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BDVL

GradeANASDAQ Global Select

iShares Disciplined Volatility Equity Active ETF

Active Equity · IShares · Inception 2017-05-31 · SEC filings

$26.36−0.13 (−0.50%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Sep 15, 2025.
Intraday session: down, 44 prints from 26.50 to 26.36. Range 26.30 to 26.41. Use the arrow keys to read each point.$26.30$26.32$26.35$26.4010 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$1.8B
1Y return
+10.0%
Yield · Last 12 months
Data unavailable
Holdings
516
Volume · 30D
0.3M sh
NAV per share
$26.47
52W range
low $24.04high $27.02

The ETF.net BDVL Grade

A

77/ 100

Rank 5 of 44 in Global Active Equity⁠

Confidence Medium

Six-pillar profile for BDVL. Scores out of 100: Cost 79, Risk 72, Mission not scored, Tradability 65, Holdings 89, Durability 93. Strongest: Durability (93). Weakest: Tradability (65). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 77 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 79
    Category rank9/44 · top 20%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 72
    Category rank5/42 · top 12%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 65
    Category rank16/44 · top 36%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 89
    Category rank2/43 · top 5%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 93
    Category rank2/44 · top 5%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BDVL

ETF.net Research

AMost low-volatility ETFs just track an index. BDVL runs a quant model across roughly 500 global stocks, tilting toward low-vol, quality and value, and measures itself against MSCI's All Country World Minimum Volatility benchmark.

Stated mandate

The Fund seeks risk-adjusted total return through active management of equity exposure, with a focus on managing volatility relative to the broad equity market.

Why people hold it

  1. 01Costs 0.41% a year, well under the 0.69% median for active global equity funds and below Capital Group's CGDG at 0.47%.
  2. 02Active without the mystery: a systematic, model-driven process targets low volatility, quality and value, benchmarked to the MSCI All Country World Minimum Volatility Index.ishares.com
  3. 03About 500 holdings spread across global markets. Portfolio construction is one of the stronger features in its peer group, and no single name dominates.
  4. 04A multi-billion-dollar iShares fund running since 2017, and it sits in the top tier of the global active equity funds we grade.

Worth knowing

  1. 01Damping volatility means deliberately looking different from the broad market, so results can diverge in both directions from a plain global index fund.
  2. 02Trading is moderate rather than heavy, so spreads can run wider than on the largest index-based minimum volatility funds.
  3. 03Income arrives annually or semiannually, not monthly, and there is only a short window of risk history to judge the strategy by.

BDVL Holdings

As of Sep 22, 2026, 5:15 AM
Asset class
Stocks
Holdings
516
Top-10 weight
17%
Largest holding
USD CASH3.0%

Sectors

  • Technology28.9%
  • Financials16.8%
  • Industrials14.6%
  • Health Care12.4%
  • Communication9.0%
  • Cons. Staples5.5%
  • Consumer Discr.4.8%
  • Utilities4.4%
  • Energy3.2%
  • Real Estate0.4%

Geography

  • United States64.78%
  • Japan8.55%
  • China4.59%
  • Taiwan (Province of China)3.36%
  • Netherlands2.96%
  • Switzerland1.94%
  • Germany1.92%
  • United Kingdom1.35%
  • Other countries (20)10.56%

Developed 71% · Emerging 29% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 29.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—USD CASH3.01%52,655,909$53M193
002INDAISHARES MSCI INDIA ETF2.58%940,776$45M12
003MSFTMICROSOFT1.72%61,021$30M792
004ASML.ASASML HOLDING1.71%18,091$30M194
005AMZNAMAZON.COM INC1.48%101,961$26M720
006MAMASTERCARD CLASS A1.45%44,781$25M512
007SOSOUTHERN1.30%265,485$23M331
008GOOGALPHABET CLASS C1.25%63,407$22M471
009INTCINTEL CORPORATION1.21%195,461$21M492
0102330.TWTAIWAN SEMICONDUCTOR MANUFACTURING1.20%271,000$21M175
011TMUST MOBILE US INC1.08%112,075$19M383
012NVDANVIDIA1.07%84,146$19M828
013KOCOCA-COLA1.05%208,523$18M457
014COSTCOSTCO WHOLESALE CORP1.03%20,188$18M465
015AVGOBROADCOM INC1.03%50,381$18M732

Showing 1–15 of 425 holdings

BDVL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BDVL$10,999
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BDVL $10,999. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BDVL. Periods over one year show the average yearly return.
PeriodBDVL
Year to date+7.7%
1 month−0.5%
3 months+1.9%
1 year+10.0%
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BDVL
YearReturn barBDVL
2026 YTD+7.7%
2025+2.0%

History from Sep 15, 2025

BDVL in the news

ETF.net Research hasn’t filed on BDVL yet — coverage lands here as it’s written.

BDVL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.22 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 2 payments from 2025 to 2026 YTD. Dec 16, 2025 $0.69; Jun 15, 2026 $0.22. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.22
Dec 16, 2025Dec 19, 2025$0.69

BDVL Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−7.7%
12 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.61
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BDVL Cost

Expense ratio0.40%
  • The middle half of Global Active Equity funds
  • Median 0.69%

8 of the 44 Global Active Equity funds charge less.

BDVL costs $40.00 a year on $10,000. The median Global Active Equity fund costs $69.00.