BDVL vs. CGGE

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Disciplined Volatility Equity Active ETF (BDVL) and Capital Group Global Equity ETF (CGGE).

BDVL and CGGE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. CGGE is an actively managed fund by Capital Group. It was launched on Jun 25, 2024.

Performance

BDVL vs. CGGE - Performance Comparison

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

BDVL vs. CGGE - Yearly Performance Comparison

	2026 (YTD)	2025
BDVL iShares Disciplined Volatility Equity Active ETF	-0.63%	1.97%
CGGE Capital Group Global Equity ETF	-3.57%	3.21%

Returns By Period

In the year-to-date period, BDVL achieves a -0.63% return, which is significantly higher than CGGE's -3.57% return.

BDVL

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

CGGE

• 1D: 3.39%
• 1M: -7.29%
• YTD: -3.57%
• 6M: -0.55%
• 1Y: 18.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BDVL vs. CGGE - Expense Ratio Comparison

BDVL has a 0.40% expense ratio, which is lower than CGGE's 0.47% expense ratio.

CGGE

Capital Group Global Equity ETF

BDVL

iShares Disciplined Volatility Equity Active ETF

Return for Risk

BDVL vs. CGGE — Risk / Return Rank

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

CGGE

CGGE Risk / Return Rank: 64
CGGE Sharpe Ratio Rank: 62
CGGE Sortino Ratio Rank: 63
CGGE Omega Ratio Rank: 61
CGGE Calmar Ratio Rank: 65
CGGE Martin Ratio Rank: 68

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. CGGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Disciplined Volatility Equity Active ETF (BDVL) and Capital Group Global Equity ETF (CGGE). 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	CGGE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.82	-0.55

Correlation

The correlation between BDVL and CGGE is 0.84, 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

BDVL vs. CGGE - Dividend Comparison

BDVL's dividend yield for the trailing twelve months is around 2.81%, more than CGGE's 0.42% yield.

	TTM	2025	2024
BDVL iShares Disciplined Volatility Equity Active ETF	2.81%	2.79%	0.00%
CGGE Capital Group Global Equity ETF	0.42%	0.40%	0.35%

Drawdowns

BDVL vs. CGGE - Drawdown Comparison

The maximum BDVL drawdown since its inception was -7.71%, smaller than the maximum CGGE drawdown of -14.44%. Use the drawdown chart below to compare losses from any high point for BDVL and CGGE.

Drawdown Indicators

	BDVL	CGGE	Difference
Max Drawdown Largest peak-to-trough decline	-7.71%	-14.44%	+6.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.03%	—
Current Drawdown Current decline from peak	-5.45%	-7.91%	+2.46%
Average Drawdown Average peak-to-trough decline	-1.17%	-1.80%	+0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.60%	—

Volatility

Volatility by Period

	BDVL	CGGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.29%	17.01%	-7.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.29%	15.27%	-5.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.29%	15.27%	-5.98%