BDVL vs. INKM
BDVL (iShares Disciplined Volatility Equity Active ETF) and INKM (SPDR SSgA Income Allocation ETF) are both Global Equities funds. BDVL is passively managed, while INKM is actively managed. A 0.78 correlation means they provide meaningful diversification when combined. BDVL charges 0.40%/yr vs 0.50%/yr for INKM.
Performance
BDVL vs. INKM - Performance Comparison
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Returns By Period
In the year-to-date period, BDVL achieves a 5.75% return, which is significantly lower than INKM's 6.89% return.
BDVL
- 1D
- 0.11%
- 1M
- -0.11%
- 6M
- 4.83%
- YTD
- 5.75%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
INKM
- 1D
- 0.29%
- 1M
- 0.24%
- 6M
- 4.92%
- YTD
- 6.89%
- 1Y
- 12.60%
- 3Y*
- 9.46%
- 5Y*
- 4.38%
- 10Y*
- 5.38%
BDVL vs. INKM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BDVL iShares Disciplined Volatility Equity Active ETF | 5.75% | 2.20% |
INKM SPDR SSgA Income Allocation ETF | 6.89% | 1.31% |
Correlation
The correlation between BDVL and INKM is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025 | 0.78 |
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Return for Risk
BDVL vs. INKM — Risk / Return Rank
BDVL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
INKM
BDVL vs. INKM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Disciplined Volatility Equity Active ETF (BDVL) and SPDR SSgA Income Allocation ETF (INKM). 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.
| BDVL | INKM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 10.94 | — |
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Drawdowns
BDVL vs. INKM - Drawdown Comparison
The maximum BDVL drawdown since its inception was -7.71%, smaller than the maximum INKM drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for BDVL and INKM.
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Drawdown Indicators
| BDVL | INKM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.71% | -28.58% | +20.87% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.55% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.25% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.58% | — |
Current DrawdownCurrent decline from peak | -0.81% | 0.00% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -1.14% | -3.67% | +2.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.15% | — |
Volatility
BDVL vs. INKM - Volatility Comparison
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Volatility by Period
| BDVL | INKM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.78% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.48% | 6.00% | +3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.48% | 8.31% | +1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.48% | 9.74% | -0.26% |
BDVL vs. INKM - Expense Ratio Comparison
BDVL has a 0.40% expense ratio, which is lower than INKM's 0.50% expense ratio.
Dividends
BDVL vs. INKM - Dividend Comparison
BDVL's dividend yield for the trailing twelve months is around 3.52%, less than INKM's 4.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDVL iShares Disciplined Volatility Equity Active ETF | 3.52% | 2.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INKM SPDR SSgA Income Allocation ETF | 4.77% | 5.82% | 4.83% | 4.56% | 5.03% | 3.74% | 3.88% | 4.38% | 4.08% | 3.10% | 3.39% | 3.45% |
Frequently Asked Questions
BDVL and INKM have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BDVL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BDVL is cheaper with a 0.40% expense ratio, compared with 0.50% for INKM.
INKM has the higher dividend yield at 4.77%, compared with 3.52% for BDVL.
They also come from different issuers: iShares and State Street. Their fees differ too: 0.40% for BDVL and 0.50% for INKM.
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