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DIVLvsMGVETF Comparison

ETF 1
DIVL

Madison Dividend Value ETF

This fund is part of
US High Dividend
-1.06%
Full DIVL fund page
VS
ETF 2
MGV

Vanguard Mega Cap Value ETF

This fund is part of
US Large Cap Value
-1.22%
Full MGV fund page

Madison Dividend Value ETF (DIVL) belongs to the US High Dividend segment. Vanguard Mega Cap Value ETF (MGV) is part of the US Large Cap Value segment. DIVL's top 3 sector exposures are Industrials, Energy and Financials. In contrast, MGV's top sector exposures are Financials, Health Care and Industrials. DIVL is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.05% for MGV. DIVL is up 6.31% year-to-date (YTD) with -$3M in YTD flows. MGV performs worse with 3.44% YTD performance, and +$199M in YTD flows. Run a side-by-side ETF comparison of DIVL and MGV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DIVL vs MGV performance and flow charts

Performance

-4.0-3.0-2.0-1.00.01.02.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

0 M20 M40 M60 M80 MFeb 12Feb 20Feb 27Mar 6

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
DIVL
MGV
-3.32%-3.73%
+4.78%+3.33%
+6.31%+3.44%
+15.76%+18.23%
n/a+60.38%
n/a+73.24%
Flows
DIVL
MGV
-+$73M
-$3M+$257M
-$3M+$199M
-$5M+$1.26B
-+$2.42B
-+$4.06B
Volatility and drawdown
3M1Y3Y5Y
Volatility
DIVL
MGV
+11.27%+10.67%
+14.39%+14.55%
n/a+12.07%
n/a+13.68%
Max drawdown
DIVL
MGV
-5.08%-4.71%
-11.07%-11.06%
n/a-13.12%
n/a-16.61%
Max drawdown duration
DIVL
MGV
10d29d
45d79d
n/a131d
n/a455d
Trading data

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DIVL
MGV
Last sale
3/13/2026 at 1:30 PM
$24.29
$146.36
Previous close
03/12/2026
$24.31
$146.03
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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DIVL
is actively managed and doesn’t replicate an index

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DIVL
MGV
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
DIVL
MGV
Last price
$24.29
$146.36
1D performance
-0.10%
+0.23%
AuM$61.97 M$11.30 B
E/R0.65%0.05%
Characteristics
DIVL
MGV
Management strategyActivePassive
ProviderMadison InvestmentsVanguard
Benchmark-CRSP U.S. Mega Cap Value Index
N° of holdings36118
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateAugust 15, 2023December 17, 2007
ESGNoNo
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Exposure

Countries

DIVL
USA
87.2%
Other
12.8%
MGV
USA
94.17%
Other
5.83%

Sectors

DIVL
Industrials
15.93%
Energy
13.79%
Financials
13.49%
Health Care
13.27%
Information Techn.
10.52%
Consumer Discreti.
8.33%
Other
24.67%
MGV
Financials
24.18%
Health Care
17.57%
Industrials
13.37%
Information Techn.
12.01%
Consumer Staples
11.76%
Other
21.1%
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Diversification

DIVL

Total weight of top 15 holdings out of 15

53.75%
MGV

Total weight of top 15 holdings out of 15

34.31%

Top 15 holdings

Data as of January 31, 2026
DIVL
JOHNSON&JOHNSON
4.93%
EXXON
4.45%
CHEVRON TEXACO
4.36%
NEXTERA ENERGY
4.13%
CME GROUP
3.79%
US09290D1019
3.69%
HONEYWELL INTL
3.58%
TEXAS INSTRUMENTS
3.45%
MEDTRONIC PLC
3.27%
HOME DEPOT
3.26%
PROCTERGAMBLE
3.12%
ABBVIE
3.09%
LOWE'S COS INC
3.02%
MORGAN STANLEY
2.83%
ANALOG DEVICES
2.78%
MGV
JPMORGAN CHASE
4.11%
BERKSHIRE HATHWAY
3.38%
EXXON
3.06%
JOHNSON&JOHNSON
2.81%
WALMART INC
2.68%
MICRON TECHNOLOGY
2.40%
COSTCO WHOLESALE
2.14%
ABBVIE
2.02%
HOME DEPOT
1.91%
PROCTERGAMBLE
1.82%
BK OF AMERICA CO
1.75%
CHEVRON TEXACO
1.74%
GENERAL ELECTRIC
1.58%
INTL BUSINESS MACHINES CORP
1.47%
WELLS FARGO
1.46%
Frequently asked questions about DIVL and MGV

How have the DIVL and MGV ETFs performed in 2026?

As of March 12, 2026, DIVL is up 6.31% year-to-date (YTD), while MGV has returned 3.44%. That puts DIVL better performer ahead so far this year.

Which ETF is attracting more investor money: DIVL or MGV?

Year-to-date, the DIVL ETF saw -$3M in flows, compared to +$199M for MGV.

Which ETF is more volatile: DIVL or MGV?

Over the past year, DIVL had a volatility of 14.39%, while MGV experienced 14.55%.

Which ETF is bigger: DIVL or MGV?

As of March 12, 2026, DIVL holds $61.97 M in assets under management (AUM), while MGV manages $11.30 B.

What sectors do the DIVL and MGV ETFs invest in?

DIVL leans toward sectors like Industrials, Energy and Financials. Meanwhile, MGV focuses on Financials, Health Care and Industrials.

What are the top holdings of the DIVL ETF and MGV ETF?

DIVL top holdings include JOHNSON&JOHNSON, EXXON and CHEVRON TEXACO. MGV holds in its top three: JPMORGAN CHASE, BERKSHIRE HATHWAY and EXXON.

Which ETF is more diversified: DIVL or MGV?

DIVL holds 37 securities with 53.75% of its assets in the top 15. MGV has 120 securities and a top 15 weight of 34.31%.

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