TGLB vs. BDVL

Last updated Jul 21, 2026

TGLB (T. Rowe Price Global Equity ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. A 0.78 correlation means they provide meaningful diversification when combined. TGLB charges 0.46%/yr vs 0.40%/yr for BDVL.

Performance

TGLB vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Equity ETF (TGLB) 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, TGLB achieves a 10.62% return, which is significantly higher than BDVL's 4.99% return.

TGLB

• 1D: -0.76%
• 1M: -0.46%
• 6M: 8.63%
• YTD: 10.62%
• 1Y: 12.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.06%

BDVL

• 1D: -0.15%
• 1M: -0.62%
• 6M: 4.30%
• YTD: 4.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

TGLB vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
TGLB T. Rowe Price Global Equity ETF	10.62%	0.52%
BDVL iShares Disciplined Volatility Equity Active ETF	4.99%	2.20%

Correlation

The correlation between TGLB and BDVL is 0.78, 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 15, 2025	0.78

TGLB vs. BDVL - Sectors Allocation Comparison

Sectors	TGLB	BDVL
Technology	34.3%	27.0%
Financial Services	18.1%	15.5%
Communication Services	11.5%	9.1%
Industrials	8.6%	12.9%
Consumer Cyclical	7.8%	5.9%
Healthcare	7.2%	11.0%
Basic Materials	4.8%	1.1%
Energy	4.0%	2.2%
Utilities	2.4%	4.9%
Consumer Defensive	1.2%	5.4%
Real Estate	-	0.5%

Return for Risk

TGLB vs. BDVL — Risk / Return Rank

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

TGLB

TGLB Risk / Return Rank: 34
TGLB Sharpe Ratio Rank: 33
TGLB Sortino Ratio Rank: 32
TGLB Omega Ratio Rank: 31
TGLB Calmar Ratio Rank: 34
TGLB Martin Ratio Rank: 40

BDVL

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

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.

TGLB vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Equity ETF (TGLB) 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.

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.

	TGLB	BDVL	Difference
Sharpe ratio: Return per unit of total volatility	0.88	—	—
Sortino ratio: Return per unit of downside risk	1.30	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.30	—	—
Martin ratio: Return relative to average drawdown	4.58	—	—

Drawdowns

TGLB vs. BDVL - Drawdown Comparison

The maximum TGLB drawdown since its inception was -9.78%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for TGLB and BDVL.

Drawdown Indicators

	TGLB	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-9.78%	-7.71%	-2.07%
Max Drawdown (1Y) Largest decline over 1 year	-9.78%	—	—
Current Drawdown Current decline from peak	-2.30%	-1.53%	-0.77%
Average Drawdown Average peak-to-trough decline	-1.79%	-1.15%	-0.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	—	—

Volatility

Volatility by Period

	TGLB	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.42%	9.46%	+4.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.14%	9.46%	+4.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.14%	9.46%	+4.68%

TGLB vs. BDVL - Expense Ratio Comparison

TGLB has a 0.46% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

TGLB vs. BDVL - Dividend Comparison

TGLB's dividend yield for the trailing twelve months is around 0.18%, less than BDVL's 3.55% yield.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	3.55%	2.79%
TGLB T. Rowe Price Global Equity ETF	0.18%	0.20%

Frequently Asked Questions

Can I hold both TGLB and BDVL in my portfolio?

TGLB and BDVL have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TGLB 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, TGLB or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.46% for TGLB.

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

BDVL has the higher dividend yield at 3.55%, compared with 0.18% for TGLB.

What is the main difference between TGLB and BDVL?

They also come from different issuers: T. Rowe Price and iShares. Their fees differ too: 0.46% for TGLB and 0.40% for BDVL.