RDIV: Solid Value Play, Yet Triple Digit Turnover And Lackluster Growth Characteristics


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Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) is a value-heavy high-turnover dividend fund I previously covered in October 2021; back then, it earned a Hold rating from me. Today’s note is supposed to provide an update on its portfolio composition, discuss its

Portfolio IVV RDIV MDY
Initial Balance $10,000 $10,000 $10,000
Final Balance $17,856 $14,064 $15,874
CAGR 14.93% 8.53% 11.73%
Stdev 18.80% 26.70% 22.51%
Best Year 28.76% 27.93% 24.21%
Worst Year -18.16% -10.37% -13.28%
Max. Drawdown -23.93% -40.38% -29.63%
Sharpe Ratio 0.76 0.39 0.54
Sortino Ratio 1.18 0.56 0.81
Market Correlation 1 0.81 0.94



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