BVAL vs. PWV

Last updated Jun 4, 2026

BVAL (Bluemonte Large Cap Value ETF) and PWV (Invesco Dynamic Large Cap Value ETF) are both Large Cap Value Equities funds. A 0.80 correlation means they provide meaningful diversification when combined. BVAL charges 0.24%/yr vs 0.58%/yr for PWV.

Performance

BVAL vs. PWV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Large Cap Value ETF (BVAL) and Invesco Dynamic Large Cap Value ETF (PWV). 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 lower than PWV's 12.10% return.

BVAL

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

PWV

• 1D: -0.14%
• 1M: 2.43%
• YTD: 12.10%
• 6M: 12.38%
• 1Y: 25.33%
• 3Y*: 20.79%
• 5Y*: 12.50%
• 10Y*: 11.81%

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

BVAL vs. PWV - Yearly Performance Comparison

	2026 (YTD)	2025
BVAL Bluemonte Large Cap Value ETF	11.47%	11.38%
PWV Invesco Dynamic Large Cap Value ETF	12.10%	10.10%

Correlation

The correlation between BVAL and PWV is 0.80, 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 Jun 24, 2025	0.80

Return for Risk

BVAL vs. PWV — Risk / Return Rank

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

PWV

PWV Risk / Return Rank: 86
PWV Sharpe Ratio Rank: 83
PWV Sortino Ratio Rank: 86
PWV Omega Ratio Rank: 80
PWV Calmar Ratio Rank: 92
PWV Martin Ratio Rank: 90

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. PWV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Large Cap Value ETF (BVAL) and Invesco Dynamic Large Cap Value ETF (PWV). 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	PWV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.74	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.88	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.55	0.41	+2.13

Drawdowns

BVAL vs. PWV - Drawdown Comparison

The maximum BVAL drawdown since its inception was -6.69%, smaller than the maximum PWV drawdown of -49.04%. Use the drawdown chart below to compare losses from any high point for BVAL and PWV.

Drawdown Indicators

	BVAL	PWV	Difference
Max Drawdown Largest peak-to-trough decline	-6.69%	-49.04%	+42.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.05%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.67%	—
Current Drawdown Current decline from peak	-0.26%	-0.51%	+0.25%
Average Drawdown Average peak-to-trough decline	-0.91%	-9.50%	+8.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.20%	—

Volatility

Volatility by Period

	BVAL	PWV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	9.31%	+0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.13%	14.35%	-4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.13%	17.16%	-7.03%

BVAL vs. PWV - Expense Ratio Comparison

BVAL has a 0.24% expense ratio, which is lower than PWV's 0.58% expense ratio.

Dividends

BVAL vs. PWV - Dividend Comparison

BVAL's dividend yield for the trailing twelve months is around 0.97%, less than PWV's 1.81% 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%
PWV Invesco Dynamic Large Cap Value ETF	1.81%	2.12%	2.08%	2.16%	2.29%	1.89%	2.66%	2.24%	2.34%	1.55%	2.35%	2.42%

Frequently Asked Questions

Can I hold both BVAL and PWV in my portfolio?

BVAL and PWV 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, BVAL or PWV?

On fees, BVAL is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BVAL or PWV?

BVAL is cheaper with a 0.24% expense ratio, compared with 0.58% for PWV.

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

PWV has the higher dividend yield at 1.81%, compared with 0.97% for BVAL.

What is the main difference between BVAL and PWV?

They also come from different issuers: Bluemonte and Invesco. Their fees differ too: 0.24% for BVAL and 0.58% for PWV.