VSMV vs. HDV
Compare and contrast key facts about VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) and iShares Core High Dividend ETF (HDV).
VSMV and HDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VSMV is a passively managed fund by Crestview that tracks the performance of the Nasdaq Victory Multi-Factor Minimum Volatility Index. It was launched on Jun 22, 2017. HDV is a passively managed fund by iShares that tracks the performance of the Morningstar Dividend Yield Focus Index. It was launched on Mar 29, 2011. Both VSMV and HDV 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: VSMV or HDV.
Key characteristics
| VSMV | HDV | |
|---|---|---|
| YTD Return | 20.03% | 18.75% |
| 1Y Return | 25.82% | 27.58% |
| 3Y Return (Ann) | 9.06% | 10.06% |
| 5Y Return (Ann) | 11.12% | 8.46% |
| Sharpe Ratio | 3.10 | 2.81 |
| Sortino Ratio | 4.31 | 4.14 |
| Omega Ratio | 1.59 | 1.51 |
| Calmar Ratio | 5.33 | 3.53 |
| Martin Ratio | 18.65 | 21.25 |
| Ulcer Index | 1.47% | 1.29% |
| Daily Std Dev | 8.77% | 9.77% |
| Max Drawdown | -31.33% | -37.04% |
| Current Drawdown | -0.23% | -1.49% |
Correlation
The correlation between VSMV and HDV is 0.73, 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
VSMV vs. HDV - Performance Comparison
In the year-to-date period, VSMV achieves a 20.03% return, which is significantly higher than HDV's 18.75% 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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VSMV vs. HDV - Expense Ratio Comparison
VSMV has a 0.35% expense ratio, which is higher than HDV's 0.08% expense ratio.
Risk-Adjusted Performance
VSMV vs. HDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) and iShares Core High Dividend ETF (HDV). 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
VSMV vs. HDV - Dividend Comparison
VSMV's dividend yield for the trailing twelve months is around 1.35%, less than HDV's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF | 1.35% | 1.77% | 1.99% | 1.36% | 2.01% | 2.00% | 2.42% | 1.14% | 0.00% | 0.00% | 0.00% | 0.00% |
HDV iShares Core High Dividend ETF | 3.37% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% | 3.20% | 3.17% |
Drawdowns
VSMV vs. HDV - Drawdown Comparison
The maximum VSMV drawdown since its inception was -31.33%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for VSMV and HDV. For additional features, visit the drawdowns tool.
Volatility
VSMV vs. HDV - Volatility Comparison
VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) has a higher volatility of 3.09% compared to iShares Core High Dividend ETF (HDV) at 2.70%. This indicates that VSMV's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.