VTV vs. ELCV

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard Value ETF (VTV) and Eventide High Dividend ETF (ELCV).

VTV and ELCV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004. ELCV is an actively managed fund by Eventide. It was launched on Sep 30, 2024.

Performance

VTV vs. ELCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value ETF (VTV) and Eventide High Dividend ETF (ELCV). The values are adjusted to include any dividend payments, if applicable.

VTV vs. ELCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VTV Vanguard Value ETF	3.54%	15.27%	-2.22%
ELCV Eventide High Dividend ETF	9.52%	9.96%	-1.81%

Returns By Period

In the year-to-date period, VTV achieves a 3.54% return, which is significantly lower than ELCV's 9.52% return.

VTV

• 1D: 0.24%
• 1M: -4.38%
• YTD: 3.54%
• 6M: 6.37%
• 1Y: 16.56%
• 3Y*: 15.18%
• 5Y*: 10.91%
• 10Y*: 11.83%

ELCV

• 1D: 1.58%
• 1M: -2.46%
• YTD: 9.52%
• 6M: 9.43%
• 1Y: 19.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VTV vs. ELCV - Expense Ratio Comparison

VTV has a 0.04% expense ratio, which is lower than ELCV's 0.49% expense ratio.

ELCV

Eventide High Dividend ETF

VTV

Vanguard Value ETF

Return for Risk

VTV vs. ELCV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VTV

VTV Risk / Return Rank: 60
VTV Sharpe Ratio Rank: 61
VTV Sortino Ratio Rank: 60
VTV Omega Ratio Rank: 63
VTV Calmar Ratio Rank: 54
VTV Martin Ratio Rank: 63

ELCV

ELCV Risk / Return Rank: 68
ELCV Sharpe Ratio Rank: 69
ELCV Sortino Ratio Rank: 65
ELCV Omega Ratio Rank: 66
ELCV Calmar Ratio Rank: 65
ELCV Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VTV vs. ELCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) and Eventide High Dividend ETF (ELCV). 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.

	VTV	ELCV	Difference
Sharpe ratio Return per unit of total volatility	1.12	1.26	-0.14
Sortino ratio Return per unit of downside risk	1.61	1.69	-0.08
Omega ratio Gain probability vs. loss probability	1.24	1.25	-0.01
Calmar ratio Return relative to maximum drawdown	1.44	1.71	-0.27
Martin ratio Return relative to average drawdown	6.48	8.15	-1.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTV vs. ELCV - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 1.12, which is comparable to the ELCV Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of VTV and ELCV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VTV	ELCV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.12	1.26	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.76	-0.27

Correlation

The correlation between VTV and ELCV is 0.82, 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.

Dividends

VTV vs. ELCV - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 2.02%, more than ELCV's 1.95% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VTV Vanguard Value ETF	2.02%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%
ELCV Eventide High Dividend ETF	1.95%	2.34%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VTV vs. ELCV - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, which is greater than ELCV's maximum drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for VTV and ELCV.

Drawdown Indicators

	VTV	ELCV	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-18.38%	-40.89%
Max Drawdown (1Y) Largest decline over 1 year	-11.32%	-11.79%	+0.47%
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	—	—
Current Drawdown Current decline from peak	-4.58%	-2.86%	-1.72%
Average Drawdown Average peak-to-trough decline	-7.92%	-4.12%	-3.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	2.48%	+0.03%

Volatility

VTV vs. ELCV - Volatility Comparison

The current volatility for Vanguard Value ETF (VTV) is 3.65%, while Eventide High Dividend ETF (ELCV) has a volatility of 4.55%. This indicates that VTV experiences smaller price fluctuations and is considered to be less risky than ELCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTV	ELCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	4.55%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	7.71%	8.89%	-1.18%
Volatility (1Y) Calculated over the trailing 1-year period	14.89%	15.17%	-0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.88%	15.72%	-1.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.67%	15.72%	+0.95%