GTPE vs. BDVL

Last updated Aug 1, 2026

GTPE (Goldman Sachs MSCI World Private Equity Return Tracker ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - GTPE tracks the MSCI World Private Equity Return Tracker Index while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. Their 0.78 correlation means they have sometimes moved together and sometimes differently. GTPE charges 0.50%/yr vs 0.40%/yr for BDVL.

Performance

GTPE vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) 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, GTPE achieves a 15.57% return, which is significantly higher than BDVL's 6.70% return.

GTPE

• 1D: -0.23%
• 1M: -1.75%
• 6M: 13.40%
• YTD: 15.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BDVL

• 1D: 0.14%
• 1M: 0.66%
• 6M: 4.88%
• YTD: 6.70%
• 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)
BDVL iShares Disciplined Volatility Equity Active ETF	$4.62M	$5.40M	$7.08M
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	$27.54K	$53.33K	$76.42K

GTPE vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	15.57%	2.96%
BDVL iShares Disciplined Volatility Equity Active ETF	6.70%	1.75%

Correlation

The correlation between GTPE and BDVL is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.78

Return for Risk

GTPE vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) 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.

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

Drawdowns

GTPE vs. BDVL - Drawdown Comparison

The maximum GTPE drawdown since its inception was -8.91%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for GTPE and BDVL.

Drawdown Indicators

	GTPE	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-8.91%	-7.71%	-1.20%
Current Drawdown Current decline from peak	-3.64%	0.00%	-3.64%
Average Drawdown Average peak-to-trough decline	-1.85%	-1.13%	-0.72%

Volatility

Volatility by Period

	GTPE	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.95%	9.44%	+8.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.95%	9.44%	+8.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.95%	9.44%	+8.51%

GTPE vs. BDVL - Expense Ratio Comparison

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

Dividends

GTPE vs. BDVL - Dividend Comparison

GTPE has not paid dividends to shareholders, while BDVL's dividend yield for the trailing twelve months is around 3.49%.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	3.49%	2.79%
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GTPE and BDVL in my portfolio?

GTPE and BDVL have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTPE 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, GTPE or BDVL?

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

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

BDVL has the higher dividend yield at 3.49%, compared with 0.00% for GTPE.

What is the main difference between GTPE and BDVL?

GTPE tracks MSCI World Private Equity Return Tracker Index, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: Goldman Sachs and iShares. Their fees differ too: 0.50% for GTPE and 0.40% for BDVL.