THMZ vs. BDVL
THMZ (Lazard Equity Megatrends ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. THMZ is actively managed, while BDVL is passively managed. Their correlation of 0.82 suggests significant overlap in exposure. THMZ charges 0.50%/yr vs 0.40%/yr for BDVL.
Performance
THMZ vs. BDVL - Performance Comparison
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Returns By Period
In the year-to-date period, THMZ achieves a 3.26% return, which is significantly lower than BDVL's 4.71% return.
THMZ
- 1D
- -0.68%
- 1M
- 4.63%
- YTD
- 3.26%
- 6M
- 3.17%
- 1Y
- 15.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BDVL
- 1D
- -0.44%
- 1M
- 0.91%
- YTD
- 4.71%
- 6M
- 5.43%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
THMZ vs. BDVL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
THMZ Lazard Equity Megatrends ETF | 3.26% | 4.31% |
BDVL iShares Disciplined Volatility Equity Active ETF | 4.71% | 1.97% |
Correlation
The correlation between THMZ and BDVL is 0.82, 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 Sep 16, 2025 | 0.82 |
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Return for Risk
THMZ vs. BDVL — Risk / Return Rank
THMZ
BDVL
THMZ vs. BDVL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Equity Megatrends ETF (THMZ) 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.
| THMZ | BDVL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | — | — |
| Martin ratioReturn relative to average drawdown | 3.41 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| THMZ | BDVL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.64 | 1.01 | +0.63 |
Drawdowns
THMZ vs. BDVL - Drawdown Comparison
The maximum THMZ drawdown since its inception was -15.99%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for THMZ and BDVL.
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Drawdown Indicators
| THMZ | BDVL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.99% | -7.71% | -8.28% |
Max Drawdown (1Y)Largest decline over 1 year | -15.99% | — | — |
Current DrawdownCurrent decline from peak | -0.68% | -0.95% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -2.60% | -1.19% | -1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | — | — |
Volatility
THMZ vs. BDVL - Volatility Comparison
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Volatility by Period
| THMZ | BDVL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.23% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.53% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.58% | 9.49% | +6.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.72% | 9.49% | +9.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.72% | 9.49% | +9.23% |
THMZ vs. BDVL - Expense Ratio Comparison
THMZ has a 0.50% expense ratio, which is higher than BDVL's 0.40% expense ratio.
Dividends
THMZ vs. BDVL - Dividend Comparison
THMZ's dividend yield for the trailing twelve months is around 0.41%, less than BDVL's 2.66% yield.
| Position | TTM | 2025 |
|---|---|---|
BDVL iShares Disciplined Volatility Equity Active ETF | 2.66% | 2.79% |
THMZ Lazard Equity Megatrends ETF | 0.41% | 0.30% |
Frequently Asked Questions
THMZ and BDVL have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
BDVL is cheaper with a 0.40% expense ratio, compared with 0.50% for THMZ.
BDVL has the higher dividend yield at 2.66%, compared with 0.41% for THMZ.
They also come from different issuers: Lazard and iShares. Their fees differ too: 0.50% for THMZ and 0.40% for BDVL.
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