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NERD vs. BDVL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NERD vs. BDVL

Last updated Jun 26, 2026

NERD (Roundhill Video Games ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both exchange-traded funds - NERD is a Gaming fund actively managed by Roundhill Investments, while BDVL is a Global Equities fund tracking the MSCI ACWI Minimum Volatility Index. NERD is actively managed, while BDVL is passively managed. A 0.57 correlation means they provide meaningful diversification when combined. NERD charges 0.50%/yr vs 0.40%/yr for BDVL.

Performance

NERD vs. BDVL - Performance Comparison

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

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Returns By Period

In the year-to-date period, NERD achieves a -21.02% return, which is significantly lower than BDVL's 4.74% return.

NERD

1D
-1.16%
1M
-5.78%
YTD
-21.02%
6M
-21.00%
1Y
-27.05%
3Y*
8.71%
5Y*
-8.66%
10Y*
—

BDVL

1D
0.14%
1M
-0.92%
YTD
4.74%
6M
4.12%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

NERD vs. BDVL - Yearly Performance Comparison

2026 (YTD)2025
NERD
Roundhill Video Games ETF		-21.02%-14.36%
BDVL
iShares Disciplined Volatility Equity Active ETF		4.74%2.20%

Correlation

The correlation between NERD and BDVL is 0.57, 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 15, 2025

0.57

NERD vs. BDVL - Sectors Allocation Comparison

Sectors
NERD
BDVL

Communication Services

90.2%
10.0%

Technology

4.6%
27.8%

Consumer Cyclical

4.0%
6.9%

Industrials

1.3%
14.2%

Financial Services

0.0%
14.3%

Basic Materials

-

1.9%

Consumer Defensive

-

5.3%

Energy

-

1.6%

Healthcare

-

8.3%

Real Estate

-

0.9%

Utilities

-

4.5%

Communication Services

NERD
90.2%
BDVL
10.0%

Technology

NERD
4.6%
BDVL
27.8%

Consumer Cyclical

NERD
4.0%
BDVL
6.9%

Industrials

NERD
1.3%
BDVL
14.2%

Financial Services

NERD
0.0%
BDVL
14.3%

Basic Materials

NERD

-

BDVL
1.9%

Consumer Defensive

NERD

-

BDVL
5.3%

Energy

NERD

-

BDVL
1.6%

Healthcare

NERD

-

BDVL
8.3%

Real Estate

NERD

-

BDVL
0.9%

Utilities

NERD

-

BDVL
4.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Roundhill Video Games ETF

iShares Disciplined Volatility Equity Active ETF

Often compared with NERD:
NERD vs. ESPONERD vs. HERONERD vs. METANERD vs. MAGSNERD vs. SBSNERD vs. VOONERD vs. QQQM
Often compared with BDVL:
BDVL vs. CGGEBDVL vs. UFOBDVL vs. VTBDVL vs. DFAWBDVL vs. IVESBDVL vs. CAPEBDVL vs. AVGV

Return for Risk

NERD vs. BDVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NERD
NERD Risk / Return Rank: 11
Overall Rank
NERD Sharpe Ratio Rank: 00
Sharpe Ratio Rank
NERD Sortino Ratio Rank: 11
Sortino Ratio Rank
NERD Omega Ratio Rank: 11
Omega Ratio Rank
NERD Calmar Ratio Rank: 22
Calmar Ratio Rank
NERD Martin Ratio Rank: 11
Martin Ratio Rank
BDVL

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NERD vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Video Games ETF (NERD) 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.

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.

NERDBDVLDifference
Sharpe ratioReturn per unit of total volatility
-1.40

—

—

Sortino ratioReturn per unit of downside risk
-1.99

—

—

Omega ratioGain probability vs. loss probability

0.78

—

—

Calmar ratioReturn relative to maximum drawdown

-0.82

—

—

Martin ratioReturn relative to average drawdown

-1.48

—

—

NERD vs. BDVL - Sharpe Ratio Comparison

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Drawdowns

NERD vs. BDVL - Drawdown Comparison

The maximum NERD drawdown since its inception was -65.58%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for NERD and BDVL.

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Drawdown Indicators

NERDBDVLDifference

Max Drawdown

Largest peak-to-trough decline

-65.58%

-7.71%

-57.87%

Max Drawdown (1Y)

Largest decline over 1 year

-33.23%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-33.23%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-58.08%

—

—

Current Drawdown

Current decline from peak

-48.78%

-1.40%

-47.38%

Average Drawdown

Average peak-to-trough decline

-35.97%

-1.18%

-34.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.36%

—

—

Volatility

NERD vs. BDVL - Volatility Comparison

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Volatility by Period

NERDBDVLDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.44%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

15.07%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

19.43%

9.67%

+9.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.52%

9.67%

+14.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.46%

9.67%

+15.79%

NERD vs. BDVL - Expense Ratio Comparison

NERD has a 0.50% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

NERD vs. BDVL - Dividend Comparison

NERD's dividend yield for the trailing twelve months is around 0.80%, less than BDVL's 3.55% yield.

PositionTTM2025202420232022202120202019
BDVL
iShares Disciplined Volatility Equity Active ETF		3.55%2.79%0.00%0.00%0.00%0.00%0.00%0.00%
NERD
Roundhill Video Games ETF		0.80%0.63%1.74%1.07%0.69%0.02%1.05%0.31%

Frequently Asked Questions

NERD and BDVL have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

BDVL is cheaper with a 0.40% expense ratio, compared with 0.50% for NERD.

BDVL has the higher dividend yield at 3.55%, compared with 0.80% for NERD.

NERD is categorized as Gaming, while BDVL is Global Equities. They also come from different issuers: Roundhill Investments and iShares. Their fees differ too: 0.50% for NERD and 0.40% for BDVL.

Portfolio Optimizer

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