FDG vs. BDVL

Last updated Jun 24, 2026

FDG (American Century Focused Dynamic Growth ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. FDG is actively managed, while BDVL is passively managed. A 0.63 correlation means they provide meaningful diversification when combined. FDG charges 0.45%/yr vs 0.40%/yr for BDVL.

Performance

FDG vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Focused Dynamic Growth ETF (FDG) 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, FDG achieves a 2.10% return, which is significantly lower than BDVL's 4.73% return.

FDG

• 1D: -1.60%
• 1M: -6.19%
• YTD: 2.10%
• 6M: 0.17%
• 1Y: 23.89%
• 3Y*: 26.18%
• 5Y*: 9.81%
• 10Y*: —

BDVL

• 1D: -0.97%
• 1M: -0.75%
• YTD: 4.73%
• 6M: 4.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDG vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
FDG American Century Focused Dynamic Growth ETF	2.10%	6.47%
BDVL iShares Disciplined Volatility Equity Active ETF	4.73%	2.20%

Correlation

The correlation between FDG and BDVL is 0.63, 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 15, 2025	0.63

FDG vs. BDVL - Sectors Allocation Comparison

Sectors	FDG	BDVL
Technology	37.7%	27.8%
Communication Services	21.5%	10.0%
Consumer Cyclical	17.1%	6.9%
Healthcare	13.2%	8.3%
Industrials	5.2%	14.2%
Financial Services	4.7%	14.3%
Energy	0.6%	1.6%
Utilities	0.1%	4.5%
Basic Materials	-	1.9%
Consumer Defensive	-	5.3%
Real Estate	-	0.9%

Return for Risk

FDG vs. BDVL — Risk / Return Rank

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

FDG

FDG Risk / Return Rank: 35
FDG Sharpe Ratio Rank: 37
FDG Sortino Ratio Rank: 34
FDG Omega Ratio Rank: 34
FDG Calmar Ratio Rank: 32
FDG Martin Ratio Rank: 35

BDVL

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

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.

FDG vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Focused Dynamic Growth ETF (FDG) 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.

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.

	FDG	BDVL	Difference
Sharpe ratio: Return per unit of total volatility	1.26	—	—
Sortino ratio: Return per unit of downside risk	1.74	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.53	—	—
Martin ratio: Return relative to average drawdown	5.17	—	—

Drawdowns

FDG vs. BDVL - Drawdown Comparison

The maximum FDG drawdown since its inception was -43.69%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for FDG and BDVL.

Drawdown Indicators

	FDG	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-43.69%	-7.71%	-35.98%
Max Drawdown (1Y) Largest decline over 1 year	-15.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.69%	—	—
Current Drawdown Current decline from peak	-8.01%	-1.41%	-6.60%
Average Drawdown Average peak-to-trough decline	-13.35%	-1.18%	-12.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.63%	—	—

Volatility

Volatility by Period

	FDG	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.12%	9.71%	+9.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.87%	9.71%	+15.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.98%	9.71%	+15.27%

FDG vs. BDVL - Expense Ratio Comparison

FDG has a 0.45% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

FDG vs. BDVL - Dividend Comparison

FDG has not paid dividends to shareholders, while BDVL's dividend yield for the trailing twelve months is around 3.56%.

Position	TTM	2025	2024	2023	2022	2021	2020
BDVL iShares Disciplined Volatility Equity Active ETF	3.56%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%
FDG American Century Focused Dynamic Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%

Frequently Asked Questions

Can I hold both FDG and BDVL in my portfolio?

FDG and BDVL have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDG 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, FDG or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.45% for FDG.

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

BDVL has the higher dividend yield at 3.56%, compared with 0.00% for FDG.

What is the main difference between FDG and BDVL?

They also come from different issuers: American Century and iShares. Their fees differ too: 0.45% for FDG and 0.40% for BDVL.