MNVT vs. BDVL

Last updated Jun 6, 2026

MNVT (Moonvest ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. MNVT is actively managed, while BDVL is passively managed. A 0.52 correlation means they provide meaningful diversification when combined. MNVT charges 0.75%/yr vs 0.40%/yr for BDVL.

Performance

MNVT vs. BDVL - Performance Comparison

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

Returns By Period

MNVT

• 1D: -8.13%
• 1M: 7.60%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVL

• 1D: -1.52%
• 1M: -2.05%
• YTD: 3.52%
• 6M: 3.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MNVT vs. BDVL - Yearly Performance Comparison

	2026 (YTD)
MNVT Moonvest ETF	23.95%
BDVL iShares Disciplined Volatility Equity Active ETF	3.79%

Correlation

The correlation between MNVT and BDVL is 0.52, 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 Mar 19, 2026	0.52

Return for Risk

MNVT vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Moonvest ETF (MNVT) 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

	MNVT	BDVL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.46	0.81	+2.66

Drawdowns

MNVT vs. BDVL - Drawdown Comparison

The maximum MNVT drawdown since its inception was -12.56%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for MNVT and BDVL.

Drawdown Indicators

	MNVT	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-12.56%	-7.71%	-4.85%
Current Drawdown Current decline from peak	-12.18%	-2.08%	-10.10%
Average Drawdown Average peak-to-trough decline	-3.52%	-1.19%	-2.33%

Volatility

Volatility by Period

	MNVT	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	48.76%	9.62%	+39.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.76%	9.62%	+39.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.76%	9.62%	+39.14%

MNVT vs. BDVL - Expense Ratio Comparison

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

Dividends

MNVT vs. BDVL - Dividend Comparison

MNVT has not paid dividends to shareholders, while BDVL's dividend yield for the trailing twelve months is around 2.70%.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	2.70%	2.79%
MNVT Moonvest ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both MNVT and BDVL in my portfolio?

MNVT and BDVL have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MNVT 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, MNVT or BDVL?

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

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

BDVL has the higher dividend yield at 2.70%, compared with 0.00% for MNVT.

What is the main difference between MNVT and BDVL?

They also come from different issuers: Moonvest and iShares. Their fees differ too: 0.75% for MNVT and 0.40% for BDVL.