DIVY vs MVPA
Sound Equity Dividend Income ETF vs Miller Value Partners Appreciation ETF
Which is better, DIVY or MVPA?
Each has led over a different period.
DIVY has a lower expense ratio. DIVY led over 1Y, MVPA over the full window. DIVY is less concentrated, with 38.1% of the fund in its ten largest positions against 50.0%.
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 | DIVY | MVPA |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.60% |
| AUM | $28M | $70M |
| Dividend Yield | 3.17% | 0.54% |
| Holdings | 37 | 38 |
| YTD Return | +15.29%Best | +4.30% |
| 1Y Return | +20.89%Best | +3.34% |
| 3Y Return (annualized) | +10.82% | - |
| 5Y Return (annualized) | +7.72% | - |
| Volatility (annualized) | 12.5%Best | 21.5% |
| Max Drawdown | -18.3%Best | -25.9% |
| $10,000 over 2.7 years | $12,827 | $14,339Best |
| Top 10 Weight | 38.1%Best | 50.0% |
| Fund Family | Sound Income Strategies | Miller Value Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 30, 2020 | Jan 30, 2024 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 31, 2024 to Oct 14, 2026 (2.7 years).
DIVY vs MVPA 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 2.7 years both funds cover.
DIVY vs MVPA Performance
Sound Equity Dividend Income ETF (DIVY) is an ETF from Sound Income Strategies and Miller Value Partners Appreciation ETF (MVPA) is an ETF from Miller Value Funds. Over the past year DIVY returned +20.89% while MVPA returned +3.34%. Year to date, DIVY is up 15.29% versus a gain of 4.30% for MVPA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVPA has been the more volatile fund, with annualized monthly volatility of 21.5% compared with 12.5% for DIVY. 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 -18.3% for DIVY and -25.9% for MVPA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIVY charges 0.45% per year while MVPA charges 0.60%. On a $10,000 position that is $45 vs $60 annually, a gap of $15 per year that compounds over a long holding period. On income, DIVY currently yields 3.17% against 0.54% for MVPA.
Holdings Overlap
3.1% of DIVY's money is in holdings MVPA also owns. 4.0% of MVPA's money is in holdings DIVY also owns.
MVPA and DIVY share little of their money.
1 positions in common, counted across the 36 positions we hold weights for in DIVY and 35 in MVPA, against full books of 37 and 38.
What only one of them owns
Measured across the 36 and 35 positions we hold weights for.
DIVY holds 32 positions MVPA does not, 88.1% of the fund.
Largest: ACN 5.11%, PRGO 4.33%, OMC 4.17%, T 3.90%, CFG 3.85%
Top Shared Holdings
| Stock | Weight in DIVY | Weight in MVPA | Difference |
|---|---|---|---|
| UPSUnited Parcel Service, Inc | 3.07% | 4.04% | 0.97% |
You are not choosing between two funds in isolation.
Whichever of DIVY and MVPA you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVY or MVPA?
DIVY has an expense ratio of 0.45% while MVPA charges 0.60%. DIVY is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, DIVY or MVPA?
Over the past year DIVY returned +20.89% vs +3.34% for MVPA, so DIVY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVY or MVPA?
MVPA has been the more volatile fund at 21.5% annualized versus 12.5% for DIVY. Worst drawdown: DIVY -18.3% vs MVPA -25.9%.
Should I hold both DIVY and MVPA?
DIVY and MVPA have a monthly-return correlation of 0.57, 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 DIVY and MVPA?
4.0% of MVPA's money is in holdings DIVY also owns. 4.0% of MVPA's is in holdings DIVY also owns. They hold 1 positions in common, counted across the 36 positions we hold weights for in DIVY and 35 in MVPA.
Which pays a higher dividend, DIVY or MVPA?
DIVY yields 3.17% while MVPA yields 0.54%, so DIVY currently pays the higher dividend yield.
Is MVPA better than DIVY?
DIVY has a lower expense ratio. DIVY led over 1Y, MVPA over the full window. DIVY is less concentrated, with 38.1% of the fund in its ten largest positions against 50.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.