AVGV vs. BDVL

Last updated Jun 4, 2026

AVGV (Avantis ALL Equity Markets Value ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. AVGV is actively managed, while BDVL is passively managed. Their correlation of 0.81 suggests significant overlap in exposure. AVGV charges 0.26%/yr vs 0.40%/yr for BDVL.

Performance

AVGV vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis ALL Equity Markets Value ETF (AVGV) 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, AVGV achieves a 16.99% return, which is significantly higher than BDVL's 4.71% return.

AVGV

• 1D: -0.48%
• 1M: 4.06%
• YTD: 16.99%
• 6M: 18.62%
• 1Y: 36.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVL

• 1D: -0.44%
• 1M: 0.91%
• YTD: 4.71%
• 6M: 5.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGV vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
AVGV Avantis ALL Equity Markets Value ETF	16.99%	5.32%
BDVL iShares Disciplined Volatility Equity Active ETF	4.71%	1.97%

Correlation

The correlation between AVGV and BDVL is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	0.81

AVGV vs. BDVL - Sectors Allocation Comparison

Sectors	AVGV	BDVL
Financial Services	21.6%	13.9%
Industrials	16.1%	15.4%
Consumer Cyclical	14.5%	8.5%
Energy	13.6%	2.8%
Technology	10.5%	23.0%
Basic Materials	7.3%	2.6%
Consumer Defensive	5.5%	6.3%
Communication Services	4.9%	10.7%
Healthcare	4.5%	11.1%
Real Estate	0.8%	1.0%
Utilities	0.7%	4.8%

Return for Risk

AVGV vs. BDVL — Risk / Return Rank

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

AVGV

AVGV Risk / Return Rank: 84
AVGV Sharpe Ratio Rank: 85
AVGV Sortino Ratio Rank: 86
AVGV Omega Ratio Rank: 82
AVGV Calmar Ratio Rank: 83
AVGV Martin Ratio Rank: 84

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.

AVGV vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis ALL Equity Markets Value ETF (AVGV) 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.

	AVGV	BDVL	Difference
Sharpe ratio: Return per unit of total volatility	2.84	—	—
Sortino ratio: Return per unit of downside risk	3.93	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	4.52	—	—
Martin ratio: Return relative to average drawdown	17.72	—	—
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

	AVGV	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.46	1.01	+0.44

Drawdowns

AVGV vs. BDVL - Drawdown Comparison

The maximum AVGV drawdown since its inception was -17.03%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for AVGV and BDVL.

Drawdown Indicators

	AVGV	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-17.03%	-7.71%	-9.32%
Max Drawdown (1Y) Largest decline over 1 year	-8.12%	—	—
Current Drawdown Current decline from peak	-0.48%	-0.95%	+0.47%
Average Drawdown Average peak-to-trough decline	-2.30%	-1.19%	-1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	—	—

Volatility

Volatility by Period

	AVGV	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.94%	9.49%	+3.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.97%	9.49%	+5.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.97%	9.49%	+5.48%

AVGV vs. BDVL - Expense Ratio Comparison

AVGV has a 0.26% expense ratio, which is lower than BDVL's 0.40% expense ratio.

Dividends

AVGV vs. BDVL - Dividend Comparison

AVGV's dividend yield for the trailing twelve months is around 1.89%, less than BDVL's 2.66% yield.

Position	TTM	2025	2024	2023
AVGV Avantis ALL Equity Markets Value ETF	1.89%	1.98%	2.32%	1.14%
BDVL iShares Disciplined Volatility Equity Active ETF	2.66%	2.79%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVGV and BDVL in my portfolio?

AVGV and BDVL have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVGV or BDVL?

On fees, AVGV is cheaper at 0.26% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVGV or BDVL?

AVGV is cheaper with a 0.26% expense ratio, compared with 0.40% for BDVL.

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

BDVL has the higher dividend yield at 2.66%, compared with 1.89% for AVGV.

What is the main difference between AVGV and BDVL?

They also come from different issuers: Avantis and iShares. Their fees differ too: 0.26% for AVGV and 0.40% for BDVL.