PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
BDVL vs. ACWI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BDVL vs. ACWI

Last updated Jun 24, 2026

BDVL (iShares Disciplined Volatility Equity Active ETF) and ACWI (iShares MSCI ACWI ETF) are both Global Equities funds from iShares - BDVL tracks the MSCI ACWI Minimum Volatility Index while ACWI tracks the MSCI All Country World Index. Both are passively managed. Their correlation of 0.85 suggests significant overlap in exposure. BDVL charges 0.40%/yr vs 0.32%/yr for ACWI.

Performance

BDVL vs. ACWI - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, BDVL achieves a 4.73% return, which is significantly lower than ACWI's 9.86% return.

BDVL

1D
-0.97%
1M
-0.75%
YTD
4.73%
6M
4.36%
1Y
—
3Y*
—
5Y*
—
10Y*
—

ACWI

1D
-2.00%
1M
-0.35%
YTD
9.86%
6M
9.11%
1Y
25.60%
3Y*
20.00%
5Y*
10.74%
10Y*
13.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BDVL vs. ACWI - Yearly Performance Comparison

2026 (YTD)2025
BDVL
iShares Disciplined Volatility Equity Active ETF		4.73%2.20%
ACWI
iShares MSCI ACWI ETF		9.86%4.68%

Correlation

The correlation between BDVL and ACWI is 0.85, 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 15, 2025

0.85

BDVL vs. ACWI - Sectors Allocation Comparison

Sectors
BDVL
ACWI

Technology

27.8%
33.0%

Financial Services

14.3%
15.9%

Industrials

14.2%
10.3%

Communication Services

10.0%
8.0%

Healthcare

8.3%
7.7%

Consumer Cyclical

6.9%
8.6%

Consumer Defensive

5.3%
4.7%

Utilities

4.5%
2.7%

Basic Materials

1.9%
3.6%

Energy

1.6%
3.6%

Real Estate

0.9%
1.6%

Technology

BDVL
27.8%
ACWI
33.0%

Financial Services

BDVL
14.3%
ACWI
15.9%

Industrials

BDVL
14.2%
ACWI
10.3%

Communication Services

BDVL
10.0%
ACWI
8.0%

Healthcare

BDVL
8.3%
ACWI
7.7%

Consumer Cyclical

BDVL
6.9%
ACWI
8.6%

Consumer Defensive

BDVL
5.3%
ACWI
4.7%

Utilities

BDVL
4.5%
ACWI
2.7%

Basic Materials

BDVL
1.9%
ACWI
3.6%

Energy

BDVL
1.6%
ACWI
3.6%

Real Estate

BDVL
0.9%
ACWI
1.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Disciplined Volatility Equity Active ETF

iShares MSCI ACWI ETF

Often compared with BDVL:
BDVL vs. CGGEBDVL vs. UFOBDVL vs. VTBDVL vs. DFAWBDVL vs. IVESBDVL vs. CAPEBDVL vs. AVGV
Often compared with ACWI:
ACWI vs. VTACWI vs. SPYACWI vs. VWRL.LACWI vs. ACWXACWI vs. ACWI.LACWI vs. VOOACWI vs. VTI

Return for Risk

BDVL vs. ACWI — Risk / Return Rank

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

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

ACWI
ACWI Risk / Return Rank: 5858
Overall Rank
ACWI Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
ACWI Sortino Ratio Rank: 5656
Sortino Ratio Rank
ACWI Omega Ratio Rank: 5858
Omega Ratio Rank
ACWI Calmar Ratio Rank: 5555
Calmar Ratio Rank
ACWI Martin Ratio Rank: 6565
Martin Ratio Rank
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.

BDVL vs. ACWI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Disciplined Volatility Equity Active ETF (BDVL) and iShares MSCI ACWI ETF (ACWI). 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.

BDVLACWIDifference
Sharpe ratioReturn per unit of total volatility

—

1.89

—

Sortino ratioReturn per unit of downside risk

—

2.60

—

Omega ratioGain probability vs. loss probability

—

1.34

—

Calmar ratioReturn relative to maximum drawdown

—

2.64

—

Martin ratioReturn relative to average drawdown

—

11.51

—

BDVL vs. ACWI - Sharpe Ratio Comparison

Loading charts...

Drawdowns

BDVL vs. ACWI - Drawdown Comparison

The maximum BDVL drawdown since its inception was -7.71%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for BDVL and ACWI.

Loading charts...

Drawdown Indicators

BDVLACWIDifference

Max Drawdown

Largest peak-to-trough decline

-7.71%

-56.00%

+48.29%

Max Drawdown (1Y)

Largest decline over 1 year

—

-9.73%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-16.55%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-26.42%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.53%

—

Current Drawdown

Current decline from peak

-1.41%

-2.83%

+1.42%

Average Drawdown

Average peak-to-trough decline

-1.18%

-8.59%

+7.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

2.23%

—

Volatility

BDVL vs. ACWI - Volatility Comparison

Loading charts...

Volatility by Period

BDVLACWIDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

5.57%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

11.38%

—

Volatility (1Y)

Calculated over the trailing 1-year period

9.71%

13.64%

-3.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.71%

16.20%

-6.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.71%

17.08%

-7.37%

BDVL vs. ACWI - Expense Ratio Comparison

BDVL has a 0.40% expense ratio, which is higher than ACWI's 0.32% expense ratio.

Dividends

BDVL vs. ACWI - Dividend Comparison

BDVL's dividend yield for the trailing twelve months is around 3.56%, more than ACWI's 1.45% yield.

PositionTTM20252024202320222021202020192018201720162015
ACWI
iShares MSCI ACWI ETF		1.45%1.55%1.70%1.88%1.79%1.71%1.43%2.33%2.18%1.94%2.19%2.56%
BDVL
iShares Disciplined Volatility Equity Active ETF		3.56%2.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

BDVL and ACWI have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ACWI is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ACWI is cheaper with a 0.32% expense ratio, compared with 0.40% for BDVL.

BDVL has the higher dividend yield at 3.56%, compared with 1.45% for ACWI.

BDVL tracks MSCI ACWI Minimum Volatility Index, while ACWI tracks MSCI All Country World Index. Their fees differ too: 0.40% for BDVL and 0.32% for ACWI.

Portfolio Optimizer

Find the right allocation for BDVL and ACWI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer