TMDV vs. VIG
Compare and contrast key facts about ProShares Russell U.S. Dividend Growers ETF (TMDV) and Vanguard Dividend Appreciation ETF (VIG).
TMDV and VIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TMDV is a passively managed fund by ProShares that tracks the performance of the Russell 3000 Dividend Elite Index. It was launched on Nov 5, 2019. VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Apr 21, 2006. Both TMDV and VIG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TMDV or VIG.
Key characteristics
| TMDV | VIG | |
|---|---|---|
| YTD Return | 10.03% | 20.60% |
| 1Y Return | 21.33% | 29.90% |
| 3Y Return (Ann) | 3.25% | 8.71% |
| 5Y Return (Ann) | 7.48% | 13.04% |
| Sharpe Ratio | 1.82 | 3.16 |
| Sortino Ratio | 2.63 | 4.43 |
| Omega Ratio | 1.33 | 1.59 |
| Calmar Ratio | 1.80 | 6.23 |
| Martin Ratio | 8.74 | 20.81 |
| Ulcer Index | 2.53% | 1.52% |
| Daily Std Dev | 12.18% | 9.98% |
| Max Drawdown | -33.42% | -46.81% |
| Current Drawdown | -0.09% | -0.14% |
Correlation
The correlation between TMDV and VIG is 0.86, 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.
Performance
TMDV vs. VIG - Performance Comparison
In the year-to-date period, TMDV achieves a 10.03% return, which is significantly lower than VIG's 20.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TMDV vs. VIG - Expense Ratio Comparison
TMDV has a 0.35% expense ratio, which is higher than VIG's 0.06% expense ratio.
Risk-Adjusted Performance
TMDV vs. VIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Russell U.S. Dividend Growers ETF (TMDV) and Vanguard Dividend Appreciation ETF (VIG). 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.
Dividends
TMDV vs. VIG - Dividend Comparison
TMDV's dividend yield for the trailing twelve months is around 2.49%, more than VIG's 1.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMDV ProShares Russell U.S. Dividend Growers ETF | 2.49% | 2.45% | 2.46% | 2.14% | 2.28% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIG Vanguard Dividend Appreciation ETF | 1.69% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
Drawdowns
TMDV vs. VIG - Drawdown Comparison
The maximum TMDV drawdown since its inception was -33.42%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for TMDV and VIG. For additional features, visit the drawdowns tool.
Volatility
TMDV vs. VIG - Volatility Comparison
ProShares Russell U.S. Dividend Growers ETF (TMDV) has a higher volatility of 4.10% compared to Vanguard Dividend Appreciation ETF (VIG) at 3.57%. This indicates that TMDV's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.