UDIV vs. HIDV
Compare and contrast key facts about Franklin U.S. Core Dividend Tilt Index ETF (UDIV) and AB US High Dividend ETF (HIDV).
UDIV and HIDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UDIV is a passively managed fund by Franklin Templeton that tracks the performance of the Linked Morningstar US Dividend Enhanced Select Index. It was launched on Jun 1, 2016. HIDV is an actively managed fund by AB Funds. It was launched on Mar 21, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UDIV or HIDV.
Correlation
The correlation between UDIV and HIDV is 0.96, 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
UDIV vs. HIDV - Performance Comparison
Key characteristics
UDIV:
2.06
HIDV:
2.08
UDIV:
2.75
HIDV:
2.77
UDIV:
1.37
HIDV:
1.39
UDIV:
3.13
HIDV:
3.38
UDIV:
12.99
HIDV:
12.92
UDIV:
1.97%
HIDV:
1.92%
UDIV:
12.45%
HIDV:
11.98%
UDIV:
-35.21%
HIDV:
-10.01%
UDIV:
-1.56%
HIDV:
-1.60%
Returns By Period
In the year-to-date period, UDIV achieves a 3.47% return, which is significantly higher than HIDV's 2.05% return.
UDIV
3.47%
-0.15%
8.63%
22.86%
12.03%
N/A
HIDV
2.05%
-0.66%
5.60%
22.42%
N/A
N/A
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UDIV vs. HIDV - Expense Ratio Comparison
UDIV has a 0.06% expense ratio, which is lower than HIDV's 0.45% expense ratio.
Risk-Adjusted Performance
UDIV vs. HIDV — Risk-Adjusted Performance Rank
UDIV
HIDV
UDIV vs. HIDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Core Dividend Tilt Index ETF (UDIV) and AB US High Dividend ETF (HIDV). 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
UDIV vs. HIDV - Dividend Comparison
UDIV's dividend yield for the trailing twelve months is around 1.98%, less than HIDV's 2.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
UDIV Franklin U.S. Core Dividend Tilt Index ETF | 1.98% | 2.05% | 1.91% | 3.21% | 2.97% | 2.90% | 3.39% | 3.74% | 3.47% | 1.62% |
HIDV AB US High Dividend ETF | 2.25% | 2.30% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UDIV vs. HIDV - Drawdown Comparison
The maximum UDIV drawdown since its inception was -35.21%, which is greater than HIDV's maximum drawdown of -10.01%. Use the drawdown chart below to compare losses from any high point for UDIV and HIDV. For additional features, visit the drawdowns tool.
Volatility
UDIV vs. HIDV - Volatility Comparison
Franklin U.S. Core Dividend Tilt Index ETF (UDIV) and AB US High Dividend ETF (HIDV) have volatilities of 3.17% and 3.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.