DVAL vs. IG

Last updated Aug 2, 2026

DVAL (BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF) and IG (Principal Investment Grade Corporate Active ETF) are both exchange-traded funds - DVAL is a Large Cap Value Equities fund actively managed by BrandywineGLOBAL, while IG is a Corporate Bonds fund actively managed by Principal. Both are actively managed. Their 0.45 correlation means their historical movements had little consistent relationship. DVAL charges 0.49%/yr vs 0.26%/yr for IG.

Performance

DVAL vs. IG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) and Principal Investment Grade Corporate Active ETF (IG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DVAL

• 1D: 0.33%
• 1M: 2.88%
• 6M: 8.79%
• YTD: 13.26%
• 1Y: 18.55%
• 3Y*: 12.37%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.11%

IG

• 1D: -0.19%
• 1M: -2.02%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DVAL BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF	$286.13K	$154.34K	$233.85K
IG Principal Investment Grade Corporate Active ETF	$1.13M	$833.84K	$963.03K

DVAL vs. IG - Yearly Performance Comparison

	2026 (YTD)
DVAL BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF	6.46%
IG Principal Investment Grade Corporate Active ETF	-1.64%

Correlation

The correlation between DVAL and IG is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 22, 2026	0.45

Return for Risk

DVAL vs. IG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DVAL

DVAL Risk / Return Rank: 73
DVAL Sharpe Ratio Rank: 71
DVAL Sortino Ratio Rank: 74
DVAL Omega Ratio Rank: 66
DVAL Calmar Ratio Rank: 78
DVAL Martin Ratio Rank: 75

IG

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DVAL vs. IG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) and Principal Investment Grade Corporate Active ETF (IG). 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.

	DVAL	IG	Difference
Sharpe ratio: Return per unit of total volatility	1.63	—	—
Sortino ratio: Return per unit of downside risk	2.41	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	2.79	—	—
Martin ratio: Return relative to average drawdown	9.36	—	—

Drawdowns

DVAL vs. IG - Drawdown Comparison

The maximum DVAL drawdown since its inception was -18.11%, which is greater than IG's maximum drawdown of -2.37%. Use the drawdown chart below to compare losses from any high point for DVAL and IG.

Drawdown Indicators

	DVAL	IG	Difference
Max Drawdown Largest peak-to-trough decline	-18.11%	-2.37%	-15.74%
Max Drawdown (1Y) Largest decline over 1 year	-6.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.11%	—	—
Current Drawdown Current decline from peak	-0.80%	-2.37%	+1.57%
Average Drawdown Average peak-to-trough decline	-3.50%	-0.75%	-2.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	—	—

Volatility

Volatility by Period

	DVAL	IG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.61%	4.54%	+6.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.11%	4.54%	+9.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.11%	4.54%	+9.57%

DVAL vs. IG - Expense Ratio Comparison

DVAL has a 0.49% expense ratio, which is higher than IG's 0.26% expense ratio.

Dividends

DVAL vs. IG - Dividend Comparison

DVAL's dividend yield for the trailing twelve months is around 1.77%, more than IG's 1.28% yield.

Position	TTM	2025	2024	2023	2022
DVAL BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF	1.77%	2.00%	2.82%	1.16%	13.13%
IG Principal Investment Grade Corporate Active ETF	1.28%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVAL and IG in my portfolio?

DVAL and IG have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVAL or IG?

On fees, IG is cheaper at 0.26% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVAL or IG?

IG is cheaper with a 0.26% expense ratio, compared with 0.49% for DVAL.

Which ETF pays a higher dividend yield, DVAL or IG?

DVAL has the higher dividend yield at 1.77%, compared with 1.28% for IG.

What is the main difference between DVAL and IG?

DVAL is categorized as Large Cap Value Equities, while IG is Corporate Bonds. They also come from different issuers: BrandywineGLOBAL and Principal. Their fees differ too: 0.49% for DVAL and 0.26% for IG.