WBIL vs. BDVL

Last updated Jun 26, 2026

WBIL (WBI BullBear Quality 3000 ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. WBIL is actively managed, while BDVL is passively managed. A 0.71 correlation means they provide meaningful diversification when combined. WBIL charges 1.23%/yr vs 0.40%/yr for BDVL.

Performance

WBIL vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WBI BullBear Quality 3000 ETF (WBIL) 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, WBIL achieves a 12.59% return, which is significantly higher than BDVL's 4.74% return.

WBIL

• 1D: 0.02%
• 1M: 0.88%
• YTD: 12.59%
• 6M: 10.68%
• 1Y: 23.27%
• 3Y*: 11.37%
• 5Y*: 5.75%
• 10Y*: 6.93%

BDVL

• 1D: 0.14%
• 1M: -0.92%
• YTD: 4.74%
• 6M: 4.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WBIL vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
WBIL WBI BullBear Quality 3000 ETF	12.59%	2.96%
BDVL iShares Disciplined Volatility Equity Active ETF	4.74%	2.20%

Correlation

The correlation between WBIL and BDVL is 0.71, 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	0.71

WBIL vs. BDVL - Sectors Allocation Comparison

Sectors	WBIL	BDVL
Technology	45.8%	27.8%
Industrials	12.2%	14.2%
Consumer Cyclical	8.7%	6.9%
Financial Services	8.7%	14.3%
Communication Services	7.3%	10.0%
Healthcare	5.8%	8.3%
Consumer Defensive	5.2%	5.3%
Real Estate	2.8%	0.9%
Basic Materials	2.7%	1.9%
Energy	2.5%	1.6%
Utilities	1.3%	4.5%

Return for Risk

WBIL vs. BDVL — Risk / Return Rank

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

WBIL

WBIL Risk / Return Rank: 52
WBIL Sharpe Ratio Rank: 49
WBIL Sortino Ratio Rank: 48
WBIL Omega Ratio Rank: 47
WBIL Calmar Ratio Rank: 54
WBIL Martin Ratio Rank: 62

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.

WBIL vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WBI BullBear Quality 3000 ETF (WBIL) 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.

	WBIL	BDVL	Difference
Sharpe ratio: Return per unit of total volatility	1.52	—	—
Sortino ratio: Return per unit of downside risk	2.15	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.37	—	—
Martin ratio: Return relative to average drawdown	9.81	—	—

Drawdowns

WBIL vs. BDVL - Drawdown Comparison

The maximum WBIL drawdown since its inception was -25.30%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for WBIL and BDVL.

Drawdown Indicators

	WBIL	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-25.30%	-7.71%	-17.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.30%	—	—
Current Drawdown Current decline from peak	-4.06%	-1.40%	-2.66%
Average Drawdown Average peak-to-trough decline	-6.96%	-1.18%	-5.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	—	—

Volatility

Volatility by Period

	WBIL	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.36%	9.67%	+5.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.89%	9.67%	+4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.78%	9.67%	+3.11%

WBIL vs. BDVL - Expense Ratio Comparison

WBIL has a 1.23% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

WBIL vs. BDVL - Dividend Comparison

WBIL's dividend yield for the trailing twelve months is around 0.04%, less than BDVL's 3.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDVL iShares Disciplined Volatility Equity Active ETF	3.55%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WBIL WBI BullBear Quality 3000 ETF	0.04%	0.05%	0.07%	0.29%	1.03%	2.02%	0.19%	0.73%	0.75%	0.83%	0.58%	0.20%

Frequently Asked Questions

Can I hold both WBIL and BDVL in my portfolio?

WBIL and BDVL have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WBIL 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, WBIL or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 1.23% for WBIL.

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

BDVL has the higher dividend yield at 3.55%, compared with 0.04% for WBIL.

What is the main difference between WBIL and BDVL?

They also come from different issuers: WBI and iShares. Their fees differ too: 1.23% for WBIL and 0.40% for BDVL.