BAMD vs. MDLV

Last updated Jun 5, 2026

BAMD (Brookstone Dividend Stock ETF) and MDLV (Morgan Dempsey Large Cap Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, BAMD returned 9.83% vs 21.29% for MDLV. Their correlation of 0.86 suggests significant overlap in exposure. BAMD charges 0.95%/yr vs 0.58%/yr for MDLV.

Performance

BAMD vs. MDLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookstone Dividend Stock ETF (BAMD) and Morgan Dempsey Large Cap Value ETF (MDLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAMD achieves a 9.68% return, which is significantly lower than MDLV's 10.95% return.

BAMD

• 1D: 1.44%
• 1M: 1.23%
• YTD: 9.68%
• 6M: 9.60%
• 1Y: 9.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MDLV

• 1D: 0.67%
• 1M: 2.12%
• YTD: 10.95%
• 6M: 11.88%
• 1Y: 21.29%
• 3Y*: 13.07%
• 5Y*: —
• 10Y*: —

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

BAMD vs. MDLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BAMD Brookstone Dividend Stock ETF	9.68%	-1.33%	19.76%	10.73%
MDLV Morgan Dempsey Large Cap Value ETF	10.95%	13.30%	10.16%	5.70%

Correlation

The correlation between BAMD and MDLV is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023	0.86

The correlation between BAMD and MDLV has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

BAMD vs. MDLV - Sectors Allocation Comparison

Sectors	BAMD	MDLV
Financial Services	26.8%	14.9%
Energy	15.6%	14.4%
Technology	13.0%	9.3%
Consumer Defensive	12.8%	8.2%
Utilities	12.6%	15.2%
Industrials	4.7%	15.0%
Healthcare	4.2%	7.9%
Communication Services	4.0%	6.4%
Consumer Cyclical	3.2%	3.9%
Basic Materials	2.6%	2.6%
Real Estate	0.6%	2.2%

Return for Risk

BAMD vs. MDLV — Risk / Return Rank

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

BAMD

BAMD Risk / Return Rank: 26
BAMD Sharpe Ratio Rank: 26
BAMD Sortino Ratio Rank: 26
BAMD Omega Ratio Rank: 24
BAMD Calmar Ratio Rank: 29
BAMD Martin Ratio Rank: 27

MDLV

MDLV Risk / Return Rank: 80
MDLV Sharpe Ratio Rank: 77
MDLV Sortino Ratio Rank: 81
MDLV Omega Ratio Rank: 72
MDLV Calmar Ratio Rank: 88
MDLV Martin Ratio Rank: 81

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.

BAMD vs. MDLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookstone Dividend Stock ETF (BAMD) and Morgan Dempsey Large Cap Value ETF (MDLV). 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.

	BAMD	MDLV	Difference
Sharpe ratio: Return per unit of total volatility	0.91	2.44	-1.53
Sortino ratio: Return per unit of downside risk	1.36	3.56	-2.19
Omega ratio: Gain probability vs. loss probability	1.16	1.42	-0.26
Calmar ratio: Return relative to maximum drawdown	1.41	5.01	-3.60
Martin ratio: Return relative to average drawdown	3.71	15.75	-12.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAMD vs. MDLV - Sharpe Ratio Comparison

The current BAMD Sharpe Ratio is 0.91, which is lower than the MDLV Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of BAMD and MDLV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BAMD	MDLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	2.44	-1.53
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	1.08	+0.01

Drawdowns

BAMD vs. MDLV - Drawdown Comparison

The maximum BAMD drawdown since its inception was -15.91%, which is greater than MDLV's maximum drawdown of -10.71%. Use the drawdown chart below to compare losses from any high point for BAMD and MDLV.

Drawdown Indicators

	BAMD	MDLV	Difference
Max Drawdown Largest peak-to-trough decline	-15.91%	-10.71%	-5.20%
Max Drawdown (1Y) Largest decline over 1 year	-6.99%	-4.27%	-2.72%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.71%	—
Current Drawdown Current decline from peak	-0.03%	-0.42%	+0.39%
Average Drawdown Average peak-to-trough decline	-4.28%	-2.29%	-1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	1.36%	+1.29%

Volatility

BAMD vs. MDLV - Volatility Comparison

Brookstone Dividend Stock ETF (BAMD) and Morgan Dempsey Large Cap Value ETF (MDLV) have volatilities of 2.80% and 2.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAMD	MDLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.80%	2.83%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	6.93%	6.58%	+0.35%
Volatility (1Y) Calculated over the trailing 1-year period	10.86%	8.77%	+2.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.37%	10.51%	+2.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.37%	10.51%	+2.86%

BAMD vs. MDLV - Expense Ratio Comparison

BAMD has a 0.95% expense ratio, which is higher than MDLV's 0.58% expense ratio.

Dividends

BAMD vs. MDLV - Dividend Comparison

BAMD's dividend yield for the trailing twelve months is around 3.51%, more than MDLV's 2.78% yield.

Position	TTM	2025	2024	2023
BAMD Brookstone Dividend Stock ETF	3.51%	3.86%	4.21%	0.70%
MDLV Morgan Dempsey Large Cap Value ETF	2.78%	3.00%	2.78%	2.35%

Frequently Asked Questions

Can I hold both BAMD and MDLV in my portfolio?

BAMD and MDLV have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAMD or MDLV?

MDLV has higher volatility (2.83%) compared to BAMD (2.80%). In terms of maximum drawdown, BAMD dropped -15.91% vs MDLV's -10.71%.

Which ETF is better, BAMD or MDLV?

On 1-year performance, MDLV leads with 21.29% vs 9.83% for BAMD. On fees, MDLV is cheaper at 0.58% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BAMD or MDLV?

Over the 1-year period, MDLV has performed better with a 21.29% return vs 9.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BAMD or MDLV?

MDLV is cheaper with a 0.58% expense ratio, compared with 0.95% for BAMD.

Which ETF pays a higher dividend yield, BAMD or MDLV?

BAMD has the higher dividend yield at 3.51%, compared with 2.78% for MDLV.

What is the main difference between BAMD and MDLV?

They also come from different issuers: Brookstone and Morgan Dempsey. Their fees differ too: 0.95% for BAMD and 0.58% for MDLV.

Which has better risk-adjusted returns?

MDLV currently has the higher Sharpe Ratio (2.44 vs 0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.