ELCV vs HUSV

Quick Verdict

ELCV has a lower expense ratio. ELCV delivered stronger 1-year returns. HUSV offers more diversification with 101 holdings.

Lower Fees: ELCVHigher Returns: ELCVMore Diversified: HUSV

Side-by-Side Comparison

MetricELCVHUSVWinner
Expense Ratio0.49%0.70%
AUM$251M$74M
Dividend Yield2.06%1.37%
Holdings47101
YTD Return+18.65%+8.58%
1Y Return+25.13%+5.89%
3Y Return (annualized)-+9.95%
5Y Return (annualized)-+6.22%
Volatility (annualized)13.8%13.2%
Max Drawdown-18.4%-35.7%
Fund FamilyEventideFirst Trust Portfolios (US)
CategoryEquityEquity
InceptionSep 30, 2024Aug 24, 2016

ELCV vs HUSV Performance

Eventide High Dividend ETF (ELCV) is a ETF from Eventide and First Trust Horizon Managed Volatility Domestic ETF (HUSV) is a ETF from First Trust Portfolios (US). Over the past year ELCV returned +25.13% while HUSV returned +5.89%. Year to date, ELCV is up 18.65% versus a gain of 8.58% for HUSV.

Risk: Volatility and Drawdowns

ELCV has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 13.2% for HUSV. 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 -18.4% for ELCV and -35.7% for HUSV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ELCV charges 0.49% per year while HUSV charges 0.70%. On a $10,000 position that is $49 vs $70 annually, a gap of $21 per year that compounds over a long holding period. On income, ELCV currently yields 2.06% against 1.37% for HUSV.

Holdings Overlap

5.9%overlap

ELCV and HUSV share 8 holdings out of 139 unique holdings combined, representing a 5.9% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ELCVWeight in HUSVDifference
WMB4.09%0.50%3.59%
XOM3.55%0.44%3.11%
WEC2.21%1.62%0.59%
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MDT:IEProProPro
DUKProProPro
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Frequently Asked Questions

Which is cheaper, ELCV or HUSV?

ELCV has an expense ratio of 0.49% while HUSV charges 0.70%. ELCV is the cheaper option. On a $10,000 investment, that is $21 per year of difference.

Which performed better, ELCV or HUSV?

Over the past year ELCV returned +25.13% vs +5.89% for HUSV, so ELCV leads on 1-year performance. Over the longest common window we track (2 years), ELCV annualized +15.23% vs +8.52% for HUSV. Past performance does not guarantee future results.

Which is riskier, ELCV or HUSV?

ELCV has been the more volatile fund at 13.8% annualized versus 13.2% for HUSV. Worst drawdown: ELCV -18.4% vs HUSV -35.7%.

Should I hold both ELCV and HUSV?

ELCV and HUSV have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ELCV and HUSV?

ELCV and HUSV share 8 common holdings with a 5.9% weight overlap. Combined, they hold 139 unique securities.

Which pays a higher dividend, ELCV or HUSV?

ELCV yields 2.06% while HUSV yields 1.37%, so ELCV currently pays the higher dividend yield.

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