Verified factor-set theme

Investment ETFs

These US-listed equity ETFs appear in qualifying close-risk pairs that share verified FF6 US exposure to the factors shown below. Individual funds can have additional material factor exposures. How similarity is measured.

CMA

25 funds · 35 qualifying comparison pairs

Funds in Qualifying Pairs

EQL
Alps Equal Sector Weight ETF
Rel. Sharpe 1.937 · Adj. R2 0.937 · MER 0.45%
similar cluster
1.937
SCHD
Schwab US Dividend Equity ETF
Rel. Sharpe 1.604 · Adj. R2 0.847 · MER 0.06%
similar cluster
1.604
DIVO
Amplify CWP Enhanced Dividend Income ETF
Rel. Sharpe 1.427 · Adj. R2 0.865 · MER 0.56%
similar cluster
1.427
DGRW
WisdomTree US Quality Dividend Growth Fund
Rel. Sharpe 1.314 · Adj. R2 0.946 · MER 0.28%
similar cluster
1.314
QDEF
FlexShares Quality Dividend Defensive Index Fund
Rel. Sharpe 1.305 · Adj. R2 0.945 · MER 0.40%
similar cluster
1.305
VSMV
VictoryShares US Multi-Factor Minimum Volatility ETF
Rel. Sharpe 1.232 · Adj. R2 0.847 · MER 0.42%
similar cluster
1.232
NOBL
ProShares S&P 500 Dividend Aristocrats ETF
Rel. Sharpe 1.223 · Adj. R2 0.837 · MER 0.35%
similar cluster
1.223
IWR
iShares Russell Midcap ETF
Rel. Sharpe 1.219 · Adj. R2 0.791 · MER 0.18%
similar cluster
1.219
SPHD
Invesco S&P 500 High Dividend Low Volatility ETF
Rel. Sharpe 1.206 · Adj. R2 0.775 · MER 0.30%
similar cluster
1.206
VYM
Vanguard High Dividend Yield Index ETF
Rel. Sharpe 1.205 · Adj. R2 0.934 · MER 0.04%
similar cluster
1.205
DJD
Invesco Dow Jones Industrial Average Dividend ETF
Rel. Sharpe 1.201 · Adj. R2 0.838 · MER 0.07%
similar cluster
1.201
SDY
State Street SPDR S&P Dividend ETF
Rel. Sharpe 1.107 · Adj. R2 0.835 · MER 0.35%
similar cluster
1.107
SDOG
ALPS Sector Dividend Dogs ETF
Rel. Sharpe 1.096 · Adj. R2 0.887 · MER 0.36%
similar cluster
1.096
QDF
FlexShares Quality Dividend Index Fund
Rel. Sharpe 1.086 · Adj. R2 0.967 · MER 0.40%
similar cluster
1.086
MGV
Vanguard Mega Cap Value ETF
Rel. Sharpe 1.049 · Adj. R2 0.938 · MER 0.05%
similar cluster
1.049
DUHP
Dimensional US High Profitability ETF
Rel. Sharpe 1.013 · Adj. R2 0.944 · MER 0.20%
similar cluster
1.013
CFO
VictoryShares US 500 Enhanced Volatility Wtd ETF
Rel. Sharpe 1.012 · Adj. R2 0.763 · MER 0.39%
similar cluster
1.012
OMFL
Invesco Russell 1000 Dynamic Multifactor ETF
Rel. Sharpe 1.006 · Adj. R2 0.855 · MER 0.29%
similar cluster
1.006
POWA
Invesco Bloomberg Pricing Power ETF
Rel. Sharpe 0.983 · Adj. R2 0.824 · MER 0.40%
similar cluster
0.983
FDRR
Fidelity Dividend ETF for Rising Rates
Rel. Sharpe 0.981 · Adj. R2 0.960 · MER 0.15%
similar cluster
0.981
FDVV
Fidelity High Dividend ETF
Rel. Sharpe 0.979 · Adj. R2 0.946 · MER 0.15%
similar cluster
0.979
OUSA
ALPS O'Shares U.S. Quality Dividend ETF
Rel. Sharpe 0.954 · Adj. R2 0.893 · MER 0.48%
similar cluster
0.954
DHS
WisdomTree U.S. High Dividend Fund
Rel. Sharpe 0.948 · Adj. R2 0.816 · MER 0.38%
similar cluster
0.948
EDOW
First Trust Dow 30 Equal Weight ETF
Rel. Sharpe 0.825 · Adj. R2 0.907 · MER 0.50%
similar cluster
0.825
AIVL
WisdomTree U.S. AI Enhanced Value Fund
Rel. Sharpe 0.816 · Adj. R2 0.891 · MER 0.38%
similar cluster
0.816

Top Pair Comparisons

SCHD
SDOG
Modeled factor tracking error 0.91%/yr · longer factor history 0.76%/yr · Very close factor fit
SCHD SDOG
94
DGRW
QDEF
Modeled factor tracking error 1.15%/yr · longer factor history 1.25%/yr · Very close factor fit
DGRW QDEF
92
FDVV
OUSA
Modeled factor tracking error 1.44%/yr · longer factor history 1.48%/yr · Very close factor fit
FDVV OUSA
90
DGRW
QDF
Modeled factor tracking error 1.68%/yr · longer factor history 1.64%/yr · Factor-similar
DGRW QDF
89
AIVL
VYM
Modeled factor tracking error 1.99%/yr · longer factor history 2.01%/yr · Factor-similar
AIVL VYM
87
DHS
SPHD
Modeled factor tracking error 2.00%/yr · longer factor history 2.10%/yr · Factor-similar
DHS SPHD
86
DUHP
QDF
Modeled factor tracking error 2.15%/yr · longer factor history 1.84%/yr · Factor-similar
DUHP QDF
86
DGRW
FDVV
Modeled factor tracking error 2.19%/yr · longer factor history 2.08%/yr · Factor-similar
DGRW FDVV
85
AIVL
MGV
Modeled factor tracking error 1.78%/yr · longer factor history 2.19%/yr · Factor-similar
AIVL MGV
85
QDEF
QDF
Modeled factor tracking error 2.21%/yr · longer factor history 1.92%/yr · Factor-similar
QDEF QDF
85
EDOW
FDVV
Modeled factor tracking error 2.07%/yr · longer factor history 2.22%/yr · Factor-similar
EDOW FDVV
85
OUSA
QDEF
Modeled factor tracking error 2.24%/yr · longer factor history 2.11%/yr · Factor-similar
OUSA QDEF
85
POWA
QDEF
Modeled factor tracking error 2.27%/yr · longer factor history 2.08%/yr · Factor-similar
POWA QDEF
85
EDOW
EQL
Modeled factor tracking error 2.31%/yr · longer factor history 2.23%/yr · Factor-similar
EDOW EQL
85
DGRW
EDOW
Modeled factor tracking error 2.32%/yr · longer factor history 2.27%/yr · Factor-similar
DGRW EDOW
85
DGRW
OMFL
Modeled factor tracking error 2.31%/yr · longer factor history 2.34%/yr · Factor-similar
DGRW OMFL
84
EDOW
QDF
Modeled factor tracking error 2.39%/yr · longer factor history 2.36%/yr · Factor-similar
EDOW QDF
84
EDOW
POWA
Modeled factor tracking error 2.19%/yr · longer factor history 2.43%/yr · Factor-similar
EDOW POWA
84
DJD
VYM
Modeled factor tracking error 2.35%/yr · longer factor history 2.44%/yr · Factor-similar
DJD VYM
84
FDVV
QDEF
Modeled factor tracking error 1.70%/yr · longer factor history 2.45%/yr · Factor-similar
FDVV QDEF
84
DIVO
VSMV
Modeled factor tracking error 2.37%/yr · longer factor history 2.48%/yr · Factor-similar
DIVO VSMV
83
DGRW
DUHP
Modeled factor tracking error 2.52%/yr · longer factor history 2.13%/yr · Factor-similar
DGRW DUHP
83
EDOW
QDEF
Modeled factor tracking error 2.25%/yr · longer factor history 2.54%/yr · Factor-similar
EDOW QDEF
83
DGRW
FDRR
Modeled factor tracking error 2.03%/yr · longer factor history 2.61%/yr · Factor-similar
DGRW FDRR
83
DUHP
OMFL
Modeled factor tracking error 1.72%/yr · longer factor history 2.63%/yr · Factor-similar
DUHP OMFL
82
US ETF Leaders US Universe Similarity methodology
Important context

VerifiedBeta publishes educational ETF research, not personalized investment advice, portfolio management, or security recommendations. Funds that screen well here can still be unsuitable for your objectives, taxes, liquidity needs, or constraints. Review fund documents, methodology assumptions, and your own circumstances before acting. See the full disclaimer.