WLDR vs. BDVL

Last updated Jun 3, 2026

WLDR (Affinity World Leaders Equity ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - WLDR tracks the Thomson Reuters StarMine Affinity World Leaders Index while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. A 0.66 correlation means they provide meaningful diversification when combined. WLDR charges 0.67%/yr vs 0.40%/yr for BDVL.

Performance

WLDR vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Affinity World Leaders Equity ETF (WLDR) 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, WLDR achieves a 31.09% return, which is significantly higher than BDVL's 5.17% return.

WLDR

• 1D: -0.28%
• 1M: 13.39%
• YTD: 31.09%
• 6M: 37.06%
• 1Y: 60.09%
• 3Y*: 33.25%
• 5Y*: 18.51%
• 10Y*: —

BDVL

• 1D: 0.24%
• 1M: 1.11%
• YTD: 5.17%
• 6M: 6.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WLDR vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
WLDR Affinity World Leaders Equity ETF	31.09%	5.60%
BDVL iShares Disciplined Volatility Equity Active ETF	5.17%	1.97%

Correlation

The correlation between WLDR and BDVL is 0.66, 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	0.66

WLDR vs. BDVL - Sectors Allocation Comparison

Sectors	WLDR	BDVL
Technology	29.9%	23.0%
Financial Services	13.4%	13.9%
Communication Services	10.9%	10.7%
Consumer Defensive	9.1%	6.3%
Healthcare	9.1%	11.1%
Industrials	8.6%	15.4%
Consumer Cyclical	6.2%	8.5%
Energy	4.7%	2.8%
Basic Materials	3.5%	2.6%
Utilities	2.7%	4.8%
Real Estate	1.9%	1.0%

Return for Risk

WLDR vs. BDVL — Risk / Return Rank

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

WLDR

WLDR Risk / Return Rank: 94
WLDR Sharpe Ratio Rank: 95
WLDR Sortino Ratio Rank: 95
WLDR Omega Ratio Rank: 94
WLDR Calmar Ratio Rank: 93
WLDR Martin Ratio Rank: 94

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.

WLDR vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Affinity World Leaders Equity ETF (WLDR) 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.

	WLDR	BDVL	Difference
Sharpe ratio Return per unit of total volatility	4.04	—	—
Sortino ratio Return per unit of downside risk	5.33	—	—
Omega ratio Gain probability vs. loss probability	1.69	—	—
Calmar ratio Return relative to maximum drawdown	6.84	—	—
Martin ratio Return relative to average drawdown	27.78	—	—
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

	WLDR	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.04	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	1.09	-0.49

Drawdowns

WLDR vs. BDVL - Drawdown Comparison

The maximum WLDR drawdown since its inception was -44.69%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for WLDR and BDVL.

Drawdown Indicators

	WLDR	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-44.69%	-7.71%	-36.98%
Max Drawdown (1Y) Largest decline over 1 year	-8.86%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.77%	—	—
Current Drawdown Current decline from peak	-0.28%	-0.51%	+0.23%
Average Drawdown Average peak-to-trough decline	-8.63%	-1.19%	-7.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	—	—

Volatility

Volatility by Period

	WLDR	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.94%	9.50%	+5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.21%	9.50%	+7.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.94%	9.50%	+11.44%

WLDR vs. BDVL - Expense Ratio Comparison

WLDR has a 0.67% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

WLDR vs. BDVL - Dividend Comparison

WLDR's dividend yield for the trailing twelve months is around 6.97%, more than BDVL's 2.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BDVL iShares Disciplined Volatility Equity Active ETF	2.65%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WLDR Affinity World Leaders Equity ETF	6.97%	9.01%	13.99%	2.28%	2.10%	7.55%	1.80%	2.48%	2.82%

Frequently Asked Questions

Can I hold both WLDR and BDVL in my portfolio?

WLDR and BDVL have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WLDR 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, WLDR or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.67% for WLDR.

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

WLDR has the higher dividend yield at 6.97%, compared with 2.65% for BDVL.

What is the main difference between WLDR and BDVL?

WLDR tracks Thomson Reuters StarMine Affinity World Leaders Index, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: Regents Park Funds and iShares. Their fees differ too: 0.67% for WLDR and 0.40% for BDVL.