IEDI vs. BEDZ

Last updated Aug 4, 2026

IEDI (iShares Evolved U.S. Discretionary Spending ETF) and BEDZ (AdvisorShares Hotel ETF) are both Consumer Discretionary Equities funds. Both are actively managed. Over the past 5 years, IEDI returned 6.09%/yr vs 11.88%/yr for BEDZ. Their 0.69 correlation means they have sometimes moved together and sometimes differently. IEDI charges 0.18%/yr vs 0.99%/yr for BEDZ.

Performance

IEDI vs. BEDZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Evolved U.S. Discretionary Spending ETF (IEDI) and AdvisorShares Hotel ETF (BEDZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IEDI achieves a 3.29% return, which is significantly lower than BEDZ's 12.58% return.

IEDI

• 1D: 1.05%
• 1M: 1.87%
• 6M: -1.67%
• YTD: 3.29%
• 1Y: 4.48%
• 3Y*: 12.40%
• 5Y*: 6.09%
• 10Y*: —
• ALL TIME*: 12.08%

BEDZ

• 1D: 0.60%
• 1M: 2.16%
• 6M: 12.82%
• YTD: 12.58%
• 1Y: 19.65%
• 3Y*: 14.99%
• 5Y*: 11.88%
• 10Y*: —
• ALL TIME*: 9.25%

*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)
BEDZ AdvisorShares Hotel ETF	$41.69K	$47.62K	$77.24K
IEDI iShares Evolved U.S. Discretionary Spending ETF	$112.48K	$121.64K	$142.75K

IEDI vs. BEDZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IEDI iShares Evolved U.S. Discretionary Spending ETF	3.29%	4.05%	22.11%	24.32%	-23.17%	12.03%
BEDZ AdvisorShares Hotel ETF	12.58%	3.46%	18.31%	23.88%	-13.40%	7.95%

Correlation

The correlation between IEDI and BEDZ is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (3Y) Balances recent behavior with more history.	0.70
Correlation (5Y) Shows whether the relationship held over a longer period.	0.70
Correlation (All Time) Calculated using the full available price history since Apr 21, 2021	0.69

The correlation between IEDI and BEDZ has been stable across timeframes, ranging from 0.68 to 0.70 - a consistent structural relationship.

IEDI vs. BEDZ - Sectors Allocation Comparison

Sectors	IEDI	BEDZ
Consumer Cyclical	62.9%	44.5%
Consumer Defensive	23.1%	-
Industrials	4.0%	4.1%
Technology	3.1%	-
Communication Services	2.9%	1.5%
Financial Services	2.2%	-
Real Estate	0.5%	50.6%
Healthcare	0.2%	-
Energy	0.1%	-
Basic Materials	0.1%	-
Utilities	-	-

Return for Risk

IEDI vs. BEDZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IEDI

IEDI Risk / Return Rank: 18
IEDI Sharpe Ratio Rank: 18
IEDI Sortino Ratio Rank: 17
IEDI Omega Ratio Rank: 16
IEDI Calmar Ratio Rank: 19
IEDI Martin Ratio Rank: 18

BEDZ

BEDZ Risk / Return Rank: 39
BEDZ Sharpe Ratio Rank: 37
BEDZ Sortino Ratio Rank: 40
BEDZ Omega Ratio Rank: 36
BEDZ Calmar Ratio Rank: 44
BEDZ Martin Ratio Rank: 37

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IEDI vs. BEDZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Discretionary Spending ETF (IEDI) and AdvisorShares Hotel ETF (BEDZ). 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.

	IEDI	BEDZ	Difference
Sharpe ratio: Return per unit of total volatility	0.31	0.97	-0.66
Sortino ratio: Return per unit of downside risk	0.57	1.55	-0.98
Omega ratio: Gain probability vs. loss probability	1.06	1.18	-0.11
Calmar ratio: Return relative to maximum drawdown	0.48	1.64	-1.16
Martin ratio: Return relative to average drawdown	1.01	3.88	-2.87

IEDI vs. BEDZ - Sharpe Ratio Comparison

The current IEDI Sharpe Ratio is 0.31, which is lower than the BEDZ Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of IEDI and BEDZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IEDI vs. BEDZ - Drawdown Comparison

The maximum IEDI drawdown since its inception was -30.60%, roughly equal to the maximum BEDZ drawdown of -29.70%. Use the drawdown chart below to compare losses from any high point for IEDI and BEDZ.

Drawdown Indicators

	IEDI	BEDZ	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	-29.70%	-0.90%
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	-12.06%	+2.62%
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	-28.31%	+9.67%
Max Drawdown (5Y) Largest decline over 5 years	-29.79%	-29.70%	-0.09%
Current Drawdown Current decline from peak	-2.75%	-1.84%	-0.91%
Average Drawdown Average peak-to-trough decline	-6.90%	-7.88%	+0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	5.07%	-0.63%

Volatility

IEDI vs. BEDZ - Volatility Comparison

The current volatility for iShares Evolved U.S. Discretionary Spending ETF (IEDI) is 4.83%, while AdvisorShares Hotel ETF (BEDZ) has a volatility of 5.38%. This indicates that IEDI experiences smaller price fluctuations and is considered to be less risky than BEDZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEDI	BEDZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	5.38%	-0.55%
Volatility (6M) Calculated over the trailing 6-month period	11.20%	15.13%	-3.93%
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	20.29%	-5.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.33%	24.60%	-6.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.39%	24.65%	-5.26%

IEDI vs. BEDZ - Expense Ratio Comparison

IEDI has a 0.18% expense ratio, which is lower than BEDZ's 0.99% expense ratio.

Dividends

IEDI vs. BEDZ - Dividend Comparison

IEDI's dividend yield for the trailing twelve months is around 0.93%, less than BEDZ's 2.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BEDZ AdvisorShares Hotel ETF	2.05%	2.31%	0.00%	1.67%	0.21%	0.36%	0.00%	0.00%	0.00%
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.93%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%

Frequently Asked Questions

Can I hold both IEDI and BEDZ in my portfolio?

IEDI and BEDZ have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IEDI or BEDZ?

BEDZ has higher volatility (5.38%) compared to IEDI (4.83%). In terms of maximum drawdown, IEDI dropped -30.60% vs BEDZ's -29.70%.

Which ETF is better, IEDI or BEDZ?

On 5-year performance, BEDZ leads with 11.88% vs 6.09% for IEDI. On fees, IEDI is cheaper at 0.18% per year. On volatility, IEDI has been the lower-risk option at 4.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IEDI or BEDZ?

Over the 5-year period, BEDZ has performed better with a 11.88% return vs 6.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IEDI or BEDZ?

IEDI is cheaper with a 0.18% expense ratio, compared with 0.99% for BEDZ.

Which ETF pays a higher dividend yield, IEDI or BEDZ?

BEDZ has the higher dividend yield at 2.05%, compared with 0.93% for IEDI.

What is the main difference between IEDI and BEDZ?

They also come from different issuers: iShares and AdvisorShares. Their fees differ too: 0.18% for IEDI and 0.99% for BEDZ.

Which has better risk-adjusted returns?

BEDZ currently has the higher Sharpe Ratio (0.97 vs 0.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.