BDVL vs JSTC

BDVLAiShares Disciplined Volatility Equity Active ETF

JSTCCAdasina Social Justice All Cap Global ETF

In short

BDVL A global low-volatility fund with an active engine: a quant model picks roughly 500 stocks on low vol, quality and value, scored against MSCI's ACWI Minimum Volatility Index. Fee: 0.39% net of a waiver through June 30, 2028.

JSTC Not an off-the-shelf ESG score. Adasina screens global companies against its own social justice criteria (racial, gender, economic, climate), then runs the book actively across every market cap.

Stated mandate

BDVL 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.

JSTC The Fund seeks capital appreciation and income. It actively invests in global companies whose business practices align with Adasina’s social-justice criteria, including racial, gender, economic, and climate justice.

Why people hold it

• BDVL Costs 0.39% net of a waiver through June 30, 2028, below the median fee among global active equity peers and under sibling fund BFLX at 0.40%.
• Roughly 500 holdings worldwide, so no single stock runs the show. Its holdings build and risk profile rank among the strongest in its peer group.
• Built to hold core equity exposure while leaning toward stocks that have shown smaller price swings than the broad market.ishares.com
• Trading since 2017, a long life for an active equity ETF, and it has gathered billions from investors along the way.

• JSTC The mandate names what it's screening for: racial, gender, economic and climate justice, applied to company business practices rather than compressed into one vendor ESG rating.
• Global and all-cap in a single ticker, actively managed rather than tracking a broad world index on autopilot.
• Running since 2020 with its own named yardstick, the Adasina Social Justice Index, instead of borrowing a generic global benchmark.

Worth knowing

• BDVL A model, not an index, picks the names. Active discretion cuts both ways against the MSCI minimum-volatility benchmark it is measured by.
• The low-vol tilt means lighter exposure to the market's most volatile high-flyers, which shapes how it behaves when those names run.
• Cheaper active options sit in the same category: AVTM at 0.22% and AVGE at 0.23% deliver broad global equity without the volatility focus.

• JSTC 0.89% a year is real money beside global peers such as GSWO (0.15%) and AVGE (0.25%), and above the typical actively managed global equity fund.
• Thinly traded next to the household-name global funds, so spreads and order size carry more weight here.
• Distributions land once or twice a year, not monthly.

Full BDVL profile⁠

Full JSTC profile⁠