AVTM vs. BDVL

Last updated Apr 1, 2026

Compare and contrast key facts about Avantis Total Equity Markets ETF (AVTM) and iShares Disciplined Volatility Equity Active ETF (BDVL).

AVTM and BDVL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVTM is an actively managed fund by Avantis. It was launched on Jan 30, 2026. BDVL is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Minimum Volatility Index. It was launched on Sep 12, 2025.

Performance

AVTM vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Total Equity Markets ETF (AVTM) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

AVTM vs. BDVL - Yearly Performance Comparison

	2026 (YTD)
AVTM Avantis Total Equity Markets ETF	-5.74%
BDVL iShares Disciplined Volatility Equity Active ETF	-2.80%

Returns By Period

AVTM

• 1D: 2.99%
• 1M: -5.11%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVL

• 1D: 2.08%
• 1M: -5.45%
• YTD: -0.63%
• 6M: 1.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVTM vs. BDVL - Expense Ratio Comparison

AVTM has a 0.22% expense ratio, which is lower than BDVL's 0.40% expense ratio.

BDVL

iShares Disciplined Volatility Equity Active ETF

AVTM

Avantis Total Equity Markets ETF

Return for Risk

AVTM vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Total Equity Markets ETF (AVTM) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AVTM	BDVL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.71	0.27	-1.97

Correlation

The correlation between AVTM and BDVL is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AVTM vs. BDVL - Dividend Comparison

AVTM's dividend yield for the trailing twelve months is around 0.09%, less than BDVL's 2.81% yield.

	TTM	2025
AVTM Avantis Total Equity Markets ETF	0.09%	0.00%
BDVL iShares Disciplined Volatility Equity Active ETF	2.81%	2.79%

Drawdowns

AVTM vs. BDVL - Drawdown Comparison

The maximum AVTM drawdown since its inception was -9.21%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for AVTM and BDVL.

Drawdown Indicators

	AVTM	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-9.21%	-7.71%	-1.50%
Current Drawdown Current decline from peak	-6.49%	-5.45%	-1.04%
Average Drawdown Average peak-to-trough decline	-3.31%	-1.17%	-2.14%

Volatility

Volatility by Period

	AVTM	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	9.29%	+9.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	9.29%	+9.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	9.29%	+9.17%