BMDL vs IVV

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricBMDLIVVWinner
Expense Ratio0.40%0.03%
AUM$113M$907.0B
Dividend Yield3.96%1.10%
Holdings420508
YTD Return+0.16%+14.29%
1Y Return+5.80%+21.79%
3Y Return (annualized)-+22.19%
5Y Return (annualized)-+13.28%
Volatility (annualized)4.6%15.1%
Max Drawdown-6.3%-56.5%
Fund FamilyVictory Capital Management Inc.iShares by BlackRock (US)
CategoryFixed IncomeEquity
InceptionJun 21, 2024May 15, 2000

BMDL vs IVV Performance

VictoryShares WestEnd Economic Cycle Bond ETF (BMDL) is a ETF from Victory Capital Management Inc. and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BMDL returned +5.80% while IVV returned +21.79%. Year to date, BMDL is up 0.16% versus a gain of 14.29% for IVV.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 4.6% for BMDL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -6.3% for BMDL and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.28. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BMDL charges 0.40% per year while IVV charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, BMDL currently yields 3.96% against 1.10% for IVV.

Holdings Overlap

0.1%overlap

BMDL and IVV share 2 holdings out of 915 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in BMDLWeight in IVVDifference
KDP0.13%0.06%0.07%
HUBB0.10%0.04%0.06%

Frequently Asked Questions

Which is cheaper, BMDL or IVV?

BMDL has an expense ratio of 0.40% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $37 per year of difference.

Which performed better, BMDL or IVV?

Over the past year BMDL returned +5.80% vs +21.79% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), BMDL annualized +4.37% vs +7.06% for IVV. Past performance does not guarantee future results.

Which is riskier, BMDL or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 4.6% for BMDL. Worst drawdown: BMDL -6.3% vs IVV -56.5%.

Should I hold both BMDL and IVV?

BMDL and IVV have a monthly-return correlation of 0.28, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BMDL and IVV?

BMDL and IVV share 2 common holdings with a 0.1% weight overlap. Combined, they hold 915 unique securities.

Which pays a higher dividend, BMDL or IVV?

BMDL yields 3.96% while IVV yields 1.10%, so BMDL currently pays the higher dividend yield.

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