EWP vs BDVL

Comparison between ISHARES MSCI SPAIN ETF (EWP, ETF) and iShares Disciplined Volatility Equity Active ETF (BDVL, ETF).

EWP vs BDVL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWP(ETF)	BDVL(ETF)
Net Assets	$1.70B	$1.70B
Expense Ratio	0.50%	0.40%
Max Drawdown	73.65%	7.71%
Sharpe Ratio	1.65	0.59
5Y Beta	0.66	0.62
5Y Dividends CAGR	13.88%	N/A

Net Assets

EWP

$1.70B

BDVL

$1.70B

Expense Ratio

EWP

0.50%

Winner

BDVL

0.40%

Max Drawdown

EWP

73.65%

Winner

BDVL

7.71%

Sharpe Ratio

Winner

EWP

1.65

BDVL

0.59

5Y Beta

EWP

0.66

Winner

BDVL

0.62

5Y Dividends CAGR

EWP

13.88%

BDVL

N/A

EWP vs BDVL - Holdings Comparison

EWP and BDVL have 1 common holdings. Overlap is -5.31%

EWP's top 25 holdings weight is 100.03%. BDVL's top 25 holdings weight is 48.75%.

Rank	EWP	BDVL
#1	BANCO SANTANDER SA (n/a) - 18.30%	JPY/USD PURCHASED (n/a) - 5.25%
#2	IBERDROLA SA (n/a) - 14.18%	INR/USD PURCHASED (n/a) - 4.87%
#3	BANCO BILBAO VIZCAYA ARGENTARIA SA (n/a) - 12.37%	EUR/USD PURCHASED (n/a) - 4.63%
#4	INDUSTRIA DE DISENO TEXTIL SA SHARE FROM SPLIT (n/a) - 4.89%	HKD/USD PURCHASED (n/a) - 3.97%
#5	CAIXABANK SA (n/a) - 4.53%	ISHARES MSCI INDIA ETF (INDA) - 2.84%
#6	FERROVIAL NV (n/a) - 4.42%	USD CASH (n/a) - 2.54%
#7	REPSOL SA (n/a) - 4.27%	CAD/USD PURCHASED (n/a) - 2.41%
#8	ACS ACTIVIDADES DE CONSTRUCCION Y SERVICIOS SA (n/a) - 4.12%	ALPHABET INC CLASS C (GOOG) - 1.61%
#9	AMADEUS IT GROUP SA (n/a) - 4.03%	AUD/USD PURCHASED (n/a) - 1.55%
#10	AENA SME SA (n/a) - 3.50%	CHF/USD PURCHASED (n/a) - 1.50%
#11	NATURGY ENERGY GROUP SA (n/a) - 3.31%	CISCO SYSTEMS INC (CSCO) - 1.46%
#12	BANCO DE SABADELL SA (n/a) - 3.04%	INTEL CORP (INTC) - 1.39%
#13	ENDESA SA (n/a) - 2.94%	AMAZON.COM INC (AMZN) - 1.38%
#14	TELEFONICA SA (n/a) - 2.80%	TJX COMPANIES INC (TJX) - 1.32%
#15	CELLNEX TELECOM SA (n/a) - 2.75%	ASML HOLDING NV (n/a) - 1.32%
#16	ACCIONA SA (n/a) - 2.18%	HOWMET AEROSPACE INC (HWM) - 1.21%
#17	BANKINTER SA (n/a) - 2.15%	MICROSOFT CORP (MSFT) - 1.16%
#18	INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA (n/a) - 1.67%	SGD/USD PURCHASED (n/a) - 1.10%
#19	REDEIA CORPORACION SA (n/a) - 1.62%	VISA INC CLASS A (V) - 1.08%
#20	INDRA SISTEMAS SA SHS CLASS -A- (n/a) - 1.37%	MASTERCARD INC CLASS A (MA) - 1.06%
#21	MAPFRE SA (n/a) - 1.21%	SOUTHERN CO (SO) - 1.06%
#22	EUR CASH (n/a) - 0.32%	MCKESSON CORP (MCK) - 1.05%
#23	BLACKROCK CASH FUNDS TREASURY SL AGENCY (n/a) - 0.06%	GBP/USD PURCHASED (n/a) - 1.04%
#24	ETD USD BALANCE WITH R97871 (n/a) - 0.00%	VERTIV HOLDINGS CO CLASS A (VRT) - 0.98%
#25	IBEX 35 INDEX JUN 26 (n/a) - 0.00%	SIEMENS ENERGY AG ORDINARY SHARES (n/a) - 0.97%
Total Holdings	26	524

EWP vs BDVL - Historical Returns

Returns include dividend reinvestment.

Period	EWP	BDVL
1 month	+5.87%	+0.42%
3 months	+11.14%	+3.76%
6 months	+13.23%	+5.90%
1 year	+42.84%	N/A
5 years(CAGR)	+18.47%	N/A
10 years(CAGR)	+12.14%	N/A
Max(CAGR)	+6.70%	+9.42%

Winner

EWP

+5.87%

BDVL

+0.42%

Winner

EWP

+11.14%

BDVL

+3.76%

Winner

EWP

+13.23%

BDVL

+5.90%

EWP

+42.84%

BDVL

N/A

5Y(CAGR)

EWP

+18.47%

BDVL

N/A

10Y(CAGR)

EWP

+12.14%

BDVL

N/A

Max(CAGR)

EWP

+6.70%

Winner

BDVL

+9.42%

EWP vs BDVL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EWP	BDVL
2026	+9.29%	+5.05%
2025	+78.53%	+1.98%
2024	+6.19%	N/A
2023	+29.44%	N/A
2022	-6.16%	N/A
2021	-0.54%	N/A
2020	-5.20%	N/A
2019	+11.70%	N/A
2018	-16.24%	N/A
2017	+25.38%	N/A
2016	-0.48%	N/A
2015	-16.36%	N/A
2014	-3.56%	N/A
2013	+30.86%	N/A
2012	+3.18%	N/A
2011	-9.61%	N/A
2010	-21.26%	N/A
2009	+31.36%	N/A
2008	-36.80%	N/A
2007	+19.88%	N/A
2006	+44.57%	N/A
2005	+5.10%	N/A
2004	+27.54%	N/A
2003	+55.21%	N/A
2002	-15.29%	N/A
2001	-11.66%	N/A
2000	-17.31%	N/A
1999	+10.78%	N/A

EWP vs BDVL Drawdown Comparison

The maximum drawdown for EWP was -61.20%, occurring on Mar 9, 2009. Recovery took 4204 trading sessions.

The maximum drawdown for BDVL was -7.71%, occurring on Mar 27, 2026. Recovery took 47 trading sessions.

The current EWP drawdown is -0.02%. The current BDVL drawdown is -1.21%.

Rank	EWP	BDVL
#1	-61.20% Dec 10, 2007 - Aug 23, 2024	-7.71% Feb 27, 2026 - May 6, 2026
#2	-47.57% Mar 16, 2000 - Jan 2, 2004	-3.36% Nov 12, 2025 - Dec 5, 2025
#3	-13.47% Feb 17, 2004 - Oct 21, 2004	-2.31% May 26, 2026 - Jun 15, 2026
#4	-12.89% May 10, 2006 - Aug 15, 2006	-1.99% Sep 17, 2025 - Oct 20, 2025
#5	-12.19% Apr 3, 2025 - Apr 17, 2025	-1.51% May 6, 2026 - May 26, 2026
#6	-11.69% Sep 26, 2024 - Feb 12, 2025	-1.48% Jan 12, 2026 - Jan 26, 2026
#7	-11.38% Feb 25, 2026 - Apr 17, 2026	-1.43% Oct 27, 2025 - Nov 11, 2025
#8	-9.96% Jan 3, 2000 - Mar 2, 2000	-1.21% Jun 15, 2026 - Jun 17, 2026
#9	-9.86% Feb 20, 2007 - Apr 2, 2007	-1.05% Jan 27, 2026 - Feb 9, 2026
#10	-9.48% Mar 4, 2005 - Aug 9, 2005	-0.87% Dec 11, 2025 - Dec 22, 2025
#11	-9.38% Jul 19, 2007 - Oct 2, 2007	-0.75% Dec 26, 2025 - Jan 6, 2026
#12	-6.87% Sep 29, 2005 - Jan 3, 2006	-0.69% Dec 5, 2025 - Dec 11, 2025
#13	-6.49% Jun 4, 2007 - Jul 12, 2007	-0.64% Feb 11, 2026 - Feb 20, 2026
#14	-6.31% Dec 30, 2004 - Feb 14, 2005	-0.64% Oct 20, 2025 - Oct 27, 2025
#15	-6.03% Apr 17, 2026 - Jun 12, 2026	-0.61% Feb 20, 2026 - Feb 24, 2026

Correlation

Correlation between EWP and BDVL is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2000 - 2026)

EWP vs BDVL dividend yield comparison.

Year	EWP	BDVL
2026	1.57%	0.87%
2025	2.27%	2.79%
2024	4.35%	0.00%
2023	2.70%	0.00%
2022	3.07%	0.00%
2021	3.29%	0.00%
2020	2.56%	0.00%
2019	3.72%	0.00%
2018	3.69%	0.00%
2017	2.72%	0.00%
2016	4.65%	0.00%
2015	3.85%	0.00%
2014	4.72%	0.00%
2013	2.84%	0.00%
2012	4.64%	0.00%
2011	9.66%	0.00%
2010	5.85%	0.00%
2009	4.26%	0.00%
2008	7.09%	0.00%
2007	1.82%	0.00%
2006	0.71%	0.00%
2005	2.05%	0.00%
2004	1.73%	0.00%
2003	0.98%	0.00%
2002	0.88%	0.00%
2001	0.79%	0.00%
2000	4.14%	0.00%