SAGP vs. BDVL

Last updated Jun 3, 2026

SAGP (Strategas Global Policy Opportunities ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. SAGP is actively managed, while BDVL is passively managed. A 0.77 correlation means they provide meaningful diversification when combined. SAGP charges 0.65%/yr vs 0.40%/yr for BDVL.

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.

Returns By Period

In the year-to-date period, SAGP achieves a 3.74% return, which is significantly lower than BDVL's 5.17% return.

SAGP

• 1D: -0.24%
• 1M: 0.11%
• YTD: 3.74%
• 6M: 6.16%
• 1Y: 15.69%
• 3Y*: 15.15%
• 5Y*: —
• 10Y*: —

BDVL

• 1D: 0.24%
• 1M: 1.11%
• YTD: 5.17%
• 6M: 6.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SAGP vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
SAGP Strategas Global Policy Opportunities ETF	3.74%	2.53%
BDVL iShares Disciplined Volatility Equity Active ETF	5.17%	1.97%

Correlation

The correlation between SAGP 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 Sep 16, 2025	0.77

SAGP vs. BDVL - Sectors Allocation Comparison

Sectors	SAGP	BDVL
Healthcare	17.8%	11.1%
Industrials	16.8%	15.4%
Technology	15.2%	23.0%
Consumer Cyclical	7.1%	8.5%
Consumer Defensive	6.2%	6.3%
Financial Services	5.8%	13.9%
Communication Services	5.3%	10.7%
Basic Materials	2.6%	2.6%
Energy	2.1%	2.8%
Real Estate	0.3%	1.0%
Utilities	-	4.8%

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: 33
SAGP Sharpe Ratio Rank: 33
SAGP Sortino Ratio Rank: 33
SAGP Omega Ratio Rank: 31
SAGP Calmar Ratio Rank: 35
SAGP Martin Ratio Rank: 33

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	1.22	—	—
Sortino ratio Return per unit of downside risk	1.78	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.76	—	—
Martin ratio Return relative to average drawdown	5.10	—	—
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	1.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	1.09	-0.44

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	-8.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.52%	—	—
Current Drawdown Current decline from peak	-4.59%	-0.51%	-4.08%
Average Drawdown Average peak-to-trough decline	-5.03%	-1.19%	-3.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	—	—

Volatility

Volatility by Period

	SAGP	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.96%	9.50%	+3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.53%	9.50%	+6.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.53%	9.50%	+6.03%

SAGP vs. BDVL - Expense Ratio Comparison

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

Dividends

SAGP vs. BDVL - Dividend Comparison

SAGP's dividend yield for the trailing twelve months is around 3.33%, more than BDVL's 2.65% yield.

Position	TTM	2025	2024	2023	2022
BDVL iShares Disciplined Volatility Equity Active ETF	2.65%	2.79%	0.00%	0.00%	0.00%
SAGP Strategas Global Policy Opportunities ETF	3.33%	3.45%	2.23%	0.94%	0.51%

Frequently Asked Questions

Can I hold both SAGP and BDVL in my portfolio?

SAGP 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, SAGP 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, SAGP or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.65% for SAGP.

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

SAGP has the higher dividend yield at 3.33%, compared with 2.65% for BDVL.

What is the main difference between SAGP and BDVL?

They also come from different issuers: Strategas and iShares. Their fees differ too: 0.65% for SAGP and 0.40% for BDVL.