WTV vs. DVLU

Last updated Jun 23, 2026

WTV (WisdomTree U.S. Value Fund) and DVLU (First Trust Dorsey Wright Momentum & Value ETF) are both exchange-traded funds - WTV is a Mid Cap Value Equities fund actively managed by WisdomTree, while DVLU is a Momentum fund tracking the Dorsey Wright Momentum Plus Value Index. WTV is actively managed, while DVLU is passively managed. Over the past 5 years, WTV returned 13.53%/yr vs 12.44%/yr for DVLU. Their correlation of 0.85 suggests significant overlap in exposure. WTV charges 0.12%/yr vs 0.60%/yr for DVLU.

Performance

WTV vs. DVLU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Value Fund (WTV) and First Trust Dorsey Wright Momentum & Value ETF (DVLU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTV achieves a 9.70% return, which is significantly lower than DVLU's 10.45% return.

WTV

• 1D: 0.22%
• 1M: -0.07%
• YTD: 9.70%
• 6M: 8.81%
• 1Y: 23.03%
• 3Y*: 21.15%
• 5Y*: 13.53%
• 10Y*: —

DVLU

• 1D: 1.15%
• 1M: 3.83%
• YTD: 10.45%
• 6M: 8.12%
• 1Y: 37.54%
• 3Y*: 21.33%
• 5Y*: 12.44%
• 10Y*: —

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

WTV vs. DVLU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WTV WisdomTree U.S. Value Fund	9.70%	13.51%	23.99%	22.35%	-8.06%	30.59%	6.15%	29.69%	-13.97%
DVLU First Trust Dorsey Wright Momentum & Value ETF	10.45%	23.67%	13.36%	18.84%	-9.73%	41.67%	-6.68%	33.59%	-24.03%

Correlation

The correlation between WTV and DVLU is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Sep 7, 2018	0.85

The correlation between WTV and DVLU has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.

Return for Risk

WTV vs. DVLU — Risk / Return Rank

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

WTV

WTV Risk / Return Rank: 62
WTV Sharpe Ratio Rank: 61
WTV Sortino Ratio Rank: 63
WTV Omega Ratio Rank: 58
WTV Calmar Ratio Rank: 67
WTV Martin Ratio Rank: 61

DVLU

DVLU Risk / Return Rank: 69
DVLU Sharpe Ratio Rank: 75
DVLU Sortino Ratio Rank: 73
DVLU Omega Ratio Rank: 69
DVLU Calmar Ratio Rank: 64
DVLU Martin Ratio Rank: 63

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.

WTV vs. DVLU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Value Fund (WTV) and First Trust Dorsey Wright Momentum & Value ETF (DVLU). 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.

	WTV	DVLU	Difference
Sharpe ratio: Return per unit of total volatility	1.94	2.30	-0.35
Sortino ratio: Return per unit of downside risk	2.83	3.16	-0.33
Omega ratio: Gain probability vs. loss probability	1.35	1.40	-0.05
Calmar ratio: Return relative to maximum drawdown	3.24	3.08	+0.15
Martin ratio: Return relative to average drawdown	10.49	11.11	-0.62

WTV vs. DVLU - Sharpe Ratio Comparison

The current WTV Sharpe Ratio is 1.94, which is comparable to the DVLU Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of WTV and DVLU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WTV vs. DVLU - Drawdown Comparison

The maximum WTV drawdown since its inception was -42.18%, smaller than the maximum DVLU drawdown of -53.26%. Use the drawdown chart below to compare losses from any high point for WTV and DVLU.

Drawdown Indicators

	WTV	DVLU	Difference
Max Drawdown Largest peak-to-trough decline	-42.18%	-53.26%	+11.08%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-12.24%	+5.09%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-24.86%	+6.37%
Max Drawdown (5Y) Largest decline over 5 years	-19.30%	-24.86%	+5.56%
Current Drawdown Current decline from peak	-1.87%	-0.95%	-0.92%
Average Drawdown Average peak-to-trough decline	-5.03%	-8.73%	+3.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	3.39%	-1.19%

Volatility

WTV vs. DVLU - Volatility Comparison

WisdomTree U.S. Value Fund (WTV) and First Trust Dorsey Wright Momentum & Value ETF (DVLU) have volatilities of 3.64% and 3.70%, 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.

Volatility by Period

	WTV	DVLU	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.64%	3.70%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	8.20%	12.34%	-4.14%
Volatility (1Y) Calculated over the trailing 1-year period	11.92%	16.46%	-4.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.08%	21.39%	-4.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.17%	25.74%	-5.57%

WTV vs. DVLU - Expense Ratio Comparison

WTV has a 0.12% expense ratio, which is lower than DVLU's 0.60% expense ratio.

Dividends

WTV vs. DVLU - Dividend Comparison

WTV's dividend yield for the trailing twelve months is around 1.66%, more than DVLU's 0.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DVLU First Trust Dorsey Wright Momentum & Value ETF	0.62%	0.73%	1.06%	1.34%	2.18%	1.33%	1.34%	1.71%	0.58%	0.00%
WTV WisdomTree U.S. Value Fund	1.66%	1.59%	1.54%	1.62%	2.08%	1.55%	1.63%	1.44%	1.94%	0.41%

Frequently Asked Questions

Can I hold both WTV and DVLU in my portfolio?

WTV and DVLU have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTV or DVLU?

DVLU has higher volatility (3.70%) compared to WTV (3.64%). In terms of maximum drawdown, WTV dropped -42.18% vs DVLU's -53.26%.

Which ETF is better, WTV or DVLU?

On 5-year performance, WTV leads with 13.53% vs 12.44% for DVLU. On fees, WTV is cheaper at 0.12% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTV or DVLU?

Over the 5-year period, WTV has performed better with a 13.53% return vs 12.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTV or DVLU?

WTV is cheaper with a 0.12% expense ratio, compared with 0.60% for DVLU.

Which ETF pays a higher dividend yield, WTV or DVLU?

WTV has the higher dividend yield at 1.66%, compared with 0.62% for DVLU.

What is the main difference between WTV and DVLU?

WTV is categorized as Mid Cap Value Equities, while DVLU is Momentum. They also come from different issuers: WisdomTree and First Trust. Their fees differ too: 0.12% for WTV and 0.60% for DVLU.

Which has better risk-adjusted returns?

DVLU currently has the higher Sharpe Ratio (2.30 vs 1.94), 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.