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UFO vs. BDVL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

UFO vs. BDVL

Last updated Jun 4, 2026

UFO (Procure Space ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - UFO tracks the S-Network Space Index while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. A 0.51 correlation means they provide meaningful diversification when combined. UFO charges 0.75%/yr vs 0.40%/yr for BDVL.

Performance

UFO vs. BDVL - Performance Comparison

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

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Returns By Period

In the year-to-date period, UFO achieves a 49.39% return, which is significantly higher than BDVL's 4.71% return.

UFO

1D
-5.68%
1M
12.53%
YTD
49.39%
6M
71.06%
1Y
135.88%
3Y*
46.01%
5Y*
15.60%
10Y*
—

BDVL

1D
-0.44%
1M
0.91%
YTD
4.71%
6M
5.43%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

UFO vs. BDVL - Yearly Performance Comparison

2026 (YTD)2025
UFO
Procure Space ETF		49.39%10.94%
BDVL
iShares Disciplined Volatility Equity Active ETF		4.71%1.97%

Correlation

The correlation between UFO and BDVL is 0.51, 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

0.51

UFO vs. BDVL - Sectors Allocation Comparison

Sectors
UFO
BDVL

Industrials

47.2%
15.4%

Communication Services

30.8%
10.7%

Technology

22.0%
23.0%

Basic Materials

-

2.6%

Consumer Cyclical

-

8.5%

Consumer Defensive

-

6.3%

Energy

-

2.8%

Financial Services

-

13.9%

Healthcare

-

11.1%

Real Estate

-

1.0%

Utilities

-

4.8%

Industrials

UFO
47.2%
BDVL
15.4%

Communication Services

UFO
30.8%
BDVL
10.7%

Technology

UFO
22.0%
BDVL
23.0%

Basic Materials

UFO

-

BDVL
2.6%

Consumer Cyclical

UFO

-

BDVL
8.5%

Consumer Defensive

UFO

-

BDVL
6.3%

Energy

UFO

-

BDVL
2.8%

Financial Services

UFO

-

BDVL
13.9%

Healthcare

UFO

-

BDVL
11.1%

Real Estate

UFO

-

BDVL
1.0%

Utilities

UFO

-

BDVL
4.8%

Compare stocks, funds, or ETFs

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Procure Space ETF

iShares Disciplined Volatility Equity Active ETF

Often compared with UFO:
UFO vs. ARKXUFO vs. ROKTUFO vs. XARUFO vs. JEDIUFO vs. RKLBUFO vs. RCKTUFO vs. ITA
Often compared with BDVL:
BDVL vs. CGGEBDVL vs. VTBDVL vs. DFAWBDVL vs. IVESBDVL vs. AVGVBDVL vs. PAWZBDVL vs. CAPE

Return for Risk

UFO vs. BDVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UFO
UFO Risk / Return Rank: 8888
Overall Rank
UFO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
UFO Sortino Ratio Rank: 8686
Sortino Ratio Rank
UFO Omega Ratio Rank: 7878
Omega Ratio Rank
UFO Calmar Ratio Rank: 9292
Calmar Ratio Rank
UFO Martin Ratio Rank: 8989
Martin Ratio Rank
BDVL
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.

UFO vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Space ETF (UFO) 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.

UFOBDVLDifference
Sharpe ratioReturn per unit of total volatility
3.59

—

—

Sortino ratioReturn per unit of downside risk
3.95

—

—

Omega ratioGain probability vs. loss probability

1.48

—

—

Calmar ratioReturn relative to maximum drawdown

6.23

—

—

Martin ratioReturn relative to average drawdown

20.29

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UFO vs. BDVL - Sharpe Ratio Comparison

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Sharpe Ratios by Period

UFOBDVLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.59

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

1.01

-0.56

Drawdowns

UFO vs. BDVL - Drawdown Comparison

The maximum UFO drawdown since its inception was -50.33%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for UFO and BDVL.

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Drawdown Indicators

UFOBDVLDifference

Max Drawdown

Largest peak-to-trough decline

-50.33%

-7.71%

-42.62%

Max Drawdown (1Y)

Largest decline over 1 year

-21.95%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-25.91%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-50.33%

—

—

Current Drawdown

Current decline from peak

-14.84%

-0.95%

-13.89%

Average Drawdown

Average peak-to-trough decline

-21.82%

-1.19%

-20.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.72%

—

—

Volatility

UFO vs. BDVL - Volatility Comparison

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Volatility by Period

UFOBDVLDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.64%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

31.27%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

38.08%

9.49%

+28.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.92%

9.49%

+20.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.76%

9.49%

+21.27%

UFO vs. BDVL - Expense Ratio Comparison

UFO has a 0.75% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

UFO vs. BDVL - Dividend Comparison

UFO's dividend yield for the trailing twelve months is around 0.29%, less than BDVL's 2.66% yield.

PositionTTM2025202420232022202120202019
BDVL
iShares Disciplined Volatility Equity Active ETF		2.66%2.79%0.00%0.00%0.00%0.00%0.00%0.00%
UFO
Procure Space ETF		0.29%0.46%1.98%1.90%3.19%1.00%1.07%0.45%

Frequently Asked Questions

UFO and BDVL have a correlation of 0.51, 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 0.75% for UFO.

BDVL has the higher dividend yield at 2.66%, compared with 0.29% for UFO.

UFO tracks S-Network Space Index, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: ProcureAM and iShares. Their fees differ too: 0.75% for UFO and 0.40% for BDVL.

Portfolio Optimizer

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