BDVG vs. WEEI

Last updated Aug 2, 2026

BDVG (iMGP Berkshire Dividend Growth ETF) and WEEI (Westwood Salient Enhanced Energy Income ETF) are both exchange-traded funds - BDVG is a Large Cap Value Equities fund actively managed by iMGP, while WEEI is a Energy Equities fund actively managed by Westwood. Both are actively managed. Over the past year, BDVG returned 24.16% vs 30.50% for WEEI. Their 0.40 correlation means their historical movements had little consistent relationship. BDVG charges 0.55%/yr vs 0.85%/yr for WEEI.

Performance

BDVG vs. WEEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iMGP Berkshire Dividend Growth ETF (BDVG) and Westwood Salient Enhanced Energy Income ETF (WEEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BDVG achieves a 16.58% return, which is significantly lower than WEEI's 20.96% return.

BDVG

• 1D: -0.10%
• 1M: 2.70%
• 6M: 13.43%
• YTD: 16.58%
• 1Y: 24.16%
• 3Y*: 14.40%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.86%

WEEI

• 1D: 0.40%
• 1M: 9.54%
• 6M: 11.64%
• YTD: 20.96%
• 1Y: 30.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.50%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BDVG iMGP Berkshire Dividend Growth ETF	$181.71K	$223.58K	$197.42K
WEEI Westwood Salient Enhanced Energy Income ETF	$1.31M	$1.32M	$1.22M

BDVG vs. WEEI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BDVG iMGP Berkshire Dividend Growth ETF	16.58%	13.81%	8.14%
WEEI Westwood Salient Enhanced Energy Income ETF	20.96%	11.28%	-3.19%

Correlation

The correlation between BDVG and WEEI is 0.25, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.25
Correlation (All Time) Calculated using the full available price history since May 1, 2024	0.40

The correlation between BDVG and WEEI shifts across timeframes, from 0.25 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

BDVG vs. WEEI - Sectors Allocation Comparison

Sectors	BDVG	WEEI
Technology	19.0%	-
Industrials	18.1%	-
Financial Services	17.3%	-
Consumer Defensive	11.6%	-
Healthcare	9.9%	-
Consumer Cyclical	7.8%	-
Energy	7.6%	100.0%
Basic Materials	3.2%	-
Utilities	3.0%	-
Real Estate	1.4%	-
Communication Services	0.6%	-

Return for Risk

BDVG vs. WEEI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BDVG

BDVG Risk / Return Rank: 90
BDVG Sharpe Ratio Rank: 91
BDVG Sortino Ratio Rank: 93
BDVG Omega Ratio Rank: 90
BDVG Calmar Ratio Rank: 88
BDVG Martin Ratio Rank: 88

WEEI

WEEI Risk / Return Rank: 78
WEEI Sharpe Ratio Rank: 84
WEEI Sortino Ratio Rank: 79
WEEI Omega Ratio Rank: 80
WEEI Calmar Ratio Rank: 79
WEEI Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BDVG vs. WEEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iMGP Berkshire Dividend Growth ETF (BDVG) and Westwood Salient Enhanced Energy Income ETF (WEEI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BDVG	WEEI	Difference
Sharpe ratio: Return per unit of total volatility	2.33	1.96	+0.37
Sortino ratio: Return per unit of downside risk	3.45	2.55	+0.91
Omega ratio: Gain probability vs. loss probability	1.43	1.33	+0.09
Calmar ratio: Return relative to maximum drawdown	3.51	2.80	+0.72
Martin ratio: Return relative to average drawdown	13.43	8.66	+4.77

BDVG vs. WEEI - Sharpe Ratio Comparison

The current BDVG Sharpe Ratio is 2.33, which is comparable to the WEEI Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of BDVG and WEEI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BDVG vs. WEEI - Drawdown Comparison

The maximum BDVG drawdown since its inception was -14.46%, smaller than the maximum WEEI drawdown of -18.78%. Use the drawdown chart below to compare losses from any high point for BDVG and WEEI.

Drawdown Indicators

	BDVG	WEEI	Difference
Max Drawdown Largest peak-to-trough decline	-14.46%	-18.78%	+4.32%
Max Drawdown (1Y) Largest decline over 1 year	-6.70%	-10.27%	+3.57%
Max Drawdown (3Y) Largest decline over 3 years	-14.46%	—	—
Current Drawdown Current decline from peak	-1.37%	-1.03%	-0.34%
Average Drawdown Average peak-to-trough decline	-2.26%	-4.26%	+2.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	3.34%	-1.59%

Volatility

BDVG vs. WEEI - Volatility Comparison

The current volatility for iMGP Berkshire Dividend Growth ETF (BDVG) is 2.97%, while Westwood Salient Enhanced Energy Income ETF (WEEI) has a volatility of 4.28%. This indicates that BDVG experiences smaller price fluctuations and is considered to be less risky than WEEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BDVG	WEEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	4.28%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	7.94%	11.45%	-3.51%
Volatility (1Y) Calculated over the trailing 1-year period	10.11%	14.65%	-4.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.87%	18.23%	-6.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.87%	18.23%	-6.36%

BDVG vs. WEEI - Expense Ratio Comparison

BDVG has a 0.55% expense ratio, which is lower than WEEI's 0.85% expense ratio.

Dividends

BDVG vs. WEEI - Dividend Comparison

BDVG's dividend yield for the trailing twelve months is around 1.43%, less than WEEI's 11.24% yield.

Position	TTM	2025	2024	2023
BDVG iMGP Berkshire Dividend Growth ETF	1.43%	1.75%	1.69%	0.95%
WEEI Westwood Salient Enhanced Energy Income ETF	11.24%	12.59%	7.20%	0.00%

Frequently Asked Questions

Can I hold both BDVG and WEEI in my portfolio?

BDVG and WEEI have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BDVG or WEEI?

WEEI has higher volatility (4.28%) compared to BDVG (2.97%). In terms of maximum drawdown, BDVG dropped -14.46% vs WEEI's -18.78%.

Which ETF is better, BDVG or WEEI?

On 1-year performance, WEEI leads with 30.50% vs 24.16% for BDVG. On fees, BDVG is cheaper at 0.55% per year. On volatility, BDVG has been the lower-risk option at 2.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BDVG or WEEI?

Over the 1-year period, WEEI has performed better with a 30.50% return vs 24.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BDVG or WEEI?

BDVG is cheaper with a 0.55% expense ratio, compared with 0.85% for WEEI.

Which ETF pays a higher dividend yield, BDVG or WEEI?

WEEI has the higher dividend yield at 11.24%, compared with 1.43% for BDVG.

What is the main difference between BDVG and WEEI?

BDVG is categorized as Large Cap Value Equities, while WEEI is Energy Equities. They also come from different issuers: iMGP and Westwood. Their fees differ too: 0.55% for BDVG and 0.85% for WEEI.

Which has better risk-adjusted returns?

BDVG currently has the higher Sharpe Ratio (2.33 vs 1.96), 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.