpe Ratio is 1.43, which is lower than the AIVC Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of TDIV and AIVC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TDIV vs. AIVC - Drawdown Comparison

The maximum TDIV drawdown since its inception was -31.97%, smaller than the maximum AIVC drawdown of -56.11%. Use the drawdown chart below to compare losses from any high point for TDIV and AIVC.

Drawdown Indicators

	TDIV	AIVC	Difference
Max Drawdown Largest peak-to-trough decline	-31.97%	-56.11%	+24.14%
Max Drawdown (1Y) Largest decline over 1 year	-16.34%	-23.29%	+6.95%
Max Drawdown (3Y) Largest decline over 3 years	-23.00%	-32.55%	+9.55%
Max Drawdown (5Y) Largest decline over 5 years	-31.97%	-53.58%	+21.61%
Max Drawdown (10Y) Largest decline over 10 years	-31.97%	-56.11%	+24.14%
Current Drawdown Current decline from peak	-9.26%	-9.81%	+0.55%
Average Drawdown Average peak-to-trough decline	-4.92%	-16.35%	+11.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.97%	6.64%	-0.67%

Volatility

TDIV vs. AIVC - Volatility Comparison

The current volatility for First Trust NASDAQ Technology Dividend Index Fund (TDIV) is 6.55%, while Amplify Bloomberg AI Value Chain ETF (AIVC) has a volatility of 14.00%. This indicates that TDIV experiences smaller price fluctuations and is considered to be less risky than AIVC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDIV	AIVC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.55%	14.00%	-7.45%
Volatility (6M) Calculated over the trailing 6-month period	16.62%	30.18%	-13.56%
Volatility (1Y) Calculated over the trailing 1-year period	20.93%	35.46%	-14.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.18%	31.46%	-10.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.03%	27.56%	-6.53%

TDIV vs. AIVC - Expense Ratio Comparison

TDIV has a 0.50% expense ratio, which is lower than AIVC's 0.59% expense ratio.

Dividends

TDIV vs. AIVC - Dividend Comparison

TDIV's dividend yield for the trailing twelve months is around 1.30%, more than AIVC's 0.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIVC Amplify Bloomberg AI Value Chain ETF	0.10%	0.17%	0.21%	0.00%	0.00%	0.00%	0.39%	1.16%	0.38%	0.92%	0.64%	0.00%
TDIV First Trust NASDAQ Technology Dividend Index Fund	1.30%	1.40%	1.59%	1.74%	2.51%	1.76%	2.07%	2.27%	2.97%	2.27%	2.45%	2.52%

Frequently Asked Questions

Can I hold both TDIV and AIVC in my portfolio?

TDIV and AIVC have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TDIV or AIVC?

AIVC has higher volatility (14.00%) compared to TDIV (6.55%). In terms of maximum drawdown, TDIV dropped -31.97% vs AIVC's -56.11%.

Which ETF is better, TDIV or AIVC?

On 10-year performance, TDIV leads with 17.38% vs 15.61% for AIVC. On fees, TDIV is cheaper at 0.50% per year. On volatility, TDIV has been the lower-risk option at 6.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TDIV or AIVC?

Over the 10-year period, TDIV has performed better with a 17.38% return vs 15.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TDIV or AIVC?

TDIV is cheaper with a 0.50% expense ratio, compared with 0.59% for AIVC.

Which ETF pays a higher dividend yield, TDIV or AIVC?

TDIV has the higher dividend yield at 1.30%, compared with 0.10% for AIVC.

What is the main difference between TDIV and AIVC?

TDIV tracks NASDAQ Technology Dividend Index, while AIVC tracks Bloomberg AI Value Chain Index. They also come from different issuers: First Trust and Amplify. Their fees differ too: 0.50% for TDIV and 0.59% for AIVC.

Which has better risk-adjusted returns?

AIVC currently has the higher Sharpe Ratio (2.90 vs 1.43), 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.