BDYN vs. IVV

Last updated Jun 25, 2026

BDYN (iShares Dynamic Equity Active ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - BDYN is a Global Equities fund actively managed by iShares, while IVV is a S&P 500 fund tracking the S&P 500 Index. BDYN is actively managed, while IVV is passively managed. With a 0.95 correlation, they move nearly in lockstep. BDYN charges 0.40%/yr vs 0.03%/yr for IVV.

Performance

BDYN vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Dynamic Equity Active ETF (BDYN) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BDYN achieves a 5.84% return, which is significantly lower than IVV's 8.13% return.

BDYN

• 1D: -0.36%
• 1M: -0.92%
• YTD: 5.84%
• 6M: 4.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVV

• 1D: -0.07%
• 1M: -1.40%
• YTD: 8.13%
• 6M: 6.81%
• 1Y: 22.31%
• 3Y*: 20.76%
• 5Y*: 13.03%
• 10Y*: 15.57%

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

BDYN vs. IVV - Yearly Performance Comparison

	2026 (YTD)	2025
BDYN iShares Dynamic Equity Active ETF	5.84%	3.61%
IVV iShares Core S&P 500 ETF	8.13%	4.35%

Correlation

The correlation between BDYN and IVV is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025	0.95

BDYN vs. IVV - Sectors Allocation Comparison

Sectors	BDYN	IVV
Technology	32.6%	39.0%
Industrials	11.8%	7.8%
Financial Services	11.4%	11.1%
Communication Services	10.9%	10.6%
Consumer Cyclical	10.2%	9.9%
Healthcare	9.6%	8.3%
Energy	6.1%	3.1%
Consumer Defensive	4.0%	4.5%
Utilities	2.0%	2.1%
Basic Materials	1.4%	1.7%
Real Estate	0.2%	1.8%

Return for Risk

BDYN vs. IVV — Risk / Return Rank

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

BDYN

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

IVV

IVV Risk / Return Rank: 60
IVV Sharpe Ratio Rank: 60
IVV Sortino Ratio Rank: 58
IVV Omega Ratio Rank: 59
IVV Calmar Ratio Rank: 57
IVV Martin Ratio Rank: 68

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.

BDYN vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Dynamic Equity Active ETF (BDYN) and iShares Core S&P 500 ETF (IVV). 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.

	BDYN	IVV	Difference
Sharpe ratio: Return per unit of total volatility	—	1.81	—
Sortino ratio: Return per unit of downside risk	—	2.46	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.52	—
Martin ratio: Return relative to average drawdown	—	11.21	—

Drawdowns

BDYN vs. IVV - Drawdown Comparison

The maximum BDYN drawdown since its inception was -10.85%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for BDYN and IVV.

Drawdown Indicators

	BDYN	IVV	Difference
Max Drawdown Largest peak-to-trough decline	-10.85%	-55.25%	+44.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.90%	—
Current Drawdown Current decline from peak	-2.95%	-3.20%	+0.25%
Average Drawdown Average peak-to-trough decline	-1.81%	-10.76%	+8.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.00%	—

Volatility

Volatility by Period

	BDYN	IVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.85%	12.44%	+2.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.85%	16.98%	-2.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.85%	18.06%	-3.21%

BDYN vs. IVV - Expense Ratio Comparison

BDYN has a 0.40% expense ratio, which is higher than IVV's 0.03% expense ratio.

Dividends

BDYN vs. IVV - Dividend Comparison

BDYN's dividend yield for the trailing twelve months is around 2.06%, more than IVV's 1.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDYN iShares Dynamic Equity Active ETF	2.06%	2.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IVV iShares Core S&P 500 ETF	1.11%	1.17%	1.30%	1.44%	1.66%	1.20%	1.57%	1.85%	2.21%	1.75%	2.01%	2.27%

Frequently Asked Questions

Can I hold both BDYN and IVV in my portfolio?

With a correlation of 0.95, BDYN and IVV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BDYN or IVV?

On fees, IVV is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BDYN or IVV?

IVV is cheaper with a 0.03% expense ratio, compared with 0.40% for BDYN.

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

BDYN has the higher dividend yield at 2.06%, compared with 1.11% for IVV.

What is the main difference between BDYN and IVV?

BDYN is categorized as Global Equities, while IVV is S&P 500. Their fees differ too: 0.40% for BDYN and 0.03% for IVV.