Verified factor-set theme

Profitability + 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.

RMW CMA

9 funds · 12 qualifying comparison pairs

Funds in Qualifying Pairs

SCHD
Schwab US Dividend Equity ETF
Rel. Sharpe 1.604 · Adj. R2 0.847 · MER 0.06%
similar cluster
1.604
DVY
iShares Select Dividend ETF
Rel. Sharpe 1.259 · Adj. R2 0.833 · MER 0.38%
similar cluster
1.259
CDL
VictoryShares US Large Cap High Dividend Volatility Wtd ETF
Rel. Sharpe 1.235 · Adj. R2 0.869 · MER 0.39%
similar cluster
1.235
NOBL
ProShares S&P 500 Dividend Aristocrats ETF
Rel. Sharpe 1.223 · Adj. R2 0.837 · MER 0.35%
similar cluster
1.223
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
VSDA
VictoryShares Dividend Accelerator ETF
Rel. Sharpe 1.205 · Adj. R2 0.812 · MER 0.40%
similar cluster
1.205
SDY
State Street SPDR S&P Dividend ETF
Rel. Sharpe 1.107 · Adj. R2 0.835 · MER 0.35%
similar cluster
1.107
POWA
Invesco Bloomberg Pricing Power ETF
Rel. Sharpe 0.983 · Adj. R2 0.824 · MER 0.40%
similar cluster
0.983
OUSA
ALPS O'Shares U.S. Quality Dividend ETF
Rel. Sharpe 0.954 · Adj. R2 0.893 · MER 0.48%
similar cluster
0.954

Top Pair Comparisons

NOBL
SDY
Modeled factor tracking error 0.96%/yr · longer factor history 1.09%/yr · Very close factor fit
NOBL SDY
93
NOBL
VSDA
Modeled factor tracking error 1.17%/yr · longer factor history 1.13%/yr · Very close factor fit
NOBL VSDA
92
CDL
SPHD
Modeled factor tracking error 1.33%/yr · longer factor history 1.05%/yr · Very close factor fit
CDL SPHD
91
CDL
SDY
Modeled factor tracking error 1.52%/yr · longer factor history 1.73%/yr · Factor-similar
CDL SDY
88
SDY
VSDA
Modeled factor tracking error 1.67%/yr · longer factor history 1.84%/yr · Factor-similar
SDY VSDA
88
SDY
SPHD
Modeled factor tracking error 2.08%/yr · longer factor history 2.02%/yr · Factor-similar
SDY SPHD
86
DVY
SCHD
Modeled factor tracking error 2.26%/yr · longer factor history 2.43%/yr · Factor-similar
DVY SCHD
84
DVY
SDY
Modeled factor tracking error 2.05%/yr · longer factor history 2.43%/yr · Factor-similar
DVY SDY
84
CDL
NOBL
Modeled factor tracking error 2.22%/yr · longer factor history 2.56%/yr · Factor-similar
CDL NOBL
83
DVY
SPHD
Modeled factor tracking error 2.33%/yr · longer factor history 2.58%/yr · Factor-similar
DVY SPHD
83
DVY
NOBL
Modeled factor tracking error 2.30%/yr · longer factor history 2.73%/yr · Factor-similar
DVY NOBL
82
OUSA
POWA
Modeled factor tracking error 2.55%/yr · longer factor history 2.89%/yr · Factor-similar
OUSA POWA
81
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.