DIVL vs MFSV
Madison Dividend Value ETF vs MFS Active Value ETF
Which is better, DIVL or MFSV?
Each has led over a different period.
MFSV has a lower expense ratio. DIVL led over 1Y, MFSV over the full window. MFSV is less concentrated, with 32.9% of the fund in its ten largest positions against 41.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DIVL | MFSV |
|---|---|---|
| Expense Ratio | 0.65% | 0.44%Best |
| AUM | $61M | $618M |
| Dividend Yield | 1.83% | 1.41% |
| Holdings | 40 | 64 |
| YTD Return | +10.65%Best | +9.21% |
| 1Y Return | +12.67%Best | +12.64% |
| 3Y Return (annualized) | +12.06% | - |
| Volatility (annualized) | 11.0% | 9.6%Best |
| Max Drawdown | -12.9% | -12.7%Best |
| $10,000 over 1.9 years | $11,656 | $11,981Best |
| Top 10 Weight | 41.2% | 32.9%Best |
| Fund Family | Madison Funds | MFS Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 14, 2023 | Dec 5, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 5, 2024 to Oct 14, 2026 (1.9 years).
DIVL vs MFSV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
DIVL vs MFSV Performance
Madison Dividend Value ETF (DIVL) is an ETF from Madison Funds and MFS Active Value ETF (MFSV) is an ETF from MFS Investment Management. Over the past year DIVL returned +12.67% while MFSV returned +12.64%. Year to date, DIVL is up 10.65% versus a gain of 9.21% for MFSV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVL has been the more volatile fund, with annualized monthly volatility of 11.0% compared with 9.6% for MFSV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.9% for DIVL and -12.7% for MFSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DIVL charges 0.65% per year while MFSV charges 0.44%. On a $10,000 position that is $65 vs $44 annually, a gap of $21 per year that compounds over a long holding period. On income, DIVL currently yields 1.83% against 1.41% for MFSV.
Holdings Overlap
53.0% of DIVL's money is in holdings MFSV also owns. 30.3% of MFSV's money is in holdings DIVL also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 37 positions we hold weights for in DIVL and 60 in MFSV, against full books of 40 and 64.
What only one of them owns
Our book lists 43 positions for MFSV that do not appear in our book for DIVL (66.4% of the fund), and 20 for DIVL that do not appear in MFSV (45.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DIVL | Weight in MFSV | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 5.26% | 3.04% | 2.22% |
| CVXChevron Corp | 5.27% | 2.29% | 2.98% |
| JPMJpmorgan Chase | 2.77% | 4.50% | 1.73% |
| JNJJohnson & Johnson - Common | 5.57% | 1.66% | 3.91% |
| COPConocophillips Common Stock USD 0.01 | 3.56% | 2.14% | 1.42% |
| ADIAnalog Devices, Inc. | 3.51% | 1.88% | 1.63% |
| UNPUnion Pacific Corp | 3.49% | 1.80% | 1.69% |
| ABBVAbbvie Inc. | 3.80% | 1.48% | 2.32% |
| BACBank of America Corp.: Financials | 2.64% | 2.25% | 0.39% |
| PGProcter & Gamble Company | 3.38% | 1.19% | 2.19% |
53.0% of DIVL is already inside MFSV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVL or MFSV?
DIVL has an expense ratio of 0.65% while MFSV charges 0.44%. MFSV is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, DIVL or MFSV?
Over the past year DIVL returned +12.67% vs +12.64% for MFSV, so DIVL leads on 1-year performance. Over the longest common window we track (2 years), DIVL annualized +8.40% vs +9.98% for MFSV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVL or MFSV?
DIVL has been the more volatile fund at 11.0% annualized versus 9.6% for MFSV. Worst drawdown: DIVL -12.9% vs MFSV -12.7%.
Should I hold both DIVL and MFSV?
DIVL and MFSV have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DIVL and MFSV?
53.0% of DIVL's money is in holdings MFSV also owns. 30.3% of MFSV's is in holdings DIVL also owns. They hold 16 positions in common, counted across the 37 positions we hold weights for in DIVL and 60 in MFSV.
Which pays a higher dividend, DIVL or MFSV?
DIVL yields 1.83% while MFSV yields 1.41%, so DIVL currently pays the higher dividend yield.
Is MFSV better than DIVL?
MFSV has a lower expense ratio. DIVL led over 1Y, MFSV over the full window. MFSV is less concentrated, with 32.9% of the fund in its ten largest positions against 41.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.