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HERD vs. BDVL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HERD vs. BDVL

Last updated Jun 4, 2026

HERD (Pacer Cash Cows Fund of Funds ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - HERD tracks the Pacer Cash Cows Fund of Funds Index while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. HERD charges 0.73%/yr vs 0.40%/yr for BDVL.

Performance

HERD vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Cash Cows Fund of Funds ETF (HERD) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HERD achieves a 12.05% return, which is significantly higher than BDVL's 4.71% return.

HERD

1D
-0.52%
1M
3.45%
YTD
12.05%
6M
12.85%
1Y
29.32%
3Y*
17.33%
5Y*
9.95%
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)

HERD vs. BDVL - Yearly Performance Comparison

2026 (YTD)2025
HERD
Pacer Cash Cows Fund of Funds ETF		12.05%5.31%
BDVL
iShares Disciplined Volatility Equity Active ETF		4.71%1.97%

Correlation

The correlation between HERD and BDVL is 0.79, 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

0.79

HERD vs. BDVL - Sectors Allocation Comparison

Sectors
HERD
BDVL

Technology

18.0%
23.0%

Energy

15.9%
2.8%

Consumer Cyclical

15.6%
8.5%

Healthcare

14.7%
11.1%

Industrials

13.4%
15.4%

Communication Services

8.3%
10.7%

Consumer Defensive

8.2%
6.3%

Basic Materials

4.7%
2.6%

Utilities

0.8%
4.8%

Real Estate

0.3%
1.0%

Financial Services

0.0%
13.9%

Technology

HERD
18.0%
BDVL
23.0%

Energy

HERD
15.9%
BDVL
2.8%

Consumer Cyclical

HERD
15.6%
BDVL
8.5%

Healthcare

HERD
14.7%
BDVL
11.1%

Industrials

HERD
13.4%
BDVL
15.4%

Communication Services

HERD
8.3%
BDVL
10.7%

Consumer Defensive

HERD
8.2%
BDVL
6.3%

Basic Materials

HERD
4.7%
BDVL
2.6%

Utilities

HERD
0.8%
BDVL
4.8%

Real Estate

HERD
0.3%
BDVL
1.0%

Financial Services

HERD
0.0%
BDVL
13.9%

Compare stocks, funds, or ETFs

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

Pacer Cash Cows Fund of Funds ETF

iShares Disciplined Volatility Equity Active ETF

Often compared with HERD:
HERD vs. COWZHERD vs. FVDHERD vs. GCOWHERD vs. JEPQHERD vs. VTHERD vs. VOOHERD vs. TMFC
Often compared with BDVL:
BDVL vs. CGGEBDVL vs. VTBDVL vs. DFAWBDVL vs. UFOBDVL vs. IVESBDVL vs. AVGVBDVL vs. PAWZ

Return for Risk

HERD vs. BDVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HERD
HERD Risk / Return Rank: 8181
Overall Rank
HERD Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
HERD Sortino Ratio Rank: 7979
Sortino Ratio Rank
HERD Omega Ratio Rank: 7575
Omega Ratio Rank
HERD Calmar Ratio Rank: 8888
Calmar Ratio Rank
HERD Martin Ratio Rank: 8585
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.

HERD vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Cash Cows Fund of Funds ETF (HERD) 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.

HERDBDVLDifference
Sharpe ratioReturn per unit of total volatility
2.54

—

—

Sortino ratioReturn per unit of downside risk
3.56

—

—

Omega ratioGain probability vs. loss probability

1.45

—

—

Calmar ratioReturn relative to maximum drawdown

5.19

—

—

Martin ratioReturn relative to average drawdown

17.73

—

—

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

HERD vs. BDVL - Sharpe Ratio Comparison

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Sharpe Ratios by Period

HERDBDVLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.54

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.56

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.63

1.01

-0.38

Drawdowns

HERD vs. BDVL - Drawdown Comparison

The maximum HERD drawdown since its inception was -39.41%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for HERD and BDVL.

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Drawdown Indicators

HERDBDVLDifference

Max Drawdown

Largest peak-to-trough decline

-39.41%

-7.71%

-31.70%

Max Drawdown (1Y)

Largest decline over 1 year

-5.68%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-18.90%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-21.60%

—

—

Current Drawdown

Current decline from peak

-0.67%

-0.95%

+0.28%

Average Drawdown

Average peak-to-trough decline

-4.55%

-1.19%

-3.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.66%

—

—

Volatility

HERD vs. BDVL - Volatility Comparison

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Volatility by Period

HERDBDVLDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.92%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

7.74%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

11.62%

9.49%

+2.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.76%

9.49%

+8.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.50%

9.49%

+11.01%

HERD vs. BDVL - Expense Ratio Comparison

HERD has a 0.73% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

HERD vs. BDVL - Dividend Comparison

HERD's dividend yield for the trailing twelve months is around 3.13%, more than BDVL's 2.66% yield.

PositionTTM2025202420232022202120202019
BDVL
iShares Disciplined Volatility Equity Active ETF		2.66%2.79%0.00%0.00%0.00%0.00%0.00%0.00%
HERD
Pacer Cash Cows Fund of Funds ETF		3.13%3.75%2.43%2.54%2.50%2.02%1.95%1.69%

Frequently Asked Questions

HERD and BDVL have a correlation of 0.79, 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 0.73% for HERD.

HERD has the higher dividend yield at 3.13%, compared with 2.66% for BDVL.

HERD tracks Pacer Cash Cows Fund of Funds Index, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.73% for HERD and 0.40% for BDVL.

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