VEGA vs. BDVL
VEGA (AdvisorShares STAR Global Buy-Write ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. VEGA is actively managed, while BDVL is passively managed. Their 0.80 correlation means they have sometimes moved together and sometimes differently. VEGA charges 2.02%/yr vs 0.40%/yr for BDVL.
Performance
VEGA vs. BDVL - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with VEGA having a 8.26% return and BDVL slightly higher at 8.59%.
VEGA
- 1D
- 1.23%
- 1M
- 1.59%
- 6M
- 5.92%
- YTD
- 8.26%
- 1Y
- 15.47%
- 3Y*
- 13.55%
- 5Y*
- 7.00%
- 10Y*
- 7.65%
- ALL TIME*
- 6.24%
BDVL
- 1D
- 1.28%
- 1M
- 2.45%
- 6M
- 6.72%
- YTD
- 8.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.14M | $6.05M | $7.27M | |
| $257.33K | $224.28K | $298.61K |
VEGA vs. BDVL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VEGA AdvisorShares STAR Global Buy-Write ETF | 8.26% | 3.22% |
BDVL iShares Disciplined Volatility Equity Active ETF | 8.59% | 2.20% |
Correlation
The correlation between VEGA and BDVL is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025 | 0.80 |
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Return for Risk
VEGA vs. BDVL — Risk / Return Rank
VEGA
BDVL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VEGA vs. BDVL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares STAR Global Buy-Write ETF (VEGA) 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.
| VEGA | BDVL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.29 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | — | — |
| Martin ratioReturn relative to average drawdown | 9.44 | — | — |
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Drawdowns
VEGA vs. BDVL - Drawdown Comparison
The maximum VEGA drawdown since its inception was -28.37%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for VEGA and BDVL.
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Drawdown Indicators
| VEGA | BDVL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.37% | -7.71% | -20.66% |
Max Drawdown (1Y)Largest decline over 1 year | -6.86% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -11.62% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.78% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.37% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.76% | -1.12% | -2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | — | — |
Volatility
VEGA vs. BDVL - Volatility Comparison
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Volatility by Period
| VEGA | BDVL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.15% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.94% | 9.50% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.31% | 9.50% | +2.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.74% | 9.50% | +3.24% |
VEGA vs. BDVL - Expense Ratio Comparison
VEGA has a 2.02% expense ratio, which is higher than BDVL's 0.40% expense ratio.
Dividends
VEGA vs. BDVL - Dividend Comparison
VEGA's dividend yield for the trailing twelve months is around 1.24%, less than BDVL's 3.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BDVL iShares Disciplined Volatility Equity Active ETF | 3.43% | 2.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEGA AdvisorShares STAR Global Buy-Write ETF | 1.24% | 1.34% | 1.05% | 1.12% | 1.89% | 0.55% | 0.28% | 0.44% | 0.45% | 0.00% | 0.81% |
Frequently Asked Questions
VEGA and BDVL have a correlation of 0.80, 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 2.02% for VEGA.
BDVL has the higher dividend yield at 3.43%, compared with 1.24% for VEGA.
They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 2.02% for VEGA and 0.40% for BDVL.
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