RW vs. BDVL

Last updated Jun 6, 2026

RW (Rainwater Equity ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. A 0.72 correlation means they provide meaningful diversification when combined. RW charges 1.25%/yr vs 0.40%/yr for BDVL.

Performance

RW vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rainwater Equity ETF (RW) 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, RW achieves a -1.17% return, which is significantly lower than BDVL's 3.52% return.

RW

• 1D: -2.41%
• 1M: -1.97%
• YTD: -1.17%
• 6M: -2.00%
• 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)

RW vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
RW Rainwater Equity ETF	-1.17%	-2.63%
BDVL iShares Disciplined Volatility Equity Active ETF	3.52%	1.97%

Correlation

The correlation between RW and BDVL is 0.72, 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	0.72

RW vs. BDVL - Sectors Allocation Comparison

Sectors	RW	BDVL
Industrials	41.7%	15.4%
Technology	33.4%	23.0%
Financial Services	7.6%	13.9%
Consumer Cyclical	6.7%	8.5%
Communication Services	5.0%	10.7%
Healthcare	2.1%	11.1%
Basic Materials	1.6%	2.6%
Consumer Defensive	1.2%	6.3%
Real Estate	0.3%	1.0%
Utilities	0.3%	4.8%
Energy	0.2%	2.8%

Return for Risk

RW vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rainwater Equity ETF (RW) 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

	RW	BDVL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	0.81	-0.89

Drawdowns

RW vs. BDVL - Drawdown Comparison

The maximum RW drawdown since its inception was -17.04%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for RW and BDVL.

Drawdown Indicators

	RW	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-17.04%	-7.71%	-9.33%
Current Drawdown Current decline from peak	-7.11%	-2.08%	-5.03%
Average Drawdown Average peak-to-trough decline	-5.09%	-1.19%	-3.90%

Volatility

Volatility by Period

	RW	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.80%	9.62%	+6.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.80%	9.62%	+6.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.80%	9.62%	+6.18%

RW vs. BDVL - Expense Ratio Comparison

RW has a 1.25% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

RW vs. BDVL - Dividend Comparison

RW's dividend yield for the trailing twelve months is around 0.10%, less than BDVL's 2.70% yield.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	2.70%	2.79%
RW Rainwater Equity ETF	0.10%	0.10%

Frequently Asked Questions

Can I hold both RW and BDVL in my portfolio?

RW and BDVL have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RW 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, RW or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 1.25% for RW.

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

BDVL has the higher dividend yield at 2.70%, compared with 0.10% for RW.

What is the main difference between RW and BDVL?

They also come from different issuers: Rainwater Equity and iShares. Their fees differ too: 1.25% for RW and 0.40% for BDVL.