BDYN vs. BDVL

Last updated Jun 5, 2026

BDYN (iShares Dynamic Equity Active ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds from iShares. BDYN is actively managed, while BDVL is passively managed. Their correlation of 0.80 suggests significant overlap in exposure. Both charge a 0.40% expense ratio.

Performance

BDYN vs. BDVL - Performance Comparison

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

Returns By Period

In the year-to-date period, BDYN achieves a 8.61% return, which is significantly higher than BDVL's 5.11% return.

BDYN

• 1D: 0.45%
• 1M: 4.35%
• YTD: 8.61%
• 6M: 9.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVL

• 1D: 0.38%
• 1M: 0.49%
• YTD: 5.11%
• 6M: 5.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BDYN vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
BDYN iShares Dynamic Equity Active ETF	8.61%	3.68%
BDVL iShares Disciplined Volatility Equity Active ETF	5.11%	1.97%

Correlation

The correlation between BDYN and BDVL is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	0.80

BDYN vs. BDVL - Sectors Allocation Comparison

Sectors	BDYN	BDVL
Technology	30.5%	23.0%
Financial Services	11.6%	13.9%
Industrials	10.8%	15.4%
Communication Services	10.0%	10.7%
Consumer Cyclical	9.6%	8.5%
Healthcare	9.3%	11.1%
Energy	5.7%	2.8%
Consumer Defensive	3.4%	6.3%
Utilities	2.5%	4.8%
Basic Materials	1.3%	2.6%
Real Estate	0.1%	1.0%

Return for Risk

BDYN vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Dynamic Equity Active ETF (BDYN) and iShares Disciplined Volatility Equity Active ETF (BDVL). 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

	BDYN	BDVL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	1.07	+0.20

Drawdowns

BDYN vs. BDVL - Drawdown Comparison

The maximum BDYN drawdown since its inception was -10.85%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for BDYN and BDVL.

Drawdown Indicators

	BDYN	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-10.85%	-7.71%	-3.14%
Current Drawdown Current decline from peak	-0.41%	-0.57%	+0.16%
Average Drawdown Average peak-to-trough decline	-1.79%	-1.19%	-0.60%

Volatility

Volatility by Period

	BDYN	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.14%	9.47%	+4.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.14%	9.47%	+4.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.14%	9.47%	+4.67%

BDYN vs. BDVL - Expense Ratio Comparison

Both BDYN and BDVL have an expense ratio of 0.40%.

Dividends

BDYN vs. BDVL - Dividend Comparison

BDYN's dividend yield for the trailing twelve months is around 2.00%, less than BDVL's 2.65% yield.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	2.65%	2.79%
BDYN iShares Dynamic Equity Active ETF	2.00%	2.18%

Frequently Asked Questions

Can I hold both BDYN and BDVL in my portfolio?

BDYN and BDVL have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BDYN or BDVL?

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BDYN or BDVL?

BDYN and BDVL have the same expense ratio: 0.40% per year.

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

BDVL has the higher dividend yield at 2.65%, compared with 2.00% for BDYN.