BVAL vs. ILCV

Last updated Jun 4, 2026

BVAL (Bluemonte Large Cap Value ETF) and ILCV (iShares Morningstar Value ETF) are both Large Cap Value Equities funds. With a 0.95 correlation, they move nearly in lockstep. BVAL charges 0.24%/yr vs 0.04%/yr for ILCV.

Performance

BVAL vs. ILCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Large Cap Value ETF (BVAL) and iShares Morningstar Value ETF (ILCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BVAL achieves a 11.47% return, which is significantly higher than ILCV's 7.75% return.

BVAL

• 1D: -0.26%
• 1M: 4.10%
• YTD: 11.47%
• 6M: 11.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILCV

• 1D: -0.44%
• 1M: 2.76%
• YTD: 7.75%
• 6M: 7.41%
• 1Y: 26.58%
• 3Y*: 18.61%
• 5Y*: 11.42%
• 10Y*: 11.68%

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

BVAL vs. ILCV - Yearly Performance Comparison

	2026 (YTD)	2025
BVAL Bluemonte Large Cap Value ETF	11.47%	11.38%
ILCV iShares Morningstar Value ETF	7.75%	16.78%

Correlation

The correlation between BVAL and ILCV 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 Jun 24, 2025	0.95

BVAL vs. ILCV - Sectors Allocation Comparison

Sectors	BVAL	ILCV
Technology	20.1%	23.8%
Financial Services	16.9%	16.5%
Industrials	11.8%	8.8%
Healthcare	11.1%	11.5%
Consumer Cyclical	8.9%	9.5%
Consumer Defensive	8.2%	7.6%
Energy	6.8%	6.0%
Communication Services	5.2%	8.0%
Utilities	4.3%	3.5%
Real Estate	3.5%	2.0%
Basic Materials	3.1%	2.4%

Return for Risk

BVAL vs. ILCV — Risk / Return Rank

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

ILCV

ILCV Risk / Return Rank: 82
ILCV Sharpe Ratio Rank: 82
ILCV Sortino Ratio Rank: 84
ILCV Omega Ratio Rank: 81
ILCV Calmar Ratio Rank: 79
ILCV Martin Ratio Rank: 83

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.

BVAL vs. ILCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Large Cap Value ETF (BVAL) and iShares Morningstar Value ETF (ILCV). 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

	BVAL	ILCV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.72	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.55	0.46	+2.09

Drawdowns

BVAL vs. ILCV - Drawdown Comparison

The maximum BVAL drawdown since its inception was -6.69%, smaller than the maximum ILCV drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for BVAL and ILCV.

Drawdown Indicators

	BVAL	ILCV	Difference
Max Drawdown Largest peak-to-trough decline	-6.69%	-58.63%	+51.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.55%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.53%	—
Current Drawdown Current decline from peak	-0.26%	-0.60%	+0.34%
Average Drawdown Average peak-to-trough decline	-0.91%	-9.32%	+8.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.58%	—

Volatility

Volatility by Period

	BVAL	ILCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	9.82%	+0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.13%	14.21%	-4.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.13%	16.66%	-6.53%

BVAL vs. ILCV - Expense Ratio Comparison

BVAL has a 0.24% expense ratio, which is higher than ILCV's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BVAL vs. ILCV - Dividend Comparison

BVAL's dividend yield for the trailing twelve months is around 0.97%, less than ILCV's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BVAL Bluemonte Large Cap Value ETF	0.97%	0.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ILCV iShares Morningstar Value ETF	1.63%	1.77%	1.99%	2.27%	2.32%	2.01%	2.96%	2.70%	2.93%	2.32%	2.76%	3.01%

Frequently Asked Questions

Can I hold both BVAL and ILCV in my portfolio?

With a correlation of 0.95, BVAL and ILCV 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, BVAL or ILCV?

On fees, ILCV is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BVAL or ILCV?

ILCV is cheaper with a 0.04% expense ratio, compared with 0.24% for BVAL.

Which ETF pays a higher dividend yield, BVAL or ILCV?

ILCV has the higher dividend yield at 1.63%, compared with 0.97% for BVAL.

What is the main difference between BVAL and ILCV?

They also come from different issuers: Bluemonte and iShares. Their fees differ too: 0.24% for BVAL and 0.04% for ILCV.