IVES vs. BDVL

Last updated Jun 4, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both exchange-traded funds - IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index, while BDVL is a Global Equities fund tracking the MSCI ACWI Minimum Volatility Index. Both are passively managed. A 0.51 correlation means they provide meaningful diversification when combined. IVES charges 0.75%/yr vs 0.40%/yr for BDVL.

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.

Returns By Period

In the year-to-date period, IVES achieves a 27.14% return, which is significantly higher than BDVL's 4.71% return.

IVES

• 1D: -2.92%
• 1M: 18.28%
• YTD: 27.14%
• 6M: 24.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 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)

IVES vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	27.14%	1.57%
BDVL iShares Disciplined Volatility Equity Active ETF	4.71%	1.97%

Correlation

The correlation between IVES and BDVL is 0.51, 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	0.51

IVES vs. BDVL - Sectors Allocation Comparison

Sectors	IVES	BDVL
Technology	67.8%	23.0%
Consumer Cyclical	12.9%	8.5%
Communication Services	11.8%	10.7%
Industrials	4.3%	15.4%
Financial Services	1.7%	13.9%
Utilities	1.7%	4.8%
Basic Materials	-	2.6%
Consumer Defensive	-	6.3%
Energy	-	2.8%
Healthcare	-	11.1%
Real Estate	-	1.0%

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	2.32	1.01	+1.30

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	-3.69%	-0.95%	-2.74%
Average Drawdown Average peak-to-trough decline	-5.63%	-1.19%	-4.44%

Volatility

Volatility by Period

	IVES	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.77%	9.49%	+16.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.77%	9.49%	+16.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.77%	9.49%	+16.28%

IVES vs. BDVL - Expense Ratio Comparison

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

Dividends

IVES vs. BDVL - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.33%, less than BDVL's 2.66% yield.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	2.66%	2.79%
IVES Dan IVES Wedbush AI Revolution ETF	0.33%	0.41%

Frequently Asked Questions

Can I hold both IVES and BDVL in my portfolio?

IVES and BDVL have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IVES or BDVL?

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.

Which ETF is cheaper, IVES or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.75% for IVES.

Which ETF pays a higher dividend yield, IVES or BDVL?

BDVL has the higher dividend yield at 2.66%, compared with 0.33% for IVES.

What is the main difference between IVES and BDVL?

IVES is categorized as Technology Equities, while BDVL is Global Equities. IVES tracks Solactive Wedbush Artificial Intelligence Index, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: Wedbush and iShares. Their fees differ too: 0.75% for IVES and 0.40% for BDVL.