WSGE vs. BDVL

Last updated Jun 7, 2026

WSGE (Warren Street Global Equity ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds. WSGE is actively managed, while BDVL is passively managed. Their correlation of 0.86 suggests significant overlap in exposure. WSGE charges 0.80%/yr vs 0.40%/yr for BDVL.

Performance

WSGE vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Warren Street Global Equity ETF (WSGE) 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, WSGE achieves a 9.17% return, which is significantly higher than BDVL's 3.52% return.

WSGE

• 1D: -2.89%
• 1M: 0.15%
• YTD: 9.17%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDVL

• 1D: -1.52%
• 1M: -1.29%
• YTD: 3.52%
• 6M: 3.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WSGE vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
WSGE Warren Street Global Equity ETF	9.17%	0.31%
BDVL iShares Disciplined Volatility Equity Active ETF	3.52%	0.98%

Correlation

The correlation between WSGE and BDVL is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025	0.86

Return for Risk

WSGE vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Warren Street Global Equity ETF (WSGE) 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.

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

Sharpe Ratios by Period

	WSGE	BDVL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	0.81	+0.51

Drawdowns

WSGE vs. BDVL - Drawdown Comparison

The maximum WSGE drawdown since its inception was -9.25%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for WSGE and BDVL.

Drawdown Indicators

	WSGE	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-9.25%	-7.71%	-1.54%
Current Drawdown Current decline from peak	-3.27%	-2.08%	-1.19%
Average Drawdown Average peak-to-trough decline	-1.66%	-1.19%	-0.47%

Volatility

Volatility by Period

	WSGE	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.68%	9.62%	+6.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.68%	9.62%	+6.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.68%	9.62%	+6.06%

WSGE vs. BDVL - Expense Ratio Comparison

WSGE has a 0.80% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

WSGE vs. BDVL - Dividend Comparison

WSGE's dividend yield for the trailing twelve months is around 0.25%, less than BDVL's 2.70% yield.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	2.70%	2.79%
WSGE Warren Street Global Equity ETF	0.25%	0.27%

Frequently Asked Questions

Can I hold both WSGE and BDVL in my portfolio?

WSGE and BDVL have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WSGE 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, WSGE or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.80% for WSGE.

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

BDVL has the higher dividend yield at 2.70%, compared with 0.25% for WSGE.

What is the main difference between WSGE and BDVL?

They also come from different issuers: Warren Street and iShares. Their fees differ too: 0.80% for WSGE and 0.40% for BDVL.