SAGP vs. BDVL

Last updated Apr 1, 2026

Compare and contrast key facts about Strategas Global Policy Opportunities ETF (SAGP) and iShares Disciplined Volatility Equity Active ETF (BDVL).

SAGP and BDVL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SAGP is an actively managed fund by Strategas. It was launched on Jan 25, 2022. BDVL is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Minimum Volatility Index. It was launched on Sep 12, 2025.

Performance

SAGP vs. BDVL - Performance Comparison

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

SAGP vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
SAGP Strategas Global Policy Opportunities ETF	1.27%	2.53%
BDVL iShares Disciplined Volatility Equity Active ETF	-0.63%	1.97%

Returns By Period

In the year-to-date period, SAGP achieves a 1.27% return, which is significantly higher than BDVL's -0.63% return.

SAGP

• 1D: 2.25%
• 1M: -6.83%
• YTD: 1.27%
• 6M: 3.08%
• 1Y: 17.66%
• 3Y*: 14.45%
• 5Y*: —
• 10Y*: —

BDVL

• 1D: 2.08%
• 1M: -5.45%
• YTD: -0.63%
• 6M: 1.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SAGP vs. BDVL - Expense Ratio Comparison

SAGP has a 0.65% expense ratio, which is higher than BDVL's 0.40% expense ratio.

SAGP

Strategas Global Policy Opportunities ETF

BDVL

iShares Disciplined Volatility Equity Active ETF

Return for Risk

SAGP vs. BDVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SAGP

SAGP Risk / Return Rank: 62
SAGP Sharpe Ratio Rank: 62
SAGP Sortino Ratio Rank: 63
SAGP Omega Ratio Rank: 57
SAGP Calmar Ratio Rank: 67
SAGP Martin Ratio Rank: 63

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.

SAGP vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategas Global Policy Opportunities ETF (SAGP) 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.

	SAGP	BDVL	Difference
Sharpe ratio Return per unit of total volatility	1.11	—	—
Sortino ratio Return per unit of downside risk	1.63	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.74	—	—
Martin ratio Return relative to average drawdown	6.49	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SAGP	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.27	+0.37

Correlation

The correlation between SAGP and BDVL is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SAGP vs. BDVL - Dividend Comparison

SAGP's dividend yield for the trailing twelve months is around 3.41%, more than BDVL's 2.81% yield.

	TTM	2025	2024	2023	2022
SAGP Strategas Global Policy Opportunities ETF	3.41%	3.45%	2.23%	0.94%	0.51%
BDVL iShares Disciplined Volatility Equity Active ETF	2.81%	2.79%	0.00%	0.00%	0.00%

Drawdowns

SAGP vs. BDVL - Drawdown Comparison

The maximum SAGP drawdown since its inception was -22.90%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for SAGP and BDVL.

Drawdown Indicators

	SAGP	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-22.90%	-7.71%	-15.19%
Max Drawdown (1Y) Largest decline over 1 year	-10.13%	—	—
Current Drawdown Current decline from peak	-6.86%	-5.45%	-1.41%
Average Drawdown Average peak-to-trough decline	-5.05%	-1.17%	-3.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	—	—

Volatility

Volatility by Period

	SAGP	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	9.29%	+6.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.62%	9.29%	+6.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.62%	9.29%	+6.33%