AGQI vs. BDVL

Last updated Jun 5, 2026

AGQI (First Trust Active Global Quality Income ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. AGQI is actively managed, while BDVL is passively managed. A 0.79 correlation means they provide meaningful diversification when combined. AGQI charges 0.85%/yr vs 0.40%/yr for BDVL.

Performance

AGQI vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Active Global Quality Income ETF (AGQI) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGQI achieves a 11.27% return, which is significantly higher than BDVL's 5.11% return.

AGQI

• 1D: 0.09%
• 1M: 2.06%
• YTD: 11.27%
• 6M: 12.49%
• 1Y: 24.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVL

• 1D: 0.38%
• 1M: 0.49%
• YTD: 5.11%
• 6M: 5.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGQI vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
AGQI First Trust Active Global Quality Income ETF	11.27%	2.81%
BDVL iShares Disciplined Volatility Equity Active ETF	5.11%	1.97%

Correlation

The correlation between AGQI and BDVL is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	0.79

AGQI vs. BDVL - Sectors Allocation Comparison

Sectors	AGQI	BDVL
Technology	17.4%	23.0%
Financial Services	14.7%	13.9%
Consumer Defensive	14.6%	6.3%
Industrials	11.4%	15.4%
Energy	10.4%	2.8%
Healthcare	9.6%	11.1%
Communication Services	6.6%	10.7%
Utilities	6.2%	4.8%
Consumer Cyclical	5.5%	8.5%
Basic Materials	3.6%	2.6%
Real Estate	-	1.0%

Return for Risk

AGQI vs. BDVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGQI

AGQI Risk / Return Rank: 59
AGQI Sharpe Ratio Rank: 63
AGQI Sortino Ratio Rank: 61
AGQI Omega Ratio Rank: 62
AGQI Calmar Ratio Rank: 54
AGQI Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGQI vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Active Global Quality Income ETF (AGQI) and iShares Disciplined Volatility Equity Active ETF (BDVL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AGQI	BDVL	Difference
Sharpe ratio: Return per unit of total volatility	2.07	—	—
Sortino ratio: Return per unit of downside risk	2.80	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.64	—	—
Martin ratio: Return relative to average drawdown	9.43	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AGQI	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.46	1.07	+0.39

Drawdowns

AGQI vs. BDVL - Drawdown Comparison

The maximum AGQI drawdown since its inception was -14.07%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for AGQI and BDVL.

Drawdown Indicators

	AGQI	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-14.07%	-7.71%	-6.36%
Max Drawdown (1Y) Largest decline over 1 year	-9.15%	—	—
Current Drawdown Current decline from peak	-0.22%	-0.57%	+0.35%
Average Drawdown Average peak-to-trough decline	-2.17%	-1.19%	-0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	—	—

Volatility

Volatility by Period

	AGQI	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.67%	9.47%	+2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.56%	9.47%	+3.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.56%	9.47%	+3.09%

AGQI vs. BDVL - Expense Ratio Comparison

AGQI has a 0.85% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

AGQI vs. BDVL - Dividend Comparison

AGQI's dividend yield for the trailing twelve months is around 2.03%, less than BDVL's 2.65% yield.

Position	TTM	2025	2024	2023
AGQI First Trust Active Global Quality Income ETF	2.03%	2.54%	2.14%	0.14%
BDVL iShares Disciplined Volatility Equity Active ETF	2.65%	2.79%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AGQI and BDVL in my portfolio?

AGQI and BDVL have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AGQI or BDVL?

On fees, BDVL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AGQI or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.85% for AGQI.

Which ETF pays a higher dividend yield, AGQI or BDVL?

BDVL has the higher dividend yield at 2.65%, compared with 2.03% for AGQI.

What is the main difference between AGQI and BDVL?

They also come from different issuers: First Trust and iShares. Their fees differ too: 0.85% for AGQI and 0.40% for BDVL.