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PID vs. BDVL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PID vs. BDVL

Last updated Jun 4, 2026

PID (Invesco International Dividend Achievers™ ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - PID tracks the Nasdaq International Dividend Achievers (NR) while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. A 0.70 correlation means they provide meaningful diversification when combined. PID charges 0.56%/yr vs 0.40%/yr for BDVL.

Performance

PID vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco International Dividend Achievers™ ETF (PID) 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, PID achieves a 5.45% return, which is significantly higher than BDVL's 4.71% return.

PID

1D
-1.07%
1M
1.28%
YTD
5.45%
6M
6.61%
1Y
16.04%
3Y*
12.52%
5Y*
8.28%
10Y*
8.80%

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)

PID vs. BDVL - Yearly Performance Comparison

2026 (YTD)2025
PID
Invesco International Dividend Achievers™ ETF		5.45%3.95%
BDVL
iShares Disciplined Volatility Equity Active ETF		4.71%1.97%

Correlation

The correlation between PID and BDVL is 0.70, 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

0.70

PID vs. BDVL - Sectors Allocation Comparison

Sectors
PID
BDVL

Financial Services

17.5%
13.9%

Utilities

14.2%
4.8%

Communication Services

13.8%
10.7%

Energy

13.3%
2.8%

Technology

8.7%
23.0%

Healthcare

8.4%
11.1%

Industrials

7.9%
15.4%

Consumer Cyclical

6.4%
8.5%

Consumer Defensive

6.0%
6.3%

Basic Materials

3.4%
2.6%

Real Estate

0.4%
1.0%

Financial Services

PID
17.5%
BDVL
13.9%

Utilities

PID
14.2%
BDVL
4.8%

Communication Services

PID
13.8%
BDVL
10.7%

Energy

PID
13.3%
BDVL
2.8%

Technology

PID
8.7%
BDVL
23.0%

Healthcare

PID
8.4%
BDVL
11.1%

Industrials

PID
7.9%
BDVL
15.4%

Consumer Cyclical

PID
6.4%
BDVL
8.5%

Consumer Defensive

PID
6.0%
BDVL
6.3%

Basic Materials

PID
3.4%
BDVL
2.6%

Real Estate

PID
0.4%
BDVL
1.0%

Compare stocks, funds, or ETFs

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

Invesco International Dividend Achievers™ ETF

iShares Disciplined Volatility Equity Active ETF

Often compared with PID:
PID vs. IDVPID vs. LVHIPID vs. DTHPID vs. DWXPID vs. PSQPID vs. VYMIPID vs. DIM
Often compared with BDVL:
BDVL vs. CGGEBDVL vs. VTBDVL vs. DFAWBDVL vs. UFOBDVL vs. AVGVBDVL vs. IVESBDVL vs. PAWZ

Return for Risk

PID vs. BDVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PID
PID Risk / Return Rank: 4646
Overall Rank
PID Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
PID Sortino Ratio Rank: 5050
Sortino Ratio Rank
PID Omega Ratio Rank: 4747
Omega Ratio Rank
PID Calmar Ratio Rank: 4343
Calmar Ratio Rank
PID Martin Ratio Rank: 4444
Martin Ratio Rank
BDVL
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.

PID vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco International Dividend Achievers™ ETF (PID) 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.

PIDBDVLDifference
Sharpe ratioReturn per unit of total volatility
1.66

—

—

Sortino ratioReturn per unit of downside risk
2.46

—

—

Omega ratioGain probability vs. loss probability

1.30

—

—

Calmar ratioReturn relative to maximum drawdown

2.16

—

—

Martin ratioReturn relative to average drawdown

7.36

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PID vs. BDVL - Sharpe Ratio Comparison

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Sharpe Ratios by Period

PIDBDVLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.66

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.60

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.49

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

1.01

-0.75

Drawdowns

PID vs. BDVL - Drawdown Comparison

The maximum PID drawdown since its inception was -66.34%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for PID and BDVL.

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Drawdown Indicators

PIDBDVLDifference

Max Drawdown

Largest peak-to-trough decline

-66.34%

-7.71%

-58.63%

Max Drawdown (1Y)

Largest decline over 1 year

-7.47%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-13.34%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-22.97%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-46.07%

—

—

Current Drawdown

Current decline from peak

-2.19%

-0.95%

-1.24%

Average Drawdown

Average peak-to-trough decline

-13.04%

-1.19%

-11.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.18%

—

—

Volatility

PID vs. BDVL - Volatility Comparison

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Volatility by Period

PIDBDVLDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.75%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

7.62%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

9.70%

9.49%

+0.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.97%

9.49%

+4.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.84%

9.49%

+8.35%

PID vs. BDVL - Expense Ratio Comparison

PID has a 0.56% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

PID vs. BDVL - Dividend Comparison

PID's dividend yield for the trailing twelve months is around 3.27%, more than BDVL's 2.66% yield.

PositionTTM20252024202320222021202020192018201720162015
BDVL
iShares Disciplined Volatility Equity Active ETF		2.66%2.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PID
Invesco International Dividend Achievers™ ETF		3.27%3.28%3.88%3.31%3.30%3.30%3.16%3.99%3.87%3.46%3.90%4.48%

Frequently Asked Questions

PID and BDVL have a correlation of 0.70, 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 0.56% for PID.

PID has the higher dividend yield at 3.27%, compared with 2.66% for BDVL.

PID tracks Nasdaq International Dividend Achievers (NR), while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.56% for PID and 0.40% for BDVL.

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