BDVL vs SAGP

BDVLAiShares Disciplined Volatility Equity Active ETF

SAGPCStrategas Global Policy Opportunities 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.

SAGP Wall Street reads earnings calls. Strategas reads lobbying disclosures. SAGP is an active global stock fund that ranks companies by how hard they work Washington, then rebalances quarterly as the agenda shifts.

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.

SAGP The Fund seeks long-term capital appreciation.

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.

• SAGP Stock selection starts with public lobbying data, which the adviser calls a largely unrecognized factor in company analysis. Not another value-versus-growth sort.sec.gov
• Rebalances quarterly, so the book can follow which issues and industries are drawing the heaviest lobbying push in Washington.strategasetfs.com
• Roughly 100 names spanning US large, mid and small caps plus non-US companies, so the policy theme rides on a broad book rather than a handful of bets.sec.gov
• At 0.65%, it undercuts the median fee among active global equity funds we grade, and it sits in the upper half of that peer group overall.

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.

• SAGP Lobbying intensity is the primary input and traditional financial metrics are not part of the screen, so results can diverge sharply from fundamentals-driven funds.strategasetfs.com
• Thinly traded. Spreads can run wider than in mega-cap index funds, so limit orders and mid-session trading matter more here.
• 0.65% is real money next to plain global index trackers like GSWO at 0.15%. You are paying for a research process, not an index.

Full BDVL profile⁠

Full SAGP profile⁠