VLUE vs. DIVB
VLUE (iShares MSCI USA Value Factor ETF) and DIVB (iShares Core Dividend ETF) are both exchange-traded funds - VLUE is a Large Cap Value Equities fund tracking the MSCI USA Enhanced Value Index, while DIVB is a Dividend fund tracking the Morningstar US Dividend and Buyback Index. Both are passively managed. Over the past 5 years, VLUE returned 16.23%/yr vs 13.09%/yr for DIVB. Their correlation of 0.88 suggests significant overlap in exposure. VLUE charges 0.15%/yr vs 0.05%/yr for DIVB.
Performance
VLUE vs. DIVB - Performance Comparison
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Returns By Period
In the year-to-date period, VLUE achieves a 39.99% return, which is significantly higher than DIVB's 22.13% return.
VLUE
- 1D
- -0.70%
- 1M
- -4.40%
- 6M
- 32.45%
- YTD
- 39.99%
- 1Y
- 70.80%
- 3Y*
- 29.31%
- 5Y*
- 16.23%
- 10Y*
- 14.34%
DIVB
- 1D
- 2.12%
- 1M
- 3.84%
- 6M
- 18.62%
- YTD
- 22.13%
- 1Y
- 30.52%
- 3Y*
- 21.77%
- 5Y*
- 13.09%
- 10Y*
- —
VLUE vs. DIVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLUE iShares MSCI USA Value Factor ETF | 39.99% | 32.67% | 7.25% | 14.26% | -14.17% | 28.93% | -0.23% | 27.20% | -11.13% | 5.10% |
DIVB iShares Core Dividend ETF | 22.13% | 15.09% | 18.59% | 13.27% | -10.51% | 31.29% | 10.78% | 32.72% | -8.16% | 5.95% |
Correlation
The correlation between VLUE and DIVB is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017 | 0.88 |
Over the past year, the correlation between VLUE and DIVB has dropped to 0.60 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.
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Return for Risk
VLUE vs. DIVB — Risk / Return Rank
VLUE
DIVB
VLUE vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Value Factor ETF (VLUE) and iShares Core Dividend ETF (DIVB). 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.
| VLUE | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.45 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 7.87 | 4.49 | +3.38 |
| Martin ratioReturn relative to average drawdown | 28.94 | 15.05 | +13.88 |
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Drawdowns
VLUE vs. DIVB - Drawdown Comparison
The maximum VLUE drawdown since its inception was -39.47%, which is greater than DIVB's maximum drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for VLUE and DIVB.
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Drawdown Indicators
| VLUE | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.47% | -36.93% | -2.54% |
Max Drawdown (1Y)Largest decline over 1 year | -9.04% | -6.82% | -2.22% |
Max Drawdown (3Y)Largest decline over 3 years | -17.89% | -15.45% | -2.44% |
Max Drawdown (5Y)Largest decline over 5 years | -27.12% | -21.08% | -6.04% |
Max Drawdown (10Y)Largest decline over 10 years | -39.47% | — | — |
Current DrawdownCurrent decline from peak | -7.18% | 0.00% | -7.18% |
Average DrawdownAverage peak-to-trough decline | -5.99% | -4.94% | -1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 2.03% | +0.42% |
Volatility
VLUE vs. DIVB - Volatility Comparison
iShares MSCI USA Value Factor ETF (VLUE) has a higher volatility of 8.04% compared to iShares Core Dividend ETF (DIVB) at 4.76%. This indicates that VLUE's price experiences larger fluctuations and is considered to be riskier than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VLUE | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.04% | 4.76% | +3.28% |
Volatility (6M)Calculated over the trailing 6-month period | 17.05% | 9.50% | +7.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.88% | 12.16% | +7.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.28% | 15.35% | +2.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.98% | 18.35% | +1.63% |
VLUE vs. DIVB - Expense Ratio Comparison
VLUE has a 0.15% expense ratio, which is higher than DIVB's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VLUE vs. DIVB - Dividend Comparison
VLUE's dividend yield for the trailing twelve months is around 1.48%, less than DIVB's 2.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares Core Dividend ETF | 2.17% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% | 0.00% | 0.00% |
VLUE iShares MSCI USA Value Factor ETF | 1.48% | 2.11% | 2.73% | 2.66% | 3.18% | 2.22% | 2.42% | 2.61% | 2.70% | 2.14% | 2.07% | 2.39% |
Frequently Asked Questions
VLUE and DIVB have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VLUE has higher volatility (8.04%) compared to DIVB (4.76%). In terms of maximum drawdown, VLUE dropped -39.47% vs DIVB's -36.93%.
On 5-year performance, VLUE leads with 16.23% vs 13.09% for DIVB. On fees, DIVB is cheaper at 0.05% per year. On volatility, DIVB has been the lower-risk option at 4.76%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, VLUE has performed better with a 16.23% return vs 13.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIVB is cheaper with a 0.05% expense ratio, compared with 0.15% for VLUE.
DIVB has the higher dividend yield at 2.17%, compared with 1.48% for VLUE.
VLUE is categorized as Large Cap Value Equities, while DIVB is Dividend. VLUE tracks MSCI USA Enhanced Value Index, while DIVB tracks Morningstar US Dividend and Buyback Index. Their fees differ too: 0.15% for VLUE and 0.05% for DIVB.
VLUE currently has the higher Sharpe Ratio (3.58 vs 2.52), 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.
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