BDVL vs. IBIT

Last updated Jun 4, 2026

BDVL (iShares Disciplined Volatility Equity Active ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - BDVL is a Global Equities fund tracking the MSCI ACWI Minimum Volatility Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. At a 0.37 correlation, their price movements are largely independent. BDVL charges 0.40%/yr vs 0.25%/yr for IBIT.

Performance

BDVL vs. IBIT - Performance Comparison

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

Returns By Period

In the year-to-date period, BDVL achieves a 4.71% return, which is significantly higher than IBIT's -25.48% return.

BDVL

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

IBIT

• 1D: -2.76%
• 1M: -18.50%
• YTD: -25.48%
• 6M: -29.84%
• 1Y: -38.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BDVL vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025
BDVL iShares Disciplined Volatility Equity Active ETF	4.71%	1.97%
IBIT iShares Bitcoin Trust ETF	-25.48%	-24.20%

Correlation

The correlation between BDVL and IBIT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	0.37

Return for Risk

BDVL vs. IBIT — Risk / Return Rank

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

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 2
IBIT Sortino Ratio Rank: 2
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 2
IBIT Martin Ratio Rank: 2

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. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Disciplined Volatility Equity Active ETF (BDVL) and iShares Bitcoin Trust ETF (IBIT). 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	IBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.30	+0.72

Drawdowns

BDVL vs. IBIT - Drawdown Comparison

The maximum BDVL drawdown since its inception was -7.71%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for BDVL and IBIT.

Drawdown Indicators

	BDVL	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-7.71%	-49.36%	+41.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.36%	—
Current Drawdown Current decline from peak	-0.95%	-48.10%	+47.15%
Average Drawdown Average peak-to-trough decline	-1.19%	-16.02%	+14.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.44%	—

Volatility

Volatility by Period

	BDVL	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.49%	43.73%	-34.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.49%	50.19%	-40.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.49%	50.19%	-40.70%

BDVL vs. IBIT - Expense Ratio Comparison

BDVL has a 0.40% expense ratio, which is higher than IBIT's 0.25% expense ratio.

Dividends

BDVL vs. IBIT - Dividend Comparison

BDVL's dividend yield for the trailing twelve months is around 2.66%, while IBIT has not paid dividends to shareholders.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	2.66%	2.79%
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BDVL and IBIT in my portfolio?

BDVL and IBIT have a correlation of 0.37, 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 IBIT?

On fees, IBIT is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BDVL or IBIT?

IBIT is cheaper with a 0.25% expense ratio, compared with 0.40% for BDVL.

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

BDVL has the higher dividend yield at 2.66%, compared with 0.00% for IBIT.

What is the main difference between BDVL and IBIT?

BDVL is categorized as Global Equities, while IBIT is Cryptocurrency. BDVL tracks MSCI ACWI Minimum Volatility Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.40% for BDVL and 0.25% for IBIT.