BDVL vs. AVTM

Last updated Jun 4, 2026

BDVL (iShares Disciplined Volatility Equity Active ETF) and AVTM (Avantis Total Equity Markets ETF) are both Global Equities funds. BDVL is passively managed, while AVTM is actively managed. Their correlation of 0.82 suggests significant overlap in exposure. BDVL charges 0.40%/yr vs 0.22%/yr for AVTM.

Performance

BDVL vs. AVTM - Performance Comparison

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

Returns By Period

BDVL

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

AVTM

• 1D: -0.65%
• 1M: 5.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BDVL vs. AVTM - Yearly Performance Comparison

	2026 (YTD)
BDVL iShares Disciplined Volatility Equity Active ETF	2.42%
AVTM Avantis Total Equity Markets ETF	9.06%

Correlation

The correlation between BDVL and AVTM is 0.82, 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 Feb 3, 2026	0.82

BDVL vs. AVTM - Sectors Allocation Comparison

Sectors	BDVL	AVTM
Technology	23.0%	31.0%
Industrials	15.4%	11.9%
Financial Services	13.9%	16.6%
Healthcare	11.1%	6.4%
Communication Services	10.7%	10.2%
Consumer Cyclical	8.5%	11.0%
Consumer Defensive	6.3%	4.2%
Utilities	4.8%	1.8%
Energy	2.8%	4.2%
Basic Materials	2.6%	2.7%
Real Estate	1.0%	0.2%

Return for Risk

BDVL vs. AVTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Disciplined Volatility Equity Active ETF (BDVL) and Avantis Total Equity Markets ETF (AVTM). 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

	BDVL	AVTM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	1.88	-0.87

Drawdowns

BDVL vs. AVTM - Drawdown Comparison

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

Drawdown Indicators

	BDVL	AVTM	Difference
Max Drawdown Largest peak-to-trough decline	-7.71%	-9.21%	+1.50%
Current Drawdown Current decline from peak	-0.95%	-0.65%	-0.30%
Average Drawdown Average peak-to-trough decline	-1.19%	-2.08%	+0.89%

Volatility

Volatility by Period

	BDVL	AVTM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.49%	15.88%	-6.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.49%	15.88%	-6.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.49%	15.88%	-6.39%

BDVL vs. AVTM - Expense Ratio Comparison

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

Dividends

BDVL vs. AVTM - Dividend Comparison

BDVL's dividend yield for the trailing twelve months is around 2.66%, more than AVTM's 0.08% yield.

Position	TTM	2025
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%
BDVL iShares Disciplined Volatility Equity Active ETF	2.66%	2.79%

Frequently Asked Questions

Can I hold both BDVL and AVTM in my portfolio?

BDVL and AVTM have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BDVL or AVTM?

On fees, AVTM is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BDVL or AVTM?

AVTM is cheaper with a 0.22% expense ratio, compared with 0.40% for BDVL.

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

BDVL has the higher dividend yield at 2.66%, compared with 0.08% for AVTM.

What is the main difference between BDVL and AVTM?

They also come from different issuers: iShares and Avantis. Their fees differ too: 0.40% for BDVL and 0.22% for AVTM.