BMED vs. BLCV

Last updated Jul 17, 2026

BMED (Future Health ETF) and BLCV (Blackrock Large Cap Value ETF) are both exchange-traded funds - BMED is a Health & Biotech Equities fund actively managed by BlackRock, while BLCV is a Large Cap Value Equities fund actively managed by BlackRock. Both are actively managed. A 0.62 correlation means they provide meaningful diversification when combined. BMED charges 0.85%/yr vs 0.55%/yr for BLCV.

Performance

BMED vs. BLCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Future Health ETF (BMED) and Blackrock Large Cap Value ETF (BLCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BMED

• 1D: 0.95%
• 1M: 8.09%
• 6M: -1.75%
• YTD: 1.86%
• 1Y: 23.87%
• 3Y*: 7.36%
• 5Y*: 0.76%
• 10Y*: —

BLCV

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BMED vs. BLCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BMED Future Health ETF	1.86%	21.79%	1.55%	-0.11%
BLCV Blackrock Large Cap Value ETF	6.47%	19.96%	12.63%	14.56%

Correlation

The correlation between BMED and BLCV is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (All Time) Calculated using the full available price history since May 23, 2023	0.62

The correlation between BMED and BLCV has been stable across timeframes, ranging from 0.55 to 0.62 - a consistent structural relationship.

BMED vs. BLCV - Sectors Allocation Comparison

Sectors	BMED	BLCV
Healthcare	100.0%	11.6%
Consumer Defensive	1.5%	6.1%
Basic Materials	-	2.4%
Communication Services	-	9.5%
Consumer Cyclical	-	9.9%
Energy	-	6.0%
Financial Services	-	14.9%
Industrials	-	14.2%
Real Estate	-	2.7%
Technology	-	18.3%
Utilities	-	4.4%

Return for Risk

BMED vs. BLCV — Risk / Return Rank

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

BMED

BMED Risk / Return Rank: 47
BMED Sharpe Ratio Rank: 56
BMED Sortino Ratio Rank: 58
BMED Omega Ratio Rank: 51
BMED Calmar Ratio Rank: 38
BMED Martin Ratio Rank: 32

BLCV

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

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.

BMED vs. BLCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Future Health ETF (BMED) and Blackrock Large Cap Value ETF (BLCV). 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.

	BMED	BLCV	Difference
Sharpe ratio: Return per unit of total volatility	1.52	—	—
Sortino ratio: Return per unit of downside risk	2.24	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.61	—	—
Martin ratio: Return relative to average drawdown	3.73	—	—

Drawdowns

Drawdown Indicators

	BMED	BLCV	Difference
Max Drawdown Largest peak-to-trough decline	-36.44%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.90%	—	—
Current Drawdown Current decline from peak	-4.56%	—	—
Average Drawdown Average peak-to-trough decline	-18.85%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.41%	—	—

Volatility

Volatility by Period

	BMED	BLCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.83%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.56%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.77%	—	—

BMED vs. BLCV - Expense Ratio Comparison

BMED has a 0.85% expense ratio, which is higher than BLCV's 0.55% expense ratio.

Dividends

BMED vs. BLCV - Dividend Comparison

BMED's dividend yield for the trailing twelve months is around 0.26%, while BLCV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BLCV Blackrock Large Cap Value ETF	1.01%	1.37%	1.63%	1.02%
BMED Future Health ETF	0.26%	0.00%	0.00%	0.03%

Frequently Asked Questions

Can I hold both BMED and BLCV in my portfolio?

BMED and BLCV have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BMED or BLCV?

On fees, BLCV is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BMED or BLCV?

BLCV is cheaper with a 0.55% expense ratio, compared with 0.85% for BMED.

Which ETF pays a higher dividend yield, BMED or BLCV?

BLCV has the higher dividend yield at 1.01%, compared with 0.26% for BMED.

What is the main difference between BMED and BLCV?

BMED is categorized as Health & Biotech Equities, while BLCV is Large Cap Value Equities. Their fees differ too: 0.85% for BMED and 0.55% for BLCV.