WEEI vs. BDVG

Last updated Jun 23, 2026

WEEI (Westwood Salient Enhanced Energy Income ETF) and BDVG (iMGP Berkshire Dividend Growth ETF) are both exchange-traded funds - WEEI is a Energy Equities fund actively managed by Westwood, while BDVG is a Large Cap Value Equities fund actively managed by iMGP. Both are actively managed. Over the past year, WEEI returned 19.06% vs 22.96% for BDVG. At a 0.41 correlation, their price movements are largely independent. WEEI charges 0.85%/yr vs 0.55%/yr for BDVG.

Performance

WEEI vs. BDVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Westwood Salient Enhanced Energy Income ETF (WEEI) and iMGP Berkshire Dividend Growth ETF (BDVG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with WEEI having a 11.84% return and BDVG slightly higher at 12.14%.

WEEI

• 1D: 1.07%
• 1M: -6.86%
• YTD: 11.84%
• 6M: 13.16%
• 1Y: 19.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVG

• 1D: 0.32%
• 1M: 1.58%
• YTD: 12.14%
• 6M: 11.38%
• 1Y: 22.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WEEI vs. BDVG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WEEI Westwood Salient Enhanced Energy Income ETF	11.84%	11.28%	-3.19%
BDVG iMGP Berkshire Dividend Growth ETF	12.14%	13.81%	8.14%

Correlation

The correlation between WEEI and BDVG is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (All Time) Calculated using the full available price history since May 1, 2024	0.41

The correlation between WEEI and BDVG shifts across timeframes, from 0.27 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.

WEEI vs. BDVG - Sectors Allocation Comparison

Sectors	WEEI	BDVG
Energy	100.0%	10.5%
Basic Materials	-	3.7%
Communication Services	-	0.6%
Consumer Cyclical	-	6.2%
Consumer Defensive	-	11.6%
Financial Services	-	17.0%
Healthcare	-	9.8%
Industrials	-	18.6%
Real Estate	-	1.3%
Technology	-	18.2%
Utilities	-	3.1%

Return for Risk

WEEI vs. BDVG — Risk / Return Rank

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

WEEI

WEEI Risk / Return Rank: 39
WEEI Sharpe Ratio Rank: 38
WEEI Sortino Ratio Rank: 34
WEEI Omega Ratio Rank: 35
WEEI Calmar Ratio Rank: 42
WEEI Martin Ratio Rank: 44

BDVG

BDVG Risk / Return Rank: 74
BDVG Sharpe Ratio Rank: 74
BDVG Sortino Ratio Rank: 78
BDVG Omega Ratio Rank: 73
BDVG Calmar Ratio Rank: 70
BDVG Martin Ratio Rank: 72

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.

WEEI vs. BDVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Westwood Salient Enhanced Energy Income ETF (WEEI) and iMGP Berkshire Dividend Growth ETF (BDVG). 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.

	WEEI	BDVG	Difference
Sharpe ratio: Return per unit of total volatility	1.33	2.29	-0.97
Sortino ratio: Return per unit of downside risk	1.77	3.33	-1.56
Omega ratio: Gain probability vs. loss probability	1.23	1.41	-0.19
Calmar ratio: Return relative to maximum drawdown	2.02	3.44	-1.42
Martin ratio: Return relative to average drawdown	7.06	13.10	-6.04

WEEI vs. BDVG - Sharpe Ratio Comparison

The current WEEI Sharpe Ratio is 1.33, which is lower than the BDVG Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of WEEI and BDVG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WEEI vs. BDVG - Drawdown Comparison

The maximum WEEI drawdown since its inception was -18.78%, which is greater than BDVG's maximum drawdown of -14.46%. Use the drawdown chart below to compare losses from any high point for WEEI and BDVG.

Drawdown Indicators

	WEEI	BDVG	Difference
Max Drawdown Largest peak-to-trough decline	-18.78%	-14.46%	-4.32%
Max Drawdown (1Y) Largest decline over 1 year	-9.46%	-6.70%	-2.76%
Current Drawdown Current decline from peak	-8.49%	-1.50%	-6.99%
Average Drawdown Average peak-to-trough decline	-4.19%	-2.32%	-1.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	1.76%	+0.97%

Volatility

WEEI vs. BDVG - Volatility Comparison

Westwood Salient Enhanced Energy Income ETF (WEEI) has a higher volatility of 5.68% compared to iMGP Berkshire Dividend Growth ETF (BDVG) at 3.80%. This indicates that WEEI's price experiences larger fluctuations and is considered to be riskier than BDVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEEI	BDVG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.68%	3.80%	+1.88%
Volatility (6M) Calculated over the trailing 6-month period	11.21%	7.78%	+3.43%
Volatility (1Y) Calculated over the trailing 1-year period	14.47%	10.09%	+4.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.37%	11.95%	+6.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.37%	11.95%	+6.42%

WEEI vs. BDVG - Expense Ratio Comparison

WEEI has a 0.85% expense ratio, which is higher than BDVG's 0.55% expense ratio.

Dividends

WEEI vs. BDVG - Dividend Comparison

WEEI's dividend yield for the trailing twelve months is around 11.93%, more than BDVG's 1.53% yield.

Position	TTM	2025	2024	2023
BDVG iMGP Berkshire Dividend Growth ETF	1.53%	1.75%	1.69%	0.95%
WEEI Westwood Salient Enhanced Energy Income ETF	11.93%	12.59%	7.20%	0.00%

Frequently Asked Questions

Can I hold both WEEI and BDVG in my portfolio?

WEEI and BDVG have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEEI or BDVG?

WEEI has higher volatility (5.68%) compared to BDVG (3.80%). In terms of maximum drawdown, WEEI dropped -18.78% vs BDVG's -14.46%.

Which ETF is better, WEEI or BDVG?

On 1-year performance, BDVG leads with 22.96% vs 19.06% for WEEI. On fees, BDVG is cheaper at 0.55% per year. On volatility, BDVG has been the lower-risk option at 3.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WEEI or BDVG?

Over the 1-year period, BDVG has performed better with a 22.96% return vs 19.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WEEI or BDVG?

BDVG is cheaper with a 0.55% expense ratio, compared with 0.85% for WEEI.

Which ETF pays a higher dividend yield, WEEI or BDVG?

WEEI has the higher dividend yield at 11.93%, compared with 1.53% for BDVG.

What is the main difference between WEEI and BDVG?

WEEI is categorized as Energy Equities, while BDVG is Large Cap Value Equities. They also come from different issuers: Westwood and iMGP. Their fees differ too: 0.85% for WEEI and 0.55% for BDVG.

Which has better risk-adjusted returns?

BDVG currently has the higher Sharpe Ratio (2.29 vs 1.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.