VIG vs. RDIV

Last updated Aug 4, 2026

VIG (Vanguard Dividend Appreciation ETF) and RDIV (Invesco S&P Ultra Dividend Revenue ETF) are both exchange-traded funds - VIG is a Dividend fund tracking the S&P U.S. Dividend Growers Index, while RDIV is a Mid Cap Value Equities fund tracking the S&P 900 Dividend Revenue-Weighted Index. Both are passively managed. Over the past 10 years, VIG returned 12.98%/yr vs 11.15%/yr for RDIV. Their 0.70 correlation means they have sometimes moved together and sometimes differently. VIG charges 0.04%/yr vs 0.39%/yr for RDIV.

Performance

VIG vs. RDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Dividend Appreciation ETF (VIG) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VIG achieves a 10.16% return, which is significantly lower than RDIV's 23.37% return. Over the past 10 years, VIG has outperformed RDIV with an annualized return of 12.98%, while RDIV has yielded a comparatively lower 11.15% annualized return.

VIG

• 1D: 0.41%
• 1M: 0.64%
• 6M: 7.02%
• YTD: 10.16%
• 1Y: 19.59%
• 3Y*: 15.82%
• 5Y*: 10.56%
• 10Y*: 12.98%
• ALL TIME*: 10.24%

RDIV

• 1D: 0.51%
• 1M: 7.15%
• 6M: 17.84%
• YTD: 23.37%
• 1Y: 37.17%
• 3Y*: 20.53%
• 5Y*: 14.06%
• 10Y*: 11.15%
• ALL TIME*: 11.77%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RDIV Invesco S&P Ultra Dividend Revenue ETF	$3.51M	$2.94M	$4.41M
VIG Vanguard Dividend Appreciation ETF	$232.65M	$242.03M	$260.72M

VIG vs. RDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIG Vanguard Dividend Appreciation ETF	10.16%	14.17%	16.99%	14.51%	-9.80%	23.76%	15.43%	29.62%	-2.08%	22.22%
RDIV Invesco S&P Ultra Dividend Revenue ETF	23.37%	12.36%	15.17%	4.66%	7.16%	29.12%	-9.31%	22.62%	-4.78%	11.63%

Correlation

The correlation between VIG and RDIV is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (5Y) Shows whether the relationship held over a longer period.	0.72
Correlation (10Y) Provides a long-term view across more market conditions.	0.70
Correlation (All Time) Calculated using the full available price history since Oct 1, 2013	0.70

Over the past year, the correlation between VIG and RDIV has dropped to 0.48 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

VIG vs. RDIV - Sectors Allocation Comparison

Sectors	VIG	RDIV
Technology	26.9%	5.1%
Financial Services	20.3%	19.2%
Healthcare	17.8%	6.8%
Industrials	11.9%	-
Consumer Defensive	9.2%	15.4%
Consumer Cyclical	4.5%	14.5%
Basic Materials	3.4%	0.5%
Utilities	3.0%	6.4%
Energy	3.0%	17.0%
Communication Services	0.5%	8.0%
Real Estate	-	7.6%

Return for Risk

VIG vs. RDIV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VIG

VIG Risk / Return Rank: 79
VIG Sharpe Ratio Rank: 83
VIG Sortino Ratio Rank: 84
VIG Omega Ratio Rank: 82
VIG Calmar Ratio Rank: 71
VIG Martin Ratio Rank: 78

RDIV

RDIV Risk / Return Rank: 95
RDIV Sharpe Ratio Rank: 95
RDIV Sortino Ratio Rank: 95
RDIV Omega Ratio Rank: 93
RDIV Calmar Ratio Rank: 97
RDIV Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VIG vs. RDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation ETF (VIG) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). 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.

	VIG	RDIV	Difference
Sharpe ratio: Return per unit of total volatility	1.96	2.79	-0.83
Sortino ratio: Return per unit of downside risk	2.82	4.01	-1.20
Omega ratio: Gain probability vs. loss probability	1.35	1.49	-0.13
Calmar ratio: Return relative to maximum drawdown	2.49	7.71	-5.22
Martin ratio: Return relative to average drawdown	10.11	23.41	-13.29

VIG vs. RDIV - Sharpe Ratio Comparison

The current VIG Sharpe Ratio is 1.96, which is comparable to the RDIV Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of VIG and RDIV, 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

VIG vs. RDIV - Drawdown Comparison

The maximum VIG drawdown since its inception was -46.81%, smaller than the maximum RDIV drawdown of -49.97%. Use the drawdown chart below to compare losses from any high point for VIG and RDIV.

Drawdown Indicators

	VIG	RDIV	Difference
Max Drawdown Largest peak-to-trough decline	-46.81%	-49.97%	+3.16%
Max Drawdown (1Y) Largest decline over 1 year	-7.91%	-4.84%	-3.07%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-17.91%	+2.96%
Max Drawdown (5Y) Largest decline over 5 years	-20.39%	-24.89%	+4.50%
Max Drawdown (10Y) Largest decline over 10 years	-31.72%	-49.97%	+18.25%
Current Drawdown Current decline from peak	-0.66%	-0.96%	+0.30%
Average Drawdown Average peak-to-trough decline	-5.47%	-5.80%	+0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	1.59%	+0.35%

Volatility

VIG vs. RDIV - Volatility Comparison

The current volatility for Vanguard Dividend Appreciation ETF (VIG) is 2.57%, while Invesco S&P Ultra Dividend Revenue ETF (RDIV) has a volatility of 3.98%. This indicates that VIG experiences smaller price fluctuations and is considered to be less risky than RDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIG	RDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.57%	3.98%	-1.41%
Volatility (6M) Calculated over the trailing 6-month period	7.62%	9.24%	-1.62%
Volatility (1Y) Calculated over the trailing 1-year period	10.08%	13.41%	-3.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.20%	17.40%	-3.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.02%	21.85%	-5.83%

VIG vs. RDIV - Expense Ratio Comparison

VIG has a 0.04% expense ratio, which is lower than RDIV's 0.39% expense ratio.

Dividends

VIG vs. RDIV - Dividend Comparison

VIG's dividend yield for the trailing twelve months is around 1.49%, less than RDIV's 3.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.43%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%
VIG Vanguard Dividend Appreciation ETF	1.49%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%

Frequently Asked Questions

Can I hold both VIG and RDIV in my portfolio?

VIG and RDIV have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VIG or RDIV?

RDIV has higher volatility (3.98%) compared to VIG (2.57%). In terms of maximum drawdown, VIG dropped -46.81% vs RDIV's -49.97%.

Which ETF is better, VIG or RDIV?

On 10-year performance, VIG leads with 12.98% vs 11.15% for RDIV. On fees, VIG is cheaper at 0.04% per year. On volatility, VIG has been the lower-risk option at 2.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VIG or RDIV?

Over the 10-year period, VIG has performed better with a 12.98% return vs 11.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VIG or RDIV?

VIG is cheaper with a 0.04% expense ratio, compared with 0.39% for RDIV.

Which ETF pays a higher dividend yield, VIG or RDIV?

RDIV has the higher dividend yield at 3.43%, compared with 1.49% for VIG.

What is the main difference between VIG and RDIV?

VIG is categorized as Dividend, while RDIV is Mid Cap Value Equities. VIG tracks S&P U.S. Dividend Growers Index, while RDIV tracks S&P 900 Dividend Revenue-Weighted Index. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.04% for VIG and 0.39% for RDIV.

Which has better risk-adjusted returns?

RDIV currently has the higher Sharpe Ratio (2.79 vs 1.96), 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.