IFLR vs. BDVL

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator International Developed Managed Floor ETF (IFLR) and iShares Disciplined Volatility Equity Active ETF (BDVL).

IFLR and BDVL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IFLR is an actively managed fund by Innovator. It was launched on Nov 20, 2025. BDVL is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Minimum Volatility Index. It was launched on Sep 12, 2025.

Performance

IFLR vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator International Developed Managed Floor ETF (IFLR) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

IFLR vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
IFLR Innovator International Developed Managed Floor ETF	0.14%	4.20%
BDVL iShares Disciplined Volatility Equity Active ETF	-0.63%	3.77%

Returns By Period

In the year-to-date period, IFLR achieves a 0.14% return, which is significantly higher than BDVL's -0.63% return.

IFLR

• 1D: 2.34%
• 1M: -6.96%
• YTD: 0.14%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVL

• 1D: 2.08%
• 1M: -5.45%
• YTD: -0.63%
• 6M: 1.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IFLR vs. BDVL - Expense Ratio Comparison

IFLR has a 0.89% expense ratio, which is higher than BDVL's 0.40% expense ratio.

IFLR

Innovator International Developed Managed Floor ETF

BDVL

iShares Disciplined Volatility Equity Active ETF

Return for Risk

IFLR vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Managed Floor ETF (IFLR) 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.

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

Sharpe Ratios by Period

	IFLR	BDVL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.96	0.27	+0.70

Correlation

The correlation between IFLR and BDVL is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IFLR vs. BDVL - Dividend Comparison

IFLR's dividend yield for the trailing twelve months is around 0.30%, less than BDVL's 2.81% yield.

	TTM	2025
IFLR Innovator International Developed Managed Floor ETF	0.30%	0.00%
BDVL iShares Disciplined Volatility Equity Active ETF	2.81%	2.79%

Drawdowns

IFLR vs. BDVL - Drawdown Comparison

The maximum IFLR drawdown since its inception was -9.58%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for IFLR and BDVL.

Drawdown Indicators

	IFLR	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-9.58%	-7.71%	-1.87%
Current Drawdown Current decline from peak	-7.08%	-5.45%	-1.63%
Average Drawdown Average peak-to-trough decline	-1.83%	-1.17%	-0.66%

Volatility

Volatility by Period

	IFLR	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.52%	9.29%	+4.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.52%	9.29%	+4.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.52%	9.29%	+4.23%