UDIV vs. XUDV

Last updated Jun 21, 2026

UDIV (Franklin U.S. Core Dividend Tilt Index ETF) and XUDV (Franklin U.S. Dividend Booster Index ETF) are both Dividend funds - UDIV tracks the Linked Morningstar US Dividend Enhanced Select Index while XUDV tracks the VettaFi New Frontier U.S. Dividend Select Index. Both are passively managed. Over the past year, UDIV returned 32.10% vs 31.54% for XUDV. A 0.73 correlation means they provide meaningful diversification when combined. UDIV charges 0.06%/yr vs 0.09%/yr for XUDV.

Performance

UDIV vs. XUDV - 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 Franklin U.S. Dividend Booster Index ETF (XUDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UDIV achieves a 14.34% return, which is significantly lower than XUDV's 20.82% return.

UDIV

• 1D: 1.29%
• 1M: 1.62%
• YTD: 14.34%
• 6M: 14.67%
• 1Y: 32.10%
• 3Y*: 23.04%
• 5Y*: 14.57%
• 10Y*: 12.02%

XUDV

• 1D: 1.08%
• 1M: 2.96%
• YTD: 20.82%
• 6M: 19.75%
• 1Y: 31.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UDIV vs. XUDV - Yearly Performance Comparison

	2026 (YTD)	2025
UDIV Franklin U.S. Core Dividend Tilt Index ETF	14.34%	14.84%
XUDV Franklin U.S. Dividend Booster Index ETF	20.82%	8.52%

Correlation

The correlation between UDIV and XUDV 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 (All Time) Calculated using the full available price history since Jan 23, 2025	0.73

The correlation between UDIV and XUDV has been stable across timeframes, ranging from 0.64 to 0.73 - a consistent structural relationship.

UDIV vs. XUDV - Sectors Allocation Comparison

Sectors	UDIV	XUDV
Technology	40.3%	13.5%
Financial Services	11.3%	23.5%
Communication Services	10.2%	7.0%
Consumer Cyclical	8.7%	7.7%
Healthcare	7.1%	7.9%
Industrials	5.9%	12.0%
Consumer Defensive	5.4%	15.0%
Real Estate	3.6%	-
Energy	3.3%	6.3%
Utilities	3.1%	3.7%
Basic Materials	0.8%	1.3%

Return for Risk

UDIV vs. XUDV — Risk / Return Rank

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

UDIV

UDIV Risk / Return Rank: 82
UDIV Sharpe Ratio Rank: 84
UDIV Sortino Ratio Rank: 81
UDIV Omega Ratio Rank: 83
UDIV Calmar Ratio Rank: 77
UDIV Martin Ratio Rank: 85

XUDV

XUDV Risk / Return Rank: 84
XUDV Sharpe Ratio Rank: 84
XUDV Sortino Ratio Rank: 85
XUDV Omega Ratio Rank: 78
XUDV Calmar Ratio Rank: 89
XUDV Martin Ratio Rank: 86

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. XUDV - 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 Franklin U.S. Dividend Booster Index ETF (XUDV). 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.

	UDIV	XUDV	Difference
Sharpe ratio: Return per unit of total volatility	2.55	2.60	-0.05
Sortino ratio: Return per unit of downside risk	3.39	3.61	-0.22
Omega ratio: Gain probability vs. loss probability	1.46	1.44	+0.03
Calmar ratio: Return relative to maximum drawdown	3.78	5.11	-1.33
Martin ratio: Return relative to average drawdown	16.66	17.22	-0.56

UDIV vs. XUDV - Sharpe Ratio Comparison

The current UDIV Sharpe Ratio is 2.55, which is comparable to the XUDV Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of UDIV and XUDV, 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

UDIV vs. XUDV - Drawdown Comparison

The maximum UDIV drawdown since its inception was -35.21%, which is greater than XUDV's maximum drawdown of -15.98%. Use the drawdown chart below to compare losses from any high point for UDIV and XUDV.

Drawdown Indicators

	UDIV	XUDV	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-15.98%	-19.23%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-6.34%	-2.10%
Max Drawdown (3Y) Largest decline over 3 years	-19.19%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.21%	—	—
Current Drawdown Current decline from peak	-1.25%	-1.55%	+0.30%
Average Drawdown Average peak-to-trough decline	-4.63%	-2.06%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	1.88%	+0.03%

Volatility

UDIV vs. XUDV - Volatility Comparison

Franklin U.S. Core Dividend Tilt Index ETF (UDIV) has a higher volatility of 4.83% compared to Franklin U.S. Dividend Booster Index ETF (XUDV) at 4.59%. This indicates that UDIV's price experiences larger fluctuations and is considered to be riskier than XUDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UDIV	XUDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	4.59%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	8.82%	+1.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.51%	12.47%	+0.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.61%	16.35%	-0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.30%	16.35%	-0.05%

UDIV vs. XUDV - Expense Ratio Comparison

UDIV has a 0.06% expense ratio, which is lower than XUDV's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

UDIV vs. XUDV - Dividend Comparison

UDIV's dividend yield for the trailing twelve months is around 1.41%, less than XUDV's 3.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
UDIV Franklin U.S. Core Dividend Tilt Index ETF	1.10%	1.53%	2.05%	1.91%	3.20%	2.97%	2.90%	3.40%	3.74%	3.47%	1.63%
XUDV Franklin U.S. Dividend Booster Index ETF	2.57%	3.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UDIV and XUDV in my portfolio?

UDIV and XUDV 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 XUDV?

UDIV has higher volatility (4.83%) compared to XUDV (4.59%). In terms of maximum drawdown, UDIV dropped -35.21% vs XUDV's -15.98%.

Which ETF is better, UDIV or XUDV?

On 1-year performance, UDIV leads with 32.10% vs 31.54% for XUDV. On fees, UDIV is cheaper at 0.06% per year. On volatility, XUDV has been the lower-risk option at 4.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UDIV or XUDV?

Over the 1-year period, UDIV has performed better with a 32.10% return vs 31.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UDIV or XUDV?

UDIV is cheaper with a 0.06% expense ratio, compared with 0.09% for XUDV.

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

XUDV has the higher dividend yield at 2.57%, compared with 1.10% for UDIV.

What is the main difference between UDIV and XUDV?

UDIV tracks Linked Morningstar US Dividend Enhanced Select Index, while XUDV tracks VettaFi New Frontier U.S. Dividend Select Index. They also come from different issuers: Franklin Templeton and Franklin. Their fees differ too: 0.06% for UDIV and 0.09% for XUDV.

Which has better risk-adjusted returns?

XUDV currently has the higher Sharpe Ratio (2.60 vs 2.55), 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.