Polen Dividend Income ETF (DIVZ) Performance
DIVZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.1% since Dec 31, 2025
- 1 year
- +8.6% total return
- 5 years
- +8.8% a year
- Since first price
- +10.9% a year since 2021
DIVZ trailing returns vs SPY, QQQ, AGG
| Period | DIVZ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.2% | +2.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.6% | −2.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.5% | +1.2% | +7.8% | +8.4% | −1.5% |
| YTD | +6.1% | +4.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.6% | +5.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +59.3%+16.8%/yr | +46.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +52.2%+8.8%/yr | +29.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 28, 2021 | +80.8%+10.9%/yr | +50.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DIVZ vs SPY
From Jan 28, 2021: DIVZ grew to $18,080, SPY to $21,727.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DIVZ returns by calendar year
3 of 4 full years positive. Best 2024 (+18.4%), worst 2023 (−0.5%). 2026 is year to date.
DIVZ annual returns table
| Year | DIVZ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.1% | −7.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +16.7% | −9.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.4% | −7.2% | +24.9% | +25.6% | +1.3% |
| 2023 | −0.5% | −11.7% | +26.2% | +54.9% | +5.7% |
| 2022 | +3.5% | −15.4% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DIVZ largest drawdowns
Now 3.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 7, 2022 | −15.4% | Sep 30, 2022 | Mar 20, 2024 | 4 months | 1.8 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DIVZ risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +14.6% | +9.2% | +10.6% |
| Volatility (annualized) | 10.5% | 13.7% | 13.6% |
| Sharpe ratio | 0.94 | 0.45 | 0.58 |
| Sortino ratio | 1.54 | 0.68 | 0.91 |
| Best month | +6.5% | +12.4% | +12.4% |
| Worst month | −6.1% | −9.0% | −9.0% |
| Best 12 months | +30.7% | +30.7% | +30.7% |
| Worst 12 months | +3.0% | −11.4% | −11.4% |
| Positive months | 67% | 62% | 63% |
| Beta vs S&P 500 | 0.42 | 0.58 | — |
| Correlation with S&P 500 | 0.50 | 0.66 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DIVZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 58 | −11.4% | +10.8% | +30.7% | 84% |
| 3-year (a year) | 34 | +5.3% | +10.1% | +16.8% | 100% |
| 5-year (a year) | 10 | +8.7% | +9.5% | +12.7% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
DIVZ performance overview
Polen Dividend Income ETF (DIVZ) returned +8.6% over the past year and +8.8% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +10.9% a year, turning $10,000 into about $18,080. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −15.4%, from Jun 7, 2022 to Sep 30, 2022, and it took 1.5 years to get back to the old high. DIVZ finished 3 of its 4 full calendar years with a gain; the best year was 2024 (+18.4%) and the worst 2023 (−0.5%). Volatility has been 13.6% a year.
Related: DIVZ chart, DIVZ holdings, DIVZ dividends, DIVZ valuation. See the DIVZ overview for the latest quote and fund facts.
DIVZ performance FAQ
What is the DIVZ return over the past year?
DIVZ returned +8.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.8%.
What is the average annual return of DIVZ?
DIVZ has returned +8.8% a year over 5 years, +10.9% a year since January 28, 2021 (total return, distributions reinvested).
How much would $10,000 invested in DIVZ be worth?
$10,000 invested in DIVZ at its first recorded close on January 28, 2021 would be worth about $18,080 on October 23, 2026 with distributions reinvested.
What was the worst year for DIVZ?
The worst calendar year was 2023, with a total return of −0.5%. The best was 2024 at +18.4%.
What is the biggest drawdown of DIVZ?
The largest peak-to-trough decline was −15.4% between June 7, 2022 and September 30, 2022. It recovered to the old high on March 20, 2024, 1.5 years after the bottom.
How volatile is DIVZ?
Over the past 3 years DIVZ had an annualized volatility of 10.5% and a Sharpe ratio of 0.94 (excess return over 1–3 month T-bills per unit of risk).