DIVL vs REVS
Madison Dividend Value ETF vs Columbia Research Enhanced Value ETF
Which is better, DIVL or REVS?
REVS has been ahead.
REVS has a lower expense ratio. REVS led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. REVS is less concentrated, with 33.6% 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 | REVS |
|---|---|---|
| Expense Ratio | 0.65% | 0.19%Best |
| AUM | $61M | $370M |
| Dividend Yield | 1.83% | 1.84% |
| Holdings | 40 | 611 |
| YTD Return | +10.65% | +18.22%Best |
| 1Y Return | +12.67% | +23.33%Best |
| 3Y Return (annualized) | +12.06% | +20.60%Best |
| 5Y Return (annualized) | - | +12.45% |
| Volatility (annualized) | 12.0%Best | 12.2% |
| Max Drawdown | -14.1%Best | -16.4% |
| $10,000 over 3.2 years | $13,610 | $17,117Best |
| Top 10 Weight | 41.2% | 33.6%Best |
| Fund Family | Madison Funds | Columbia Threadneedle Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 14, 2023 | Sep 25, 2019 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 15, 2023 to Oct 14, 2026 (3.2 years).
DIVL vs REVS 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 3.2 years both funds cover.
DIVL vs REVS Performance
Madison Dividend Value ETF (DIVL) is an ETF from Madison Funds and Columbia Research Enhanced Value ETF (REVS) is an ETF from Columbia Threadneedle Investments. Over the past year DIVL returned +12.67% while REVS returned +23.33%. Year to date, DIVL is up 10.65% versus a gain of 18.22% for REVS.
Over three years, DIVL compounded at +12.06% per year against +20.60% for REVS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
REVS has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 12.0% for DIVL. 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 -14.1% for DIVL and -16.4% for REVS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DIVL charges 0.65% per year while REVS charges 0.19%. On a $10,000 position that is $65 vs $19 annually, a gap of $46 per year that compounds over a long holding period. On income, DIVL currently yields 1.83% against 1.84% for REVS.
Holdings Overlap
37.8% of DIVL's money is in holdings REVS also owns. 15.5% of REVS's money is in holdings DIVL also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 37 positions we hold weights for in DIVL and 298 in REVS, against full books of 40 and 611.
What only one of them owns
Our book lists 270 positions for REVS that do not appear in our book for DIVL (82.3% of the fund), and 22 for DIVL that do not appear in REVS (60.8%).
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 REVS | Difference |
|---|---|---|---|
| CVXChevron Corp | 5.27% | 2.92% | 2.35% |
| BACBank of America Corp.: Financials | 2.64% | 3.84% | 1.20% |
| ABBVAbbvie Inc. | 3.80% | 1.11% | 2.69% |
| COPConocophillips Common Stock USD 0.01 | 3.56% | 1.23% | 2.33% |
| NEENextera Energy Inc | 3.58% | 1.14% | 2.44% |
| ADIAnalog Devices, Inc. | 3.51% | 0.60% | 2.91% |
| ITWIllinois Tool Works Inc. | 3.14% | 0.58% | 2.56% |
| CLColgate-Palmolive Co | 2.70% | 0.74% | 1.96% |
| SCHWSchwab Strategic T | 1.50% | 1.64% | 0.14% |
| AMGNAmgen Inc. | 2.82% | 0.15% | 2.67% |
37.8% of DIVL is already inside REVS.
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 REVS?
DIVL has an expense ratio of 0.65% while REVS charges 0.19%. REVS is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, DIVL or REVS?
Over the past year DIVL returned +12.67% vs +23.33% for REVS, so REVS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVL or REVS?
REVS has been the more volatile fund at 12.2% annualized versus 12.0% for DIVL. Worst drawdown: DIVL -14.1% vs REVS -16.4%.
Should I hold both DIVL and REVS?
DIVL and REVS have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DIVL and REVS?
37.8% of DIVL's money is in holdings REVS also owns. 15.5% of REVS's is in holdings DIVL also owns. They hold 14 positions in common, counted across the 37 positions we hold weights for in DIVL and 298 in REVS.
Which pays a higher dividend, DIVL or REVS?
DIVL yields 1.83% while REVS yields 1.84%, so REVS currently pays the higher dividend yield.
Is REVS better than DIVL?
REVS has a lower expense ratio. REVS led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. REVS is less concentrated, with 33.6% 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.