Verified factor-set theme

Value + 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.

HML CMA

13 funds · 13 qualifying comparison pairs

Funds in Qualifying Pairs

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
VYM
Vanguard High Dividend Yield Index ETF
Rel. Sharpe 1.205 · Adj. R2 0.934 · MER 0.04%
similar cluster
1.205
SDOG
ALPS Sector Dividend Dogs ETF
Rel. Sharpe 1.096 · Adj. R2 0.887 · MER 0.36%
similar cluster
1.096
MGV
Vanguard Mega Cap Value ETF
Rel. Sharpe 1.049 · Adj. R2 0.938 · MER 0.05%
similar cluster
1.049
FNCL
Fidelity MSCI Financials Index ETF
Rel. Sharpe 1.028 · Adj. R2 0.875 · MER 0.08%
similar cluster
1.028
DHS
WisdomTree U.S. High Dividend Fund
Rel. Sharpe 0.948 · Adj. R2 0.816 · MER 0.38%
similar cluster
0.948
KBWB
Invesco KBW Bank ETF
Rel. Sharpe 0.867 · Adj. R2 0.831 · MER 0.35%
similar cluster
0.867
FTXO
First Trust Nasdaq Bank ETF
Rel. Sharpe 0.683 · Adj. R2 0.858 · MER 0.60%
similar cluster
0.683
IYG
iShares US Financial Services ETF
Rel. Sharpe 0.632 · Adj. R2 0.842 · MER 0.38%
similar cluster
0.632
XLF
State Street Financial Select Sector SPDR ETF
Rel. Sharpe 0.617 · Adj. R2 0.852 · MER 0.08%
similar cluster
0.617
VFH
Vanguard Financials ETF
Rel. Sharpe 0.502 · Adj. R2 0.896 · MER 0.09%
similar cluster
0.502
RSPF
Invesco S&P 500 Equal Weight Financials ETF
Rel. Sharpe 0.496 · Adj. R2 0.895 · MER 0.40%
similar cluster
0.496

Top Pair Comparisons

FNCL
VFH
Modeled factor tracking error 0.11%/yr · longer factor history 0.10%/yr · Very close factor fit
FNCL VFH
99
IYG
VFH
Modeled factor tracking error 1.47%/yr · longer factor history 1.72%/yr · Factor-similar
IYG VFH
89
FNCL
XLF
Modeled factor tracking error 1.63%/yr · longer factor history 1.73%/yr · Factor-similar
FNCL XLF
88
FNCL
IYG
Modeled factor tracking error 1.50%/yr · longer factor history 1.75%/yr · Factor-similar
FNCL IYG
88
CDL
DHS
Modeled factor tracking error 1.64%/yr · longer factor history 1.77%/yr · Factor-similar
CDL DHS
88
VFH
XLF
Modeled factor tracking error 1.68%/yr · longer factor history 1.77%/yr · Factor-similar
VFH XLF
88
DHS
DVY
Modeled factor tracking error 1.48%/yr · longer factor history 1.78%/yr · Factor-similar
DHS DVY
88
FNCL
RSPF
Modeled factor tracking error 1.63%/yr · longer factor history 2.15%/yr · Factor-similar
FNCL RSPF
86
DVY
SDOG
Modeled factor tracking error 2.04%/yr · longer factor history 2.35%/yr · Factor-similar
DVY SDOG
84
MGV
VYM
Modeled factor tracking error 2.34%/yr · longer factor history 2.57%/yr · Factor-similar
MGV VYM
83
FTXO
KBWB
Modeled factor tracking error 2.61%/yr · longer factor history 2.55%/yr · Factor-similar
FTXO KBWB
83
DHS
SDOG
Modeled factor tracking error 2.37%/yr · longer factor history 2.97%/yr · Factor-similar
DHS SDOG
80
IYG
XLF
Modeled factor tracking error 2.53%/yr · longer factor history 2.98%/yr · Factor-similar
IYG XLF
80
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.