WCMG vs. BDVL

Last updated Jul 1, 2026

WCMG (First Trust WCM Global Equity ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. WCMG is actively managed, while BDVL is passively managed. A 0.65 correlation means they provide meaningful diversification when combined. WCMG charges 0.85%/yr vs 0.40%/yr for BDVL.

Performance

WCMG vs. BDVL - Performance Comparison

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

Returns By Period

WCMG

• 1D: 0.97%
• 1M: 2.51%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVL

• 1D: 0.46%
• 1M: 0.40%
• YTD: 5.64%
• 6M: 5.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WCMG vs. BDVL - Yearly Performance Comparison

	2026 (YTD)
WCMG First Trust WCM Global Equity ETF	9.07%
BDVL iShares Disciplined Volatility Equity Active ETF	2.04%

Correlation

The correlation between WCMG and BDVL is 0.65, 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 Apr 22, 2026	0.65

Return for Risk

WCMG vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust WCM Global Equity ETF (WCMG) 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.

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

Drawdowns

WCMG vs. BDVL - Drawdown Comparison

The maximum WCMG drawdown since its inception was -5.01%, smaller than the maximum BDVL drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for WCMG and BDVL.

Drawdown Indicators

	WCMG	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-5.01%	-7.71%	+2.70%
Current Drawdown Current decline from peak	-0.28%	-0.56%	+0.28%
Average Drawdown Average peak-to-trough decline	-1.26%	-1.18%	-0.08%

Volatility

Volatility by Period

	WCMG	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.32%	9.62%	+9.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.32%	9.62%	+9.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.32%	9.62%	+9.70%

WCMG vs. BDVL - Expense Ratio Comparison

WCMG has a 0.85% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

WCMG vs. BDVL - Dividend Comparison

WCMG has not paid dividends to shareholders, while BDVL's dividend yield for the trailing twelve months is around 3.52%.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	3.52%	2.79%
WCMG First Trust WCM Global Equity ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCMG and BDVL in my portfolio?

WCMG and BDVL have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WCMG 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, WCMG or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.85% for WCMG.

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

BDVL has the higher dividend yield at 3.52%, compared with 0.00% for WCMG.

What is the main difference between WCMG and BDVL?

They also come from different issuers: First Trust and iShares. Their fees differ too: 0.85% for WCMG and 0.40% for BDVL.