WTV vs. FVD

Last updated Jun 23, 2026

WTV (WisdomTree U.S. Value Fund) and FVD (First Trust Value Line Dividend Index Fund) are both Mid Cap Value Equities funds. WTV is actively managed, while FVD is passively managed. Over the past 5 years, WTV returned 13.53%/yr vs 5.99%/yr for FVD. Their correlation of 0.82 suggests significant overlap in exposure. WTV charges 0.12%/yr vs 0.61%/yr for FVD.

Performance

WTV vs. FVD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Value Fund (WTV) and First Trust Value Line Dividend Index Fund (FVD). 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 higher than FVD's 3.30% return.

WTV

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

FVD

• 1D: -0.17%
• 1M: -1.17%
• YTD: 3.30%
• 6M: 2.96%
• 1Y: 9.84%
• 3Y*: 8.73%
• 5Y*: 5.99%
• 10Y*: 8.54%

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

WTV vs. FVD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTV WisdomTree U.S. Value Fund	9.70%	13.51%	23.99%	22.35%	-8.06%	30.59%	6.15%	29.69%	-8.29%	1.58%
FVD First Trust Value Line Dividend Index Fund	3.30%	8.16%	10.04%	4.11%	-5.18%	25.08%	-0.02%	26.58%	-3.49%	0.80%

Correlation

The correlation between WTV and FVD is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017	0.82

The correlation between WTV and FVD has been stable across timeframes, ranging from 0.76 to 0.82 - a consistent structural relationship.

WTV vs. FVD - Sectors Allocation Comparison

Sectors	WTV	FVD
Financial Services	18.5%	19.0%
Technology	18.3%	7.3%
Consumer Cyclical	10.6%	5.7%
Industrials	10.3%	14.3%
Consumer Defensive	9.9%	11.1%
Healthcare	7.5%	8.2%
Communication Services	6.5%	2.9%
Energy	6.4%	3.6%
Real Estate	5.4%	7.7%
Utilities	4.5%	17.4%
Basic Materials	2.2%	2.9%

Return for Risk

WTV vs. FVD — 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

FVD

FVD Risk / Return Rank: 28
FVD Sharpe Ratio Rank: 29
FVD Sortino Ratio Rank: 29
FVD Omega Ratio Rank: 26
FVD Calmar Ratio Rank: 28
FVD Martin Ratio Rank: 27

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. FVD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Value Fund (WTV) and First Trust Value Line Dividend Index Fund (FVD). 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	FVD	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.02	+0.93
Sortino ratio: Return per unit of downside risk	2.83	1.54	+1.29
Omega ratio: Gain probability vs. loss probability	1.35	1.17	+0.17
Calmar ratio: Return relative to maximum drawdown	3.24	1.37	+1.87
Martin ratio: Return relative to average drawdown	10.49	3.52	+6.97

WTV vs. FVD - Sharpe Ratio Comparison

The current WTV Sharpe Ratio is 1.94, which is higher than the FVD Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of WTV and FVD, 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. FVD - Drawdown Comparison

The maximum WTV drawdown since its inception was -42.18%, smaller than the maximum FVD drawdown of -51.00%. Use the drawdown chart below to compare losses from any high point for WTV and FVD.

Drawdown Indicators

	WTV	FVD	Difference
Max Drawdown Largest peak-to-trough decline	-42.18%	-51.00%	+8.82%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-7.23%	+0.08%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-11.97%	-6.52%
Max Drawdown (5Y) Largest decline over 5 years	-19.30%	-16.41%	-2.89%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.25%	—
Current Drawdown Current decline from peak	-1.87%	-4.95%	+3.08%
Average Drawdown Average peak-to-trough decline	-5.03%	-5.44%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	2.80%	-0.60%

Volatility

WTV vs. FVD - Volatility Comparison

WisdomTree U.S. Value Fund (WTV) has a higher volatility of 3.64% compared to First Trust Value Line Dividend Index Fund (FVD) at 3.12%. This indicates that WTV's price experiences larger fluctuations and is considered to be riskier than FVD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTV	FVD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.64%	3.12%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	8.20%	7.05%	+1.15%
Volatility (1Y) Calculated over the trailing 1-year period	11.92%	9.73%	+2.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.08%	12.76%	+4.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.17%	15.46%	+4.71%

WTV vs. FVD - Expense Ratio Comparison

WTV has a 0.12% expense ratio, which is lower than FVD's 0.61% expense ratio.

Dividends

WTV vs. FVD - Dividend Comparison

WTV's dividend yield for the trailing twelve months is around 1.66%, less than FVD's 2.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FVD First Trust Value Line Dividend Index Fund	2.29%	2.36%	2.23%	2.34%	2.20%	1.75%	2.31%	2.03%	2.50%	2.10%	2.04%	2.34%
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%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTV and FVD in my portfolio?

WTV and FVD have a correlation of 0.76, 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 FVD?

WTV has higher volatility (3.64%) compared to FVD (3.12%). In terms of maximum drawdown, WTV dropped -42.18% vs FVD's -51.00%.

Which ETF is better, WTV or FVD?

On 5-year performance, WTV leads with 13.53% vs 5.99% for FVD. On fees, WTV is cheaper at 0.12% per year. On volatility, FVD has been the lower-risk option at 3.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTV or FVD?

Over the 5-year period, WTV has performed better with a 13.53% return vs 5.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTV or FVD?

WTV is cheaper with a 0.12% expense ratio, compared with 0.61% for FVD.

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

FVD has the higher dividend yield at 2.29%, compared with 1.66% for WTV.

What is the main difference between WTV and FVD?

They also come from different issuers: WisdomTree and First Trust. Their fees differ too: 0.12% for WTV and 0.61% for FVD.

Which has better risk-adjusted returns?

WTV currently has the higher Sharpe Ratio (1.94 vs 1.02), 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.