OAKG vs. BDVL

Last updated Jun 7, 2026

OAKG (Oakmark Global Large Cap ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. OAKG is actively managed, while BDVL is passively managed. A 0.77 correlation means they provide meaningful diversification when combined. OAKG charges 0.62%/yr vs 0.40%/yr for BDVL.

Performance

OAKG vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakmark Global Large Cap ETF (OAKG) 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, OAKG achieves a -2.33% return, which is significantly lower than BDVL's 3.52% return.

OAKG

• 1D: -1.16%
• 1M: -0.56%
• YTD: -2.33%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVL

• 1D: -1.52%
• 1M: -1.29%
• YTD: 3.52%
• 6M: 3.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OAKG vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
OAKG Oakmark Global Large Cap ETF	-2.33%	-0.00%
BDVL iShares Disciplined Volatility Equity Active ETF	3.52%	0.03%

Correlation

The correlation between OAKG and BDVL is 0.77, 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 Dec 12, 2025	0.77

Return for Risk

OAKG vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Large Cap ETF (OAKG) 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

	OAKG	BDVL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.32	0.81	-1.13

Drawdowns

OAKG vs. BDVL - Drawdown Comparison

The maximum OAKG drawdown since its inception was -11.52%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for OAKG and BDVL.

Drawdown Indicators

	OAKG	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-11.52%	-7.71%	-3.81%
Current Drawdown Current decline from peak	-5.94%	-2.08%	-3.86%
Average Drawdown Average peak-to-trough decline	-4.17%	-1.19%	-2.98%

Volatility

Volatility by Period

	OAKG	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.02%	9.62%	+5.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.02%	9.62%	+5.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.02%	9.62%	+5.40%

OAKG vs. BDVL - Expense Ratio Comparison

OAKG has a 0.62% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

OAKG vs. BDVL - Dividend Comparison

OAKG's dividend yield for the trailing twelve months is around 0.04%, less than BDVL's 2.70% yield.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	2.70%	2.79%
OAKG Oakmark Global Large Cap ETF	0.04%	0.04%

Frequently Asked Questions

Can I hold both OAKG and BDVL in my portfolio?

OAKG and BDVL have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OAKG 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, OAKG or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.62% for OAKG.

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

BDVL has the higher dividend yield at 2.70%, compared with 0.04% for OAKG.

What is the main difference between OAKG and BDVL?

They also come from different issuers: Oakmark and iShares. Their fees differ too: 0.62% for OAKG and 0.40% for BDVL.