YLDE vs. FDIV
YLDE (ClearBridge Dividend Strategy ESG ETF) and FDIV (MarketDesk Focused U.S. Dividend ETF) are both Dividend funds. Both are actively managed. Over the past 5 years, YLDE returned 9.54%/yr vs -8.67%/yr for FDIV. A 0.52 correlation means they provide meaningful diversification when combined. YLDE charges 0.60%/yr vs 0.35%/yr for FDIV.
Performance
YLDE vs. FDIV - Performance Comparison
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Returns By Period
In the year-to-date period, YLDE achieves a 4.09% return, which is significantly higher than FDIV's 0.72% return.
YLDE
- 1D
- -0.32%
- 1M
- 0.13%
- YTD
- 4.09%
- 6M
- 5.06%
- 1Y
- 13.89%
- 3Y*
- 14.60%
- 5Y*
- 9.54%
- 10Y*
- —
FDIV
- 1D
- -0.85%
- 1M
- -0.84%
- YTD
- 0.72%
- 6M
- 1.52%
- 1Y
- 7.68%
- 3Y*
- -12.10%
- 5Y*
- -8.67%
- 10Y*
- -2.13%
YLDE vs. FDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
YLDE ClearBridge Dividend Strategy ESG ETF | 4.09% | 13.09% | 16.44% | 15.69% | -8.56% | 22.12% | 10.35% | 32.46% | -5.74% | 11.35% |
FDIV MarketDesk Focused U.S. Dividend ETF | 0.72% | 2.95% | -37.35% | 6.78% | -9.97% | 10.20% | -2.84% | 15.78% | -5.04% | 2.31% |
Correlation
The correlation between YLDE and FDIV 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 | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since May 24, 2017 | 0.52 |
Over the past year, YLDE and FDIV have become more correlated (0.76) than their long-term average of 0.52, meaning their price movements have been converging.
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Return for Risk
YLDE vs. FDIV — Risk / Return Rank
YLDE
FDIV
YLDE vs. FDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy ESG ETF (YLDE) and MarketDesk Focused U.S. Dividend ETF (FDIV). 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.
| YLDE | FDIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.11 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 0.96 | +0.88 |
| Martin ratioReturn relative to average drawdown | 6.84 | 2.56 | +4.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| YLDE | FDIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 0.61 | +0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | -0.42 | +1.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.12 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | -0.08 | +0.82 |
Drawdowns
YLDE vs. FDIV - Drawdown Comparison
The maximum YLDE drawdown since its inception was -33.23%, smaller than the maximum FDIV drawdown of -47.90%. Use the drawdown chart below to compare losses from any high point for YLDE and FDIV.
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Drawdown Indicators
| YLDE | FDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.23% | -47.90% | +14.67% |
Max Drawdown (1Y)Largest decline over 1 year | -7.59% | -8.01% | +0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -11.42% | -45.64% | +34.22% |
Max Drawdown (5Y)Largest decline over 5 years | -20.22% | -47.90% | +27.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.90% | — |
Current DrawdownCurrent decline from peak | -2.54% | -38.05% | +35.51% |
Average DrawdownAverage peak-to-trough decline | -3.55% | -11.15% | +7.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 3.01% | -0.98% |
Volatility
YLDE vs. FDIV - Volatility Comparison
The current volatility for ClearBridge Dividend Strategy ESG ETF (YLDE) is 1.81%, while MarketDesk Focused U.S. Dividend ETF (FDIV) has a volatility of 2.99%. This indicates that YLDE experiences smaller price fluctuations and is considered to be less risky than FDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| YLDE | FDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.81% | 2.99% | -1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 6.74% | 8.57% | -1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.31% | 12.78% | -3.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.50% | 20.81% | -7.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.76% | 17.54% | -1.78% |
YLDE vs. FDIV - Expense Ratio Comparison
YLDE has a 0.60% expense ratio, which is higher than FDIV's 0.35% expense ratio.
Dividends
YLDE vs. FDIV - Dividend Comparison
YLDE's dividend yield for the trailing twelve months is around 7.04%, more than FDIV's 2.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 2.89% | 2.95% | 4.12% | 4.63% | 3.81% | 3.79% | 4.17% | 3.93% | 5.13% | 3.81% | 3.84% | 4.13% |
YLDE ClearBridge Dividend Strategy ESG ETF | 7.04% | 5.68% | 1.69% | 1.64% | 1.68% | 1.15% | 1.46% | 1.65% | 2.25% | 1.31% | 0.00% | 0.00% |
Frequently Asked Questions
YLDE and FDIV 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.
FDIV has higher volatility (2.99%) compared to YLDE (1.81%). In terms of maximum drawdown, YLDE dropped -33.23% vs FDIV's -47.90%.
On 5-year performance, YLDE leads with 9.54% vs -8.67% for FDIV. On fees, FDIV is cheaper at 0.35% per year. On volatility, YLDE has been the lower-risk option at 1.81%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, YLDE has performed better with a 9.54% return vs -8.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDIV is cheaper with a 0.35% expense ratio, compared with 0.60% for YLDE.
YLDE has the higher dividend yield at 7.04%, compared with 2.89% for FDIV.
They also come from different issuers: Franklin Templeton and MarketDesk. Their fees differ too: 0.60% for YLDE and 0.35% for FDIV.
YLDE currently has the higher Sharpe Ratio (1.50 vs 0.61), 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.
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