VONV vs. DIVB
VONV (Vanguard Russell 1000 Value ETF) and DIVB (iShares Core Dividend ETF) are both exchange-traded funds - VONV is a Large Cap Value Equities fund tracking the Russell 1000 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, VONV returned 11.52%/yr vs 12.91%/yr for DIVB. Their correlation of 0.93 suggests significant overlap in exposure. VONV charges 0.06%/yr vs 0.05%/yr for DIVB.
Performance
VONV vs. DIVB - Performance Comparison
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Returns By Period
In the year-to-date period, VONV achieves a 18.61% return, which is significantly lower than DIVB's 22.13% return.
VONV
- 1D
- 0.28%
- 1M
- 2.55%
- 6M
- 14.63%
- YTD
- 18.61%
- 1Y
- 28.33%
- 3Y*
- 18.20%
- 5Y*
- 11.52%
- 10Y*
- 11.36%
DIVB
- 1D
- 0.94%
- 1M
- 3.79%
- 6M
- 19.39%
- YTD
- 22.13%
- 1Y
- 29.18%
- 3Y*
- 21.85%
- 5Y*
- 12.91%
- 10Y*
- —
VONV vs. DIVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VONV Vanguard Russell 1000 Value ETF | 18.61% | 15.81% | 14.28% | 11.40% | -7.65% | 25.28% | 2.71% | 26.48% | -8.45% | 4.34% |
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 VONV and DIVB is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017 | 0.93 |
The correlation between VONV and DIVB shifts across timeframes, from 0.85 (1 year) to 0.95 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VONV vs. DIVB — Risk / Return Rank
VONV
DIVB
VONV vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Value ETF (VONV) 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.
| VONV | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.44 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | 4.30 | -0.12 |
| Martin ratioReturn relative to average drawdown | 17.38 | 14.43 | +2.95 |
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Drawdowns
VONV vs. DIVB - Drawdown Comparison
The maximum VONV drawdown since its inception was -38.21%, roughly equal to the maximum DIVB drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for VONV and DIVB.
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Drawdown Indicators
| VONV | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.21% | -36.93% | -1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -6.81% | -6.82% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -15.70% | -15.45% | -0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -18.87% | -21.08% | +2.21% |
Max Drawdown (10Y)Largest decline over 10 years | -38.21% | — | — |
Current DrawdownCurrent decline from peak | -0.05% | 0.00% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -3.88% | -4.94% | +1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 2.03% | -0.40% |
Volatility
VONV vs. DIVB - Volatility Comparison
Vanguard Russell 1000 Value ETF (VONV) and iShares Core Dividend ETF (DIVB) have volatilities of 3.77% and 3.92%, 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.
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Volatility by Period
| VONV | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 3.92% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 9.02% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.38% | 11.90% | -0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.80% | 15.30% | -0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.20% | 18.34% | -1.14% |
VONV vs. DIVB - Expense Ratio Comparison
VONV has a 0.06% 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
VONV vs. DIVB - Dividend Comparison
VONV's dividend yield for the trailing twelve months is around 1.58%, 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% |
VONV Vanguard Russell 1000 Value ETF | 1.58% | 1.82% | 1.97% | 2.10% | 2.22% | 1.67% | 2.25% | 2.30% | 2.56% | 2.18% | 2.39% | 2.38% |
Frequently Asked Questions
VONV and DIVB have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIVB has higher volatility (3.92%) compared to VONV (3.77%). In terms of maximum drawdown, VONV dropped -38.21% vs DIVB's -36.93%.
On 5-year performance, DIVB leads with 12.91% vs 11.52% for VONV. On fees, DIVB is cheaper at 0.05% per year. On volatility, VONV has been the lower-risk option at 3.77%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DIVB has performed better with a 12.91% return vs 11.52%. 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 0.06% for VONV.
DIVB has the higher dividend yield at 2.17%, compared with 1.58% for VONV.
VONV is categorized as Large Cap Value Equities, while DIVB is Dividend. VONV tracks Russell 1000 Value Index, while DIVB tracks Morningstar US Dividend and Buyback Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.06% for VONV and 0.05% for DIVB.
VONV currently has the higher Sharpe Ratio (2.51 vs 2.47), 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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