BEDY vs. MFVL

Last updated Jun 4, 2026

BEDY (BNY Mellon Enhanced Dividend Income ETF) and MFVL (Motley Fool Value Factor ETF) are both Large Cap Value Equities funds. Both are actively managed. A 0.50 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.

Performance

BEDY vs. MFVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Enhanced Dividend Income ETF (BEDY) and Motley Fool Value Factor ETF (MFVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BEDY achieves a 10.40% return, which is significantly higher than MFVL's 0.39% return.

BEDY

• 1D: -0.33%
• 1M: 2.93%
• YTD: 10.40%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MFVL

• 1D: -1.06%
• 1M: 0.90%
• YTD: 0.39%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEDY vs. MFVL - Yearly Performance Comparison

	2026 (YTD)	2025
BEDY BNY Mellon Enhanced Dividend Income ETF	10.40%	1.92%
MFVL Motley Fool Value Factor ETF	0.39%	1.39%

Correlation

The correlation between BEDY and MFVL is 0.50, 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 Dec 10, 2025	0.50

Return for Risk

BEDY vs. MFVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Enhanced Dividend Income ETF (BEDY) and Motley Fool Value Factor ETF (MFVL). 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

	BEDY	MFVL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.27	0.31	+1.96

Drawdowns

BEDY vs. MFVL - Drawdown Comparison

The maximum BEDY drawdown since its inception was -6.25%, smaller than the maximum MFVL drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for BEDY and MFVL.

Drawdown Indicators

	BEDY	MFVL	Difference
Max Drawdown Largest peak-to-trough decline	-6.25%	-7.03%	+0.78%
Current Drawdown Current decline from peak	-0.33%	-3.29%	+2.96%
Average Drawdown Average peak-to-trough decline	-1.36%	-2.42%	+1.06%

Volatility

Volatility by Period

	BEDY	MFVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	12.15%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.98%	12.15%	-0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.98%	12.15%	-0.17%

BEDY vs. MFVL - Expense Ratio Comparison

Both BEDY and MFVL have an expense ratio of 0.50%.

Dividends

BEDY vs. MFVL - Dividend Comparison

BEDY's dividend yield for the trailing twelve months is around 3.35%, while MFVL has not paid dividends to shareholders.

Position	TTM	2025
BEDY BNY Mellon Enhanced Dividend Income ETF	3.35%	0.09%
MFVL Motley Fool Value Factor ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BEDY and MFVL in my portfolio?

BEDY and MFVL have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEDY or MFVL?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEDY or MFVL?

BEDY and MFVL have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, BEDY or MFVL?

BEDY has the higher dividend yield at 3.35%, compared with 0.00% for MFVL.

What is the main difference between BEDY and MFVL?

They also come from different issuers: BNY Mellon and Motley Fool.