DIVD vs. BDVL

Last updated Jun 4, 2026

DIVD (Altrius Global Dividend ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. DIVD is actively managed, while BDVL is passively managed. A 0.73 correlation means they provide meaningful diversification when combined. DIVD charges 0.49%/yr vs 0.40%/yr for BDVL.

Performance

DIVD vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Altrius Global Dividend ETF (DIVD) 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, DIVD achieves a 10.91% return, which is significantly higher than BDVL's 5.17% return.

DIVD

• 1D: -0.65%
• 1M: 0.55%
• YTD: 10.91%
• 6M: 11.92%
• 1Y: 23.86%
• 3Y*: 17.10%
• 5Y*: —
• 10Y*: —

BDVL

• 1D: 0.24%
• 1M: 1.11%
• YTD: 5.17%
• 6M: 6.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DIVD vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
DIVD Altrius Global Dividend ETF	10.91%	5.76%
BDVL iShares Disciplined Volatility Equity Active ETF	5.17%	1.97%

Correlation

The correlation between DIVD and BDVL is 0.73, 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 Sep 16, 2025	0.73

DIVD vs. BDVL - Sectors Allocation Comparison

Sectors	DIVD	BDVL
Healthcare	19.3%	11.1%
Financial Services	17.2%	13.9%
Consumer Defensive	15.1%	6.3%
Industrials	14.9%	15.4%
Energy	9.4%	2.8%
Technology	8.8%	23.0%
Basic Materials	6.0%	2.6%
Consumer Cyclical	4.7%	8.5%
Communication Services	3.4%	10.7%
Real Estate	1.2%	1.0%
Utilities	-	4.8%

Return for Risk

DIVD vs. BDVL — Risk / Return Rank

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

DIVD

DIVD Risk / Return Rank: 66
DIVD Sharpe Ratio Rank: 63
DIVD Sortino Ratio Rank: 65
DIVD Omega Ratio Rank: 62
DIVD Calmar Ratio Rank: 71
DIVD Martin Ratio Rank: 70

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.

DIVD vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Altrius Global Dividend ETF (DIVD) 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.

	DIVD	BDVL	Difference
Sharpe ratio Return per unit of total volatility	2.12	—	—
Sortino ratio Return per unit of downside risk	3.03	—	—
Omega ratio Gain probability vs. loss probability	1.38	—	—
Calmar ratio Return relative to maximum drawdown	3.58	—	—
Martin ratio Return relative to average drawdown	13.05	—	—
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

	DIVD	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.50	1.09	+0.41

Drawdowns

DIVD vs. BDVL - Drawdown Comparison

The maximum DIVD drawdown since its inception was -13.88%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for DIVD and BDVL.

Drawdown Indicators

	DIVD	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-13.88%	-7.71%	-6.17%
Max Drawdown (1Y) Largest decline over 1 year	-6.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.88%	—	—
Current Drawdown Current decline from peak	-1.57%	-0.51%	-1.06%
Average Drawdown Average peak-to-trough decline	-2.23%	-1.19%	-1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	—	—

Volatility

Volatility by Period

	DIVD	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.30%	9.50%	+1.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.26%	9.50%	+3.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.26%	9.50%	+3.76%

DIVD vs. BDVL - Expense Ratio Comparison

DIVD has a 0.49% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

DIVD vs. BDVL - Dividend Comparison

DIVD's dividend yield for the trailing twelve months is around 2.73%, more than BDVL's 2.65% yield.

Position	TTM	2025	2024	2023	2022
BDVL iShares Disciplined Volatility Equity Active ETF	2.65%	2.79%	0.00%	0.00%	0.00%
DIVD Altrius Global Dividend ETF	2.73%	2.86%	3.39%	2.96%	0.60%

Frequently Asked Questions

Can I hold both DIVD and BDVL in my portfolio?

DIVD and BDVL have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DIVD 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, DIVD or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.49% for DIVD.

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

DIVD has the higher dividend yield at 2.73%, compared with 2.65% for BDVL.

What is the main difference between DIVD and BDVL?

They also come from different issuers: Altrius and iShares. Their fees differ too: 0.49% for DIVD and 0.40% for BDVL.