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HBGD.TO vs. BDVL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HBGD.TO vs. BDVL

Last updated Jun 4, 2026

HBGD.TO (Global X Big Data & Hardware Index ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. At a 0.40 correlation, their price movements are largely independent. HBGD.TO charges 0.64%/yr vs 0.40%/yr for BDVL.

Performance

HBGD.TO vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Big Data & Hardware Index ETF (HBGD.TO) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

HBGD.TO is traded in CAD, while BDVL is traded in USD. To make them comparable, the BDVL values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HBGD.TO achieves a 82.51% return, which is significantly higher than BDVL's 6.04% return.

HBGD.TO

1D
-1.98%
1M
29.31%
YTD
82.51%
6M
82.99%
1Y
184.36%
3Y*
67.20%
5Y*
61.94%
10Y*
—

BDVL

1D
-0.03%
1M
2.93%
YTD
6.04%
6M
5.02%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HBGD.TO vs. BDVL - Yearly Performance Comparison

2026 (YTD)2025
HBGD.TO
Global X Big Data & Hardware Index ETF		82.51%12.18%
BDVL
iShares Disciplined Volatility Equity Active ETF		6.04%1.55%

Correlation

The correlation between HBGD.TO and BDVL is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (All Time)
Calculated using the full available price history since Sep 16, 2025

0.40

HBGD.TO vs. BDVL - Sectors Allocation Comparison

Sectors
HBGD.TO
BDVL

Technology

68.7%
23.0%

Financial Services

24.9%
13.9%

Real Estate

4.4%
1.0%

Communication Services

2.0%
10.7%

Basic Materials

-

2.6%

Consumer Cyclical

-

8.5%

Consumer Defensive

-

6.3%

Energy

-

2.8%

Healthcare

-

11.1%

Industrials

-

15.4%

Utilities

-

4.8%

Technology

HBGD.TO
68.7%
BDVL
23.0%

Financial Services

HBGD.TO
24.9%
BDVL
13.9%

Real Estate

HBGD.TO
4.4%
BDVL
1.0%

Communication Services

HBGD.TO
2.0%
BDVL
10.7%

Basic Materials

HBGD.TO

-

BDVL
2.6%

Consumer Cyclical

HBGD.TO

-

BDVL
8.5%

Consumer Defensive

HBGD.TO

-

BDVL
6.3%

Energy

HBGD.TO

-

BDVL
2.8%

Healthcare

HBGD.TO

-

BDVL
11.1%

Industrials

HBGD.TO

-

BDVL
15.4%

Utilities

HBGD.TO

-

BDVL
4.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Big Data & Hardware Index ETF

iShares Disciplined Volatility Equity Active ETF

Often compared with HBGD.TO:
HBGD.TO vs. MTRX.TOHBGD.TO vs. CHPS-U.TOHBGD.TO vs. CHPS.TOHBGD.TO vs. SMHHBGD.TO vs. JPGL.LHBGD.TO vs. QYLDHBGD.TO vs. IQM
Often compared with BDVL:
BDVL vs. CGGEBDVL vs. VTBDVL vs. DFAWBDVL vs. UFOBDVL vs. AVGVBDVL vs. IVESBDVL vs. PAWZ

Return for Risk

HBGD.TO vs. BDVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HBGD.TO
HBGD.TO Risk / Return Rank: 9494
Overall Rank
HBGD.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
HBGD.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
HBGD.TO Omega Ratio Rank: 9292
Omega Ratio Rank
HBGD.TO Calmar Ratio Rank: 9595
Calmar Ratio Rank
HBGD.TO Martin Ratio Rank: 9393
Martin Ratio Rank
BDVL
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.

HBGD.TO vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Big Data & Hardware Index ETF (HBGD.TO) 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.

HBGD.TOBDVLDifference
Sharpe ratioReturn per unit of total volatility
4.84

—

—

Sortino ratioReturn per unit of downside risk
4.92

—

—

Omega ratioGain probability vs. loss probability

1.62

—

—

Calmar ratioReturn relative to maximum drawdown

8.40

—

—

Martin ratioReturn relative to average drawdown

25.05

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HBGD.TO vs. BDVL - Sharpe Ratio Comparison

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Sharpe Ratios by Period

HBGD.TOBDVLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

4.84

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.65

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.74

1.17

-1.91

Drawdowns

HBGD.TO vs. BDVL - Drawdown Comparison

The maximum HBGD.TO drawdown since its inception was -100.00%, which is greater than BDVL's maximum drawdown of -6.20%. Use the drawdown chart below to compare losses from any high point for HBGD.TO and BDVL.

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Drawdown Indicators

HBGD.TOBDVLDifference

Max Drawdown

Largest peak-to-trough decline

-100.00%

-6.20%

-93.80%

Max Drawdown (1Y)

Largest decline over 1 year

-22.09%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-38.68%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-63.43%

—

—

Current Drawdown

Current decline from peak

-99.97%

-0.35%

-99.62%

Average Drawdown

Average peak-to-trough decline

-99.99%

-1.16%

-98.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.39%

—

—

Volatility

HBGD.TO vs. BDVL - Volatility Comparison

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Volatility by Period

HBGD.TOBDVLDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.31%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

28.67%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

38.34%

9.33%

+29.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

96.54%

9.33%

+87.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

87.39%

9.33%

+78.06%

HBGD.TO vs. BDVL - Expense Ratio Comparison

HBGD.TO has a 0.64% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

HBGD.TO vs. BDVL - Dividend Comparison

HBGD.TO's dividend yield for the trailing twelve months is around 0.21%, less than BDVL's 2.66% yield.

PositionTTM20252024202320222021202020192018
BDVL
iShares Disciplined Volatility Equity Active ETF		2.66%2.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HBGD.TO
Global X Big Data & Hardware Index ETF		0.21%0.39%0.53%0.64%1.22%0.83%0.32%1.52%0.68%

Frequently Asked Questions

HBGD.TO and BDVL have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

BDVL is cheaper with a 0.40% expense ratio, compared with 0.64% for HBGD.TO.

They also come from different issuers: Global X and iShares. Their fees differ too: 0.64% for HBGD.TO and 0.40% for BDVL.

Portfolio Optimizer

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