GLBL vs. BDVL

Last updated Jun 4, 2026

GLBL (Pacer MSCI World Industry Advantage ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - GLBL tracks the MSCI World Ricardo Comparative Advantage Select Index while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. A 0.75 correlation means they provide meaningful diversification when combined. GLBL charges 0.65%/yr vs 0.40%/yr for BDVL.

Performance

GLBL vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer MSCI World Industry Advantage ETF (GLBL) 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, GLBL achieves a 13.05% return, which is significantly higher than BDVL's 4.71% return.

GLBL

• 1D: -0.46%
• 1M: 5.74%
• YTD: 13.05%
• 6M: 13.02%
• 1Y: 31.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

GLBL vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
GLBL Pacer MSCI World Industry Advantage ETF	13.05%	3.43%
BDVL iShares Disciplined Volatility Equity Active ETF	4.71%	1.97%

Correlation

The correlation between GLBL and BDVL is 0.75, 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	0.75

GLBL vs. BDVL - Sectors Allocation Comparison

Sectors	GLBL	BDVL
Technology	38.7%	23.0%
Communication Services	16.2%	10.7%
Consumer Cyclical	12.9%	8.5%
Financial Services	12.6%	13.9%
Healthcare	6.3%	11.1%
Consumer Defensive	3.9%	6.3%
Industrials	3.4%	15.4%
Real Estate	3.1%	1.0%
Energy	1.4%	2.8%
Basic Materials	1.1%	2.6%
Utilities	0.4%	4.8%

Return for Risk

GLBL vs. BDVL — Risk / Return Rank

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

GLBL

GLBL Risk / Return Rank: 68
GLBL Sharpe Ratio Rank: 74
GLBL Sortino Ratio Rank: 70
GLBL Omega Ratio Rank: 71
GLBL Calmar Ratio Rank: 59
GLBL Martin Ratio Rank: 66

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.

GLBL vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer MSCI World Industry Advantage ETF (GLBL) 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.

	GLBL	BDVL	Difference
Sharpe ratio Return per unit of total volatility	2.35	—	—
Sortino ratio Return per unit of downside risk	3.15	—	—
Omega ratio Gain probability vs. loss probability	1.42	—	—
Calmar ratio Return relative to maximum drawdown	2.88	—	—
Martin ratio Return relative to average drawdown	11.86	—	—
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

	GLBL	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	1.01	+0.42

Drawdowns

GLBL vs. BDVL - Drawdown Comparison

The maximum GLBL drawdown since its inception was -19.75%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for GLBL and BDVL.

Drawdown Indicators

	GLBL	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-19.75%	-7.71%	-12.04%
Max Drawdown (1Y) Largest decline over 1 year	-10.97%	—	—
Current Drawdown Current decline from peak	-0.68%	-0.95%	+0.27%
Average Drawdown Average peak-to-trough decline	-2.57%	-1.19%	-1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	—	—

Volatility

Volatility by Period

	GLBL	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.44%	9.49%	+3.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.48%	9.49%	+6.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.48%	9.49%	+6.99%

GLBL vs. BDVL - Expense Ratio Comparison

GLBL has a 0.65% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

GLBL vs. BDVL - Dividend Comparison

GLBL's dividend yield for the trailing twelve months is around 0.76%, less than BDVL's 2.66% yield.

Position	TTM	2025	2024
BDVL iShares Disciplined Volatility Equity Active ETF	2.66%	2.79%	0.00%
GLBL Pacer MSCI World Industry Advantage ETF	0.76%	0.86%	0.15%

Frequently Asked Questions

Can I hold both GLBL and BDVL in my portfolio?

GLBL and BDVL have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLBL 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, GLBL or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.65% for GLBL.

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

BDVL has the higher dividend yield at 2.66%, compared with 0.76% for GLBL.

What is the main difference between GLBL and BDVL?

GLBL tracks MSCI World Ricardo Comparative Advantage Select Index, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.65% for GLBL and 0.40% for BDVL.