WBIY vs. RDVY
Compare and contrast key facts about WBI Power Factor High Dividend ETF (WBIY) and First Trust Rising Dividend Achievers ETF (RDVY).
WBIY and RDVY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WBIY is a passively managed fund by WBI that tracks the performance of the Solactive Power Factor High Dividend Index. It was launched on Dec 19, 2016. RDVY is a passively managed fund by First Trust that tracks the performance of the NASDAQ US Rising Dividend Achievers. It was launched on Jan 6, 2014. Both WBIY and RDVY 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: WBIY or RDVY.
Key characteristics
| WBIY | RDVY | |
|---|---|---|
| YTD Return | 12.97% | 23.41% |
| 1Y Return | 33.83% | 40.58% |
| 3Y Return (Ann) | 8.76% | 8.93% |
| 5Y Return (Ann) | 9.29% | 15.09% |
| Sharpe Ratio | 2.19 | 2.57 |
| Sortino Ratio | 3.30 | 3.67 |
| Omega Ratio | 1.39 | 1.47 |
| Calmar Ratio | 2.33 | 4.00 |
| Martin Ratio | 12.20 | 17.31 |
| Ulcer Index | 2.71% | 2.33% |
| Daily Std Dev | 15.12% | 15.70% |
| Max Drawdown | -48.71% | -40.60% |
| Current Drawdown | -1.11% | -0.79% |
Correlation
The correlation between WBIY and RDVY is 0.83, 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
WBIY vs. RDVY - Performance Comparison
In the year-to-date period, WBIY achieves a 12.97% return, which is significantly lower than RDVY's 23.41% 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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WBIY vs. RDVY - Expense Ratio Comparison
WBIY has a 0.70% expense ratio, which is higher than RDVY's 0.50% expense ratio.
Risk-Adjusted Performance
WBIY vs. RDVY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WBI Power Factor High Dividend ETF (WBIY) and First Trust Rising Dividend Achievers ETF (RDVY). 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
WBIY vs. RDVY - Dividend Comparison
WBIY's dividend yield for the trailing twelve months is around 4.26%, more than RDVY's 1.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WBIY WBI Power Factor High Dividend ETF | 4.26% | 4.87% | 4.40% | 3.94% | 5.10% | 4.54% | 6.11% | 5.84% | 0.01% | 0.00% | 0.00% |
RDVY First Trust Rising Dividend Achievers ETF | 1.62% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% | 1.91% |
Drawdowns
WBIY vs. RDVY - Drawdown Comparison
The maximum WBIY drawdown since its inception was -48.71%, which is greater than RDVY's maximum drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for WBIY and RDVY. For additional features, visit the drawdowns tool.
Volatility
WBIY vs. RDVY - Volatility Comparison
The current volatility for WBI Power Factor High Dividend ETF (WBIY) is 5.15%, while First Trust Rising Dividend Achievers ETF (RDVY) has a volatility of 7.13%. This indicates that WBIY experiences smaller price fluctuations and is considered to be less risky than RDVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.