BDVL vs. IVES

Last updated Aug 2, 2026

BDVL (iShares Disciplined Volatility Equity Active ETF) and IVES (Dan IVES Wedbush AI Revolution ETF) are both exchange-traded funds - BDVL is a Global Equities fund tracking the MSCI ACWI Minimum Volatility Index, while IVES is a Artificial Intelligence fund tracking the Solactive Wedbush Artificial Intelligence Index. Both are passively managed. Their 0.54 correlation means they have sometimes moved together and sometimes differently. BDVL charges 0.40%/yr vs 0.75%/yr for IVES.

Performance

BDVL vs. IVES - Performance Comparison

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

Returns By Period

In the year-to-date period, BDVL achieves a 6.70% return, which is significantly lower than IVES's 14.01% return.

BDVL

• 1D: 0.14%
• 1M: 0.66%
• 6M: 4.88%
• YTD: 6.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

IVES

• 1D: 0.98%
• 1M: -3.33%
• 6M: 11.86%
• YTD: 14.01%
• 1Y: 33.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 35.99%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BDVL iShares Disciplined Volatility Equity Active ETF	$4.62M	$5.40M	$7.08M
IVES Dan IVES Wedbush AI Revolution ETF	$10.98M	$16.97M	$21.59M

BDVL vs. IVES - Yearly Performance Comparison

	2026 (YTD)	2025
BDVL iShares Disciplined Volatility Equity Active ETF	6.70%	2.20%
IVES Dan IVES Wedbush AI Revolution ETF	14.01%	3.42%

Correlation

The correlation between BDVL and IVES is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025	0.54

BDVL vs. IVES - Sectors Allocation Comparison

Sectors	BDVL	IVES
Technology	26.2%	71.4%
Industrials	15.9%	4.4%
Financial Services	13.5%	1.4%
Healthcare	10.5%	-
Consumer Cyclical	9.2%	9.4%
Communication Services	8.8%	11.9%
Consumer Defensive	5.3%	-
Utilities	4.5%	1.4%
Basic Materials	3.0%	-
Energy	2.2%	-
Real Estate	1.1%	-

Return for Risk

BDVL vs. IVES — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BDVL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IVES

IVES Risk / Return Rank: 38
IVES Sharpe Ratio Rank: 41
IVES Sortino Ratio Rank: 41
IVES Omega Ratio Rank: 39
IVES Calmar Ratio Rank: 37
IVES Martin Ratio Rank: 33

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BDVL vs. IVES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Disciplined Volatility Equity Active ETF (BDVL) and Dan IVES Wedbush AI Revolution ETF (IVES). 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	IVES	Difference
Sharpe ratio: Return per unit of total volatility	—	1.03	—
Sortino ratio: Return per unit of downside risk	—	1.51	—
Omega ratio: Gain probability vs. loss probability	—	1.18	—
Calmar ratio: Return relative to maximum drawdown	—	1.28	—
Martin ratio: Return relative to average drawdown	—	3.13	—

Drawdowns

BDVL vs. IVES - Drawdown Comparison

The maximum BDVL drawdown since its inception was -7.71%, smaller than the maximum IVES drawdown of -22.64%. Use the drawdown chart below to compare losses from any high point for BDVL and IVES.

Drawdown Indicators

	BDVL	IVES	Difference
Max Drawdown Largest peak-to-trough decline	-7.71%	-22.64%	+14.93%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.64%	—
Current Drawdown Current decline from peak	0.00%	-13.64%	+13.64%
Average Drawdown Average peak-to-trough decline	-1.13%	-6.41%	+5.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.21%	—

Volatility

Volatility by Period

	BDVL	IVES	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.44%	28.08%	-18.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.44%	26.81%	-17.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.44%	26.81%	-17.37%

BDVL vs. IVES - Expense Ratio Comparison

BDVL has a 0.40% expense ratio, which is lower than IVES's 0.75% expense ratio.

Dividends

BDVL vs. IVES - Dividend Comparison

BDVL's dividend yield for the trailing twelve months is around 3.49%, more than IVES's 0.36% yield.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	3.49%	2.79%
IVES Dan IVES Wedbush AI Revolution ETF	0.36%	0.41%

Frequently Asked Questions

Can I hold both BDVL and IVES in my portfolio?

BDVL and IVES have a correlation of 0.54, 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 IVES?

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.

Which ETF is cheaper, BDVL or IVES?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.75% for IVES.

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

BDVL has the higher dividend yield at 3.49%, compared with 0.36% for IVES.

What is the main difference between BDVL and IVES?

BDVL is categorized as Global Equities, while IVES is Artificial Intelligence. BDVL tracks MSCI ACWI Minimum Volatility Index, while IVES tracks Solactive Wedbush Artificial Intelligence Index. They also come from different issuers: iShares and Wedbush. Their fees differ too: 0.40% for BDVL and 0.75% for IVES.