SASS vs. BVAL

Last updated Jul 10, 2026

SASS (M.D. Sass Concentrated Value ETF) and BVAL (Bluemonte Large Cap Value ETF) are both exchange-traded funds - SASS is a Actively Managed fund actively managed by M.D. Sass, while BVAL is a Large Cap Value Equities fund managed by Bluemonte. Their correlation of 0.85 suggests significant overlap in exposure. SASS charges 0.75%/yr vs 0.24%/yr for BVAL.

Performance

SASS vs. BVAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in M.D. Sass Concentrated Value ETF (SASS) and Bluemonte Large Cap Value ETF (BVAL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SASS

• 1D: 1.28%
• 1M: 1.08%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BVAL

• 1D: 0.58%
• 1M: 2.32%
• 6M: 11.01%
• YTD: 13.32%
• 1Y: 22.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SASS vs. BVAL - Yearly Performance Comparison

	2026 (YTD)
SASS M.D. Sass Concentrated Value ETF	-1.59%
BVAL Bluemonte Large Cap Value ETF	8.50%

Correlation

The correlation between SASS and BVAL is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 4, 2026	0.85

Return for Risk

SASS vs. BVAL — Risk / Return Rank

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

SASS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BVAL

BVAL Risk / Return Rank: 84
BVAL Sharpe Ratio Rank: 85
BVAL Sortino Ratio Rank: 85
BVAL Omega Ratio Rank: 83
BVAL Calmar Ratio Rank: 80
BVAL Martin Ratio Rank: 85

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.

SASS vs. BVAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for M.D. Sass Concentrated Value ETF (SASS) and Bluemonte Large Cap Value ETF (BVAL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SASS	BVAL	Difference
Sharpe ratio: Return per unit of total volatility	—	2.17	—
Sortino ratio: Return per unit of downside risk	—	3.05	—
Omega ratio: Gain probability vs. loss probability	—	1.39	—
Calmar ratio: Return relative to maximum drawdown	—	3.34	—
Martin ratio: Return relative to average drawdown	—	13.82	—

Drawdowns

SASS vs. BVAL - Drawdown Comparison

The maximum SASS drawdown since its inception was -9.61%, which is greater than BVAL's maximum drawdown of -6.69%. Use the drawdown chart below to compare losses from any high point for SASS and BVAL.

Drawdown Indicators

	SASS	BVAL	Difference
Max Drawdown Largest peak-to-trough decline	-9.61%	-6.69%	-2.92%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.69%	—
Current Drawdown Current decline from peak	-2.63%	-0.38%	-2.25%
Average Drawdown Average peak-to-trough decline	-3.51%	-0.89%	-2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.62%	—

Volatility

Volatility by Period

	SASS	BVAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.53%	10.31%	+7.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.53%	10.25%	+7.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.53%	10.25%	+7.28%

SASS vs. BVAL - Expense Ratio Comparison

SASS has a 0.75% expense ratio, which is higher than BVAL's 0.24% expense ratio.

Dividends

SASS vs. BVAL - Dividend Comparison

SASS has not paid dividends to shareholders, while BVAL's dividend yield for the trailing twelve months is around 1.32%.

Position	TTM	2025
BVAL Bluemonte Large Cap Value ETF	1.32%	0.73%
SASS M.D. Sass Concentrated Value ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both SASS and BVAL in my portfolio?

SASS and BVAL have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SASS or BVAL?

On fees, BVAL is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SASS or BVAL?

BVAL is cheaper with a 0.24% expense ratio, compared with 0.75% for SASS.

Which ETF pays a higher dividend yield, SASS or BVAL?

BVAL has the higher dividend yield at 1.32%, compared with 0.00% for SASS.

What is the main difference between SASS and BVAL?

SASS is categorized as Actively Managed, while BVAL is Large Cap Value Equities. They also come from different issuers: M.D. Sass and Bluemonte. Their fees differ too: 0.75% for SASS and 0.24% for BVAL.