UDIV vs. DVYA

Last updated Jun 4, 2026

UDIV (Franklin U.S. Core Dividend Tilt Index ETF) and DVYA (iShares Asia/Pacific Dividend ETF) are both exchange-traded funds - UDIV is a Dividend fund tracking the Linked Morningstar US Dividend Enhanced Select Index, while DVYA is a Asia Pacific Equities fund tracking the Dow Jones Asia/Pacific Select Dividend 30 Index. Both are passively managed. Over the past 5 years, UDIV returned 14.04%/yr vs 9.88%/yr for DVYA. A 0.66 correlation means they provide meaningful diversification when combined. UDIV charges 0.06%/yr vs 0.49%/yr for DVYA.

Performance

UDIV vs. DVYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Core Dividend Tilt Index ETF (UDIV) and iShares Asia/Pacific Dividend ETF (DVYA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UDIV achieves a 14.99% return, which is significantly higher than DVYA's 13.35% return.

UDIV

• 1D: -0.69%
• 1M: 6.05%
• YTD: 14.99%
• 6M: 14.91%
• 1Y: 33.63%
• 3Y*: 24.66%
• 5Y*: 14.04%
• 10Y*: —

DVYA

• 1D: -0.86%
• 1M: 0.51%
• YTD: 13.35%
• 6M: 13.63%
• 1Y: 39.49%
• 3Y*: 21.73%
• 5Y*: 9.88%
• 10Y*: 7.30%

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

UDIV vs. DVYA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UDIV Franklin U.S. Core Dividend Tilt Index ETF	14.99%	19.00%	25.61%	25.21%	-15.00%	19.66%	5.54%	24.60%	-8.83%	17.44%
DVYA iShares Asia/Pacific Dividend ETF	13.35%	30.22%	6.05%	13.75%	-2.17%	3.41%	-9.61%	14.70%	-14.87%	16.99%

Correlation

The correlation between UDIV and DVYA is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jun 6, 2016	0.66

The correlation between UDIV and DVYA has been stable across timeframes, ranging from 0.59 to 0.66 - a consistent structural relationship.

UDIV vs. DVYA - Sectors Allocation Comparison

Sectors	UDIV	DVYA
Technology	39.0%	1.6%
Financial Services	11.3%	30.9%
Communication Services	10.7%	4.7%
Consumer Cyclical	8.7%	10.9%
Healthcare	7.4%	3.5%
Industrials	5.8%	7.1%
Consumer Defensive	5.7%	5.2%
Energy	3.7%	5.0%
Real Estate	3.7%	10.6%
Utilities	3.0%	4.5%
Basic Materials	0.8%	16.1%

Return for Risk

UDIV vs. DVYA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UDIV

UDIV Risk / Return Rank: 83
UDIV Sharpe Ratio Rank: 85
UDIV Sortino Ratio Rank: 84
UDIV Omega Ratio Rank: 84
UDIV Calmar Ratio Rank: 78
UDIV Martin Ratio Rank: 86

DVYA

DVYA Risk / Return Rank: 85
DVYA Sharpe Ratio Rank: 89
DVYA Sortino Ratio Rank: 88
DVYA Omega Ratio Rank: 85
DVYA Calmar Ratio Rank: 84
DVYA Martin Ratio Rank: 82

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.

UDIV vs. DVYA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Core Dividend Tilt Index ETF (UDIV) and iShares Asia/Pacific Dividend ETF (DVYA). 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.

	UDIV	DVYA	Difference
Sharpe ratio Return per unit of total volatility	2.83	3.05	-0.22
Sortino ratio Return per unit of downside risk	3.81	4.06	-0.26
Omega ratio Gain probability vs. loss probability	1.52	1.53	-0.01
Calmar ratio Return relative to maximum drawdown	4.00	4.59	-0.59
Martin ratio Return relative to average drawdown	18.28	16.66	+1.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UDIV vs. DVYA - Sharpe Ratio Comparison

The current UDIV Sharpe Ratio is 2.83, which is comparable to the DVYA Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of UDIV and DVYA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UDIV	DVYA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.83	3.05	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.66	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.30	+0.44

Drawdowns

UDIV vs. DVYA - Drawdown Comparison

The maximum UDIV drawdown since its inception was -35.21%, smaller than the maximum DVYA drawdown of -45.61%. Use the drawdown chart below to compare losses from any high point for UDIV and DVYA.

Drawdown Indicators

	UDIV	DVYA	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-45.61%	+10.40%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-8.64%	+0.20%
Max Drawdown (3Y) Largest decline over 3 years	-19.19%	-19.15%	-0.04%
Max Drawdown (5Y) Largest decline over 5 years	-23.18%	-25.37%	+2.19%
Max Drawdown (10Y) Largest decline over 10 years	-35.21%	-45.61%	+10.40%
Current Drawdown Current decline from peak	-0.69%	-3.11%	+2.42%
Average Drawdown Average peak-to-trough decline	-4.64%	-10.06%	+5.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	2.38%	-0.54%

Volatility

UDIV vs. DVYA - Volatility Comparison

The current volatility for Franklin U.S. Core Dividend Tilt Index ETF (UDIV) is 2.98%, while iShares Asia/Pacific Dividend ETF (DVYA) has a volatility of 3.94%. This indicates that UDIV experiences smaller price fluctuations and is considered to be less risky than DVYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UDIV	DVYA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.98%	3.94%	-0.96%
Volatility (6M) Calculated over the trailing 6-month period	8.99%	10.44%	-1.45%
Volatility (1Y) Calculated over the trailing 1-year period	11.95%	13.00%	-1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	15.08%	+0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.27%	17.55%	-1.28%

UDIV vs. DVYA - Expense Ratio Comparison

UDIV has a 0.06% expense ratio, which is lower than DVYA's 0.49% expense ratio.

Dividends

UDIV vs. DVYA - Dividend Comparison

UDIV's dividend yield for the trailing twelve months is around 1.40%, less than DVYA's 4.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVYA iShares Asia/Pacific Dividend ETF	4.33%	4.71%	5.97%	6.48%	7.29%	5.81%	3.66%	5.52%	6.24%	4.74%	4.79%	5.33%
UDIV Franklin U.S. Core Dividend Tilt Index ETF	1.40%	1.53%	2.05%	1.91%	3.20%	2.97%	2.90%	3.40%	3.74%	3.47%	1.63%	0.00%

Frequently Asked Questions

Can I hold both UDIV and DVYA in my portfolio?

UDIV and DVYA have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UDIV or DVYA?

DVYA has higher volatility (3.94%) compared to UDIV (2.98%). In terms of maximum drawdown, UDIV dropped -35.21% vs DVYA's -45.61%.

Which ETF is better, UDIV or DVYA?

On 5-year performance, UDIV leads with 14.04% vs 9.88% for DVYA. On fees, UDIV is cheaper at 0.06% per year. On volatility, UDIV has been the lower-risk option at 2.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UDIV or DVYA?

Over the 5-year period, UDIV has performed better with a 14.04% return vs 9.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UDIV or DVYA?

UDIV is cheaper with a 0.06% expense ratio, compared with 0.49% for DVYA.

Which ETF pays a higher dividend yield, UDIV or DVYA?

DVYA has the higher dividend yield at 4.33%, compared with 1.40% for UDIV.

What is the main difference between UDIV and DVYA?

UDIV is categorized as Dividend, while DVYA is Asia Pacific Equities. UDIV tracks Linked Morningstar US Dividend Enhanced Select Index, while DVYA tracks Dow Jones Asia/Pacific Select Dividend 30 Index. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.06% for UDIV and 0.49% for DVYA.

Which has better risk-adjusted returns?

DVYA currently has the higher Sharpe Ratio (3.05 vs 2.83), 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.