DGT vs. BDVL

Last updated Jun 4, 2026

DGT (State Street SPDR Global Dow ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - DGT tracks the The Global Dow while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. Their correlation of 0.87 suggests significant overlap in exposure. DGT charges 0.50%/yr vs 0.40%/yr for BDVL.

Performance

DGT vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR Global Dow ETF (DGT) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGT achieves a 12.72% return, which is significantly higher than BDVL's 4.71% return.

DGT

• 1D: -0.58%
• 1M: 5.01%
• YTD: 12.72%
• 6M: 14.40%
• 1Y: 30.90%
• 3Y*: 22.91%
• 5Y*: 13.59%
• 10Y*: 14.09%

BDVL

• 1D: -0.44%
• 1M: 0.91%
• YTD: 4.71%
• 6M: 5.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DGT vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
DGT State Street SPDR Global Dow ETF	12.72%	5.71%
BDVL iShares Disciplined Volatility Equity Active ETF	4.71%	1.97%

Correlation

The correlation between DGT and BDVL is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	0.87

DGT vs. BDVL - Sectors Allocation Comparison

Sectors	DGT	BDVL
Technology	17.7%	23.0%
Financial Services	17.1%	13.9%
Industrials	13.9%	15.4%
Healthcare	10.9%	11.1%
Consumer Defensive	7.6%	6.3%
Consumer Cyclical	7.5%	8.5%
Energy	7.1%	2.8%
Basic Materials	7.1%	2.6%
Communication Services	6.0%	10.7%
Utilities	3.8%	4.8%
Real Estate	1.4%	1.0%

Return for Risk

DGT vs. BDVL — Risk / Return Rank

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

DGT

DGT Risk / Return Rank: 77
DGT Sharpe Ratio Rank: 78
DGT Sortino Ratio Rank: 79
DGT Omega Ratio Rank: 79
DGT Calmar Ratio Rank: 73
DGT Martin Ratio Rank: 77

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.

DGT vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Global Dow ETF (DGT) and iShares Disciplined Volatility Equity Active ETF (BDVL). 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.

	DGT	BDVL	Difference
Sharpe ratio: Return per unit of total volatility	2.59	—	—
Sortino ratio: Return per unit of downside risk	3.58	—	—
Omega ratio: Gain probability vs. loss probability	1.48	—	—
Calmar ratio: Return relative to maximum drawdown	3.70	—	—
Martin ratio: Return relative to average drawdown	15.02	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DGT	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.59	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	1.01	-0.72

Drawdowns

DGT vs. BDVL - Drawdown Comparison

The maximum DGT drawdown since its inception was -55.36%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for DGT and BDVL.

Drawdown Indicators

	DGT	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-55.36%	-7.71%	-47.65%
Max Drawdown (1Y) Largest decline over 1 year	-8.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.67%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.40%	—	—
Current Drawdown Current decline from peak	-0.58%	-0.95%	+0.37%
Average Drawdown Average peak-to-trough decline	-13.83%	-1.19%	-12.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	—	—

Volatility

Volatility by Period

	DGT	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	9.49%	+2.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.16%	9.49%	+5.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	9.49%	+7.46%

DGT vs. BDVL - Expense Ratio Comparison

DGT has a 0.50% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

DGT vs. BDVL - Dividend Comparison

DGT's dividend yield for the trailing twelve months is around 2.52%, less than BDVL's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDVL iShares Disciplined Volatility Equity Active ETF	2.66%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DGT State Street SPDR Global Dow ETF	2.52%	2.78%	2.83%	2.53%	3.15%	2.66%	1.97%	2.76%	2.50%	1.93%	2.31%	2.37%

Frequently Asked Questions

Can I hold both DGT and BDVL in my portfolio?

DGT and BDVL have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGT or BDVL?

On fees, BDVL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGT or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.50% for DGT.

Which ETF pays a higher dividend yield, DGT or BDVL?

BDVL has the higher dividend yield at 2.66%, compared with 2.52% for DGT.

What is the main difference between DGT and BDVL?

DGT tracks The Global Dow, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.50% for DGT and 0.40% for BDVL.