WDIV vs. BDVL

Last updated Jun 4, 2026

WDIV (SPDR S&P Global Dividend ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - WDIV tracks the S&P Global Dividend Aristocrats Index sp_43 while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.

Performance

WDIV vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Global Dividend ETF (WDIV) 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, WDIV achieves a 8.20% return, which is significantly higher than BDVL's 4.71% return.

WDIV

• 1D: -1.21%
• 1M: 1.41%
• YTD: 8.20%
• 6M: 10.40%
• 1Y: 21.84%
• 3Y*: 16.97%
• 5Y*: 7.57%
• 10Y*: 7.48%

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)

WDIV vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
WDIV SPDR S&P Global Dividend ETF	8.20%	4.17%
BDVL iShares Disciplined Volatility Equity Active ETF	4.71%	1.97%

Correlation

The correlation between WDIV and BDVL is 0.73, 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	0.73

WDIV vs. BDVL - Sectors Allocation Comparison

Sectors	WDIV	BDVL
Financial Services	23.1%	13.9%
Utilities	13.8%	4.8%
Real Estate	13.3%	1.0%
Industrials	12.1%	15.4%
Communication Services	9.8%	10.7%
Energy	7.1%	2.8%
Consumer Defensive	6.4%	6.3%
Healthcare	4.6%	11.1%
Consumer Cyclical	3.9%	8.5%
Basic Materials	3.1%	2.6%
Technology	2.9%	23.0%

Return for Risk

WDIV vs. BDVL — Risk / Return Rank

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

WDIV

WDIV Risk / Return Rank: 59
WDIV Sharpe Ratio Rank: 63
WDIV Sortino Ratio Rank: 66
WDIV Omega Ratio Rank: 62
WDIV Calmar Ratio Rank: 51
WDIV Martin Ratio Rank: 54

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.

WDIV vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Dividend ETF (WDIV) 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.

	WDIV	BDVL	Difference
Sharpe ratio Return per unit of total volatility	2.16	—	—
Sortino ratio Return per unit of downside risk	3.10	—	—
Omega ratio Gain probability vs. loss probability	1.39	—	—
Calmar ratio Return relative to maximum drawdown	2.55	—	—
Martin ratio Return relative to average drawdown	9.39	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WDIV	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	1.01	-0.55

Drawdowns

WDIV vs. BDVL - Drawdown Comparison

The maximum WDIV drawdown since its inception was -42.34%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for WDIV and BDVL.

Drawdown Indicators

	WDIV	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-42.34%	-7.71%	-34.63%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.34%	—	—
Current Drawdown Current decline from peak	-1.25%	-0.95%	-0.30%
Average Drawdown Average peak-to-trough decline	-5.85%	-1.19%	-4.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	—	—

Volatility

Volatility by Period

	WDIV	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.18%	9.49%	+0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.77%	9.49%	+3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.40%	9.49%	+5.91%

WDIV vs. BDVL - Expense Ratio Comparison

Both WDIV and BDVL have an expense ratio of 0.40%.

Dividends

WDIV vs. BDVL - Dividend Comparison

WDIV's dividend yield for the trailing twelve months is around 4.04%, more than BDVL's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDVL iShares Disciplined Volatility Equity Active ETF	2.66%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WDIV SPDR S&P Global Dividend ETF	4.04%	4.27%	4.63%	4.73%	5.12%	4.15%	5.55%	3.99%	4.42%	3.62%	4.32%	5.03%

Frequently Asked Questions

Can I hold both WDIV and BDVL in my portfolio?

WDIV and BDVL have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDIV or BDVL?

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDIV or BDVL?

WDIV and BDVL have the same expense ratio: 0.40% per year.

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

WDIV has the higher dividend yield at 4.04%, compared with 2.66% for BDVL.

What is the main difference between WDIV and BDVL?

WDIV tracks S&P Global Dividend Aristocrats Index sp_43, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: State Street and iShares.