IVES vs. BDVL

Last updated Apr 2, 2026

Compare and contrast key facts about Dan IVES Wedbush AI Revolution ETF (IVES) and iShares Disciplined Volatility Equity Active ETF (BDVL).

IVES and BDVL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVES is a passively managed fund by Wedbush that tracks the performance of the Solactive Wedbush Artificial Intelligence Index. It was launched on Jun 4, 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. Both IVES and BDVL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IVES vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dan IVES Wedbush AI Revolution ETF (IVES) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

IVES vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	-9.27%	1.57%
BDVL iShares Disciplined Volatility Equity Active ETF	-0.63%	1.97%

Returns By Period

In the year-to-date period, IVES achieves a -9.27% return, which is significantly lower than BDVL's -0.63% return.

IVES

• 1D: 1.09%
• 1M: -4.11%
• YTD: -9.27%
• 6M: -11.72%
• 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)

IVES vs. BDVL - Expense Ratio Comparison

IVES has a 0.75% expense ratio, which is higher than BDVL's 0.40% expense ratio.

IVES

Dan IVES Wedbush AI Revolution ETF

BDVL

iShares Disciplined Volatility Equity Active ETF

Return for Risk

IVES vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) 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

	IVES	BDVL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.27	+0.40

Correlation

The correlation between IVES and BDVL is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IVES vs. BDVL - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.46%, less than BDVL's 2.81% yield.

	TTM	2025
IVES Dan IVES Wedbush AI Revolution ETF	0.46%	0.41%
BDVL iShares Disciplined Volatility Equity Active ETF	2.81%	2.79%

Drawdowns

IVES vs. BDVL - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for IVES and BDVL.

Drawdown Indicators

	IVES	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-7.71%	-14.93%
Current Drawdown Current decline from peak	-18.19%	-5.45%	-12.74%
Average Drawdown Average peak-to-trough decline	-5.71%	-1.17%	-4.54%

Volatility

Volatility by Period

	IVES	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.05%	9.29%	+15.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.05%	9.29%	+15.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.05%	9.29%	+15.76%