Diversified Income 120 vs Test Aaron

How $10,000 would have grown in each — compared across total return, income, NAV, and risk.

Compared over their common history since Oct 2024.

Judge on

Window

WinnerDiversified Income 120

Medium riskMedium reward

6.7%

yield · $56/mo per $10k

Test Aaron

High riskMedium reward

7.7%

yield · $64/mo per $10k

Diversified Income 120 wins on total return (2–0, full common history).

Growth of $10,000 (dividends reinvested)

Diversified Income 120Test AaronDistributions reinvested · hypothetical, fixed weights

Total Return2–0

22.3%

Total Ret.

19.3%

13.4%

CAGR

11.7%

Income0–3

6.7%

Yield

7.7%

$56

Income

$64

1.28

Steadiness

0.35

Principal / NAV2–0

6.6%

NAV

5.7%

-8.3%

Max DD

-11.4%

Risk4–0

4.5

Risk-Adj.

4.0

2.48

Sortino

1.56

7.9%

Volatility

10.5%

2.2

Safety

3.6

Holdings overlap

0% overlap

Diversified Income 120 only

BIL 15%QDVO 13%VRP 12%FPE 10%AMLP 10%AMRFX 10%ANCFX 10%XPAY 10%BKLN 10%

Shared

No shared holdings

Test Aaron only

JEPI 40%QQQH 40%SCHD 20%

The risk-first read

Diversified Income 120 wins. Test Aaron dangles a bigger 7.7% headline yield, but after NAV erosion its total return (19.3%) trails Diversified Income 120's 22.3% — and at a higher risk tier (3.6 vs 2.2). The classic yield trap.

Get one battle like this in your inbox every week

The Dividend Brief — free, risk-first, 2-min read.

Run your own matchups

Filter 30 portfolios by risk and reward and let the data crown a champion.

Growth is a hypothetical, fixed-weight backtest with distributions reinvested at ex-date since Oct 2024 — no fees or taxes; past performance doesn't predict future results. How these numbers are computed. Not investment advice.