Skip to content
etf.net

Launched · SEC filings

iShares Disciplined Volatility Equity Active ETF

BDVLNasdaqA

$26.54+0.02 (+0.09%)

At close: Oct 13, 2026, 4:00 PM

A77/ 100

Rank 4 of 44 in Global Active Equity

A77/100Rank 4 of 44inGlobal Active Equity
Intraday session: up, 65 prints from 26.52 to 26.54. Range 26.46 to 26.56. Use the arrow keys to read each point.26.4626.4826.5026.5610 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$1.8B
1Y total return
+12.0%
Yield · Last 12 months
Data unavailable
Holdings
420
Avg volume · 30D
0.3M sh
NAV per share
$26.48
52W range
low $24.04high $27.02
Launched
Filings
SEC EDGAR

The ETF.net BDVL Grade

Based on 5 of 6 pillars

A

Score 77 out of 100

Category
Global Active Equity⁠
Rank
4 of 44
Six-pillar profile for BDVL. Scores out of 100: Cost 79, Risk 75, Mission not scored, Tradability 64, Holdings 88, Durability 93. Strongest: Durability (93). Weakest: Tradability (64). Based on 5 of 6 pillars.

Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A79 out of 100
    Rank 9 of 44

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A75 out of 100
    Rank 2 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 12 of 44

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A88 out of 100
    Rank 2 of 44

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A93 out of 100
    Rank 2 of 44

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 Oct 12, 2026
Asset class
Stocks
Holdings
420
Top-10 weight
18%
Largest holding
USD Cash4.9%

Geography

  • United States65.71%
  • Japan8.12%
  • China4.78%
  • Taiwan (Province of China)3.46%
  • Netherlands3.03%
  • Switzerland2.22%
  • Germany1.83%
  • United Kingdom1.33%
  • Other countries (20)9.52%

Developed 68% · Emerging 32% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 28.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—USD Cash4.92%86,658,357$87M263
002ASML.ASAsml Holding1.84%18,091$32M195
003MSFTMicrosoft1.83%60,188$32M815
004MAMastercard Class A1.59%47,691$28M526
005AMZNAmazon.com Inc1.48%99,318$26M736
006SOSouthern1.28%261,771$23M331
007GOOGAlphabet Class C1.25%63,578$22M478
0082330.TWTaiwan Semiconductor Manufacturing1.23%271,000$22M176
009KEYSKeysight Technologies1.20%55,377$21M375
010INTCIntel Corporation1.16%195,983$21M511
011PGRProgressive1.11%89,912$20M390
012AVGOBroadcom Inc1.10%53,457$19M754
013NVDANVIDIA1.09%83,517$19M847
014KOCoca-Cola1.05%209,439$18M464
015HWMHowmet Aerospace1.01%78,716$18M358

Showing 1–15 of 420 holdings

BDVL Performance

Launched Jun 1, 2017

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

Not enough history yet.Not enough history yet.Not enough history yet.
BDVL$11,201
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. BDVL $11,201. SPY $12,044. Use the arrow keys to read each point.$9,582$10,912$12,243Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+7.8%
1 month+0.1%
3 months+1.1%
1 year+12.0%
3 yearsHistory unavailableper year—
5 yearsHistory unavailableper year—
10 yearsFund is under 10 years oldper 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+7.8%
2025+2.0%

History from Sep 15, 2025

BDVL in the news

Filtered to BDVL · Global Active Equity

BDVL Dividends

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.
9.1%
Annualised · 12 months to Sep 2026
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.
0.51
vs 3-month T-bills · 12 months to Sep 2026
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.

Other funds in Global Active Equity

See others