BDVL vs. FYLD

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Disciplined Volatility Equity Active ETF (BDVL) and Cambria Foreign Shareholder Yield ETF (FYLD).

BDVL and FYLD 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. FYLD is an actively managed fund by Cambria. It was launched on Dec 3, 2013.

Performance

BDVL vs. FYLD - Performance Comparison

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

BDVL vs. FYLD - Yearly Performance Comparison

	2026 (YTD)	2025
BDVL iShares Disciplined Volatility Equity Active ETF	-0.63%	1.97%
FYLD Cambria Foreign Shareholder Yield ETF	15.22%	4.31%

Returns By Period

In the year-to-date period, BDVL achieves a -0.63% return, which is significantly lower than FYLD's 15.22% return.

BDVL

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

FYLD

• 1D: 2.23%
• 1M: -1.69%
• YTD: 15.22%
• 6M: 21.63%
• 1Y: 45.00%
• 3Y*: 20.11%
• 5Y*: 12.23%
• 10Y*: 11.39%

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

BDVL vs. FYLD - Expense Ratio Comparison

BDVL has a 0.40% expense ratio, which is lower than FYLD's 0.59% expense ratio.

FYLD

Cambria Foreign Shareholder Yield ETF

BDVL

iShares Disciplined Volatility Equity Active ETF

Return for Risk

BDVL vs. FYLD — Risk / Return Rank

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

FYLD

FYLD Risk / Return Rank: 96
FYLD Sharpe Ratio Rank: 97
FYLD Sortino Ratio Rank: 97
FYLD Omega Ratio Rank: 97
FYLD Calmar Ratio Rank: 92
FYLD Martin Ratio Rank: 97

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. FYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Disciplined Volatility Equity Active ETF (BDVL) and Cambria Foreign Shareholder Yield ETF (FYLD). 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	FYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.76	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.44	-0.18

Correlation

The correlation between BDVL and FYLD is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BDVL vs. FYLD - Dividend Comparison

BDVL's dividend yield for the trailing twelve months is around 2.81%, less than FYLD's 3.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDVL iShares Disciplined Volatility Equity Active ETF	2.81%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FYLD Cambria Foreign Shareholder Yield ETF	3.75%	4.07%	5.41%	6.06%	6.13%	4.74%	3.94%	3.73%	5.17%	2.85%	2.72%	3.98%

Drawdowns

BDVL vs. FYLD - Drawdown Comparison

The maximum BDVL drawdown since its inception was -7.71%, smaller than the maximum FYLD drawdown of -44.55%. Use the drawdown chart below to compare losses from any high point for BDVL and FYLD.

Drawdown Indicators

	BDVL	FYLD	Difference
Max Drawdown Largest peak-to-trough decline	-7.71%	-44.55%	+36.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.37%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.55%	—
Current Drawdown Current decline from peak	-5.45%	-1.69%	-3.76%
Average Drawdown Average peak-to-trough decline	-1.17%	-8.94%	+7.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.29%	—

Volatility

Volatility by Period

	BDVL	FYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.29%	16.41%	-7.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.29%	16.31%	-7.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.29%	18.09%	-8.80%