VIG vs. DVY
Compare and contrast key facts about Vanguard Dividend Appreciation ETF (VIG) and iShares Select Dividend ETF (DVY).
VIG and DVY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. DVY is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Dividend Index. It was launched on Nov 3, 2003. Both VIG and DVY 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: VIG or DVY.
Key characteristics
| VIG | DVY | |
|---|---|---|
| YTD Return | 17.37% | 16.94% |
| 1Y Return | 32.38% | 33.15% |
| 3Y Return (Ann) | 8.43% | 8.02% |
| 5Y Return (Ann) | 12.69% | 9.52% |
| 10Y Return (Ann) | 11.82% | 9.28% |
| Sharpe Ratio | 3.44 | 2.67 |
| Sortino Ratio | 4.79 | 3.73 |
| Omega Ratio | 1.64 | 1.47 |
| Calmar Ratio | 3.91 | 2.06 |
| Martin Ratio | 23.21 | 16.41 |
| Ulcer Index | 1.46% | 2.10% |
| Daily Std Dev | 9.85% | 12.90% |
| Max Drawdown | -46.81% | -62.59% |
| Current Drawdown | -2.07% | -2.74% |
Correlation
The correlation between VIG and DVY 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
VIG vs. DVY - Performance Comparison
The year-to-date returns for both stocks are quite close, with VIG having a 17.37% return and DVY slightly lower at 16.94%. Over the past 10 years, VIG has outperformed DVY with an annualized return of 11.82%, while DVY has yielded a comparatively lower 9.28% annualized 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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VIG vs. DVY - Expense Ratio Comparison
VIG has a 0.06% expense ratio, which is lower than DVY's 0.39% expense ratio.
Risk-Adjusted Performance
VIG vs. DVY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation ETF (VIG) and iShares Select Dividend ETF (DVY). 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
VIG vs. DVY - Dividend Comparison
VIG's dividend yield for the trailing twelve months is around 1.73%, less than DVY's 3.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIG Vanguard Dividend Appreciation ETF | 1.73% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
DVY iShares Select Dividend ETF | 3.50% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% | 3.03% | 3.06% |
Drawdowns
VIG vs. DVY - Drawdown Comparison
The maximum VIG drawdown since its inception was -46.81%, smaller than the maximum DVY drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for VIG and DVY. For additional features, visit the drawdowns tool.
Volatility
VIG vs. DVY - Volatility Comparison
The current volatility for Vanguard Dividend Appreciation ETF (VIG) is 2.67%, while iShares Select Dividend ETF (DVY) has a volatility of 3.30%. This indicates that VIG experiences smaller price fluctuations and is considered to be less risky than DVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.